CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019
Cash flows from operating activities:
Net (loss) income	$ (3,659)	$ 1,786
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation	5,347	3,988
Net realized loss (gain) upon sale of marketable securities	2,549	(539)
Net unrealized change in fair value of marketable securities	648	(3,609)
Share based compensation	77	119
Amortization of intangible lease assets and liabilities	3,854	2,922
Amortization of deferred financing costs	293	248
Straight line rent	(819)	(628)
Amortization of discount on note to affiliate	122	111
Changes in assets and liabilities:
Receivables	(61)	(138)
Deferred leasing costs	(908)	(180)
Prepaid and other assets	(48)	(67)
Accounts payable and accrued expenses	1,049	638
Other liabilities	241	1
Due to affiliates	(1,080)	145
Net cash provided by operating activities	7,605	4,797
Cash flows from investing activities:
Investment in real estate and related assets	0	(54,947)
Improvements to real estate assets	(1,551)	(1,263)
Investment in marketable securities	(20,829)	(16,994)
Proceeds from sale of marketable securities	20,321	16,555
Net cash used in investing activities	(2,059)	(56,649)
Cash flows from financing activities:
Proceeds from line of credit	9,500	20,500
Repayment of line of credit	(13,500)	(52,819)
Proceeds from mortgage loans payable	0	47,300
Repayment of mortgage loans payable	(196)	(189)
Proceeds from issuance of common stock	26,492	47,777
Payment of financing costs	0	(471)
Payment of offering costs	(2,438)	(2,490)
Distributions to investors	(4,019)	(3,265)
Redemption of common stock	(19,429)	(4,185)
Net cash used in financing activities	(3,590)	52,158
Net increase in cash and cash equivalents	1,956	306
Cash and cash equivalents, beginning of period	4,234	2,002
Cash and cash equivalents, end of period	6,190	2,308
Supplemental Disclosures of Non-Cash Investing and Financing Activities:
Distributions declared and unpaid	425	412
Common stock issued through the distribution reinvestment plan	4,071	2,874
Purchases of marketable securities not yet paid	0	172
Proceeds from sale of marketable securities not yet received	0	231
Proceeds from issuance of common stock not yet received	15	227
Redemptions of common stock not yet paid	131	151
Extinguishment on note to affiliate	3,567	0
Discount on note to affiliate	236	0
Accrued dealer manager and distribution fees	4,924	2,978
Capital expenditures not yet paid	509	313
Supplemental Cash Flow Disclosures:
Interest paid	4,915	3,195
In connection with the purchase of investments in real estate and related assets, the Company also assumed certain non-real estate assets and liabilities:
Purchase price	0	55,061
Prepaid and other assets assumed	0	183
Other liabilities assumed	0	297
Investment in real estate and related assets	$ 0	$ 54,947