CONDENSED CONSOLIDATED BALANCE SHEETS (USD $) In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Investments in real estate:
Land	$ 78,983	$ 78,983
Building and improvements	888,966	812,225
Total investments in real estate	967,949	891,208
Less: Accumulated depreciation and amortization	(215,978)	(155,704)
Net investment in operating properties	751,971	735,504
Construction in progress	178,599	157,317
Net investments in real estate	930,570	892,821
Cash and cash equivalents	10,662	5,313
Accounts and other receivables, net of allowance for doubtful accounts of $112 and $159 as of December 31, 2014 and December 2013, respectively	10,290	10,339
Lease intangibles, net of accumulated amortization of $14,477 and $17,646 as of December 31, 2014 and December 2013, respectively	7,112	11,028
Goodwill	41,191	41,191
Other assets, net	75,600	55,802
Total assets	1,075,425	1,016,494
Liabilities:
Revolving credit facility	218,500	174,250
Senior unsecured term loan	100,000
Mortgage loan payable		58,250
Accounts payable and accrued expenses	42,463	48,978
Accrued dividends and distributions	22,355	18,804
Deferred rent payable	8,985	9,646
Acquired below-market lease contracts, net of accumulated amortization of $4,688 and $4,361 as of December 31, 2014 and 2013, respectively	5,576	6,681
Unearned revenue, prepaid rent and other liabilities	19,205	11,578
Total liabilities	417,084	328,187
Stockholders' equity:
Series A Cumulative Preferred Stock 7.25%, $115,000 liquidation preference ($25.00 per share, $0.01 par value), 4,600,000 shares issued and outstanding as of December 31, 2014 and December 2013	115,000	115,000
Common Stock, par value $0.01, 100,000,000 shares authorized and 21,757,366 and 21,387,152 shares issued and outstanding at December 31, 2014 and December 31, 2013, respectively	212	209
Additional paid-in capital	275,038	267,465
Accumulated other comprehensive loss	(125)
Distributions in excess of net income	(67,538)	(50,264)
Total stockholders' equity	322,587	332,410
Noncontrolling interests	335,754	355,897
Total equity	658,341	688,307
Total liabilities and equity	$ 1,075,425	$ 1,016,494