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Student Housing Properties (Tables)
12 Months Ended
Dec. 31, 2012
Real Estate [Abstract]  
Schedule Of Student Housing Properties Net [Table Text Block]

The following is a summary of our student housing properties, net for the periods presented (in thousands):

 

    As of December 31,  
    2012     2011  
             
Land   $ 53,984     $ 37,646  
Buildings and improvements     552,984       423,238  
Furniture, fixtures and equipment     62,419       51,343  
      669,387       512,227  
                 
Less: accumulated depreciation     (97,820 )     (76,164 )
    $ 571,567     $ 436,063