Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Cash flows from operating activities:
Net income	$ 4,459	$ 5,405
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	6,618	6,709
Amortization related to above/below market leases, net	(39)	(39)
Amortization of debt premium	(12)	(12)
Amortization of deferred financing costs	171	176
Stock-based compensation expense	188	223
Changes in assets and liabilities:
Lease receivable	(533)	(410)
Accrued expenses and other liabilities	(1,610)	(613)
Tenant reserves, deposits and deferred and prepaid rents	179	93
Accrued interest	(36)	(3)
Leasing costs paid	(200)	(482)
Other, net	883	657
Net cash provided by operating activities	10,068	11,704
Cash flows from investing activities:
Investments in LLCs	(3,869)
Cash distributions from LLCs	64	160
Advance received from LLC	3,500
Additions to real estate investments, net	(5,003)	(3,527)
Deposit on real estate assets	(100)
Cash paid for acquisition of properties		(13,605)
Net cash paid as part of asset exchange transaction		(1,346)
Net cash used in investing activities	(5,408)	(18,318)
Cash flows from financing activities:
Net borrowings on the line of credit	10,300	3,200
Repayments of mortgage notes payable	(4,612)	(536)
Financing costs paid	(30)	(26)
Dividends paid	(9,851)	(9,704)
Issuance of shares of beneficial interest, net	39	55
Net cash used in financing activities	(4,154)	(7,011)
Increase/(decrease) in cash and cash equivalents	506	(13,625)
Cash and cash equivalents, beginning of period	7,614	22,504
Cash and cash equivalents, end of period	8,120	8,879
Supplemental disclosures of cash flow information:
Interest paid	3,723	2,080
Invoices accrued for construction and improvements	$ 832	$ 1,932