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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Cash flows from operating activities:    
Net income $ 11,201 $ 8,979
Adjustments to reconcile net income to net cash provided by operating activities:    
Gain on disposition of real estate - unconsolidated joint venture (2,807)  
Gain on sale-unconsolidated joint venture interest (1,898)  
Gain on sale of real estate   (2,524)
Gain on sale of available-for-sale securities (6) (9)
Increase in rental income from straight-lining of rent (414) (695)
Increase in rental income resulting from bad debt recovery, net   (17)
Increase in rental income from amortization of intangibles relating to leases (66) (2)
Amortization of restricted stock expense 766 586
Equity in earnings of unconsolidated joint ventures (391) (748)
Distributions of earnings from unconsolidated joint ventures 860 491
Depreciation and amortization 5,386 4,965
Amortization and write off of financing costs 439 390
Changes in assets and liabilities:    
Increase in escrow, deposits, other assets and receivables (109) (528)
Increase (decrease) in accrued expenses and other liabilities 112 (840)
Net cash provided by operating activities 13,073 10,048
Cash flows from investing activities:    
Purchase of real estate (6,215) (13,885)
Improvements to real estate (627) (2,631)
Distributions of return of capital from unconsolidated joint ventures 5,284 84
Net proceeds from sale of real estate   7,048
Net proceeds from disposition of unconsolidated joint venture interest 13,444  
Payment of leasing commissions (40) (219)
Net proceeds from sale of available-for-sale securities 19 369
Net cash provided by (used in) investing activities 11,865 (9,234)
Cash flows from financing activities:    
Scheduled amortization payments of mortgages payable (3,169) (2,753)
Repayment of mortgages payable (2,816)  
Proceeds from mortgage financings 7,867 13,817
Proceeds from sale of common stock, net 7,771  
Proceeds from bank line of credit 3,500 9,300
Repayment on bank line of credit (3,500) (9,700)
Issuance of shares through dividend reinvestment plan 2,278 1,889
Payment of financing costs (174) (819)
Capital contributions from non-controlling interests 481 93
Distribution to non-controlling interests (258) (290)
Cash distributions to common stockholders (10,564) (9,666)
Net cash provided by financing activities 1,416 1,871
Net increase in cash and cash equivalents 26,354 2,685
Cash and cash equivalents at beginning of period 14,577 12,668
Cash and cash equivalents at end of period 40,931 15,353
Supplemental disclosures of cash flow information:    
Cash paid during the period for interest expense 6,338 6,874
Supplemental schedule of non-cash investing and financing activities:    
Contribution of property to unconsolidated joint venture   11,734
Purchase accounting allocation - intangible lease assets 762 3,487
Purchase accounting allocation - intangible lease liabilities $ 857 $ 11