Balance Sheets (USD $) In Thousands, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012
Real Estate Assets
Land	$ 30,601	$ 24,713
Buildings and improvements	728,230	622,506
Less: Accumulated depreciation	(137,725)	(102,900)
Total real estate assets	621,106	544,319
Construction in progress	146,904	87,609
Real Estate Assets, net	768,010	631,928
Cash and cash equivalents	5,210	8,232
Restricted cash		146
Rents and other receivables, net	14,434	11,943
Acquired intangibles, net	5,396	9,145
Deferred costs, net	19,150	15,062
Prepaid expenses	1,797	1,011
Other assets, net	17,359	7,976
TOTAL ASSETS	831,356	685,443
LIABILITIES
Mortgage notes payable	88,839	171,291
Secured credit facility		316,500
Unsecured credit facility	256,500
Capital lease obligations	2,538	2,491
Accounts payable and accrued liabilities	63,204	36,001
Dividends payable	8,965
Advance rents, security deposits and other liabilities	3,261	3,011
Deferred income	7,892	6,745
Derivative liability	453	767
Member advances and notes payable		26,958
TOTAL LIABILITIES	431,652	563,764
EQUITY
Common stock, $0.01 par value, 450,133,000 shares authorized, 28,864,145 shares issued and outstanding	289
Partners capital		121,679
Additional paid-in capital	318,834
Accumulated other comprehensive income (loss)	(357)
Accumulated deficit	(3,799)
Total stockholders' equity	314,967	121,679
Noncontrolling interests	84,737
TOTAL EQUITY	399,704	121,679
TOTAL LIABILITIES AND EQUITY	$ 831,356	$ 685,443