Summit Healthcare REIT 10-K 31 Mar 14 2013 FY Annual report Financial data

Document_And_Entity_Informatio

Document And Entity Information (USD $)	12 Months Ended
	Dec. 31, 2013	Mar. 31, 2014	Jun. 30, 2013
Document Information [Line Items]	'	'	'
Entity Registrant Name	'Summit Healthcare REIT, Inc	'	'
Entity Central Index Key	'0001310383	'	'
Current Fiscal Year End Date	'--12-31	'	'
Entity Filer Category	'Smaller Reporting Company	'	'
Entity Common Stock, Shares Outstanding	'	23,028,285	'
Document Type	'10-K	'	'
Amendment Flag	'false	'	'
Document Period End Date	31-Dec-13	'	'
Document Fiscal Period Focus	'FY	'	'
Document Fiscal Year Focus	'2013	'	'
Entity Well-known Seasoned Issuer	'No	'	'
Entity Voluntary Filers	'No	'	'
Entity Current Reporting Status	'Yes	'	'
Entity Public Float	'	'	$0

CONSOLIDATED_BALANCE_SHEETS

CONSOLIDATED BALANCE SHEETS (USD $)	Dec. 31, 2013	Dec. 31, 2012
ASSETS	'	'
Cash and cash equivalents	$10,538,000	$999,000
Real estate properties (certain assets held in variable interest entity See Note 5):	'	'
Notes receivable	208,000	908,000
Deferred costs and deposits	114,000	0
Deferred financing costs, net	1,023,000	690,000
Receivable from related parties	0	7,000
Tenant and other receivables, net	1,173,000	512,000
Restricted cash	646,000	325,000
Deferred leasing commission, net	2,389,000	1,340,000
Other assets, net	299,000	296,000
Real estate held for sale, net	0	42,963,000
Non-real estate assets associated with real estate held for sale	0	1,888,000
Total assets	96,003,000	93,992,000
LIABILITIES AND STOCKHOLDERS EQUITY	'	'
Accounts payable and accrued liabilities	972,000	511,000
Payable to related parties	175,000	136,000
Prepaid rent and deferred revenue	32,000	72,000
Security deposit	1,774,000	852,000
Liabilities associated with real estate held for sale	0	22,762,000
Liabilities (certain liabilities held in variable interest entity See Note 5):	'	'
Total liabilities	58,541,000	55,235,000
Commitments and contingencies (Note 15)	'	'
Preferred stock, $0.001 par value; 10,000,000 shares authorized; no shares issued or outstanding at December 31, 2013 and December 31, 2012	'	0
Common stock, $0.001 par value; 290,000,000 shares authorized; 23,028,285 shares issued and outstanding at December 31, 2013 and December 31, 2012.	23,000	23,000
Additional paid-in capital	117,226,000	117,226,000
Accumulated deficit	-77,096,000	-76,206,000
Total stockholders’ equity	40,153,000	41,043,000
Noncontrolling interest	-2,691,000	-2,286,000
Total equity	37,462,000	38,757,000
Total liabilities and equity	96,003,000	93,992,000
Variable Interest Entity [Member]	'	'
Real estate properties (certain assets held in variable interest entity See Note 5):	'	'
Land	6,502,000	4,521,000
Buildings and improvements, net	52,749,000	23,093,000
Furniture and fixtures, net	5,454,000	2,750,000
Intangible lease assets, net	3,823,000	2,650,000
Certificate of need (license)	6,786,000	6,786,000
Real estate properties, net	75,314,000	39,800,000
Assets of variable interest entity held for sale	4,299,000	4,264,000
Liabilities (certain liabilities held in variable interest entity See Note 5):	'	'
Loans payable	52,819,000	28,450,000
Liabilities of variable interest entity held for sale	$2,769,000	$2,452,000

CONSOLIDATED_BALANCE_SHEETS_Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) (USD $)	Dec. 31, 2013	Dec. 31, 2012
Preferred stock, par value (in dollars per share)	$0.00	$0.00
Preferred stock, shares authorized	10,000,000	10,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value (in dollars per share)	$0.00	$0.00
Common stock, shares authorized	290,000,000	290,000,000
Common stock, shares issued	23,028,285	23,028,285
Common stock, shares outstanding	23,028,285	23,028,285

CONSOLIDATED_STATEMENTS_OF_OPE

CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Revenues:	'	'
Rental revenues	$6,120,000	$1,222,000
Tenant reimbursements and other income	566,000	65,000
Interest income from notes receivable	50,000	52,000
Revenues, Total	6,736,000	1,339,000
Expenses:	'	'
Property operating costs	766,000	97,000
General and administrative	3,352,000	3,564,000
Asset management fees and expenses	1,080,000	971,000
Real estate acquisition costs	522,000	947,000
Depreciation and amortization	2,340,000	474,000
(Recovery of) reserve for excess advisor obligation	-125,000	863,000
Impairment of notes receivable	'	0
Impairment of real estate	'	0
Costs and Expenses, Total	7,935,000	6,916,000
Operating loss	-1,199,000	-5,577,000
Other income and (expense):	'	'
Other income	63,000	0
Interest expense	-2,243,000	-409,000
Loss from continuing operations	-3,379,000	-5,986,000
Discontinued operations:	'	'
Income (loss) from discontinued operations	-1,090,000	-471,000
Impairment of real estate	-3,368,000	-2,077,000
Gain on sales of real estate	5,967,000	0
Income (loss) income from discontinued operations	1,509,000	-2,548,000
Net loss	-1,870,000	-8,534,000
Noncontrolling interests’ share in losses	980,000	1,076,000
Net loss applicable to common shares	($890,000)	($7,458,000)
Basic and diluted (loss) income per common share	'	'
Continuing operations (in dollars per share)	($0.15)	($0.26)
Discontinued operations (in dollars per share)	$0.11	($0.07)
Net loss applicable to common shares (in dollars per share)	($0.04)	($0.33)
Weighted average shares used to calculate basic and diluted loss per common (in shares)	23,028,285	23,028,285

CONSOLIDATED_STATEMENTS_OF_EQU

CONSOLIDATED STATEMENTS OF EQUITY (USD $)	Total	Common Stock [Member]	Additional Paid-in Capital [Member]	Accumulated Deficit [Member]	Parent [Member]	Noncontrolling Interest [Member]
BALANCE at Dec. 31, 2011	$45,626,000	$23,000	$116,238,000	($68,748,000)	$47,513,000	($1,887,000)
BALANCE (in shares) at Dec. 31, 2011	'	23,028,285	'	'	'	'
Reduction of excess offering costs	988,000	0	988,000	0	988,000	0
Dividends paid to noncontrolling interests	-39,000	0	0	0	0	-39,000
Noncontrolling interest contribution	716,000	'	'	'	'	716,000
Net loss	-8,534,000	0	0	-7,458,000	-7,458,000	-1,076,000
BALANCE at Dec. 31, 2012	38,757,000	23,000	117,226,000	-76,206,000	41,043,000	-2,286,000
BALANCE (in shares) at Dec. 31, 2012	'	23,028,285	'	'	'	'
Dividends paid to noncontrolling interests	-109,000	0	0	0	0	-109,000
Noncontrolling interest contribution	684,000	0	0	0	0	684,000
Net loss	-1,870,000	0	0	-890,000	-890,000	-980,000
BALANCE at Dec. 31, 2013	$37,462,000	$23,000	$117,226,000	($77,096,000)	$40,153,000	($2,691,000)
BALANCE (in shares) at Dec. 31, 2013	'	23,028,285	'	'	'	'

CONSOLIDATED_STATEMENTS_OF_CAS

CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Cash flows from operating activities:	'	'
Net loss	($1,870,000)	($8,534,000)
Adjustments to reconcile net loss to net cash and cash equivalents (used in) provided by operating activities:	'	'
Amortization of deferred financing costs	166,000	162,000
Depreciation and amortization	2,846,000	1,993,000
Straight line rents and amortization of above/below market rents	-659,000	-351,000
Bad debt expense (recovery)	7,000	-13,000
Reserve of excess advisor obligation	0	863,000
Impairment of real estate	3,368,000	2,077,000
Write-off of lease commission, straight-line rent receivables and other assets, net	1,049,000	0
Gain on sales of real estate	-5,967,000	0
Change in operating assets and liabilities:	'	'
Tenant and other receivables, net	162,000	-268,000
Prepaid and other assets	254,000	-721,000
Preferred leasing commissions	-1,386,000	-1,764,000
Restricted cash	-321,000	-325,000
Prepaid rent, security deposits and deferred revenue	-133,000	-39,000
Receivables from related parties	44,000	245,000
Deferred costs and deposits	21,000	6,000
Accounts payable and accrued expenses	472,000	234,000
Net cash used in operating activities	-1,947,000	-6,435,000
Cash flows from investing activities:	'	'
Real estate acquisitions	-37,695,000	-40,240,000
Deferred acquisition costs	-113,000	0
Real estate improvements	-54,000	-87,000
Proceeds from note receivable	700,000	0
Real estate dispositions	46,026,000	0
Net cash and cash equivalents provided by (used in) investing activities	8,864,000	-40,327,000
Cash flows from financing activities:	'	'
Proceeds from issuance of loan payable	24,525,000	43,246,000
Security deposit refunded/received, net	327,000	1,109,000
Repayment of loans payable	-22,004,000	-13,925,000
Non-controlling interest contribution	684,000	716,000
Distributions paid to non-controlling interests	-109,000	-39,000
Deferred financing costs	-745,000	-761,000
Net cash and cash equivalents provided by financing activities	2,678,000	30,346,000
Net increase (decrease) in cash	9,595,000	-16,416,000
Cash and cash equivalents - beginning of period	999,000	17,483,000
Cash and cash equivalents - ending of period (including cash of VIE)	10,662,000	1,067,000
Cash and cash equivalents of VIE - end of period (see Note 10)	-124,000	-68,000
Cash and cash equivalents - end of period	10,538,000	999,000
Supplemental disclosure of cash flow information:	'	'
Cash paid for interest:	2,420,000	1,284,000
Supplemental disclosure of non-cash financing and interest activities	'	'
Accrued real estate improvements	0	44,000
Receivable from related party	0	125,000
Reduction of excess offering costs	$0	$988,000

Organization

Organization	12 Months Ended
	Dec. 31, 2013
Organization, Consolidation and Presentation Of Financial Statements [Abstract]	'
Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]	'
	1. Organization
	Summit Healthcare REIT, Inc., (formerly Cornerstone Core Properties REIT, INC) a Maryland Corporation, was formed on October 22, 2004 under the General Corporation Law of Maryland for the purpose of engaging in the business of investing in and owning commercial real estate. As used in this report, the “Company”, “we”, “us” and “our” refer to Cornerstone Core Properties REIT, Inc. and its consolidated subsidiaries (including variable interest entities) except where the context otherwise requires. Subject to certain restrictions and limitations, our business is managed pursuant to an advisory agreement (the “Advisory Agreement”) by an affiliate, Cornerstone Realty Advisors, LLC (the “Advisor”), a Delaware limited liability company that was formed on November 30, 2004.
	Cornerstone Operating Partnership, L.P. (the “Operating Partnership”), a Delaware limited partnership, was formed on November 30, 2004. At December 31, 2013, we owned a 99.88% general partner interest in the Operating Partnership while the Advisor owned a 0.12% limited partnership interest. We anticipate that we will conduct all or a portion of our operations through the Operating Partnership. Our financial statements and the financial statements of the Operating Partnership are consolidated in the accompanying consolidated financial statements. These financial statements include consolidation of a variable interest entity that is currently classified as held for sale (see Note 10). All intercompany accounts and transactions have been eliminated in consolidation.
	We formed Cornerstone Healthcare Partners LLC (“CHP LLC”) with Cornerstone Healthcare Real Estate Fund, Inc. (“CHREF”), an affiliate of our Advisor. We own 95% of CHP LLC, with the remaining 5% owned by CHREF. As CHP LLC’s equity holders have voting rights disproportionate to their economic interests in the entity, CHP LLC is considered to be a VIE. We have a controlling financial interest in CHP LLC because we have the power to direct the activities of the VIE that most significantly impact its economic performance and we have the obligation to absorb the VIE’s losses and the right to receive benefits from the VIE. Consequently, we are deemed to be the primary beneficiary of the VIE, and therefore have consolidated the operations of the VIE beginning in the third quarter of 2012.
	We acquired the Sheridan Care Center, Fern Hill Care Center, Farmington Square, Friendship Haven Healthcare and Rehabilitation Center and Pacific Health and Rehabilitation Center healthcare properties (collectively, the “JV Properties”) through CHP LLC. In the third quarter of 2013, as part of our strategy to raise new property level joint venture equity capital to support growth and diversify operator, geographic and other risks, we caused CHP LLC to sell a portion of its interests in the JV Properties to third party investors. Proceeds from the sale of interests in these JV Properties were $0.6 million as of December 31, 2013, of which we received $0.6 million and CHREF received $27,000. At December 31, 2013, we owned a 90.9% interest in the JV Properties, CHREF, an affiliate of the Advisor, owned a 4.8% interest and third party investors owned 4.3%. CHP LLC may sell up to an aggregate 46% interest in these JV Properties, leaving us with 54%. As outside investors acquire additional interests in the JV Properties, our interest in the JV Properties, and that of CHREF, will be reduced proportionately.

Public_Offering

Public Offering	12 Months Ended
	Dec. 31, 2013
Public Offerings [Abstract]	'
Public Offerings [Text Block]	'
	2. Public Offering
	On January 6, 2006, we commenced a public offering. On June 10, 2009, we commenced a follow-on offering. On June 10, 2012, both offerings expired.

Summary_of_Significant_Account

Summary of Significant Accounting Policies

12 Months Ended

Dec. 31, 2013

Accounting Policies [Abstract]

'

Significant Accounting Policies [Text Block]

'

3. Summary of Significant Accounting Policies

The summary of significant accounting policies presented below is designed to assist in understanding our consolidated financial statements. Such consolidated financial statements and accompanying notes are the representations of our management, which is responsible for their integrity and objectivity. These accounting policies conform to accounting principles generally accepted in the United States of America, or GAAP, in all material respects, and have been consistently applied in preparing the accompanying consolidated financial statements.

Principles of Consolidation and Basis of Presentation

The consolidated financial statements include the accounts of the Company, its wholly-owned subsidiaries, CHP, LLC (of which the Company owns 95%) and Nantucket Acquisition LLC, a variable interest entity (see Note 10). All intercompany accounts and transactions have been eliminated in consolidation.

The Financial Accounting Standards Board (“FASB”) issued Accounting Standard Codification (“ASC”) 810, Consolidation, which addresses how a business enterprise should evaluate whether it has a controlling interest in an entity through means other than voting rights and accordingly should consolidate the entity. Before concluding that it is appropriate to apply the voting interest consolidation model to an entity, an enterprise must first determine that the entity is not a variable interest entity. We evaluate, as appropriate, our interests, if any, in joint ventures and other arrangements to determine if consolidation is appropriate.

Use of Estimates

The preparation of our consolidated financial statements requires us to make estimates and judgments that affect the reported amounts of assets, liabilities, revenues and expenses. We base these estimates on various assumptions that we believe to be reasonable under the circumstances, and these estimates form the basis for our judgments concerning the carrying values of assets and liabilities that are not readily apparent from other sources. We periodically evaluate these estimates and judgments based on available information and experience. Actual results could differ from our estimates under different assumptions and conditions. If actual results significantly differ from our estimates, our financial condition and results of operations could be materially impacted.

Cash and Cash Equivalents

We consider all short-term, highly liquid investments that are readily convertible to cash with a maturity of three months or less at the time of purchase to be cash equivalents.

Restricted Cash

Restricted cash represents cash held in interest bearing accounts related to impound reserve accounts for property taxes, insurance and capital improvements or commitments as required under the terms of mortgage loan agreements. Based on the intended use of the restricted cash, we have classified changes in restricted cash within the statements of cash flows as operating.

Investments in Real Estate

We allocate the purchase price of our properties in accordance with ASC 805 – Business Combinations. Upon acquisition of a property, we allocate the purchase price of the property based upon the fair value of the assets acquired and liabilities assumed, which generally consists of land, buildings, site improvements, furniture and fixtures and intangible lease assets or liabilities, including in-place leases, above-market and below-market leases. We allocate the purchase price to the fair value of the tangible assets of an acquired property by valuing the property as if it were vacant. We are required to make subjective assessments as to the estimated useful lives of our depreciable assets. We consider the period of future benefit of the assets to determine the appropriate estimated useful lives. Depreciation of our assets is being charged to expense on a straight-line basis over the estimated useful lives. We depreciate the fair value allocated to building and improvements over estimated useful lives ranging from 15 to 39 years.

We estimate the value of furniture and fixtures based on the assets’ depreciated replacement cost. We depreciate the fair value allocated to furniture and fixtures over estimated useful lives ranging from three to six years.

In-place lease values are calculated based on management’s evaluation of the expense that would be incurred to acquire a new tenant to occupy the leased space.

Acquired above- and below-market leases are valued based on the present value of the difference between prevailing market rates and the in-place rates over the remaining lease terms. The value of acquired above- and below-market leases is amortized over the remaining non-cancelable terms of the respective leases as an adjustment to rental revenue on our consolidated statements of operations. Our policy is to consider any bargain periods in the calculation of fair value of below-market leases and to amortize below-market leases over the remaining non-cancelable lease term plus any bargain renewal periods in accordance with FASB ASC 840, Leases, as determined by the Company’s management at the time it acquires real property with an in-place lease. The renewal option rates for our acquired leases do not include any fixed-rate options and, instead, contain renewal options that are based on fair value terms at the time of renewal. Accordingly, no fixed-rate renewal options were included in the fair value of below-market leases acquired and the amortization period is based on the acquired non-cancelable lease term.

We amortize the value of in-place leases and above- and below-market leases over the initial term of the respective leases. Should a tenant terminate its lease, the unamortized portion of the above- or below-market lease value will be charged to revenue. If a lease is terminated prior to its expiration, the unamortized portion of the tenant improvements, intangible lease assets or liabilities and the in-place lease value will be immediately charged to expense.

In an effort to control the rapidly escalating costs of health care, the state of Oregon has implemented a certificate of need (“CON”) program pertaining to skilled-nursing facilities. This program requires that a CON is obtained from the state prior to opening such facility. We valued the CON assets related to our Fernhill, Sheridan and Pacific facilities using an income approach. As the CON does not expire and can be sold independently of the facilities, we determined that these assets have indefinite useful lives and consequently are not being amortized.

Depreciation of Real Property Assets

We are required to make subjective assessments as to the useful lives of our depreciable assets. We consider the period of future benefit of the assets to determine the appropriate estimated useful lives. Depreciation of our assets is charged to expense on a straight-line basis over the estimated useful lives.

Impairments

In accordance with ASC 360, Property, Plant, and Equipment, we conduct a comprehensive review of our real estate assets for impairment. ASC 360 requires that asset values be analyzed whenever events or changes in circumstances indicate that the carrying value of a property may not be fully recoverable.

Indicators of potential impairment include the following:

•

Change in strategy resulting in a decreased holding period;

•

Decreased occupancy levels;

•

Deterioration of the rental market as evidenced by rent decreases over numerous quarters;

•

Properties adjacent to or located in the same submarket as those with recent impairment issues;

•

Significant decrease in market price; and/or

•

Tenant financial problems.

The intended use of an asset, either held for sale or held and used, can significantly impact the measurement of asset recoverability. If an asset is intended to be held and used, the impairment analysis is based on a two-step test.

The first test measures estimated expected future cash flows over the holding period, including a residual value (undiscounted and without interest charges), against the carrying value of the property. If the asset fails that test, the asset carrying value is compared to the estimated fair value with the excess of the asset’s carrying value over the estimated fair value recognized as an impairment charge to earnings.

We recorded no impairment charges related to properties held and used in 2013 and 2012. We recorded impairments of $3.4 million and $2.1 million related to assets held for sale during the years ended December 31, 2013 and 2012.

Fair Value Measurements

ASC 825, Financial Instruments, requires the disclosure of fair value information about financial instruments whether or not recognized on the face of the balance sheet, for which it is practical to estimate that value.

Fair value represents the estimate of the proceeds to be received, or paid in the case of a liability, in a current transaction between willing parties. ASC 820, Fair Value Measurement,  establishes a fair value hierarchy to categorize the inputs used in valuation techniques to measure fair value. Inputs are either observable or unobservable in the marketplace. Observable inputs are based on market data from independent sources and unobservable inputs reflect the reporting entity’s assumptions about market participant assumptions used to value an asset or liability.

Financial assets and liabilities recorded at fair value on the consolidated balance sheets are categorized based on the inputs to the valuation techniques as follows:

Level 1.  Quoted prices in active markets for identical instruments.

Level 2.  Observable inputs other than Level 1 prices, such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities.

Level 3.  Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities.

Assets and liabilities measured at fair value are classified according to the lowest level input that is significant to their valuation. A financial instrument that has a significant unobservable input along with significant observable inputs may still be classified as a Level 3 instrument.

We generally determine or calculate the fair value of financial instruments using quoted market prices in active markets when such information is available or use appropriate present value or other valuation techniques, such as discounted cash flow analyses, incorporating available market discount rate information for similar types of instruments and our estimates for non-performance and liquidity risk. These techniques are significantly affected by the assumptions used, including the discount rate, credit spreads, and estimates of future cash flow.

Our consolidated balance sheets include the following financial instruments: cash and cash equivalents, notes receivable, receivable from related parties, tenant and other receivables, other assets, deferred costs and deposits, deferred financing costs, accounts payable and accrued liabilities, payable to related parties, prepaid rent, security deposits and deferred revenue and loans payable. With the exception of notes receivable, note receivable from related party and notes payable discussed below, we consider the carrying values to approximate fair value for such financial instruments because of the short period of time between origination of the instruments and their expected payment.

As of December 31, 2013 and December 31, 2012, the fair value of notes receivable was $ 0.3 million and $ 1.0 million, compared to the carrying value of $ 0.2  million and $ 0.9  million, respectively. The fair value of notes receivable is estimated by discounting the expected cash flows at current market rates at which management believes similar loans would be made. In December 2011, the Servant Investments and the Servant Healthcare notes receivable were restructured to provide for the settlement of the notes in the amount of $2.5 million, $1.5 million of which was received from the borrower in December 2011. The remaining $1.0 million is payable pursuant to a promissory note of Servant Healthcare which provides for interest at a fixed rate of 5.00% per annum. A principal payment of $0.7 million, plus accrued interest, was paid on December 22, 2013 and the remaining balance of $0.3 million, plus any accrued and unpaid interest, is due on December 22, 2014. As the inputs to our valuation estimate are neither observable in nor supported by market activity, our notes receivable are classified as Level 3 assets within the fair value hierarchy.

As of December 31, 2013 and December 31, 2012, the fair value of notes payable was $52.9 million and $51.0  million, compared to the carrying value of $52.8 million and $50.3  million, respectively. The fair value of notes payable was estimated using lending rates available to us for financial instruments with similar terms and maturities. To estimate fair value as of December 31, 2013, we utilized a discount rate of 5.25%. As the inputs to our valuation estimate are neither observable in nor supported by market activity, our notes payable are classified as Level 3 assets within the fair value hierarchy. The carrying values noted above include notes payable classified on our consolidated balance sheets as liabilities associated with real estate held for sale totaling $0 and $21.8 million as of December 31, 2013 and December 31, 2012, respectively.

As a result of our ongoing analysis for potential impairment of our investments in real estate, including properties classified as held for sale, we were required to adjust the carrying value of certain assets to their estimated fair values as of December 31, 2013 (see Note 4).

There were no assets measured at fair value on a nonrecurring basis during the year ended December 31, 2013.

The following table summarizes the assets measured at fair value on a nonrecurring basis during the year ended December 31, 2012:

Total Fair

Quoted

Significant

Significant

Total

Value

Prices

Other

Unobservable

Losses

Measurement

in Active

Observable

Inputs

for the

Markets

Inputs

(Level 3)

Year

for

(Level 2)

Ended

Identical

December 31, 2012

Assets

(Level 1)

Assets held for sale

$

1,612,000

$

1,612,000

$

—

$

—

$

-937,000

Variable interest entity held for sale

$

3,760,000

$

—

$

3,760,000

$

—

$

-1,140,000

The investments in real estate measured at fair value less estimated selling costs was deemed to be a level one asset as its fair value was derived from an offer for the property for which a purchase and sale agreement had been executed.

