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CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2012
Dec. 31, 2011
Real estate investments, at cost:    
Land $ 25,831 $ 18,489
Buildings, fixtures and improvements 163,897 107,340
Acquired intangible lease assets 20,295 11,044
Total real estate investments, at cost 210,023 136,873
Less: accumulated depreciation and amortization (18,092) (14,841)
Total real estate investments, net 191,931 122,032
Cash and cash equivalents 2,107 3,148
Prepaid expenses and other assets 2,501 1,798
Deferred costs, net 3,215 2,785
Assets held for sale, net 1,412 1,818
Total assets 201,166 131,581
LIABILITIES AND EQUITY    
Mortgage notes payable 30,260 30,260
Senior secured revolving credit facility 74,893 42,407
Accounts payable and accrued expenses 1,656 858
Deferred rent 695 724
Total liabilities 107,504 74,249
Common stock, $0.01 par value, 240,000,000 shares authorized, 7,323,434 shares issued and outstanding at March 31, 2012 and December 31, 2011, respectively 107 73
Additional paid-in capital 93,703 57,582
Accumulated other comprehensive loss (13) 0
Accumulated deficit (9,915) (4,025)
Total stockholders' equity 83,887 53,630
Non-controlling interest 9,775 3,702
Total equity 93,662 57,332
Total liabilities and equity 201,166 131,581
Series A Preferred Stock [Member]
   
LIABILITIES AND EQUITY    
Series A Convertible Preferred Stock, $0.01 par value, 545,454 and 0 shares (liquidation preference $11.00 per share) authorized, issued and outstanding at June 30, 2012 and December 31, 2011, respectively $ 5 $ 0