Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Equity

v3.7.0.1
Condensed Consolidated Statements of Equity - USD ($)
$ in Thousands
Total
Common Stock
Additional Paid-in Capital
Accumulated Deficit
Non- Controlling Interests
Beginning balance (in shares) at Dec. 31, 2015   9,992,941      
Beginning balance at Dec. 31, 2015 $ 78,007 $ 10 $ 86,892 $ (8,895) $ 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income 356     342 14
Proceeds from issuance of common stock, net (30)   (4)   (26)
Distributions (2,558)     (2,436) (122)
Issuance of OP Units as consideration in real estate acquisitions, net 6,452       6,452
Adjustment to non-controlling interests resulting from changes in ownership of the Operating Partnership 0   607   (607)
Ending balance (in shares) at Jun. 30, 2016   9,992,941      
Ending balance at Jun. 30, 2016 $ 82,227 $ 10 87,495 (10,989) 5,711
Beginning balance (in shares) at Dec. 31, 2016 10,024,875 10,024,875      
Beginning balance at Dec. 31, 2016 $ 87,777 $ 10 90,082 (13,402) 11,087
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income 428     379 49
Proceeds from issuance of common stock, net (in shares)   1,825,749      
Proceeds from issuance of common stock, net 19,565 $ 2 19,563    
Distributions (3,294)     (2,918) (376)
Adjustment to non-controlling interests resulting from changes in ownership of the Operating Partnership $ 0   (625)   625
Ending balance (in shares) at Jun. 30, 2017 11,850,624 11,850,624.000      
Ending balance at Jun. 30, 2017 $ 104,476 $ 12 $ 109,020 $ (15,941) $ 11,385