CONSOLIDATED BALANCE SHEETS (USD $) In Thousands, unless otherwise specified	Dec. 31, 2012	Dec. 31, 2011
ASSETS
Real estate properties	$ 1,619,777	$ 1,550,444
Development	148,255	112,149
Real estate and development properties	1,768,032	1,662,593
Less accumulated depreciation	(496,247)	(451,805)
Real estate, net	1,271,785	1,210,788
Unconsolidated investment	2,743	2,757
Cash	1,258	174
Other assets	78,316	72,797
TOTAL ASSETS	1,354,102	1,286,516
LIABILITIES
Mortgage notes payable	607,766	628,170
Unsecured term loans payable	130,000	50,000
Notes payable to banks	76,160	154,516
Accounts payable and accrued expenses	28,914	31,205
Other liabilities	20,086	17,016
Total Liabilities	862,926	880,907
Stockholders’ Equity:
Common shares; $.0001 par value; 70,000,000 shares authorized; 29,928,490 shares issued and outstanding at December 31, 2012 and 27,658,059 at December 31, 2011	3	3
Excess shares; $.0001 par value; 30,000,000 shares authorized; no shares issued	0	0
Additional paid-in capital on common shares	731,950	619,386
Distributions in excess of earnings	(245,249)	(216,560)
Accumulated other comprehensive loss	(392)	0
Total Stockholders’ Equity	486,312	402,829
Noncontrolling interest in joint ventures	4,864	2,780
Total Equity	491,176	405,609
TOTAL LIABILITIES AND EQUITY	$ 1,354,102	$ 1,286,516