CONSOLIDATED STATEMENTS OF CASH FLOWS - Unaudited - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Document Period End Date	Mar. 31, 2019
OPERATING ACTIVITIES
Net Income	$ 22,534	$ 28,748
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	23,746	21,685
Stock-based compensation expense	1,065	1,184
Net gain on sales of real estate investments and non-operating real estate	(2,325)	(10,308)
Gain on casualties and involuntary conversion	(100)	0
Changes in operating assets and liabilities:
Accrued income and other assets	2,153	2,239
Accounts payable, accrued expenses and prepaid rent	(5,919)	(22,310)
Other	328	476
NET CASH PROVIDED BY OPERATING ACTIVITIES	41,482	21,714
INVESTING ACTIVITIES
Development and value-add properties	(42,846)	(31,212)
Real estate improvements	(5,610)	(5,158)
Net proceeds from sales of real estate investments and non-operating real estate	3,679	16,826
Repayments on mortgage loans receivable	3	1,958
Changes in accrued development costs	701	8,713
Changes in other assets and other liabilities	(4,857)	(2,344)
NET CASH USED IN INVESTING ACTIVITIES	(48,930)	(11,217)
FINANCING ACTIVITIES
Proceeds from unsecured bank credit facilities	144,635	91,387
Repayments on unsecured bank credit facilities	(207,497)	(85,634)
Proceeds from Unsecured Debt	80,000	0
Repayments on secured debt	(2,916)	(2,767)
Debt issuance costs	(153)	(88)
Distributions paid to stockholders (not including dividends accrued)	(26,787)	(22,736)
Proceeds from common stock offerings	24,400	14,466
Proceeds from dividend reinvestment plan	54	57
Other	(2,831)	(5,161)
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES	8,905	(10,476)
INCREASE IN CASH AND CASH EQUIVALENTS	1,457	21
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD	374	16
CASH AND CASH EQUIVALENTS AT END OF PERIOD	1,831	37
SUPPLEMENTAL CASH FLOW INFORMATION
Cash paid for interest, net of amount capitalized of $2,036 and $1,602 for 2019 and 2018, respectively	6,646	7,141
Cash paid for operating lease liability	281	0
NON-CASH OPERATING ACTIVITY
Operating lease liabilities arising from obtaining right of use assets	$ 12,417	$ 0