Balance Sheets (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2013
Dec. 31, 2012
Real Estate Assets    
Land $ 30,601 $ 24,713
Buildings and improvements 728,230 622,506
Less: Accumulated depreciation (137,725) (102,900)
Total real estate assets 621,106 544,319
Construction in progress 146,904 87,609
Real Estate Assets, net 768,010 631,928
Cash and cash equivalents 5,210 8,232
Restricted cash   146
Rents and other receivables, net 14,434 11,943
Acquired intangibles, net 5,396 9,145
Deferred costs, net 19,150 15,062
Prepaid expenses 1,797 1,011
Other assets, net 17,359 7,976
TOTAL ASSETS 831,356 685,443
LIABILITIES    
Mortgage notes payable 88,839 171,291
Secured credit facility   316,500
Unsecured credit facility 256,500  
Capital lease obligations 2,538 2,491
Accounts payable and accrued liabilities 63,204 36,001
Dividends payable 8,965  
Advance rents, security deposits and other liabilities 3,261 3,011
Deferred income 7,892 6,745
Derivative liability 453 767
Member advances and notes payable   26,958
TOTAL LIABILITIES 431,652 563,764
EQUITY    
Common stock, $0.01 par value, 450,133,000 shares authorized, 28,864,145 shares issued and outstanding 289  
Partners capital   121,679
Additional paid-in capital 318,834  
Accumulated other comprehensive income (loss) (357)  
Accumulated deficit (3,799)  
Total stockholders' equity 314,967 121,679
Noncontrolling interests 84,737  
TOTAL EQUITY 399,704 121,679
TOTAL LIABILITIES AND EQUITY $ 831,356 $ 685,443