CONDENSED CONSOLIDATED BALANCE SHEETS (USD $) In Thousands, unless otherwise specified	Mar. 31, 2013	Dec. 31, 2012
Investments in real estate:
Land	$ 76,227	$ 85,868
Building and building improvements	618,593	593,020
Leasehold improvements	89,306	85,907
Total investments in real estate	784,126	764,795
Less: Accumulated depreciation and amortization	(115,435)	(104,490)
Net investment in operating properties	668,691	660,305
Construction in progress	98,957	61,328
Net investments in real estate	767,648	721,633
Cash and cash equivalents	8,487	8,130
Restricted cash	200	468
Accounts and other receivables, net of allowance for doubtful accounts of $570 and $625 as of March 31, 2013 and December 31, 2012, respectively	10,108	9,901
Lease intangibles, net of accumulated amortization of $30,899 and $33,050 as of March 31, 2013 and December 31, 2012, respectively	16,260	19,453
Goodwill	41,191	41,191
Other assets	47,695	44,556
Total assets	891,589	845,332
Liabilities:
Revolving credit facility	52,000
Mortgage loans payable	59,375	59,750
Accounts payable and accrued expenses	49,903	50,624
Deferred rent payable	5,642	4,329
Acquired below-market lease contracts, net of accumulated amortization of $6,297 and $10,062 as of March 31, 2013 and December 2012, respectively	7,988	8,539
Prepaid rent and other liabilities	12,177	11,317
Total liabilities	187,085	134,559
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 March 31, 2013 and December 31, 2012	115,000	115,000
Common Stock, par value $0.01, 100,000,000 shares authorized and 21,381,336 and 21,202,673 shares issued and outstanding at March 31, 2013 and December 31, 2012, respectively	207	207
Additional paid-in capital	261,249	259,009
Accumulated deficit	(39,911)	(35,987)
Total stockholders' equity	336,545	338,229
Noncontrolling interests	367,959	372,544
Total equity	704,504	710,773
Total liabilities and equity	$ 891,589	$ 845,332