XML 20 R56.htm IDEA: XBRL DOCUMENT v2.4.0.8
SEGMENT INFORMATION (Schedule of Segment Reporting Information, by Segment) (Details) (USD $)
In Thousands, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
segments
Sep. 30, 2012
Dec. 31, 2012
Dec. 31, 2011
Segment Reporting Information [Line Items]            
Number of reportable segments     2      
Revenues $ 23,475 $ 8,300 $ 53,517 $ 18,357    
Interest expense 3,084 1,030 6,449 2,680    
Total net operating income 9,328 3,301 21,330 7,716    
Assets 863,002   863,002   349,384  
Liabilities 448,109   448,109   137,359  
Cash and cash equivalents 139,615 46,979 139,615 46,979 23,518 37,179
Real Estate Segment [Member]
           
Segment Reporting Information [Line Items]            
Revenues 23,204 8,069 52,734 17,714    
Interest expense 3,065 1,007 6,354 2,599    
Total net operating income 9,083 3,094 20,625 7,143    
Assets 714,665   714,665   317,133  
Liabilities 444,829   444,829   135,082  
Real Estate-Related Segment [Member]
           
Segment Reporting Information [Line Items]            
Revenues 271 231 783 643    
Interest expense 0 0 0 0    
Total net operating income 245 207 705 573    
Assets 14,801   14,801   13,811  
Liabilities 8   8   2  
Operating Segments [Member]
           
Segment Reporting Information [Line Items]            
Interest expense 3,065 1,007 6,354 2,599    
Assets 729,466   729,466   330,944  
Liabilities 444,837   444,837   135,084  
Corporate-Level [Member]
           
Segment Reporting Information [Line Items]            
Interest expense 19 23 95 81    
Assets 133,536 [1]   133,536 [1]   18,440 [1]  
Liabilities 3,272 [2]   3,272 [2]   2,275 [2]  
Cash and cash equivalents $ 132,600   $ 132,600   $ 18,200  
[1] Total corporate-level assets consisted primarily of proceeds from the Offering being held in the form of cash and cash equivalents of approximately $132.6 million and $18.2 million as of September 30, 2013 and December 31, 2012, respectively.
[2] As of September 30, 2013 and December 31, 2012 corporate-level liabilities consisted primarily of distributions payable and accruals for general and administrative expenses.