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CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($)
$ in Thousands
Common Stock
Paid-in Capital
Accumulated Other Comprehensive Income (Loss)
Accumulated Undistributed Net Income
Non-Controlling Interests in Joint Ventures
Total
Balances at Dec. 31, 2013 $ 15,221 $ 210,324 $ (490) $ 23,877 $ 1,158 $ 250,090
Distributions - common stock            
Cash - $1.66 per share,$1.58 per and $1.50 per share for the year ended December 31, 2016, 2015 and 2014, respectively       (24,117)   (24,117)
Shares issued through equity offering program - net 179 3,589       3,768
Restricted stock vesting 101 (101)        
Shares issued through dividend reinvestment plan 227 4,222       4,449
Contributions from non-controlling interests         639 639
Distributions to non-controlling interests         (228) (228)
Compensation expense - restricted stock   1,833       1,833
Net income       22,116 94 22,210
Other comprehensive (loss) income     (2,705)   (35) (2,740)
Balances at Dec. 31, 2014 15,728 219,867 (3,195) 21,876 1,628 255,904
Distributions - common stock            
Cash - $1.66 per share,$1.58 per and $1.50 per share for the year ended December 31, 2016, 2015 and 2014, respectively       (26,178)   (26,178)
Shares issued through equity offering program - net 295 6,162       6,457
Restricted stock vesting 72 (72)        
Shares issued through dividend reinvestment plan 197 4,087       4,284
Contributions from non-controlling interests         713 713
Distributions to non-controlling interests         (1,829) (1,829)
Compensation expense - restricted stock   2,334       2,334
Net income       20,517 1,390 21,907
Other comprehensive (loss) income     (1,195)   29 (1,166)
Balances at Dec. 31, 2015 16,292 232,378 (4,390) 16,215 1,931 262,426
Distributions - common stock            
Cash - $1.66 per share,$1.58 per and $1.50 per share for the year ended December 31, 2016, 2015 and 2014, respectively       (29,136)   (29,136)
Shares issued through equity offering program - net 1,080 24,707       25,787
Restricted stock vesting 86 (86)        
Shares issued through dividend reinvestment plan 142 2,965       3,107
Contributions from non-controlling interests         80 80
Distributions to non-controlling interests         (271) (271)
Purchase of non-controlling interest   (436)     (10) (446)
Compensation expense - restricted stock   2,983       2,983
Net income       24,422 59 24,481
Other comprehensive (loss) income     2,911   5 2,916
Balances at Dec. 31, 2016 $ 17,600 $ 262,511 $ (1,479) $ 11,501 $ 1,794 $ 291,927