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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2020
Dec. 31, 2019
ASSETS    
Investment in real estate, net $ 497,658 $ 430,776
Investment in unconsolidated joint ventures 29,293 5,084
Cash and cash equivalents 106,039 185,716
Investments - debt securities 49,996 53
Investments - equity securities 2,415 9,746
Other assets 54,977 52,069
Property and equipment, net of accumulated depreciation of $64,523 and $63,223 at June 30, 2020 and December 31, 2019, respectively 19,500 19,018
Investments held by special purpose entities 206,438 206,771
Total assets 966,316 909,233
Liabilities:    
Debt, net 120,522 92,529
Other liabilities 68,128 57,200
Deferred tax liabilities, net 57,860 52,808
Senior Notes held by special purpose entity 177,156 177,026
Total liabilities 423,666 379,563
Commitments and contingencies (Note 18)
Equity:    
Common stock, no par value; 180,000,000 shares authorized; 59,414,583 issued at June 30, 2020 and December 31, 2019; and 58,882,549 and 59,414,583 outstanding at June 30, 2020 and December 31, 2019, respectively 305,676 305,631
Retained earnings 231,801 214,225
Accumulated other comprehensive loss (1,530) (335)
Treasury stock at cost, 532,034 shares held at June 30, 2020 (8,803)  
Total stockholders' equity 527,144 519,521
Non-controlling interest 15,506 10,149
Total equity 542,650 529,670
Total liabilities and equity $ 966,316 $ 909,233