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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Cash flows from operating activities:    
Net income $ 10,609 $ 14,429
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)
Impairment loss 1,093  
Increase in rental income from straight-lining of rent (1,108) (751)
Increase in rental income from amortization of intangibles relating to leases (144) (99)
Amortization of restricted stock expense 1,368 1,132
Equity in earnings of unconsolidated joint ventures (397) (513)
Distributions of earnings from unconsolidated joint ventures 399 968
Depreciation and amortization 10,985 8,406
Amortization and write-off of financing costs 741 662
Payment of leasing commissions (165) (122)
Changes in assets and liabilities:    
Decrease (increase) in escrow, deposits, other assets and receivables 535 (1,104)
(Decrease) increase in accrued expenses and other liabilities (383) 1,111
Net cash provided by operating activities 23,399 19,408
Cash flows from investing activities:    
Purchase of real estate (33,167) (101,314)
Improvements to real estate (716) (1,680)
Distributions of return of capital from unconsolidated joint ventures 53 5,397
Net proceeds from sale of real estate 5,177  
Net proceeds from disposition of unconsolidated joint venture interest   13,444
Net proceeds from sale of available-for-sale securities (to related party in 2014) 266 19
Net cash used in investing activities (28,387) (84,134)
Cash flows from financing activities:    
Scheduled amortization payments of mortgages payable (5,675) (4,859)
Repayment of mortgages payable (25,456) (4,708)
Proceeds from mortgage financings 46,839 60,401
Proceeds from sale of common stock, net 3,775 7,962
Proceeds from bank line of credit 27,500 27,000
Repayment on bank line of credit (29,500) (3,500)
Issuance of shares through dividend reinvestment plan 3,363 3,006
Payment of financing costs (712) (434)
Capital contributions from non-controlling interests 306 481
Distribution to non-controlling interests (199) (299)
Cash distributions to common stockholders (17,625) (15,998)
Net cash provided by financing activities 2,616 69,052
Net (decrease) increase in cash and cash equivalents (2,372) 4,326
Cash and cash equivalents at beginning of period 16,631 14,577
Cash and cash equivalents at end of period 14,259 18,903
Supplemental disclosures of cash flow information:    
Cash paid during the period for interest expense 12,382 9,738
Supplemental schedule of non-cash investing and financing activities:    
Purchase accounting allocation - intangible lease assets 1,999 10,333
Purchase accounting allocation - intangible lease liabilities 2,844 1,544
Restricted cash for tenant improvements and other reserve $ 1,845