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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
OPERATING ACTIVITIES      
Net (loss) income $ (45,003,000) $ (520,000) $ 1,566,000
Adjustments to reconcile net loss to net cash provided by operating activities:      
Gain on sales (49,904,000) (4,396,000) (2,942,000)
Impairment charges 99,888,000 7,607,000 8,938,000
Straight-line rents and expenses, net (161,000) 1,279,000 (265,000)
Provision for doubtful accounts 1,114,000 1,478,000 412,000
Depreciation and amortization 39,454,000 48,412,000 45,861,000
Amortization of intangible lease liabilities, net (1,074,000) (1,373,000) (2,827,000)
Expense relating to share-based compensation, net 3,043,000 3,723,000 4,117,000
Amortization of deferred financing costs 1,360,000 1,331,000 1,286,000
Changes in operating assets and liabilities, net of effects of acquisitions and dispositions:      
Rents and other receivables (1,266,000) (2,811,000) (812,000)
Prepaid expenses and other (2,709,000) (9,216,000) (3,037,000)
Accounts payable and accrued liabilities 220,000 (2,934,000) 1,378,000
Net cash provided by operating activities 44,962,000 42,580,000 53,675,000
INVESTING ACTIVITIES      
Expenditures for real estate improvements (28,309,000) (39,551,000) (31,910,000)
Net proceeds from sales of real estate 104,497,000 21,182,000 18,651,000
Contributions to unconsolidated joint venture (4,654,000)    
Acquisition of real estate     (9,083,000)
Net cash provided by (used in) investing activities 71,534,000 (18,369,000) (22,342,000)
FINANCING ACTIVITIES      
Repayments under revolving credit facility (188,000,000) (104,000,000) (21,000,000)
Advances under revolving credit facility 79,000,000 173,000,000 27,000,000
Repayment under term loan (100,000,000) (75,000,000)  
Termination payment related to interest rate swap (503,000)    
Mortgage proceeds 114,000,000    
Mortgage repayments (1,110,000) (1,067,000) (1,027,000)
Payments of debt financing costs (3,278,000) (326,000)  
Noncontrolling interests:      
Purchase of minority interest (276,000)    
Distributions to limited partners (20,000) (42,000) (111,000)
Redemption of OP units (8,000)   (43,000)
Common stock sales less issuance expenses, net   13,000 22,000
Common stock repurchases     (6,844,000)
Preferred stock dividends (10,752,000) (10,752,000) (10,752,000)
Distributions to common shareholders (3,917,000) (7,147,000) (17,808,000)
Net cash used in financing activities (114,864,000) (25,321,000) (30,563,000)
Net increase (decrease) in cash, cash equivalents and restricted cash 1,632,000 (1,110,000) 770,000
Cash, cash equivalents and restricted cash at beginning of period 1,637,000 2,747,000 1,977,000
Cash, cash equivalents and restricted cash at end of period 3,269,000 1,637,000 2,747,000
Reconciliation to consolidated balance sheets:      
Cash and cash equivalents 3,039,000 1,637,000 2,747,000
Restricted cash 230,000    
Cash, cash equivalents and restricted cash at end of period $ 3,269,000 $ 1,637,000 $ 2,747,000