CONSOLIDATED BALANCE SHEETS - USD ($)	Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015
ASSETS
Real estate properties	$ 2,335,459,000	$ 2,113,073,000
Development	242,014,000	293,908,000
Real estate and development properties	2,577,473,000	2,406,981,000
Less accumulated depreciation	(749,601,000)	(694,250,000)
Real estate, net	1,827,872,000	1,712,731,000
Unconsolidated investment	8,029,000	7,681,000
Cash	16,000	522,000
Other assets	117,304,000	104,830,000
TOTAL ASSETS	1,953,221,000	1,825,764,000
LIABILITIES
Unsecured bank credit facilities	195,709,000	190,990,000
Unsecured debt	713,061,000	652,838,000
Secured debt	199,512,000	257,505,000
Accounts payable and accrued expenses	64,967,000	52,701,000
Other liabilities	28,842,000	29,864,000
Total Liabilities	1,202,091,000	1,183,898,000
Stockholders’ Equity:
Common shares; $.0001 par value; 70,000,000 shares authorized; 34,758,167 shares issued and outstanding at December 31, 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	1,061,153,000	949,318,000
Distributions in excess of earnings	(317,032,000)	(313,655,000)
Accumulated Other Comprehensive Income	5,348,000	1,995,000	$ (3,456,000)
Total Stockholders’ Equity	749,472,000	637,661,000
Noncontrolling interest in joint ventures	1,658,000	4,205,000
Total Equity	751,130,000	641,866,000	$ 559,201,000
TOTAL LIABILITIES AND EQUITY	$ 1,953,221,000	$ 1,825,764,000