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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Cash flows from operating activities:    
Net income $ 26,289,000 $ 10,116,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Gain on sale of real estate, net (21,491,000) (4,252,000)
Loss on derivative instrument reclassified into Prepayment costs on debt   775,000
Decrease (increase) in unbilled rent receivable 121,000 (1,168,000)
Amortization and write-off of intangibles relating to leases, net (440,000) (373,000)
Amortization of restricted stock expense 3,028,000 2,305,000
Equity in loss (earnings) of unconsolidated joint ventures 2,000 (54,000)
Equity in earnings from sale of unconsolidated joint venture property   (121,000)
Distributions of earnings from unconsolidated joint ventures 100,000 116,000
Depreciation and amortization 11,459,000 11,478,000
Amortization and write-off of deferred financing costs 509,000 459,000
Payment of leasing commissions (555,000) (38,000)
Decrease (increase) in escrow, deposits, other assets and receivables 7,380,000 (2,087,000)
Increase in accrued expenses and other liabilities 719,000 963,000
Net cash provided by operating activities 27,121,000 18,119,000
Cash flows from investing activities:    
Purchase of real estate (7,061,000) (28,504,000)
Improvements to real estate (2,521,000) (265,000)
Investments in ground leased property (1,132,000)  
Net proceeds from sale of real estate 39,491,000 7,093,000
Insurance recovery proceeds due to casualty loss 300,000  
Distributions of capital from unconsolidated joint venture   271,000
Net cash provided by (used in) investing activities 29,077,000 (21,405,000)
Cash flows from financing activities:    
Scheduled amortization payments of mortgages payable (7,114,000) (6,454,000)
Repayment of mortgages payable (18,832,000) (3,332,000)
Proceeds from mortgage financings 4,500,000 18,200,000
Proceeds from bank line of credit 9,500,000 41,500,000
Repayment on bank line of credit (22,450,000) (22,100,000)
Issuance of shares through dividend reinvestment plan   1,026,000
Payment of financing costs (86,000) (173,000)
Capital contributions from non-controlling interests 25,000  
Distributions to non-controlling interests (24,000) (13,000)
Cash distributions to common stockholders (18,590,000) (18,003,000)
Net cash (used in) provided by financing activities (53,071,000) 10,651,000
Net increase in cash, cash equivalents and restricted cash 3,127,000 7,365,000
Cash, cash equivalents and restricted cash at beginning of year 13,564,000 11,968,000
Cash, cash equivalents and restricted cash at end of year 16,691,000 19,333,000
Supplemental disclosure of cash flow information:    
Cash paid during the period for interest expense 10,068,000 9,653,000
Supplemental disclosure of non-cash investing activity:    
Purchase accounting allocation - intangible lease assets $ 1,057,000 3,905,000
Purchase accounting allocation - intangible lease liabilities   $ (568,000)