$SGIC
Strategic Realty Trust Inc

2013 Q2 Form 10-Q Financial Statement

#000114420413046025 Filed on August 14, 2013

View on sec.gov

Income Statement

Concept 2013 Q2 2012 Q2 2012
Revenue
YoY Change
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $8.277M $9.068M $32.97M
YoY Change -8.72%
Operating Profit -$2.738M -$13.11M
YoY Change
Interest Expense $2.475M $2.944M $10.39M
YoY Change -15.93%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income
YoY Change
Income Tax
% Of Pretax Income
Net Earnings -$3.639M -$3.935M -$17.06M
YoY Change -7.52%
Net Earnings / Revenue
Basic Earnings Per Share -$0.33 -$0.42 -$1.81
Diluted Earnings Per Share -$0.33 -$0.42 -$1.81
COMMON SHARES
Basic Shares Outstanding 10.97M shares 9.340M shares 9.426M shares
Diluted Shares Outstanding 10.97M shares 9.340M shares 9.426M shares

Balance Sheet

Concept 2013 Q2 2012 Q2 2012
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $492.0K $3.683M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $269.5M
YoY Change
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities
YoY Change
LONG-TERM LIABILITIES
Long-Term Debt
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities
Total Long-Term Liabilities
Total Liabilities $203.9M
YoY Change
SHAREHOLDERS EQUITY
Retained Earnings -$33.30M
YoY Change
Common Stock $110.0K
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $63.13M
YoY Change
Total Liabilities & Shareholders Equity $269.5M
YoY Change

Cashflow Statement

Concept 2013 Q2 2012 Q2 2012
OPERATING ACTIVITIES
Net Income -$3.639M -$3.935M -$17.06M
YoY Change -7.52%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities -$552.0K
YoY Change
INVESTING ACTIVITIES
Capital Expenditures $19.00M
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid $0.00 $1.436M $6.168M
YoY Change -100.0%
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $129.1M
YoY Change
NET CHANGE
Cash From Operating Activities -$552.0K
Cash From Investing Activities
Cash From Financing Activities $129.1M
Net Change In Cash $128.5M
YoY Change
FREE CASH FLOW
Cash From Operating Activities -$552.0K
Capital Expenditures $19.00M
Free Cash Flow
YoY Change

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Document Type
DocumentType
10-Q
dei Document Period End Date
DocumentPeriodEndDate
2013-06-30
dei Document Fiscal Year Focus
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2013
dei Document Fiscal Period Focus
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dei Amendment Flag
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dei Entity Registrant Name
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TNP Strategic Retail Trust, Inc.
dei Entity Central Index Key
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0001446371
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
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dei Entity Filer Category
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306000 USD
us-gaap Payments For Leasing Costs Commissions And Tenant Improvements
PaymentsForLeasingCostsCommissionsAndTenantImprovements
327000 USD
tnps Tenant Lease Incentives
TenantLeaseIncentives
13000 USD
tnps Tenant Lease Incentives
TenantLeaseIncentives
5000 USD
us-gaap Payments For Other Deposits
PaymentsForOtherDeposits
0 USD
us-gaap Payments For Other Deposits
PaymentsForOtherDeposits
-451000 USD
tnps Net Change In Restricted Cash For Capital Expenditures From Investing Activities
NetChangeInRestrictedCashForCapitalExpendituresFromInvestingActivities
-1388000 USD
tnps Net Change In Restricted Cash For Capital Expenditures From Investing Activities
NetChangeInRestrictedCashForCapitalExpendituresFromInvestingActivities
-1541000 USD
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-1707000 USD
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-90438000 USD
us-gaap Cash Provided By Used In Investing Activities Discontinued Operations
CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
9619000 USD
us-gaap Cash Provided By Used In Investing Activities Discontinued Operations
CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
-10082000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
7912000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-100520000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
502000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
43198000 USD
us-gaap Redemption Premium
RedemptionPremium
0 USD
us-gaap Redemption Premium
RedemptionPremium
-177000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
415000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
1710000 USD
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
21000 USD
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
5147000 USD
us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
0 USD
us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
218240000 USD
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