The variable interest entity held for sale measured at fair value, less estimated selling costs, during the second quarter of 2012 was deemed to be a Level 2 asset as we had received a formal offer for the property. As of the valuation date, we did not believe that this asset was a Level 1 asset because a purchase and sale agreement had not been executed, giving the potential buyer the right to opt out of the transaction at its discretion.

At December 31, 2013 and December 31, 2012, we do not have any significant financial assets or financial liabilities that are measured at fair value on a recurring basis in our consolidated financial statements.

Variable Interest Entities

The Company analyzes its contractual and/or other interests to determine whether such interests constitute an interest in a variable interest entity (“VIE”) in accordance with ASC 810, Consolidation, and, if so, whether the Company is the primary beneficiary. If the Company is determined to be the primary beneficiary of a VIE, it must consolidate the VIE. A VIE is an entity with insufficient equity investment or in which the equity investors lack some of the characteristics of a controlling financial interest. In determining whether it is the primary beneficiary, the Company considers, among other things, whether it has the power to direct the activities of the VIE that most significantly impact the entity’s economic performance, including, but not limited to, determining or limiting the scope or purpose of the VIE, selling or transferring property owned or controlled by the VIE, or arranging financing for the VIE. The Company also considers whether it has the obligation to absorb losses of the VIE or the right to receive benefits from the VIE (see Notes 5 and 10).

Tenant and Other Receivables, net

Tenant and other receivables are comprised of rental and reimbursement billings due from tenants and the cumulative amount of future adjustments necessary to present rental income on a straight-line basis. Tenant receivables are recorded at the original amount earned, less an allowance for any doubtful accounts, which approximates fair value. Management assesses the realizability of tenant receivables on an ongoing basis and provides for allowances as such balances, or portions thereof, are estimated to become uncollectible. For the years ended December 31, 2013 and 2012, (recoveries)/provisions for bad debt amounted to approximately $7,000 and ($13,000), respectively, which are included in property operating and maintenance expenses in the accompanying consolidated statements of operations. Our allowance for doubtful accounts was $ 0 and $0.2 million as of December 31, 2013 and 2012.

Other Assets, net

Other assets consist primarily of leasing commissions, net of amortization, and prepaid insurance. Additionally, other assets will be amortized to expense over their future service periods. Balances without future economic benefit are expensed as they are identified.

Leasing commissions are stated at cost and amortized on a straight-line basis over the related lease term. As of December 31, 2013 and December 31, 2012, we incurred approximately $2.6 million and $2.2 million in leasing commissions, respectively. Amortization expense for the years ended December 31, 2013 and 2012 was approximately $0.2 million and  $0.2 million, respectively.

Deferred Costs and Deposits

Deferred costs and deposits primarily consist of deposit on potential acquisitions and utility deposits.

Deferred Financing Costs

Costs incurred in connection with debt financing are recorded as deferred financing costs. Deferred financing costs are amortized using the straight-line basis which approximates the effective interest rate method, over the contractual terms of the respective financings.

Revenue Recognition and Valuation of Receivables

Revenue is recorded in accordance with ASC 840, Leases, and SEC Staff Accounting Bulletin No. 104, “Revenue Recognition in Financial Statements, as amended” (“SAB 104”). Such accounting provisions require that revenue be recognized after four basic criteria are met. These four criteria include persuasive evidence of an arrangement, the rendering of service, fixed and determinable income and reasonably assured collectability. Leases with fixed annual rental escalators are recognized on a straight-line basis over the initial lease period, subject to a collectability assessment. Rental income related to leases with contingent rental escalators is generally recorded based on the contractual cash rental payments due for the period. Because our leases provide for free rent, lease incentives, or other rental increases at specified intervals, we straight-line the recognition of revenue, which results in the recording of a receivable for rent not yet due under the lease terms. Our revenues are comprised largely of rental income and other income collected from tenants.

Noncontrolling Interest in Consolidated Subsidiary

Noncontrolling interest relates to the interest in the consolidated entities that are not wholly-owned by us.

On January 1, 2009, we adopted ASC 810-10-65, “Consolidation”, which clarifies that a noncontrolling interest in a subsidiary is an ownership interest in the consolidated entity that should be reported as equity in the consolidated financial statements. ASC 810-10-65 also requires consolidated net income to be reported at amounts that include the amounts attributable to both the parent and the noncontrolling interest and requires disclosure, on the face of the consolidated statements of operations, of the amounts of consolidated net income attributable to the parent and to the noncontrolling interest.

We periodically evaluate individual noncontrolling interests for the ability to continue to recognize the noncontrolling interest as permanent equity in the consolidated balance sheets. Any noncontrolling interest that fails to qualify as permanent equity will be reclassified as temporary equity and adjusted to the greater of (a) the carrying amount, or (b) its redemption value as of the end of the period in which the determination is made.

Income Taxes

We have elected to be taxed as a REIT, under Sections 856 through 860 of the Internal Revenue Code of 1986, as amended (the “Code”) beginning with our taxable year ending December 31, 2006. To qualify as a REIT, we must meet certain organizational and operational requirements, including a requirement to currently distribute at least 90% of the REIT’s ordinary taxable income to stockholders. As a REIT, we generally will not be subject to federal income tax on taxable income that we distribute to our stockholders. If we fail to qualify as a REIT in any taxable year, we will then be subject to federal income taxes on our taxable income at regular corporate rates and will not be permitted to qualify for treatment as a REIT for federal income tax purposes for four years following the year during which qualification is lost unless the Internal Revenue Service were to grant us relief under certain statutory provisions. Such an event could materially and adversely affect our net income and net cash available for distribution to stockholders. However, we believe that we will be organized and operate in such a manner as to qualify for treatment as a REIT and intend to operate for the foreseeable future in such a manner so that we will remain qualified as a REIT for federal income tax purposes.

Uncertain Tax Positions

In accordance with the requirements of ASC 740, “Income Taxes,” favorable tax positions are included in the calculation of tax liabilities if it is more likely than not that our adopted tax position will prevail if challenged by tax authorities. As a result of our REIT status, we are able to claim a dividends-paid deduction on our tax return to deduct the full amount of common dividends paid to stockholders when computing our annual taxable income, which results in our taxable income being passed through to our stockholders. A REIT is subject to a 100% tax on the net income from prohibited transactions. A “prohibited transaction” is the sale or other disposition of property held primarily for sale to customers in the ordinary course of a trade or business. There is a safe harbor provision which, if met, expressly prevents the Internal Revenue Service from asserting the prohibited transaction test. We have no income tax expense, deferred tax assets or deferred tax liabilities associated with any such uncertain tax positions for the operations of any entity included in the consolidated results of operations.

Basic and Diluted Net Loss and Distributions per Common Share

Basic and diluted net loss per common share applicable to common shares is computed by dividing net loss applicable to common shares by the weighted-average number of common shares outstanding for the period. For each of the years ended December 31, 2013 and 2012, 40,000 stock options, held by our independent directors, have been excluded from the weighted-average number of shares outstanding since their effect was anti-dilutive.

Basic and diluted net loss per share is calculated as follows:

Year Ended

Year Ended

December 31,

December 31,

2013

2012

Net loss applicable to common shares

$

-890,000

$

-7,458,000

Basic and diluted net loss per common share applicable to common shares

$

-0.04

$

-0.33

Weighted-average number of shares outstanding — basic and diluted

23,028,285

23,028,285

The Company declared no cash distributions per common share during the years ended December 31, 2013 and 2012.

Reclassification

Assets sold or held for sale and associated liabilities have been reclassified on the consolidated balance sheets and operating results and impairments have been reclassified from continuing to discontinued operations.

New Accounting Pronouncements

On January 1, 2013, we adopted Accounting Standards Update ("ASU") 2012-04, Fair Value Measurements (Topic 820): Amendments to Achieve Common Fair Value Measurement and Disclosure Requirements in U.S. GAAP and IFRS. ASU 2012-04 requires incremental fair value disclosures in the notes to the financial statements. The adoption of this guidance did not have a material impact on our consolidated financial statements.

Investments_in_Real_Estate

Investments in Real Estate	12 Months Ended
	Dec. 31, 2013
Real Estate [Abstract]	'
Real Estate Disclosure [Text Block]	'
	4. Investments in Real Estate
	As of December 31, 2013, our portfolio consists of eleven properties which were 100.0% leased. The following table provides summary information regarding our properties.
	Property (1)		Location		Date Purchased		Square	Purchase		Debt		Dec. 31,
							Footage	Price				2013
												%
												Leased
	Healthcare:
	Sheridan Care Center		Sheridan, OR		3-Aug-12		13,912	$	4,100,000	$	2,785,000	100	%
	Fern Hill Care Center		Portland, OR		3-Aug-12		13,344		4,500,000		2,984,000	100	%
	Farmington Square		Medford, OR		14-Sep-12		32,557		8,500,000		5,768,000	100	%
	Friendship Haven Healthcare and		Galveston County, TX		14-Sep-12		56,968		15,000,000		10,641,000	100	%
	Rehabilitation Center
	Pacific Health and Rehabilitation Center		Tigard, OR		24-Dec-12		25,082		8,140,000		6,116,000	100	%
	Danby House		Winston-Salem, NC		31-Jan-13		26,703		9,700,000		7,275,000	100	%
	Heritage Woods of Aledo		Aledo, IL		2-Jul-13		49,420		8,625,000		5,850,000	100	%
	The Shelby House		Shelby, NC		4-Oct-13		23,074		4,500,000		3,375,000	100	%
	The Hamlet House		Hamlet, NC		4-Oct-13		34,638		6,500,000		4,830,000	100	%
	The Carteret House		Newport, NC		4-Oct-13		29,570		4,300,000		3,195,000	100	%
	Redding Assisted Living		Redding, CA		18-Dec-13		26,081		3,500,000		—	100	%
	Total Healthcare:						331,349	$	77,365,000	$	52,819,000	100	%
	-1	The above table excludes Sherburne Commons Residences, LLC (“Sherburne Commons”), a variable interest entity (“VIE”) for which we became the primary beneficiary and began consolidating its financial results as of June 30, 2011. As of October 19, 2011, Sherburne Commons was classified as held for sale (See Note 16).
	As of December 31, 2013, adjusted cost and accumulated depreciation and amortization related to investments in real estate and related intangible lease assets and liabilities, including those acquired through COP, LP, and excluding assets of variable interest entity held for sale, were as follows:
			Land			Buildings and		Furniture		In-Place		Certificate
						Improvements		and		Lease		of
								Fixture		Value		Need
	Investments in real estate and related		$	6,502,000		$	54,324,000	$	6,393,000	$	3,935,000	$	6,786,000
	intangible lease assets (liabilities)
	Less: accumulated depreciation and			—			-1,575,000		-939,000		-112,000		—
	amortization
	Net investments in real estate and related		$	6,502,000		$	52,749,000	$	5,454,000	$	3,823,000	$	6,786,000
	intangible lease assets (liabilities)
	As of December 31, 2012, adjusted cost and accumulated depreciation and amortization related to investments in real estate and related intangible lease assets and liabilities, including those acquired through CHP LLC, were as follows:
			Land			Buildings and		Furniture		In-Place		Certificate
						Improvements		and		Lease		of
								Fixture		Value		Need
	Investments in real estate and related		$	4,521,000		$	23,299,000	$	2,915,000	$	2,720,000	$	6,786,000
	intangible lease assets (liabilities)
	Less: accumulated depreciation and			—			-206,000		-165,000		-70,000		—
	amortization
	Net investments in real estate and related		$	4,521,000		$	23,093,000	$	2,750,000	$	2,650,000	$	6,786,000
	intangible lease assets (liabilities)
	Real Estate Held for Sale
	When assets are classified as held for sale, they are recorded at the lower of carrying value or the estimated fair value of the asset, net of estimated selling costs. In the first quarter of 2012, we recorded a $1.1 million impairment related to Nantucket Acquisition, LLC, as a result of receiving an offer to purchase the property. In the fourth quarter of 2012, we recorded a $0.9 million impairment loss related to the Carter Commerce Center based on the contractual sales price. As of December 31, 2013, we have sold all remaining industrial assets. Consequently, we reclassified these properties to real estate held for sale and their financial operations activity to discontinued operations for all periods presented.
	In the second quarter of 2013, we recorded a $3.4 million impairment related to the Orlando Small Bay portfolio as a result of receiving an offer to purchase the property for less than our than book value. This impairment is classified as impairment of real estate and included in discontinued operations on our consolidated statement of operations for the year ended December 31, 2013.
	The following table illustrates, by property, the impairment charge recorded to impairment of real estate held for sale or sold for the years ended December 31, 2013 and 2012:
	Property		2013			2012
	Carter Commerce Center		$	—		$	937,000
	Goldenrod Commerce Center			657,000			—
	Hanging Moss Commerce Center			1,034,000			—
	Monroe Commerce Centers			1,677,000			—
	Nantucket Acquisition LLC			—			1,140,000
			$	3,368,000		$	2,077,000
	See Note 16 for discussion of amounts recorded in discontinued operations.
	Future Minimum Lease Payments
	The future minimum lease payments to be received under existing operating leases for properties owned as of December 31, 2013 are as follows:
	Years ending December 31,
	2014			7,241,000
	2015			7,403,000
	2016			7,575,000
	2017			7,752,000
	2018			7,933,000
	2019 and thereafter			57,715,000
			$	95,619,000
The schedule does not reflect future rental revenues from the potential renewal or replacement of existing and future leases and excludes property operating expense reimbursements. Additionally, leases where the tenant can terminate the lease with short-term notice are not included.

Acquisitions

Acquisitions	12 Months Ended
	Dec. 31, 2013
Business Combinations [Abstract]	'
Business Combination Disclosure [Text Block]	'
	5. Acquisitions
	Healthcare Properties Acquisitions -2012
	In 2012, we acquired through CHP LLC the five healthcare properties described below. CHREF, an affiliate of the Advisor, owns a 5% interest in CHP LLC. As CHP LLC’s equity holders have voting rights disproportionate to their economic interests in the entity, CHP LLC is considered to be a VIE. We have controlling financial interest in CHP LLC because we have the power to direct the activities of the VIE that most significantly impact its economic performance and we have the obligation to absorb the VIE’s losses and the right to receive benefits from the VIE. Consequently, we are deemed to be the primary beneficiary of the VIE, and therefore have consolidated the operations of the VIE beginning in the third quarter of 2012. Assets of the VIE may only be used to settle obligations of the VIE and creditors of the VIE have no recourse to the general credit of the Company.
	Portland, Oregon Properties (Sheridan and Fernhill)
	On August 3, 2012, through CHP LLC we acquired two skilled nursing facilities located in the Portland, Oregon metropolitan area for a purchase price of $8.6 million in cash. 411 SE Sheridan Road (“Sheridan”), located approximately fifty miles southwest of Portland in Sheridan, Oregon, is a 51-bed intermediate care facility. This 13,912 square foot single-story facility was constructed in multiple phases between 1960 and 1970. 5737 NE 37th Avenue (“Fernhill”) located in Portland, Oregon, is a 13,344 square foot, originally constructed to be a 51-bed facility. The facility was built in 1960 and has obtained approval to expand to 63 beds. The operator of the Sheridan and Fernhill properties has served in that capacity since 2005, and has over twenty years of experience operating skilled nursing facilities in the Pacific Northwest. Upon the closing of the acquisitions, the existing operator is continuing to operate the properties under new long-term, triple-net leases. Including the Sheridan and Fernhill properties, the operator manages four skilled nursing facilities in Oregon. We acquired our interest in these properties subject to a secured loan with the seller in the aggregate amount of approximately $5.8 million secured by security interests in Sheridan and Fernhill. On September 14, 2012, we repaid the entire principal balance of the seller loan with proceeds from a loan from General Electric Capital Corporation which is secured, in part, by the Sheridan and Fernhill properties (see Note 14).
	Medford, Oregon
	On September 14, 2012, through CHP LLC, we acquired Farmington Square Medford, a memory care facility with 52 units and 71 licensed beds located within the Medford, Oregon city limits, for a purchase price of $8.5 million in cash. The facility, consisting of four separate wood-framed, single-story buildings totaling 32,557 square feet, was constructed in phases between 1990 and 1997. The operator of the Medford Facility has served in that capacity since 1991, and has over twenty years of experience operating senior-living facilities in the Pacific Northwest. The manager of the facility is continuing to operate the facility under a new long-term, triple-net lease. The acquisition was funded from a loan from General Electric Capital Corporation secured by the property.
	Galveston, Texas
	On September 14, 2012, through CHP LLC, we acquired Friendship Haven Healthcare and Rehabilitation Center, a skilled-nursing facility with 150 licensed beds located in Galveston County, Texas, for a purchase price of $15.0 million. The facility, a single-story, 56,968 square foot wood-frame building, was constructed in 1997. The manager of the Galveston Facility has served in that capacity since February 2013, and has over twenty years of experience operating senior-living facilities in Texas and Louisiana. The licensed operator is continuing to operate the Galveston facility under a new long-term, triple-net lease. Including the Galveston Facility, the manager manages fifteen skilled-nursing facilities in Texas. The acquisition was funded from a loan from General Electric Capital Corporation secured by the property.
	Tigard, Oregon
	On December 21, 2012, through CHP LLC, we acquired, through the exercise of an option that was assigned to us by Pacific Gardens Real Estate LLC (“Seller”), the Pacific Health & Rehabilitation skilled-nursing facility (“Pacific”) located in Tigard, Oregon for $8.1 million in cash. Pacific, located at 14145 SW 105th Street, Tigard, Oregon has an operational capacity of 78 beds. Pacific will be leased to the current operator pursuant to a long-term triple-net lease.
	The following summary provides the allocation of the acquired assets and liabilities of the facilities acquired in 2012. We have accounted for the acquisitions as business combinations under U.S. GAAP. Under business combination accounting, the assets and liabilities of acquired properties are recorded as of the acquisition date, at their respective fair values, and consolidated in our financial statements. The following sets forth the allocation of the purchase prices of the acquired properties as well as the associated acquisitions costs, which have been expensed as incurred.
		Sheridan		Portland		Medford		Galveston		Pacific		Total
	Land	$	160,000	$	847,000	$	954,000	$	1,095,000	$	1,466,000	$	4,522,000
	Buildings & improvements		1,374,000		1,276,000		6,353,000		11,101,000		1,989,000		22,093,000
	Site improvements		151,000		46,000		233,000		509,000		266,000		1,205,000
	Furniture & fixtures		328,000		359,000		434,000		1,263,000		531,000		2,915,000
	In-place leases		290,000		307,000		526,000		1,032,000		565,000		2,720,000
	Certificate of need		1,797,000		1,665,000		—		—		3,323,000		6,785,000
	Real estate acquisitions	$	4,100,000	$	4,500,000	$	8,500,000	$	15,000,000	$	8,140,000	$	40,240,000
	Real estate acquisition costs	$	109,000	$	109,000	$	298,000	$	222,000	$	209,000	$	947,000
	The following unaudited pro forma information for the year ended December 31, 2012 has been prepared to reflect the incremental effect of the above properties acquired during 2012 as if all such transactions took place on January 1, 2012.
		Year ended
		December 31,
		2012
	Revenues	$	4,255,000
	Net loss from continuing operations	$	-3,180,000
	Basic and diluted net loss per common share from continuing operations	$	-0.14
	As of December 31, 2013 and 2012, adjusted cost, net of accumulated depreciation and amortization related to real estate and related intangible lease assets and liabilities of the CHP LLC VIE were as follows:
						Furniture		In-Place		Certificate
				Buildings and		and		Lease		of
		Land		Improvements		Fixture		Value		Need
	Investments in real estate and related	$	4,521,000	$	23,304,000	$	2,915,000	$	2,720,000	$	6,786,000
	intangible lease assets (liabilities)
	Less: accumulated depreciation and		—		-1,143,000		-665,000		-90,000		—
	amortization
	Net investments in real estate and related	$	4,521,000	$	22,161,000	$	2,250,000	$	2,630,000	$	6,786,000
	intangible lease assets (liabilities)
	Healthcare Properties Acquisitions -2013
	Winston Salem, North Carolina
	On January 31, 2013, we, through CHP LLC, acquired the Danby House, an assisted living and memory care facility located in Winston-Salem, North Carolina (“Danby House”) for $9.7 million in cash. Danby House, located at 3150 Burke Mill Road, Winston-Salem, North Carolina, has an operational capacity of 99 beds. Danby House is leased to Meridian Senior Living, LLC (“Meridian”), the current operator of the facility, pursuant to a long-term triple-net lease. The initial lease term is ten years with a lessee option to renew for two additional five-year periods.
	Aledo, Illinois
	On July 2, 2013, we acquired from Aledo Senior Housing, LLC (“Seller”), the Heritage Woods of Aledo property (“Aledo”) located in Aledo, Illinois for $8.6 million in cash. Aledo, located at 405 SE 13th Avenue, Aledo, Illinois is an assisted living facility with an operational capacity of 66 units. Aledo will be leased by us to an affiliate of Meridian pursuant to a long-term triple-net lease. The lease term is 15 years with a lessee option to renew for an additional five-year period.
	North Carolina Portfolio (Carteret House, Hamlet House, and Shelby House)
	On October 4, 2013, we acquired a 32 unit assisted living facility in Newport, North Carolina (“Carteret House”), a 60 unit assisted living facility in Hamlet, North Carolina (“Hamlet House”), and a 40 unit assisted living facility in Shelby, North Carolina (“Shelby House”) (together, the “Properties”) from Meridian for $15.3 million in cash.
	The Properties are leased back to Meridian, the current operator of the Properties, under long-term triple net leases. The lease terms are 15 years, with lessee options to renew for one additional five-year period.
	Carteret House
	Carteret House is an assisted living facility with 32 units and 64 beds located in Newport, North Carolina. The facility, consisting of a single-story, wood frame structure totaling 29,570 square feet, was constructed in 1994.
	Hamlet House
	Hamlet House is an assisted living facility with 60 units and beds located in Hamlet, North Carolina. The facility, consisting of a single-story wood frame structure totaling 34,638 square feet, was constructed in 1999.
	Shelby House
	Shelby House is an assisted living facility with 40 units and 72 beds located in Shelby, North Carolina. The facility, consisting of a single-story wood frame structure totaling 23,074 square feet, was constructed in 1991.
	Redding California
	On December 18, 2013, we acquired a 40-unit assisted living facility located in Redding, California that was built in 1992 for $3.5 million in cash. The 26,081 square foot facility has been triple-net leased to an affiliate of Compass Senior Living, LLC (“Compass”), the new operator of the facility, pursuant to a ten-year term.
	The following summary provides the allocation of the acquired assets and liabilities of the facilities acquired in 2013. We have accounted for the acquisitions as asset purchases under U.S. GAAP. The following sets forth the allocation of the purchase prices of the acquired properties as well as the third party associated acquisitions costs, which have been capitalized.  The acquisition fee paid to our Advisor has been expensed.
		Danby		Aledo		North Carolina		Redding		Total
	Land	$	973,000	$	215,000	$	793,000	$	—	$	1,981,000
	Buildings & improvements		6,972,000		7,033,000		10,833,000		2,787,000		27,625,000
	Site improvements		292,000		451,000		2,227,000		275,000		3,245,000
	Furniture & fixtures		978,000		426,000		1,597,000		478,000		3,479,000
	Tenant improvements		—		—		—		150,000		150,000
	In-place leases		606,000		609,000		—		—		1,215,000
	Real estate acquisitions	$	9,821,000	$	8,734,000	$	15,450,000	$	3,690,000	$	37,695,000
Real estate acquisition costs	$	136,000	$	121,000	$	214,000	$	51,000	$	522,000
The Company recorded revenues and net loss for the twelve months ended December 31, 2013 of approximately $6.7 million and $1.3 million, respectively, related to the 2013 acquisitions. The following unaudited pro forma information for the year ended December 31, 2012 has been prepared to reflect the incremental effect of the above properties acquired during 2012 as if all such transactions took place on January 1, 2012. For the year ended December 31, 2012, acquisition-related costs of $0.9 million were excluded from pro forma net loss. 2012 pro forma net loss was adjusted to include these charges.
	Year ended
	December 31,
	2012
Revenues	$	4,255,000
Net loss from continuing operations	$	-3,180,000
Basic and diluted net loss per common share from continuing operations	$	-0.14

Allowance_for_Doubtful_Account

Allowance for Doubtful Accounts	12 Months Ended
	Dec. 31, 2013
Allowance For Doubtful Accounts [Abstract]	'
Allowance For Doubtful Accounts [Text Block]	'
	6. Allowance for Doubtful Accounts
	Allowance for doubtful accounts were $0 and $0.2 million as of December 31, 2013 and December 31, 2012, respectively.

