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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Cash flows from operating activities:      
Net income $ 42,253 $ 39,034 $ 27,413
Adjustments to reconcile net income to net cash provided by operating activities:      
Gain on sale of real estate, net (16,762) (25,463) (17,280)
Impairment due to casualty loss     430
Increase in net amortization of unbilled rental income (2,409) (234) (1,722)
Write-off of unbilled rent receivable     1,094
Amortization and write-off of intangibles relating to leases, net (831) (785) (780)
Amortization of restricted stock and RSU compensation expense 5,507 5,433 4,686
Equity in earnings of unconsolidated joint ventures (400) (202) (38)
Equity in earnings from sale of unconsolidated joint venture property   (805) (121)
Distributions of earnings from unconsolidated joint ventures 172 1,440 208
Depreciation and amortization 23,781 22,832 22,964
Amortization and write-off of deferred financing costs 1,115 970 976
Payment of leasing commissions (2,561) (1,430) (235)
(Increase) decrease in escrow, deposits, other assets and receivables (6,856) 6,759 (3,146)
Increase in accrued expenses and other liabilities 1,188 1,012 677
Net cash provided by operating activities 44,197 48,561 35,126
Cash flows from investing activities:      
Purchase of real estate (51,217) (24,534) (28,504)
Improvements to real estate (4,574) (4,106) (1,037)
Investments in ground leased property (697) (1,746)  
Net proceeds from sale of real estate 30,253 52,685 29,413
Insurance recovery proceeds due to casualty loss 918 975 150
Distributions of capital from unconsolidated joint venture   97 311
Net cash (used in) provided by investing activities (25,317) 23,371 333
Cash flows from financing activities:      
Scheduled amortization payments of mortgages payable (12,624) (13,957) (13,114)
Repayment of mortgages payable (54,585) (30,532) (11,815)
Proceeds from mortgage financings 70,690 10,600 18,200
Proceeds from sale of common stock, net 563 3,314  
Proceeds from bank line of credit 53,300 21,200 41,500
Repayments on bank line of credit (43,200) (22,450) (40,000)
Issuance of shares through dividend reinvestment plan 2,395 977 1,026
Repurchases of common stock (5,240)    
Payment of financing costs (1,669) (232) (189)
Capital contributions from non-controlling interests   25 10
Distributions to non-controlling interests (52) (457) (40)
Cash distributions to common stockholders (37,847) (37,318) (29,441)
Net cash used in financing activities (28,269) (68,830) (33,863)
Net (decrease) increase in cash, cash equivalents and restricted cash (9,389) 3,102 1,596
Cash, cash equivalents and restricted cash at beginning of year 16,666 13,564 11,968
Cash, cash equivalents and restricted cash at end of year 7,277 16,666 13,564
Supplemental disclosure of cash flow information:      
Cash paid during the period for interest expense 17,475 18,972 20,213
Supplemental disclosure of non-cash investing activities:      
Purchase accounting allocation - intangible lease assets 4,322 2,288 3,905
Purchase accounting allocation - intangible mortgage asset 670    
Purchase accounting allocation - intangible lease liabilities (2,006) $ (632) (568)
Assumption of mortgage payable upon acquisition of properties $ 6,034    
Loan receivable in connection with sale of property     4,613
Lease liabilities arising from the recognition of right of use assets     2,858
Supplemental disclosure of non-cash financing activity:      
Common stock dividend - portion paid in shares of common stock     $ 6,828