5647000 USD
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
154903000 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
0 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
2609000 USD
us-gaap Proceeds From Repayments Of Restricted Cash Financing Activities
ProceedsFromRepaymentsOfRestrictedCashFinancingActivities
-1306000 USD
us-gaap Proceeds From Repayments Of Restricted Cash Financing Activities
ProceedsFromRepaymentsOfRestrictedCashFinancingActivities
-387000 USD
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-6887000 USD
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
96505000 USD
us-gaap Cash Provided By Used In Financing Activities Discontinued Operations
CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations
-1381000 USD
us-gaap Cash Provided By Used In Financing Activities Discontinued Operations
CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations
8663000 USD
us-gaap Net Cash Provided By Used In Financing Activities
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-8268000 USD
us-gaap Net Cash Provided By Used In Financing Activities
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105168000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
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-1215000 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
1631000 USD
CY2011Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
2052000 USD
CY2012Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
3683000 USD
tnps Common Units Issued In Acquisition Of Real Estate
CommonUnitsIssuedInAcquisitionOfRealEstate
0 USD
tnps Common Units Issued In Acquisition Of Real Estate
CommonUnitsIssuedInAcquisitionOfRealEstate
1371000 USD
tnps Exchange Proceed To Finance Leveraged Buyout
ExchangeProceedToFinanceLeveragedBuyout
0 USD
tnps Exchange Proceed To Finance Leveraged Buyout
ExchangeProceedToFinanceLeveragedBuyout
2508000 USD
us-gaap Mortgage Loans On Real Estate Foreclosures
MortgageLoansOnRealEstateForeclosures
19717000 USD
us-gaap Mortgage Loans On Real Estate Foreclosures
MortgageLoansOnRealEstateForeclosures
0 USD
us-gaap Increase Decrease In Deferred Charges
IncreaseDecreaseInDeferredCharges
0 USD
us-gaap Increase Decrease In Deferred Charges
IncreaseDecreaseInDeferredCharges
521000 USD
us-gaap Stock Issued1
StockIssued1
246000 USD
us-gaap Stock Issued1
StockIssued1
976000 USD
us-gaap Interest Paid Net
InterestPaidNet
4791000 USD
tnps Distributions Declared And Unpaid
DistributionsDeclaredAndUnpaid
0 USD
tnps Distributions Declared And Unpaid
DistributionsDeclaredAndUnpaid
386000 USD
us-gaap Interest Paid Net
InterestPaidNet
6346000 USD
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
502000 USD
us-gaap Noncontrolling Interest Increase From Subsidiary Equity Issuance
NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
0 USD
us-gaap Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
21000 USD
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
25000 USD
us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
246000 USD
us-gaap Dividends Common Stock Cash
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661000 USD
CY2008Q4 tnps Maximum Common Stock Issued In Primary Offering
MaximumCommonStockIssuedInPrimaryOffering
100000000 shares
CY2008Q4 us-gaap Sale Of Stock Price Per Share
SaleOfStockPricePerShare
10.00
CY2012Q4 tnps Common Stock Share Issued Net Of Share Redemption
CommonStockShareIssuedNetOfShareRedemption
10893227 shares
CY2013Q1 us-gaap Stock Issued During Period Shares Dividend Reinvestment Plan
StockIssuedDuringPeriodSharesDividendReinvestmentPlan
391182 shares
CY2012 tnps Partnership Interest Ownership Percentage
PartnershipInterestOwnershipPercentage
1 pure
tnps Partnership Interest Ownership Percentage
PartnershipInterestOwnershipPercentage
1 pure
CY2013Q2 tnps Percentage Of Leased Space Of Retail Properties
PercentageOfLeasedSpaceOfRetailProperties
0.86 pure
tnps Leased Space Of Retail Properties
LeasedSpaceOfRetailProperties
2037000 pure
CY2013Q2 tnps Straight Line Rent Receivable
StraightLineRentReceivable
1994000 USD
CY2012Q4 tnps Straight Line Rent Receivable
StraightLineRentReceivable
1380000 USD
CY2013Q2 us-gaap Area Of Real Estate Property
AreaOfRealEstateProperty
99979 sqft
tnps Value Of Rentable Area Based On Company Annual Minimum Rent
ValueOfRentableAreaBasedOnCompanyAnnualMinimumRent
1048000 USD
tnps Net Rentable Area Percentage
NetRentableAreaPercentage
0.05 pure
tnps Percentage Of Minimum Value Of Rentable Area Based On Company Annual Minimum Rent
PercentageOfMinimumValueOfRentableAreaBasedOnCompanyAnnualMinimumRent
0.04 pure
us-gaap Use Of Estimates
UseOfEstimates
