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Condensed Consolidated and Combined Statements of Operations (USD $)
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2013
Revenues:    
Rental revenues $ 2,920,000 $ 7,952,000
Expense recoveries 798,000 2,399,000
Other revenues (5,000)  
Total revenues 3,713,000 10,351,000
Expenses:    
Management fees   475,000
General and administrative 1,285,000 1,507,000
Operating expenses 1,130,000 3,578,000
Depreciation and amortization 1,146,000 3,123,000
Loss on sale of property under development 2,000 2,000
Acquisition expenses 756,000 756,000
Total expenses 4,319,000 9,441,000
Operating (loss)/income (606,000) 910,000
Other expense/(income)    
Interest expense 826,000 3,114,000
Change in fair value of derivatives, net (16,000) (206,000)
Net loss from continuing operations (1,416,000) (1,998,000)
Discontinued Operations:    
Net (loss)/income (1,416,000) (1,998,000)
Less: Net (income)/loss attributable to Predecessor (6,000) 576,000
Less: Net loss attributable to noncontrolling interests 262,000 262,000
Net loss attributable to common shareholders $ (1,160,000) $ (1,160,000)
Net loss per share:    
Basic and diluted (in dollars per share) $ (0.10) $ (0.10)
Weighted average common shares:    
Basic and diluted (in shares) 11,486,011 11,486,011
Dividends/distributions declared per common share and unit (in dollars per share) $ 0.18 $ 0.18