Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2024	Sep. 30, 2023
Cash flows from operating activities:
Net income	$ 14,573	$ 11,807
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	20,624	20,479
Amortization related to above/below market leases, net	(131)	(109)
Amortization of debt premium		(36)
Amortization of deferred financing costs	571	536
Stock-based compensation expense	635	577
Changes in assets and liabilities:
Lease receivable	(1,229)	(741)
Accrued expenses and other liabilities	241	859
Tenant reserves, deposits and deferred and prepaid rents	(108)	114
Accrued interest	246	(43)
Leasing costs paid	(1,100)	(1,370)
Other, net	(564)	411
Net cash provided by operating activities	33,758	32,484
Cash flows from investing activities:
Investments in LLCs	(5,892)	(4,058)
Cash distributions from LLCs	765	531
Advance received from LLC		3,500
Additions to real estate investments, net	(6,037)	(12,220)
Cash paid for acquisition of properties		(7,598)
Net cash used in investing activities	(11,164)	(19,845)
Cash flows from financing activities:
Net borrowings on the line of credit	21,150	23,400
Repayments of mortgage notes payable	(13,232)	(5,423)
Financing costs paid	(2,127)	(222)
Dividends paid	(30,242)	(29,767)
Issuance of shares of beneficial interest, net	17	118
Net cash used in financing activities	(24,434)	(11,894)
(Decrease)/increase in cash and cash equivalents	(1,840)	745
Cash and cash equivalents, beginning of period	8,212	7,614
Cash and cash equivalents, end of period	6,372	8,359
Supplemental disclosures of cash flow information:
Interest paid	13,134	12,032
Invoices accrued for construction and improvements	$ 1,715	$ 2,005