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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
 12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Cash flows from operating activities:      
Net income $ 24,481,000 $ 21,907,000 $ 22,210,000
Adjustments to reconcile net income to net cash provided by operating activities:      
Gain on sale of real estate, net (10,087,000) (5,392,000) (10,180,000)
Purchase price fair value adjustment   (960,000)  
Gain on sale of available-for-sale securities (to related party in 2014) (27,000)   (134,000)
Impairment loss     1,093,000
Prepayment costs on debt 577,000 568,000 1,581,000
Increase in unbilled rent receivable (2,286,000) (1,448,000) (1,569,000)
Write-off of unbilled rent receivable 7,000 566,000 79,000
Bad debt expense 98,000   0
Amortization of intangibles relating to leases, net (712,000) (723,000) (267,000)
Amortization of restricted stock expense 2,983,000 2,334,000 1,833,000
Equity in earnings of unconsolidated joint ventures (1,005,000) (412,000) (533,000)
Distributions of earnings from unconsolidated joint ventures 939,000 540,000 502,000
Depreciation and amortization 18,164,000 16,384,000 14,662,000
Amortization and write-off of deferred financing costs 904,000 1,023,000 1,037,000
Payment of leasing commissions (1,050,000) (716,000) (165,000)
(Increase) decrease in escrow, deposits, other assets and receivables (731,000) 197,000 1,149,000
(Decrease) increase in accrued expenses and other liabilities (850,000) 616,000 505,000
Net cash provided by operating activities 31,405,000 34,484,000 31,803,000
Cash flows from investing activities:      
Purchase of real estate (118,589,000) (67,445,000) (57,096,000)
Improvements to real estate (4,868,000) (3,868,000) (769,000)
Net proceeds from sales of real estate 42,312,000 16,025,000 43,788,000
Purchase of partner's interest in consolidated joint venture (446,000)    
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 647,000 776,000 53,000
Net proceeds from sale of available-for-sale securities (to related party in 2014) 33,000   266,000
Net cash used in investing activities (80,911,000) (73,498,000) (13,758,000)
Cash flows from financing activities:      
Scheduled amortization payments of mortgages payable (9,138,000) (7,793,000) (7,597,000)
Repayment of mortgages payable (63,726,000) (27,967,000) (38,873,000)
Proceeds from mortgage financings 137,628,000 79,605,000 60,474,000
Proceeds from sale of common stock, net 25,787,000 6,457,000 3,768,000
Proceeds from bank line of credit 86,000,000 45,400,000 42,500,000
Repayment on bank line of credit (94,250,000) (40,400,000) (52,500,000)
Issuance of shares through dividend reinvestment plan 3,107,000 4,284,000 4,449,000
Payment of financing costs (2,220,000) (897,000) (1,782,000)
Prepayment costs on debt (577,000) (568,000) (1,581,000)
Capital contributions from non-controlling interests 80,000 713,000 639,000
Distributions to non-controlling interests (271,000) (1,829,000) (228,000)
Cash distributions to common stockholders (28,230,000) (25,599,000) (23,601,000)
Net cash provided by (used in) financing activities 54,190,000 31,406,000 (14,332,000)
Net increase (decrease) in cash and cash equivalents 4,684,000 (7,608,000) 3,713,000
Cash and cash equivalents at beginning of year 12,736,000 20,344,000 16,631,000
Cash and cash equivalents at end of year 17,420,000 12,736,000 20,344,000
Supplemental disclosures of cash flow information:      
Cash paid during the period for interest expense 17,310,000 15,986,000 16,403,000
Cash paid during the year for income taxes 36,000 70,000 90,000
Cash paid during the year for Federal excise tax, net 190,000 300,000 64,000
Supplemental schedule of non-cash investing and financing activities:      
Mortgage debt extinguished upon conveyance of the Company's Morrow, Georgia 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 8,194,000 5,776,000 4,771,000
Purchase accounting allocation - intangible lease liabilities $ (6,288,000) $ (5,365,000) $ (4,376,000)