CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Sep. 30, 2017	Dec. 31, 2016
ASSETS
Investment in real estate, net	$ 337,509	$ 314,620
Cash and cash equivalents	166,773	241,111
Investments	145,236	175,725
Restricted investments	4,462	5,636
Income tax receivable	0	27,057
Claim settlement receivable	7,982	7,804
Other assets	40,500	38,410
Property and equipment, net of accumulated depreciation of $60,365 and $59,404 at September 30, 2017 and December 31, 2016, respectively	9,282	8,992
Investments held by special purpose entities	207,942	208,590
Total assets	919,686	1,027,945
LIABILITIES:
Debt	55,738	55,040
Other liabilities	49,876	40,950
Deferred tax liabilities	70,839	68,846
Senior notes held by special purpose entity	176,479	176,310
Total liabilities	352,932	341,146
EQUITY:
Common stock, no par value; 180,000,000 shares authorized; 74,348,160 and 74,342,826 issued at September 30, 2017 and December 31, 2016, respectively; and 66,536,223 and 74,342,826 outstanding at September 30, 2017 and December 31, 2016, respectively	572,087	572,040
Retained earnings	115,821	94,746
Accumulated other comprehensive (loss) income	(1,191)	2,507
Treasury stock at cost, 7,811,937 shares held at September 30, 2017	(135,995)	0
Total stockholders’ equity	550,722	669,293
Non-controlling interest	16,032	17,506
Total equity	566,754	686,799
Total liabilities and equity	919,686	1,027,945
Variable Interest Entities
ASSETS
Investment in real estate, net	59,877	63,362
Cash and cash equivalents	5,099	3,965
Other assets	12,229	13,209
Investments held by special purpose entities	207,942	208,590
Total assets	285,147	289,126
LIABILITIES:
Debt	46,977	47,519
Other liabilities	2,221	4,275
Senior notes held by special purpose entity	176,479	176,310
Total liabilities	$ 225,677	$ 228,104