<div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> <strong><em>Use of Estimates</em></strong></div> <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt"><font size="2">&#160;</font></div> <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 24.5pt; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> The preparation of the Company&#8217;s financial statements requires significant management judgments, assumptions and estimates about matters that are inherently uncertain. These judgments affect the reported amounts of assets and liabilities and the Company&#8217;s disclosure of contingent assets and liabilities at the dates of the financial statements and the reported amounts of revenue and expenses during the reporting periods. With different estimates or assumptions, materially different amounts could be reported in the Company&#8217;s financial statements. Additionally, other companies may utilize different estimates that may impact the comparability of the Company&#8217;s results of operations to those of companies in similar businesses. The Company considers significant estimates to include the carrying amounts and recoverability of investments in real estate, impairments, real estate acquisition purchase price allocations, allowance for doubtful accounts, estimated useful lives to determine depreciation and amortization and fair value determinations, among others.</div> </div>
us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> <strong><em>Concentration of Credit Risk</em></strong></div> <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt"><font size="2">&#160;</font></div> <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 24.5pt; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> A concentration of credit risk arises in the Company&#8217;s business when a national or regionally based tenant occupies a substantial amount of space in multiple properties owned by the Company. In that event, if the tenant suffers a significant downturn in its business, it may become unable to make its contractual rent payments to the Company, exposing the Company to potential losses in rental revenue, expense recoveries, and percentage rent. Further, the impact may be magnified if the tenant is renting space in multiple locations. Generally, the Company does not obtain security from the nationally-based or regionally-based tenants in support of their lease obligations to the Company. The Company regularly monitors its tenant base to assess potential concentrations of credit risk. As of June 30, 2013, Publix is the Company&#8217;s largest tenant and accounted for approximately <font style=" FONT-SIZE: 10pt">99,979</font> square feet, or approximately <font style=" FONT-SIZE: 10pt">5</font>% of the Company&#8217;s gross leasable area, and approximately $<font style=" FONT-SIZE: 10pt">1,048,000</font>, or <font style=" FONT-SIZE: 10pt">4</font>% of the Company&#8217;s annual minimum rent. No other tenant accounted for over 5% of the Company&#8217;s annual minimum rent. There were no outstanding receivables from Publix at June 30, 2013.</div> <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt"><font size="2">&#160;</font></div> <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 24.5pt; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> The Company&#8217;s real estate properties are leased to tenants under operating leases for which the terms and expirations vary. As of June 30, 2013, the leases at the Company&#8217;s properties have remaining terms (excluding options to extend) of up to 14 years with a weighted-average remaining term (excluding options to extend) of&#160;eight years. The leases may have provisions to extend the lease agreements, options for early termination after paying a specified penalty, rights of first refusal to purchase the property at competitive market rates, and other terms and conditions as negotiated. The Company retains substantially all of the risks and benefits of ownership of the real estate assets leased to tenants. Generally, upon the execution of a lease, the Company requires security deposits from tenants in the form of a cash deposit and/or a letter of credit. Amounts required as security deposits vary depending upon the terms of the respective leases and the creditworthiness of the tenant, but generally are not significant amounts. Therefore, exposure to credit risk exists to the extent that a receivable from a tenant exceeds the amount of its security deposit. Security deposits received in cash related to tenant leases are included in other liabilities in the accompanying condensed consolidated balance sheets and totaled $<font style=" FONT-SIZE: 10pt">555,000</font> and $<font style=" FONT-SIZE: 10pt">651,000</font> as of June 30, 2013 and December 31, 2012, respectively.</div> </div>
