CONSOLIDATED BALANCE SHEETS (USD $) In Thousands, unless otherwise specified	Dec. 31, 2012	Dec. 31, 2011
ASSETS
Land	$ 293,691	$ 176,278
Buildings and improvements	953,020	698,214
Construction in progress	2,429	5,885
Real Estate Investment Property, at Cost	1,249,140	880,377
Less: accumulated depreciation	187,029	160,541
Net operating real estate	1,062,111	719,836
Real estate under development	246,602	218,384
Notes receivable, net	129,278	59,989
Investments in and advances to unconsolidated affiliates	221,694	84,568
Cash and cash equivalents	91,813	89,812
Cash in escrow	18,934	20,482
Rents receivable, net	27,744	23,089
Deferred charges, net	26,777	19,608
Acquired lease intangibles, net	31,975	26,721
Prepaid expenses and other assets	29,241	25,572
Accounts receivable from related parties	210	1,375
Assets of discontinued operations	22,061	363,883
Total assets	1,908,440	1,653,319
LIABILITIES
Mortgages payable	727,048	647,739
Convertible notes payable	930	930
Distributions in excess of income from, and investments in, unconsolidated affiliates	22,707	21,710
Accounts payable and accrued expenses	29,309	36,569
Dividends and distributions payable	9,674	7,914
Acquired lease and other intangibles, net	14,115	5,462
Other liabilities	21,303	18,517
Liabilities of discontinued operations	13,098	145,169
Total liabilities	838,184	884,010
Shareholders' Equity
Common shares, $.001 par value, authorized 100,000,000 shares, issued and outstanding 52,482,598 and 42,586,376 shares, respectively	52	43
Additional paid-in capital	581,925	348,667
Accumulated other comprehensive loss	(4,307)	(3,913)
Retained earnings	45,127	39,317
Total shareholders’ equity	622,797	384,114
Noncontrolling interests	447,459	385,195
Total equity	1,070,256	769,309
Total liabilities and equity	$ 1,908,440	$ 1,653,319