CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS (USD $)	3 Months Ended		6 Months Ended
	Jun. 30, 2012	Jun. 30, 2011	Jun. 30, 2012	Jun. 30, 2011
Revenues:
Rental income	$ 3,304,000	$ 0	$ 6,206,000	$ 0
Operating expense reimbursements	44,000	0	86,000	0
Total revenues	3,348,000	0	6,292,000	0
Operating expenses:
Acquisition and transaction related	2,136,000	0	2,478,000	0
Property operating	121,000	0	240,000	0
General and administrative	495,000	0	913,000	16,000
Depreciation and amortization	1,755,000	0	3,274,000	0
Total operating expenses	4,507,000	0	6,905,000	16,000
Operating loss	(1,159,000)	0	(613,000)	(16,000)
Other income (expense):
Interest expense	(883,000)	0	(1,737,000)	0
Loss from continuing operations	(2,042,000)	0	(2,350,000)	(16,000)
Net loss from continuing operations attributable to non-controlling interests	79,000	0	79,000	0
Net loss from continuing operations attributable to stockholders	(1,963,000)	0	(2,271,000)	(16,000)
Discontinued operations:
Loss from operations of held for sale properties	(2,000)	0	(15,000)	0
Loss on held for sale properties	(82,000)	0	(405,000)	0
Loss from discontinued operations	(84,000)	0	(420,000)	0
Loss from discontinued operations attributable to non-controlling interests	7,000	0	(21,000)	0
Loss from discontinued operations attributable to stockholders	(77,000)	0	(399,000)	0
Net loss	(2,126,000)	0	(2,770,000)	(16,000)
Net loss attributable to non-controlling interests	86,000	0	100,000	0
Net loss attributable to common stockholders, net of distributions	(2,040,000)	0	(2,670,000)	(16,000)
Comprehensive loss	(13,000)	0	(13,000)	0.00
Comprehensive loss	$ (2,053,000)	$ 0	$ (2,683,000)	$ (16,000)
Basic and diluted net loss per share from continuing operations attributable to common stockholders	$ (0.27)	$ 0.00	$ (0.32)
Basic and diluted net loss per share attributable to common stockholders	$ (0.28)		$ (0.37)