CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (USD $) In Thousands, except Per Share data, unless otherwise specified	3 Months Ended		9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
REVENUES:
Rental and other property income	$ 59,305	$ 54,323	$ 179,931	$ 165,458
Expense reimbursements	3,345	2,590	8,342	7,637
Interest and other income	5,545	574	15,503	2,538
REVENUES	68,195	57,487	203,776	175,633
EXPENSES:
Rental and other property operating	30,996	25,872	91,021	75,825
Asset management fees and other fees to related parties	6,476	5,442	18,551	16,282
Interest	5,451	4,611	14,607	14,013
General and administrative	3,157	564	7,946	1,821
Transaction costs	46	2,619	546	4,013
Depreciation and amortization	17,677	16,620	51,592	51,290
EXPENSES	63,803	55,728	184,263	163,244
Bargain purchase gain (Note 2)			4,918
INCOME BEFORE PROVISION FOR INCOME TAXES	4,392	1,759	24,431	12,389
Provision for income taxes	(112)		(420)
NET INCOME	4,280	1,759	24,011	12,389
Net loss (income) attributable to noncontrolling interests	5	6	(108)	(103)
NET INCOME ATTRIBUTABLE TO STOCKHOLDERS	4,285	1,765	23,903	12,286
COMPREHENSIVE INCOME	$ 4,285	$ 1,765	$ 23,903	$ 12,286
NET INCOME PER SHARE:
Basic (in dollars per share)	$ 0.04	$ 0.02	$ 0.25	$ 0.13
Diluted (in dollars per share)	$ 0.04	$ 0.02	$ 0.25	$ 0.13
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING:
Basic (in shares)	97,582	95,440	97,035	95,440
Diluted (in shares)	97,583	95,440	97,039	95,440