Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2017	Dec. 31, 2016
Assets
Land	$ 615,280	$ 573,315
Income producing property	2,214,864	2,112,088
Real estate investment property, at cost	2,830,144	2,685,403
Accumulated depreciation and amortization	(715,228)	(657,425)
Net income producing property	2,114,916	2,027,978
Properties under development or held for future development	49,065	40,232
Total real estate held for investment, net	2,163,981	2,068,210
Investment in real estate sold or held for sale, net	7,011	0
Cash and cash equivalents	11,326	11,305
Restricted cash	1,442	6,317
Rents and other receivables, net of allowance for doubtful accounts of $2,494 and $2,377, respectively	73,545	64,319
Prepaid expenses and other assets	126,589	103,468
Other assets related to properties sold or held for sale	400	0
Total assets	2,384,294	2,253,619
Liabilities
Notes payable, net	894,103	843,084
Mortgage notes payable, net	96,045	148,540
Lines of credit	189,000	120,000
Accounts payable and other liabilities	66,393	46,967
Dividend payable	0	22,414
Advance rents	10,723	11,750
Tenant security deposits	9,528	8,802
Liabilities related to properties sold or held for sale	311	0
Total liabilities	1,266,103	1,201,557
Shareholders’ equity
Preferred shares; $0.01 par value; 10,000 shares authorized; no shares issued or outstanding	0	0
Shares of beneficial interest, $0.01 par value; 100,000 shares authorized; 78,464 and 74,606 shares issued and outstanding, respectively	785	746
Additional paid in capital	1,487,157	1,368,636
Distributions in excess of net income	(377,968)	(326,047)
Accumulated other comprehensive income	6,848	7,611
Total shareholders’ equity	1,116,822	1,050,946
Noncontrolling interests in subsidiaries	1,369	1,116
Total equity	1,118,191	1,052,062
Total liabilities and equity	$ 2,384,294	$ 2,253,619