CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$ 11,217,000	$ 5,822,000
Adjustments to reconcile net income to net cash provided by operating activities:
Deferred rent	(480,000)	(1,709,000)
Depreciation and amortization	16,629,000	17,137,000
Bargain purchase gain	(4,918,000)
Amortization of above- and below-market rent	(311,000)	(596,000)
Amortization of below-market ground lease	35,000	35,000
Straight line rent - below-market ground lease	294,000	294,000
Amortization of lease inducement	241,000	93,000
Amortization of deferred loan costs	326,000	151,000
Amortization of premiums and discounts on assumed mortgages payable	(206,000)	(201,000)
Amortization of tax abatement	138,000	138,000
Bad debt expense	118,000	421,000
Impairment losses	17,000
Amortization and accretion on notes receivable, net	(313,000)
Capitalized loan origination costs	(9,000)
Loans funded, held for sale	(1,193,000)
Principal collected on loans	89,000
Changes in operating assets and liabilities:
Accounts receivable and interest receivable	(22,000)	(2,676,000)
Other assets	(2,269,000)	(3,617,000)
Accounts payable and accrued expenses	(5,894,000)	(2,246,000)
Deferred leasing costs	(2,724,000)	(891,000)
Other liabilities	367,000	411,000
Due to related parties	896,000	523,000
Net cash provided by operating activities	12,028,000	13,089,000
CASH FLOWS FROM INVESTING ACTIVITIES:
Additions to investments in real estate	(7,225,000)	(5,078,000)
Loans funded	(400,000)
Cash and cash equivalents acquired in connection with the merger	3,185,000
Principal collected on loans	2,154,000
Restricted cash	1,128,000	985,000
Other	22,000
Net cash used in investing activities	(1,136,000)	(4,093,000)
CASH FLOWS FROM FINANCING ACTIVITIES:
Payment of mortgages payable	(1,603,000)	(2,137,000)
Proceeds from unsecured revolving lines of credit, revolving credit facility and term note, net	76,700,000	10,000,000
Payment of principal on secured borrowings - government guaranteed loans	(89,000)
Payment of deferred loan costs	(225,000)	(8,000)
Payment of dividends	(2,946,000)
Payment of dividends assumed in acquisition	(59,286,000)
Distributions pre-merger	(16,100,000)	(20,002,000)
Noncontrolling interests distributions	(33,000)	(35,000)
Net cash used in financing activities	(3,582,000)	(12,182,000)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	7,310,000	(3,186,000)
CASH AND CASH EQUIVALENTS:
Beginning of period	16,796,000	31,514,000
End of period	24,106,000	28,328,000
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION - Cash paid during the period for interest	4,742,000	4,740,000
SUPPLEMENTAL DISCLOSURE OF NONCASH INVESTING AND FINANCING ACTIVITIES - Additions to investments in real estate included in accounts payable and accrued expenses	3,018,000	3,493,000
Additions to deferred loan costs included in accounts payable and accrued expenses	$ 55,000