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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Cash flows from operating activities:    
Net income $ 7,962 $ 11,201
Adjustments to reconcile net income to net cash provided by operating activities:    
Gain on disposition of real estate held by unconsolidated joint venture   (2,807)
Gain on sale - unconsolidated joint venture interest   (1,898)
Gain on sale of available-for-sale securities (to related party in 2014) (134) (6)
Increase in rental income from straight-lining of rent (609) (414)
Increase in rental income from amortization of intangibles relating to leases (50) (66)
Amortization of restricted stock expense 920 766
Equity in earnings of unconsolidated joint ventures (263) (391)
Distributions of earnings from unconsolidated joint ventures 289 860
Depreciation and amortization 7,300 5,386
Amortization and write-off of financing costs 466 439
Changes in assets and liabilities:    
Decrease (increase) in escrow, deposits, other assets and receivables 1,242 (109)
(Decrease) increase in accrued expenses and other liabilities (539) 112
Net cash provided by operating activities 16,584 13,073
Cash flows from investing activities:    
Purchase of real estate (33,165) (6,215)
Improvements to real estate (645) (627)
Distributions of return of capital from unconsolidated joint ventures 50 5,284
Net proceeds from sale of real estate 5,177  
Net proceeds from disposition of unconsolidated joint venture interest   13,444
Payment of leasing commissions (40) (40)
Net proceeds from sale of available-for-sale securities (to related party in 2014) 266 19
Net cash (used in) provided by investing activities (28,357) 11,865
Cash flows from financing activities:    
Scheduled amortization payments of mortgages payable (3,765) (3,169)
Repayment of mortgages payable (19,003) (2,816)
Proceeds from mortgage financings 29,096 7,867
Proceeds from sale of common stock, net 3,304 7,771
Proceeds from bank line of credit 27,500 3,500
Repayment on bank line of credit (13,900) (3,500)
Issuance of shares through dividend reinvestment plan 2,299 2,278
Payment of financing costs (523) (174)
Capital contributions from non-controlling interests 306 481
Distribution to non-controlling interests (156) (258)
Cash distributions to common stockholders (11,678) (10,564)
Net cash provided by financing activities 13,480 1,416
Net increase in cash and cash equivalents 1,707 26,354
Cash and cash equivalents at beginning of period 16,631 14,577
Cash and cash equivalents at end of period 18,338 40,931
Supplemental disclosures of cash flow information:    
Cash paid during the period for interest expense 8,036 6,338
Supplemental schedule of non-cash investing and financing activities:    
Purchase accounting allocation - intangible lease assets 1,989 762
Purchase accounting allocation - intangible lease liabilities 2,671 857
Restricted cash for tenant improvements and other reserve $ 1,894