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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Cash Flows from Operating Activities    
Net income $ 32,891 $ 31,835
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 10,958 8,752
Amortization 5,943 3,904
Amortization from financing and credit facility costs 523 525
Stock-based compensation 1,726 1,522
(Gain) loss on extinguishment of debt 33 180
(Gain) loss on sale of assets (7,133) (12,134)
(Increase) decrease in cash held in escrows (12,292) 0
(Increase) decrease in accounts receivable (3,204) (1,631)
(Increase) decrease in other assets 167 473
Increase (decrease) in accounts payable 2,798 29
Increase (decrease) in deferred revenue (541) (348)
Increase (decrease) in accrued interest 1,608 1,247
Increase (decrease) in tenant deposits 65 (8)
Net Cash Provided by Operating Activities 33,542 34,346
Cash Flows from Investing Activities    
Acquisition of real estate investments (235,855) (161,693)
Development of real estate investments and other (including capitalized interest of $27 in 2016 and $17 in 2015) (20,262) (5,346)
Payment of leasing costs (648) (66)
Net proceeds from sale of assets 22,098 28,132
Net Cash Used In Investing Activities (234,667) (138,973)
Cash Flows from Financing Activities    
Proceeds from common stock offerings, net 124,099 38,795
Repurchase of common shares (712) 0
Unsecured revolving credit facility borrowings 227,000 128,000
Unsecured revolving credit facility repayments (198,000) (116,000)
Payments of mortgage notes payable (31,059) (4,467)
Unsecured term loan proceeds 60,283  
Senior unsecured notes proceeds 60,000 100,000
Dividends paid (30,593) (24,209)
Limited partners' distributions paid (490) (475)
Debt extinguishment costs 0 (150)
Payments for financing costs (624) (886)
Net Cash Provided by Financing Activities 209,904 120,608
Net Increase (Decrease) in Cash and Cash Equivalents 8,779 15,981
Cash and Cash Equivalents, beginning of period 2,712 5,399
Cash and Cash Equivalents, end of period 11,491 21,380
Supplemental Disclosure of Cash Flow Information    
Cash paid for interest (net of amounts capitalized) 9,159 9,143
Cash paid (refunded) for income tax 8 0
Supplemental Disclosure of Non-Cash Investing and Financing Activities    
Shares issued under equity incentive plans $ 3,059 $ 2,464