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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
 12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Cash flows from operating activities:      
Net income $ 21,907,000 $ 22,210,000 $ 17,924,000
Adjustments to reconcile net income to net cash provided by operating activities:      
Gain on sale of real estate (5,392,000) (10,180,000)  
Purchase price fair value adjustment (960,000)    
Gain on disposition of real estate held by unconsolidated joint venture     (2,807,000)
Gain on sale - unconsolidated joint venture interest     (1,898,000)
Gain on sale of available-for-sale securities (to related party in 2014)   (134,000) (6,000)
Impairment loss   1,093,000 62,000
Prepayment costs on debt related to real estate   1,581,000  
Increase in unbilled rent receivable (1,448,000) (1,569,000) (1,114,000)
Write-off of unbilled rent receivable 566,000 79,000  
Amortization of intangibles relating to leases, net (723,000) (267,000) (160,000)
Amortization of restricted stock expense 2,334,000 1,833,000 1,440,000
Equity in earnings of unconsolidated joint ventures (412,000) (533,000) (651,000)
Distributions of earnings from unconsolidated joint ventures 540,000 502,000 1,103,000
Depreciation and amortization 16,384,000 14,662,000 12,043,000
Amortization and write-off of financing costs 1,023,000 1,037,000 891,000
Payment of leasing commissions (716,000) (165,000) (200,000)
Decrease (increase) in escrow, deposits, other assets and receivables 197,000 1,149,000 (1,653,000)
Increase in accrued expenses and other liabilities 616,000 505,000 1,763,000
Net cash provided by operating activities 33,916,000 31,803,000 26,737,000
Cash flows from investing activities:      
Purchase of real estate (67,445,000) (57,096,000) (107,579,000)
Improvements to real estate (3,868,000) (769,000) (2,867,000)
Net proceeds from sale of real estate 16,025,000 43,788,000  
Purchase of partner's interest in unconsolidated joint venture (6,300,000)    
Investment in unconsolidated joint ventures (12,686,000)    
Distributions of capital from unconsolidated joint ventures 776,000 53,000 5,495,000
Net proceeds from disposition of unconsolidated joint venture interest     13,444,000
Net proceeds from sale of available-for-sale securities (to related party in 2014) 0 266,000 19,000
Net cash used in investing activities (73,498,000) (13,758,000) (91,488,000)
Cash flows from financing activities:      
Scheduled amortization payments of mortgages payable (7,793,000) (7,597,000) (6,808,000)
Repayment of mortgages payable (27,967,000) (38,873,000) (4,708,000)
Proceeds from mortgage financings 79,605,000 60,474,000 63,590,000
Proceeds from sale of common stock, net 6,457,000 3,768,000 9,165,000
Proceeds from bank line of credit 45,400,000 42,500,000 32,500,000
Repayment on bank line of credit (40,400,000) (52,500,000) (9,250,000)
Issuance of shares through dividend reinvestment plan 4,284,000 4,449,000 4,235,000
Payment of financing costs (897,000) (1,782,000) (656,000)
Prepayment costs on debt related to real estate   (1,581,000)  
Capital contributions from non-controlling interests 713,000 639,000 480,000
Distributions to non-controlling interests (1,829,000) (228,000) (298,000)
Cash distributions to common stockholders (25,599,000) (23,601,000) (21,445,000)
Net cash provided by (used in) financing activities 31,974,000 (14,332,000) 66,805,000
Net (decrease) increase in cash and cash equivalents (7,608,000) 3,713,000 2,054,000
Cash and cash equivalents at beginning of year 20,344,000 16,631,000 14,577,000
Cash and cash equivalents at end of year 12,736,000 20,344,000 16,631,000
Supplemental disclosures of cash flow information:      
Cash paid during the year for interest expense 15,986,000 16,403,000 13,744,000
Cash paid during the year for income taxes 70,000 90,000 78,000
Cash paid during the year for Federal excise tax, net 300,000 64,000 290,000
Supplemental schedule of non-cash investing and financing activities:      
Mortgage debt extinguished upon conveyance of property to mortgagee by deed-in-lieu of foreclosure 1,466,000    
Consolidation of real estate investment 2,633,000    
Purchase accounting allocation - intangible lease assets 5,776,000 4,771,000 11,624,000
Purchase accounting allocation - intangible lease liabilities $ (5,365,000) $ (4,376,000) $ (2,210,000)