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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2012
Accounting Policies [Abstract]  
Schedule of Intangible Assets and Goodwill [Table Text Block]
Intangible lease assets of the Company consist of the following as of December 31, 2012 and 2011 (amounts in thousands):
 
 
December 31,
 
 
2012
 
2011
In-place leases, gross
 
$
210,959

 
$
21,777

Accumulated amortization on in-place leases
 
(11,183
)
 
(3,282
)
In-place leases, net of accumulated amortization
 
199,776

 
18,495


 
 
 
 
Above market leases, gross
 
1,264

 

Accumulated amortization on above market leases
 
(116
)
 

Above market leases, net of accumulated amortization
 
1,148

 

Total intangible lease assets, net
 
$
200,924

 
$
18,495

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]
The following table provides the weighted-average amortization period as of December 31, 2012 for intangible lease assets and the projected amortization expense and adjustments of rental income for the next five years of the Company (amounts in thousands):
 
 
Weighted-Average Amortization Period in Years
 
2013
 
2014
 
2015
 
2016
 
2017
In-place leases:
 
 
 
 
 
 
 
 
 
 
 
 
Total to be included in amortization expense
 
11.9
 
$
19,265

 
$
19,234

 
$
18,855

 
$
18,586

 
$
18,049

Above market leases:
 
 
 
 
 
 
 
 
 
 
 
 
Total to be included in rental income
 
5.0
 
$
252

 
$
252

 
$
252

 
$
252

 
$
122

Total intangible lease assets
 
11.9