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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
ASSETS    
Investment in real estate, net $ 1,039,391 $ 1,018,618
Investment in unconsolidated joint ventures 73,257 66,356
Cash and cash equivalents 82,745 86,068
Other assets 84,487 82,243
Property and equipment, net of accumulated depreciation of $91,679 and $80,423 as of September 30, 2024 and December 31, 2023, respectively 62,205 66,049
Investments held by special purpose entities 203,486 204,196
Total assets 1,545,571 1,523,530
Liabilities:    
Debt, net 443,342 453,640
Accounts payable and other liabilities 61,691 58,573
Deferred revenue 62,141 62,836
Deferred tax liabilities, net 70,389 71,829
Senior Notes held by special purpose entity 178,402 178,162
Total liabilities 815,965 825,040
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 September 30, 2024 and December 31, 2023, respectively 271,730 270,848
Retained earnings 443,449 410,371
Accumulated other comprehensive income 1,227 1,843
Total stockholders' equity 716,406 683,062
Non-controlling interest 13,200 15,428
Total equity 729,606 698,490
Total liabilities and equity $ 1,545,571 $ 1,523,530