Investment in Unconsolidated Entity and Other Assets (Tables)

12 Months Ended

Dec. 31, 2012

JOINT VENTURE [Abstract]

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Table Text Block]

Investment in the unconsolidated entity and other assets consist of the following (in thousands):

	As of December 31,
	2012		2011
Equity interest in unconsolidated entity	$	8,353	$	—
Loan costs and prepaid expenses	2,004		1,391
Accounts receivable and others assets	1,815		1,236
	$	12,172	$	2,627

Equity Method Investments Financial Information [Table Text Block]

Unaudited summary financial information for OpCo is presented below (in thousands):

Operations for the three months ended December 31, 2012:
Revenues	$	6,335
Operating expenses, including management fees	(4,345		)
Lease Expenses	(1,937		)
Net Income	$	53
Summary balance sheet data at December 31, 2012:
Cash and other assets	$	3,760
Furniture and equipment	$	532
Accounts payable and accrued expenses	$	3,008
Lease payable	$	44
Straight-line rent liability	$	1,983