CONCENTRATIONS (Tables)

3 Months Ended

Mar. 31, 2015

Revenues

Concentrations

Schedule of concentration risk from properties

	March 31,
	2015			2014
California		62.5	%		60.2	%
Washington, D.C.		23.8			24.7
Texas		7.5			7.7
North Carolina		4.6			5.3
New York		1.6			2.1
		100.0	%		100.0	%

Real estate investments

Concentrations

Schedule of concentration risk from properties

	March 31, 2015			December 31, 2014
California		52.4	%		52.3	%
Washington, D.C.		31.2			31.2
Texas		7.4			7.4
North Carolina		5.4			5.5
New York		3.6			3.6
		100.0	%		100.0	%