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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2018
Mar. 31, 2018
Dec. 31, 2017
Sep. 30, 2017
Mar. 31, 2017
Sep. 30, 2018
Sep. 30, 2017
Dec. 31, 2017
OPERATING ACTIVITIES:                
Net income $ 34,937,000 $ 20,359,000 $ 19,834,000 $ 20,616,000 $ 21,513,000 $ 124,232,000 $ 67,506,000  
Adjustments to reconcile net income to net cash provided by operating activities:                
Depreciation and amortization           28,159,000 28,186,000  
Stock-based compensation expense           4,384,000 3,967,000  
Impairment charges             1,880,000  
Gain on sale of real estate, net (14,353,000)         (62,698,000) (5,054,000)  
Income from unconsolidated joint ventures (746,000)     (615,000)   (2,103,000) (1,635,000)  
Income distributions from unconsolidated joint ventures           1,727,000 1,236,000  
Insurance proceeds for damaged property           2,619,000    
Payment for remediation of damaged property           (455,000)    
Straight-line rental income           (8,629,000) (7,362,000)  
Lease incentives funded           (1,272,000) (5,713,000)  
Amortization of lease incentives           1,651,000 1,681,000  
Provision for doubtful accounts 106,000     (96,000)   76,000 (139,000)  
Non-cash interest related to contingent liabilities           377,000 476,000  
Non-cash income related to earn-out and related lease inducement write-off             (842,000)  
Other non-cash items, net           923,000 958,000  
Increase in interest receivable           (4,240,000) (3,967,000)  
Decrease in accrued interest payable           (1,808,000) (567,000)  
Net change in other assets and liabilities           495,000 (4,477,000)  
Net cash provided by operating activities           83,438,000 76,134,000  
INVESTING ACTIVITIES:                
Investment in real estate properties           (40,408,000) (54,804,000)  
Investment in real estate developments           (25,717,000) (13,939,000)  
Investment in real estate capital improvements           (2,063,000) (2,308,000)  
Capitalized interest           (850,000) (627,000)  
Proceeds from sale of real estate, net           82,340,000 14,106,000  
Investment in real estate mortgage loans receivable           (20,530,000) (9,333,000)  
Principal payments received on mortgage loans receivable           1,636,000 17,351,000  
Investments in unconsolidated joint ventures           (580,000) (3,847,000)  
Payment of working capital reserve             (439,000)  
Advances and originations under notes receivable           (50,000)    
Principal payments received on notes receivable           3,848,000 25,000  
Net cash used in investing activities           (2,374,000) (53,815,000)  
FINANCING ACTIVITIES:                
Bank borrowings           96,500,000 64,500,000  
Repayment of bank borrowings           (73,000,000) (116,600,000)  
Proceeds from issuance of senior unsecured notes             100,000,000  
Principal payments on senior unsecured notes           (20,166,000) (19,167,000)  
Proceeds from common stock issued           1,005,000 14,578,000  
Stock option exercises           123,000 202,000  
Distributions paid to stockholders           (67,768,000) (67,664,000)  
Contribution from non-controlling interests           3,963,000    
Financing costs paid           (3,162,000) (363,000)  
Other           (1,201,000) (1,954,000)  
Net cash used in financing activities           (63,706,000) (26,468,000)  
Increase (decrease) in cash, cash equivalents and restricted cash           17,358,000 (4,149,000)  
Cash, cash equivalents and restricted cash, beginning of period   $ 5,213,000 3,842,000   $ 7,991,000 5,213,000 7,991,000 $ 7,991,000
Cash, cash equivalents and restricted cash, end of period $ 22,571,000   $ 5,213,000 $ 3,842,000   22,571,000 3,842,000 $ 5,213,000
Supplemental disclosure of cash flow information:                
Interest paid           $ 23,869,000 $ 21,877,000