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Summary of Significant Accounting Policies (Tables)
3 Months Ended
Mar. 31, 2018
Accounting Policies [Abstract]  
Schedule of Real Estate Properties [Table Text Block]
Real estate held for sale consisted of the following as of (in thousands):
 
 
 
March 31, 2018
 
December 31, 2017
 
 
 
 
 
 
 
 
 
Land
 
$
2,525
 
$
393
 
Buildings
 
 
5,837
 
 
1,857
 
Lease Intangibles
 
 
(458)
 
 
557
 
 
 
 
7,904
 
 
2,807
 
Accumulated depreciation and amortization
 
 
(208)
 
 
(387)
 
 
 
$
7,696
 
$
2,420
 
Schedule of Amortization of Deferred Expenses [Table Text Block]
The following schedule summarizes the Company’s amortization of deferred expenses for the three months ended March 31, 2018 and 2017 (in thousands):
 
 
 
Three Months Ended
 
 
 
March 31, 2018
 
March 31, 2017
 
 
 
 
 
 
 
 
 
Credit Facility Financing Costs
 
$
101
 
$
99
 
Leasing Costs
 
 
43
 
 
40
 
Lease Intangibles (Asset)
 
 
6,053
 
 
3,484
 
Lease Intangibles (Liability)
 
 
(1,818)
 
 
(1,056)
 
Total
 
$
4,379
 
$
2,567
 
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]
The following schedule represents estimated future amortization of deferred expenses as of March 31, 2018 (in thousands):
 
Year Ending December 31,
 
2018
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(remaining)
 
2019
 
2020
 
2021
 
2022
 
Thereafter
 
Total
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Credit Facility Financing Costs
 
$
293
 
$
380
 
$
380
 
$
20
 
$
-
 
$
-
 
$
1,073
 
Leasing Costs
 
$
140
 
$
180
 
$
205
 
$
196
 
$
187
 
$
643
 
$
1,551
 
Lease Intangibles (Asset)
 
$
21,395
 
$
20,654
 
$
20,160
 
$
19,450
 
$
18,226
 
$
108,778
 
$
208,663
 
Lease Intangibles (Liability)
 
$
(4,277)
 
$
(4,245)
 
$
(4,081)
 
$
(3,671)
 
$
(2,848)
 
$
(8,401)
 
$
(27,523)
 
Total
 
$
17,551
 
$
16,969
 
$
16,664
 
$
15,995
 
$
15,565
 
$
101,020
 
$
183,764
 
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:
 
 
 
Three Months Ended
 
 
 
March 31, 2018
 
March 31, 2017
 
Weighted average number of common shares outstanding
 
 
31,013,545
 
 
26,182,994
 
Less: Unvested restricted stock
 
 
(212,074)
 
 
(229,897)
 
Weighted average number of common shares outstanding used in basic earnings per share
 
 
30,801,471
 
 
25,953,097
 
 
 
 
 
 
 
 
 
Weighted average number of common shares outstanding used in basic earnings per share
 
 
30,801,471
 
 
25,953,097
 
Effect of dilutive securities
 
 
49,587
 
 
56,023
 
Weighted average number of common shares outstanding used in diluted earnings per share
 
 
30,851,058
 
 
26,009,120