CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2020	Dec. 31, 2019
ASSETS
Investment in real estate, net	$ 468,896	$ 430,776
Investment in unconsolidated joint ventures	11,077	5,084
Cash and cash equivalents	106,427	185,716
Investments - debt securities (primarily U.S. Treasury Bills)	49,997	53
Investments - equity securities	2,432	9,746
Other assets	48,393	52,069
Property and equipment, net of accumulated depreciation of $63,648 and $63,223 at March 31, 2020 and December 31, 2019, respectively	19,404	19,018
Investments held by special purpose entities	206,396	206,771
Total assets	913,022	909,233
Liabilities:
Debt, net	98,337	92,529
Other liabilities	63,160	57,200
Deferred tax liabilities, net	53,525	52,808
Senior Notes held by special purpose entity	177,090	177,026
Total liabilities	392,112	379,563
Commitments and contingencies (Note 18)
Equity:
Common stock, no par value; 180,000,000 shares authorized; 59,414,583 issued at March 31, 2020 and December 31, 2019; and 59,003,470 and 59,414,583 outstanding at March 31, 2020 and December 31, 2019, respectively	305,658	305,631
Retained earnings	212,602	214,225
Accumulated other comprehensive loss	(890)	(335)
Treasury stock at cost, 411,113 shares held at March 31, 2020	(6,807)
Total stockholders' equity	510,563	519,521
Non-controlling interest	10,347	10,149
Total equity	520,910	529,670
Total liabilities and equity	$ 913,022	$ 909,233