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Condensed Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Cash flows from operating activities:    
Net income $ 9,984 $ 18,592
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 18,067 16,999
Amortization of deferred financing costs 941 1,151
Amortization of above-market leases 93 116
Amortization of intangible lease liabilities (869) (975)
Provision for doubtful accounts 7,664 0
Provision for loan losses 2,484 0
Loss on debt extinguishment 0 1,133
Straight-line rent (3,849) (6,551)
Stock-based compensation 23 23
Change in fair value of contingent consideration (1,140) 120
Changes in operating assets and liabilities:    
Accounts payable and other liabilities (488) (940)
Accounts payable due to affiliates 146 9
Other assets (3,437) (509)
Net cash provided by operating activities 29,619 29,168
Cash flows from investing activities:    
Capital expenditures (4,501) (10,432)
Real estate deposits, net 0 16
Notes receivable advances (500) (1,619)
Net cash used in investing activities (5,001) (12,035)
Cash flows from financing activities:    
Payments on notes payable (8,459) (34,437)
Proceeds from credit facility 20,000 50,000
Payments of deferred financing costs (1,417) (34)
Repurchase of common stock (12,101) (8,393)
Offering costs (5) (10)
Distributions to stockholders (15,309) (14,559)
Payments to escrow funds (866) (1,457)
Collections of escrow funds 227 222
Distributions to noncontrolling interests in consolidated partnerships (834) (557)
Net cash used in financing activities (18,764) (9,225)
Net change in cash and cash equivalents 5,854 7,908
Cash and cash equivalents - Beginning of period 42,613 28,527
Cash and cash equivalents - End of period 48,467 36,435
Supplemental cash flow disclosure:    
Interest paid, net of interest capitalized of $861 and $251, respectively 8,525 8,698
Supplemental disclosure of non-cash transactions:    
Common stock issued through distribution reinvestment plan 16,621 17,084
Net unrealized gain (loss) on interest rate swap $ 1,503 $ (3,863)