Consolidated Statement of Cash Flows $ in Thousands	3 Months Ended
	Mar. 31, 2016 USD ($)
Cash flows from operating activities:
Net income	$ 419
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	17,225
Amortization of deferred financing costs	2,606
Accretion of below- and amortization of above-market lease liabilities and assets, net	(1,724)
Equity-based compensation	(6,430)
Loss on derivative instruments	251
Income from unconsolidated joint venture	(1,088)
Gain on sale of real estate investment, net	(6,505)
Bad debt expense	142
Changes in assets and liabilities:
Tenant and other receivables	322
Unbilled rent receivables	(2,252)
Prepaid expenses, other assets and deferred costs	1,069
Accrued unbilled ground rent	686
Accounts payable and accrued expenses	193
Deferred revenue	794
Net cash provided by operating activities	5,708
Cash flows from investing activities:
Proceeds from sale of real estate investments and redemption of preferred equity investment	35,429
Capital expenditures	(6,290)
Distributions from unconsolidated joint venture	7,900
Net cash provided by investing activities	37,039
Cash flows from financing activities:
Payments on mortgage notes payable	(19,041)
Refund of financing costs	19
Dividends paid	(18,894)
Distributions to non-controlling interest holders	(428)
Restricted cash	(2,845)
Net cash used in financing activities	(41,189)
Net increase in cash and cash equivalents	1,558
Cash and cash equivalents, beginning of period	98,604
Cash and cash equivalents, end of period	100,162
Supplemental disclosures:
Cash paid for interest	7,154
Non-cash investing and financing activities:
Accrued capital expenditures	4
Conversion of OP units to common stock	$ 23,239