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CONSOLIDATED BALANCE SHEETS - Unaudited - USD ($)
Mar. 31, 2018
Dec. 31, 2017
ASSETS    
Real estate properties $ 2,362,949,000 $ 2,336,734,000
Development 238,843,000 242,014,000
Real estate and development properties 2,601,792,000 2,578,748,000
Less accumulated depreciation (760,142,000) (749,601,000)
Real estate, net 1,841,650,000 1,829,147,000
Unconsolidated investment 7,865,000 8,029,000
Cash 37,000 16,000
Other Assets 113,233,000 116,029,000
TOTAL ASSETS 1,962,785,000 1,953,221,000
LIABILITIES    
Unsecured bank credit facilities 201,561,000 195,709,000
Unsecured debt 713,122,000 713,061,000
Secured debt 196,809,000 199,512,000
Accounts payable and accrued expenses 46,830,000 64,967,000
Other liabilities 29,787,000 28,842,000
Total Liabilities 1,188,109,000 1,202,091,000
Stockholders' Equity:    
Common shares; $.0001 par value; 70,000,000 shares authorized; 34,944,419 shares issued and outstanding at March 31, 2018 and 34,758,167 at December 31, 2017 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 1,074,798,000 1,061,153,000
Distributions in excess of earnings (310,707,000) (317,032,000)
Accumulated Other Comprehensive Income 8,954,000 5,348,000
Total Stockholders' Equity 773,048,000 749,472,000
Noncontrolling interest in joint ventures 1,628,000 1,658,000
Total Equity 774,676,000 751,130,000
TOTAL LIABILITIES AND EQUITY $ 1,962,785,000 $ 1,953,221,000