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> <strong><em>Reclassification</em></strong></div> <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt"><font size="2">&#160;</font></div> <div style="clear:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 24.5pt; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> Assets sold or held-for-sale have been reclassified on the condensed consolidated balance sheets and the related operating results reclassified from continuing to discontinued operations on the condensed consolidated statements of operations and condensed consolidated statements of cash flows. Certain amounts from the prior year have been reclassified to conform to current period presentation.</div> </div>
CY2013Q2 us-gaap Advance Rent
AdvanceRent
555000 USD
CY2012Q4 us-gaap Advance Rent
AdvanceRent
651000 USD
tnps Acquisition Expense
AcquisitionExpense
3037000 USD
CY2012Q2 tnps Business Acquisitions Purchase Price Allocation Property
BusinessAcquisitionsPurchasePriceAllocationProperty
103400000 USD
tnps Percent Of Taxable Income Require To Distribute To Investors In Real Estate Investment Trust
PercentOfTaxableIncomeRequireToDistributeToInvestorsInRealEstateInvestmentTrust
0.9 pure
CY2013Q2 us-gaap Disposal Group Including Discontinued Operation Rental Income
DisposalGroupIncludingDiscontinuedOperationRentalIncome
695000 USD
CY2012Q2 us-gaap Disposal Group Including Discontinued Operation Rental Income
DisposalGroupIncludingDiscontinuedOperationRentalIncome
1496000 USD
us-gaap Disposal Group Including Discontinued Operation Rental Income
DisposalGroupIncludingDiscontinuedOperationRentalIncome
1512000 USD
us-gaap Disposal Group Including Discontinued Operation Rental Income
DisposalGroupIncludingDiscontinuedOperationRentalIncome
2896000 USD
CY2013Q2 us-gaap Disposal Group Including Discontinued Operation Operating Expense
DisposalGroupIncludingDiscontinuedOperationOperatingExpense
566000 USD
CY2012Q2 us-gaap Disposal Group Including Discontinued Operation Operating Expense
DisposalGroupIncludingDiscontinuedOperationOperatingExpense
478000 USD
us-gaap Disposal Group Including Discontinued Operation Operating Expense
DisposalGroupIncludingDiscontinuedOperationOperatingExpense
911000 USD
us-gaap Disposal Group Including Discontinued Operation Operating Expense
DisposalGroupIncludingDiscontinuedOperationOperatingExpense
976000 USD
CY2013Q2 tnps Disposal Group Discontinued Operations Depreciation And Amortization
DisposalGroupDiscontinuedOperationsDepreciationAndAmortization
231000 USD
CY2012Q2 tnps Disposal Group Discontinued Operations Depreciation And Amortization
DisposalGroupDiscontinuedOperationsDepreciationAndAmortization
524000 USD
tnps Disposal Group Discontinued Operations Depreciation And Amortization
DisposalGroupDiscontinuedOperationsDepreciationAndAmortization
435000 USD
tnps Disposal Group Discontinued Operations Depreciation And Amortization
DisposalGroupDiscontinuedOperationsDepreciationAndAmortization
986000 USD
CY2013Q2 tnps Discontinued Operations Transaction Expenses
DiscontinuedOperationsTransactionExpenses
0 USD
CY2012Q2 tnps Discontinued Operations Transaction Expenses
DiscontinuedOperationsTransactionExpenses
326000 USD
tnps Discontinued Operations Transaction Expenses
DiscontinuedOperationsTransactionExpenses
0 USD
tnps Discontinued Operations Transaction Expenses
DiscontinuedOperationsTransactionExpenses
326000 USD
CY2013Q2 us-gaap Disposal Group Including Discontinued Operation Interest Expense
DisposalGroupIncludingDiscontinuedOperationInterestExpense
201000 USD
CY2012Q2 us-gaap Disposal Group Including Discontinued Operation Interest Expense
DisposalGroupIncludingDiscontinuedOperationInterestExpense
443000 USD
us-gaap Disposal Group Including Discontinued Operation Interest Expense
DisposalGroupIncludingDiscontinuedOperationInterestExpense
684000 USD
us-gaap Disposal Group Including Discontinued Operation Interest Expense
DisposalGroupIncludingDiscontinuedOperationInterestExpense
850000 USD
CY2013Q2 us-gaap Discontinued Operation Income Loss From Discontinued Operation During Phase Out Period Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodBeforeIncomeTax
-303000 USD
CY2012Q2 us-gaap Discontinued Operation Income Loss From Discontinued Operation During Phase Out Period Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodBeforeIncomeTax
-275000 USD
us-gaap Discontinued Operation Income Loss From Discontinued Operation During Phase Out Period Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodBeforeIncomeTax
-518000 USD
us-gaap Discontinued Operation Income Loss From Discontinued Operation During Phase Out Period Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodBeforeIncomeTax
-242000 USD
CY2013Q2 us-gaap Discontinued Operation Gain Loss From Disposal Of Discontinued Operation Before Income Tax
DiscontinuedOperationGainLossFromDisposalOfDiscontinuedOperationBeforeIncomeTax
-111000 USD
CY2012Q2 us-gaap Discontinued Operation Gain Loss From Disposal Of Discontinued Operation Before Income Tax
DiscontinuedOperationGainLossFromDisposalOfDiscontinuedOperationBeforeIncomeTax
0 USD
