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CONSOLIDATED BALANCE SHEETS - Unaudited - USD ($)
Sep. 30, 2017
Dec. 31, 2016
ASSETS    
Real estate properties $ 2,306,017,000 $ 2,113,073,000
Development 204,197,000 293,908,000
Real estate and development properties 2,510,214,000 2,406,981,000
Less accumulated depreciation (732,566,000) (694,250,000)
Real estate, net 1,777,648,000 1,712,731,000
Unconsolidated investment 7,836,000 7,681,000
Cash 10,000 522,000
Other Assets 108,499,000 104,830,000
TOTAL ASSETS 1,893,993,000 1,825,764,000
LIABILITIES    
Unsecured bank credit facilities 216,643,000 190,990,000
Unsecured debt 653,178,000 652,838,000
Secured debt 202,178,000 257,505,000
Accounts payable and accrued expenses 66,830,000 52,701,000
Other liabilities 28,990,000 29,864,000
Total Liabilities 1,167,819,000 1,183,898,000
Stockholders' Equity:    
Common shares; $.0001 par value; 70,000,000 shares authorized; 34,424,668 shares issued and outstanding at September 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 1,031,592,000 949,318,000
Distributions in excess of earnings (312,392,000) (313,655,000)
Accumulated Other Comprehensive Income 2,645,000 1,995,000
Total Stockholders' Equity 721,848,000 637,661,000
Noncontrolling interest in joint ventures 4,326,000 4,205,000
Total Equity 726,174,000 641,866,000
TOTAL LIABILITIES AND EQUITY $ 1,893,993,000 $ 1,825,764,000