CONSOLIDATED AND COMBINED STATEMENTS OF CASH FLOWS (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Dec. 31, 2012 Campus Crest Communities, Inc.		Dec. 31, 2011 Campus Crest Communities, Inc.	Dec. 31, 2010 Campus Crest Communities, Inc. and Campus Crest Communities Predecessor
Operating activities:
Net income (loss)	$ 10,798		$ 3,781	$ (22,257)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:
Depreciation and amortization	23,837		20,090	18,847
Amortization of deferred financing costs	2,838		1,338	2,443
Accretion of interest expense	0		0	5,043
Gain on purchase of previously unconsolidated entities	(6,554)		(3,159)	(577)
Loss on disposal of assets	154		66	50
Provision for bad debts	1,728		1,566	1,215
Write-off of pre-development costs	0		0	537
Change in non-cash portion of fair value of unhedged derivatives	0		(337)	(5,141)
Equity in (earnings) loss of unconsolidated entities	(361)	[1]	1,164	422
Distributions of accumulated earnings from unconsolidated entities	766		0	0
Share-based compensation expense	1,194		265	35
Changes in operating assets and liabilities:
Restricted cash	(736)		810	72
Student receivables	(2,492)		(1,776)	(1,592)
Construction billings	(10,967)		(8,765)	1,083
Accounts payable and accrued expenses	11,868		6,529	(7,467)
Other	(2,603)		1,198	364
Net cash provided by (used in) operating activities	29,470		22,770	(6,923)
Investing activities:
Investments in development in process	(104,051)		(107,328)	(19,737)
Investments in student housing properties	(7,116)		(3,807)	(5,811)
Acquisition of previously unconsolidated entities	(15,352)		(13,510)	(24,171)
Investments in unconsolidated entities	(7,363)		(12,395)	(10,151)
Capital distributions from unconsolidated entities	3,355		10,499	0
Purchase of corporate fixed assets	(1,855)		(375)	(61)
Change in restricted cash	(671)		0	0
Net cash used in investing activities	(133,053)		(126,916)	(59,931)
Financing activities:
Proceeds from mortgage and construction loans	97,220		126,156	497
Repayments of mortgage and construction loans	(93,096)		(28,846)	(268,759)
Proceeds from line of credit and other debt	59,400		83,000	71,040
Repayments of line of credit and other debt	(66,077)		(46,000)	(50,674)
Proceeds from related party loans	0		0	3,021
Debt issuance costs	(1,219)		(2,404)	(4,538)
Contributions from owner of Predecessor	0		0	2,133
Contributions from noncontrolling interests of Predecessor	0		0	1,033
Dividends paid to common and preferred stockholders	(24,184)		(18,636)	0
Dividends to noncontrolling interests	(281)		(265)	0
Distributions to Predecessor	0		0	(6,383)
Distributions to noncontrolling interests of Predecessor	0		0	(3,147)
Proceeds from sale of preferred stock	57,500		0	0
Proceeds from sale of common stock	75,573		0	382,292
Payment of offering costs	(6,018)		(451)	(31,721)
Purchase of noncontrolling interests of Predecessor	0		0	(28,515)
Net cash provided by financing activities	98,818		112,554	66,279
Net change in cash and cash equivalents	(4,765)		8,408	(575)
Cash and cash equivalents at beginning of period	10,735		2,327	2,902
Cash and cash equivalents at end of period	5,970		10,735	2,327
Supplemental disclosure of cash flow information:
Cash paid for interest, net of amounts capitalized	8,617		7,247	22,109
Cash paid for income taxes	571		44	0
Non-cash investing and financing activity:
Change in payables related to dividends to common and preferred stockholders and noncontrolling interest	2,205		1,028	3,955
Change in payables related to capital expenditures	637		8,276	(1,858)
Assumption of mortgage debt related to purchase of previously unconsolidated entities	27,299		28,764	0
Assumption of bonds related to land purchase	0		2,552	0
Issuance of operating partnership units in exchange for noncontrolling interests of Predecessor	0		0	3,570
Change in fair value of derivative instruments, net	0		0	(172)
Conversion of costs and earnings in excess of construction billings to investment in unconsolidated entities	898		0	1,028
Contribution of land to investment in unconsolidated entities	3,347		11,730	0
Common and preferred stock dividends declared but not paid	$ 7,197		$ 4,983	$ 3,955

[1] Amount differs from net loss multiplied by our ownership percentage due to the amortization of the aggregate difference between our historical cost basis and our basis reflected at the entity level, elimination of management fees, and income on preferred investments.