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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2013
Dec. 31, 2012
Investments in real estate:    
Land $ 76,227 $ 85,868
Building and building improvements 668,580 596,405
Leasehold improvements 92,996 85,907
Total investments in real estate 837,803 768,180
Less: Accumulated depreciation and amortization (142,133) (105,433)
Net investment in operating properties 695,670 662,747
Construction in progress 157,200 61,328
Net investments in real estate 852,870 724,075
Cash and cash equivalents 702 8,130
Accounts and other receivables, net of allowance for doubtful accounts of $320 and $625 as of September 30, 2013, and December 31, 2012, respectively 11,095 9,901
Lease intangibles, net of accumulated amortization of $20,026 and $33,050 as of September 30, 2013, and December 31, 2012, respectively 12,460 19,453
Goodwill 41,191 41,191
Other assets 47,583 42,582
Total assets 965,901 845,332
Liabilities:    
Revolving credit facility 108,000  
Mortgage loans payable 58,625 59,750
Accounts payable and accrued expenses 75,248 50,624
Deferred rent payable 9,579 4,329
Acquired below-market lease contracts, net of accumulated amortization of $5,702 and $10,062 as of September 30, 2013, and December 2012, respectively 7,050 8,539
Prepaid rent and other liabilities 11,697 11,317
Total liabilities 270,199 134,559
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 September 30, 2013, and December 31, 2012 115,000 115,000
Common Stock, par value $0.01, 100,000,000 shares authorized and 21,412,432 and 21,202,673 shares issued and outstanding at September 30, 2013, and December 31, 2012, respectively 208 207
Additional paid-in capital 265,483 259,009
Distributions in excess of net income (45,953) (35,987)
Total stockholders' equity 334,738 338,229
Noncontrolling interests 360,964 372,544
Total equity 695,702 710,773
Total liabilities and equity $ 965,901 $ 845,332