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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2018
Dec. 31, 2017
ASSETS    
Investment in real estate, net $ 350,994 $ 332,624
Cash and cash equivalents 195,155 192,083
Investments - debt securities 8,958 76,245
Investments - equity securities 36,132  
Investments - equity securities   35,023
Restricted investments 3,432 4,469
Income tax receivable 3,914 8,371
Claim settlement receivable 2,679 5,280
Other assets 50,283 47,133
Property and equipment, net of accumulated depreciation of $60,271 and $60,697 at December 31, 2018 and December 31, 2017, respectively 12,031 11,776
Investments held by special purpose entities 207,384 207,989
Total assets 870,962 920,993
Liabilities:    
Debt, net 69,374 55,630
Other liabilities 47,387 47,259
Deferred tax liabilities, net 44,315 48,983
Senior Notes held by special purpose entity 176,775 176,537
Total liabilities 337,851 328,409
Equity:    
Common stock, no par value; 180,000,000 shares authorized; 60,672,034 and 65,897,866 issued and outstanding at December 31, 2018 and December 31, 2017, respectively 331,395 424,694
Retained earnings 187,450 154,324
Accumulated other comprehensive loss (674) (1,461)
Total stockholders' equity 518,171 577,557
Non-controlling interest 14,940 15,027
Total equity 533,111 592,584
Total liabilities and equity $ 870,962 $ 920,993