Statements of Cash Flows (Unaudited) (USD $) In Thousands, unless otherwise specified	3 Months Ended
	Mar. 31, 2012	Mar. 31, 2011
Cash flows from operating activities:
Net income (loss)	$ 20,929	$ (1,369)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:
Depreciation	1,914	1,944
Amortization of loan costs	23	42
Gain from sale of discontinued operations	(22,314)	0
Loss on early extinguishment of debt	4	0
Change in accounts:
Receivables and deposits	163	11
Other assets	(112)	(124)
Accounts payable	117	(40)
Tenant security deposit liabilities	(100)	0
Accrued property taxes	23	182
Other liabilities	(180)	(33)
Due to affiliates	(942)	233
Net cash provided by (used in) operating activities	(475)	846
Cash flows from investing activities:
Insurance proceeds received	0	1
Property improvements and replacements	(433)	(118)
Proceeds from sale of discontinued operations	29,432	0
Net cash provided by (used in) investing activities	28,999	(117)
Cash flows from financing activities:
Payments on mortgage notes payable	(238)	(332)
Repayment of mortgage notes payable	(15,349)	0
Mortgage refinancing commitment fees	0	(651)
Repayment of advances from affiliate	(5,773)	(357)
Advances from affiliate	0	651
Net cash used in financing activities	(21,360)	(689)
Net increase in cash and cash equivalents	7,164	40
Cash and cash equivalents at beginning of period	453	231
Cash and cash equivalents at end of period	7,617	271
Supplemental disclosure of cash flow information:
Cash paid for interest	1,489	600
Supplemental disclosure of non-cash activity:
Property improvements and replacements included in accounts payable	$ 45	$ 0