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SECURED AND UNSECURED DEBT (Details)
12 Months Ended
Dec. 31, 2015
USD ($)
Decimal
Dec. 31, 2014
USD ($)
Secured and Unsecured Debt [Line Items]    
Carrying Amount of Securing Real Estate $ 359,347,000  
Secured debt 351,401,000 $ 453,776,000
Recourse liability 5,000,000  
Loans Payable, Noncurrent [Abstract]    
Unsecured debt 530,000,000 380,000,000
Secured and unsecured debt [Member]    
Payments of principal over the next five years [Abstract]    
2016 92,804,000  
2017 58,239,000  
2018 141,316,000  
2019 130,569,000  
2020 $ 114,097,000  
$80 million Unsecured Term Loan [Member]    
Secured and Unsecured Debt [Line Items]    
Debt instrument, spread above LIBOR variable rate (in basis points) | Decimal 175  
Loans Payable, Noncurrent [Abstract]    
Effective interest rate (in hundredths) [1] 2.77%  
Debt Instrument, Maturity Date [1] Aug. 15, 2018  
Unsecured debt [1] $ 80,000,000 80,000,000
$50 Million Unsecured Term Loan [Member]    
Loans Payable, Noncurrent [Abstract]    
Effective interest rate (in hundredths) 3.91%  
Debt Instrument, Maturity Date Dec. 21, 2018  
Unsecured debt $ 50,000,000 50,000,000
Seventy-Five Million Unsecured Term Loan (closed in 2014) [Member]    
Secured and Unsecured Debt [Line Items]    
Debt instrument, spread above LIBOR variable rate (in basis points) | Decimal 115  
Loans Payable, Noncurrent [Abstract]    
Effective interest rate (in hundredths) [2] 2.846%  
Debt Instrument, Maturity Date [2] Jul. 31, 2019  
Unsecured debt [2] $ 75,000,000 75,000,000
$75 Million Unsecured Term Loan [Member]    
Secured and Unsecured Debt [Line Items]    
Debt instrument, spread above LIBOR variable rate (in basis points) | Decimal 140  
Loans Payable, Noncurrent [Abstract]    
Effective interest rate (in hundredths) [3] 3.752%  
Debt Instrument, Maturity Date [3] Dec. 20, 2020  
Unsecured debt [3] $ 75,000,000 75,000,000
Seventy-Five Million Unsecured Term Loan executed in 2015 [Member]    
Secured and Unsecured Debt [Line Items]    
Debt instrument, spread above LIBOR variable rate (in basis points) | Decimal 140  
Loans Payable, Noncurrent [Abstract]    
Effective interest rate (in hundredths) [4] 3.031%  
Debt Instrument, Maturity Date [4] Feb. 28, 2022  
Unsecured debt [4] $ 75,000,000 0
Thirty million senior unsecured notes [Member]    
Loans Payable, Noncurrent [Abstract]    
Effective interest rate (in hundredths) 3.80%  
Debt Instrument, Maturity Date Aug. 28, 2020  
Unsecured debt $ 30,000,000 30,000,000
Fifty million senior unsecured notes [Member]    
Loans Payable, Noncurrent [Abstract]    
Effective interest rate (in hundredths) 3.80%  
Debt Instrument, Maturity Date Aug. 28, 2023  
Unsecured debt $ 50,000,000 50,000,000
Twenty million senior unsecured notes [Member]    
Loans Payable, Noncurrent [Abstract]    
Effective interest rate (in hundredths) 3.80%  
Debt Instrument, Maturity Date Aug. 28, 2025  
Unsecured debt $ 20,000,000 20,000,000
Twenty-five million senior unsecured notes (executed in 2015) [Member]    
Loans Payable, Noncurrent [Abstract]    
Effective interest rate (in hundredths) 3.97%  
Debt Instrument, Maturity Date Oct. 01, 2025  
Unsecured debt $ 25,000,000 0
Fifty million senior unsecured notes (executed in 2015) [Member]    
Loans Payable, Noncurrent [Abstract]    
Effective interest rate (in hundredths) 3.99%  
Debt Instrument, Maturity Date Oct. 07, 2025  
Unsecured debt $ 50,000,000 0
Beltway II, III and IV, Commerce Park 1, Eastlake, Fairgrounds I-IV, Nations Ford I-IV, Techway Southwest III, Wetmore I-IV and World Houston 15 and 22 [Member]    
Secured and Unsecured Debt [Line Items]    
Interest Rate (in hundredths) 5.50%  
Monthly P & I Payment $ 536,552  
Carrying Amount of Securing Real Estate 0  
Secured debt $ 0 58,262,000
Country Club I, Lake Pointe, Techway Southwest II and World Houston 19 and 20 [Member]    
Secured and Unsecured Debt [Line Items]    
Interest Rate (in hundredths) 4.98%  
Monthly P & I Payment $ 256,952  
Carrying Amount of Securing Real Estate 0  
Secured debt $ 0 26,074,000
Huntwood and Wiegman I-IV Distribution Centers [Member]    
Secured and Unsecured Debt [Line Items]    
Interest Rate (in hundredths) 5.68%  
Monthly P & I Payment $ 265,275  
Maturity Date 9/5/2016  
Carrying Amount of Securing Real Estate $ 19,991,000  
Secured debt $ 25,567,000 27,246,000
Alamo Downs, Arion 1-15 and 17, Rampart I, II, III & IV, Santan 10 and World Houston 16 [Member]    
Secured and Unsecured Debt [Line Items]    
Interest Rate (in hundredths) 5.97%  
Monthly P & I Payment $ 557,467  
