Related Party Transactions and Arrangements (Tables)

9 Months Ended

Sep. 30, 2012

Related Party Transactions and Arrangements [Abstract]

Schedule of selling commissions and Dealer Manager fees payable to Affiliate

Three Months Ended					Nine Months Ended
	September 30, 2012		September 30, 2011			September 30, 2012		September 30, 2011
Total commissions paid to affiliated Dealer Manager	$	-	$	919		$	-	$	919

Schedule of offering costs reimbursements and fees to related party

Three Months Ended					Nine Months Ended
	September 30, 2012		September 30, 2011			September 30, 2012		September 30, 2011
Offering expense reimbursements	$	59	$	-		$	109	$	-

Schedule of amount contractually due and forgiven in connection with operation related services

	Three Months Ended September 30, 2012					Three Months Ended September 30, 2011
		Incurred		Forgiven			Incurred		Forgiven
One-time fees:
Acquisition fees and related cost reimbursements		$	441	$	-		$	-	$	-
Financing fees and related cost reimbursements			369		-			-		-
Other expense reimbursements			45		-			-		-
On-going fees:
Base management fees			-		278			-		50
Incentive fees			-		-			-		-
Total operational fees and reimbursements		$	855	$	278		$	-	$	50

	Nine Months Ended September 30, 2012				Nine Months Ended September 30, 2011
	Incurred		Forgiven		Incurred		Forgiven
One-time fees:
Acquisition fees and related cost reimbursements	$	1,703	$	-	$	-	$	-
Financing fees and related cost reimbursements		583		-		-		-
Other expense reimbursements		71		-		-		-
On-going fees:
Base management fees		-		664		-		50
Incentive fees		-		-		-		-
Total operational fees and reimbursements	$	2,357	$	664	$	-	$	50

Schedule of general and administrative expenses absorbed by Affiliate

	Three months ended September 30, 2012			Nine months ended September 30, 2012
General and administrative expenses absorbed		$	-		$	164