Related Party Transactions and Arrangements (Tables)

12 Months Ended

Dec. 31, 2012

Schedule of Selling Commissions and Dealer Manager Fees Payable to Affiliate [Table Text Block]

The following table details the results of such activities related to RCS (amounts in thousands):



	Year Ended December 31,
	2012			2011
Total commissions and fees paid to affiliated Dealer Manager	$	14	⁽¹⁾	$	1,601

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(1)	In connection with the Company's follow-on offering in June 2012, the underwriters paid RCS a fee of $13,500 for providing advisory services to the Company.

Schedule Of Offering Costs Reimbursements to Related Party [Table Text Block]

The Company reimbursed the Manager for services relating to the IPO and the follow-on offerings. The following table details the results of such activities related to offering costs reimbursed to the Manager (amounts in thousands):



	Year Ended December 31,
	2012		2011
Offering expense reimbursements	$	183	$	—

Schedule of Amount Contractually Due and Forgiven in Connection With Operation Related Services [Table Text Block]

The following table details amounts incurred by the Company and contractually due to the Sponsor and the Manager and forgiven in connection with the operations related services described above (amounts in thousands):



	Year Ended December 31,								Payable as of
	2012				2011				December 31,
	Incurred		Forgiven		Incurred		Forgiven		2012		2011
One-time fees:
Acquisition fees and related cost reimbursements	$	2,353	$	—	$	400	$	—	$	364	$	—
Financing fees and related cost reimbursements	845		—		131		—		—		—
Other expense reimbursements	132		—		135		—		18		—
On-going fees:
Base management fees	975		975		202		202		—		—
Incentive fees	771		771		—		—		—		—
Total operational fees and reimbursements	$	5,076	$	1,746	$	868	$	202	$	382	$	—

Schedule of General and Administrative Expenses Absorbed by Affiliate [Table Text Block]

The following table details general and administrative expenses absorbed by the Sponsor and paid to the Company during the years ended December 31, 2012 and 2011 (amounts in thousands):



	Year Ended December 31,				Receivable as of December 31,
	2012		2011		2012		2011
General and administrative expenses absorbed	$	164	$	—	$	—	$	—