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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
 3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Cash flows from operating activities:    
Net income $ 3,300 $ 3,449
Adjustments to reconcile net income to net cash provided by operating activities:    
Gain on sale of available-for-sale securities   (6)
Increase in rental income from straight-lining of rent (336) (221)
Increase in rental income from amortization of intangibles relating to leases (56) (22)
Amortization of restricted stock expense 472 397
Equity in earnings of unconsolidated joint ventures (133) (334)
Distributions of earnings from unconsolidated joint ventures 113 454
Depreciation and amortization 3,577 2,670
Amortization and write off of financing costs 240 213
Changes in assets and liabilities:    
Decrease (increase) in escrow, deposits, other assets and receivables 1,099 (372)
(Decrease) increase in accrued expenses and other liabilities (1,028) 316
Net cash provided by operating activities 7,248 6,544
Cash flows from investing activities:    
Purchase of real estate (5,109) (4,640)
Improvements to real estate (38) (332)
Distributions of return of capital from unconsolidated joint ventures 7 5
Net proceeds from sale of real estate 5,177  
Payment of leasing commissions (3) (16)
Net proceeds from sale of available-for-sale securities   19
Net cash provided by (used in) investing activities 34 (4,964)
Cash flows from financing activities:    
Scheduled amortization payments of mortgages payable (1,874) (1,569)
Repayment of mortgages payable (19,003)  
Proceeds from mortgage financings 27,735 2,000
Proceeds from sale of common stock, net 644  
Proceeds from bank line of credit 3,500 3,500
Repayment on bank line of credit (13,900)  
Issuance of shares through dividend reinvestment plan 1,294 1,149
Payment of financing costs (260) (71)
Capital contributions from non-controlling interests   471
Distribution to non-controlling interests (75)  
Cash distributions to common stockholders (5,806) (5,252)
Net cash (used in) provided by financing activities (7,745) 228
Net (decrease) increase in cash and cash equivalents (463) 1,808
Cash and cash equivalents at beginning of period 16,631 14,577
Cash and cash equivalents at end of period 16,168 16,385
Supplemental disclosures of cash flow information:    
Cash paid during the period for interest expense 4,027 3,063
Supplemental schedule of non-cash investing and financing activities:    
Purchase accounting allocation - intangible lease assets 408 582
Purchase accounting allocation - intangible lease liabilities $ 371 $ 857