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 473     448 25
Proceeds from issuance of common stock, net (in shares)   31,934      
Proceeds from issuance of common stock, net 350   350    
Distributions (5,343)     (4,955) (388)
Issuance of OP Units as consideration in real estate acquisitions, net 14,290       14,290
Adjustment to non-controlling interests resulting from changes in ownership of the Operating Partnership $ 0   2,840   (2,840)
Ending balance (in shares) at Dec. 31, 2016 10,024,875 10,024,875      
Ending balance at Dec. 31, 2016 $ 87,777 $ 10 90,082 (13,402) 11,087
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Net income 173     152 21
Proceeds from issuance of common stock, net (in shares)   1,825,749      
Proceeds from issuance of common stock, net 19,555 $ 2 19,553    
Distributions (1,558)     (1,371) (187)
Issuance of OP Units as consideration in real estate acquisitions, net 1       1
Adjustment to non-controlling interests resulting from changes in ownership of the Operating Partnership $ 0   (623)   623
Ending balance (in shares) at Mar. 31, 2017 11,850,624 11,850,624      
Ending balance at Mar. 31, 2017 $ 105,948 $ 12 $ 109,012 $ (14,621) $ 11,545