Property Acquisitions (Tables)

12 Months Ended

Dec. 31, 2012

Business Combinations [Abstract]

Schedule of Purchase Price Allocation [Table Text Block]

The following table is an allocation of the purchase price for The Grove at Moscow and The Grove at Valdosta (in thousands):

Land	$	3,401
In-place leases		388
Buildings and improvements		49,911
Furniture and fixtures		1,708
Other		974
Debt repaid at time of purchase		(27,299	)
		29,083
Less estimated fair value of interest owned prior to acquisition		(12,320	)
	$	16,763

          The following table is an allocation of the purchase price for The Grove at Huntsville and The Grove at Statesboro (in thousands):

Land	$	4,008
In-place leases		913
Buildings and improvements		43,446
Furniture and fixtures		1,633
Other		410
Debt repaid at time of purchase		(28,764	)
		21,646
Less estimated fair value of interest owned prior to acquisition		(8,042	)
	$	13,604