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Summary of Significant Accounting Policies (Tables)
3 Months Ended
Mar. 31, 2017
Accounting Policies [Abstract]  
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]
The following schedule summarizes the Company’s amortization of deferred expenses for the three months ended March 31, 2017 and 2016 (in thousands):
 
 
 
Three Months Ended
 
 
 
March 31, 2017
 
March 31, 2016
 
 
 
 
 
 
 
Credit Facility Financing Costs
 
$
99
 
$
53
 
Leasing Costs
 
$
40
 
$
22
 
Lease Intangibles
 
$
2,428
 
$
1,685
 
Total
 
$
2,567
 
$
1,760
 
 
The following schedule represents estimated future amortization of deferred expenses as of March 31, 2017 (in thousands):
 
Year Ending December 31,
 
2017
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(remaining)
 
2018
 
2019
 
2020
 
2021
 
Thereafter
 
Total
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Credit Facility Financing Costs
 
$
296
 
$
380
 
$
379
 
$
380
 
$
21
 
$
-
 
$
1,456
 
Leasing Costs
 
 
121
 
 
167
 
 
178
 
 
185
 
 
169
 
 
755
 
 
1,575
 
Lease Intangibles
 
 
7,616
 
 
9,876
 
 
9,422
 
 
9,158
 
 
8,874
 
 
65,004
 
 
109,950
 
Total
 
$
8,033
 
$
10,423
 
$
9,979
 
$
9,723
 
$
9,064
 
$
65,759
 
$
112,981
 
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
The following is a reconciliation of the denominator of the basic net earnings per common share computation to the denominator of the diluted net earnings per common share computation for each of the periods presented:
 
 
Three Months Ended
 
 
March 31, 2017
 
March 31, 2016
 
Weighted average number of common shares outstanding
 
26,182,994
 
 
20,666,806
 
Less: Unvested restricted stock
 
(229,897)
 
 
(228,077)
 
Weighted average number of common shares outstanding used in basic earnings per share
 
25,953,097
 
 
20,438,729
 
 
 
 
 
 
 
 
Weighted average number of common shares outstanding used in basic earnings per share
 
25,953,097
 
 
20,438,729
 
Effect of dilutive securities: restricted stock
 
56,023
 
 
41,411
 
Weighted average number of common shares outstanding used in diluted earnings per share
 
26,009,120
 
 
20,480,140