CONSOLIDATED STATEMENT OF SHAREHOLDERS EQUITY - 3 months ended Mar. 31, 2018 - USD ($) $ in Thousands	Common Shares	Paid-in Capital	Accumulated Distributions in Excess of Earnings	Total Beneficial Interest	Noncontrolling Interest in Operating Partnership	Noncontrolling Interest in Partially Owned Properties	Accumulated Other Comprehensive Income (Loss)	Total
Beginning Balance at Dec. 31, 2017		$ 113,995	$ (23,179)	$ 90,816	$ 179,844	$ 3,180	$ (65)	$ 273,775
Beginning Balance (in shares) at Dec. 31, 2017	8,488,000							8,488,000
Contribution of assets in exchange for the issuance of noncontrolling interest shares					1,546			$ 1,546
Shares/units redeemed		(614)		(614)	(316)			(930)
Shares/units redeemed (in shares)	(35,000)
Dividends declared			(2,190)	(2,190)	(4,473)			(6,663)
Dividends reinvested - stock dividend		1,374		1,374				$ 1,374
Dividends reinvested - stock dividend (in shares)	79,000							79,000
Issuance of shares under optional purchase plan		1,412		1,412				$ 1,412
Issuance of shares under optional purchase plan (in shares)	76,000
Change in fair value of interest rate swaps							13	13
Net income			1,740	1,740	3,537	(19)		5,258
Ending balance at Mar. 31, 2018		$ 116,167	$ (23,629)	$ 92,538	$ 180,138	$ 3,161	$ (52)	$ 275,785
Ending balance (in shares) at Mar. 31, 2018	8,608,000							8,608,000