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Common Shares (Tables)
12 Months Ended
Dec. 31, 2012
Preferred Equity Investments/Common Shares/Common Share Options [Abstract]  
Sales of Common Shares
                     

Date of Issuance /

Repurchase

  Number of Shares Issued  /
Repurchased
    Price per Share     Type of Offering

January 15, 2009

    61,292     $ 10.85     DRIP (1)

April 15, 2009

    7,462     $ 8.27     DRIP

July 15, 2009

    37,982     $ 8.72     DRIP

October 15, 2009

    63,471     $ 8.96     DRIP

November 27, 2009

    4,450,781     $ 9.05     Rights Offering (2)

January 15, 2010

    47,385     $ 12.73     DRIP

April 15, 2010

    44,181     $ 13.75     DRIP

July 15, 2010

    50,439     $ 12.15     DRIP

September 27, 2010

    5,750,000     $ 12.25  (3)    Public Offering

October 15, 2010

    48,398     $ 12.53     DRIP

January 15, 2011

    58,161     $ 11.70     DRIP

April 6, 2011

    5,750,000     $ 11.25  (3)    Public Offering

April 15, 2011

    59,207     $ 11.63     DRIP

July 15, 2011

    61,224     $ 11.35     DRIP

October 17, 2011

    82,256     $ 8.46     DRIP

January 17, 2012

    12,468     $ 10.67     DRIP

April 16, 2012

    12,778     $ 10.60     DRIP

July 16, 2012

    10,767     $ 11.96     DRIP

October 15, 2012

    11,704     $ 10.24     DRIP
       

December 1, 2012

    (70,040   $ 10.60     Share Repurchase

 

  (1) The Trust’s Dividend Reinvestment and Stock Purchase Plan.
  (2) Rights offering pursuant to which each holder of Common Shares and Series B-1 Preferred Shares received one basic subscription right for every three and one-half Common Shares owned, or in the case of Series B-1 Preferred Shares, one basic subscription right for every three and one-half Common Shares issuable upon conversion of such Series B-1 Preferred Shares.
  (3) Before underwriting discount.