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Consolidated Statements Of Cash Flows
3 Months Ended 9 Months Ended
Sep. 30, 2018
USD ($)
Sep. 30, 2018
USD ($)
Sep. 30, 2017
USD ($)
OPERATING ACTIVITIES      
Net (loss) income $ 6,305,000 $ (378,000) $ 13,973,000
Adjustments to reconcile net (loss) income to net cash provided by operating activities:      
Gain on sales (4,864,000) (4,864,000) (7,099,000)
Impairment charges   20,689,000 9,850,000
Early extinguishment of debt costs 4,829,000 4,829,000  
Straight-line rents (332,000) (824,000) (787,000)
Provision for doubtful accounts   1,662,000 1,215,000
Depreciation and amortization 9,650,000 30,245,000 30,178,000
Amortization of intangible lease liabilities, net (729,000) (3,611,000) (1,900,000)
Expense relating to share-based compensation, net   2,801,000 2,693,000
Amortization of premium on mortgage loan payable   (80,000) (97,000)
Amortization of deferred financing costs   913,000 1,040,000
Changes in operating assets and liabilities, net of effects of acquisitions and dispositions:      
Rents and other receivables   (3,524,000) (3,112,000)
Prepaid expenses and other   (9,207,000) (6,395,000)
Accounts payable and accrued liabilities   1,326,000 1,826,000
Net cash provided by operating activities   39,977,000 41,385,000
INVESTING ACTIVITIES      
Acquisitions of real estate   (179,000) (32,442,000)
Expenditures for real estate improvements   (21,919,000) (17,115,000)
Net proceeds from sales of real estate   19,118,000 10,372,000
Issuance of mortgage note receivable   (3,500,000)  
Net cash (used in) investing activities   (6,480,000) (39,185,000)
FINANCING ACTIVITIES      
Repayments under revolving credit facility   (117,500,000) (134,500,000)
Advances under revolving credit facility   164,500,000 157,500,000
Advance under term loan   75,000,000  
Mortgage repayments   (80,077,000) (2,399,000)
Payments of early extinguishment of debt costs   (5,159,000)  
Payments of debt financing costs   (677,000) (2,498,000)
Noncontrolling interests:      
Distributions to limited partners   (62,000) (53,000)
Redemption of OP Units   (7,000) (11,000)
Net proceeds from sale of preferred stock     72,337,000
Redemptions of preferred stock   (50,016,000) (112,510,000)
Common stock sales less issuance expenses, net   9,000 43,164,000
Preferred stock dividends   (8,588,000) (11,113,000)
Distributions to common shareholders   (13,741,000) (13,116,000)
Net cash (used in) financing activities   (36,318,000) (3,199,000)
Net (decrease) in cash, cash equivalents and restricted cash   (2,821,000) (999,000)
Cash, cash equivalents and restricted cash at beginning of year   7,219,000 5,762,000
Cash, cash equivalents and restricted cash at end of period 4,398,000 4,398,000 4,763,000
Reconciliation to consolidated balance sheets:      
Cash and cash equivalents 4,398,000 4,398,000 2,240,000
Restricted cash     2,523,000
Cash, cash equivalents and restricted cash at end of period $ 4,398,000 $ 4,398,000 $ 4,763,000