CONSOLIDATED STATEMENTS OF INCOME (USD $) In Thousands, except Per Share data	3 Months Ended	9 Months Ended
Sep. 30, 2011	Sep. 30, 2010	Sep. 30, 2011	Sep. 30, 2010
Revenues:
Rental income, net	$ 11,151	$ 10,466	$ 33,494	$ 30,546
Operating expenses:
Depreciation and amortization	2,424	2,155	7,072	6,314
General and administrative (including $572, $447, $1,716 and $1,341, respectively, to related party)	1,804	1,545	5,306	4,811
Real estate acquisition costs	131	224	176	738
Real estate expenses (including $150, $150, $450 and $450, respectively, to related party)	620	396	1,908	1,362
Leasehold rent	77	77	231	231
Total operating expenses	5,056	4,397	14,693	13,456
Operating income	6,095	6,069	18,801	17,090
Other income and expenses:
Equity in earnings of unconsolidated joint ventures	105	101	241	354
Gain on disposition of real estate held by unconsolidated joint venture				107
Gain on settlement of debt			1,240
Other income, including realized gain on sale of available-for-sale securities and interest income	9	40	62	265
Interest:
Expense	(3,259)	(3,658)	(10,233)	(10,639)
Amortization of deferred financing costs	(185)	(160)	(681)	(452)
Income from continuing operations	2,765	2,392	9,430	6,725
Discontinued operations:
Income from operations		219	277	705
Net gain on sale		235	932	235
Income from discontinued operations		454	1,209	940
Net income	$ 2,765	$ 2,846	$ 10,639	$ 7,665
Weighted average number of common shares outstanding:
Basic (in shares)	14,143	11,160	13,663	11,108
Diluted (in shares)	14,143	11,197	13,663	11,140
Net income per common share - basic:
Income from continuing operations (in dollars per share)	$ 0.19	$ 0.21	$ 0.66	$ 0.59
Income from discontinued operations (in dollars per share)		$ 0.04	$ 0.09	$ 0.08
Net income per common share - basic (in dollars per share)	$ 0.19	$ 0.25	$ 0.75	$ 0.67
Net income per common share - diluted:
Income from continuing operations (in dollars per share)	$ 0.19	$ 0.21	$ 0.66	$ 0.59
Income from discontinued operations (in dollars per share)		$ 0.04	$ 0.09	$ 0.08
Net income per common share - diluted (in dollars per share)	$ 0.19	$ 0.25	$ 0.75	$ 0.67
Cash distribution declared per share of common stock (in dollars per share)	$ 0.33	$ 0.30	$ 0.99	$ 0.90

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