CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2017	Dec. 31, 2016
ASSETS
Investment in real estate, net	$ 322,097	$ 314,620
Cash and cash equivalents	216,982	241,111
Investments	175,623	175,725
Restricted investments	4,448	5,636
Income tax receivable	26,672	27,057
Claim settlement receivable	7,863	7,804
Other assets	36,473	38,410
Property and equipment, net of accumulated depreciation of $59.8 million and $59.4 million at March 31, 2017 and December 31, 2016, respectively	9,067	8,992
Investments held by special purpose entities	208,219	208,590
Total assets	1,007,444	1,027,945
LIABILITIES:
Debt	55,525	55,040
Other liabilities	47,715	40,950
Deferred tax liabilities	70,276	68,846
Senior notes held by special purpose entity	176,366	176,310
Total liabilities	349,882	341,146
EQUITY:
Common stock, no par value; 180,000,000 shares authorized; 74,342,826 issued at both March 31, 2017 and December 31, 2016; and 72,297,845 and 74,342,826 outstanding at March 31, 2017 and December 31, 2016, respectively	572,059	572,040
Retained earnings	99,114	94,746
Accumulated other comprehensive income	3,219	2,507
Treasury stock at cost, 2,044,981 shares held at March 31, 2017	(34,156)	0
Total stockholders’ equity	640,236	669,293
Non-controlling interest	17,326	17,506
Total equity	657,562	686,799
Total liabilities and equity	1,007,444	1,027,945
Variable Interest Entities
ASSETS
Investment in real estate, net	63,946	63,362
Cash and cash equivalents	3,303	3,965
Other assets	11,882	13,209
Investments held by special purpose entities	208,219	208,590
Total assets	287,350	289,126
LIABILITIES:
Debt	47,342	47,519
Other liabilities	2,194	4,275
Senior notes held by special purpose entity	176,366	176,310
Total liabilities	$ 225,902	$ 228,104