us-gaap Discontinued Operation Gain Loss From Disposal Of Discontinued Operation Before Income Tax
DiscontinuedOperationGainLossFromDisposalOfDiscontinuedOperationBeforeIncomeTax
4727000 USD
us-gaap Discontinued Operation Gain Loss From Disposal Of Discontinued Operation Before Income Tax
DiscontinuedOperationGainLossFromDisposalOfDiscontinuedOperationBeforeIncomeTax
0 USD
CY2013Q2 us-gaap Security Deposit
SecurityDeposit
555000 USD
us-gaap Description Of Lessee Leasing Arrangements Operating Leases
DescriptionOfLesseeLeasingArrangementsOperatingLeases
As of June 30, 2013, the leases at the Companys properties have remaining terms (excluding options to extend) of up to 14 years with a weighted-average remaining term (excluding options to extend) of eight years.
CY2013Q2 tnps Aggregate Income Attributable To Parent From Discontinued Operation
AggregateIncomeAttributableToParentFromDiscontinuedOperation
-414000 USD
CY2012Q2 tnps Aggregate Income Attributable To Parent From Discontinued Operation
AggregateIncomeAttributableToParentFromDiscontinuedOperation
-275000 USD
tnps Aggregate Income Attributable To Parent From Discontinued Operation
AggregateIncomeAttributableToParentFromDiscontinuedOperation
4209000 USD
tnps Aggregate Income Attributable To Parent From Discontinued Operation
AggregateIncomeAttributableToParentFromDiscontinuedOperation
-242000 USD
CY2012Q4 us-gaap Security Deposit
SecurityDeposit
651000 USD
CY2013Q2 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
10362000 USD
CY2013Q2 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
20303000 USD
CY2013Q2 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
19076000 USD
CY2013Q2 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
17736000 USD
CY2013Q2 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
16315000 USD
CY2013Q2 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
83841000 USD
CY2013Q2 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
167633000 USD
CY2013Q2 us-gaap Interest Expense Debt
InterestExpenseDebt
3412000 USD
CY2012Q2 us-gaap Interest Expense Debt
InterestExpenseDebt
2944000 USD
CY2013Q2 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
282000 USD
CY2012Q2 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
643000 USD
CY2012Q2 us-gaap Write Off Of Deferred Debt Issuance Cost
WriteOffOfDeferredDebtIssuanceCost
390000 USD
us-gaap Interest Expense Debt
InterestExpenseDebt
6875000 USD
us-gaap Interest Expense Debt
InterestExpenseDebt
5636000 USD
us-gaap Write Off Of Deferred Debt Issuance Cost
WriteOffOfDeferredDebtIssuanceCost
930000 USD
CY2013Q2 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
877000 USD
CY2012Q4 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
1097000 USD
tnps Amount Of Netproceeds From Sale Of Assets Paid Towards Credit Facility Borrowing
AmountOfNetproceedsFromSaleOfAssetsPaidTowardsCreditFacilityBorrowing
1983000 USD
tnps Percentage Of Forbearance Fees Paid To Total Amount Outstanding
PercentageOfForbearanceFeesPaidToTotalAmountOutstanding
1 pure
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
569000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
1464000 USD
CY2013Q2 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
164383000 USD
CY2012Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
190577000 USD
CY2013Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
832000 USD
CY2013Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
22982000 USD
CY2013Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
3246000 USD
CY2013Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
18595000 USD
CY2013Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
89813000 USD
CY2013Q2 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
28915000 USD
CY2013Q2 us-gaap Long Term Debt
LongTermDebt
164383000 USD
CY2013Q2 us-gaap Notes Payable Current
NotesPayableCurrent
164383000 USD
CY2013Q2 us-gaap Notes Payable Fair Value Disclosure
NotesPayableFairValueDisclosure
164172000 USD
CY2012Q4 us-gaap Notes Payable Current
NotesPayableCurrent
190577000 USD
CY2012Q4 us-gaap Notes Payable Fair Value Disclosure
NotesPayableFairValueDisclosure
191319000 USD
CY2013Q1 us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
391182 USD
tnps Weighted Average Number Of Shares
WeightedAverageNumberOfShares
0.050 pure
tnps Real Estate Investment Trust Taxable Income Distribution
RealEstateInvestmentTrustTaxableIncomeDistribution
0.9 pure
us-gaap Distribution Made To Limited Liability Company Llc Member Distributions Declared Per Unit
DistributionMadeToLimitedLiabilityCompanyLLCMemberDistributionsDeclaredPerUnit
0.05833
CY2013Q2 us-gaap Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
10526316 shares
tnps Distributions Reinvested
DistributionsReinvested
25940 shares
tnps Distributions Reinvested
DistributionsReinvested
102709 shares
us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
