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Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net loss $ (2,872) $ (1,339)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation and amortization 37,362 33,834
Net amortization of above- and below-market leases (1,202) (1,213)
Amortization of deferred financing expense 1,511 1,359
Change in fair value of derivatives (239) (235)
Straight-line rental income (1,319) (1,492)
Other 310 152
Changes in operating assets and liabilities:    
Accounts payable – affiliates (180) (170)
Other assets (1,987) (6,562)
Accounts payable and other liabilities (1,910) 230
Net cash provided by operating activities 29,474 24,564
CASH FLOWS FROM INVESTING ACTIVITIES:    
Real estate acquisitions (19,741) (110,879)
Capital expenditures (4,415) (3,832)
Investment in unconsolidated joint venture 0 (1,291)
Return of investment in unconsolidated joint venture 4,750 400
Principal disbursement on notes receivable - affiliate 0 (1,272)
Net cash used in investing activities (19,406) (116,874)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Net change in credit facility 28,000 138,000
Payments on mortgages and loans payable (1,646) (13,070)
Payments of deferred financing expenses 0 (181)
Distributions paid, net of DRIP (20,773) (19,276)
Repurchases of common stock (13,645) (15,962)
Net cash (used in) provided by financing activities (8,064) 89,511
NET INCREASE (DECREASE) IN CASH, CASH EQUIVALENTS, AND RESTRICTED CASH 2,004 (2,799)
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH:    
Beginning of period 5,817 11,088
End of period 7,821 8,289
RECONCILIATION TO CONSOLIDATED BALANCE SHEET    
Cash, cash equivalents, and restricted cash at end of period 5,817 11,088
SUPPLEMENTAL CASH FLOW DISCLOSURE, INCLUDING NON-CASH INVESTING AND FINANCING ACTIVITIES:    
Cash paid for interest 14,332 8,995
Fair value of debt assumed 0 14,394
Accrued capital expenditures and acquisition costs 1,610 2,738
Change in distributions payable (98) (180)
Distributions reinvested $ 17,321 $ 18,482