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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
ASSETS    
Investment in real estate, net $ 430,776 $ 350,994
Investment in unconsolidated joint ventures 5,084 1,105
Cash and cash equivalents 185,716 195,155
Investments - debt securities 53 8,958
Investments - equity securities 9,746 36,132
Other assets 52,069 59,203
Property and equipment, net of accumulated depreciation of $63,223 and $60,271 at December 31, 2019 and December 31, 2018, respectively 19,018 12,031
Investments held by special purpose entities 206,771 207,384
Total assets 909,233 870,962
Liabilities:    
Debt, net 92,529 69,374
Other liabilities 57,200 47,387
Deferred tax liabilities, net 52,808 44,315
Senior Notes held by special purpose entity 177,026 176,775
Total liabilities 379,563 337,851
Commitments and contingencies (Note 22)
Equity:    
Common stock, no par value; 180,000,000 shares authorized; 59,414,583 and 60,672,034 issued and outstanding at December 31, 2019 and December 31, 2018, respectively 305,631 331,395
Retained earnings 214,225 187,450
Accumulated other comprehensive loss (335) (674)
Total stockholders' equity 519,521 518,171
Non-controlling interest 10,149 14,940
Total equity 529,670 533,111
Total liabilities and equity $ 909,233 $ 870,962