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Condensed Consolidated and Combined Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
OPERATING ACTIVITIES    
Net income $ 4,779 $ 10,335
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation of buildings and tenant improvements 6,796 6,175
Amortization of deferred leasing costs and in-place lease intangibles 1,230 1,004
Accrued straight-line rental revenue (850) (541)
Amortization of lease incentives and above or below-market rents 317 383
Accrued straight-line ground rent expense 159 176
Bad debt expense 11 117
Noncash stock compensation 522 769
Impairment charges   533
Noncash interest expense 293 337
Noncash loss on extinguishment of debt   508
Gain on acquisitions   (9,460)
Change in the fair value of derivatives 169 (156)
Income from real estate joint ventures   (210)
Changes in operating assets and liabilities:    
Property assets (1,792) 6,269
Property liabilities (1,056) (1,636)
Construction assets (206) (6,716)
Construction liabilities (1,375) (1,037)
Net cash provided by operating activities 8,997 6,850
INVESTING ACTIVITIES    
Development of real estate investments (47,709) (10,734)
Tenant and building improvements (3,680) (1,710)
Acquisitions of real estate investments, net of cash acquired (2,895) (2,106)
(Increase) decrease in restricted cash (777) 274
Contributions to real estate joint ventures   (81)
Return of capital from real estate joint ventures   511
Deferred leasing costs (874) (244)
Leasing incentives (63) (243)
Net cash used for investing activities (55,998) (14,333)
FINANCING ACTIVITIES    
Proceeds from sale of common stock   203,245
Offering costs (243) (5,662)
Formation Transactions   (47,221)
Debt issuances, credit facility and construction loan borrowings 56,687 42,700
Debt and credit facility payments, including principal amortization (1,578) (167,710)
Debt issuance costs (35) (1,823)
Predecessor distributions, net   (10,709)
Dividends and distributions (10,441)  
Net cash (used for) provided by financing activities 44,390 12,820
Net (decrease) increase in cash and cash equivalents (2,611) 5,337
Cash and cash equivalents, beginning of period 18,882 9,400
Cash and cash equivalents, end of period 16,271 14,737
Supplemental cash flow information:    
Cash paid for interest $ 5,795 $ 7,491