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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
 3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Cash flows from operating activities:    
Net income $ 3,226 $ 2,732
Adjustments to reconcile net income to net cash provided by operating activities:    
Gain on sale of real estate and available-for-sale securities (328)  
Increase in rental income from straight-lining of rent (372) (339)
Decrease in rental income resulting from bad debt expense 17 311
Decrease in rental income from amortization of intangibles relating to leases (6) 33
Amortization of restricted stock expense 302 271
Equity in net earnings of unconsolidated joint ventures (69) (31)
Distributions of earnings from unconsolidated joint ventures 122 93
Depreciation and amortization 2,509 2,367
Amortization and write off of financing costs 197 313
Changes in assets and liabilities:    
Increase in escrow, deposits, other assets and receivables (230) (59)
Decrease in accrued expenses and other liabilities (385) (433)
Net cash provided by operating activities 4,983 5,258
Cash flows from investing activities:    
Purchase of real estate and improvements (10,989) (2,613)
Investment in unconsolidated joint ventures   (669)
Distributions of return of capital from unconsolidated joint ventures 49 10
Net proceeds from sale of available-for-sale securities 369  
Net cash used in investing activities (10,571) (3,272)
Cash flows from financing activities:    
Scheduled amortization payments of mortgages payable (1,454) (1,370)
Repayment of mortgages payable   (7,668)
Proceeds from mortgage financings 8,857  
Proceeds from common stock offering, net   40,569
Proceeds from bank line of credit 9,300  
Repayment on bank line of credit (2,200) (26,200)
Issuance of shares through dividend reinvestment plan 951 846
Payment of financing costs (267) (365)
Capital contribution from non-controlling interest 25  
Distributions to non-controlling interest (290)  
Cash distributions to common stockholders (4,805) (3,806)
Net cash provided by financing activities 10,117 2,006
Net increase in cash and cash equivalents 4,529 3,992
Cash and cash equivalents at beginning of period 12,668 7,732
Cash and cash equivalents at end of period 17,197 11,724
Supplemental disclosures of cash flow information:    
Cash paid during the period for interest expense 3,425 3,186
Supplemental schedule of non-cash investing and financing activities:    
Contribution of property to unconsolidated joint venture 11,734  
Purchase accounting allocation - intangible lease assets 2,733 409
Purchase accounting allocation - intangible lease liabilities 11 2,031
Reclassification of 2010 prepaid tenant improvement allowance to building improvements   $ 1,750