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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Cash flows from operating activities:    
Net income $ 16,436 $ 7,286
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization expense 46,913 48,854
Amortization of above market lease (32) 63
Equity in losses of non-consolidated REITs 360 1,036
Gain on sale of properties, less applicable income tax (11,410)  
Increase (decrease) in allowance for doubtful accounts (75) 125
Changes in operating assets and liabilities:    
Restricted cash 694 (85)
Tenant rent receivables 1,922 2,110
Straight-line rents (643) (3,323)
Lease acquisition costs (231) (437)
Prepaid expenses and other assets 196 503
Accounts payable, accrued expenses and other items (4,306) (8,405)
Accrued compensation (1,431) (933)
Tenant security deposits 66 232
Payment of deferred leasing commissions (2,737) (3,908)
Net cash provided by operating activities 45,722 43,118
Cash flows from investing activities:    
Property acquisitions (66,104)  
Acquired real estate leases (10,604)  
Property improvements, fixtures and equipment (10,333) (7,578)
Distributions in excess of earnings from non-consolidated REITs 54 54
Repayment of related party mortgage loan receivable   13,880
Investment in related party mortgage loan receivable   (2,570)
Proceeds received on sales of real estate assets 55,659  
Net cash provided by (used in) investing activities (31,328) 3,786
Cash flows from financing activities:    
Distributions to stockholders (38,072) (38,072)
Borrowings under bank note payable 95,000 10,000
Repayments of bank note payable (63,000) (20,000)
Net cash used in financing activities (6,072) (48,072)
Net increase in cash and cash equivalents 8,322 (1,168)
Cash and cash equivalents, beginning of year 7,519 19,623
Cash and cash equivalents, end of period 15,841 18,455
Non-cash investing and financing activities:    
Accrued costs for purchase of real estate assets $ 2,732 $ 2,428