CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
ASSETS
Investment in real estate, net	$ 1,026,286	$ 996,261
Investment in unconsolidated joint ventures	55,457	50,025
Cash and cash equivalents	57,152	37,747
Investments - debt securities	22,814	40,576
Other assets	57,660	61,729
Property and equipment, net of accumulated depreciation of $67,673 and $67,133 as of March 31, 2023 and December 31, 2022, respectively	42,414	39,638
Investments held by special purpose entities	204,476	204,863
Total assets	1,466,259	1,430,839
Liabilities:
Debt, net	420,689	385,860
Other liabilities	96,139	94,371
Deferred revenue	40,860	38,936
Deferred tax liabilities, net	78,256	82,706
Senior Notes held by special purpose entity	177,932	177,857
Total liabilities	813,876	779,730
Commitments and contingencies (Note 18)
Equity:
Common stock, no par value; 180,000,000 shares authorized; 58,372,040 and 58,335,541 issued and outstanding at March 31, 2023 and December 31, 2022, respectively	270,169	270,028
Retained earnings	362,897	358,344
Accumulated other comprehensive income	2,073	2,430
Total stockholders' equity	635,139	630,802
Non-controlling interest	17,244	20,307
Total equity	652,383	651,109
Total liabilities and equity	$ 1,466,259	$ 1,430,839