CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$ 7,714	$ 19,731
Adjustments to reconcile net income to net cash provided by operating activities:
Deferred rent and amortization of intangible assets, liabilities and lease inducements	(2,893)	(1,874)
Depreciation and amortization	36,694	33,915
Bargain purchase gain		(4,918)
Straight line rent, below-market ground lease and amortization of intangible assets	1,000	933
Amortization of deferred loan costs	1,538	652
Amortization of premiums and discounts on debt	(634)	(562)
Unrealized premium adjustment	727	782
Amortization and accretion on loans receivable, net	(2,234)	(1,837)
Bad debt expense	982	126
Deferred income taxes	(26)	55
Stock-based compensation	717	373
Loans funded, held for sale to secondary market	(16,438)	(16,753)
Proceeds from sale of guaranteed loans	17,365	12,999
Principal collected on loans	2,365	2,071
Other operating activity	(192)	(300)
Changes in operating assets and liabilities:
Accounts receivable and interest receivable	(2,045)	(58)
Other assets	(1,681)	(2,151)
Accounts payable and accrued expenses	(3,956)	(6,287)
Deferred leasing costs	(2,926)	(4,542)
Other liabilities	352	2,232
Due to related parties	621	2,083
Net cash provided by operating activities	37,050	36,670
CASH FLOWS FROM INVESTING ACTIVITIES:
Additions to investments in real estate	(14,074)	(12,903)
Acquisition of real estate properties		(44,936)
Loans funded	(24,683)	(8,438)
Cash and cash equivalents acquired in connection with the merger		3,185
Principal collected on loans	13,058	25,348
Restricted cash	1,200	(536)
Other investing activity	184	160
Net cash used in investing activities	(24,315)	(38,120)
CASH FLOWS FROM FINANCING ACTIVITIES:
Payment of mortgages payable	(15,692)	(3,194)
Proceeds from unsecured credit facilities, revolving credit facility and term note, net	55,000	110,000
Payment of principal on secured borrowings - government guaranteed loans	(2,365)	(2,071)
Proceeds from secured borrowings - government guaranteed loans		1,978
Payment of deferred loan costs	(3,415)	(447)
Payment of dividends	(42,693)	(26,256)
Payment of special dividend and dividend assumed in acquisition		(59,286)
Distributions pre-merger		(16,100)
Contributions from noncontrolling interests	110	10
Proceeds from issuance of stock		201
Retirement of fractional shares of common shares		(3)
Noncontrolling interests' distributions	(38)	(148)
Net cash (used in) provided by financing activities	(9,093)	4,684
Change in Cash balances included in assets held for sale	1,295	(2,593)
NET INCREASE IN CASH AND CASH EQUIVALENTS	4,937	641
CASH AND CASH EQUIVALENTS:
Beginning of period	17,615	16,796
End of period	22,552	17,437
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION
Cash paid during the period for interest	10,520	9,055
Federal income taxes paid	505	334
SUPPLEMENTAL DISCLOSURES OF NONCASH INVESTING AND FINANCING ACTIVITIES:
Additions to investments in real estate included in accounts payable and accrued expenses	5,115	3,168
Additions to investments in real estate included in other assets	4,244
Additions to deferred loan costs included in accounts payable and accrued expenses	$ 67	$ 120