Mortgage Notes Payable (Tables)

9 Months Ended

Sep. 30, 2012

Notes Payable [Abstract]

Schedule of Mortgage Notes Payable

Encumbered Properties		Outstanding Loan Amount			Weighted Average Effective Interest Rate(1)		Weighted Average Maturity(2)
September 30, 2012	29		$	35,760		4.52	%	3.77
December 31, 2011	28		$	30,260		4.67	%	4.32

(1) Mortgage notes payable have fixed rates. Effective interest rates range from 3.68% to 5.32% at September 30, 2012 and 3.80% to 5.32% at December 31, 2011.

(2) Weighted average remaining years until maturity as of September 30, 2012 and December 31, 2011, respectively.

Schedule of Aggregate Principal Payments of Mortgages

	Total
October 1, 2012 - December 31, 2012	$	-
2013		74
2014		189
2015		13,767
2016		11,760
Thereafter		9,970
Total	$	35,760