976000 USD
tnps Period Over Which Distribution Made To Stock Holders
PeriodOverWhichDistributionMadeToStockHolders
P15D
CY2013Q1 us-gaap Dividends Common Stock
DividendsCommonStock
636000 USD
CY2013Q2 us-gaap Dividends Common Stock
DividendsCommonStock
0 USD
us-gaap Dividends Common Stock
DividendsCommonStock
636000 USD
CY2013Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.05833
CY2013Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0
CY2013Q1 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
25000 USD
CY2013Q2 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
0 USD
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
25000 USD
CY2013Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
390000 USD
CY2013Q2 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
0 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
390000 USD
CY2013Q1 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
25000 USD
CY2013Q2 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
0 USD
us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
25000 USD
CY2013Q1 us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
246000 USD
CY2013Q2 us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
0 USD
CY2013Q1 us-gaap Payments Of Dividends
PaymentsOfDividends
636000 USD
CY2013Q2 us-gaap Payments Of Dividends
PaymentsOfDividends
0 USD
CY2012 us-gaap Dividends Common Stock
DividendsCommonStock
5953000 USD
CY2012Q1 us-gaap Dividends Common Stock
DividendsCommonStock
1183000 USD
CY2012Q2 us-gaap Dividends Common Stock
DividendsCommonStock
1637000 USD
CY2012Q3 us-gaap Dividends Common Stock
DividendsCommonStock
1874000 USD
CY2012Q4 us-gaap Dividends Common Stock
DividendsCommonStock
1259000 USD
CY2012Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.05833
CY2012Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.05833
CY2012Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.05833
CY2012Q4 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.05833
CY2012Q1 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
57000 USD
CY2012Q2 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
74000 USD
CY2012Q3 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
76000 USD
CY2012 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
258000 USD
CY2012Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
721000 USD
CY2012Q4 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
51000 USD
CY2012Q2 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
866000 USD
CY2012Q3 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
1015000 USD
CY2012Q4 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
1274000 USD
CY2012 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
3876000 USD
CY2012Q1 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
52000 USD
CY2012Q2 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
71000 USD
CY2012Q3 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
76000 USD
CY2012Q4 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
76000 USD
CY2012 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
275000 USD
CY2012Q1 us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
406000 USD
CY2012Q2 us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
570000 USD
CY2012Q3 us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
709000 USD
CY2012Q4 us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
607000 USD
CY2012 us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
2292000 USD
CY2012Q1 us-gaap Payments Of Dividends
PaymentsOfDividends
1127000 USD
CY2012Q2 us-gaap Payments Of Dividends
PaymentsOfDividends
1436000 USD
CY2012Q3 us-gaap Payments Of Dividends
PaymentsOfDividends
1724000 USD
CY2012Q4 us-gaap Payments Of Dividends
PaymentsOfDividends
1881000 USD
CY2012 us-gaap Payments Of Dividends
PaymentsOfDividends
6168000 USD
CY2013Q2 us-gaap Income Loss From Continuing Operations Attributable To Noncontrolling Entity
IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
-127000 USD
CY2012Q2 us-gaap Income Loss From Continuing Operations Attributable To Noncontrolling Entity
IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
-171000 USD
us-gaap Income Loss From Continuing Operations Attributable To Noncontrolling Entity
IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
-257000 USD
us-gaap Income Loss From Continuing Operations Attributable To Noncontrolling Entity
IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
-384000 USD
CY2013Q2 tnps Distributions Paid On Unvested Restricted Shares
DistributionsPaidOnUnvestedRestrictedShares
0 USD
CY2012Q2 tnps Distributions Paid On Unvested Restricted Shares
DistributionsPaidOnUnvestedRestrictedShares
1000 USD
tnps Distributions Paid On Unvested Restricted Shares
DistributionsPaidOnUnvestedRestrictedShares
0 USD
tnps Distributions Paid On Unvested Restricted Shares
DistributionsPaidOnUnvestedRestrictedShares
2000 USD
