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CONSOLIDATED BALANCE SHEETS (unaudited) (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2014
Dec. 31, 2013
Real estate investments at cost:    
Land $ 195,086 $ 181,749
Buildings 238,288 224,472
Tenant improvements 15,910 14,992
Real estate investments at cost, gross 449,284 421,213
Less accumulated depreciation and amortization (40,881) (37,356)
Real estate investments at cost, net 408,403 383,857
Acquired lease intangibles, net 16,160 15,849
Investments in Advised Funds 15,534 15,689
Net real estate investments 440,097 415,395
Cash and cash equivalents 4,884 14,297
Tenant and accounts receivable, net 5,505 6,467
Accounts receivable - related party, net 1,057 693
Notes receivable, net 353 4,333
Notes receivable - related party, net 744 689
Deferred costs, net 3,754 3,214
Other assets 3,158 1,493
TOTAL ASSETS 459,552 446,581
Liabilities:    
Notes payable 219,286 199,851
Accounts payable and other liabilities 8,955 11,582
Acquired below-market lease intangibles, net 8,897 7,881
TOTAL LIABILITIES 237,138 219,314
Stockholders' equity:    
Preferred stock, $0.01 par value, 50,000,000 shares authorized, none issued     
Common stock, $0.01 par value, 1,000,000,000 shares authorized as of June 30, 2014 and December 31, 2013, 19,685,084 and 19,628,037 shares issued and outstanding as of June 30, 2014 and December 31, 2013 197 196
Capital in excess of par value 307,138 306,423
Accumulated distributions in excess of earnings (84,921) (79,352)
TOTAL STOCKHOLDERS' EQUITY 222,414 227,267
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 459,552 $ 446,581