Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
Real estate investments:
Income producing property	$ 1,465,882	$ 1,460,723
Held for development	13,607	5,000
Construction in progress	155,672	140,601
Gross real estate investments	1,635,161	1,606,324
Accumulated depreciation	(235,249)	(224,738)
Net real estate investments	1,399,912	1,381,586
Real estate investments held for sale	0	1,460
Cash and cash equivalents	48,096	39,232
Restricted cash	4,692	4,347
Accounts receivable, net	22,831	23,470
Notes receivable, net	178,652	159,371
Construction receivables, including retentions, net	35,051	36,361
Construction contract costs and estimated earnings in excess of billings, net	458	249
Operating lease right-of-use assets	32,997	33,088
Finance lease right-of-use assets	23,983	24,130
Acquired lease intangible assets, net	65,014	68,702
Other assets	34,404	32,901
Total Assets	1,846,090	1,804,897
LIABILITIES AND EQUITY
Indebtedness, net	1,006,617	950,537
Accounts payable and accrued liabilities	15,768	17,803
Construction payables, including retentions	50,161	53,382
Billings in excess of construction contract costs and estimated earnings	6,311	5,306
Operating lease liabilities	41,512	41,474
Finance lease liabilities	17,916	17,903
Other liabilities	69,404	63,045
Total Liabilities	1,207,689	1,149,450
Stockholders’ equity:
Preferred stock, $0.01 par value, 100,000,000 shares authorized: 6.75% Series A Cumulative Redeemable Perpetual Preferred Stock, 2,930,000 shares authorized, 2,530,000 shares issued and outstanding as of March 31, 2020 and December 31, 2019	63,250	63,250
Common stock, $0.01 par value, 500,000,000 shares authorized; 56,492,134 and 56,277,971 shares issued and outstanding as of March 31, 2020 and December 31, 2019, respectively	565	563
Additional paid-in capital	457,804	455,680
Distributions in excess of earnings	(115,390)	(106,676)
Accumulated other comprehensive loss	(9,393)	(4,240)
Total stockholders’ equity	396,836	408,577
Noncontrolling interests in investment entities	4,370	4,462
Noncontrolling interests in Operating Partnership	237,195	242,408
Total Equity	638,401	655,447
Total Liabilities and Equity	$ 1,846,090	$ 1,804,897