CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
ASSETS
Land and land improvements	$ 125,408	$ 125,338
Building and improvements	789,974	763,003
Construction in progress	6,277	8,361
Real estate investments	921,659	896,702
Less accumulated depreciation	(191,016)	(179,155)
Real estate investments, net	730,643	717,547
Cash and cash equivalents	20,464	51,507
Restricted deposits	9,267	9,149
Investment in securities	42,062
Investment in unconsolidated affiliates	26,176	18,658
Notes receivable	7,749	7,457
Lease intangible assets, less accumulated amortization	5,556	6,246
Other assets, net	25,868	10,302
Total Assets	867,785	820,866
LIABILITIES
Mortgage notes payable, net	511,990	493,142
Dividends payable	8,451	7,567
Tenant security deposits payable	6,305	5,225
Lease intangible liabilities, less accumulated amortization	684	811
Accrued expenses and other liabilities	14,778	18,604
Total Liabilities	542,208	525,349
COMMITMENTS and CONTINGENCIES - Note 13
SHAREHOLDERS' EQUITY
Beneficial interest	122,821	116,856
Operating partnership	185,758	176,954
Partially owned properties	2,642	2,657
Accumulated other comprehensive income (loss)	14,356	(950)
Total Shareholders' Equity	325,577	295,517
Total liabilities and shareholders' equity	$ 867,785	$ 820,866