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CONSOLIDATED BALANCE SHEETS - Unaudited - USD ($)
Jun. 30, 2018
Dec. 31, 2017
ASSETS    
Real estate properties $ 2,457,405,000 $ 2,336,734,000
Development and value-add properties 211,575,000 242,014,000
Real estate, development and value-add properties 2,668,980,000 2,578,748,000
Less accumulated depreciation (778,676,000) (749,601,000)
Real estate, net 1,890,304,000 1,829,147,000
Unconsolidated investment 7,852,000 8,029,000
Cash 252,000 16,000
Other Assets 123,318,000 116,029,000
TOTAL ASSETS 2,021,726,000 1,953,221,000
LIABILITIES    
Unsecured bank credit facilities 176,958,000 195,709,000
Unsecured debt 723,171,000 713,061,000
Secured debt 194,069,000 199,512,000
Accounts payable and accrued expenses 56,350,000 64,967,000
Other liabilities 30,477,000 28,842,000
Total Liabilities 1,181,025,000 1,202,091,000
Stockholders' Equity:    
Common shares; $.0001 par value; 70,000,000 shares authorized; 35,724,053 shares issued and outstanding at June 30, 2018 and 34,758,167 at December 31, 2017 4,000 3,000
Excess shares; $.0001 par value; 30,000,000 shares authorized; no shares issued 0 0
Additional paid-in capital 1,144,290,000 1,061,153,000
Distributions in excess of earnings (315,355,000) (317,032,000)
Accumulated Other Comprehensive Income 10,140,000 5,348,000
Total Stockholders' Equity 839,079,000 749,472,000
Noncontrolling interest in joint ventures 1,622,000 1,658,000
Total Equity 840,701,000 751,130,000
TOTAL LIABILITIES AND EQUITY $ 2,021,726,000 $ 1,953,221,000