XML 13 R2.htm IDEA: XBRL DOCUMENT v3.22.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
ASSETS    
Investment in real estate, net $ 741,455 $ 690,113
Investment in unconsolidated joint ventures 52,622 52,027
Cash and cash equivalents 33,115 70,162
Investments - debt securities 118,173 88,956
Other assets 69,875 70,235
Property and equipment, net of accumulated depreciation of $66,009 and $64,251 as of March 31, 2022 and December 31, 2021, respectively 35,974 31,145
Investments held by special purpose entities 205,131 205,513
Total assets 1,256,345 1,208,151
Liabilities:    
Debt, net 256,763 223,034
Other liabilities 67,799 67,985
Deferred revenue 37,368 36,207
Deferred tax liabilities, net 79,746 77,259
Senior Notes held by special purpose entity 177,637 177,566
Total liabilities 619,313 582,051
Commitments and contingencies (Note 19)
Equity:    
Common stock, no par value; 180,000,000 shares authorized; 58,908,143 and 58,882,549 issued and outstanding at March 31, 2022 and December 31, 2021, respectively 296,915 296,873
Retained earnings 318,448 310,925
Accumulated other comprehensive income (loss) 920 (389)
Total stockholders' equity 616,283 607,409
Non-controlling interest 20,749 18,691
Total equity 637,032 626,100
Total liabilities and equity $ 1,256,345 $ 1,208,151