CONSOLIDATED BALANCE SHEETS (USD $) In Thousands	Sep. 30, 2011	Dec. 31, 2010
ASSETS
Land	$ 268,077	$ 219,981
Building and improvements	958,549	867,773
Construction in progress	3,983	4,236
Real Estate Investment Property, at Cost	1,230,609	1,091,990
Real Estate Investment Property, Accumulated Depreciation	200,840	184,014
Net operating real estate	1,029,769	907,976
Real estate under development	229,223	243,892
Notes receivable, net	41,304	89,202
Investments in and advances to unconsolidated affiliates	78,420	31,036
Cash and cash equivalents	98,027	120,592
Cash in escrow	27,553	28,610
Rents receivable, net	23,179	17,360
Deferred charges, net	25,696	23,714
Acquired lease intangibles, net	22,975	18,622
Prepaid expenses and other assets	27,637	22,328
Assets of discontinued operations	2,684	21,474
Total assets	1,606,467	1,524,806
LIABILITIES
Mortgage notes payable	846,399	806,212
Convertible notes payable, net of unamortized discount of $109 and $1,063, respectively	24,824	48,712
Distributions in excess of income from, and investments in, unconsolidated affiliates	21,401	20,884
Accounts payable and accrued expenses	31,992	27,458
Dividends and distributions payable	7,507	7,427
Acquired lease and other intangibles, net	5,592	5,737
Other liabilities	18,914	20,459
Liabilities of discontinued operations	289	395
Total liabilities	956,918	937,284
Shareholders’ equity
Common shares, $.001 par value, authorized 100,000,000 shares; issued and outstanding 40,333,233 and 40,254,525 shares, respectively	40	40
Additional paid-in capital	303,783	303,823
Accumulated other comprehensive loss	(4,231)	(2,857)
Retained earnings	39,098	17,206
Total shareholders’ equity	338,690	318,212
Noncontrolling interests	310,859	269,310
Total equity	649,549	587,522
Total liabilities and equity	$ 1,606,467	$ 1,524,806