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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
ASSETS    
Investment in real estate, net $ 883,796 $ 690,113
Investment in unconsolidated joint ventures 58,865 52,027
Cash and cash equivalents 18,846 70,162
Investments - debt securities 74,033 88,956
Other assets 62,190 70,235
Property and equipment, net of accumulated depreciation of $64,666 and $64,251 as of September 30, 2022 and December 31, 2021, respectively 36,981 31,145
Investments held by special purpose entities 204,829 205,513
Total assets 1,339,540 1,208,151
Liabilities:    
Debt, net 321,085 223,034
Other liabilities 83,338 67,985
Deferred revenue 39,311 36,207
Deferred tax liabilities, net 81,558 77,259
Senior Notes held by special purpose entity 177,783 177,566
Total liabilities 703,075 582,051
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 September 30, 2022 and December 31, 2021, respectively; and 58,335,541 and 58,882,549 outstanding at September 30, 2022 and December 31, 2021, respectively 297,129 296,873
Retained earnings 336,049 310,925
Accumulated other comprehensive income (loss) 2,047 (389)
Treasury stock at cost, 576,963 shares held at September 30, 2022 (19,972)
Total stockholders' equity 615,253 607,409
Non-controlling interest 21,212 18,691
Total equity 636,465 626,100
Total liabilities and equity $ 1,339,540 $ 1,208,151