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CONSOLIDATED BALANCE SHEETS - Unaudited - USD ($)
Jun. 30, 2016
Dec. 31, 2015
ASSETS    
Real estate properties $ 2,043,034,000 $ 2,049,007,000
Development 166,758,000 170,441,000
Real estate and development properties 2,209,792,000 2,219,448,000
Less accumulated depreciation (664,093,000) (657,454,000)
Real estate, net 1,545,699,000 1,561,994,000
Real estate assets held for sale 3,232,000 0
Unconsolidated investment 7,807,000 8,004,000
Cash 10,000 48,000
Other Assets 98,100,000 91,858,000
TOTAL ASSETS 1,654,848,000 1,661,904,000
LIABILITIES    
Secured debt 340,730,000 350,285,000
Unsecured debt 592,674,000 528,210,000
Unsecured bank credit facilities 35,093,000 149,414,000
Accounts payable and accrued expenses 41,559,000 44,181,000
Other liabilities 37,303,000 30,613,000
Total Liabilities 1,047,359,000 1,102,703,000
Stockholders' Equity:    
Common shares; $.0001 par value; 70,000,000 shares authorized; 32,888,048 shares issued and outstanding at June 30, 2016 and 32,421,460 at December 31, 2015 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 918,043,000 887,207,000
Distributions in excess of earnings (302,540,000) (328,892,000)
Accumulated Other Comprehensive Loss (12,315,000) (3,456,000)
Total Stockholders' Equity 603,191,000 554,862,000
Noncontrolling interest in joint ventures 4,298,000 4,339,000
Total Equity 607,489,000 559,201,000
TOTAL LIABILITIES AND EQUITY $ 1,654,848,000 $ 1,661,904,000