CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2020	Dec. 31, 2019	Jun. 30, 2019	Mar. 31, 2019
OPERATING ACTIVITIES:
Net income	$ 63,722	$ 12,631	$ 20,534	$ 20,427
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	9,669			9,607
Stock-based compensation expense	1,777			1,689
Gain on sale of real estate, net	(43,854)
Income from unconsolidated joint ventures	(231)			(1,085)
Income distributions from unconsolidated joint ventures	231			1,105
Straight-line rental income	(839)			(1,238)
Adjustment for collectability of rental income				1,926
Lease incentives funded	(13)
Amortization of lease incentives	101			87
Provision for doubtful accounts	1			83
Other non-cash items, net	256			252
Increase in interest receivable	(1,511)			(1,444)
(Decrease) increase in accrued interest payable	(1,480)			13
Net change in other assets and liabilities	(3,975)			(4,635)
Net cash provided by operating activities	23,854			26,787
INVESTING ACTIVITIES:
Investment in real estate properties	(13,581)			(15,971)
Investment in real estate developments	(4,854)			(6,957)
Investment in real estate capital improvements	(1,119)			(259)
Capitalized interest	(191)			(260)
Proceeds from sale of real estate, net	71,905			225
Investment in real estate mortgage loans receivable	(366)			(1,454)
Principal payments received on mortgage loans receivable	65			65
Investments in unconsolidated joint ventures	(58)			(293)
Proceeds from dissolution of unconsolidated joint ventures				3,400
Advances and originations under notes receivable	(141)			(6,953)
Principal payments received on notes receivable				41
Net cash provided by (used in) investing activities	51,660			(28,416)
FINANCING ACTIVITIES:
Bank borrowings	24,000			36,900
Repayment of bank borrowings	(28,000)			(2,000)
Principal payments on senior unsecured notes				(4,167)
Stock repurchase plan	(18,012)
Distributions paid to stockholders	(23,167)			(22,931)
Distributions paid to non-controlling interests	(146)			(90)
Other	(3,545)			(2,024)
Net cash (used in) provided by financing activities	(48,870)			5,688
Increase in cash, cash equivalents and restricted cash	26,644			4,059
Cash, cash equivalents and restricted cash, beginning of period	4,244		$ 8,823	4,764
Cash, cash equivalents and restricted cash, end of period	30,888	$ 4,244		8,823
Supplemental disclosure of cash flow information:
Interest paid	8,935			7,202
Non-cash investing and financing transactions:
Right of use asset				1,445
Lease liability				$ 1,445
Reclassified to lease incentives	$ 300