Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands		3 Months Ended
		Mar. 31, 2019	Mar. 31, 2018
OPERATING ACTIVITIES
Net income		$ 6,514	$ 6,983
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation of buildings and tenant improvements		7,743	6,773
Amortization of leasing costs and in-place lease intangibles		2,161	2,505
Accrued straight-line rental revenue		(837)	(562)
Amortization of leasing incentives and above or below-market rents		(35)	(56)
Accrued straight-line ground rent expense		(3)	84
Adjustment for uncollectable accounts		128	52
Noncash stock compensation		689	549
Noncash interest expense		304	326
Adjustment for Annapolis Junction purchase option	[1]	(1,118)	0
Change in fair value of interest rate derivatives		1,463	(969)
Equity in income of unconsolidated real estate entities		(273)	0
Changes in operating assets and liabilities:
Property assets		2,591	1,771
Property liabilities		(139)	(3,484)
Construction assets		(502)	3,482
Construction liabilities		579	(11,183)
Interest receivable		(3,186)	(2,221)
Net cash provided by operating activities		16,079	4,050
INVESTING ACTIVITIES
Development of real estate investments		(41,296)	(26,438)
Tenant and building improvements		(3,629)	(2,246)
Acquisitions of real estate investments, net of cash received		(25,792)	(33,368)
Notes receivable issuances		(9,668)	(3,386)
Notes receivable paydowns		1,692	0
Leasing costs		(575)	(680)
Contributions to equity method investments		(535)	(1,410)
Net cash used for investing activities		(79,803)	(67,528)
FINANCING ACTIVITIES
Proceeds from sales of common stock		30,609	0
Offering costs		(403)	0
Common shares tendered for tax withholding		(344)	(343)
Debt issuances, credit facility and construction loan borrowings		100,327	111,498
Debt and credit facility repayments, including principal amortization		(57,690)	(39,273)
Debt issuance costs		(420)	(201)
Redemption of operating partnership units		0	(5)
Dividends and distributions		(13,447)	(11,808)
Net cash provided by financing activities		58,632	59,868
Net decrease in cash and cash equivalents		(5,092)	(3,610)
Cash, cash equivalents, and restricted cash, beginning of period		24,051	22,916
Cash, cash equivalents, and restricted cash, end of period	[2]	18,959	19,306
Supplemental Disclosures (noncash transactions):
Increase in dividends payable		1,130	744
Decrease in accrued capital improvements and development costs		(7,609)	(4,434)
Issuance of operating partnership units for acquisitions		0	1,702
Operating Partnership units redeemed for common shares		1,260	1,804
Equity method investment redeemed for real estate acquisition		$ 23,011	$ 0

[1] See the audited consolidated financial statements of the Company included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2018. Borrower paid $5.0 million in exchange for the Company's purchase option. Recognition of income was initially deferrred and is being recognized as additional interest income on the note receivable over the one-year remaining term.

[2] The following table provides a reconciliation of cash, cash equivalents and restricted cash reported in the Condensed Consolidated Statements of Cash Flows (in thousands): March 31, 2019 March 31, 2018Cash and cash equivalents $15,577 $15,804Restricted cash (3) 3,382 3,502Cash, cash equivalents, and restricted cash $18,959 $19,306