Concentration_of_Risk

Concentration of Risk	12 Months Ended
	Dec. 31, 2013
Risks and Uncertainties [Abstract]	'
Concentration Risk Disclosure [Text Block]	'
	7. Concentration of Risk
	Financial instruments that potentially subject us to a concentration of credit risk are primarily notes receivable and the note receivable from related party. Refer to Notes 8 and 9 with regard to credit risk evaluation of notes receivable and the note receivable from related party, respectively. Our cash is generally invested in investment-grade short-term instruments.
	As of December 31, 2013, we had cash accounts in excess of FDIC-insured limits. However, we do not believe the risk associated with this excess is significant.
	Concentrations of credit risk also arise when a number of tenants or obligors related to one investment are engaged in similar business activities or activities in the same geographic regions, have similar economic features that would cause their ability to meet contractual obligations, including those of the Company, to be similarly affected by changes in economic conditions. We regularly monitor our portfolio to assess potential concentration risk.
	As of December 31, 2013, excluding the Sherburne Commons VIE, we owned one property in California, four properties in Oregon, four properties in North Carolina, one property in Texas, one property in Illinois. Accordingly, there is a geographic concentration of risk subject to economic conditions in certain states. Additionally, as of December 31, 2013, we leased our eleven healthcare properties to five different tenants under long-term triple net leases.

Notes_Receivable

Notes Receivable	12 Months Ended
	Dec. 31, 2013
Receivables [Abstract]	'
Loans, Notes, Trade and Other Receivables Disclosure [Text Block]	'
	8. Notes Receivable
	In May 2008, we agreed to loan up to $10.0 million at a rate of 10% per year to two real estate operating companies, Servant Investments, LLC (“SI”) and Servant Healthcare Investments, LLC (“SHI” and collectively with SI, “Servant”). In May 2010, the loan commitments were reduced to $8.75 million. The loans were scheduled to mature on May 19, 2013. At the time the loans were negotiated, Servant was an advisor to an affiliate of the managing member of our Advisor.
	We evaluate the collectability of our notes receivable on a quarterly basis. Our evaluation of collectability involves judgment, estimates, and a review of the underlying collateral and borrower’s business models and future cash flows from operations. In the third quarter of 2009, we concluded that the collectability of the SI note could not be reasonably assured and, therefore, reserved $4.6 million against the note. In the second quarter of 2011, after evaluating the expected effects of changes in the borrower’s business prospects, including the uncertainty surrounding Servant’s future realization of the fees pursuant to a sub-advisory agreement, we concluded that it was probable that the Company would be unable to collect all amounts due according to the terms of the SHI note and consequently, we recorded a note receivable impairment of $1.7 million against the balance of that note. In December 2011, the notes receivable were restructured to provide for the settlement of the notes in the amount of $2.5 million, $1.5 million of which was received from the borrower in December 2011. The remaining $1.0 million is payable pursuant to a promissory note of SHI which provides for interest at a fixed rate of 5.00% per annum. A principal payment of $0.7 million, plus any accrued and unpaid interest, was due and paid on December 22, 2013 and the remaining balance of $0.3 million, plus any accrued and unpaid interest, is due on December 22, 2014.
	As of December 31, 2013 and 2012, the note receivable had a net balance of $0.2 million and $0.9 million, respectively. Our policy is to recognize interest income for the reserved loan on a cash basis. For the years ended December 31, 2013 and 2012, interest income related to the note receivable was $ 50,000 and $52,000, respectively. We determined that Servant is not a variable interest entity and there is no requirement to include this entity in our consolidated balance sheets and consolidated statements of operations.
	The following table reconciles notes receivable from January 1, 2012 to December 31, 2013:
		2013		2012
	Balance at January 1	$	908,000	$	908,000
	Additions:
	Additions to note receivable				—
	Recovery of notes receivable due to settlement agreement		-700,000		—
	Balance at December 31,	$	208,000	$	908,000

Note_Receivable_from_Related_P

Note Receivable from Related Party	12 Months Ended
	Dec. 31, 2013
Note Receivable From Related Party [Abstract]	'
Note Receivable from Related Party [Text Block]	'
	9. Note Receivable from Related Party
	On December 14, 2009, we made a participating first mortgage loan (in two tranches) with a principal amount totaling $8.0 million to Nantucket Acquisition LLC (“Nantucket”), an affiliate of our Advisor. The loan was made in connection with Nantucket Acquisition’s purchase of a 60-unit senior living community known as Sherburne Commons located on the island of Nantucket, MA. Nantucket was formed for the sole purpose of acquiring Sherburne Commons and related real estate, and holds no other assets. The loan matures on January 1, 2015, with no option to extend, and bears interest at a fixed rate of 8.0% for the term of the loan. Nantucket Acquisition is considered a variable interest entity because the equity owners of Nantucket Acquisition do not have sufficient equity at risk, and our mortgage loan commitment was determined to be a variable interest.
	Under the terms of the loan, we were entitled to receive additional interest in the form of a 40% participation in the appreciation in value of the property. Prepayment of the loan was not permitted without our consent and the loan was not assumable.
	On a quarterly basis, we evaluate the collectability of our note receivable from related party. Our evaluation of collectability involves judgment, estimates, and a review of the underlying collateral and borrower’s business models and future cash flows. For the years ended December 31, 2013 and 2012, we recorded no impairment charges on the note receivable from related parties.
	Because the property’s occupancy never achieved targeted levels, Nantucket did not have sufficient cash flow and therefore stopped paying interest on the loan in the first quarter of 2011. On June 30, 2011, the Company issued a notice of default to Nantucket. It was this event that caused management to determine that the Company had become the primary beneficiary of this VIE and to modify its previous accounting treatment for Nantucket. In accordance with the loan agreement, upon Nantucket’s default, the Company obtained the power to direct the activities of Sherburne Commons that most significantly impacted Nantucket’s economic performance, including assuming control of marketing and leasing activity, rental pricing, and the decision to sell or hold Sherburne Commons. As the estimated fair value of Sherburne Commons at that time was less than the principal balance of the Company’s first lien loan on the real property, therefore eliminating any equity in the real property held by Nantucket, the Company assumed the obligation to absorb the losses of, and obtained the right to receive any benefits from, the VIE. Since assuming such control, the Company has funded approximately $1.4 million in working capital to support Nantucket. The Company was not contractually required to provide such support. These funds were provided to maintain the operations at the property to prepare it for an eventual sale, which management believes is the only plausible strategy for recovery of the note balance. In management’s judgment, the above fact pattern gave the Company a controlling financial interest in Nantucket. Consequently, the Company became the primary beneficiary of the VIE and consolidated the financial results of Nantucket as of June 30, 2011 (see Note 10). In the fourth quarter of 2011, we recorded an impairment charge related to assets of variable interest entity held for sale of $4.8 million related to the Sherburne Commons property.
	As a result of the default described above, we began recognizing interest income on a cash basis commencing in the first quarter of 2012. For the years ended December 31, 2013 and 2012, we recognized no income on this note.
	During 2013 and 2012, the loan balance was increased by $0.3 million and $0.6 million, respectively, to provide funds to meet Sherburne Commons’ operating shortfalls.
	As of October 19, 2011, the Sherburne Commons property met the requirements for reclassification to real estate held for sale. Consequently, the related assets and liabilities of the property are classified as assets of variable interest entity held for sale and liabilities of variable interest entity held for sale, respectively, on our consolidated balance sheets. Operating results for the property have been reclassified to discontinued operations on our consolidated statements of operations for all periods presented.
	The following table reconciles note receivable from related party from January 1, 2012 to December 31, 2013:
		2013		2012
	Balance at January 1	$	—	$	—
	Additions:
	Additions to note receivable from related parties		292,000		595,000
	Deductions:
	Deductions:
	Repayments of note receivable from related party		—		—
	Elimination of balance in consolidation of VIE		-292,000		-595,000
	Balance at December 31,	$	—	$	—

Consolidation_of_Nantucket_Var

Consolidation of Nantucket Variable Interest Entity	12 Months Ended
	Dec. 31, 2013
Consolidation Of Variable Interest Entity [Abstract]	'
Consolidation of Variable Interest Entity [Text Block]	'
	10. Consolidation of Nantucket Variable Interest Entity
	GAAP requires the consolidation of variable interest entities (“VIE”) in which an enterprise has a controlling financial interest. A controlling financial interest has both of the following characteristics: (i) the power to direct the activities of a VIE that most significantly impact the VIEs economic performance and (ii) the obligation to absorb losses of the VIE that could potentially be significant to the VIE or the right to receive benefits from the VIE that could potentially be significant to the VIE.
	In compliance with ASC 810,  Consolidation,  we continuously analyze and reconsider our initial determination of VIE status to determine whether we are the primary beneficiary by considering, among other things, whether we have the power to direct the activities of the VIE that most significantly impact its economic performance. Such activities would include, among other things, determining or limiting the scope or purpose of the VIE, selling or transferring property owned or controlled by the VIE, or arranging financing for the VIE. We also consider whether we have the obligation to absorb losses of the VIE or the right to receive benefits from the VIE.
	As of December 31, 2013 and 2012, we had a variable interest in a VIE in the form of a note receivable from Nantucket Acquisition in the amount of $9.4 million and $9.1 million, respectively (see Note 9).
	As a result of our issuing a notice of default with respect to the note, we determined that we were the primary beneficiary of the VIE. Therefore, we consolidated the operations of the VIE beginning June 30, 2011. Assets of the VIE may only be used to settle obligations of the VIE and creditors of the VIE have no recourse to the general credit of the Company.
	As of October 19, 2011, the Sherburne Commons property was reclassified to real estate held for sale. Consequently, the related assets and liabilities of the property are classified as assets of variable interest entity held for sale and liabilities of variable interest entity held for sale on our consolidated balance sheet. Operating results for the property have been reclassified to discontinued operations on our consolidated statements of operations for all periods presented.
	The following table illustrates our fair value allocation of the assets and liabilities of Sherburne Commons consolidated in our consolidated balance sheets as of June 30, 2011, the date of consolidation of the VIE:
	Cash and cash equivalents	$	236,000
	Buildings and improvements		5,658,000
	Site improvements		610,000
	Furniture and fixtures		390,000
	Below-market ground lease		3,180,000
	In-place leases		90,000
	Below-market leases		-290,000
	Accounts receivable and other assets		195,000
	Accounts payable and accrued liabilities		-289,000
	Interest payable		-57,000
	Loan payable		-128,000
	Note payable		-1,332,000
	Total net assets	$	8,263,000
	The estimated fair value of the property was derived using an income approach primarily utilizing Level 3 inputs. This approach estimates fair value based on expected future cash flows and requires us to estimate, among other things (1) future market rental income amounts, (2) property operating expenses, (3) risk-adjusted rate of return and capitalization rates, and (4) the number of months it is expected to take to re-lease the property to stabilized levels. A change in any one or more of these factors could materially impact whether a property is impaired as of any given valuation date. When available, current market information, such as comparative sales prices, was used to determine capitalization, discount, and rental growth rates. In cases where market information was not readily available, the inputs were based on our understanding of market conditions and the experience of our management team.
	Since the Sherburne Commons property was reclassified to held for sale in the fourth quarter of 2011, the real estate is recorded at the lower of carrying value or the estimated fair value of the asset, net of estimated selling costs. Since June 30, 2011, leasing activity has been lower than originally anticipated and we have continued to provide funds to meet Sherburne Commons’ operating shortfalls. As a result, at the time the property was reclassified as real estate held for sale, we reduced our cash flow forecasts for purposes of determining whether the property was impaired. As a result of expected reduced leasing activity which reduced our cash flow forecasts for Sherburne Commons, we were required to adjust the property to its estimated fair value, net of estimated selling costs resulting in an impairment charge of $4.8 million in 2011.
	As of December 31, 2013 and 2012, adjusted cost, net of accumulated depreciation and amortization related to real estate and related intangible lease assets and liabilities of the VIE held for sale were as follows:
		Buildings and		Acquired Above		In-Place Lease		Acquired
		Improvements		Market Leases		Value		Below-Market
								Leases
	Net investments in real estate and	$	688,000	$	3,172,000	$	45,000	$	-145,000
	related intangible lease assets (liabilities) of
	VIE held for sale

Payables_to_Related_Parties

Payables to Related Parties	12 Months Ended
	Dec. 31, 2013
Related Party Transaction, Due From (To) Related Party [Abstract]	'
Payable to Related Party [Text Block]	'
	11. Payables to Related Parties
	Payables to related parties consists of asset management fees and expense reimbursement payable.

Equity

Equity	12 Months Ended
	Dec. 31, 2013
Equity [Abstract]	'
Stockholders' Equity Note Disclosure [Text Block]	'
	12. Equity
	Common Stock
	Our articles of incorporation authorize 290,000,000 shares of common stock with a par value of $0.001 and 10,000,000 shares of preferred stock with a par value of $0.001. As of December 31, 2013 and 2012, we had cumulatively issued approximately 20.9 million shares of common stock for a total of $167.1 million of gross proceeds, exclusive of shares issued under our distribution reinvestment plan. On November 23, 2010, we stopped making and accepting offers to purchase shares of our stock.  Effective December 14, 2010, we suspended our distribution reinvestment plan and any distributions paid subsequent to December 14, 2010 have been in cash.  No distributions have been declared or paid for periods subsequent to June 30, 2012 (see Note 2).
	Employee and Director Incentive Stock Plan
	We adopted an Employee and Director Incentive Stock Plan (the “Plan”) which grants awards of stock to directors, full-time employees, and other eligible participants that provide services to us. We have no employees, and do not intend to grant awards under the Plan to persons who are not directors. Awards granted under the Plan may consist of nonqualified stock options, incentive stock options, restricted stock, share appreciation rights, and distribution equivalent rights. The term of the Plan is ten years and the total number of shares of common stock reserved for issuance under the Plan is equal to 10% of our outstanding shares of stock at any time.
	Effective January 1, 2006, we adopted the provisions of ASC 718, Compensation – Stock Compensation, which requires the measurement and recognition of compensation expense for all share-based payment awards to employees and directors based on estimated fair values. As of December 31, 2013, we had granted to our independent, non-employee directors nonqualified stock options to purchase an aggregate of 80,000 shares of common stock, at an exercise price of $8.00 per share. Of these shares, 15,000, 20,000, and 5,000 shares lapsed and were canceled on November 8, 2008, April 5, 2012, and July 2, 2012, respectively, due to the resignations of three  directors.
	Outstanding stock options became immediately exercisable in full on the grant date, will expire ten years after their grant date, and had no intrinsic value as of December 31, 2013. We did not incur any non-cash compensation expense for the years ended December 31, 2013 and 2012. No stock options were exercised or canceled during the years ended December 31, 2013 and 2012. We record compensation expense for non-employee stock options based on the estimated fair value of the options on the date of grant using the Black-Scholes option-pricing model. These assumptions include the risk-free interest rate, the expected life of the options and the expected stock price volatility over the expected life of the options, and the expected distribution yield. Compensation expense for employee stock options is recognized ratably over the vesting term.
	The expected life of the options was based on evaluations of expected future exercise behavior. The risk-free interest rate was based on the U.S. Treasury yield curve at the date of grant with maturity dates approximating the expected term of the options at the date of grant. Volatility was based on historical volatility of the stock prices for a sample of publicly traded companies with risk profiles similar to ours. The valuation model applied in this calculation utilizes highly subjective assumptions that could potentially change over time, including the expected stock price volatility and the expected life of an option. Therefore, the estimated fair value of an option does not necessarily represent the value that will ultimately be realized by an independent, non-employee director.
	Our equity compensation plan information as of December 31, 2013 and 2012 is as follows:
	Plan Category		Number of		Weighted Average		Number of Securities
			Securities to be		Exercise Price of		Remaining Available
			Issued Upon		Outstanding Options,		for Future Issuance
			Exercise of		Warrants and Rights
			Outstanding Options,
			Warrants and Rights
	Equity
	compensation			40,000	$	8		See footnote	-1
	plans approved
	by security
	holders
	Equity
	compensation			—		—		—
	plans not
	approved by
	security holders
	Total			40,000	$	8		See footnote	-1
		-1	Our Employee and Director Incentive Stock Plan was approved by our security holders and provides that the total number of shares issuable under the plan is a number of shares equal to ten percent (10%) of our outstanding common stock. The maximum number of shares that may be granted under the plan with respect to “incentive stock options” within the meaning of Section 422 of the Internal Revenue Code is 5,000,000. As of December 31, 2013 and 2012, there were approximately 23.0 million shares of our common stock issued and outstanding.

Related_Party_Transactions

Related Party Transactions	12 Months Ended
	Dec. 31, 2013
Related Party Transactions [Abstract]	'
Related Party Transactions Disclosure [Text Block]	'
	13. Related Party Transactions
	Our Company has no employees. Our Advisor is primarily responsible for managing our business affairs and carrying out the directives of our board of directors. We have an Advisory Agreement with the Advisor which entitles the Advisor to specified fees upon the provision of certain services with regard to the investment of funds in real estate projects, among other services, as well as reimbursement of certain costs and expenses incurred by the Advisor in providing services to us.
	Advisory Agreement
	Under the terms of the Advisory Agreement, the Advisor will use commercially reasonable efforts to present to us investment opportunities to provide a continuing and suitable investment program consistent with the investment policies and objectives adopted by our board of directors. The Advisory Agreement calls for the Advisor to provide for our day-to-day management and to retain property managers and leasing agents, subject to the authority of our board of directors, and to perform other duties (see Note 18).
	The fees and expense reimbursements payable to the Advisor under the Advisory Agreement are described below. As discussed below, we amended the Advisory Agreement on July 31, 2012.
	Organizational and Offering Costs - Organizational and offering costs of our Offerings have been paid by the Advisor on our behalf and have been reimbursed to the Advisor from the proceeds of our Offerings. Organizational and offering costs consist of all expenses (other than sales commissions and the dealer manager fee) to be paid by us in connection with our Offerings, including our legal, accounting, printing, mailing and filing fees, charges of our escrow holder and other accountable offering expenses, including, but not limited to, (i) amounts to reimburse the Advisor for all marketing-related costs and expenses such as salaries and direct expenses of employees of the Advisor and its affiliates in connection with registering and marketing our shares; (ii) technology costs associated with the offering of our shares; (iii) the costs of conducting our training and education meetings; (iv) the costs of attending retail seminars conducted by participating broker-dealers; and (v) payment or reimbursement of bona fide due diligence expenses. In no event will we have any obligation to reimburse the Advisor for organizational and offering costs totaling in excess of 3.5% of the gross proceeds from our Primary Offering and Follow-On Offering. At times during our offering stage, before the maximum amount of gross proceeds has been raised, the amount of organization and offering expenses that we incur, or that our Advisor and its affiliates incur on our behalf, may exceed 3.5% of the gross offering proceeds then raised.
	Inception to date as of December 31, 2012, the Advisor and its affiliates have incurred on our behalf organizational and offering costs totaling $5.6 million including $0.1 million that was expensed and $5.5 million which reduced net proceeds of our Offerings. Of the $5.5 million amount, $4.4 million reduced the net proceeds of our Primary Offering and $1.1 million reduced the net proceeds of our Follow-On Offering.
	On June 10, 2012, our Follow-on Offering terminated. Our Advisory Agreement provides for reimbursement by the Advisor for organizational and offering costs in excess of 3.5% of the gross proceeds from our Primary Offering and Follow-On Offering. Under the Advisory Agreement, within 60 days after the end of the month in which our Follow-on Offering terminates, the Advisor is obligated to reimburse us to the extent that the organization and offering expenses related to our Follow-on Offering borne by us exceeds 3.5% of the gross proceeds of the Follow-on Offering. As of June 10, 2012, we had reimbursed our Advisor a total of $1.1 million in organizational and offering costs related to our Follow-on Offering, of which $1.0 million was in excess of the contractual limit. Consequently, in the second quarter of 2012, we recorded a receivable from the Advisor for $1.0 million reflecting the excess reimbursement. However, based on our evaluation of various factors related to collectability of this receivable, we reserved the full amount of the receivable as of June 30, 2012. On December 31, 2012, we reduced our reserve by $0.1 million as it became probable that we would collect this amount during 2013. During 2013, we collected and recognized approximately an additional $0.1 million.  No assurances can be made when additional payments, if any, will occur.
	Acquisition Fees and Expenses - In the third quarter of 2012, we amended our Advisory Agreement to change the acquisition fee payable to the Advisor from an amount equal to 2.0% of the gross proceeds raised from our Offerings to an amount not to exceed 2.0% of the purchase price of an acquired property. For the years ended December 31, 2013 and 2012, the Advisor earned $ 0.5 million and $0.6 million of acquisition fees. These fees are included in real estate acquisition costs on our Consolidated Statements of Operations.
	Management Fees and Expenses - Prior to October 1, 2011, the Advisory Agreement required us to pay the Advisor a monthly asset management fee of one-twelfth of 1.0% of the Average Invested Assets (as defined in the Advisory Agreement). On August 31, 2011, we amended the Advisory Agreement to provide that, beginning on October 1, 2011, the asset management fee payable by us to our Advisor shall be reduced to a monthly rate of one-twelfth of 0.75% of our Average Invested Assets, as defined above. For the years ended December 31, 2013 and 2012, the Advisor earned $0.8 million and $0.8 million, respectively, of asset management fees which were expensed and included in asset management fees and expenses in our consolidated statements of operations.
	In addition, we reimburse the Advisor for the direct and indirect costs and expenses incurred by the Advisor in providing asset management services to us, including personnel and related employment costs related to providing asset management services on our behalf. These fees and expenses are in addition to management fees that we pay to third party property managers. For the years ended December 31, 2013 and 2012, the Advisor reimbursed $0.3 million and $0.2 million, respectively, of such direct and indirect costs and expenses on our behalf, which are included in asset management fees and expenses in our consolidated statements of operations.
	Operating Expenses- The Advisory Agreement provides for reimbursement of the Advisor’s direct and indirect costs of providing administrative and management services to us. For the years ended December 31, 2013 and 2012, $1.3 million and $1.3 million of such costs, respectively, were reimbursed and are included in general and administrative expenses in our consolidated statements of operations.
	Pursuant to provisions contained in our charter and in our Amended and Restated Advisory Agreement with our Advisor, our board of directors has the ongoing responsibility of limiting our total operating expenses for the trailing four consecutive quarters to amounts that do not exceed the greater of 2% of our average invested assets or 25% of our net income, calculated in the manner set forth in our charter, unless a majority of the directors (including a majority of the independent directors) has made a finding that, based on unusual and non-recurring factors that they deem sufficient, a higher level of expenses is justified (the “2%/25% Test”). In the event that a majority of the directors (including a majority of the independent directors) does not determine that such excess expenses are justified, our Advisor must reimburse to us the amount of the excess expenses paid or incurred (the “Excess Amount”).
	For the four-fiscal-quarter period ended December 31, 2013, our total operating expenses again exceeded the greater of 2% of our average invested assets and 25% of our net income. We incurred operating expenses of approximately $4.3 million and incurred an Excess Amount of approximately $2.2 million during the four-fiscal-quarters ended December 31, 2013. Our Board of Directors, including a majority of our independent directors, has determined that this Excess Amount is justified because of unusual and non-recurring factors such as our small size (for a public reporting company) and the costs of repositioning of our real estate investments. Notwithstanding such justification and as a condition to such justification, the Advisor has again agreed that the Excess Amount for the four-fiscal-quarter period ended December 31, 2013 shall be carried over and included in total operating expenses in subsequent periods for purposes of the 2%/25% Test.  The board of directors will continue to monitor the appropriateness of the expenses and the Advisor’s fees and consider options to reduce the Company’s expense structure.
	Property Management and Leasing Fees and Expenses. The Advisory Agreement provides that if we retain our Advisor or an affiliate to manage and lease some of our properties, we will pay a market-based property management fee or property leasing fee, which may include reimbursement of our Advisor’s or affiliate’s personnel costs and other costs of managing the properties. For the years ended December 31, 2013 and 2012, the Advisor earned approximately $163,000 and $31,000 respectively, of such property management fees. On July 31, 2012, we executed a Property Management and Leasing Agreement with the Advisor pursuant to which it will perform property management and leasing services with respect to our healthcare properties. This agreement stipulates that when the Advisor identifies tenants and negotiates a lease on our behalf for the healthcare properties, we will pay to the Advisor a market based leasing fee. For the years ended December 31, 2013 and 2012, the Advisor earned approximately $1.2 million and $1.4 million of leasing fees, respectively. These costs are included in property operating and maintenance expenses in our consolidated statements of operations.
	Disposition Fee - The Amended and Restated Advisory Agreement provides that if the Advisor or its affiliates provide a substantial amount of the services (as determined by a majority of our directors, including a majority of our independent directors) in connection with the sale of one or more properties, we will pay the Advisor or such affiliate a disposition fee up to 1% of the sales price of such property or properties upon closing. This disposition fee may be paid in addition to real estate commissions paid to non-affiliates, provided that the total real estate commissions (including such disposition fee) paid to all persons by us for each property shall not exceed an amount equal to the lesser of (i) 6% of the aggregate contract sales price of each property or (ii) the competitive real estate commission for each property. We will pay the disposition fees for a property at the time the property is sold. For the years ended December 31, 2013 and 2012 the Advisor earned $0.6 million and $0, respectively, of such disposition fees.
	Subordinated Participation Provisions - The Advisor is entitled to receive a subordinated participation upon the sale of our properties, listing of our common stock or termination of the Advisor, as follows:
		⋅	After stockholders have received cumulative distributions equal to $8.00 per share (less any returns of capital) plus cumulative, non-compounded annual returns on net invested capital, the Advisor will be paid a subordinated participation in net sales proceeds ranging from a low of 5% of net sales proceeds provided investors have earned annualized returns of 6% to a high of 15% of net sales proceeds if investors have earned annualized returns of 10% or more.
		⋅	Upon termination of the Advisory Agreement, the Advisor will receive the subordinated performance fee due upon termination. This fee ranges from a low of 5% of the amount by which the sum of the appraised value of our assets minus our liabilities on the date the Advisory Agreement is terminated plus total distributions (other than stock distributions) paid prior to termination of the Advisory Agreement exceeds the amount of invested capital plus annualized returns of 6%, to a high of 15% of the amount by which the sum of the appraised value of our assets minus our liabilities plus all prior distributions (other than stock distributions) exceeds the amount of invested capital plus annualized returns of 10% or more.
		⋅	In the event we list our stock for trading, the Advisor will receive a subordinated incentive listing fee instead of a subordinated participation in net sales proceeds. This fee ranges from a low of 5% of the amount by which the market value of our common stock plus all prior distributions (other than stock distributions) exceeds the amount of invested capital plus annualized returns of 6%, to a high of 15% of the amount by which the sum of the market value of our common stock plus all prior distributions (other than stock distributions) exceeds the amount of invested capital plus annualized returns of 10% or more.
	For the years ended December 31, 2013 and 2012, we did not incur any subordinated participation fees.
	Dealer Manager Agreement
	Pacific Cornerstone Capital, Inc. (“PCC”), an affiliate of our Advisor, was the dealer manager for our initial and follow-on public offerings, prior to our follow-on offering expiring on June 10, 2012. As such, PCC was entitled to receive a sales commission of up to 7% of gross proceeds from sales in the primary offerings. PCC was also entitled to receive a dealer manager fee equal to up to 3% of gross proceeds from sales in the primary offerings. Dealer manager fees and sales commissions paid to PCC are a cost of capital raised and, as such, are included as a reduction of additional paid in capital in the accompanying consolidated balance sheets. PCC was also entitled to receive reimbursement of bona fide due diligence expenses up to 0.5% of the gross proceeds from sales in the primary offerings. The Advisory Agreement required the Advisor to reimburse us to the extent that offering expenses including sales commissions, dealer manager fees and organization and offering expenses (but excluding acquisition fees and acquisition expenses discussed above) were in excess of 13.5% of gross proceeds from our primary offerings. The dealer manager agreement with PCC effectively terminated on November 23, 2010 pursuant to the terms of that agreement.

