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Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2014
Dec. 31, 2013
Real estate investments:    
Income producing property $ 499,661 $ 406,239
Held for development      
Construction in progress 93,946 56,737
Gross real estate investments 593,607 462,976
Accumulated depreciation (115,839) (105,228)
Net real estate investments 477,768 357,748
Cash and cash equivalents 17,101 18,882
Restricted cash 4,425 2,160
Accounts receivable, net 20,307 18,272
Construction receivables, including retentions 15,285 12,633
Construction contract costs and estimated earnings in excess of billings 40 1,178
Other assets 32,409 24,409
Total Assets 567,335 435,282
LIABILITIES AND EQUITY    
Indebtedness 335,792 277,745
Accounts payable and accrued liabilities 7,569 6,463
Construction payables, including retentions 39,820 28,139
Billings in excess of construction contract costs and estimated earnings 3,420 1,541
Other liabilities 17,979 15,873
Total Liabilities 404,580 329,761
Stockholders' equity:    
Common stock, $0.01 par value, 500,000,000 shares authorized, 25,018,733 and 19,163,413 shares issued and outstanding as of September 30, 2014 and December 31, 2013, respectively 250 192
Additional paid-in capital 51,179 1,247
Distributions in excess of earnings (53,695) (47,934)
Total stockholders' deficit (2,266) (46,495)
Noncontrolling interests 165,021 152,016
Total Equity 162,755 105,521
Total Liabilities and Equity $ 567,335 $ 435,282