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Condensed Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Cash flows from operating activities:    
Net income $ 3,573 $ 4,401
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization expense 24,797 16,415
Amortization of above market lease (11) (3)
Equity in losses of non-consolidated REITs 484 188
Increase (decrease) in bad debt reserve   (1,190)
Changes in operating assets and liabilities:    
Restricted cash (45) (8)
Tenant rent receivables (933) 582
Straight-line rents (1,784) (657)
Lease acquisition costs (347) (189)
Prepaid expenses and other assets 800 70
Accounts payable, accrued expenses and other items (7,257) (5,011)
Accrued compensation (1,958) (2,000)
Tenant security deposits 231 (15)
Payment of deferred leasing commissions (1,113) (2,624)
Net cash provided by operating activities 16,437 9,959
Cash flows from investing activities:    
Purchase of real estate assets, office computers and furniture (4,850) (3,465)
Investment in non-consolidated REITs   4,752
Distributions in excess of earnings from non-consolidated REITs 27 27
Investment in related party mortgage loan receivable (2,170) (3,000)
Changes in deposits on real estate assets   (1,500)
Net cash used in investing activities (6,993) (3,186)
Cash flows from financing activities:    
Distributions to stockholders (19,036) (15,758)
Borrowings under bank note payable 10,000 5,000
Net cash used in financing activities (9,036) (10,758)
Net increase (decrease) in cash and cash equivalents 408 (3,985)
Cash and cash equivalents, beginning of year 19,623 21,267
Cash and cash equivalents, end of period 20,031 17,282
Non-cash investing and financing activities:    
Accrued costs for purchase of real estate assets $ 1,080 $ 1,074