XML 29 R43.htm IDEA: XBRL DOCUMENT v2.4.0.6
Summary of Significant Accounting Policies Summary of Significant Accounting Policies (Narrative) (Details) (USD $)
12 Months Ended 27 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2012
Aug. 01, 2012
Dec. 31, 2010
Oct. 14, 2010
Summary of Significant Accounting Policies [Line Items]            
Stock Issued During Period, Shares, Dividend Reinvestment Plan 2,700,000 0        
Stock Repurchase Program, Remaining Number of Shares Authorized to be Repurchased 35,180   35,180      
Number of Share Repurchase Requests 73 1 73      
Finite-Lived Intangible Assets, Gross   $ 21,777,000        
Period of Amortization for Intangible Asset 11 years 10 months 24 days          
Deferred Finance Costs, Current, Net 15,100,000 3,100,000 15,100,000      
Investment securities, at fair value 156,873,000 19,331,000 156,873,000   0 0
Amortization of intangible lease assets 7,901,000 244,000 0      
Accumulated Amortization, Finite-Lived Intangible Asset, Acquired-in-Place-Leases (11,183,000) (3,282,000) (11,183,000)      
Cash in excess of FDIC limit 154,800,000 18,500,000 154,800,000      
Finite-Lived Intangible Asset, Acquired-in-Place Leases, Net of Accumulated Amortization 199,776,000 18,495,000 199,776,000      
Finite-Lived Intangible Asset, Off-market Lease, Favorable, Gross 1,264,000 0 1,264,000      
Accumulated Amortization, Finite-Lived Intangible Asset, Off-Market Lease, Favorable (116,000) 0 (116,000)      
Off Market Leases, Unfavorable, Net of Accumulated Amortization 1,148,000 0 1,148,000      
Finite-Lived Intangible Assets, Net 200,924,000 18,495,000 200,924,000      
Deferred Costs, Leasing, Net 200,000 300,000 200,000      
Deferred Offering Costs 100,000   100,000      
Maximum Amount of Offering from Universal Shelf Registration Statement 500,000,000   500,000,000 500,000,000.0    
Common stock issued through distribution reinvestment plan 26,784,000 271,000 0      
Common Stock, Par or Stated Value Per Share $ 0.01 $ 0.01 $ 0.01      
Minimum [Member]
           
Summary of Significant Accounting Policies [Line Items]            
Real Estate Property, Weighted Average Remaining Lease Term 2 years          
Maximum [Member]
           
Summary of Significant Accounting Policies [Line Items]            
Real Estate Property, Weighted Average Remaining Lease Term 20 years          
Leases, Acquired-in-Place [Member]
           
Summary of Significant Accounting Policies [Line Items]            
Finite-Lived Intangible Assets, Gross 210,959,000   210,959,000      
Period of Amortization for Intangible Asset 11 years 10 months 24 days          
Above Market Leases [Member]
           
Summary of Significant Accounting Policies [Line Items]            
Period of Amortization for Intangible Asset 5 years          
One Year [Member] | Leases, Acquired-in-Place [Member]
           
Summary of Significant Accounting Policies [Line Items]            
Amortization of intangible lease assets 19,265,000          
One Year [Member] | Above Market Leases [Member]
           
Summary of Significant Accounting Policies [Line Items]            
Amortization of intangible lease assets 252,000          
Two Years [Member] | Leases, Acquired-in-Place [Member]
           
Summary of Significant Accounting Policies [Line Items]            
Amortization of intangible lease assets 19,234,000          
Two Years [Member] | Above Market Leases [Member]
           
Summary of Significant Accounting Policies [Line Items]            
Amortization of intangible lease assets 252,000          
Three Years [Member] | Leases, Acquired-in-Place [Member]
           
Summary of Significant Accounting Policies [Line Items]            
Amortization of intangible lease assets 18,855,000          
Three Years [Member] | Above Market Leases [Member]
           
Summary of Significant Accounting Policies [Line Items]            
Amortization of intangible lease assets 252,000          
Four Years [Member] | Leases, Acquired-in-Place [Member]
           
Summary of Significant Accounting Policies [Line Items]            
Amortization of intangible lease assets 18,586,000          
Four Years [Member] | Above Market Leases [Member]
           
Summary of Significant Accounting Policies [Line Items]            
Amortization of intangible lease assets 252,000          
Five Years [Member] | Leases, Acquired-in-Place [Member]
           
Summary of Significant Accounting Policies [Line Items]            
Amortization of intangible lease assets 18,049,000          
Five Years [Member] | Above Market Leases [Member]
           
Summary of Significant Accounting Policies [Line Items]            
Amortization of intangible lease assets 122,000          
Real Estate [Member] | Vacant [Member]
           
Summary of Significant Accounting Policies [Line Items]            
Number of Real Estate Properties 1 2 1      
Unfunded [Member]
           
Summary of Significant Accounting Policies [Line Items]            
Treasury Stock Acquired, Average Cost Per Share $ 9.86          
Funded [Member]
           
Summary of Significant Accounting Policies [Line Items]            
Number of Share Repurchase Requests 74   74      
Stock Repurchased During Period, Shares 179,104 2,375 181,479      
Treasury Stock Acquired, Average Cost Per Share $ 9.93 $ 10.00 $ 9.93      
Four Years [Member] | Minimum [Member]
           
Summary of Significant Accounting Policies [Line Items]            
Repurchase Price, Share Repurchase Program $ 10.00   $ 10.00      
Four Years [Member] | Maximum [Member]
           
Summary of Significant Accounting Policies [Line Items]            
Repurchase Price, Share Repurchase Program, Percentage of Value of Capital Paid 100.00%   100.00%      
Three Years [Member] | Minimum [Member]
           
Summary of Significant Accounting Policies [Line Items]            
Repurchase Price, Share Repurchase Program $ 9.75   $ 9.75      
Three Years [Member] | Maximum [Member]
           
Summary of Significant Accounting Policies [Line Items]            
Repurchase Price, Share Repurchase Program, Percentage of Value of Capital Paid 97.50%   97.50%      
Two Years [Member] | Minimum [Member]
           
Summary of Significant Accounting Policies [Line Items]            
Repurchase Price, Share Repurchase Program $ 9.50   $ 9.50      
Two Years [Member] | Maximum [Member]
           
Summary of Significant Accounting Policies [Line Items]            
Repurchase Price, Share Repurchase Program, Percentage of Value of Capital Paid 95.00%   95.00%      
One Year [Member] | Minimum [Member]
           
Summary of Significant Accounting Policies [Line Items]            
Repurchase Price, Share Repurchase Program $ 9.25   $ 9.25      
One Year [Member] | Maximum [Member]
           
Summary of Significant Accounting Policies [Line Items]            
Repurchase Price, Share Repurchase Program, Percentage of Value of Capital Paid 92.50%   92.50%      
Additional Paid-in Capital [Member]
           
Summary of Significant Accounting Policies [Line Items]            
Common stock issued through distribution reinvestment plan $ 26,757,000 $ 271,000        
Distribution Reinvestment Plan [Member]
           
Summary of Significant Accounting Policies [Line Items]            
Common Stock, Par or Stated Value Per Share $ 0.01   $ 0.01