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CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
ASSETS      
Real estate properties $ 2,113,073,000 $ 2,049,007,000  
Development 293,908,000 170,441,000  
Real estate and development properties 2,406,981,000 2,219,448,000  
Less accumulated depreciation 694,250,000 657,454,000  
Real estate, net 1,712,731,000 1,561,994,000  
Unconsolidated investment 7,681,000 8,004,000  
Cash 522,000 48,000  
Other assets 104,830,000 91,858,000  
TOTAL ASSETS 1,825,764,000 1,661,904,000  
LIABILITIES      
Unsecured bank credit facilities 190,990,000 149,414,000  
Unsecured debt 652,838,000 528,210,000  
Secured debt 257,505,000 350,285,000  
Accounts payable and accrued expenses 52,701,000 44,181,000  
Other liabilities 29,864,000 30,613,000  
Total Liabilities 1,183,898,000 1,102,703,000  
Stockholders’ Equity:      
Common shares; $.0001 par value; 70,000,000 shares authorized; 33,332,213 shares issued and outstanding at December 31, 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 949,318,000 887,207,000  
Distributions in excess of earnings (313,655,000) (328,892,000)  
Accumulated Other Comprehensive Income (Loss) 1,995,000 (3,456,000) $ (2,357,000)
Total Stockholders’ Equity 637,661,000 554,862,000  
Noncontrolling interest in joint ventures 4,205,000 4,339,000  
Total Equity 641,866,000 559,201,000 $ 575,615,000
TOTAL LIABILITIES AND EQUITY $ 1,825,764,000 $ 1,661,904,000