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Summary of Significant Accounting Policies (Tables)
 9 Months Ended
Sep. 30, 2018
Accounting Policies [Abstract]  
Schedule of Real Estate Properties [Table Text Block] Real estate held for sale consisted of the following as of September 30, 2018 and December 31, 2017 (in thousands):
 
 
 
September 30, 2018
 
 
December 31, 2017
 
 
 
 
 
 
 
 
Land
 
$
271
 
 
$
393
 
Buildings
 
 
1,087
 
 
 
1,857
 
Lease Intangibles (Asset)
 
 
290
 
 
 
557
 
 
 
 
1,648
 
 
 
2,807
 
Accumulated depreciation and amortization
 
 
(281
)
 
 
(387
)
Total Real Estate Held for Sale
 
$
1,367
 
 
$
2,420
 
Schedule of Amortization of Deferred Expenses [Table Text Block]
The following schedule summarizes the Company’s amortization of deferred expenses for the three and nine months ended September 30, 2018 and 2017 (in thousands):
 
 
 
Three Months Ended
 
 
Nine Months Ended
 
 
 
September 30, 2018
 
 
September 30, 2017
 
 
September 30, 2018
 
 
September 30, 2017
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Credit Facility Financing Costs
 
$
133
 
 
$
102
 
 
$
335
 
 
$
304
 
Leasing Costs
 
 
82
 
 
 
40
 
 
 
166
 
 
 
120
 
Lease Intangibles (Asset)
 
 
5,998
 
 
 
3,802
 
 
 
16,781
 
 
 
11,209
 
Lease Intangibles (Liability)
 
 
(1,083
)
 
 
(1,037
)
 
 
(3,168
)
 
 
(3,167
)
Total
 
$
5,130
 
 
$
2,907
 
 
$
14,114
 
 
$
8,466
 
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]
The following schedule represents estimated future amortization of deferred expenses as of September 30, 2018 (in thousands):
 
Year Ending December 31,
 
2018
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(remaining)
 
 
2019
 
 
2020
 
 
2021
 
 
2022
 
 
Thereafter
 
 
Total
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Credit Facility Financing Costs
 
$
142
 
 
$
556
 
 
$
541
 
 
$
28
 
 
$
-
 
 
$
-
 
 
$
1,267
 
Leasing Costs
 
 
76
 
 
 
276
 
 
 
302
 
 
 
293
 
 
 
285
 
 
 
1,350
 
 
 
2,582
 
Lease Intangibles (Asset)
 
 
6,822
 
 
 
25,643
 
 
 
25,493
 
 
 
24,815
 
 
 
23,737
 
 
 
164,096
 
 
 
270,606
 
Lease Intangibles (Liability)
 
 
(1,143
)
 
 
(4,291
)
 
 
(4,279
)
 
 
(3,993
)
 
 
(3,094
)
 
 
(10,828
)
 
 
(27,628
)
Total
 
$
5,897
 
 
$
22,184
 
 
$
22,057
 
 
$
21,143
 
 
$
20,928
 
 
$
154,618
 
 
$
246,827
 
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
 
 
Nine Months Ended
 
 
 
September 30, 2018
 
 
September 30, 2017
 
 
September 30, 2018
 
 
September 30, 2017
 
Weighted average number of common shares outstanding
 
 
31,969,749
 
 
 
28,792,158
 
 
 
31,342,354
 
 
 
27,207,725
 
Less: Unvested restricted stock
 
 
(210,824
)
 
 
(219,136
)
 
 
(210,824
)
 
 
(219,136
)
Weighted average number of common shares outstanding used in basic earnings per share
 
 
31,758,925
 
 
 
28,573,022
 
 
 
31,131,530
 
 
 
26,988,589
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Weighted average number of common shares outstanding used in basic earnings per share
 
 
31,758,925
 
 
 
28,573,022
 
 
 
31,131,530
 
 
 
26,988,589
 
Effect of dilutive securities: restricted stock
 
 
80,211
 
 
 
83,662
 
 
 
71,855
 
 
 
80,763
 
Effect of dilutive securities: March 2018 forward equity offering
 
 
439,761
 
 
 
-
 
 
 
265,048
 
 
 
-
 
Effect of dilutive securities: September 2018 forward equity offering
 
 
8,455
 
 
 
-
 
 
 
2,818
 
 
 
-
 
Weighted average number of common shares outstanding used in diluted earnings per share
 
 
32,287,352
 
 
 
28,656,684
 
 
 
31,471,251
 
 
 
27,069,352
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Operating Partnership Units ("OP Units")
 
 
347,619
 
 
 
347,619
 
 
 
347,619
 
 
 
347,619
 
Weighted average number of common shares and OP Units outstanding used in diluted earnings per share
 
 
32,634,971
 
 
 
29,004,303
 
 
 
31,818,870
 
 
 
27,416,971