Condensed Consolidated Statement of Cash Flows - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2019	Mar. 31, 2018
Cash flows from operating activities:
Net income	$ 4,212	$ 9,604
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	6,654	6,231
Amortization of debt premium	(13)	(10)
Stock-based compensation expense	159	119
Hurricane insurance recovery proceeds in excess of damaged property write-downs		(4,535)
Gain on sale of land	(250)
Changes in assets and liabilities:
Lease receivable	(968)	(405)
Accrued expenses and other liabilities	(734)	(367)
Tenant reserves, deposits and deferred and prepaid rents	(537)	296
Accrued interest	38	(182)
Leasing costs paid	(299)	(209)
Other, net	371	217
Net cash provided by operating activities	8,633	10,759
Cash flows from investing activities:
Investments in LLCs	(541)	(369)
Cash distributions in excess of income from LLCs	292	193
Additions to real estate investments, net	(1,834)	(1,987)
Cash proceeds received from divestiture of property, net	245
Hurricane insurance recovery proceeds in excess of damaged property write-downs		4,535
Hurricane remediation payments		(192)
Net cash (used in)/provided by investing activities	(1,838)	2,180
Cash flows from financing activities:
Net borrowings/(repayments) on line of credit	3,900	(6,050)
Repayments of mortgage notes payable	(442)	(4,596)
Financing costs paid	(35)	(1,527)
Dividends paid	(9,279)	(9,100)
Issuance of shares of beneficial interest, net	57	56
Net cash used in financing activities	(5,799)	(12,117)
Increase in cash and cash equivalents	996	822
Cash and cash equivalents, beginning of period	5,036	3,387
Cash and cash equivalents, end of period	6,032	4,209
Supplemental disclosures of cash flow information:
Interest paid	2,501	2,525
Invoices accrued for construction and improvements	382	$ 1,390
Right-of-use assets obtained in exchange for lease obligations	$ 8,855