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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Cash flows from operating activities:    
Net income $ 14,429 $ 27,399
Adjustments to reconcile net income to net cash provided by operating activities:    
Gain on disposition-real estate held by unconsolidated joint venture (2,807)  
Gain on sale-unconsolidated joint venture interest (1,898)  
Gain on sales of real estate   (17,573)
Gain on sale of available-for-sale securities (6) (9)
Increase in rental income from straight-lining of rent (751) (1,046)
Increase in rental income resulting from bad debt recovery, net   (116)
Increase in rental income from amortization of intangibles relating to leases (99) 3
Amortization of restricted stock expense 1,132 909
Equity in earnings of unconsolidated joint ventures (513) (1,015)
Distributions of earnings from unconsolidated joint ventures 968 730
Depreciation and amortization 8,406 7,429
Amortization and write off of financing costs 662 594
Changes in assets and liabilities:    
Increase in escrow, deposits, other assets and receivables (1,104) (1,604)
Increase (decrease) in accrued expenses and other liabilities 1,111 (611)
Net cash provided by operating activities 19,530 15,090
Cash flows from investing activities:    
Purchase of real estate (101,314) (14,181)
Improvements to real estate (1,680) (2,800)
Distributions of return of capital from unconsolidated joint ventures 5,397 95
Net proceeds from sale of real estate   24,823
Net proceeds from disposition of unconsolidated joint venture interest 13,444  
Payment of leasing commissions (122) (322)
Net proceeds from sale of available-for-sale securities 19 369
Net cash (used in) provided by investing activities (84,256) 7,984
Cash flows from financing activities:    
Scheduled amortization payments of mortgages payable (4,859) (4,088)
Repayment of mortgages payable (4,708) (29,758)
Proceeds from mortgage financings 60,401 38,818
Proceeds from sale of common stock, net 7,962 2,153
Proceeds from bank line of credit 27,000 9,300
Repayment on bank line of credit (3,500) (22,950)
Issuance of shares through dividend reinvestment plan 3,006 2,520
Payment of financing costs (434) (1,560)
Capital contributions from non-controlling interests 481 93
Distribution to non-controlling interests (299) (290)
Cash distributions to common stockholders (15,998) (14,546)
Net cash provided by (used in) financing activities 69,052 (20,308)
Net increase in cash and cash equivalents 4,326 2,766
Cash and cash equivalents at beginning of period 14,577 12,668
Cash and cash equivalents at end of period 18,903 15,434
Supplemental disclosures of cash flow information:    
Cash paid during the period for interest expense 9,738 10,018
Supplemental schedule of non-cash investing and financing activities:    
Contribution of property to unconsolidated joint venture   11,734
Purchase accounting allocation - intangible lease assets 10,333 3,487
Purchase accounting allocation - intangible lease liabilities $ 1,544 $ 11