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INCOME TAXES (Details) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2015
Sep. 30, 2015
Jun. 30, 2015
Mar. 31, 2015
Dec. 31, 2014
Sep. 30, 2014
Jun. 30, 2014
Mar. 31, 2014
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
INCOME TAXES                      
Period of disqualification of REIT status                 4 years    
Reconciliation between Financial Statement Net Income and Federal Taxable Income:                      
Net income $ 5,191 $ 3,788 $ 3,682 $ 7,856 $ 11,583 $ 2,620 $ 4,640 $ 3,273 $ 20,517 $ 22,116 $ 17,875
Straight line rent adjustments                 (971) (1,480) (1,025)
Book gain on sale - (in excess of) less than tax gain                 (530) 10,522 1,391
Rent received in advance, net                 (73) (180) 691
Adjustments for above/below market leases                 (581) (253) (144)
Non-deductible portion of restricted stock expense                 613 (149) 357
Federal excise tax, non-deductible                 174 302 45
Book depreciation in excess of tax depreciation                 4,219 2,970 1,686
Property acquisition costs - capitalized for tax purposes                 798 417 850
Impairment loss                   1,093 62
Other adjustments                 (317) 26 (111)
Federal taxable income                 23,849 35,384 21,677
Reconciliation between Cash Dividends Paid and Dividends Paid Deduction:                      
Dividends paid                 26,179 24,117 21,999
Dividend reinvestment plan                 228 197 230
Dividends before adjustment for previous and current year                 26,407 24,314 22,229
Less: Spillover dividends designated to previous year                 (18,177) (7,107) (7,659)
Plus: Dividends designated from following year                 15,619 18,177 7,107
Dividends paid deduction                 $ 23,849 $ 35,384 $ 21,677
Maximum                      
Reconciliation between Cash Dividends Paid and Dividends Paid Deduction:                      
Percentage of discount on common stock purchased through the dividend reinvestment plan                 5.00%