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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
ASSETS    
Investment in real estate, net $ 819,618 $ 690,113
Investment in unconsolidated joint ventures 54,086 52,027
Cash and cash equivalents 21,851 70,162
Investments - debt securities 113,777 88,956
Other assets 69,882 70,235
Property and equipment, net of accumulated depreciation of $64,240 and $64,251 as of June 30, 2022 and December 31, 2021, respectively 35,445 31,145
Investments held by special purpose entities 205,166 205,513
Total assets 1,319,825 1,208,151
Liabilities:    
Debt, net 291,471 223,034
Other liabilities 86,343 67,985
Deferred revenue 38,977 36,207
Deferred tax liabilities, net 77,884 77,259
Senior Notes held by special purpose entity 177,710 177,566
Total liabilities 672,385 582,051
Commitments and contingencies (Note 19)
Equity:    
Common stock, no par value; 180,000,000 shares authorized; 58,912,504 and 58,882,549 issued at June 30, 2022 and December 31, 2021, respectively; and 58,907,744 and 58,882,549 outstanding at June 30, 2022 and December 31, 2021, respectively 297,021 296,873
Retained earnings 329,593 310,925
Accumulated other comprehensive income (loss) 1,084 (389)
Treasury stock at cost, 4,760 shares held at June 30, 2022 (180)  
Total stockholders' equity 627,518 607,409
Non-controlling interest 19,922 18,691
Total equity 647,440 626,100
Total liabilities and equity $ 1,319,825 $ 1,208,151