Summary Of Significant Accounting Policies (Tables)

6 Months Ended

Jun. 30, 2020



	December 31,
	2019		2018
Consolidated balance sheets
Cash and cash equivalents	$	62,786	$	37,379
Restricted cash included in
Land and building held for development, net		1,088		1,088
Cash and cash equivalents and restricted cash
at the end of the period	$	63,874	$	38,467



	June 30,
	2020		2019
Consolidated balance sheets
Cash and cash equivalents	$	98,841	$	42,046
Restricted cash included in
Land and building held for development, net		1,088		1,088
Cash and cash equivalents and restricted cash
at the end of the period	$	99,929	$	43,134



	For the Three Months				For the Six Months
	Ended June 30,				Ended June 30,
	2020		2019		2020		2019
Calculation of net income allocable to common shareholders
Net income	$	44,483	$	49,373	$	109,511	$	95,948
Net income allocated to
Preferred shareholders based upon distributions		(12,047)		(12,959)		(24,093)		(25,918)
Noncontrolling interests—joint venture		(13)		(10)		(30)		(13)
Restricted stock unit holders		(119)		(212)		(394)		(480)
Net income allocable to common shareholders
and noncontrolling interests—common units		32,304		36,192		84,994		69,537
Net income allocation to noncontrolling interests—
common units		(6,782)		(7,613)		(17,857)		(14,637)
Net income allocable to common shareholders	$	25,522	$	28,579	$	67,137	$	54,900

Calculation of common partnership units as a percentage of common share equivalents
Weighted average common shares outstanding		27,479		27,426		27,464		27,400
Weighted average common partnership units outstanding		7,305		7,305		7,305		7,305
Total common share equivalents		34,784		34,731		34,769		34,705
Common partnership units as a percentage of common
share equivalents		21.0%		21.0%		21.0%		21.0%

Weighted average common shares outstanding
Basic weighted average common shares outstanding		27,479		27,426		27,464		27,400
Net effect of dilutive stock compensation—based on
treasury stock method using average market price		81		106		93		105
Diluted weighted average common shares outstanding		27,560		27,532		27,557		27,505