CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
ASSETS
Investment in real estate, net	$ 601,589	$ 551,653
Investment in unconsolidated joint ventures	51,178	37,965
Cash and cash equivalents	33,336	106,794
Investments - debt securities	109,975	48,051
Other assets	73,001	65,866
Property and equipment, net of accumulated depreciation of $61,854 and $60,433 at June 30, 2021 and December 31, 2020, respectively	27,117	20,846
Investments held by special purpose entities	205,809	206,149
Total assets	1,102,005	1,037,324
Liabilities:
Debt, net	183,086	158,915
Other liabilities	87,514	72,035
Deferred tax liabilities, net	65,464	60,915
Senior Notes held by special purpose entity	177,426	177,289
Total liabilities	513,490	469,154
Commitments and contingencies
Equity:
Common stock, no par value; 180,000,000 shares authorized; 58,882,549 issued and outstanding at June 30, 2021 and December 31, 2020	296,873	296,873
Retained earnings	273,214	255,216
Accumulated other comprehensive loss	(1,221)	(1,472)
Total stockholders' equity	568,866	550,617
Non-controlling interest	19,649	17,553
Total equity	588,515	568,170
Total liabilities and equity	1,102,005	1,037,324
Variable Interest Entities
ASSETS
Investment in real estate, net	178,750	170,853
Cash and cash equivalents	7,760	2,639
Other assets	19,990	13,821
Investments held by special purpose entities	205,809	206,149
Total assets	412,309	393,462
Liabilities:
Debt, net	150,261	139,592
Other liabilities	10,629	9,596
Senior Notes held by special purpose entity	177,426	177,289
Total liabilities	$ 338,316	$ 326,477