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Consolidated Statements Of Cash Flows (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 1,785 $ 794
Adjustments to reconcile net income to net cash provided by operating activities    
Straight line rents (453) (441)
Amortization of lease intangibles (228) (117)
Depreciation and amortization 4,366 2,636
Depreciation related to discontinued operations   101
Deferred financing cost and mortgage premium amortization 65 58
Stock-based compensation 525 442
Changes in assets and liabilities    
Other assets (1,079) (270)
Accounts payable and other liabilities 837 (1,296)
Net cash provided by operating activities 5,818 1,907
CASH FLOWS FROM INVESTING ACTIVITIES    
Restricted cash (187) (47)
Cash paid for property acquisitions (30,685) (11,470)
Cash paid for deposits on property acquisitions (100) (350)
Additions to buildings, improvements and leasing costs (2,091) (1,634)
Net cash used in investing activities (33,063) (13,501)
CASH FLOWS FROM FINANCING ACTIVITIES    
Issuance of common stock   91,224
Issuance costs on issuance of common stock   (335)
Repurchase of common stock (284) (160)
Borrowings on credit facility 36,500  
Payments on credit facility   (65,429)
Payments on mortgage loans payable (6,619) (703)
Payment of deferred financing costs (1) (718)
Dividends paid to common stockholders (3,249) (1,612)
Dividends paid to preferred stockholders (891) (891)
Net cash provided by financing activities 25,456 21,376
Net (decrease) increase in cash and cash equivalents (1,789) 9,782
Cash and cash equivalents at beginning of year 6,989 5,930
Cash and cash equivalents at end of year 5,200 15,712
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION    
Cash paid for interest, net of capitalized interest 1,870 1,671
Supplemental disclosures of non-cash transactions    
Accounts payable related to capital improvements 3,061 1,316
Reconciliation of cash paid for property acquisitions    
Acquisition of properties 33,882 11,912
Assumption of mortgage loans payable (2,764)  
Mortgage premiums (43)  
Assumptions of other assets and liabilities (390) (442)
Net cash paid for property acquisitions $ 30,685 $ 11,470