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REAL ESTATE INVESTMENTS AND MINIMUM FUTURE RENTALS (Details) (USD $)
 1 Months Ended 12 Months Ended
May 31, 2012
item
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
property
Real Estate Acquisitions        
Contract Purchase Price   $ 44,616,000 $ 28,000,000 $ 72,300,000
Third Party Real Estate Acquisition Costs   823,000 213,000 1,010,000
Occupancy percentage for properties purchased by company   100.00%    
Number of properties for which the company is currently in the process of finalizing the purchase price allocations 6      
Amortization expense relating to origination costs   2,000 26,000 (454,000)
Additional pro forma information        
Number of properties acquired       14
Number of real estate investments sold       2
Pro Forma Financial Information (unaudited)        
Revenue       45,677,000
Net income       10,007,000
Net income per share basic (in dollars per share)       $ 0.87
Net income per share diluted (in dollars per share)       $ 0.87
Revenues already included in the results of operations       3,488,000
Net income already included in the results of operations       440,000
Minimum future contractual rentals to be received        
2013   45,779,000    
2014   43,324,000    
2015   39,565,000    
2016   37,627,000    
2017   35,303,000    
Thereafter   201,284,000    
Total   402,882,000    
Unbilled Rent Receivable        
Unbilled rent receivable   12,629,000 11,264,000  
Unbilled rent receivable classified as property transferred to joint venture     84,000  
Unbilled straight-line rent receivable written off relating to former tenant     263,000  
Period during which amount is to be billed and received   19 years    
Unbilled straight-line rent receivable written off related to property sold   149,000    
Unbilled straight-line rent receivable written off   256,000 118,000 1,152,000
Unbilled straight-line rent receivable written off relating to former tenant   1,003,000    
Rental revenue
        
Real Estate Acquisitions        
Net (decrease) increase in rental revenue due to amortization of the above/below market leases   (2,000) (37,000) 442,000
Additional amortization resulting from the accelerated expiration of certain leases     (7,000)  
Amortization expense
        
Real Estate Acquisitions        
Amortization expense relating to origination costs   1,006,000 844,000 620,000
Additional amortization resulting from the accelerated expiration of certain leases     5,000  
Amortization of intangible lease assets (liabilities)        
2013   1,249,000    
2014   1,205,000    
2015   1,172,000    
2016   1,052,000    
2017   966,000    
Thereafter   5,636,000    
Total   11,280,000    
Intangible lease asset - above market lease | Rental revenue
        
Amortization of intangible lease assets (liabilities)        
2013   505,000    
2014   497,000    
2015   491,000    
2016   481,000    
2017   448,000    
Thereafter   2,789,000    
Total   5,211,000    
Intangible lease asset
        
Real Estate Acquisitions        
Intangible lease assets (liabilities) recorded during the period   6,641,000 2,387,000  
Weighted average amortization period for intangible lease assets (liabilities)   16 years 3 months 18 days 10 years 3 months 18 days  
Accumulated amortization of intangible lease assets (liabilities)   4,974,000 3,873,000  
Intangible lease liability - below market lease
        
Real Estate Acquisitions        
Intangible lease assets (liabilities) recorded during the period   (588,000) (614,000)  
Weighted average amortization period for intangible lease assets (liabilities)   16 years 6 months 24 years  
Accumulated amortization of intangible lease assets (liabilities)   (2,505,000) (2,053,000)  
Intangible lease liability - below market lease | Rental revenue
        
Amortization of intangible lease assets (liabilities)        
2013   511,000    
2014   495,000    
2015   473,000    
2016   456,000    
2017   446,000    
Thereafter   2,919,000    
Total   5,300,000    
Urban Outfitters retail store, Lawrence, Kansas
        
Real Estate Acquisitions        
Contract Purchase Price   1,230,000    
Third Party Real Estate Acquisition Costs   21,000    
Occupancy percentage for properties purchased by company   100.00%    
Three Applebee's restaurants, Carrollton, Kennesaw and Cartersville, Georgia
        
Real Estate Acquisitions        
Contract Purchase Price   8,568,000    
Third Party Real Estate Acquisition Costs   84,000    
Occupancy percentage for properties purchased by company   100.00%    
Avalon Carpet Tile and Flooring, retail store and warehouse, Deptford, New Jersey
        