CY2013Q2 tnps Continue Operation Income Loss Applicable To Common Stock Holder
ContinueOperationIncomeLossApplicableToCommonStockHolder
-3241000 USD
CY2012Q2 tnps Continue Operation Income Loss Applicable To Common Stock Holder
ContinueOperationIncomeLossApplicableToCommonStockHolder
-3673000 USD
tnps Continue Operation Income Loss Applicable To Common Stock Holder
ContinueOperationIncomeLossApplicableToCommonStockHolder
-6551000 USD
tnps Continue Operation Income Loss Applicable To Common Stock Holder
ContinueOperationIncomeLossApplicableToCommonStockHolder
-7859000 USD
CY2013Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-3639000 USD
CY2012Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-3936000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-2501000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-8090000 USD
CY2013Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Noncontrolling Interest
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest
-16000 USD
CY2012Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Noncontrolling Interest
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest
-12000 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Noncontrolling Interest
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest
159000 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Noncontrolling Interest
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest
-11000 USD
CY2013Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
CY2012Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
CY2013Q2 us-gaap Share Based Compensation
ShareBasedCompensation
10000 USD
CY2012Q2 us-gaap Share Based Compensation
ShareBasedCompensation
13000 USD
CY2013Q2 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
34000 USD
CY2012Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
60000 USD
CY2013Q2 tnps Share Based Compensation Arrangement By Share Based Payment Award Options Vested Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedFairValue
60000 USD
CY2012Q4 tnps Share Based Compensation Arrangement By Share Based Payment Award Options Vested Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedFairValue
90000 USD
CY2013Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
6667 shares
CY2012Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
10000 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
3333 shares
CY2012Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
9.00
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
0 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
0
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
0
CY2013Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
9.00
CY2013Q2 tnps Reimbursement Of Organizatin And Offering Cost In Excess Of Percentage
ReimbursementOfOrganizatinAndOfferingCostInExcessOfPercentage
0.030 pure
tnps Cumulative Organization And Offering Costs Reimbursed To Advisor
CumulativeOrganizationAndOfferingCostsReimbursedToAdvisor
4273000 USD
CY2013Q2 us-gaap Due To Other Related Parties Noncurrent
DueToOtherRelatedPartiesNoncurrent
1001000 USD
tnps Dealer Manager Sales Commission Of Gross Proceeds From Sale Of Shares Percentage
DealerManagerSalesCommissionOfGrossProceedsFromSaleOfSharesPercentage
0.070 pure
tnps Dealer Manager Fee Of Gross Proceeds From Sale Of Shares In Primary Offerings Percentage
DealerManagerFeeOfGrossProceedsFromSaleOfSharesInPrimaryOfferingsPercentage
0.030 pure
tnps Related Party Reimbursement Of Operating Expenses Terms
RelatedPartyReimbursementOfOperatingExpensesTerms
will not reimburse Advisor for any amount by which the Company’s operating expenses (including the asset management fee described below) at the end of the four preceding fiscal quarters exceeds the greater of: (1) 2% of its average invested assets (as defined in the Charter), or (2) 25% of its net income (as defined in the Charter) determined without reduction for any additions to depreciation, bad debts or other similar non-cash expenses and excluding any gain from the sale of the Company’s assets for that period
tnps Reimbursement Of Operating Expenses Description
ReimbursementOfOperatingExpensesDescription
(1) 2% of its average invested assets (as defined in the Charter), or (2) 25% of its net income (as defined in the Charter) determined without reduction for any additions to depreciation, bad debts or other similar non-cash expenses and excluding any gain from the sale of the Companys assets for that period (the 2%/25% guideline). Notwithstanding the above, the Company could reimburse Prior Advisor for expenses in excess of the 2%/25% guideline if a majority of the independent directors determined that such excess expenses are justified based on unusual and nonrecurring factors. For the twelve months ended June 30, 2013, the Companys total operating expenses (as defined in the Charter) did not exceed the 2%/25% guideline.
