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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 25,911 $ 30,194
Adjustments to reconcile net income to net cash provided by operating activities    
Straight-line rents (1,685) (2,199)
Amortization of lease intangibles (1,888) (1,775)
Depreciation and amortization 21,063 20,509
Gain on sales of real estate investments (4,465) (14,986)
Deferred financing cost amortization 779 715
Deferred senior secured loan fee amortization (446) (98)
Stock-based compensation 6,160 4,229
Changes in assets and liabilities    
Other assets (1,670) (2,092)
Accounts payable and other liabilities 186 1,151
Net cash provided by operating activities 43,945 35,648
CASH FLOWS FROM INVESTING ACTIVITIES    
Cash paid for property acquisitions (73,210) (100,881)
Proceeds from sales of real estate investments, net 11,980 42,991
Additions to construction in progress (13,810) (2,469)
Additions to buildings, improvements and leasing costs (18,017) (13,327)
Cash paid for senior secured loan 0 (55,000)
Origination and other fees received on senior secured loan 0 900
Net cash used in investing activities (93,057) (127,786)
CASH FLOWS FROM FINANCING ACTIVITIES    
Issuance of common stock 191,018 107,991
Issuance costs on issuance of common stock (2,761) (1,566)
Repurchase of common stock (3,959) (3,870)
Borrowings on credit facility 17,000 98,350
Payments on credit facility (36,000) (93,000)
Payments on mortgage loans payable (749) (945)
Payment of deferred financing costs 0 (10)
Dividends paid to common stockholders (29,752) (24,401)
Net cash provided by financing activities 134,797 82,549
Net increase (decrease) in cash and cash equivalents and restricted cash 85,685 (9,589)
Cash and cash equivalents and restricted cash at beginning of period 34,479 42,800
Cash and cash equivalents and restricted cash at end of period 120,164 33,211
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION    
Cash paid for interest, net of capitalized interest 9,763 9,364
Supplemental disclosures of non-cash transactions    
Accounts payable related to capital improvements 9,575 6,704
Non-cash repayment of senior secured loan (39,085) 0
Lease liability arising from recognition of right-of-use asset 766  
Reconciliation of cash paid for property acquisitions    
Acquisition of properties 80,310 103,714
Assumption of other assets and liabilities (7,100) (2,833)
Net cash paid for property acquisitions $ 73,210 $ 100,881