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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
 3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Cash flows from operating activities:    
Net income $ 3,449 $ 3,226
Adjustments to reconcile net income to net cash provided by operating activities:    
Gain on sale of available-for-sale securities (6) (328)
Increase in rental income from straight-lining of rent (221) (384)
Decrease in rental income resulting from bad debt expense   17
Increase in rental income from amortization of intangibles relating to leases (22) (9)
Amortization of restricted stock expense 397 302
Equity in earnings of unconsolidated joint ventures (334) (214)
Distributions of earnings from unconsolidated joint ventures 454 252
Depreciation and amortization 2,670 2,453
Amortization and write off of financing costs 213 193
Changes in assets and liabilities:    
Increase in escrow, deposits, other assets and receivables (372) (72)
Increase (decrease) in accrued expenses and other liabilities 316 (385)
Net cash provided by operating activities 6,544 5,051
Cash flows from investing activities:    
Purchase of real estate (4,640) (9,797)
Improvements to real estate (332) (1,192)
Distributions of return of capital from unconsolidated joint ventures 5 49
Payment of leasing commissions (16) (159)
Net proceeds from sale of available-for-sale securities 19 369
Net cash used in investing activities (4,964) (10,730)
Cash flows from financing activities:    
Scheduled amortization payments of mortgages payable (1,569) (1,363)
Proceeds from mortgage financings 2,000 8,857
Proceeds from bank line of credit 3,500 9,300
Repayment on bank line of credit   (2,200)
Issuance of shares through dividend reinvestment plan 1,149 951
Payment of financing costs (71) (267)
Capital contributions from non-controlling interests 471 25
Distribution to non-controlling interest   (290)
Cash distributions to common stockholders (5,252) (4,805)
Net cash provided by financing activities 228 10,208
Net increase in cash and cash equivalents 1,808 4,529
Cash and cash equivalents at beginning of period 14,577 12,668
Cash and cash equivalents at end of period 16,385 17,197
Supplemental disclosures of cash flow information:    
Cash paid during the period for interest expense 3,063 3,425
Supplemental schedule of non-cash investing and financing activities:    
Contribution of property to unconsolidated joint venture   11,734
Purchase accounting allocation - intangible lease assets 582 2,733
Purchase accounting allocation - intangible lease liabilities $ 857 $ 11