Real Estate Acquisitions        
Contract Purchase Price   2,200,000    
Mortgage incurred   2,040,000    
Interest rate (as a percent)   5.00%    
Occupancy percentage for properties purchased by company   100.00%    
Avalon Carpet Tile and Flooring, retail store and warehouse, Deptford, New Jersey | Minimum
        
Real Estate Acquisitions        
Interest rate (as a percent)   5.00%    
Avalon Carpet Tile and Flooring, retail store and warehouse, Deptford, New Jersey | Consolidated JV
        
Real Estate Acquisitions        
Ownership interest in consolidated joint venture (as a percent)   95.00%    
Capitalized transaction costs incurred with the asset acquisition   90,000    
Applebee's restaurant, Lawrenceville, Georgia
        
Real Estate Acquisitions        
Contract Purchase Price   2,340,000    
Third Party Real Estate Acquisition Costs   19,000    
Occupancy percentage for properties purchased by company   100.00%    
FedEx Facility, Pinellas Park, Florida
        
Real Estate Acquisitions        
Contract Purchase Price   2,810,000    
Third Party Real Estate Acquisition Costs   28,000    
Capitalized transaction costs incurred with the asset acquisition   84,000    
Occupancy percentage for properties purchased by company   100.00%    
Walgreens Pharmacy, Cape Girardeau, Missouri
        
Real Estate Acquisitions        
Contract Purchase Price   2,268,000    
Third Party Real Estate Acquisition Costs   92,000    
Occupancy percentage for properties purchased by company   100.00%    
Walgreens Pharmacy, Cape Girardeau, Missouri | Consolidated JV
        
Real Estate Acquisitions        
Ownership interest in consolidated joint venture (as a percent)   95.00%    
Shopping Center, Houston, Texas
        
Real Estate Acquisitions        
Contract Purchase Price   7,150,000    
Mortgage incurred   5,100,000    
Third Party Real Estate Acquisition Costs   206,000    
Interest rate (as a percent)   3.75%    
Number of tenant spaces at the property   16    
Percentage of property leased to tenants   94.00%    
Shopping Center, Houston, Texas | Consolidated JV
        
Real Estate Acquisitions        
Ownership interest in consolidated joint venture (as a percent)   85.00%    
LA Fitness Health Club, Secaucus, New Jersey
        
Real Estate Acquisitions        
Contract Purchase Price   16,400,000    
Mortgage incurred   10,000,000    
Third Party Real Estate Acquisition Costs   341,000    
Interest rate (as a percent)   4.90%    
Occupancy percentage for properties purchased by company   100.00%    
FedEx Facility, Miamisburg, Ohio
        
Real Estate Acquisitions        
Contract Purchase Price   1,650,000    
Third Party Real Estate Acquisition Costs   6,000    
Capitalized transaction costs incurred with the asset acquisition   125,000    
Occupancy percentage for properties purchased by company   100.00%    
Big Lots retail store, Bolingbrook, Illinois
        
Real Estate Acquisitions        
Contract Purchase Price     2,325,000  
Third Party Real Estate Acquisition Costs     22,000  
Occupancy percentage for properties purchased by company   100.00%    
FedEx Facility, Durham, North Carolina
        
Real Estate Acquisitions        
Contract Purchase Price     3,975,000  
Third Party Real Estate Acquisition Costs     35,000  
Occupancy percentage for properties purchased by company   100.00%    
LA Fitness Health Club, Hamilton, Ohio
        
Real Estate Acquisitions        
Contract Purchase Price     7,900,000  
Third Party Real Estate Acquisition Costs     54,000  
Occupancy percentage for properties purchased by company   100.00%    
Two hhGregg retail stores, Niles and Crystal Lake, Illinois
        
Real Estate Acquisitions        
Contract Purchase Price     8,000,000  
Third Party Real Estate Acquisition Costs     76,000  
Occupancy percentage for properties purchased by company   100.00%    
Burlington Coat Factory Retail property, Cherry Hill, New Jersey
        
Real Estate Acquisitions        
Contract Purchase Price     5,800,000  
Capitalized transaction costs incurred with the asset acquisition   578,000    
Occupancy percentage for properties purchased by company   61.00%    
Burlington Coat Factory Retail property, Cherry Hill, New Jersey | Consolidated JV
        
Real Estate Acquisitions        
Ownership interest in consolidated joint venture (as a percent)   90.00%    
Other
        
Real Estate Acquisitions        
Third Party Real Estate Acquisition Costs   $ 26,000 $ 26,000