CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
ASSETS
Investment in real estate, net	$ 647,874	$ 551,653
Investment in unconsolidated joint ventures	50,766	37,965
Cash and cash equivalents	27,260	106,794
Investments - debt securities	102,986	48,051
Other assets	69,897	65,866
Property and equipment, net of accumulated depreciation of $62,548 and $60,433 at September 30, 2021 and December 31, 2020, respectively	32,291	20,846
Investments held by special purpose entities	205,476	206,149
Total assets	1,136,550	1,037,324
Liabilities:
Debt, net	196,099	158,915
Other liabilities	91,758	72,035
Deferred tax liabilities, net	72,580	60,915
Senior Notes held by special purpose entity	177,495	177,289
Total liabilities	537,932	469,154
Commitments and contingencies
Equity:
Common stock, no par value; 180,000,000 shares authorized; 58,882,549 issued and outstanding at September 30, 2021 and December 31, 2020	296,873	296,873
Retained earnings	283,699	255,216
Accumulated other comprehensive loss	(880)	(1,472)
Total stockholders' equity	579,692	550,617
Non-controlling interest	18,926	17,553
Total equity	598,618	568,170
Total liabilities and equity	1,136,550	1,037,324
Variable Interest Entity, Primary Beneficiary
ASSETS
Investment in real estate, net	190,454	170,853
Cash and cash equivalents	4,420	2,639
Other assets	17,214	13,821
Investments held by special purpose entities	205,476	206,149
Total assets	417,564	393,462
Liabilities:
Debt, net	155,131	139,592
Other liabilities	12,803	9,596
Senior Notes held by special purpose entity	177,495	177,289
Total liabilities	$ 345,429	$ 326,477