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Student Housing Properties (Details) (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2013
Dec. 31, 2012
Land $ 64,302 $ 53,984
Buildings and improvements 641,796 552,984
Furniture, fixtures and equipment 65,369 62,419
Student housing properties 771,467 669,387
Less: accumulated depreciation (115,817) (97,820)
Investment in real estate, net $ 655,650 $ 571,567