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CONSOLIDATED BALANCE SHEETS - Unaudited - USD ($)
Sep. 30, 2016
Dec. 31, 2015
ASSETS    
Real estate properties $ 2,089,680,000 $ 2,049,007,000
Development 206,820,000 170,441,000
Real estate and development properties 2,296,500,000 2,219,448,000
Less accumulated depreciation (679,948,000) (657,454,000)
Real estate, net 1,616,552,000 1,561,994,000
Unconsolidated investment 7,707,000 8,004,000
Cash 33,000 48,000
Other Assets 94,151,000 91,858,000
TOTAL ASSETS 1,718,443,000 1,661,904,000
LIABILITIES    
Secured debt 260,910,000 350,285,000
Unsecured debt 553,035,000 528,210,000
Unsecured bank credit facilities 205,451,000 149,414,000
Accounts payable and accrued expenses 56,045,000 44,181,000
Other liabilities 37,972,000 30,613,000
Total Liabilities 1,113,413,000 1,102,703,000
Stockholders' Equity:    
Common shares; $.0001 par value; 70,000,000 shares authorized; 32,904,064 shares issued and outstanding at September 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 918,807,000 887,207,000
Distributions in excess of earnings (308,298,000) (328,892,000)
Accumulated Other Comprehensive Loss (9,709,000) (3,456,000)
Total Stockholders' Equity 600,803,000 554,862,000
Noncontrolling interest in joint ventures 4,227,000 4,339,000
Total Equity 605,030,000 559,201,000
TOTAL LIABILITIES AND EQUITY $ 1,718,443,000 $ 1,661,904,000