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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Cash flows from operating activities:    
Net loss $ (602) $ (2,889)
Adjustment to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 32,045 18,132
Loss on impairment   622
Non-cash portion of interest expense 515 498
Intangible amortization in rental income, net 2,875 2,258
Straight-line rent adjustments, net (1,507) (1,269)
Gain on interest rate swaps   (215)
Gain on extinguishment of debt   (18)
Gain on sales of real estate (464) (219)
Non-cash compensation expense 1,485 976
Issuance of units for acquisition fee   225
Change in assets and liabilities:    
Tenant accounts receivable, net (77) 101
Leasing commissions, net (1,420) (359)
Restricted cash (421) (689)
Prepaid expenses and other assets (1,633) (653)
Accounts payable, accrued expenses and other liabilities 969 (35)
Tenant prepaid rent and security deposits 1,429 1,152
Due from related parties 550 (43)
Total adjustments 34,346 20,464
Net cash provided by operating activities 33,744 17,575
Cash flows from investing activities:    
Additions of land and building improvements (120,458) (86,992)
Proceeds from sale of rental property, net 4,843 3,216
Restricted cash (837) (1,173)
Cash received (paid) for deal deposits, net (100) 35
Additions to lease intangibles (38,422) (25,950)
Net cash used in investing activities (154,974) (110,864)
Cash flows from financing activities:    
Proceeds from sale of series B preferred stock 70,000  
Proceeds from credit facility   87,300
Repayment of credit facility   (82,300)
Proceeds from unsecured credit facility 65,000  
Repayment of unsecured credit facility (164,300)  
Proceeds from unsecured term loans 75,000  
Proceeds from mortgage notes payable   9,252
Repayment of mortgage notes payable (1,965) (18,592)
Payment of loan fees and costs (1,487) (477)
Dividends and distributions (27,634) (14,009)
Proceeds from sales of common stock 117,739 107,387
Offering costs (7,847) (5,104)
Restricted cash - escrow for dividends (2,519) (1,553)
Net cash provided by financing activities 121,987 81,904
Increase (decrease) in cash and cash equivalents 757 (11,385)
Cash and cash equivalents-beginning of period 19,006 16,498
Cash and cash equivalents-end of period $ 19,763 $ 5,113