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Consolidated Balance Sheets (USD $)
In Thousands
Sep. 30, 2011
Dec. 31, 2010
ASSETS  
Land$ 138,404$ 127,699
Buildings171,322140,532
Tenant improvements12,67311,083
Real estate investments at cost, gross322,399279,314
Less accumulated depreciation and amortization(32,411)(28,620)
Real estate investments at cost, net289,988250,694
Acquired lease intangibles, net10,7245,975
Investments in advised funds and other affiliates7,7328,036
Net real estate investments308,444264,705
Cash and cash equivalents1,316655
Cash on deposit with qualified intermediary09,370
Tenant receivables, net2,9253,058
Accounts receivable, net1,1392,206
Accounts receivable - related party, net806521
Notes receivable, net3,3623,375
Notes receivable - related party, net5,1844,860
Deferred costs, net2,8052,869
Other assets4,1922,229
TOTAL ASSETS330,173293,848
LIABILITIES AND STOCKHOLDERS' EQUITY  
Notes payable199,684161,848
Accounts payable and other liabilities7,7366,670
Acquired below market lease intangibles, net2,0961,485
Security deposits868778
TOTAL LIABILITIES210,384170,781
Stockholders' equity:  
Preferred stock, $0.01 par value, 50,000,000 shares authorized, none issued00
Common stock, $0.01 par value, 1,000,000,000 shares authorized, 23,197,917 and 23,118,133 shares issued and 23,197,917 and 23,113,916 outstanding as of September 30, 2011 and December 31, 2010, respectively232232
Capital in excess of par value191,746191,369
Accumulated distributions in excess of earnings(72,098)(68,160)
Accumulated other comprehensive loss(91)(346)
Cost of treasury stock, 0 and 4,217 shares as of September 30, 2011 and December 31, 2010, respectively0(28)
TOTAL STOCKHOLDERS' EQUITY119,789123,067
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY$ 330,173$ 293,848