Notes_Payable

Notes Payable	12 Months Ended
	Dec. 31, 2013
Debt Disclosure [Abstract]	'
Debt Disclosure [Text Block]	'
	14. Notes Payable
	We have total debt obligations of $52.8 million that will mature between 2016 and 2018. In connection with our notes payable, we incurred financing costs totaling $1.2  million and $1.1 million, as of December 31, 2013 and 2012, respectively. These financing costs have been capitalized and are being amortized over the life of their respective financing agreements. During the years ended December 31, 2013 and 2012, 0.2  million and $ 0.4 million respectively, of deferred financing costs were amortized and included in interest expense in our consolidated statements of operations.
	Wells Fargo Bank, National Association
	In the first quarter of 2013, we sold the Carter property for cash proceeds of $1.7 million and used $0.6 million to pay down the loan with Wells Fargo Bank, National Association (“Wells Fargo”). In the third quarter of 2013, we sold two of the four Shoemaker Industrial buildings, Goldenrod Commerce Center, Hanging Moss Commerce Center, Monroe South Commerce Center and Monroe North Commerce Center for $24.0 million in cash and used $5.6 million of the proceeds to pay off the Wells Fargo loan in its entirety. During the years ended December 31, 2013 and 2012, we incurred $0.1 million and $0.3 million of interest expense, respectively.
	Transamerica Life Insurance Company
	The Transamerica Life Insurance Company (“Transamerica”) loan agreement was secured by the Monroe North Commerce Center Property. On September 6, 2013, we sold this property, along with three other industrial properties, and used $6.7 million of the net proceeds to pay-off the Transamerica loan of $6.3 million and paid a prepayment penalty fee of $0.4 million. During the years ended December 31, 2013 and 2012, we incurred $0.3 million and $0.4 million of interest expense, respectively.
	Seller Loan
	On August 1, 2012, upon the acquisition of the Fernhill and Sheridan properties, we entered into a loan agreement with the sellers, Sheridan Care Center LLC, Sheridan Properties LLC, Fernhill Estates LLC, and Fernhill Properties LLC, for a loan (the “Seller Loan”) in the aggregate amount of approximately $5.8 million secured by security interests in the two properties. The Seller Loan, which bore interest fixed at 5.0%, had a maturity date of on March 15, 2013, at which time all outstanding principal, accrued and unpaid interest and any other amounts due under the loan agreement would become due. The Seller Loan was interest-only and could be voluntarily prepaid in its entirety prior to the maturity date without penalty. Interest payments on the Seller Loan were due monthly. The principal balance of the Seller Loan was paid off in full on September 14, 2012 with the proceeds of the GE Healthcare Loan (described below). During the year ended December 31, 2012, we incurred $23,000 of interest expense related to this Seller Loan.
	General Electric Capital Corporation – Western Property
	On September 7, 2012, we entered into a loan agreement (the “Western Loan”) with General Electric Capital Corporation for a loan in the aggregate amount of approximately $8.9 million, secured by the 20100 Western Avenue property. On January 23, 2013, we sold the 20100 Western Avenue property for cash proceeds of $17.6 million and paid off the entire balance of the Western Loan. The Western Loan, which bore interest at LIBOR plus 4.30%, with a LIBOR floor of 0.25%, was due to mature on September 30, 2014. The Western Loan was scheduled to be interest only through November 1, 2013, at which time it would begin amortizing over a 30-year period. During the year ended December 31, 2012, we incurred $134,000 of interest expense related to this loan agreement.
	General Electric Capital Corporation – Healthcare Properties
	On September 13, 2012, we entered into a loan agreement with General Electric Capital Corporation (“GE Healthcare Loan”) for a loan in the aggregate amount of approximately $16.5 million secured by security interests in the Medford Facility and Galveston Facility. Additionally, we used part of the loan proceeds to repay the entire principal balance of the Seller Loan of $5.8 million. Consequently, the GE Healthcare Loan is also secured, in part, by the Fernhill and Sheridan properties. On December 21, 2012, we amended the loan agreement with General Electric Capital Corporation entered into on September 13, 2012 for an additional loan in the amount of $6.15 million secured by the Pacific property. The loan bears interest at LIBOR (London Interbank Offer Rate), with a floor of 50 basis points, plus a spread of 4.50%, and matures on September 12, 2017, at which time all outstanding principal, accrued and unpaid interest and any other amounts due under the loan agreement will become due. The GE Healthcare Loan was interest-only for the first twelve months (known as the “lockout period”) and amortizes over a 25 year period thereafter.  The loan may be voluntarily prepaid during the lockout period provided the borrower pays a penalty equal to the sum of the LIBOR Breakage Amount, as defined in the, GE Healthcare Loan Agreement and two percent of the outstanding balance of the loan. The GE Healthcare Loan may be prepaid with no penalty after the expiration of the lockout period, which has expired. Interest payments on the GE Healthcare Loan are due monthly. As of December 31, 2013, we were in compliance with all covenants. The monthly payment on this GE Healthcare Loan is approximately $0.1 million. As of December 31, 2013 and December 31, 2012, we had net borrowings of approximately $28.3 million and $28.5 million under the loan agreement, respectively. During the years ended December 31, 2013 and 2012, we incurred $1.4 million and $0.4 million, respectively, of interest expense related to this loan agreement.
	The principal payments due on the loan for each of the four following years ended December 31 are as follows:
	Year	Principal
		Amount
	2014	$	492,000
	2015		523,000
	2016		551,000
	2017		26,728,000
	Subtotal	$	28,294,000
	General Electric Capital Corporation – Aledo Property
	On July 2, 2013, we entered into a loan agreement with GE for a loan (the “Aledo Loan”) in the aggregate principal amount of $5.9 million secured by a first lien security interest in the Heritage Woods of Aledo facility. The Aledo Loan, which bears interest for the first 12 months at 90-day LIBOR plus 4.50%, with a LIBOR floor of 0.50%, matures on July 1, 2018, at which time all outstanding principal, accrued and unpaid interest and any other amounts due under the Aledo Loan will become due. The Aledo Loan is interest only for the first 12 months of the loan, and amortizes over a 25 year period with a 6.00% fixed interest rate thereafter. The Aledo Loan may not be prepaid for the first 12 months of the loan. After the 12 months lockout period, the loan may be prepaid without penalty. If certain conditions are met, primarily adding an additional asset to the loan to be cross collateralized with the Heritage Woods of Aledo property, the Company may borrow an additional $0.9 million on the Aledo Loan. As of December 31, 2013, we had net borrowings of approximately $5.9 million under the loan agreement. During the year ended December 31, 2013, we incurred $149,000 of interest expense related to the Aledo Loan.
	The principal payments due on the Aledo Loan for each of the five following years ending December 31 are as follows:
	Year	Principal Amount
	2014	$	56,000
	2015		119,000
	2016		125,000
	2017		132,000
	2018		5,418,000
	Subtotal	$	5,850,000
	The PrivateBank and Trust Company – Winston-Salem Property
	On January 31, 2013, we entered into a loan agreement with The PrivateBank and Trust Company for a loan (the “PB Loan”) in the aggregate principal amount of $7.3 million secured by a first lien security interest in the Danby House facility. The PB Loan, which bears interest at one-month LIBOR plus 4.00%, with a LIBOR floor of 1.00% or the Prime Rate plus 1.75%, with an all-in floor of 5.00%, matures on January 30, 2016, at which time all outstanding principal, accrued and unpaid interest and any other amounts due under the PB Loan will become due. The PB Loan amortizes over 25 years, with principal amounts being paid into a sinking fund. The PB Loan may be prepaid with no penalty if refinanced through the U.S. Department of Housing and Urban Development (“HUD”). As of December 31, 2013, we had net borrowings of approximately $7.3 million under the loan agreement. During the year ended December 31, 2013, we incurred $339,000 of interest expense related to the PB Loan.
	The principal payments, including payments to be made to the sinking fund, due on the PB loan for each of the three following years ending December 31 are as follows:
	Year	Principal
		Amount
	2014	$	170,000
	2015		179,000
	2016		6,926,000
	Subtotal	$	7,275,000
	We intend to refinance this loan with HUD insured debt to be secured by the Danby House property. In the fourth quarter of 2013, we have filed loan applications with HUD and have paid $0.4 million in fees and expenses associated with the refinancing. Such amounts have been capitalized and are included in deferred financing costs on the accompanying consolidated financial statements. While there can be no assurances made with respect to the HUD refinancing, we expect these HUD loans to close in the first quarter of 2014.
	The PrivateBank and Trust Company – North Carolina Portfolio
	On October 4, 2013, we entered into a loan agreement with The PrivateBank and Trust Company (“North Carolina Loan”) for a loan in the aggregate amount of $11.4 million secured by a first lien security interest in the Carteret House, Hamlet House, and Shelby House properties. The loan, which bears interest at LIBOR, with a floor of 100 basis points, plus a spread of 4.25%, matures on October 3, 2016, at which time all outstanding principal, accrued and unpaid interest and any other amounts due under the loan agreement will become due. The Loan requires that the payment of principal, based on a 25 year amortization schedule, be deposited into a sinking fund. The loan may be prepaid with no penalty if the Properties are refinanced through HUD. Interest payments on the Loan are due monthly. As of December 31, 2013, we had net borrowings of approximately $11.4 million under the loan agreement. During the year ended December 31, 2013, we incurred $148,000 of interest expense related to the North Carolina Loan.
	The principal payments, including payments to be made to the sinking fund, due on the North Carolina Loan for each of the three following years ending December 31 are as follows:
	Year	Principal Amount
	2014	$	233,000
	2015		245,000
	2016		10,922,000
	Subtotal	$	11,400,000

Commitments_and_Contingencies

Commitments and Contingencies	12 Months Ended
	Dec. 31, 2013
Commitments and Contingencies Disclosure [Abstract]	'
Commitments and Contingencies Disclosure [Text Block]	'
	15. Commitments and Contingencies
	We monitor our properties for the presence of hazardous or toxic substances. While there can be no assurance that a material environmental liability does not exist, we are not currently aware of any environmental liability with respect to the properties that would have a material effect on our consolidated financial condition, results of operations and cash flows. Further, we are not aware of any environmental liability or any unasserted claim or assessment with respect to an environmental liability that we believe would require additional disclosure or the recording of a loss contingency.
	Our commitments and contingencies include the usual obligations of real estate owners and operators in the normal course of business. In the opinion of management, these matters are not expected to have a material impact on our consolidated financial condition, results of operations and cash flows. We are also subject to contingent losses related to the notes receivable and note receivable from related party. For further details see Notes 8 and 9. We are not presently subject to any material litigation nor, to our knowledge, any material litigation threatened against us which if determined unfavorably to us would have a material effect on our consolidated financial statements.

Discontinued_Operations

Discontinued Operations	12 Months Ended
	Dec. 31, 2013
Discontinued Operations and Disposal Groups [Abstract]	'
Disposal Groups, Including Discontinued Operations, Disclosure [Text Block]	'
	16. Discontinued Operations
	Divestitures
	In accordance with ASC 360, Property, Plant & Equipment, we report results of operations from real estate assets that meet the definition of a component of an entity that have been sold, or meet the criteria to be classified as held for sale, as discontinued operations.
	Real Estate Held for Sale and Disposed
	In the fourth quarter of 2011 our board of directors authorized us to actively market the Sherburne Commons property, a VIE that we began consolidating on June 30, 2011 (see Note 10). As of December 31, 2013 and 2012, the property has been classified as assets of variable interest entity held for sale and liabilities of variable interest entity held for sale and the results of operations for the variable interest entity held for sale have been presented in discontinued operations on the accompanying consolidated statements of operations for all periods presented.
	No real estate investments were disposed in 2012.
	On December 17, 2012, we became obligated under a purchase and sale agreement to sell our Carter Commerce Center property for a sale price of $1.7 million and recorded an impairment charge of $1.5 million related to this property. On January 30, 2013, we sold our Carter Commerce Center property to Carter Commerce Center, LLC, an unrelated third party, for a sale price of $1.7 million and used $0.6 million of the proceeds to pay down the Wells Fargo loan secured by the property. The property, located at 890 Carter Road, Orlando, Florida, is a 49,125 square feet industrial building we acquired in November 2007.
	On December 31, 2012, we became obligated under a purchase and sale agreement to sell our 20100 Western Avenue property for approximately $17.6 million. On January 23, 2013, we sold Western Avenue to MMB Management, LLC, an unrelated third party, for a sale price of $17.6 million and used $8.9 million of the proceeds to pay off the GE loan related to the property. The property is located at 20100 Western Avenue, Torrance, California and is an 116,433 square feet industrial building which we acquired in December 2006.
	On June 27, 2013, we sold one of the two Marathon Center property buildings to Marathon Acquisitions, LLC, an unrelated third party, for $0.9 million in cash. Marathon Center, located in Tampa Florida, is a 25,117 square foot industrial property we acquired in April 2007.
	On June 28, 2013, we sold the second of the two Marathon Center property buildings to Sulmor LLC, an unrelated third party, for $1.2 million in cash. Marathon Center, located in Tampa Florida, is a 26,903 square foot industrial property we acquired in April 2007.
	On July 26, 2013, we sold our Santa Fe property to an unrelated third party for $1.7 million in cash. The property consists of 12,200 square feet of industrial space. We acquired the property in August 2010.
	On August 5, 2013, we sold one of the four Shoemaker Industrial Buildings to an unrelated third party, for $0.6 million in cash. We used $0.4 million of the proceeds to pay down the Wells Fargo loan secured by the property. The Shoemaker Industrial building that was sold is located in Santa Fe Springs, California.
	On August 14, 2013, we sold the second of the four Shoemaker Industrial Buildings to an unrelated third party, for $0.5 million in cash and used $0.4 million of the proceeds to pay down the Wells Fargo loan secured by the property. The Shoemaker Industrial building that was sold is located in Santa Fe Springs, California.
	On September 6, 2013, we sold the Goldenrod Commerce Center, Hanging Moss Commerce Center, Monroe South Commerce Center and Monroe North Commerce Center properties to an unrelated third party for $24.0 million in cash. The Properties collectively comprise 526,694 square feet of industrial space we acquired from November 2007 through April 2008. We used $11.5 million of the sales proceeds to pay off the Wells Fargo Bank and Transamerica Life Insurance Company loans secured by the properties (see Note 14) and paid a prepayment penalty of $0.4 million related to the Transamerica loan.
	On October 28, 2013, we sold the third of four Shoemaker Industrial buildings to an unrelated third party, for $0.6 million in cash. The Shoemaker Industrial Buildings are located in Santa Fe Springs, California.
	On November 26, 2013, we sold the last Shoemaker Industrial building to an unrelated third party, for $0.5 million in cash.
	The following is a summary of the components of income (loss) from discontinued operations for the years ended December 31, 2013 and 2012:
		2013		2012
	Rental revenues, tenant reimbursements and other income	$	4,373,000	$	6,282,000
	Operating expenses, real estate taxes, and interest expense		-4,957,000		-5,234,000
	Depreciation and amortization		-506,000		-1,519,000
	Impairment of real estate		-3,368,000		-2,077,000
	Gain on sales of real estate, net		5,967,000		—
	Income (loss) from discontinued operations	$	1,509,000	$	-2,548,000
	For the years ended December 31, 2013 and 2012, we recorded impairment charges of $3.4 million and $2.1 million, respectively, related to real estate held for sale and these impairment charges are classified in discontinued operations in our consolidated statements of operations for the following properties:
	Property	2013		2012
	Carter Commerce Center	$	—		937,000
	Goldenrod Commerce Center		657,000		—
	Hanging Moss Commerce Center		1,034,000		—
	Monroe Commerce Centers		1,677,000		—
	Nantucket		—		1,140,000
		$	3,368,000	$	2,077,000
	The fair values of the properties impaired in 2012 and 2013 were based on offers received for the properties.
	The following table presents balance sheet information for the properties classified as held for sale as of December 31:
		2013		2012
	Investments in real estate:
	Land	$	—	$	11,525,000
	Buildings and improvements, net		—		31,406,000
	Intangible lease assets, net		—		32,000
	Real estate held for sale, net	$	—	$	42,963,000
	Other assets:
	Tenant and other receivables, net	$	—	$	671,000
	Leasing commissions, net		—		481,000
	Other assets		—		736,000
	Non-real estate assets associated with real estate held for sale	$	—	$	1,888,000
	Assets of variable interest entity held for sale:
	Cash and cash equivalents	$	124,000	$	68,000
	Investments in real estate, net		3,905,000		3,905,000
	Accounts receivable, inventory and other assets		270,000		291,000
	Total Assets	$	4,299,000	$	4,264,000
	Liabilities:
	Accounts payable and accrued liabilities	$	—	$	421,000
	Interest payable		—		—
	Tenant security deposits		—		497,000
	Intangible lease liabilities, net		—		—
	Notes payable		—		21,844,000
	Liabilities associated with real estate held for sale	$	—	$	22,762,000
	Liabilities of variable interest entity held for sale:
	Note payable	$	1,332,000	$	1,332,000
	Loan payable		219,000		222,000
	Accounts payable and accrued liabilities		600,000		454,000
	Intangible lease liabilities, net		145,000		145,000
	Interest payable		473,000		299,000
Liabilities of variable interest entity held for sale	$	2,769,000	$	2,452,000
Purchase Options
As of December 31, 2013, the Company has a property with a book value of approximately $8.1 million that is subject to a purchase option that becomes exercisable during 2014. The option provides the option holder with the right to purchase the property at increasing exercise price intervals based on elapsed time. The option expires August 13, 2022.

Segment_Reporting

Segment Reporting	12 Months Ended
	Dec. 31, 2013
Segment Reporting [Abstract]	'
Segment Reporting Disclosure [Text Block]	'
	17. Segment Reporting
	ASC 280, Segment Reporting, establishes standards for reporting financial and descriptive information about an enterprise’s reportable segments. Historically we have operated in one reportable segment: industrial, which consisted of multi-tenant industrial properties offering a combination of warehouse and office space adaptable to a broad range of tenants and uses typically catering to local and regional businesses. With the acquisitions of healthcare real estate in mid-2012, we began to operate in two reportable segments: industrial and healthcare. Our healthcare segment consists of senior-housing facilities leased to healthcare operating companies under long-term “triple-net” or “absolute-net” leases, which require the tenants to pay all property-related expenses. We lease our healthcare properties to five different operators, each of which comprise over ten percent of our healthcare segment revenue. The Sherburne Commons property continues to be reported as held for sale (see Note 16) and the results of its operations have been reported in discontinued operations.
	As part of our transition strategy, we sold the remaining industrial properties in 2013. Therefore, for the year ended December 31, 2013 and 2012, all the industrial properties have been reclassified as held for sale (see Note 16) and the results of its operations are now all reported in discontinued operations for all periods presented.

Subsequent_Events

Subsequent Events	12 Months Ended
	Dec. 31, 2013
Subsequent Events [Abstract]	'
Subsequent Events [Text Block]	'
	18. Subsequent Events
	On March 17, 2014, we delivered written notice to the Advisor terminating the Advisory Agreement effective May 16, 2014. We are currently working with our Advisor to develop an orderly transition. On March 27, 2014, we received a letter from a law firm purporting to represent the Advisor and certain of its affiliates which made certain assertions against the Company, its directors and officers. Based upon our examination of these assertions, we believe that these assertions are without merit, and to the extent the Advisor files any formal claims, they will be vigorously defended by the Company.
	Beginning in January 2014, the tenant/operator of the Friendship Haven Healthcare and Rehabilitation Center stopped paying rent payments due to us under the lease agreement. On March 18, 2014, We terminated the lease agreement. The Company plans to operate the facility until a long-term lease agreement can be executed with a financially stable tenant/operator. We have initiated preliminary conversations with several prospective replacement tenant/opearators and expect to secure one for the facility by the third quarter of 2014.

