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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Dec. 31, 2017
Cash Flows from Operating Activities          
Net income $ 15,756 $ 12,283 $ 45,460 $ 42,119  
Adjustments to reconcile net income to net cash provided by operating activities:          
Depreciation     17,808 14,366  
Amortization     13,935 8,590  
Amortization from financing and credit facility costs     768 730  
Stock-based compensation     2,171 1,748  
Provision for impairment 488 0 1,651 0  
(Gain) loss on sale of assets     (10,949) (10,045)  
(Increase) decrease in accounts receivable     (5,122) (4,192)  
(Increase) decrease in other assets     (934) (148)  
Increase (decrease) in accounts payable and accrued expenses     923 1,837  
Increase (decrease) in deferred revenue     (758) (371)  
Increase (decrease) in accrued interest     (706) 549  
Increase (decrease) in tenant deposits     5 2  
Net Cash Provided by Operating Activities     64,252 55,185  
Cash Flows from Investing Activities          
Acquisition of real estate investments and other assets     (352,085) (241,132)  
Development of real estate investments and other assets (including capitalized interest of $381 in 2018 and $297 in 2017)     (17,390) (27,240)  
Payment of leasing costs     (1,191) (544)  
Net proceeds from sale of assets     60,038 29,414  
Net Cash Used In Investing Activities     (310,628) (239,502)  
Cash Flows from Financing Activities          
Proceeds from common stock offerings, net     159,604 136,733  
Repurchase of common shares     (1,142) (1,108)  
Unsecured revolving credit facility borrowings     260,000 184,000  
Unsecured revolving credit facility repayments     (260,000) (198,000)  
Payments of mortgage notes payable     (26,915) (1,794)  
Payments of unsecured term loans     (571) (549)  
Senior unsecured notes proceeds     125,000 100,000  
Dividends paid     (49,018) (40,392)  
Distributions to Non-Controlling Interest     (549) (520)  
Payments for financing costs     (568) (159)  
Net Cash Provided by Financing Activities     205,841 178,211  
Net Increase (Decrease) in Cash and Cash Equivalents     (40,535) (6,106)  
Cash and cash equivalents and restricted deposits, beginning of period     58,782 33,395 $ 33,395
Cash and cash equivalents and restricted deposits, end of period $ 18,247 $ 27,289 18,247 27,289 $ 58,782
Supplemental Disclosure of Cash Flow Information          
Cash paid for interest (net of amounts capitalized)     18,944 12,658  
Cash paid (refunded) for income tax     387 0  
Supplemental Disclosure of Non-Cash Investing and Financing Activities          
Shares issued under equity incentive plans (in dollars)     2,381 3,022  
Dividends and limited partners' distributions declared and unpaid     $ 18,808 $ 14,930