Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Cash flows from operating activities:
Net income	$ 10,576	$ 7,935
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	13,615	13,467
Amortization related to above/below market leases, net	(89)	(73)
Amortization of debt premium		(24)
Amortization of deferred financing costs	383	347
Stock-based compensation expense	413	376
Changes in assets and liabilities:
Lease receivable	(375)	(490)
Accrued expenses and other liabilities	(1,309)	(618)
Tenant reserves, deposits and deferred and prepaid rents	(157)	(241)
Accrued interest	534	(38)
Leasing costs paid	(764)	(604)
Other, net	1,038	2,285
Net cash provided by operating activities	23,865	22,322
Cash flows from investing activities:
Investments in LLCs	(5,892)	(3,869)
Advances made to third-party partners	(128)
Cash distributions from LLCs	688	369
Advance received from LLC		3,500
Additions to real estate investments, net	(4,335)	(8,789)
Deposit on real estate assets		(100)
Net cash used in investing activities	(9,667)	(8,889)
Cash flows from financing activities:
Net borrowings on the line of credit	16,300	13,300
Repayments of mortgage notes payable	(12,918)	(4,995)
Financing costs paid	(49)	(132)
Dividends paid	(20,156)	(19,837)
Issuance of shares of beneficial interest, net	(10)	76
Net cash used in financing activities	(16,833)	(11,588)
(Decrease)/increase in cash and cash equivalents	(2,635)	1,845
Cash and cash equivalents, beginning of period	8,212	7,614
Cash and cash equivalents, end of period	5,577	9,459
Supplemental disclosures of cash flow information:
Interest paid	8,211	7,736
Invoices accrued for construction and improvements	$ 902	$ 1,808