Summary_of_Significant_Account1

Summary of Significant Accounting Policies (Policies)

12 Months Ended

Dec. 31, 2013

Accounting Policies [Abstract]

'

Basis of Accounting, Policy [Policy Text Block]

'

Principles of Consolidation and Basis of Presentation

The consolidated financial statements include the accounts of the Company, its wholly-owned subsidiaries, CHP, LLC (of which the Company owns 95%) and Nantucket Acquisition LLC, a variable interest entity (see Note 10). All intercompany accounts and transactions have been eliminated in consolidation.

The Financial Accounting Standards Board (“FASB”) issued Accounting Standard Codification (“ASC”) 810, Consolidation, which addresses how a business enterprise should evaluate whether it has a controlling interest in an entity through means other than voting rights and accordingly should consolidate the entity. Before concluding that it is appropriate to apply the voting interest consolidation model to an entity, an enterprise must first determine that the entity is not a variable interest entity. We evaluate, as appropriate, our interests, if any, in joint ventures and other arrangements to determine if consolidation is appropriate.

Use of Estimates, Policy [Policy Text Block]

'

Use of Estimates

The preparation of our consolidated financial statements requires us to make estimates and judgments that affect the reported amounts of assets, liabilities, revenues and expenses. We base these estimates on various assumptions that we believe to be reasonable under the circumstances, and these estimates form the basis for our judgments concerning the carrying values of assets and liabilities that are not readily apparent from other sources. We periodically evaluate these estimates and judgments based on available information and experience. Actual results could differ from our estimates under different assumptions and conditions. If actual results significantly differ from our estimates, our financial condition and results of operations could be materially impacted.

Cash and Cash Equivalents, Policy [Policy Text Block]

'

Cash and Cash Equivalents

We consider all short-term, highly liquid investments that are readily convertible to cash with a maturity of three months or less at the time of purchase to be cash equivalents.

Cash and Cash Equivalents, Restricted Cash and Cash Equivalents, Policy [Policy Text Block]

'

Restricted Cash

Restricted cash represents cash held in interest bearing accounts related to impound reserve accounts for property taxes, insurance and capital improvements or commitments as required under the terms of mortgage loan agreements. Based on the intended use of the restricted cash, we have classified changes in restricted cash within the statements of cash flows as operating.

Real Estate, Policy [Policy Text Block]

'

Investments in Real Estate

We allocate the purchase price of our properties in accordance with ASC 805 – Business Combinations. Upon acquisition of a property, we allocate the purchase price of the property based upon the fair value of the assets acquired and liabilities assumed, which generally consists of land, buildings, site improvements, furniture and fixtures and intangible lease assets or liabilities, including in-place leases, above-market and below-market leases. We allocate the purchase price to the fair value of the tangible assets of an acquired property by valuing the property as if it were vacant. We are required to make subjective assessments as to the estimated useful lives of our depreciable assets. We consider the period of future benefit of the assets to determine the appropriate estimated useful lives. Depreciation of our assets is being charged to expense on a straight-line basis over the estimated useful lives. We depreciate the fair value allocated to building and improvements over estimated useful lives ranging from 15 to 39 years.

We estimate the value of furniture and fixtures based on the assets’ depreciated replacement cost. We depreciate the fair value allocated to furniture and fixtures over estimated useful lives ranging from three to six years.

In-place lease values are calculated based on management’s evaluation of the expense that would be incurred to acquire a new tenant to occupy the leased space.

Acquired above- and below-market leases are valued based on the present value of the difference between prevailing market rates and the in-place rates over the remaining lease terms. The value of acquired above- and below-market leases is amortized over the remaining non-cancelable terms of the respective leases as an adjustment to rental revenue on our consolidated statements of operations. Our policy is to consider any bargain periods in the calculation of fair value of below-market leases and to amortize below-market leases over the remaining non-cancelable lease term plus any bargain renewal periods in accordance with FASB ASC 840, Leases, as determined by the Company’s management at the time it acquires real property with an in-place lease. The renewal option rates for our acquired leases do not include any fixed-rate options and, instead, contain renewal options that are based on fair value terms at the time of renewal. Accordingly, no fixed-rate renewal options were included in the fair value of below-market leases acquired and the amortization period is based on the acquired non-cancelable lease term.

We amortize the value of in-place leases and above- and below-market leases over the initial term of the respective leases. Should a tenant terminate its lease, the unamortized portion of the above- or below-market lease value will be charged to revenue. If a lease is terminated prior to its expiration, the unamortized portion of the tenant improvements, intangible lease assets or liabilities and the in-place lease value will be immediately charged to expense.

In an effort to control the rapidly escalating costs of health care, the state of Oregon has implemented a certificate of need (“CON”) program pertaining to skilled-nursing facilities. This program requires that a CON is obtained from the state prior to opening such facility. We valued the CON assets related to our Fernhill, Sheridan and Pacific facilities using an income approach. As the CON does not expire and can be sold independently of the facilities, we determined that these assets have indefinite useful lives and consequently are not being amortized.

Depreciation, Depletion, and Amortization [Policy Text Block]

'

Depreciation of Real Property Assets

We are required to make subjective assessments as to the useful lives of our depreciable assets. We consider the period of future benefit of the assets to determine the appropriate estimated useful lives. Depreciation of our assets is charged to expense on a straight-line basis over the estimated useful lives.

Impairment or Disposal of Long-Lived Assets, Policy [Policy Text Block]

'

Impairments

In accordance with ASC 360, Property, Plant, and Equipment, we conduct a comprehensive review of our real estate assets for impairment. ASC 360 requires that asset values be analyzed whenever events or changes in circumstances indicate that the carrying value of a property may not be fully recoverable.

Indicators of potential impairment include the following:

•

Change in strategy resulting in a decreased holding period;

•

Decreased occupancy levels;

•

Deterioration of the rental market as evidenced by rent decreases over numerous quarters;

•

Properties adjacent to or located in the same submarket as those with recent impairment issues;

•

Significant decrease in market price; and/or

•

Tenant financial problems.

The intended use of an asset, either held for sale or held and used, can significantly impact the measurement of asset recoverability. If an asset is intended to be held and used, the impairment analysis is based on a two-step test.

The first test measures estimated expected future cash flows over the holding period, including a residual value (undiscounted and without interest charges), against the carrying value of the property. If the asset fails that test, the asset carrying value is compared to the estimated fair value with the excess of the asset’s carrying value over the estimated fair value recognized as an impairment charge to earnings.

We recorded no impairment charges related to properties held and used in 2013 and 2012. We recorded impairments of $3.4 million and $2.1 million related to assets held for sale during the years ended December 31, 2013 and 2012.

Fair Value Measurement, Policy [Policy Text Block]

'

Fair Value Measurements

ASC 825, Financial Instruments, requires the disclosure of fair value information about financial instruments whether or not recognized on the face of the balance sheet, for which it is practical to estimate that value.

Fair value represents the estimate of the proceeds to be received, or paid in the case of a liability, in a current transaction between willing parties. ASC 820, Fair Value Measurement,  establishes a fair value hierarchy to categorize the inputs used in valuation techniques to measure fair value. Inputs are either observable or unobservable in the marketplace. Observable inputs are based on market data from independent sources and unobservable inputs reflect the reporting entity’s assumptions about market participant assumptions used to value an asset or liability.

Financial assets and liabilities recorded at fair value on the consolidated balance sheets are categorized based on the inputs to the valuation techniques as follows:

Level 1.  Quoted prices in active markets for identical instruments.

Level 2.  Observable inputs other than Level 1 prices, such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities.

Level 3.  Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities.

Assets and liabilities measured at fair value are classified according to the lowest level input that is significant to their valuation. A financial instrument that has a significant unobservable input along with significant observable inputs may still be classified as a Level 3 instrument.

We generally determine or calculate the fair value of financial instruments using quoted market prices in active markets when such information is available or use appropriate present value or other valuation techniques, such as discounted cash flow analyses, incorporating available market discount rate information for similar types of instruments and our estimates for non-performance and liquidity risk. These techniques are significantly affected by the assumptions used, including the discount rate, credit spreads, and estimates of future cash flow.

Our consolidated balance sheets include the following financial instruments: cash and cash equivalents, notes receivable, receivable from related parties, tenant and other receivables, other assets, deferred costs and deposits, deferred financing costs, accounts payable and accrued liabilities, payable to related parties, prepaid rent, security deposits and deferred revenue and loans payable. With the exception of notes receivable, note receivable from related party and notes payable discussed below, we consider the carrying values to approximate fair value for such financial instruments because of the short period of time between origination of the instruments and their expected payment.

As of December 31, 2013 and December 31, 2012, the fair value of notes receivable was $ 0.3 million and $ 1.0 million, compared to the carrying value of $ 0.2  million and $ 0.9  million, respectively. The fair value of notes receivable is estimated by discounting the expected cash flows at current market rates at which management believes similar loans would be made. In December 2011, the Servant Investments and the Servant Healthcare notes receivable were restructured to provide for the settlement of the notes in the amount of $2.5 million, $1.5 million of which was received from the borrower in December 2011. The remaining $1.0 million is payable pursuant to a promissory note of Servant Healthcare which provides for interest at a fixed rate of 5.00% per annum. A principal payment of $0.7 million, plus accrued interest, was paid on December 22, 2013 and the remaining balance of $0.3 million, plus any accrued and unpaid interest, is due on December 22, 2014. As the inputs to our valuation estimate are neither observable in nor supported by market activity, our notes receivable are classified as Level 3 assets within the fair value hierarchy.

As of December 31, 2013 and December 31, 2012, the fair value of notes payable was $52.9 million and $51.0  million, compared to the carrying value of $52.8 million and $50.3  million, respectively. The fair value of notes payable was estimated using lending rates available to us for financial instruments with similar terms and maturities. To estimate fair value as of December 31, 2013, we utilized a discount rate of 5.25%. As the inputs to our valuation estimate are neither observable in nor supported by market activity, our notes payable are classified as Level 3 assets within the fair value hierarchy. The carrying values noted above include notes payable classified on our consolidated balance sheets as liabilities associated with real estate held for sale totaling $0 and $21.8 million as of December 31, 2013 and December 31, 2012, respectively.

As a result of our ongoing analysis for potential impairment of our investments in real estate, including properties classified as held for sale, we were required to adjust the carrying value of certain assets to their estimated fair values as of December 31, 2013 (see Note 4).

There were no assets measured at fair value on a nonrecurring basis during the year ended December 31, 2013.

The following table summarizes the assets measured at fair value on a nonrecurring basis during the year ended December 31, 2012:

Total Fair

Quoted

Significant

Significant

Total

Value

Prices

Other

Unobservable

Losses

Measurement

in Active

Observable

Inputs

for the

Markets

Inputs

(Level 3)

Year

for

(Level 2)

Ended

Identical

December 31, 2012

Assets

(Level 1)

Assets held for sale

$

1,612,000

$

1,612,000

$

—

$

—

$

-937,000

Variable interest entity held for sale

$

3,760,000

$

—

$

3,760,000

$

—

$

-1,140,000

The investments in real estate measured at fair value less estimated selling costs was deemed to be a level one asset as its fair value was derived from an offer for the property for which a purchase and sale agreement had been executed.

The variable interest entity held for sale measured at fair value, less estimated selling costs, during the second quarter of 2012 was deemed to be a Level 2 asset as we had received a formal offer for the property. As of the valuation date, we did not believe that this asset was a Level 1 asset because a purchase and sale agreement had not been executed, giving the potential buyer the right to opt out of the transaction at its discretion.

At December 31, 2013 and December 31, 2012, we do not have any significant financial assets or financial liabilities that are measured at fair value on a recurring basis in our consolidated financial statements.

Consolidation, Variable Interest Entity, Policy [Policy Text Block]

'

Variable Interest Entities

The Company analyzes its contractual and/or other interests to determine whether such interests constitute an interest in a variable interest entity (“VIE”) in accordance with ASC 810, Consolidation, and, if so, whether the Company is the primary beneficiary. If the Company is determined to be the primary beneficiary of a VIE, it must consolidate the VIE. A VIE is an entity with insufficient equity investment or in which the equity investors lack some of the characteristics of a controlling financial interest. In determining whether it is the primary beneficiary, the Company considers, among other things, whether it has the power to direct the activities of the VIE that most significantly impact the entity’s economic performance, including, but not limited to, determining or limiting the scope or purpose of the VIE, selling or transferring property owned or controlled by the VIE, or arranging financing for the VIE. The Company also considers whether it has the obligation to absorb losses of the VIE or the right to receive benefits from the VIE (see Notes 5 and 10).

Trade and Other Accounts Receivable, Unbilled Receivables, Policy [Policy Text Block]

'

Tenant and Other Receivables, net

Tenant and other receivables are comprised of rental and reimbursement billings due from tenants and the cumulative amount of future adjustments necessary to present rental income on a straight-line basis. Tenant receivables are recorded at the original amount earned, less an allowance for any doubtful accounts, which approximates fair value. Management assesses the realizability of tenant receivables on an ongoing basis and provides for allowances as such balances, or portions thereof, are estimated to become uncollectible. For the years ended December 31, 2013 and 2012, (recoveries)/provisions for bad debt amounted to approximately $7,000 and ($13,000), respectively, which are included in property operating and maintenance expenses in the accompanying consolidated statements of operations. Our allowance for doubtful accounts was $ 0 and $0.2 million as of December 31, 2013 and 2012.

Other Assets Net [Policy Text Block]

'

Other Assets, net

Other assets consist primarily of leasing commissions, net of amortization, and prepaid insurance. Additionally, other assets will be amortized to expense over their future service periods. Balances without future economic benefit are expensed as they are identified.

Leasing commissions are stated at cost and amortized on a straight-line basis over the related lease term. As of December 31, 2013 and December 31, 2012, we incurred approximately $2.6 million and $2.2 million in leasing commissions, respectively. Amortization expense for the years ended December 31, 2013 and 2012 was approximately $0.2 million and  $0.2 million, respectively.

Deferred Charges, Policy [Policy Text Block]

'

Deferred Costs and Deposits

Deferred costs and deposits primarily consist of deposit on potential acquisitions and utility deposits.

Deferred Financing Costs [Policy Text Block]

'

Deferred Financing Costs

Costs incurred in connection with debt financing are recorded as deferred financing costs. Deferred financing costs are amortized using the straight-line basis which approximates the effective interest rate method, over the contractual terms of the respective financings.

Revenue Recognition, Policy [Policy Text Block]

'

Revenue Recognition and Valuation of Receivables

Revenue is recorded in accordance with ASC 840, Leases, and SEC Staff Accounting Bulletin No. 104, “Revenue Recognition in Financial Statements, as amended” (“SAB 104”). Such accounting provisions require that revenue be recognized after four basic criteria are met. These four criteria include persuasive evidence of an arrangement, the rendering of service, fixed and determinable income and reasonably assured collectability. Leases with fixed annual rental escalators are recognized on a straight-line basis over the initial lease period, subject to a collectability assessment. Rental income related to leases with contingent rental escalators is generally recorded based on the contractual cash rental payments due for the period. Because our leases provide for free rent, lease incentives, or other rental increases at specified intervals, we straight-line the recognition of revenue, which results in the recording of a receivable for rent not yet due under the lease terms. Our revenues are comprised largely of rental income and other income collected from tenants.

Consolidation, Subsidiary Stock Issuances, Policy [Policy Text Block]

'

Noncontrolling Interest in Consolidated Subsidiary

Noncontrolling interest relates to the interest in the consolidated entities that are not wholly-owned by us.

On January 1, 2009, we adopted ASC 810-10-65, “Consolidation”, which clarifies that a noncontrolling interest in a subsidiary is an ownership interest in the consolidated entity that should be reported as equity in the consolidated financial statements. ASC 810-10-65 also requires consolidated net income to be reported at amounts that include the amounts attributable to both the parent and the noncontrolling interest and requires disclosure, on the face of the consolidated statements of operations, of the amounts of consolidated net income attributable to the parent and to the noncontrolling interest.

We periodically evaluate individual noncontrolling interests for the ability to continue to recognize the noncontrolling interest as permanent equity in the consolidated balance sheets. Any noncontrolling interest that fails to qualify as permanent equity will be reclassified as temporary equity and adjusted to the greater of (a) the carrying amount, or (b) its redemption value as of the end of the period in which the determination is made.

Regulatory Income Taxes, Policy [Policy Text Block]

'

Income Taxes

We have elected to be taxed as a REIT, under Sections 856 through 860 of the Internal Revenue Code of 1986, as amended (the “Code”) beginning with our taxable year ending December 31, 2006. To qualify as a REIT, we must meet certain organizational and operational requirements, including a requirement to currently distribute at least 90% of the REIT’s ordinary taxable income to stockholders. As a REIT, we generally will not be subject to federal income tax on taxable income that we distribute to our stockholders. If we fail to qualify as a REIT in any taxable year, we will then be subject to federal income taxes on our taxable income at regular corporate rates and will not be permitted to qualify for treatment as a REIT for federal income tax purposes for four years following the year during which qualification is lost unless the Internal Revenue Service were to grant us relief under certain statutory provisions. Such an event could materially and adversely affect our net income and net cash available for distribution to stockholders. However, we believe that we will be organized and operate in such a manner as to qualify for treatment as a REIT and intend to operate for the foreseeable future in such a manner so that we will remain qualified as a REIT for federal income tax purposes.

Income Tax Uncertainties, Policy [Policy Text Block]

'

Uncertain Tax Positions

In accordance with the requirements of ASC 740, “Income Taxes,” favorable tax positions are included in the calculation of tax liabilities if it is more likely than not that our adopted tax position will prevail if challenged by tax authorities. As a result of our REIT status, we are able to claim a dividends-paid deduction on our tax return to deduct the full amount of common dividends paid to stockholders when computing our annual taxable income, which results in our taxable income being passed through to our stockholders. A REIT is subject to a 100% tax on the net income from prohibited transactions. A “prohibited transaction” is the sale or other disposition of property held primarily for sale to customers in the ordinary course of a trade or business. There is a safe harbor provision which, if met, expressly prevents the Internal Revenue Service from asserting the prohibited transaction test. We have no income tax expense, deferred tax assets or deferred tax liabilities associated with any such uncertain tax positions for the operations of any entity included in the consolidated results of operations.

Basic and Diluted Net Loss Per Common Share Applicable to Common Shares [Policy Text Block]

'

Basic and Diluted Net Loss and Distributions per Common Share

Basic and diluted net loss per common share applicable to common shares is computed by dividing net loss applicable to common shares by the weighted-average number of common shares outstanding for the period. For each of the years ended December 31, 2013 and 2012, 40,000 stock options, held by our independent directors, have been excluded from the weighted-average number of shares outstanding since their effect was anti-dilutive.

Basic and diluted net loss per share is calculated as follows:

Year Ended

Year Ended

December 31,

December 31,

2013

2012

Net loss applicable to common shares

$

-890,000

$

-7,458,000

Basic and diluted net loss per common share applicable to common shares

$

-0.04

$

-0.33

Weighted-average number of shares outstanding — basic and diluted

23,028,285

23,028,285

The Company declared no cash distributions per common share during the years ended December 31, 2013 and 2012.

Reclassification, Policy [Policy Text Block]

'

Reclassification

Assets sold or held for sale and associated liabilities have been reclassified on the consolidated balance sheets and operating results and impairments have been reclassified from continuing to discontinued operations.

New Accounting Pronouncements, Policy [Policy Text Block]

'

New Accounting Pronouncements

On January 1, 2013, we adopted Accounting Standards Update ("ASU") 2012-04, Fair Value Measurements (Topic 820): Amendments to Achieve Common Fair Value Measurement and Disclosure Requirements in U.S. GAAP and IFRS. ASU 2012-04 requires incremental fair value disclosures in the notes to the financial statements. The adoption of this guidance did not have a material impact on our consolidated financial statements.

Summary_of_Significant_Account2

Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2013
Accounting Policies [Abstract]	'
Fair Value Measurements, Recurring and Nonrecurring [Table Text Block]	'
	The following table summarizes the assets measured at fair value on a nonrecurring basis during the year ended December 31, 2012:
		Total Fair		Quoted		Significant		Significant		Total
		Value		Prices		Other		Unobservable		Losses
		Measurement		in Active		Observable		Inputs		for the
				Markets		Inputs		(Level 3)		Year
				for		(Level 2)				Ended
				Identical						December 31, 2012
				Assets
				(Level 1)
	Assets held for sale	$	1,612,000	$	1,612,000	$	—	$	—	$	-937,000
	Variable interest entity held for sale	$	3,760,000	$	—	$	3,760,000	$	—	$	-1,140,000
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	'
	Basic and diluted net loss per share is calculated as follows:
		Year Ended		Year Ended
		December 31,		December 31,
		2013		2012
	Net loss applicable to common shares	$	-890,000	$	-7,458,000
	Basic and diluted net loss per common share applicable to common shares	$	-0.04	$	-0.33
	Weighted-average number of shares outstanding — basic and diluted		23,028,285		23,028,285

Investments_in_Real_Estate_Tab

Investments in Real Estate (Tables)	12 Months Ended
	Dec. 31, 2013
Real Estate [Abstract]	'
Schedule of Real Estate Properties [Table Text Block]	'
	The following table provides summary information regarding our properties.
	Property (1)		Location		Date Purchased		Square	Purchase		Debt		Dec. 31,
							Footage	Price				2013
												%
												Leased
	Healthcare:
	Sheridan Care Center		Sheridan, OR		3-Aug-12		13,912	$	4,100,000	$	2,785,000	100	%
	Fern Hill Care Center		Portland, OR		3-Aug-12		13,344		4,500,000		2,984,000	100	%
	Farmington Square		Medford, OR		14-Sep-12		32,557		8,500,000		5,768,000	100	%
	Friendship Haven Healthcare and		Galveston County, TX		14-Sep-12		56,968		15,000,000		10,641,000	100	%
	Rehabilitation Center
	Pacific Health and Rehabilitation Center		Tigard, OR		24-Dec-12		25,082		8,140,000		6,116,000	100	%
	Danby House		Winston-Salem, NC		31-Jan-13		26,703		9,700,000		7,275,000	100	%
	Heritage Woods of Aledo		Aledo, IL		2-Jul-13		49,420		8,625,000		5,850,000	100	%
	The Shelby House		Shelby, NC		4-Oct-13		23,074		4,500,000		3,375,000	100	%
	The Hamlet House		Hamlet, NC		4-Oct-13		34,638		6,500,000		4,830,000	100	%
	The Carteret House		Newport, NC		4-Oct-13		29,570		4,300,000		3,195,000	100	%
	Redding Assisted Living		Redding, CA		18-Dec-13		26,081		3,500,000		—	100	%
	Total Healthcare:						331,349	$	77,365,000	$	52,819,000	100	%
	-1	The above table excludes Sherburne Commons Residences, LLC (“Sherburne Commons”), a variable interest entity (“VIE”) for which we became the primary beneficiary and began consolidating its financial results as of June 30, 2011. As of October 19, 2011, Sherburne Commons was classified as held for sale (See Note 16).
Real Estate and Accumulated Depreciation by Property [Table Text Block]	'
	As of December 31, 2013, adjusted cost and accumulated depreciation and amortization related to investments in real estate and related intangible lease assets and liabilities, including those acquired through COP, LP, and excluding assets of variable interest entity held for sale, were as follows:
			Land			Buildings and		Furniture		In-Place		Certificate
						Improvements		and		Lease		of
								Fixture		Value		Need
	Investments in real estate and related		$	6,502,000		$	54,324,000	$	6,393,000	$	3,935,000	$	6,786,000
	intangible lease assets (liabilities)
	Less: accumulated depreciation and			—			-1,575,000		-939,000		-112,000		—
	amortization
	Net investments in real estate and related		$	6,502,000		$	52,749,000	$	5,454,000	$	3,823,000	$	6,786,000
	intangible lease assets (liabilities)
	As of December 31, 2012, adjusted cost and accumulated depreciation and amortization related to investments in real estate and related intangible lease assets and liabilities, including those acquired through CHP LLC, were as follows:
			Land			Buildings and		Furniture		In-Place		Certificate
						Improvements		and		Lease		of
								Fixture		Value		Need
	Investments in real estate and related		$	4,521,000		$	23,299,000	$	2,915,000	$	2,720,000	$	6,786,000
	intangible lease assets (liabilities)
	Less: accumulated depreciation and			—			-206,000		-165,000		-70,000		—
	amortization
	Net investments in real estate and related		$	4,521,000		$	23,093,000	$	2,750,000	$	2,650,000	$	6,786,000
	intangible lease assets (liabilities)
Impairment Charge Recorded for Property in Discontinued Operations [Table Text Block]	'
	The following table illustrates, by property, the impairment charge recorded to impairment of real estate held for sale or sold for the years ended December 31, 2013 and 2012:
	Property		2013			2012
	Carter Commerce Center		$	—		$	937,000
	Goldenrod Commerce Center			657,000			—
	Hanging Moss Commerce Center			1,034,000			—
	Monroe Commerce Centers			1,677,000			—
	Nantucket Acquisition LLC			—			1,140,000
			$	3,368,000		$	2,077,000
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]	'
	The future minimum lease payments to be received under existing operating leases for properties owned as of December 31, 2013 are as follows:
	Years ending December 31,
	2014			7,241,000
	2015			7,403,000
	2016			7,575,000
	2017			7,752,000
	2018			7,933,000
	2019 and thereafter			57,715,000
			$	95,619,000

