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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
 12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Cash flows from operating activities:      
Net income (loss) $ 13,720 $ 9,306 $ 19,641
Adjustments to reconcile net income to net cash provided by operating activities:      
Gain on settlement of debt (1,240)    
Gain on sale of real estate and other assets (932) (384) (5,757)
Gain on troubled mortgage restructuring, as a result of conveyance to mortgagee     (897)
Increase in rental income from straight-lining of rent (1,434) (693) (1,336)
Decrease in rental income resulting from bad debt expense 467 525 619
Decrease (increase) in rental income from amortization of intangibles relating to leases 37 (442) 23
Impairment charge on available-for-sale securities 126    
Impairment charge on real estate     229
Amortization of restricted stock expense 1,009 915 853
Retirement of common stock     (51)
Gain on disposition of real estate held by unconsolidated joint venture   (107)  
Equity in earnings of unconsolidated joint ventures (350) (446) (559)
Distributions of earnings from unconsolidated joint ventures 423 628 507
Depreciation and amortization 9,662 8,882 9,066
Amortization and write off of financing costs 868 627 1,012
Changes in assets and liabilities:      
(Increase) in escrow, deposits, other assets and receivables (590) (1,023) (976)
Increase (decrease) in accrued expenses and other liabilities 36 1,120 (682)
Net cash provided by operating activities 21,802 18,908 21,692
Cash flows from investing activities:      
Purchase of real estate and improvements (29,414) (38,813) (576)
Net proceeds from sale of real estate 11,544 4,136 24,014
Investment in unconsolidated joint ventures (669)   (7)
Distributions of return of capital from unconsolidated joint ventures 95 991 86
Prepaid tenant improvement allowance   (1,750)  
Net proceeds from sale of available-for-sale securities   6,345 4,495
Purchase of available-for-sale securities     (10,683)
Net cash (used in) provided by investing activities (18,444) (29,091) 17,329
Cash flows from financing activities:      
Scheduled amortization payments of mortgages payable (5,530) (5,393) (5,692)
Repayment of mortgages payable (15,302) (10,689) (14,088)
Proceeds from mortgage financings 12,455 7,500 2,559
Proceeds from common stock offering, net 40,569    
Proceeds from bank line of credit 28,500 28,700  
Repayment on bank line of credit (44,700) (19,500)  
Issuance of shares through dividend reinvestment plan 3,751 1,200  
Payment of financing costs (741) (1,272) (208)
Capital contribution from non-controlling interest 666    
Cash distributions to common stockholders (18,090) (10,564) (2,939)
Repurchase of common stock     (1,416)
Expenses associated with stock issuance   (103) (148)
Net cash provided by (used in) financing activities 1,578 (10,121) (21,932)
Net increase (decrease) in cash and cash equivalents 4,936 (20,304) 17,089
Cash and cash equivalents at beginning of year 7,732 28,036 10,947
Cash and cash equivalents at end of year 12,668 7,732 28,036
Supplemental disclosures of cash flow information:      
Cash paid during the year for interest expense 13,872 14,464 15,287
Cash paid during the year for income taxes 70 73 67
Supplemental schedule of non-cash investing and financing activities:      
Mortgage debt extinguished upon conveyance of properties to mortgagee by deeds-in-lieu of foreclosure     8,706
Properties conveyed to mortgagee     8,075
Liabilities extinguished upon transfer to mortgagee     543
Common stock dividend - portion paid in shares of Company's common stock   2,209 6,263
Assumption of mortgages payable in connection with purchase (sale) of real estate   33,548 (9,069)
Settlement of mortgage debt 1,259    
Purchase accounting allocations - intangible lease assets 2,387 5,500  
Purchase accounting allocations - intangible lease liabilities (614) (1,040)  
Reclassification of 2010 prepaid tenant improvement allowance to building improvements $ 1,750