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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Cash flows from operating activities:    
Net income $ 4,398 $ 3,201
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 56,958 55,021
Amortization of market-lease intangibles and inducements, net (1,233) (2,088)
Amortization of debt discounts and financing costs 1,175 2,119
Straight-line rent adjustments, net (1,887) (1,762)
Provision for (reversal of) estimated credit losses 231 (124)
Gain on sale of investment properties 0 (984)
Equity in losses of unconsolidated entities 0 514
Stock-based compensation expense, net 4,757 4,269
Changes in operating assets and liabilities:    
Accounts and rents receivable 6,148 6,181
Deferred costs and other assets, net (1,542) 411
Accounts payable and accrued expenses (5,891) (4,162)
Other liabilities (1,652) 889
Net cash provided by operating activities 61,462 63,485
Cash flows from investing activities:    
Purchase of investment properties (60,533) (152,047)
Capital expenditures and tenant improvements (10,730) (12,692)
Investment in development and redevelopment projects (4,137) (2,622)
Proceeds from sale of investment properties, net 0 1,581
Distributions from unconsolidated entities 0 91,355
Lease commissions and other leasing costs (1,653) (1,840)
Other investing activities, net (192) (1,540)
Net cash used in investing activities (77,245) (77,805)
Cash flows from financing activities:    
Payment of tax withholdings for stock-based compensation (1,197) (556)
Distributions to shareholders (29,954) (28,385)
Line of credit proceeds 0 30,000
Line of credit repayments 0 (30,000)
Payoffs of debt (15,700) (13,700)
Principal payments on mortgage debt 0 (32)
Other financing activities 0 (20)
Net cash used in financing activities (46,851) (42,693)
Net decrease in cash, cash equivalents and restricted cash (62,634) (57,013)
Cash, cash equivalents and restricted cash at the beginning of the period 99,763 137,762
Cash, cash equivalents and restricted cash at the end of the period 37,129 80,749
Cash flow disclosure, including non-cash activities:    
Cash paid for interest, net of capitalized interest 18,536 16,727
Cash paid for income taxes 569 525
Previously held equity investments in real estate assets acquired 0 39,603
Distributions payable to shareholders 15,370 14,553
Accrued capital expenditures and tenant improvements 4,377 2,944
Capitalized costs placed in service 4,944 5,643
Gross issuance of shares for stock-based compensation 3,963 2,072
Purchase of investment properties:    
Net investment properties 62,914 200,085
Accounts and rents receivable, lease intangibles, and deferred costs and other assets 12,840 52,871
Accounts payable and accrued expenses, lease intangibles, and other liabilities (2,631) (9,133)
Assumption of mortgage debt, at fair value (12,590) (91,776)
Cash outflow for purchase of investment properties, net 60,533 152,047
Assumption of mortgage principal 13,000 92,468
Capitalized acquisition costs (260) (150)
Credits and other changes in cash outflow, net 327 (365)
Gross acquisition price of investment properties 73,600 244,000
Sale of investment properties:    
Net investment properties 0 597
Gain on sale of investment properties 0 984
Proceeds from sale of investment properties, net 0 1,581
Credits and other changes in cash inflow, net 0 111
Gross disposition price of investment properties $ 0 $ 1,692