Acquisitions_Tables

Acquisitions (Tables)	12 Months Ended
	Dec. 31, 2013
Business Acquisition, Pro Forma Information [Table Text Block]	'
	The following unaudited pro forma information for the year ended December 31, 2012 has been prepared to reflect the incremental effect of the above properties acquired during 2012 as if all such transactions took place on January 1, 2012.
		Year ended
		December 31,
		2012
	Revenues	$	4,255,000
	Net loss from continuing operations	$	-3,180,000
	Basic and diluted net loss per common share from continuing operations	$	-0.14
Real Estate And Accumulated Depreciation By Property Of VIE [Table Text Block]	'
	As of December 31, 2013 and 2012, adjusted cost, net of accumulated depreciation and amortization related to real estate and related intangible lease assets and liabilities of the CHP LLC VIE were as follows:
						Furniture		In-Place		Certificate
				Buildings and		and		Lease		of
		Land		Improvements		Fixture		Value		Need
	Investments in real estate and related	$	4,521,000	$	23,304,000	$	2,915,000	$	2,720,000	$	6,786,000
	intangible lease assets (liabilities)
	Less: accumulated depreciation and		—		-1,143,000		-665,000		-90,000		—
	amortization
	Net investments in real estate and related	$	4,521,000	$	22,161,000	$	2,250,000	$	2,630,000	$	6,786,000
	intangible lease assets (liabilities)
Tigard, Oregon [Member]	'
Schedule Of Purchase Price Allocations [Table Text Block]	'
	The following sets forth the allocation of the purchase prices of the acquired properties as well as the associated acquisitions costs, which have been expensed as incurred.
		Sheridan		Portland		Medford		Galveston		Pacific		Total
	Land	$	160,000	$	847,000	$	954,000	$	1,095,000	$	1,466,000	$	4,522,000
	Buildings & improvements		1,374,000		1,276,000		6,353,000		11,101,000		1,989,000		22,093,000
	Site improvements		151,000		46,000		233,000		509,000		266,000		1,205,000
	Furniture & fixtures		328,000		359,000		434,000		1,263,000		531,000		2,915,000
	In-place leases		290,000		307,000		526,000		1,032,000		565,000		2,720,000
	Certificate of need		1,797,000		1,665,000		—		—		3,323,000		6,785,000
	Real estate acquisitions	$	4,100,000	$	4,500,000	$	8,500,000	$	15,000,000	$	8,140,000	$	40,240,000
	Real estate acquisition costs	$	109,000	$	109,000	$	298,000	$	222,000	$	209,000	$	947,000
Redding California [Member]	'
Schedule Of Purchase Price Allocations [Table Text Block]	'
	The following sets forth the allocation of the purchase prices of the acquired properties as well as the third party associated acquisitions costs, which have been capitalized.  The acquisition fee paid to our Advisor has been expensed.
		Danby		Aledo		North Carolina		Redding		Total
	Land	$	973,000	$	215,000	$	793,000	$	—	$	1,981,000
	Buildings & improvements		6,972,000		7,033,000		10,833,000		2,787,000		27,625,000
	Site improvements		292,000		451,000		2,227,000		275,000		3,245,000
	Furniture & fixtures		978,000		426,000		1,597,000		478,000		3,479,000
	Tenant improvements		—		—		—		150,000		150,000
	In-place leases		606,000		609,000		—		—		1,215,000
	Real estate acquisitions	$	9,821,000	$	8,734,000	$	15,450,000	$	3,690,000	$	37,695,000
	Real estate acquisition costs	$	136,000	$	121,000	$	214,000	$	51,000	$	522,000

Notes_Receivable_Tables

Notes Receivable (Tables) (Notes Receivable Si and Shi [Member])	12 Months Ended
	Dec. 31, 2013
Notes Receivable Si and Shi [Member]	'
Reconciliation of Notes Receivable [Table Text Block]	'
	The following table reconciles notes receivable from January 1, 2012 to December 31, 2013:
		2013		2012
	Balance at January 1	$	908,000	$	908,000
	Additions:
	Additions to note receivable				—
	Recovery of notes receivable due to settlement agreement		-700,000		—
	Balance at December 31,	$	208,000	$	908,000

Note_Receivable_from_Related_P1

Note Receivable from Related Party (Tables)	12 Months Ended
	Dec. 31, 2013
Note Receivable From Related Party [Abstract]	'
Reconciliation of Notes Receivable Related Party [Table Text Block]	'
	The following table reconciles note receivable from related party from January 1, 2012 to December 31, 2013:
		2013		2012
	Balance at January 1	$	—	$	—
	Additions:
	Additions to note receivable from related parties		292,000		595,000
	Deductions:
	Deductions:
	Repayments of note receivable from related party		—		—
	Elimination of balance in consolidation of VIE		-292,000		-595,000
	Balance at December 31,	$	—	$	—

Consolidation_of_Nantucket_Var1

Consolidation of Nantucket Variable Interest Entity (Tables) (Sherburne Commons Property [Member])	12 Months Ended
	Dec. 31, 2013
Sherburne Commons Property [Member]	'
Fair Value Allocation of Assets and Liabilities [Table Text Block]	'
	The following table illustrates our fair value allocation of the assets and liabilities of Sherburne Commons consolidated in our consolidated balance sheets as of June 30, 2011, the date of consolidation of the VIE:
	Cash and cash equivalents	$	236,000
	Buildings and improvements		5,658,000
	Site improvements		610,000
	Furniture and fixtures		390,000
	Below-market ground lease		3,180,000
	In-place leases		90,000
	Below-market leases		-290,000
	Accounts receivable and other assets		195,000
	Accounts payable and accrued liabilities		-289,000
	Interest payable		-57,000
	Loan payable		-128,000
	Note payable		-1,332,000
	Total net assets	$	8,263,000
Schedule of Real Estate and Accumulated Depreciation for Assets and Liabilities [Table Text Block]	'
	As of December 31, 2013 and 2012, adjusted cost, net of accumulated depreciation and amortization related to real estate and related intangible lease assets and liabilities of the VIE held for sale were as follows:
		Buildings and		Acquired Above		In-Place Lease		Acquired
		Improvements		Market Leases		Value		Below-Market
								Leases
	Net investments in real estate and	$	688,000	$	3,172,000	$	45,000	$	-145,000
	related intangible lease assets (liabilities) of
	VIE held for sale

Equity_Tables

Equity (Tables)	12 Months Ended
	Dec. 31, 2013
Equity [Abstract]	'
Schedule of Equity Compensation Plan Information [Table Text Block]	'
	Our equity compensation plan information as of December 31, 2013 and 2012 is as follows:
	Plan Category		Number of		Weighted Average		Number of Securities
			Securities to be		Exercise Price of		Remaining Available
			Issued Upon		Outstanding Options,		for Future Issuance
			Exercise of		Warrants and Rights
			Outstanding Options,
			Warrants and Rights
	Equity
	compensation			40,000	$	8		See footnote	-1
	plans approved
	by security
	holders
	Equity
	compensation			—		—		—
	plans not
	approved by
	security holders
	Total			40,000	$	8		See footnote	-1
		-1	Our Employee and Director Incentive Stock Plan was approved by our security holders and provides that the total number of shares issuable under the plan is a number of shares equal to ten percent (10%) of our outstanding common stock. The maximum number of shares that may be granted under the plan with respect to “incentive stock options” within the meaning of Section 422 of the Internal Revenue Code is 5,000,000. As of December 31, 2013 and 2012, there were approximately 23.0 million shares of our common stock issued and outstanding.

Notes_Payable_Tables

Notes Payable (Tables)	12 Months Ended
	Dec. 31, 2013
General Electric Capital Corporation Healthcare Properties [Member]	'
Debt Disclosure [Abstract]	'
Schedule of Maturities of Long-term Debt [Table Text Block]	'
	The principal payments due on the loan for each of the four following years ended December 31 are as follows:
	Year	Principal
		Amount
	2014	$	492,000
	2015		523,000
	2016		551,000
	2017		26,728,000
	Subtotal	$	28,294,000
General Electric Capital Corporation Aledo Property [Member]	'
Debt Disclosure [Abstract]	'
Schedule of Maturities of Long-term Debt [Table Text Block]	'
	The principal payments due on the Aledo Loan for each of the five following years ending December 31 are as follows:
	Year	Principal Amount
	2014	$	56,000
	2015		119,000
	2016		125,000
	2017		132,000
	2018		5,418,000
	Subtotal	$	5,850,000
Private Bank and Trust Company Winston Salem Property [Member]	'
Debt Disclosure [Abstract]	'
Schedule of Maturities of Long-term Debt [Table Text Block]	'
	The principal payments, including payments to be made to the sinking fund, due on the PB loan for each of the three following years ending December 31 are as follows:
	Year	Principal
		Amount
	2014	$	170,000
	2015		179,000
	2016		6,926,000
	Subtotal	$	7,275,000
Private Bank and Trust Company North Carolina Portfolio [Member]	'
Debt Disclosure [Abstract]	'
Schedule of Maturities of Long-term Debt [Table Text Block]	'
	The principal payments, including payments to be made to the sinking fund, due on the North Carolina Loan for each of the three following years ending December 31 are as follows:
	Year	Principal Amount
	2014	$	233,000
	2015		245,000
	2016		10,922,000
	Subtotal	$	11,400,000

Discontinued_Operations_Tables

Discontinued Operations (Tables)	12 Months Ended
	Dec. 31, 2013
Discontinued Operations and Disposal Groups [Abstract]	'
Impairment Charge Recorded for Real Estate Held for Variable Interest Entity Sale in Discontinued Operations [Table Text Block]	'
	The following is a summary of the components of income (loss) from discontinued operations for the years ended December 31, 2013 and 2012:
		2013		2012
	Rental revenues, tenant reimbursements and other income	$	4,373,000	$	6,282,000
	Operating expenses, real estate taxes, and interest expense		-4,957,000		-5,234,000
	Depreciation and amortization		-506,000		-1,519,000
	Impairment of real estate		-3,368,000		-2,077,000
	Gain on sales of real estate, net		5,967,000		—
	Income (loss) from discontinued operations	$	1,509,000	$	-2,548,000
Schedule of Component of Income (Loss) from Discontinued Operation [Table Text Block]	'
	For the years ended December 31, 2013 and 2012, we recorded impairment charges of $3.4 million and $2.1 million, respectively, related to real estate held for sale and these impairment charges are classified in discontinued operations in our consolidated statements of operations for the following properties:
	Property	2013		2012
	Carter Commerce Center	$	—		937,000
	Goldenrod Commerce Center		657,000		—
	Hanging Moss Commerce Center		1,034,000		—
	Monroe Commerce Centers		1,677,000		—
	Nantucket		—		1,140,000
		$	3,368,000	$	2,077,000
Schedule of Disposal Groups, Including Discontinued Operations, Income Statement, Balance Sheet and Additional Disclosures [Table Text Block]	'
	The following table presents balance sheet information for the properties classified as held for sale as of December 31:
		2013		2012
	Investments in real estate:
	Land	$	—	$	11,525,000
	Buildings and improvements, net		—		31,406,000
	Intangible lease assets, net		—		32,000
	Real estate held for sale, net	$	—	$	42,963,000
	Other assets:
	Tenant and other receivables, net	$	—	$	671,000
	Leasing commissions, net		—		481,000
	Other assets		—		736,000
	Non-real estate assets associated with real estate held for sale	$	—	$	1,888,000
	Assets of variable interest entity held for sale:
	Cash and cash equivalents	$	124,000	$	68,000
	Investments in real estate, net		3,905,000		3,905,000
	Accounts receivable, inventory and other assets		270,000		291,000
	Total Assets	$	4,299,000	$	4,264,000
	Liabilities:
	Accounts payable and accrued liabilities	$	—	$	421,000
	Interest payable		—		—
	Tenant security deposits		—		497,000
	Intangible lease liabilities, net		—		—
	Notes payable		—		21,844,000
	Liabilities associated with real estate held for sale	$	—	$	22,762,000
	Liabilities of variable interest entity held for sale:
	Note payable	$	1,332,000	$	1,332,000
	Loan payable		219,000		222,000
	Accounts payable and accrued liabilities		600,000		454,000
	Intangible lease liabilities, net		145,000		145,000
	Interest payable		473,000		299,000
	Liabilities of variable interest entity held for sale	$	2,769,000	$	2,452,000

Organization_Details_Textual

Organization (Details Textual) (USD $)	12 Months Ended
In Millions, unless otherwise specified	Dec. 31, 2013
Organization [Line Items]	'
Entity Incorporation, Date Of Incorporation	22-Oct-04
Cornerstone Realty Advisors [Member]	'
Organization [Line Items]	'
Limited Liability Company or Limited Partnership, Business, Formation Date	30-Nov-04
Cornerstone Operating Partnership [Member]	'
Organization [Line Items]	'
Limited Liability Company or Limited Partnership, Business, Formation Date	30-Nov-04
Limited Liability Company (LLC) or Limited Partnership (LP), Members or Limited Partners, Ownership Interest	99.88%
Limited Liability Company (LLC) or Limited Partnership (LP), Members or Advisors, Ownership Interest	0.12%
Cornerstone Healthcare Partners [Member]	'
Organization [Line Items]	'
Limited Liability Company (LLC) or Limited Partnership (LP), Members or Advisors, Ownership Interest	95.00%
Cornerstone Healthcare Real Estate Fund [Member]	'
Organization [Line Items]	'
Limited Liability Company (LLC) or Limited Partnership (LP), Members or Advisors, Ownership Interest	5.00%
JV Properties [Member]	'
Organization [Line Items]	'
Proceeds from Divestiture of Businesses and Interests in Affiliates, Total	0.6
Noncontrolling Interest, Ownership Percentage by Noncontrolling Owners	4.80%
Divestiture Of Interests In Affiliates	0.6
JV Properties [Member] | Third Party Investors [Member]	'
Organization [Line Items]	'
Noncontrolling Interest, Ownership Percentage by Noncontrolling Owners	4.30%
JV Properties [Member] | CHP LLC [Member]	'
Organization [Line Items]	'
Divestiture Of Interests In Affiliates Maximum Percentage	46.00%
Divestiture Of Interests In Affiliates Restricted Percentage	54.00%
JV Properties [Member] | CHREF [Member]	'
Organization [Line Items]	'
Proceeds from Divestiture of Businesses and Interests in Affiliates, Total	27,000
Parent Company [Member]	'
Organization [Line Items]	'
Limited Liability Company (LLC) or Limited Partnership (LP), Members or Advisors, Ownership Interest	90.90%

Summary_of_Significant_Account3

Summary of Significant Accounting Policies (Details) (USD $)	12 Months Ended
	Dec. 31, 2012
Assets, Held-for-sale [Member]	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'
Total Fair Value Measurement	$1,612,000
Total Losses	-937,000
Variable Interest Entity, Held-for-sale [Member]	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'
Total Fair Value Measurement	3,760,000
Total Losses	-1,140,000
Fair Value, Inputs, Level 1 [Member] | Assets, Held-for-sale [Member]	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'
Total Fair Value Measurement	1,612,000
Fair Value, Inputs, Level 1 [Member] | Variable Interest Entity, Held-for-sale [Member]	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'
Total Fair Value Measurement	0
Fair Value, Inputs, Level 2 [Member] | Assets, Held-for-sale [Member]	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'
Total Fair Value Measurement	0
Fair Value, Inputs, Level 2 [Member] | Variable Interest Entity, Held-for-sale [Member]	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'
Total Fair Value Measurement	3,760,000
Fair Value, Inputs, Level 3 [Member] | Assets, Held-for-sale [Member]	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'
Total Fair Value Measurement	0
Fair Value, Inputs, Level 3 [Member] | Variable Interest Entity, Held-for-sale [Member]	'
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]	'
Total Fair Value Measurement	$0

Summary_of_Significant_Account4

Summary of Significant Accounting Policies (Details 1) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Earnings Per Share Basic And Diluted [Line Items]	'	'
Net loss applicable to common shares	($890,000)	($7,458,000)
Basic and diluted net loss per common share applicable to common shares (in dollars per share)	($0.04)	($0.33)
Weighted-average number of shares outstanding - basic and diluted (in shares)	23,028,285	23,028,285

Summary_of_Significant_Account5

Summary of Significant Accounting Policies (Details Textual) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Summary of Significant Accounting Policies [Line Items]	'	'	'
Notes Receivable, Fair Value Disclosure	$300,000	$1,000,000	'
Noncontrolling Interest, Ownership Percentage by Parent	95.00%	'	'
Notes receivable	208,000	908,000	'
Fair Value, Inputs Discount Rate, Notes Receivable	5.25%	'	'
Notes Payable, Fair Value Disclosure	52,900,000	51,000,000	'
Capitalized Leasing Commissions	2,600,000	2,200,000	'
Allowance for Doubtful Accounts Receivable	0	200,000	'
Amortization of Leasing Commissions	200,000	200,000	'
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	40,000	40,000	40,000
Common Stock, Dividends, Per Share, Declared	$0	$0	'
Percentage of Taxable Income	100.00%	'	'
Impairment Of Real Estate From Discontinued Operations	3,368,000	2,077,000	'
Settlement Of Notes Payable	'	'	2,500,000
Notes Received From Borrower	'	'	1,500,000
Proceeds From Collection Of Notes Receivable	700,000	0	'
Servant Healthcare Investment, Llc Notes Receivable [Member]	'	'	'
Summary of Significant Accounting Policies [Line Items]	'	'	'
Notes receivable	'	'	1,000,000
Notes Payable, Fair Value Disclosure	'	300,000	'
Proceeds From Collection Of Notes Receivable	700,000	'	'
Receivable With Imputed Interest, Effective Yield (Interest Rate)	'	'	5.00%
Real Estate Assets Held For Sale [Member]	'	'	'
Summary of Significant Accounting Policies [Line Items]	'	'	'
Notes payable	0	21,800,000	'
Tenant and Other Receivables [Member]	'	'	'
Summary of Significant Accounting Policies [Line Items]	'	'	'
Allowance for Loan and Lease Loss, Recovery of Bad Debts	7,000	-13,000	'
Lending Rates [Member]	'	'	'
Summary of Significant Accounting Policies [Line Items]	'	'	'
Notes payable	$52,800,000	$50,300,000	'
Real Estate Investment Trust [Member]	'	'	'
Summary of Significant Accounting Policies [Line Items]	'	'	'
Percentage of Taxable Income	90.00%	'	'
Maximum [Member]	'	'	'
Summary of Significant Accounting Policies [Line Items]	'	'	'
Property, Plant and Equipment, Useful Life	'39 years	'	'
Minimum [Member]	'	'	'
Summary of Significant Accounting Policies [Line Items]	'	'	'
Property, Plant and Equipment, Useful Life	'15 years	'	'

Investments_in_Real_Estate_Det

Investments in Real Estate (Details) (USD $)	12 Months Ended
	Dec. 31, 2013
	sqft
Real Estate Properties [Line Items]	'
Square Footage	331,349	[1]
Purchase Price	$77,365,000	[1]
Debt	52,819,000	[1]
Percentage of Property Leased	100.00%	[1]
Sheridan Care Center [Member]	'
Real Estate Properties [Line Items]	'
Location	'Sheridan, OR	[1]
Date Purchased	3-Aug-12	[1]
Square Footage	13,912	[1]
Purchase Price	4,100,000	[1]
Debt	2,785,000	[1]
Percentage of Property Leased	100.00%	[1]
Fern Hill Care Center [Member]	'
Real Estate Properties [Line Items]	'
Location	'Portland, OR	[1]
Date Purchased	3-Aug-12	[1]
Square Footage	13,344	[1]
Purchase Price	4,500,000	[1]
Debt	2,984,000	[1]
Percentage of Property Leased	100.00%	[1]
Farmington Square [Member]	'
Real Estate Properties [Line Items]	'
Location	'Medford, OR	[1]
Date Purchased	14-Sep-12	[1]
Square Footage	32,557	[1]
Purchase Price	8,500,000	[1]
Debt	5,768,000	[1]
Percentage of Property Leased	100.00%	[1]
Friendship Haven Healthcare and Rehabilitation Center [Member]	'
Real Estate Properties [Line Items]	'
Location	'Galveston County, TX	[1]
Date Purchased	14-Sep-12	[1]
Square Footage	56,968	[1]
Purchase Price	15,000,000	[1]
Debt	10,641,000	[1]
Percentage of Property Leased	100.00%	[1]
Pacific Health and Rehabilitation Center [Member]	'
Real Estate Properties [Line Items]	'
Location	'Tigard, OR	[1]
Date Purchased	24-Dec-12	[1]
Square Footage	25,082	[1]
Purchase Price	8,140,000	[1]
Debt	6,116,000	[1]
Percentage of Property Leased	100.00%	[1]
Danby House [Member]	'
Real Estate Properties [Line Items]	'
Location	'Winston-Salem, NC	[1]
Date Purchased	31-Jan-13	[1]
Square Footage	26,703	[1]
Purchase Price	9,700,000	[1]
Debt	7,275,000	[1]
Percentage of Property Leased	100.00%	[1]
Heritage Woods of Aledo [Member]	'
Real Estate Properties [Line Items]	'
Location	'Aledo, IL	[1]
Date Purchased	2-Jul-13	[1]
Square Footage	49,420	[1]
Purchase Price	8,625,000	[1]
Debt	5,850,000	[1]
Percentage of Property Leased	100.00%	[1]
The Shelby House [Member]	'
Real Estate Properties [Line Items]	'
Location	'Shelby, NC	[1]
Date Purchased	4-Oct-13	[1]
Square Footage	23,074	[1]
Purchase Price	4,500,000	[1]
Debt	3,375,000	[1]
Percentage of Property Leased	100.00%	[1]
The Hamlet House [Member]	'
Real Estate Properties [Line Items]	'
Location	'Hamlet, NC	[1]
Date Purchased	4-Oct-13	[1]
Square Footage	34,638	[1]
Purchase Price	6,500,000	[1]
Debt	4,830,000	[1]
Percentage of Property Leased	100.00%	[1]
The Carteret House [Member]	'
Real Estate Properties [Line Items]	'
Location	'Newport, NC	[1]
Date Purchased	4-Oct-13	[1]
Square Footage	29,570	[1]
Purchase Price	4,300,000	[1]
Debt	3,195,000	[1]
Percentage of Property Leased	100.00%	[1]
Redding Assisted Living [Member]	'
Real Estate Properties [Line Items]	'
Location	'Redding, CA	[1]
Date Purchased	18-Dec-13	[1]
Square Footage	26,081	[1]
Purchase Price	3,500,000	[1]
Debt	$0	[1]
Percentage of Property Leased	100.00%	[1]
[1]	The above table excludes Sherburne Commons Residences, LLC (bSherburne Commonsb), a variable interest entity (bVIEb) for which we became the primary beneficiary and began consolidating its financial results as of June 30, 2011. As of October 19, 2011, Sherburne Commons was classified as held for sale (See Note 16).

