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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 (loss) $ 2,090,000 $ (12,915,000)
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization expense 49,050,000 51,823,000
Amortization of above and below market leases (208,000) (855,000)
Hedge ineffectiveness   (151,000)
(Gain) loss on sale of properties and properties held for sale, less applicable income tax   18,203,000
Equity in losses of non-consolidated REITs 387,000 598,000
Increase (decrease) in allowance for doubtful accounts (80,000) 25,000
Changes in operating assets and liabilities:    
Tenant rent receivables (836,000) (1,618,000)
Straight-line rents 299,000 (1,897,000)
Lease acquisition costs (398,000) (318,000)
Prepaid expenses and other assets 325,000 (503,000)
Accounts payable, accrued expenses and other items (8,609,000) (6,829,000)
Accrued compensation (1,863,000) (1,855,000)
Tenant security deposits 193,000 12,000
Payment of deferred leasing commissions (6,641,000) (3,632,000)
Net cash provided by operating activities 33,709,000 40,088,000
Cash flows from investing activities:    
Property improvements, fixtures and equipment (24,281,000) (28,464,000)
Distributions in excess of earnings from non-consolidated REITs 710,000 691,000
Repayment of related party mortgage receivable 530,000 9,530,000
Proceeds received on sales of real estate assets   6,160,000
Net cash used in investing activities (23,041,000) (12,083,000)
Cash flows from financing activities:    
Distributions to stockholders (30,025,000) (40,748,000)
Borrowings under bank note payable 30,000,000 40,000,000
Repayments of bank note payable (10,000,000) (25,000,000)
Deferred financing costs (14,000)  
Net cash used in financing activities (10,039,000) (25,748,000)
Net increase in cash, cash equivalents and restricted cash 629,000 2,257,000
Cash, cash equivalents and restricted cash, beginning of year 9,819,000 9,366,000
Cash, cash equivalents and restricted cash, end of period 10,448,000 11,623,000
Cash paid for:    
Interest 18,001,000 14,542,000
Taxes 485,000 583,000
Non-cash investing and financing activities:    
Accrued costs for purchases of real estate assets $ 5,360,000 $ 10,041,000