CONSOLIDATED BALANCE SHEETS - Unaudited - USD ($)	Jun. 30, 2017	Dec. 31, 2016
ASSETS
Real estate properties	$ 2,272,823,000	$ 2,113,073,000
Development	197,205,000	293,908,000
Real estate and development properties	2,470,028,000	2,406,981,000
Less accumulated depreciation	(715,254,000)	(694,250,000)
Real estate, net	1,754,774,000	1,712,731,000
Unconsolidated investment	7,643,000	7,681,000
Cash	78,000	522,000
Other Assets	108,220,000	104,830,000
TOTAL ASSETS	1,870,715,000	1,825,764,000
LIABILITIES
Unsecured bank credit facilities	167,207,000	190,990,000
Unsecured debt	653,065,000	652,838,000
Secured debt	250,486,000	257,505,000
Accounts payable and accrued expenses	48,900,000	52,701,000
Other liabilities	30,211,000	29,864,000
Total Liabilities	1,149,869,000	1,183,898,000
Stockholders' Equity:
Common shares; $.0001 par value; 70,000,000 shares authorized; 34,306,582 shares issued and outstanding at June 30, 2017 and 33,332,213 at December 31, 2016	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	1,020,306,000	949,318,000
Distributions in excess of earnings	(306,216,000)	(313,655,000)
Accumulated Other Comprehensive Income	2,421,000	1,995,000
Total Stockholders' Equity	716,514,000	637,661,000
Noncontrolling interest in joint ventures	4,332,000	4,205,000
Total Equity	720,846,000	641,866,000
TOTAL LIABILITIES AND EQUITY	$ 1,870,715,000	$ 1,825,764,000