Related-Party Transactions and Arrangements - (Tables)

6 Months Ended

Jun. 30, 2012

The Company incurred the following commissions, fees and expense reimbursements for services provided by CCI Advisors or its affiliates related to the services described above during the periods indicated:



	Three Months Ended				Six Months Ended
	June 30, 2012		June 30, 2011		June 30, 2012		June 30, 2011
Offering:
Selling commissions	$	2,946,848	$	185,255	$	3,631,749	$	185,255
Selling commissions reallowed by Cole Capital	$	2,946,848	$	185,255	$	3,631,749	$	185,255
Dealer manager fee	$	866,085	$	54,249	$	1,071,188	$	54,249
Dealer manager fee reallowed by Cole Capital	$	502,172	$	32,441	$	611,535	$	32,441
Other organization and offering expenses	$	653,349	$	60,526	$	809,203	$	60,526

The Company recorded fees and expense reimbursements as shown in the table below for services provided by CCI Advisors and its affiliates related to the services described above during the periods indicated:



	Three Months Ended				Six Months Ended
	June 30, 2012		June 30, 2011		June 30, 2012		June 30, 2011
Acquisition and Operations:
Acquisition fees and expenses	$	171,922	$	657,000	$	171,922	$	657,000
Advisory fees and expenses	$	—	$	—	$	—	$	—
Operating expenses	$	—	$	—	$	—	$	—