Student Housing Properties

12 Months Ended

Dec. 31, 2012

Real Estate [Abstract]

Real Estate Disclosure [Text Block]

3.    Student Housing Properties

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

Other assets includes approximately $3.1 million and $0.5 million, net of accumulated depreciation, related to corporate leasehold improvements and furniture, fixtures and equipment at December 31, 2012 and 2011, respectively. Depreciation expense related to other assets was $0.3 million, $0.3 million, $0.1 million and $0.2 million for the years ended December 31, 2012 and 2011, the period from October 19, 2010 through December 31, 2010, and the period from January 1, 2010 through October 18, 2010, respectively.