Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2016

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]

The following schedule summarizes the Company’s amortization of deferred expenses (in thousands) for the years ended December 31, 2016, 2015 and 2014, respectively:

Year Ended December 31,	2016		2015		2014

Credit Facility Financing Costs	$	228	$	225	$	280
Leasing Costs		124		97		126
Lease Intangibles		8,010		4,859		2,491
Total	$	8,362	$	5,181	$	2,897

The following schedule represents estimated future amortization of deferred expenses as of December 31, 2016 (in thousands):

Year Ending December 31,	2017		2018		2019		2020		2021		Thereafter		Total

Credit Facility Financing Costs	$	394	$	379	$	379	$	379	$	21	$	-	$	1,552
Leasing Costs		162		159		157		137		117		495		1,227
Lease Intangibles		9,813		9,637		9,135		8,870		8,592		63,777		109,824
Total	$	10,369	$	10,175	$	9,671	$	9,386	$	8,730	$	64,272	$	112,603

Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

The following is a reconciliation of the denominator of the basic net earnings per common share computation to the denominator of the diluted net earnings per common share computation for each of the periods presented:

	Year Ended December 31,
	2016		2015		2014
Weighted average number of common shares outstanding		23,096,267		18,215,628		15,121,212
Less: Unvested restricted stock		(227,531)		(212,506)		(238,626)
Weighted average number of common shares outstanding used in basic earnings per share		22,868,736		18,003,122		14,882,586

Weighted average number of common shares outstanding used in basic earnings per share		22,868,736		18,003,122		14,882,586
Effect of dilutive securities: restricted stock		91,063		62,293		84,309
Weighted average number of common shares outstanding used in diluted earnings per share		22,959,799		18,065,415		14,966,895