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CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2012
Dec. 31, 2011
Real estate investments, at cost:    
Land $ 28,717 $ 18,489
Buildings, fixtures and improvements 182,700 107,340
Acquired intangible lease assets 24,306 11,044
Total real estate investments, at cost 235,723 136,873
Less: accumulated depreciation and amortization (20,954) (14,841)
Total real estate investments, net 214,769 122,032
Cash and cash equivalents 3,779 3,148
Prepaid expenses and other assets 3,015 1,798
Deferred costs, net 4,204 2,785
Assets held for sale, net 812 1,818
Total assets 226,579 131,581
LIABILITIES AND EQUITY    
Mortgage notes payable 35,760 30,260
Senior secured revolving credit facility 91,090 42,407
Accounts payable and accrued expenses 1,276 858
Deferred rent 803 724
Total liabilities 128,929 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 112 73
Additional paid-in capital 101,325 57,582
Accumulated other comprehensive loss (13) 0
Accumulated deficit (13,295) (4,025)
Total stockholders' equity 88,137 53,630
Non-controlling interest 9,513 3,702
Total equity 97,650 57,332
Total liabilities and equity 226,579 131,581
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
Series B 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 $ 3 $ 0