Investments_in_Real_Estate_Det1

Investments in Real Estate (Details 1) (Healthcare [Member], USD $)	Dec. 31, 2013	Dec. 31, 2012
Leases, Acquired-in-Place [Member]	'	'
Real Estate Properties [Line Items]	'	'
Investments in real estate and related intangible lease assets (liabilities)	$3,935,000	$2,720,000
Less: accumulated depreciation and amortization	-112,000	-70,000
Net investments in real estate and related intangible lease assets (liabilities)	3,823,000	2,650,000
Land [Member]	'	'
Real Estate Properties [Line Items]	'	'
Investments in real estate and related intangible lease assets (liabilities)	6,502,000	4,521,000
Less: accumulated depreciation and amortization	0	0
Net investments in real estate and related intangible lease assets (liabilities)	6,502,000	4,521,000
Building Improvements [Member]	'	'
Real Estate Properties [Line Items]	'	'
Investments in real estate and related intangible lease assets (liabilities)	54,324,000	23,299,000
Less: accumulated depreciation and amortization	-1,575,000	-206,000
Net investments in real estate and related intangible lease assets (liabilities)	52,749,000	23,093,000
Furniture and Fixtures [Member]	'	'
Real Estate Properties [Line Items]	'	'
Investments in real estate and related intangible lease assets (liabilities)	6,393,000	2,915,000
Less: accumulated depreciation and amortization	-939,000	-165,000
Net investments in real estate and related intangible lease assets (liabilities)	5,454,000	2,750,000
Certificate of Need [Member]	'	'
Real Estate Properties [Line Items]	'	'
Investments in real estate and related intangible lease assets (liabilities)	6,786,000	6,786,000
Less: accumulated depreciation and amortization	0	0
Net investments in real estate and related intangible lease assets (liabilities)	$6,786,000	$6,786,000

Investments_in_Real_Estate_Det2

Investments in Real Estate (Details 2) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Real Estate Properties [Line Items]	'	'
Asset Impairment Charges	$3,368,000	$2,077,000
Goldenrod Commerce Center [Member]	'	'
Real Estate Properties [Line Items]	'	'
Asset Impairment Charges	657,000	0
Hanging Moss Commerce Center [Member]	'	'
Real Estate Properties [Line Items]	'	'
Asset Impairment Charges	1,034,000	0
Monroe Commerce Center [Member]	'	'
Real Estate Properties [Line Items]	'	'
Asset Impairment Charges	1,677,000	0
Nantucket Acquisition Llc [Member]	'	'
Real Estate Properties [Line Items]	'	'
Asset Impairment Charges	0	1,140,000
Carter Commerce Center [Member]	'	'
Real Estate Properties [Line Items]	'	'
Asset Impairment Charges	$0	$937,000

Investments_in_Real_Estate_Det3

Investments in Real Estate (Details 3) (USD $)	Dec. 31, 2013
Real Estate Properties [Line Items]	'
2014	$7,241,000
2015	7,403,000
2016	7,575,000
2017	7,752,000
2018	7,933,000
2019 and thereafter	57,715,000
Operating Leases, Future Minimum Payments Due	$95,619,000

Investments_in_Real_Estate_Det4

Investments in Real Estate (Details Textual) (USD $)	12 Months Ended			3 Months Ended
	Dec. 31, 2013		Dec. 31, 2012	Mar. 31, 2012	Jun. 30, 2013	Dec. 31, 2012
				Nantucket Acquisition Llc [Member]	OSB Properties [Member]	Carter Commerce Center [Member]
Real Estate Properties [Line Items]	'		'	'	'	'
Percentage of Leased Assets	100.00%	[1]	'	'	'	'
Impairment of real estate	'		$0	$1,100,000	'	$900,000
Impairment of Long-Lived Assets to be Disposed of	'		'	'	$3,400,000	'
[1]	The above table excludes Sherburne Commons Residences, LLC (bSherburne Commonsb), a variable interest entity (bVIEb) for which we became the primary beneficiary and began consolidating its financial results as of June 30, 2011. As of October 19, 2011, Sherburne Commons was classified as held for sale (See Note 16).

Acquisitions_Details

Acquisitions (Details) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Business Acquisition [Line Items]	'	'
Land	$1,981,000	$4,522,000
Buildings & improvements	27,625,000	22,093,000
Site improvements	3,245,000	1,205,000
Furniture & fixtures	3,479,000	2,915,000
Tenant improvements	150,000	'
In-place leases	1,215,000	2,720,000
Certificate of need	'	6,785,000
Real estate acquisitions	37,695,000	40,240,000
Business Combination, Acquisition Related Costs	522,000	947,000
Sheridan [Member]	'	'
Business Acquisition [Line Items]	'	'
Land	'	160,000
Buildings & improvements	'	1,374,000
Site improvements	'	151,000
Furniture & fixtures	'	328,000
In-place leases	'	290,000
Certificate of need	'	1,797,000
Real estate acquisitions	'	4,100,000
Business Combination, Acquisition Related Costs	'	109,000
Portland [Member]	'	'
Business Acquisition [Line Items]	'	'
Land	'	847,000
Buildings & improvements	'	1,276,000
Site improvements	'	46,000
Furniture & fixtures	'	359,000
In-place leases	'	307,000
Certificate of need	'	1,665,000
Real estate acquisitions	'	4,500,000
Business Combination, Acquisition Related Costs	'	109,000
Medford [Member]	'	'
Business Acquisition [Line Items]	'	'
Land	'	954,000
Buildings & improvements	'	6,353,000
Site improvements	'	233,000
Furniture & fixtures	'	434,000
In-place leases	'	526,000
Certificate of need	'	0
Real estate acquisitions	'	8,500,000
Business Combination, Acquisition Related Costs	'	298,000
Galveston [Member]	'	'
Business Acquisition [Line Items]	'	'
Land	'	1,095,000
Buildings & improvements	'	11,101,000
Site improvements	'	509,000
Furniture & fixtures	'	1,263,000
In-place leases	'	1,032,000
Certificate of need	'	0
Real estate acquisitions	'	15,000,000
Business Combination, Acquisition Related Costs	'	222,000
Pacific [Member]	'	'
Business Acquisition [Line Items]	'	'
Land	'	1,466,000
Buildings & improvements	'	1,989,000
Site improvements	'	266,000
Furniture & fixtures	'	531,000
In-place leases	'	565,000
Certificate of need	'	3,323,000
Real estate acquisitions	'	8,140,000
Business Combination, Acquisition Related Costs	'	209,000
Danby [Member]	'	'
Business Acquisition [Line Items]	'	'
Land	973,000	'
Buildings & improvements	6,972,000	'
Site improvements	292,000	'
Furniture & fixtures	978,000	'
Tenant improvements	0	'
In-place leases	606,000	'
Real estate acquisitions	9,821,000	'
Business Combination, Acquisition Related Costs	136,000	'
Aledo [Member]	'	'
Business Acquisition [Line Items]	'	'
Land	215,000	'
Buildings & improvements	7,033,000	'
Site improvements	451,000	'
Furniture & fixtures	426,000	'
Tenant improvements	0	'
In-place leases	609,000	'
Real estate acquisitions	8,734,000	'
Business Combination, Acquisition Related Costs	121,000	'
North Carolina [Member]	'	'
Business Acquisition [Line Items]	'	'
Land	793,000	'
Buildings & improvements	10,833,000	'
Site improvements	2,227,000	'
Furniture & fixtures	1,597,000	'
Tenant improvements	0	'
In-place leases	0	'
Real estate acquisitions	15,450,000	'
Business Combination, Acquisition Related Costs	214,000	'
Redding [Member]	'	'
Business Acquisition [Line Items]	'	'
Land	0	'
Buildings & improvements	2,787,000	'
Site improvements	275,000	'
Furniture & fixtures	478,000	'
Tenant improvements	150,000	'
In-place leases	0	'
Real estate acquisitions	3,690,000	'
Business Combination, Acquisition Related Costs	$51,000	'

Acquisitions_Details_1

Acquisitions (Details 1) (USD $)	12 Months Ended
	Dec. 31, 2012
Business Acquisition [Line Items]	'
Revenues	$4,255,000
Net loss from continuing operations	($3,180,000)
Basic and diluted net loss per common share from continuing operations (in dollars per share)	($0.14)

Acquisitions_Details_2

Acquisitions (Details 2) (USD $)	Dec. 31, 2013	Dec. 31, 2012
Leases, Acquired-In-Place [Member] | Healthcare [Member]	'	'
Real Estate Properties [Line Items]	'	'
Investments in real estate and related intangible lease assets (liabilities)	$3,935,000	$2,720,000
Less: accumulated depreciation and amortization	-112,000	-70,000
Net investments in real estate and related intangible lease assets (liabilities)	3,823,000	2,650,000
Land [Member] | Healthcare [Member]	'	'
Real Estate Properties [Line Items]	'	'
Investments in real estate and related intangible lease assets (liabilities)	6,502,000	4,521,000
Less: accumulated depreciation and amortization	0	0
Net investments in real estate and related intangible lease assets (liabilities)	6,502,000	4,521,000
Building Improvements [Member] | Healthcare [Member]	'	'
Real Estate Properties [Line Items]	'	'
Investments in real estate and related intangible lease assets (liabilities)	54,324,000	23,299,000
Less: accumulated depreciation and amortization	-1,575,000	-206,000
Net investments in real estate and related intangible lease assets (liabilities)	52,749,000	23,093,000
Furniture and Fixtures [Member] | Healthcare [Member]	'	'
Real Estate Properties [Line Items]	'	'
Investments in real estate and related intangible lease assets (liabilities)	6,393,000	2,915,000
Less: accumulated depreciation and amortization	-939,000	-165,000
Net investments in real estate and related intangible lease assets (liabilities)	5,454,000	2,750,000
Certificate Of Need [Member] | Healthcare [Member]	'	'
Real Estate Properties [Line Items]	'	'
Investments in real estate and related intangible lease assets (liabilities)	6,786,000	6,786,000
Less: accumulated depreciation and amortization	0	0
Net investments in real estate and related intangible lease assets (liabilities)	6,786,000	6,786,000
CHP LLC VIE [Member] | Leases, Acquired-In-Place [Member]	'	'
Real Estate Properties [Line Items]	'	'
Investments in real estate and related intangible lease assets (liabilities)	2,720,000	2,720,000
Less: accumulated depreciation and amortization	-90,000	-90,000
Net investments in real estate and related intangible lease assets (liabilities)	2,630,000	2,630,000
CHP LLC VIE [Member] | Land [Member]	'	'
Real Estate Properties [Line Items]	'	'
Investments in real estate and related intangible lease assets (liabilities)	4,521,000	4,521,000
Less: accumulated depreciation and amortization	0	0
Net investments in real estate and related intangible lease assets (liabilities)	4,521,000	4,521,000
CHP LLC VIE [Member] | Building Improvements [Member]	'	'
Real Estate Properties [Line Items]	'	'
Investments in real estate and related intangible lease assets (liabilities)	23,304,000	23,304,000
Less: accumulated depreciation and amortization	-1,143,000	-1,143,000
Net investments in real estate and related intangible lease assets (liabilities)	22,161,000	22,161,000
CHP LLC VIE [Member] | Furniture and Fixtures [Member]	'	'
Real Estate Properties [Line Items]	'	'
Investments in real estate and related intangible lease assets (liabilities)	2,915,000	2,915,000
Less: accumulated depreciation and amortization	-665,000	-665,000
Net investments in real estate and related intangible lease assets (liabilities)	2,250,000	2,250,000
CHP LLC VIE [Member] | Certificate Of Need [Member]	'	'
Real Estate Properties [Line Items]	'	'
Investments in real estate and related intangible lease assets (liabilities)	6,786,000	6,786,000
Less: accumulated depreciation and amortization	0	0
Net investments in real estate and related intangible lease assets (liabilities)	$6,786,000	$6,786,000

Acquisitions_Details_Textual

Acquisitions (Details Textual) (USD $)

12 Months Ended

0 Months Ended

12 Months Ended

12 Months Ended

Dec. 31, 2012

Dec. 31, 2013

Sep. 14, 2012

Sep. 14, 2012

Dec. 31, 2012

Dec. 31, 2013

Dec. 31, 2013

Dec. 31, 2013

Dec. 31, 2013

Dec. 31, 2013

Dec. 31, 2013

Dec. 31, 2013

Dec. 31, 2013

Dec. 31, 2012

Aug. 03, 2012

Aug. 03, 2012

sqft

Medford [Member]

Galveston [Member]

Tigard [Member]

2012 Acquisitions [Member]

Winston Salem, North Carolina [Member]

Aledo, Illinois [Member]

North Carolina Portfolio [Member]

Redding California [Member]

Carteret House [Member]

Hamlet House [Member]

Shelby House [Member]

Cornerstone Healthcare Partners Llc [Member]

Cornerstone Healthcare Partners Llc [Member]

Cornerstone Healthcare Partners Llc [Member]

acre

acre

acre

acre

acre

acre

Portland [Member]

Oregon [Member]

acre

acre

Business Acquisition [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Square Footage

'

331,349

[1]

32,557

56,968

'

'

'

'

'

26,081

29,570

34,638

23,074

'

13,912

13,344

Revenues

$4,255,000

'

'

'

'

$6,700,000

'

'

'

'

'

'

'

'

'

'

Net loss from continuing operations

-3,180,000

'

'

'

'

1,300,000

'

'

'

'

'

'

'

'

'

'

Variable Interest Entity, Qualitative or Quantitative Information, Ownership Percentage

5.00%

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Payments to Acquire Businesses, Gross

'

'

8,500,000

15,000,000

8,100,000

'

9,700,000

8,600,000

15,300,000

3,500,000

'

'

'

8,600,000

'

'

Business Combination, Consideration Transferred, Total

'

'

'

'

'

'

'

'

'

'

'

'

'

$5,800,000

'

'

Lessee Leasing Arrangements, Operating Leases, Term of Contract

'

'

'

'

'

'

'

'15 years

'15 years

'10 years

'

'

'

'

'

'

Lessee Leasing Arrangements, Operating Leases, Renewal Term

'

'

'

'

'

'

'

'5 years

'5 years

'

'

'

'

'

'

'

[1]

The above table excludes Sherburne Commons Residences, LLC (bSherburne Commonsb), a variable interest entity (bVIEb) for which we became the primary beneficiary and began consolidating its financial results as of June 30, 2011. As of October 19, 2011, Sherburne Commons was classified as held for sale (See Note 16).

Allowance_for_Doubtful_Account1

Allowance for Doubtful Accounts (Details Textual) (USD $)	Dec. 31, 2013	Dec. 31, 2012
Allowance for Doubtful Accounts [Line Items]	'	'
Allowance for Doubtful Accounts Receivable	$0	$200,000

Concentration_of_Risk_Details_

Concentration of Risk (Details Textual)	12 Months Ended
	Dec. 31, 2013
Concentration Risk [Line Items]	'
Concentration Risk, Geographic	'As of December 31, 2013, excluding the Sherburne Commons VIE, we owned one property in California, four properties in Oregon, four properties in North Carolina, one property in Texas, one property in Illinois. Accordingly, there is a geographic concentration of risk subject to economic conditions in certain states. Additionally, as of December 31, 2013, we leased our eleven healthcare properties to five different tenants under long-term triple net leases.

Notes_Receivable_Details

Notes Receivable (Details) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'
Balance at December 31,	$208,000	$908,000
Notes Receivable SI and SHI [Member]	'	'
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'
Balance at January 1	908,000	908,000
Additions to notes receivable	'	0
Recovery of notes receivable due to settlement agreement	-700,000	0
Balance at December 31,	$208,000	$908,000

Notes_Receivable_Details_Textu

Notes Receivable (Details Textual) (USD $)	12 Months Ended			1 Months Ended		12 Months Ended		12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011	31-May-10	31-May-08	Dec. 31, 2013	Sep. 30, 2009	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
				Servant Investment, Llc Notes Receivable [Member]	Servant Investment, Llc Notes Receivable [Member]	Servant Investment, Llc Notes Receivable [Member]	Servant Investment, Llc Notes Receivable [Member]	Servant Healthcare Investment, Llc Notes Receivable [Member]	Servant Healthcare Investment, Llc Notes Receivable [Member]	Servant Healthcare Investment, Llc Notes Receivable [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'	'	'	'	'	'	'	'	'
Financing Receivable, Net	$208,000	$908,000	'	$8,750,000	$10,000,000	'	'	'	'	$1,000,000
Receivable with Imputed Interest, Effective Yield (Interest Rate)	'	'	'	'	10.00%	'	'	'	'	5.00%
Receivable with Imputed Interest, Due Date	'	'	'	19-May-13	'	'	'	'	'	'
Settlement Of Notes Payable	'	'	2,500,000	'	'	'	'	'	'	'
Notes Received From Borrower	'	'	1,500,000	'	'	'	'	'	'	'
Interest Income Note Receivable	'	'	'	'	'	'	'	50,000	52,000	'
Proceeds from Collection of Notes Receivable	700,000	0	'	'	'	700,000	'	700,000	'	'
Notes Payable, Fair Value Disclosure	52,900,000	51,000,000	'	'	'	'	'	'	300,000	'
Revised Note Receivable	'	'	'	'	'	'	$4,600,000	'	'	'

Note_Receivable_from_Related_P2

Note Receivable from Related Party (Details) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'
Balance at January 1	$0	$0
Additions to note receivable from related parties	292,000	595,000
Repayments of note receivable from related party	0	0
Elimination of balance in consolidation of VIE	-292,000	-595,000
Balance at December 31	$0	$0

Note_Receivable_from_Related_P3

Note Receivable from Related Party (Details Textual) (USD $)	1 Months Ended	3 Months Ended	1 Months Ended	12 Months Ended
In Millions, unless otherwise specified	Dec. 14, 2009	Dec. 31, 2011	Dec. 14, 2009	Dec. 31, 2013	Dec. 31, 2012	Jun. 30, 2011
	Variable Interest Entity, Primary Beneficiary [Member]	Variable Interest Entity, Primary Beneficiary [Member]	Nantucket Acquisition Llc [Member]	Nantucket Acquisition Llc [Member]	Nantucket Acquisition Llc [Member]	Nantucket Acquisition Llc [Member]
		Sherburne Commons Property [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]	'	'	'	'	'	'
Mortgage Loans on Real Estate, Face Amount of Mortgages	'	'	$8	'	'	'
Mortgage Loans on Real Estate, Interest Rate	'	'	8.00%	'	'	'
Mortgage Loans on Real Estate, Final Maturity Date	'	'	1-Jan-15	'	'	'
Mortgage Loans on Real Estate, Period Increase (Decrease)	'	'	'	0.3	0.6	'
Variable Interest Entity, Methodology for Determining Whether Entity is Primary Beneficiary	'Nantucket Acquisition is considered a variable interest entity because the equity owners of Nantucket Acquisition do not have sufficient equity at risk	'	'	'	'	'
Impairment of Real Estate, Asset Held-for-sale	'	4.8	'	'	'	'
Mortgage Loans on Real Estate, Additional Interest Rate	'	'	40.00%	'	'	'
Working Capital	'	'	'	'	'	$1.40

Consolidation_of_Nantucket_Var2

Consolidation of Nantucket Variable Interest Entity (Details) (USD $)	Dec. 31, 2013	Dec. 31, 2012	Jun. 30, 2011	Jun. 30, 2011	Jun. 30, 2011
			Sherburne Commons [Member]	Sherburne Commons [Member]	Sherburne Commons [Member]
				Below Market Ground Leases [Member]	Leases, Acquired-In-Place [Member]
Variable Interest Entity [Line Items]	'	'	'	'	'
Cash and cash equivalents	'	'	$236,000	'	'
Buildings and improvements	'	'	5,658,000	'	'
Site improvements	'	'	610,000	'	'
Furniture and fixtures	'	'	390,000	'	'
Capital Leased Assets, Noncurrent, Fair Value Disclosure	'	'	'	3,180,000	90,000
Below-market leases	'	'	-290,000	'	'
Accounts receivable and other assets	'	'	195,000	'	'
Accounts payable and accrued liabilities	'	'	-289,000	'	'
Interest payable	'	'	-57,000	'	'
Loan payable	'	'	-128,000	'	'
Note payable	-52,900,000	-51,000,000	-1,332,000	'	'
Total net assets	'	'	$8,263,000	'	'

Consolidation_of_Nantucket_Var3

Consolidation of Nantucket Variable Interest Entity (Details 1) (Variable Interest Entity, Primary Beneficiary [Member], USD $)	12 Months Ended
	Dec. 31, 2013
Variable Interest Entity [Line Items]	'
Below Market Lease, Acquired	($145,000)
Building and Building Improvements [Member]	'
Variable Interest Entity [Line Items]	'
Net investments in real estate and related intangible lease assets (liabilities) of VIE held for sale	688,000
Above Market Leases [Member]	'
Variable Interest Entity [Line Items]	'
Net investments in real estate and related intangible lease assets (liabilities) of VIE held for sale	3,172,000
Leases, Acquired-In-Place [Member]	'
Variable Interest Entity [Line Items]	'
Net investments in real estate and related intangible lease assets (liabilities) of VIE held for sale	$45,000

Consolidation_of_Nantucket_Var4

Consolidation of Nantucket Variable Interest Entity (Details Textual) (USD $)	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
In Millions, unless otherwise specified	Nantucket Acquisition [Member]	Nantucket Acquisition [Member]	Variable Interest Entity, Primary Beneficiary [Member]
			Sherburne Commons Property [Member]
Variable Interest Entity [Line Items]	'	'	'
Variable Interest Entity, Consolidated, Carrying Amount, Assets	$9.40	$9.10	'
Impairment of Real Estate, Asset Held-for-sale	'	'	$4.80

Equity_Details

Equity (Details) (USD $)	12 Months Ended
	Dec. 31, 2013		Dec. 31, 2012
Schedule of Equity [Line Items]	'		'
Number of Securities to be Issued Upon Exercise of Outstanding Options, Warrants and Rights	40,000		40,000
Weighted Average Exercise Price of Outstanding Options, Warrants and Rights	$8		$8
Number of Securities Remaining Available for Future Issuance	0	[1]	0	[1]
Equity Compensation Plans, Approved by Security Holders [Member]	'		'
Schedule of Equity [Line Items]	'		'
Number of Securities to be Issued Upon Exercise of Outstanding Options, Warrants and Rights	40,000		40,000
Weighted Average Exercise Price of Outstanding Options, Warrants and Rights	$8		$8
Number of Securities Remaining Available for Future Issuance	0	[1]	0	[1]
Equity Compensation Plans, Not Approved by Security Holders [Member]	'		'
Schedule of Equity [Line Items]	'		'
Number of Securities to be Issued Upon Exercise of Outstanding Options, Warrants and Rights	0		0
Weighted Average Exercise Price of Outstanding Options, Warrants and Rights	$0		$0
Number of Securities Remaining Available for Future Issuance	0		0
[1]	Our Employee and Director Incentive Stock Plan was approved by our security holders and provides that the total number of shares issuable under the plan is a number of shares equal to ten percent (10%) of our outstanding common stock. The maximum number of shares that may be granted under the plan with respect to bincentive stock optionsb within the meaning of Section 422 of the Internal Revenue Code is 5,000,000. As of December 31, 2013 and 2012, there were approximately 23.0 million shares of our common stock issued and outstanding.

