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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Cash flows from operating activities:    
Net income $ 17,077 $ 14,947
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization of deferred leasing costs 11,643 11,349
Amortization of deferred debt costs 384 470
Compensation costs of stock grants and options 419 449
Credit losses on operating lease receivables 238 286
Increase in accounts receivable and accrued income 2,035 2,950
Additions to deferred leasing costs (554) (1,046)
Decrease in prepaid expenses 1,111 1,163
Increase in other assets (2,500) (5,165)
Increase in accounts payable, accrued expenses and other liabilities 5,158 1,863
Decrease in deferred income (3,370) (1,479)
Net cash provided by operating activities 31,641 25,787
Cash flows from investing activities:    
Acquisitions of real estate investments (24) 0
Additions to real estate investments (2,874) (3,483)
Additions to development and redevelopment projects (20,525) (13,240)
Net cash used in investing activities (23,423) (16,723)
Cash flows from financing activities:    
Proceeds from notes payable 22,100 0
Repayments on notes payable (29,030) (21,522)
Proceeds from term loan facility 0 75,000
Proceeds from revolving credit facility 19,000 34,000
Repayments on revolving credit facility (26,000) (80,000)
Proceeds from construction loan 15,217 0
Additions to deferred debt costs (397) (2,578)
Proceeds from the issuance of:    
Common stock 6,171 3,997
Partnership units 705 2,017
Preferred stock redemption costs 0 (13)
Distributions to:    
Common stockholders (12,005) (11,518)
Noncontrolling interests (4,148) (3,922)
Net cash provided by financing activities (11,340) (10,993)
Net decrease in cash and cash equivalents (3,122) (1,929)
Cash and cash equivalents, beginning of period 14,578 10,908
Cash and cash equivalents, end of period 11,456 8,979
Supplemental disclosure of cash flow information:    
Cash paid for interest 10,647 11,228
Increase in accrued real estate investments and development costs 10,048 1,438
Series D Cumulative Redeemable Preferred Stock    
Proceeds from the issuance of:    
Series D preferred stock 0 72,369
Distributions to:    
Preferred stockholders (1,148) 0
Series C Cumulative Preferred Stock    
Proceeds from the issuance of:    
Series C preferred stock redemption payment 0 (75,000)
Distributions to:    
Preferred stockholders $ (1,805) $ (3,823)