CONSOLIDATED STATEMENTS OF CASH FLOWS (unaudited) - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2018	Sep. 30, 2017
Cash Flow From Operating Activities:
Net income (loss)	$ 30,389	$ (8,091)
Adjustments to reconcile net loss applicable to common shares to net cash flows from operating activities:
Gain on sale of income-producing properties		(9,841)
Gain on sale of land	(13,577)	(500)
Depreciation and amortization	19,859	19,008
Amortization of deferred borrowing costs	1,293	2,872
Amortization of bond issuance costs	2,346	462
(Earnings) loss from unconsolidated joint ventures and investees	(2)	11
(Increase) decrease in assets:
Accrued interest receivable	(15,096)	1,044
Other assets	21	11,798
Prepaid expense	1,407	(5,661)
Rent receivables	(744)	544
Related party receivables	(769)	(5,357)
Increase (decrease) in liabilities:
Accrued interest payable	(3,303)	1,508
Other liabilities	(42,135)	(21,518)
Net cash provided by (used in) operating activities	(20,311)	(13,721)
Cash Flow From Investing Activities:
Proceeds from notes receivable	6,541	26,077
Originations or advances on notes receivable	(12,044)	(10,665)
Acquisition of land held for development		(11,440)
Proceeds from sale of income-producing properties	2,706
Proceeds from sale of land	10,439	2,446
Improvement of land held for development		(908)
Improvement of income-producing properties	(3,688)	(4,462)
Construction and development of new properties	(66,567)	(41,489)
Net cash used in investing activities	(62,613)	(40,441)
Cash Flow From Financing Activities:
Proceeds from bonds	59,213	106,583
Proceeds from notes payable	68,943	54,231
Recurring payment of principal on notes payable	(14,443)	(7,279)
Payments on maturing notes payable	(16,750)	(59,068)
Bond issuance costs	(5,257)	6,182
Deferred financing costs		(820)
Preferred stock dividends - Series D	(673)	(670)
Net cash provided by financing activities	91,033	99,159
Net increase (decrease) in cash, cash equivalents and restricted cash	8,109	44,997
Cash, cash equivalents and restricted cash, beginning of period	88,342	55,733
Cash, cash equivalents and restricted cash, end of period	96,451	100,730
Supplemental disclosures of cash flow information:
Cash paid for interest	39,514	$ 36,393
Schedule of noncash investing and financing activities:
Notes receivable received from sale of income-producing properties	1,735
Seller finanncing note - acquisition of income-producing properties	1,895
Notes payable issued on acquisition of income-producing properties	$ 31,175