Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019
Cash flows from operating activities:
Net income	$ 14,447	$ 13,126
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	19,160	19,564
Amortization related to below market leases, net	(140)	(152)
Amortization of debt premium	(39)	(40)
Amortization of deferred financing costs	549	481
Stock-based compensation expense	665	504
Gain on sale of land		(250)
Changes in assets and liabilities:
Lease receivable	27	117
Accrued expenses and other liabilities	49	96
Tenant reserves, deposits and deferred and prepaid rents	(186)	(676)
Accrued interest	159	(80)
Leasing costs paid	(745)	(824)
Other, net	(1,171)	(135)
Net cash provided by operating activities	32,775	31,731
Cash flows from investing activities:
Investments in LLCs	(3,204)	(798)
Cash distributions from LLCs	5,196	343
Additions to real estate investments, net	(18,784)	(7,459)
Deposit on real estate assets		(200)
Cash proceeds received from divestiture of property, net		245
Net cash used in investing activities	(16,792)	(7,869)
Cash flows from financing activities:
Net borrowings on line of credit	14,150	9,250
Repayments of mortgage notes payable	(1,406)	(3,775)
Financing costs paid	(372)	(35)
Dividends paid	(28,411)	(27,988)
Issuance of shares of beneficial interest, net	266	165
Net cash used in financing activities	(15,773)	(22,383)
Increase in cash and cash equivalents	210	1,479
Cash and cash equivalents, beginning of period	6,110	5,036
Cash and cash equivalents, end of period	6,320	6,515
Supplemental disclosures of cash flow information:
Interest paid	5,620	7,771
Invoices accrued for construction and improvements	$ 5,660	$ 1,520