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CONSOLIDATED BALANCE SHEETS (USD $)
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
ASSETS      
Real estate properties $ 1,778,559,000 $ 1,619,777,000  
Development 148,767,000 148,255,000  
Real estate and development properties 1,927,326,000 1,768,032,000  
Less accumulated depreciation (550,113,000) (496,247,000)  
Real estate, net 1,377,213,000 1,271,785,000  
Unconsolidated investment 2,764,000 2,743,000  
Cash 8,000 1,258,000  
Other assets 93,427,000 78,316,000  
TOTAL ASSETS 1,473,412,000 1,354,102,000  
LIABILITIES      
Secured debt 499,793,000 607,766,000  
Unsecured debt 305,000,000 130,000,000  
Unsecured bank credit facilities 88,952,000 76,160,000  
Accounts payable and accrued expenses 37,104,000 28,914,000  
Other liabilities 23,858,000 20,086,000  
Total Liabilities 954,707,000 862,926,000  
Stockholders’ Equity:      
Common shares; $.0001 par value; 70,000,000 shares authorized; 30,937,225 shares issued and outstanding at December 31, 2013 and 29,928,490 at December 31, 2012 3,000 3,000  
Excess shares; $.0001 par value; 30,000,000 shares authorized; no shares issued 0 0  
Additional paid-in capital on common shares 790,535,000 731,950,000  
Distributions in excess of earnings (278,169,000) (245,249,000)  
Accumulated other comprehensive income (loss) 1,629,000 (392,000) 0
Total Stockholders’ Equity 513,998,000 486,312,000  
Noncontrolling interest in joint ventures 4,707,000 4,864,000  
Total Equity 518,705,000 491,176,000 405,609,000
TOTAL LIABILITIES AND EQUITY $ 1,473,412,000 $ 1,354,102,000