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Discontinued Operations and Properties Held for Sale
3 Months Ended
Mar. 31, 2013
Discontinued Operations and Disposal Groups [Abstract]  
Discontinued Operations and Properties Held for Sale
Discontinued Operations and Properties Held for Sale
The Company separately classifies properties held for sale in the accompanying consolidated balance sheets and operating results for those properties as discontinued operations in the accompanying consolidated statements of operations and comprehensive loss. In the normal course of business, changes in the market may compel the Company to decide to classify a property as held for sale or reclassify a property that is designated as held for sale back to held for investment. In these situations, the property is transferred to held for sale or back to held for investment at the lesser of fair value or depreciated cost. As of March 31, 2013 and December 31, 2012, the Company held one vacant property which was classified as held for sale on the accompanying respective consolidated balance sheets.