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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
ASSETS    
Investment in real estate, net $ 1,035,836 $ 1,018,618
Investment in unconsolidated joint ventures 71,387 66,356
Cash and cash equivalents 86,726 86,068
Other assets 90,287 82,243
Property and equipment, net of accumulated depreciation of $86,940 and $80,423 as of June 30, 2024 and December 31, 2023, respectively 62,374 66,049
Investments held by special purpose entities 203,832 204,196
Total assets 1,550,442 1,523,530
Liabilities:    
Debt, net 447,386 453,640
Accounts payable and other liabilities 65,332 58,573
Deferred revenue 64,134 62,836
Deferred tax liabilities, net 72,883 71,829
Senior Notes held by special purpose entity 178,321 178,162
Total liabilities 828,056 825,040
Commitments and contingencies (Note 18)
Equity:    
Common stock, no par value; 180,000,000 shares authorized; 58,397,506 and 58,372,040 issued and outstanding at June 30, 2024 and December 31, 2023, respectively 271,403 270,848
Retained earnings 434,790 410,371
Accumulated other comprehensive income 1,925 1,843
Total stockholders' equity 708,118 683,062
Non-controlling interest 14,268 15,428
Total equity 722,386 698,490
Total liabilities and equity $ 1,550,442 $ 1,523,530