CONSOLIDATED BALANCE SHEETS - USD ($)	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
ASSETS
Real estate properties	$ 2,049,007,000	$ 1,894,973,000
Development	170,441,000	179,973,000
Real estate and development properties	2,219,448,000	2,074,946,000
Less accumulated depreciation	(657,454,000)	(600,526,000)
Real estate, net	1,561,994,000	1,474,420,000
Unconsolidated investment	8,004,000	7,884,000
Cash	48,000	11,000
Other assets	96,186,000	93,509,000
TOTAL ASSETS	1,666,232,000	1,575,824,000
LIABILITIES
Secured debt	351,401,000	453,776,000
Unsecured debt	530,000,000	380,000,000
Unsecured bank credit facilities	150,836,000	99,401,000
Accounts payable and accrued expenses	44,181,000	39,439,000
Other liabilities	30,613,000	27,593,000
Total Liabilities	1,107,031,000	1,000,209,000
Stockholders’ Equity:
Common shares; $.0001 par value; 70,000,000 shares authorized; 32,421,460 shares issued and outstanding at December 31, 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	887,207,000	874,335,000
Distributions in excess of earnings	(328,892,000)	(300,852,000)
Accumulated Other Comprehensive Income (Loss)	(3,456,000)	(2,357,000)	$ 1,629,000
Total Stockholders’ Equity	554,862,000	571,129,000
Noncontrolling interest in joint ventures	4,339,000	4,486,000
Total Equity	559,201,000	575,615,000	$ 518,705,000
TOTAL LIABILITIES AND EQUITY	$ 1,666,232,000	$ 1,575,824,000