Earnings per Share

12 Months Ended

Dec. 31, 2012

Earnings Per Share [Abstract]

Earnings Per Share [Text Block]

8.    Earnings per Share

Basic earnings per share is computed by dividing net income (loss) attributable to common stockholders by the weighted average number of shares of our common stock outstanding during the period. All unvested stock-based payment awards are included in the computation of basic earnings per share. The computation of diluted earnings per share includes common stock issuable upon the conversion of OP Units and restricted OP Units and other potentially dilutive securities in the weighted average shares. Net income (loss) attributable to these noncontrolling interests is added back to net income (loss) available to common stockholders in the computation of diluted earnings per share.

Computations of basic and diluted income (loss) per share for the periods presented are as follows (in thousands, except per share data):

					October 19,
					2010
	Year Ended		Year Ended		Through
	December 31,		December 31,		December 31,
	2012		2011		2010
Basic earnings:
Net income (loss) attributable to common stockholders	$	6,638	$	3,730	$	(1,591	)
Diluted earnings:
Net income (loss) attributable to common stockholders	$	6,638	$	3,730	$	(1,591	)
Add: net income attributable tononcontrolling interests		46		51		-
Net income (loss) attributable to common stockholders and participating securities	$	6,684	$	3,781	$	(1,591	)
Weighted average common shares outstanding:
Basic		34,781		30,717		29,877
Incremental shares from assumedconversion — OP units		436		436		-
Diluted		35,217		31,153		29,877
Basic income (loss) per share	$	0.19	$	0.12	$	(0.05	)
Diluted income (loss) per share	$	0.19	$	0.12	$	(0.05	)