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CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2013
Dec. 31, 2012
Real estate investments, at cost:    
Land $ 488 $ 519
Buildings, fixtures and improvements 1,138 1,210
Acquired intangible lease assets 805 856
Total real estate investments, at cost 2,431 2,585
Less accumulated depreciation and amortization (70) (30)
Total real estate investments, net 2,361 2,555
Cash 6,359 262
Derivative, at fair value 73 0
Receivable for sale of common stock 396 0
Prepaid expenses and other assets 28 76
Deferred costs, net 32 40
Total assets 9,249 2,933
LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)    
Mortgage notes payable 1,155 1,228
Derivatives, at fair value 22 53
Accounts payable and accrued expenses 2,465 2,433
Deferred rent and other liabilities 49 0
Distributions payable 46 15
Total liabilities 3,737 3,729
Preferred stock, $0.01 par value, 50,000,000 authorized, none issued and outstanding 0 0
Common stock, $0.01 par value, 300,000,000 shares authorized, 1,028,161 and 256,500 shares issued and outstanding at March 31, 2013 and December 31, 2012, respectively 10 3
Additional paid-in capital 6,048 (311)
Accumulated other comprehensive loss (19) (43)
Accumulated deficit (527) (445)
Total stockholders' equity (deficit) 5,512 (796)
Total liabilities and stockholders' equity (deficit) $ 9,249 $ 2,933