CY2012Q2 us-gaap Related Party Transaction Amounts Of Transaction
RelatedPartyTransactionAmountsOfTransaction
2424000 USD
us-gaap Related Party Transaction Amounts Of Transaction
RelatedPartyTransactionAmountsOfTransaction
47000 USD
us-gaap Related Party Transaction Amounts Of Transaction
RelatedPartyTransactionAmountsOfTransaction
4154000 USD
us-gaap Related Party Transaction Amounts Of Transaction
RelatedPartyTransactionAmountsOfTransaction
10015000 USD
tnps Maximum Property Management Fee On Gross Revenues Generated By Each Property Percentage
MaximumPropertyManagementFeeOnGrossRevenuesGeneratedByEachPropertyPercentage
0.050 pure
tnps Acquisition And Origination Fee On Cost Of Investment Acquired Percentage
AcquisitionAndOriginationFeeOnCostOfInvestmentAcquiredPercentage
0.025 pure
tnps Advisor Pay On Amount Funded To Acquired Real Estate Related Loans Percentage
AdvisorPayOnAmountFundedToAcquiredRealEstateRelatedLoansPercentage
0.025 pure
tnps Related Party Asset Management Fee On Acquired Real Estate Investments
RelatedPartyAssetManagementFeeOnAcquiredRealEstateInvestments
0.006 pure
tnps Related Party Asset Management Fee To Advisor Not To Be Paid On Cumulative Non Compounded Annual Return On Invested Capital Percentage
RelatedPartyAssetManagementFeeToAdvisorNotToBePaidOnCumulativeNonCompoundedAnnualReturnOnInvestedCapitalPercentage
0.10 pure
tnps Related Party Disposition Fees Of Customary And Competitive Real Estate Commission Percentage Maximum
RelatedPartyDispositionFeesOfCustomaryAndCompetitiveRealEstateCommissionPercentageMaximum
0.50 pure
tnps Related Party Disposition Fee On Contract Sales Price Percentage
RelatedPartyDispositionFeeOnContractSalesPricePercentage
0.030 pure
CY2012Q4 tnps Reimbursement Of Organizatin And Offering Cost In Excess Of Percentage
ReimbursementOfOrganizatinAndOfferingCostInExcessOfPercentage
0.030 pure
us-gaap Property Management Fee Percent Fee
PropertyManagementFeePercentFee
0.04 pure
CY2013Q2 us-gaap Related Party Transaction Amounts Of Transaction
RelatedPartyTransactionAmountsOfTransaction
0 USD
tnps Profit Participation Payment Percentage
ProfitParticipationPaymentPercentage
0.25 pure
tnps Stipulated Amount For Calculation Of Net Profits On Sale Of Property
StipulatedAmountForCalculationOfNetProfitsOnSaleOfProperty
3200000 USD
CY2013Q2 us-gaap Net Rentable Area
NetRentableArea
23000 acre
tnps Monthly Operating Leases Rent Expense Net
MonthlyOperatingLeasesRentExpenseNet
36425 USD
us-gaap Lease Expiration Date1
LeaseExpirationDate1
2060-02-01
CY2012 tnps Non Refundable Deposit
NonRefundableDeposit
250000 USD
CY2013Q3 tnps Refund Of Deposits
RefundOfDeposits
125000 USD

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