CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Cash flows from operating activities:
Net income (loss)	$ (65,000)	$ 3,122,000
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:
Net gain on disposal of real estate	(9,000)	(4,783,000)
Loss on extinguishment of debt	1,000	233,000
Equity in (income) loss of unconsolidated joint ventures	(26,000)	129,000
Straight-line rent	(26,000)	(30,000)
Amortization of deferred costs and notes payable premium/discount	120,000	127,000
Depreciation and amortization	870,000	1,868,000
Amortization of above and below-market leases	(47,000)	(15,000)
Bad debt expense	3,000	11,000
Changes in operating assets and liabilities:
Prepaid expenses and other assets	189,000	83,000
Tenant receivables	476,000	(227,000)
Accounts payable and accrued expenses	347,000	(635,000)
Amounts due to affiliates	135,000	62,000
Other liabilities	(389,000)	216,000
Net change in restricted cash for operational expenditures	166,000	(849,000)
Net cash provided by (used in) operating activities	1,745,000	(688,000)
Cash flows from investing activities:
Net proceeds from the sale of real estate	9,000	53,136,000
Investment in properties under development and costs of development	(27,280,000)	0
Improvements, capital expenditures, and leasing costs	(42,000)	(480,000)
Investments in unconsolidated joint ventures	0	(4,555,000)
Issuance of note receivable	0	(7,000,000)
Distributions from unconsolidated joint ventures	283,000	0
Net change in restricted cash from investments in consolidated variable interest entities	(3,458,000)	0
Net change in restricted cash for capital expenditures	(40,000)	(147,000)
Net cash provided by (used in) investing activities	(30,528,000)	40,954,000
Cash flows from financing activities:
Redemption of member interests	0	(2,102,000)
Redemption of common shares	(202,000)	0
Quartertly distributions	(688,000)	(747,000)
Proceeds from notes and loan payable	25,200,000	0
Payment of loan fees and financing costs	(712,000)	0
Repayment of notes payable	(194,000)	(36,663,000)
Net cash provided by (used in) financing activities	23,404,000	(39,512,000)
Net increase (decrease) in cash and cash equivalents	(5,379,000)	754,000
Cash and cash equivalents - beginning of period	8,793,000	3,211,000
Cash and cash equivalents - end of period	3,414,000	3,965,000
Supplemental disclosure of non-cash investing and financing activities:
Distributions declared but not paid	0	685,000
Cash paid for interest, net of amounts capitalized	$ 490,000	$ 2,426,000