Condensed Consolidated Balance Sheets (USD $) In Thousands	Sep. 30, 2011	Dec. 31, 2010
Investments in real estate:
Land	$ 84,738	$ 84,738
Building and building improvements	480,053	450,097
Leasehold improvements	80,760	75,800
Total investments in real estate	645,551	610,635
Less: Accumulated depreciation and amortization	(55,854)	(32,943)
Net investment in operating properties	589,697	577,692
Construction in progress	75,624	11,987
Net investments in real estate	665,321	589,679
Cash and cash equivalents	10,204	86,246
Restricted cash	10,598	14,968
Accounts and other receivables, net of allowance for doubtful accounts of $328 and $305 as of September 30, 2011 and December 31, 2010, respectively	7,045	5,332
Lease intangibles, net of accumulated amortization of $28,581 and $17,105 as of September 30, 2011 and December 31, 2010, respectively	43,449	71,704
Goodwill	41,191	41,191
Other assets	30,833	23,906
Total assets	808,641	833,026
Liabilities:
Mortgage loans payable	110,501	124,873
Accounts payable and accrued expenses	42,978	26,393
Deferred rent payable	3,284	2,277
Acquired below-market lease contracts, net of accumulated amortization of $8,241 and $4,989 as of September 30, 2011 and December 31, 2010, respectively	13,021	16,415
Prepaid rent and other liabilities	11,589	8,603
Total liabilities	181,373	178,561
Stockholders' equity:
Common stock, par value $0.01, 100,000,000 shares authorized and 19,849,222 and 19,644,042 shares issued and outstanding at September 30, 2011 and December 31, 2010	195	194
Additional paid-in capital	241,700	239,453
Accumulated other comprehensive income (loss)	(43)	52
Accumulated deficit	(19,998)	(7,460)
Total stockholders' equity	221,854	232,239
Noncontrolling interests	405,414	422,226
Total equity	627,268	654,465
Total liabilities and equity	$ 808,641	$ 833,026