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CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (USD $)
In Thousands, unless otherwise specified
Total
Common Stock
Paid-in Capital
Accumulated Other Comprehensive Income (Loss)
Accumulated Undistributed Net Income
Non-Controlling Interests in Joint Ventures
Balances at Dec. 31, 2010 $ 179,183 $ 11,212 $ 147,158 $ (156) $ 20,969  
Distributions - common stock            
Cash - $1.42, $1.34 and $1.32 per share for the year ended December 31, 2013, 2012 and 2011, respectively (19,088)       (19,088)  
Shares issued through equity offering program - net 40,569 2,700 37,869      
Restricted stock vesting   46 (46)      
Shares issued through dividend reinvestment plan 3,751 255 3,496      
Contributions from non-controlling interest 666         666
Compensation expense - restricted stock 1,009   1,009      
Net income (loss) 13,720       13,724 (4)
Other comprehensive income (loss) (863)     (863)    
Balances at Dec. 31, 2011 218,947 14,213 189,486 (1,019) 15,605 662
Distributions - common stock            
Cash - $1.42, $1.34 and $1.32 per share for the year ended December 31, 2013, 2012 and 2011, respectively (19,924)       (19,924)  
Shares issued through equity offering program - net 2,131 121 2,010      
Restricted stock vesting   49 (49)      
Shares issued through dividend reinvestment plan 3,652 215 3,437      
Contributions from non-controlling interest 571         571
Distributions to non-controlling Interests (290)         (290)
Compensation expense - restricted stock 1,223   1,223      
Net income (loss) 32,308       32,320 (12)
Other comprehensive income (loss) (559)     (559)    
Balances at Dec. 31, 2012 238,059 14,598 196,107 (1,578) 28,001 931
Distributions - common stock            
Cash - $1.42, $1.34 and $1.32 per share for the year ended December 31, 2013, 2012 and 2011, respectively (21,999)       (21,999)  
Shares issued through equity offering program - net 9,165 363 8,802      
Restricted stock vesting   50 (50)      
Shares issued through dividend reinvestment plan 4,235 210 4,025      
Contributions from non-controlling interest 480         480
Distributions to non-controlling Interests (298)         (298)
Compensation expense - restricted stock 1,440   1,440      
Net income (loss) 17,924       17,875 49
Other comprehensive income (loss) 1,084     1,088   (4)
Balances at Dec. 31, 2013 $ 250,090 $ 15,221 $ 210,324 $ (490) $ 23,877 $ 1,158