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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Cash flows from operating activities:    
Net income $ 11,199,000 $ 12,879,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Gain on sale of real estate, net (2,408,000) (6,568,000)
Loss on derivative instrument reclassified into interest expense   118,000
Increase in unbilled rent receivable (537,000) (344,000)
Write-off of unbilled rent receivable   362,000
Bad debt expense 0 310,000
Amortization and write-off of intangibles relating to leases, net (488,000) (422,000)
Amortization of restricted stock expense 1,682,000 1,657,000
Equity in earnings of unconsolidated joint ventures (543,000) (451,000)
Equity in earnings from sale of unconsolidated joint venture property (71,000)  
Distributions of earnings from unconsolidated joint ventures 88,000 396,000
Depreciation and amortization 10,432,000 10,743,000
Amortization and write-off of deferred financing costs 449,000 454,000
Payment of leasing commissions (95,000) (36,000)
Decrease in escrow, deposits, other assets and receivables 718,000 607,000
(Decrease) increase in accrued expenses and other liabilities (1,627,000) 554,000
Net cash provided by operating activities 18,799,000 20,259,000
Cash flows from investing activities:    
Purchase of real estate (18,452,000) (35,432,000)
Improvements to real estate (5,991,000) (643,000)
Net proceeds from sale of real estate 8,958,000 9,173,000
Distributions of capital from unconsolidated joint ventures   141,000
Net cash used in investing activities (15,485,000) (26,761,000)
Cash flows from financing activities:    
Scheduled amortization payments of mortgages payable (5,313,000) (5,162,000)
Repayment of mortgages payable (9,827,000)  
Proceeds from mortgage financings 13,550,000 5,190,000
Proceeds from sale of common stock, net 2,258,000 649,000
Proceeds from bank line of credit 25,000,000 26,500,000
Repayment on bank line of credit (14,100,000) (10,000,000)
Issuance of shares through dividend reinvestment plan 2,683,000 2,145,000
(Payment) refund of financing costs (262,000) 27,000
Distributions to non-controlling interests (1,159,000) (127,000)
Cash distributions to common stockholders (17,074,000) (15,718,000)
Net cash (used in) provided by financing activities (4,244,000) 3,504,000
Net decrease in cash, cash equivalents and restricted cash (930,000) (2,998,000)
Cash, cash equivalents and restricted cash at beginning of year 14,668,000 18,450,000
Cash, cash equivalents and restricted cash at end of period 13,738,000 15,452,000
Supplemental disclosures of cash flow information:    
Cash paid during the period for interest expense $ 8,721,000 8,719,000
Supplemental schedule of non-cash investing and financing activities:    
Purchase accounting allocation - intangible lease assets   4,008,000
Purchase accounting allocation - intangible lease liabilities   $ (158,000)