CONSOLIDATED BALANCE SHEETS (USD $) In Thousands, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012
ASSETS
Land	$ 336,251	$ 276,109
Buildings and improvements	1,140,613	786,699
Construction in progress	4,836	2,507
Real Estate Investment Property, at Cost	1,481,700	1,065,315
Less: accumulated depreciation	229,538	169,718
Net operating real estate	1,252,162	895,597
Real estate under development	337,353	221,883
Notes receivable and preferred equity investments, net	126,656	129,278
Investments in and advances to unconsolidated affiliates	181,322	221,904
Cash and cash equivalents	79,189	91,813
Cash in escrow	19,822	15,846
Restricted cash	109,795	0
Rents receivable, net	29,574	18,177
Deferred charges, net	30,775	18,858
Acquired lease intangibles, net	33,663	28,576
Prepaid expenses and other assets	44,212	28,231
Assets of discontinued operations	20,434	238,277
Total assets	2,264,957	1,908,440
LIABILITIES
Mortgage and other notes payable	1,039,617	612,251
Convertible notes payable	380	930
Distributions in excess of income from, and investments in, unconsolidated affiliates	8,701	22,707
Accounts payable and accrued expenses	38,050	27,699
Dividends and distributions payable	13,455	9,674
Acquired lease intangibles, net	22,394	14,115
Other liabilities	18,265	14,652
Liabilities of discontinued operations	2,507	136,156
Total liabilities	1,143,369	838,184
Shareholders' Equity
Common shares, $.001 par value, authorized 100,000,000 shares, issued and outstanding 55,643,068 and 52,482,598 shares, respectively	56	52
Additional paid-in capital	665,301	581,925
Accumulated other comprehensive income (loss)	1,132	(4,307)
Retained earnings	37,747	45,127
Total shareholders’ equity	704,236	622,797
Noncontrolling interests	417,352	447,459
Total equity	1,121,588	1,070,256
Total liabilities and equity	$ 2,264,957	$ 1,908,440