Equity_Details_Textual

Equity (Details Textual) (USD $)	Dec. 31, 2013	Dec. 31, 2012	Jul. 02, 2012	Apr. 05, 2012	Nov. 08, 2008	Dec. 31, 2013
In Millions, except Share data, unless otherwise specified			Employee and Director Incentive Stock Plan [Member]	Employee and Director Incentive Stock Plan [Member]	Employee and Director Incentive Stock Plan [Member]	Employee and Director Incentive Stock Plan [Member]
Schedule of Equity [Line Items]	'	'	'	'	'	'
Common Stock, Shares Authorized (in shares)	290,000,000	290,000,000	'	'	'	'
Common Stock, Par or Stated Value Per Share (in dollars per share)	$0.00	$0.00	'	'	'	'
Preferred Stock, Shares Authorized (in shares)	10,000,000	10,000,000	'	'	'	'
Preferred Stock Par or Stated Value Per Share (in dollars per share)	$0.00	$0.00	'	'	'	'
Cumulative Common Stock, Shares Issued	$20.90	$167.10	'	'	'	'
Number of Common Stock Reserved, Description	'	'	'	'	'	'the total number of shares of common stock reserved for issuance under the Plan is equal to 10% of our outstanding shares of stock at any time.
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross (in shares)	'	'	'	'	'	80,000
Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price (in dollars per share)	'	'	'	'	'	$8
Share-based Compensation Arrangement by Share-based Payment Award, Options, Cancellations in Period Gross	'	'	5,000	20,000	15,000	'
Share-based Compensation Arrangement by Share-based Payment Award, Terms of Award (in years)	'	'	'	'	'	'ten years
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized, Percentage of outstanding common stock	'	'	'	'	'	10.00%
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized	'	'	'	'	'	5,000,000
Common Stock, Shares, Issued	23,028,285	23,028,285	'	'	'	'
Common Stock, Shares, Outstanding	23,028,285	23,028,285	'	'	'	'

Related_Party_Transactions_Det

Related Party Transactions (Details Textual) (USD $)	1 Months Ended		12 Months Ended		3 Months Ended	12 Months Ended
	Jun. 10, 2012	Mar. 31, 2011	Dec. 31, 2013	Dec. 31, 2012	Sep. 30, 2012	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2013	Dec. 31, 2012
					Advisory Agreement [Member]	Advisory Agreement [Member]	Advisory Agreement [Member]	Advisors Fees Reimbursed [Member]	Advisors Fees Reimbursed [Member]	Pacific Cornerstone Capital Inc [Member]	Pacific Cornerstone Capital Inc [Member]
Related Party Transaction [Line Items]	'	'	'	'	'	'	'	'	'	'	'
Date of Amendment of Agreement	'	'	31-Jul-12	'	'	'	'	'	'	'	'
Advisors and Offering Cost, Description	'	'	'In no event will we have any obligation to reimburse the Advisor for organizational and offering costs totaling in excess of 3.5% of the gross proceeds from our Primary Offering and Follow-On Offering. At times during our offering stage, before the maximum amount of gross proceeds has been raised, the amount of organization and offering expenses that we incur, or that our Advisor and its affiliates incur on our behalf, may exceed 3.5% of the gross offering proceeds then raised.	'	'	'	'	'	'	'	'
Advisors and Offering Cost Expenses	'	'	'	$5,600,000	'	'	'	'	'	'	'
Organisational Cost Expenses	'	'	'	100,000	'	'	'	'	'	'	'
Offering Cost	'	'	'	5,500,000	'	'	'	'	'	'	'
Reduction in Proceeds from Issuance Primary Offering	'	'	'	4,400,000	'	'	'	'	'	'	'
Reduction in Proceeds from Issuance Follow on Offering	'	'	'	1,100,000	'	'	'	'	'	'	'
Advisory Acquisition Fees, Description	'	'	'	'	'we amended our Advisory Agreement to change the acquisition fee payable to the Advisor from an amount equal to 2.0% of the gross proceeds raised from our Offerings to an amount not to exceed 2.0% of the purchase price of an acquired property.	'	'	'	'	'	'
Advisor Fees, Description	'	'	'Prior to October 1, 2011, the Advisory Agreement required us to pay the Advisor a monthly asset management fee of one-twelfth of 1.0% of the Average Invested Assets (as defined in the Advisory Agreement).	'On August 31, 2011, we amended the Advisory Agreement to provide that, beginning on October 1, 2011, the asset management fee payable by us to our Advisor shall be reduced to a monthly rate of one-twelfth of 0.75% of our Average Invested Assets, as defined above.	'	'	'	'	'	'	'
Disposition Fees	'	'	600,000	0	'	'	'	'	'	'	'
Asset Management Fees	'	'	1,080,000	971,000	'	163,000	31,000	800,000	800,000	'	'
General and Administrative Expense	'	'	3,352,000	3,564,000	'	1,300,000	1,300,000	'	'	'	'
Total Operating Expenses Towards Advisory Cost, Description	'	'	'Pursuant to provisions contained in our charter and in our Amended and Restated Advisory Agreement with our Advisor, our board of directors has the ongoing responsibility of limiting our total operating expenses for the trailing four consecutive quarters to amounts that do not exceed the greater of 2% of our average invested assets or 25% of our net income, calculated in the manner set forth in our charter, unless a majority of the directors (including a majority of the independent directors) has made a finding that, based on unusual and non-recurring factors that they deem sufficient, a higher level of expenses is justified (the 2%/25% Test). In the event that a majority of the directors (including a majority of the independent directors) does not determine that such excess expenses are justified, our Advisor must reimburse to us the amount of the excess expenses paid or incurred (the Excess Amount).	'For the four-fiscal-quarter period ended December 31, 2013, our total operating expenses again exceeded the greater of 2% of our average invested assets and 25% of our net income. We incurred operating expenses of approximately $4.3 million and incurred an Excess Amount of approximately $2.2 million during the four-fiscal-quarters ended December 31, 2013.	'	'	'	'	'	'	'
Subordinate Participation Fees to Advisors for Sale of Property, Description	'	'	'After stockholders have received cumulative distributions equal to $8.00 per share (less any returns of capital) plus cumulative, non-compounded annual returns on net invested capital, the Advisor will be paid a subordinated participation in net sales proceeds ranging from a low of 5% of net sales proceeds provided investors have earned annualized returns of 6% to a high of 15% of net sales proceeds if investors have earned annualized returns of 10% or more.	'	'	'	'	'	'	'	'
Subordinate Participation Fees to Advisors for Termination	'	'	'Upon termination of the Advisory Agreement, the Advisor will receive the subordinated performance fee due upon termination. This fee ranges from a low of 5% of the amount by which the sum of the appraised value of our assets minus our liabilities on the date the Advisory Agreement is terminated plus total distributions (other than stock distributions) paid prior to termination of the Advisory Agreement exceeds the amount of invested capital plus annualized returns of 6%, to a high of 15% of the amount by which the sum of the appraised value of our assets minus our liabilities plus all prior distributions (other than stock distributions) exceeds the amount of invested capital plus annualized returns of 10% or more.	'	'	'	'	'	'	'	'
Subordinate Participation Fees to Advisors for Listing of Shares, Description	'	'	'In the event we list our stock for trading, the Advisor will receive a subordinated incentive listing fee instead of a subordinated participation in net sales proceeds. This fee ranges from a low of 5% of the amount by which the market value of our common stock plus all prior distributions (other than stock distributions) exceeds the amount of invested capital plus annualized returns of 6%, to a high of 15% of the amount by which the sum of the market value of our common stock plus all prior distributions (other than stock distributions) exceeds the amount of invested capital plus annualized returns of 10% or more.	'	'	'	'	'	'	'	'
Commission and Fees Payable to Dealer Manager, Description	'	'	'PCC was entitled to receive a sales commission of up to 7% of gross proceeds from sales in the primary offerings. PCC was also entitled to receive a dealer manager fee equal to up to 3% of gross proceeds from sales in the primary offerings.	'	'	'	'	'	'	'	'
Reimbursement for Expenses, Description	'	'	'PCC was also entitled to receive reimbursement of bona fide due diligence expenses up to 0.5% of the gross proceeds from sales in the primary offerings.	'	'	'The Advisory Agreement required the Advisor to reimburse us to the extent that offering expenses including sales commissions, dealer manager fees and organization and offering expenses (but excluding acquisition fees and acquisition expenses discussed above) were in excess of 13.5% of gross proceeds from our primary offerings.	'	'	'	'	'
Legal Fees	'	'	500,000	600,000	'	'	'	'	'	'	'
Reimbursement of Advisory Fees for Direct Cost	'	'	300,000	200,000	'	'	'	'	'	'	'
Reimbursement of Advisory Fees for Indirect Cost	'	'	300,000	200,000	'	'	'	'	'	'	'
Reimbursement of Advisory Fees for Expenses	'	'	300,000	200,000	'	'	'	'	'	'	'
Dealer Manager Fees and Sales Commissions	'	'	'	'	'	'	'	'	'	0	0
Payments for Leasing Costs	'	'	1,200,000	1,400,000	'	'	'	'	'	'	'
Disposition Fees, Description	'	'	'This disposition fee may be paid in addition to real estate commissions paid to non-affiliates, provided that the total real estate commissions (including such disposition fee) paid to all persons by us for each property shall not exceed an amount equal to the lesser of (i) 6% of the aggregate contract sales price of each property or (ii) the competitive real estate commission for each property.	'	'	'	'	'	'	'	'
Percentage In Excess Of Gross Proceeds From Offering As Sponsor Fee	3.50%	'	'	'	'	'	'	'	'	'	'
Terms Of Advisory Agreement Period For Reimbursement	'60 days	'	'	'	'	'	'	'	'	'	'
Terms Of Advisory Agreement Percentage In Excess Of Gross Proceeds	3.50%	'	'	'	'	'	'	'	'	'	'
Sponsor Fees	1,100,000	'	'	'	'	'	'	'	'	'	'
Sponsor Fees Excess Of Contractual Limit	1,000,000	'	'	'	'	'	'	'	'	'	'
Accounts Receivable From Advisor	1,000,000	'	'	'	'	'	'	'	'	'	'
Received From Advisor	'	$100,000	'	'	'	'	'	'	'	'	'

Notes_Payable_Details

Notes Payable (Details) (USD $)	Dec. 31, 2013
Debt Instrument [Line Items]	'
Subtotal	$52,800,000
General Electric Capital Corporation Healthcare Properties [Member]	'
Debt Instrument [Line Items]	'
2014	492,000
2015	523,000
2016	551,000
2017	26,728,000
Subtotal	28,294,000
Private Bank and Trust Company Winston Salem Property [Member]	'
Debt Instrument [Line Items]	'
2014	170,000
2015	179,000
2016	6,926,000
Subtotal	7,275,000
General Electric Capital Corporation Aledo Property [Member]	'
Debt Instrument [Line Items]	'
2014	56,000
2015	119,000
2016	125,000
2017	132,000
2018	5,418,000
Subtotal	5,850,000
Private Bank and Trust Company North Carolina Portfolio [Member]	'
Debt Instrument [Line Items]	'
2014	233,000
2015	245,000
2016	10,922,000
Subtotal	$11,400,000

Notes_Payable_Details_Textual

Notes Payable (Details Textual) (USD $)

1 Months Ended

12 Months Ended

1 Months Ended

3 Months Ended

12 Months Ended

1 Months Ended

12 Months Ended

12 Months Ended

3 Months Ended

12 Months Ended

1 Months Ended

12 Months Ended

1 Months Ended

12 Months Ended

0 Months Ended

3 Months Ended

12 Months Ended

0 Months Ended

12 Months Ended

0 Months Ended

12 Months Ended

Jan. 23, 2013

Dec. 31, 2013

Dec. 31, 2012

Jan. 30, 2013

Sep. 30, 2013

Mar. 31, 2013

Dec. 31, 2012

Aug. 01, 2012

Dec. 31, 2012

Sep. 13, 2012

Dec. 31, 2013

Dec. 31, 2012

Sep. 30, 2013

Mar. 31, 2013

Dec. 31, 2013

Dec. 31, 2012

Sep. 13, 2012

Dec. 31, 2013

Dec. 31, 2012

Sep. 13, 2012

Sep. 07, 2012

Dec. 31, 2013

Dec. 31, 2012

Jan. 31, 2013

Dec. 31, 2013

Dec. 31, 2013

Jul. 02, 2013

Dec. 31, 2013

Oct. 04, 2013

Dec. 31, 2012

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2013

Dec. 31, 2012

Carter Commerce Center [Member]

Carter Commerce Center [Member]

Carter Commerce Center [Member]

Carter Commerce Center [Member]

Seller Loan [Member]

Seller Loan [Member]

Seller Loan [Member]

Transamerica Life Insurance Company [Member]

Transamerica Life Insurance Company [Member]

Wells Fargo Bank National Association [Member]

Wells Fargo Bank National Association [Member]

Wells Fargo Bank National Association [Member]

Wells Fargo Bank National Association [Member]

General Electric Capital Corporation Healthcare Properties [Member]

General Electric Capital Corporation Healthcare Properties [Member]

General Electric Capital Corporation Healthcare Properties [Member]

General Electric Capital Corporation Healthcare Properties [Member]

General Electric Capital Corporation Western Property [Member]

General Electric Capital Corporation Western Property [Member]

General Electric Capital Corporation Western Property [Member]

Private Bank and Trust Company Winston Salem Property [Member]

Private Bank and Trust Company Winston Salem Property [Member]

Private Bank and Trust Company Winston Salem Property [Member]

General Electric Capital Corporation Aledo Property [Member]

General Electric Capital Corporation Aledo Property [Member]

Private Bank and Trust Company North Carolina Portfolio [Member]

General Electric Capital Corporation [Member]

Notes Payable [Member]

Notes Payable [Member]

Notes Payable [Member]

Notes Payable [Member]

Seller Loan [Member]

Amortization of Financial Cost [Member]

Amortization of Financial Cost [Member]

Debt Instrument [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Long-term Debt

'

$52,800,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Debt Instrument, Maturity Date, Description

'

'mature between 2016 and 2018

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Debt Issuance Cost

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

1,200,000

1,100,000

'

'

Amortization of deferred financing costs

'

166,000

162,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

200,000

400,000

Line of Credit Facility, Interest Rate Description

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'The loan bears interest at LIBOR (London Interbank Offer Rate), with a floor of 50 basis points, plus a spread of 4.50%

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Debt Instrument Maturity Date Extension

'

'

'

'

'

'

'

15-Mar-13

'

'

'

'

'

'

'

'

12-Sep-17

'

'

'

30-Sep-14

'

'

'

'

'

'

'

'

'

'

'

'

'

Debt Instrument, Interest Rate During Period

'

'

'

'

'

'

'

5.00%

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Secured Debt

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

28,300,000

28,500,000

'

'

'

'

'

'

'

'

'

'

6,150,000

'

'

'

'

Debt Instrument, Maturity Date

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

30-Jan-16

'

'

1-Jul-18

'

3-Oct-16

'

'

'

'

'

Proceeds from Sale of Property Held-for-sale

'

'

'

1,700,000

24,000,000

1,700,000

'

'

'

'

6,700,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Repayments of Secured Debt

'

'

'

'

'

'

'

'

'

'

6,300,000

'

5,600,000

600,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Long-term Debt, Gross

'

'

'

'

'

'

'

'

'

5,800,000

'

'

'

'

'

'

16,500,000

'

'

5,800,000

8,900,000

'

'

'

'

'

'

'

'

'

'

'

'

'

Debt Instrument, Description of Variable Rate Basis

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'The PB Loan, which bears interest at one-month LIBOR plus 4.00%, with a LIBOR floor of 1.00% or the Prime Rate plus 1.75%, with an all-in floor of 5.00%

'

'

'

'

'The loan, which bears interest at LIBOR, with a floor of 100 basis points, plus a spread of 4.25%, matures on October 3, 2016, at which time all outstanding principal, accrued and unpaid interest and any other amounts due under the loan agreement will become due

'

'

'

'

'

Debt Instrument, Periodic Payment

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

100,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Interest Expense, Debt

'

'

'

'

'

'

'

'

23,000

'

300,000

400,000

'

'

100,000

300,000

'

1,400,000

400,000

'

'

'

134,000

'

'

339,000

'

149,000

148,000

'

'

'

'

'

Debt Instrument Principal and Interest Rate Repayment Period Description

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'Western Loan, which bore interest at LIBOR plus 4.30%, with a LIBOR floor of 0.25%, was due to mature on September 30, 2014.

'

'

'

'

'

'

'

'

'

'

'

'

Debt Instrument, Face Amount

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

7,300,000

'

'

5,900,000

'

11,400,000

'

'

'

'

'

Proceeds from Sale of Property, Plant, and Equipment

17,600,000

'

'

'

'

'

1,700,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Penalty Paid For Prepayment Of Debt

'

'

'

'

'

'

'

'

'

'

400,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Mortgage Loan Amortization Period

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'25 years

'

'

'

'30 years

'

'

'25 years

'

'

'25 years

'

'25 years

'

'

'

'

'

Debt Refinanced Expenses Amount

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

400,000

'

'

'

'

'

'

'

'

'

Expected Additional Borrowings

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

$900,000

'

'

'

'

'

'

Debt Instrument, Interest Rate Terms

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'The Aledo Loan, which bears interest for the first 12 months at 90-day LIBOR plus 4.50%, with a LIBOR floor of 0.50%, matures on July 1, 2018, at which time all outstanding principal, accrued and unpaid interest and any other amounts due under the Aledo Loan will become due. The Aledo Loan is interest only for the first 12 months of the loan, and amortizes over a 25 year period with a 6.00% fixed interest rate thereafter.

'

'

'

'

'

'

'

Discontinued_Operations_Detail

Discontinued Operations (Details) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]	'	'
Rental revenues, tenant reimbursements and other income	$6,736,000	$1,339,000
Depreciation and amortization	-2,340,000	-474,000
Discontinued Operations [Member]	'	'
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]	'	'
Rental revenues, tenant reimbursements and other income	4,373,000	6,282,000
Operating expenses, real estate taxes, and interest expense	-4,957,000	-5,234,000
Depreciation and amortization	-506,000	-1,519,000
Impairment of real estate	-3,368,000	-2,077,000
Gain on sales of real estate, net	5,967,000	0
Income (loss) from discontinued operations	$1,509,000	($2,548,000)

Discontinued_Operations_Detail1

Discontinued Operations (Details 1) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]	'	'
Impairment Charge on Reclassified Assets	$3,368,000	$2,077,000
Carter Commerce Center [Member]	'	'
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]	'	'
Impairment Charge on Reclassified Assets	0	937,000
Goldenrod Commerce Center [Member]	'	'
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]	'	'
Impairment Charge on Reclassified Assets	657,000	0
Hanging Moss Commerce Center [Member]	'	'
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]	'	'
Impairment Charge on Reclassified Assets	1,034,000	0
Monroe Commerce Centers [Member]	'	'
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]	'	'
Impairment Charge on Reclassified Assets	1,677,000	0
Nantucket [Member]	'	'
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]	'	'
Impairment Charge on Reclassified Assets	$0	$1,140,000

Discontinued_Operations_Detail2

Discontinued Operations (Details 2) (USD $)	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Other assets:	'	'	'
Tenant and other receivables, net	$1,173,000	$512,000	'
Leasing commissions, net	-2,389,000	-1,340,000	'
Other assets	299,000	296,000	'
Non-real estate assets associated with real estate held for sale	0	1,888,000	'
Assets of variable interest entity held for sale:	'	'	'
Cash and cash equivalents	10,538,000	999,000	17,483,000
Liabilities of variable interest entity held for sale:	'	'	'
Accounts payable and accrued liabilities	972,000	511,000	'
Liabilities associated with real estate held for sale	0	22,762,000	'
Discontinued Operations [Member]	'	'	'
Investments in real estate:	'	'	'
Land	0	11,525,000	'
Buildings and improvements, net	0	31,406,000	'
Intangible lease assets, net	0	32,000	'
Real estate held for sale, net	0	42,963,000	'
Other assets:	'	'	'
Tenant and other receivables, net	0	671,000	'
Leasing commissions, net	0	481,000	'
Other assets	0	736,000	'
Non-real estate assets associated with real estate held for sale	0	1,888,000	'
Liabilities of variable interest entity held for sale:	'	'	'
Accounts payable and accrued liabilities	0	421,000	'
Interest payable	0	0	'
Tenant security deposits	0	497,000	'
Intangible lease liabilities, net	0	0	'
Notes payable	0	21,844,000	'
Liabilities associated with real estate held for sale	0	22,762,000	'
Variable Interest Entity, Primary Beneficiary [Member]	'	'	'
Investments in real estate:	'	'	'
Land	6,502,000	4,521,000	'
Buildings and improvements, net	52,749,000	23,093,000	'
Intangible lease assets, net	3,823,000	2,650,000	'
Real estate held for sale, net	75,314,000	39,800,000	'
Assets of variable interest entity held for sale:	'	'	'
Total assets	4,299,000	4,264,000	'
Liabilities of variable interest entity held for sale:	'	'	'
Loan payable	52,819,000	28,450,000	'
Variable Interest Entity, Primary Beneficiary [Member] | Discontinued Operations [Member]	'	'	'
Assets of variable interest entity held for sale:	'	'	'
Cash and cash equivalents	124,000	68,000	'
Investments in real estate, net	3,905,000	3,905,000	'
Accounts receivable, inventory and other assets	270,000	291,000	'
Total assets	4,299,000	4,264,000	'
Liabilities of variable interest entity held for sale:	'	'	'
Accounts payable and accrued liabilities	600,000	454,000	'
Interest payable	473,000	299,000	'
Loan payable	219,000	222,000	'
Intangible lease liabilities, net	145,000	145,000	'
Notes payable	1,332,000	1,332,000	'
Liabilities associated with real estate held for sale	$2,769,000	$2,452,000	'

Discontinued_Operations_Detail3

Discontinued Operations (Details Textual) (USD $)

1 Months Ended

12 Months Ended

12 Months Ended

1 Months Ended

3 Months Ended

12 Months Ended

1 Months Ended

3 Months Ended

1 Months Ended

6 Months Ended

12 Months Ended

1 Months Ended

12 Months Ended

Jan. 23, 2013

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2013

Dec. 31, 2013

Jan. 30, 2013

Sep. 30, 2013

Mar. 31, 2013

Dec. 31, 2013

Dec. 31, 2012

Dec. 31, 2013

Dec. 31, 2013

Dec. 31, 2013

Dec. 31, 2013

Dec. 31, 2013

Jan. 30, 2013

Sep. 30, 2013

Jan. 30, 2013

Jun. 30, 2013

Jun. 30, 2013

Dec. 31, 2013

Dec. 31, 2013

Dec. 31, 2013

Dec. 31, 2012

Jan. 23, 2013

Dec. 31, 2012

sqft

Discontinued Operations [Member]

unrelated third party [Member]

Carter Commerce Center [Member]

Carter Commerce Center [Member]

Carter Commerce Center [Member]

Carter Commerce Center [Member]

Carter Commerce Center [Member]

Santa Fe property [Member]

Shoemaker Industrial Buildings One [Member]

Shoemaker Industrial Buildings Two [Member]

Shoemaker Industrial Buildings Three [Member]

Shoemaker Industrial Buildings Four [Member]

Wells Fargo loan [Member]

Wells Fargo loan [Member]

Ge Loan [Member]

Marathon Acquisitions, LLC [Member]

Sulmor LLC [Member]

Wells Fargo Bank And Transamerica Life Insurance Company [Member]

Transamerica Life Insurance Company [Member]

Sherburne Commons Property [Member]

Sherburne Commons Property [Member]

20100 Western Avenue [Member]

20100 Western Avenue [Member]

acre

acre

unrelated third party [Member]

unrelated third party [Member]

unrelated third party [Member]

unrelated third party [Member]

unrelated third party [Member]

Marathon Center Property Buildings [Member]

Marathon Center Property Buildings [Member]

acre

acre

acre

acre

Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Proceeds from Sale of Property Held-for-sale

'

'

'

'

$24,000,000

$1,700,000

$24,000,000

$1,700,000

'

'

$1,700,000

$600,000

$500,000

$600,000

$500,000

'

'

'

$900,000

$1,200,000

'

'

'

'

$17,600,000

'

Area of Real Estate Property

'

331,349

[1]

'

'

526,694

49,125

'

'

'

'

12,200

'

'

'

'

'

'

'

25,117

26,903

'

'

'

'

116,433

'

Asset Impairment Charges

'

3,368,000

2,077,000

'

'

'

'

'

0

937,000

'

'

'

'

'

'

'

'

'

'

'

'

3,400,000

2,100,000

'

'

Proceeds from Sale of Property, Plant, and Equipment

17,600,000

'

'

'

'

'

'

'

'

1,700,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

17,600,000

Repayments Of Secured Debt

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

600,000

'

8,900,000

'

'

11,500,000

'

'

'

'

'

Penalty Paid For Prepayment Of Debt

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

400,000

'

'

'

'

400,000

'

'

'

'

Purchase Options, Land

'

'

'

$8,100,000

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

Investment Options, Expiration Date

'

13-Aug-22

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

'

[1]

The above table excludes Sherburne Commons Residences, LLC (bSherburne Commonsb), a variable interest entity (bVIEb) for which we became the primary beneficiary and began consolidating its financial results as of June 30, 2011. As of October 19, 2011, Sherburne Commons was classified as held for sale (See Note 16).