Maturity Date 10/5/2016  
Carrying Amount of Securing Real Estate $ 57,654,000  
Secured debt $ 53,563,000 56,945,000
Arion 16, Broadway VI, Chino, East University I and II, Northpark I-IV, Santan 10 II, 55th Avenue and World Houston 1 and 2, 21 and 23 [Member]    
Secured and Unsecured Debt [Line Items]    
Interest Rate (in hundredths) 5.57%  
Monthly P & I Payment $ 518,885  
Maturity Date 9/5/2017  
Carrying Amount of Securing Real Estate $ 49,692,000  
Secured debt $ 50,971,000 54,259,000
Dominguez, Industry I and III, Kingsview, Shaw, Walnut and Washington [Member]    
Secured and Unsecured Debt [Line Items]    
Interest Rate (in hundredths) [5] 7.50%  
Monthly P & I Payment [5] $ 539,747  
Maturity Date [5] 5/5/2019  
Carrying Amount of Securing Real Estate [5] $ 47,123,000  
Secured debt [5] $ 54,689,000 56,970,000
Blue Heron Distribution Center II [Member]    
Secured and Unsecured Debt [Line Items]    
Interest Rate (in hundredths) 5.39%  
Monthly P & I Payment $ 16,176  
Maturity Date 2/29/2020  
Carrying Amount of Securing Real Estate $ 4,174,000  
Secured debt $ 735,000 884,000
Fortieth Avenue, Beltway V, Centennial Park, Executive Airport, Ocean View, Techway Southwest IV, Wetmore V-VIII and World Houston 26, 28, 29 and 30 [Member]    
Secured and Unsecured Debt [Line Items]    
Interest Rate (in hundredths) 4.39%  
Monthly P & I Payment $ 463,778  
Maturity Date 1/5/2021  
Carrying Amount of Securing Real Estate $ 68,092,000  
Secured debt $ 61,312,000 64,119,000
America Plaza, Central Green, Glenmont I & II, Interstate I, II & III, Rojas, Stemmons Circle, Venture, West Loop I & II and World Houston 3-9 [Member]    
Secured and Unsecured Debt [Line Items]    
Interest Rate (in hundredths) 4.75%  
Monthly P & I Payment $ 420,045  
Maturity Date 6/5/2021  
Carrying Amount of Securing Real Estate $ 43,369,000  
Secured debt $ 55,223,000 57,579,000
Arion 18, Beltway VI & VII, Commerce Park II & III, Concord Distribution Center, Interstate Distribution Center V, VI & VII, Lakeview Business Center, Ridge Creek Distribution Center II, Southridge IV & V and World Houston 32 [Member]    
Secured and Unsecured Debt [Line Items]    
Interest Rate (in hundredths) 4.09%  
Monthly P & I Payment $ 329,796  
Maturity Date 1/5/2022  
Carrying Amount of Securing Real Estate $ 59,908,000  
Secured debt $ 46,584,000 48,592,000
Ramona Distribution Center [Member]    
Secured and Unsecured Debt [Line Items]    
Interest Rate (in hundredths) 3.85%  
Monthly P & I Payment $ 16,287  
Maturity Date 11/30/2026  
Carrying Amount of Securing Real Estate $ 9,344,000  
Secured debt $ 2,757,000 $ 2,846,000
[1] The interest rate on this unsecured term loan is comprised of LIBOR plus 175 basis points subject to a pricing grid for changes in the Company's coverage ratings. The Company entered into an interest rate swap to convert the loan's LIBOR rate to a fixed interest rate, providing the Company an effective interest rate on the term loan of 2.770% as of December 31, 2015. See Note 13 for additional information on the interest rate swap.
[2] The interest rate on this unsecured term loan is comprised of LIBOR plus 115 basis points subject to a pricing grid for changes in the Company's coverage ratings. The Company entered into an interest rate swap to convert the loan's LIBOR rate to a fixed interest rate, providing the Company a weighted average effective interest rate on the term loan of 2.846% as of December 31, 2015. See Note 13 for additional information on the interest rate swap.
[3] The interest rate on this unsecured term loan is comprised of LIBOR plus 140 basis points subject to a pricing grid for changes in the Company's coverage ratings. The Company entered into two interest rate swaps to convert the loan's LIBOR rate to a fixed interest rate, providing the Company a weighted average effective interest rate on the term loan of 3.752% as of December 31, 2015. See Note 13 for additional information on the interest rate swaps.
[4] The interest rate on this unsecured term loan is comprised of LIBOR plus 140 basis points subject to a pricing grid for changes in the Company's coverage ratings. The Company entered into an interest rate swap to convert the loan's LIBOR rate to a fixed interest rate, providing the Company a weighted average effective interest rate on the term loan of 3.031% as of December 31, 2015. See Note 13 for additional information on the interest rate swap.
[5] This mortgage loan has a recourse liability of $5.0 million which will be released based on the secured properties generating certain base rent amounts.