CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
ASSETS
Investment in real estate, net	$ 569,201	$ 551,653
Investment in unconsolidated joint ventures	40,776	37,965
Cash and cash equivalents	52,313	106,794
Investments - debt securities	93,973	48,051
Investments - equity securities	1,589	2,623
Other assets	62,315	63,243
Property and equipment, net of accumulated depreciation of $61,816 and $60,433 at March 31, 2021 and December 31, 2020, respectively	27,456	20,846
Investments held by special purpose entities	205,770	206,149
Total assets	1,053,393	1,037,324
Liabilities:
Debt, net	169,730	158,915
Other liabilities	76,930	72,035
Deferred tax liabilities, net	61,272	60,915
Senior Notes held by special purpose entity	177,357	177,289
Total liabilities	485,289	469,154
Commitments and contingencies
Equity:
Common stock, no par value; 180,000,000 shares authorized; 58,882,549 issued and outstanding at March 31, 2021 and December 31, 2020	296,873	296,873
Retained earnings	253,701	255,216
Accumulated other comprehensive loss	(1,210)	(1,472)
Total stockholders' equity	549,364	550,617
Non-controlling interest	18,740	17,553
Total equity	568,104	568,170
Total liabilities and equity	1,053,393	1,037,324
Variable Interest Entities
ASSETS
Investment in real estate, net	170,550	170,853
Cash and cash equivalents	6,957	2,639
Other assets	18,119	13,821
Investments held by special purpose entities	205,770	206,149
Total assets	401,396	393,462
Liabilities:
Debt, net	145,430	139,592
Other liabilities	7,356	9,596
Senior Notes held by special purpose entity	177,357	177,289
Total liabilities	$ 330,143	$ 326,477