XML 68 R53.htm IDEA: XBRL DOCUMENT v3.7.0.1
DEBT OBLIGATIONS - Principal payments (Details)
12 Months Ended
Dec. 31, 2016
USD ($)
item
Dec. 31, 2015
USD ($)
DEBT OBLIGATIONS    
Aggregate carrying value of real estate investments $ 748,065,000 $ 647,373,000
Accumulated depreciation $ 96,852,000 $ 85,116,000
Mortgages payable    
DEBT OBLIGATIONS    
Number of debt instruments outstanding | item 72  
Aggregate carrying value of real estate investments $ 613,035,000  
Accumulated depreciation $ 74,297,000  
Weighted average interest rate (as a percent) 4.27% 4.72%
Repayment of the outstanding debt    
2017 $ 19,089,000  
2018 20,522,000  
2019 14,236,000  
2020 14,930,000  
2021 20,490,000  
Thereafter 309,925,000  
Total $ 399,192,000 $ 334,428,000
Mortgages payable | Minimum | Interest rate swap    
DEBT OBLIGATIONS    
Annual fixed interest rate (as a percent) 3.02%  
Mortgages payable | Maximum | Interest rate swap    
DEBT OBLIGATIONS    
Annual fixed interest rate (as a percent) 7.81%