CONSOLIDATED BALANCE SHEETS (USD $) In Thousands, unless otherwise specified	Mar. 31, 2015	Dec. 31, 2014
Assets
Land and improvements	$ 68,608	$ 68,606
Building and improvements	230,000	227,427
Furniture and fixtures	16,638	16,567
Construction in progress	4,997	2,317
Gross investment property	320,243	314,917
Less accumulated depreciation	(42,552)	(40,166)
Net investment property	277,691	274,751
Investment in unconsolidated affiliated real estate entity	11,284	9,846
Investment in affiliates	43,750	36,637
Cash and cash equivalents	85,537	54,529
Marketable securities, available for sale	146,270	154,818
Restricted escrows	8,761	8,809
Tenant accounts receivable (net of allowance for doubtful accounts of $275 and $327, respectively)	1,878	1,853
Mortgage receivable	5,144	5,179
Intangible assets, net	1,430	1,546
Prepaid expenses and other assets	13,566	14,366
Assets held for sale	33,268	111,505
Total Assets	628,579	673,839
Liabilities and Stockholders' Equity
Mortgages payable	226,645	227,189
Notes payable	20,410	38,582
Accounts payable, accrued expenses and other liabilities	12,819	12,293
Due to sponsor	785	802
Tenant allowances and deposits payable	5,847	2,314
Distributions payable	4,480	4,566
Deferred rental income	1,422	1,167
Acquired below market lease intangibles, net	744	793
Liabilities held for sale	22,301	70,130
Total Liabilities	295,453	357,836
Commitments and contingencies (See Note 11)
Company's Stockholders Equity:
Preferred shares, $0.01 par value, 10,000 shares authorized, none issued and outstanding
Common stock, $0.01 par value; 60,000 shares authorized, 25,941 and 25,850 shares issued and outstanding, respectively	259	258
Additional paid-in-capital	205,082	204,022
Accumulated other comprehensive income	51,613	50,671
Accumulated surplus	42,491	25,814
Total Company's stockholders' equity	299,445	280,765
Noncontrolling interests	33,681	35,238
Total Stockholders' Equity	333,126	316,003
Total Liabilities and Stockholders' Equity	$ 628,579	$ 673,839