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CONSOLIDATED BALANCE SHEETS - Unaudited - USD ($)
Sep. 30, 2015
Dec. 31, 2014
ASSETS    
Real estate properties $ 1,960,171,000 $ 1,894,973,000
Development 204,981,000 179,973,000
Real estate and development properties 2,165,152,000 2,074,946,000
Less accumulated depreciation (642,142,000) (600,526,000)
Real estate, net 1,523,010,000 1,474,420,000
Unconsolidated investment 7,947,000 7,884,000
Cash 342,000 11,000
Other Assets 88,609,000 93,509,000
TOTAL ASSETS 1,619,908,000 1,575,824,000
LIABILITIES    
Secured debt 380,715,000 453,776,000
Unsecured debt 455,000,000 380,000,000
Unsecured bank credit facilities 143,146,000 99,401,000
Accounts payable and accrued expenses 47,872,000 39,439,000
Other liabilities 31,310,000 27,593,000
Total Liabilities 1,058,043,000 1,000,209,000
Stockholders' Equity:    
Common shares; $.0001 par value; 70,000,000 shares authorized; 32,420,315 shares issued and outstanding at September 30, 2015 and 32,232,587 at December 31, 2014 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 885,285,000 874,335,000
Distributions in excess of earnings (320,876,000) (300,852,000)
Accumulated Other Comprehensive Loss (6,910,000) (2,357,000)
Total Stockholders' Equity 557,502,000 571,129,000
Noncontrolling interest in joint ventures 4,363,000 4,486,000
Total Equity 561,865,000 575,615,000
TOTAL LIABILITIES AND EQUITY $ 1,619,908,000 $ 1,575,824,000