CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $) In Thousands, unless otherwise specified	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$ 2,732	$ 11,217
Adjustments to reconcile net income to net cash provided by operating activities:
Deferred rent, and amortization of intangible assets, liabilities and lease inducements	(1,433)	(550)
Depreciation and amortization	19,128	16,629
Bargain purchase gain		(4,918)
Straight line rent, below-market ground lease and amortization of intangible assets	482	467
Amortization of deferred loan costs	739	326
Amortization of premiums and discounts on debt	(232)	(206)
Unrealized premium adjustment	258
Amortization and accretion on loans receivable, net	(489)	(313)
Bad debt expense	651	118
Deferred income taxes	(30)
Stock-based compensation	366
Loans funded, held for sale	(5,600)	(1,193)
Proceeds from sale of guaranteed loans	6,879
Principal collected on loans	223	89
Other operating activity	134	8
Changes in operating assets and liabilities:
Accounts receivable and interest receivable	(1,225)	(22)
Other assets	(9,690)	(2,269)
Accounts payable and accrued expenses	(2,081)	(5,894)
Deferred leasing costs	(1,588)	(2,724)
Other liabilities	(546)	367
Due to related parties	1,283	896
Net cash provided by operating activities	9,961	12,028
CASH FLOWS FROM INVESTING ACTIVITIES:
Additions to investments in real estate	(6,881)	(7,225)
Loans funded	(21,803)	(400)
Cash and cash equivalents acquired in connection with the merger		3,185
Principal collected on loans	6,888	2,154
Restricted cash	1,985	1,128
Other investing activity	95	22
Net cash used in investing activities	(19,716)	(1,136)
CASH FLOWS FROM FINANCING ACTIVITIES:
Payment of mortgages payable	(1,707)	(1,603)
Proceeds from unsecured credit facilities, revolving credit facility and term note, net	35,000	76,700
Payment of principal on secured borrowings - government guaranteed loans	(223)	(89)
Payment of deferred loan costs	(34)	(225)
Payment of dividends	(21,346)	(2,946)
Payment of special dividend and dividend assumed in acquisition		(59,286)
Distributions pre-merger		(16,100)
Contributions from noncontrolling interests	110
Noncontrolling interests' distributions	(32)	(33)
Net cash provided by (used in) financing activities	11,768	(3,582)
Cash balances included in assets held for sale	(9,183)	(7,453)
NET DECREASE IN CASH AND CASH EQUIVALENTS	(7,170)	(143)
CASH AND CASH EQUIVALENTS:
Beginning of period	27,552	16,796
End of period	20,382	16,653
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION
Cash paid during the period for interest	5,174	4,742
Federal income taxes paid	30
SUPPLEMENTAL DISCLOSURES OF NONCASH INVESTING AND FINANCING ACTIVITIES:
Additions to investments in real estate included in accounts payable and accrued expenses	5,483	3,018
Additions to deferred loan costs included in accounts payable and accrued expenses	$ 33	$ 55