CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
ASSETS
Investment in real estate, net	$ 1,006,151	$ 996,261
Investment in unconsolidated joint ventures	60,384	50,025
Cash and cash equivalents	60,627	37,747
Investments - debt securities	27,931	40,576
Other assets	93,547	61,729
Property and equipment, net of accumulated depreciation of $71,488 and $67,133 as of June 30, 2023 and December 31, 2022, respectively	68,953	39,638
Investments held by special purpose entities	204,508	204,863
Total assets	1,522,101	1,430,839
Liabilities:
Debt, net	446,639	385,860
Other liabilities	78,275	94,371
Deferred revenue	47,348	38,936
Deferred tax liabilities, net	90,121	82,706
Senior Notes held by special purpose entity	178,008	177,857
Total liabilities	840,391	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 June 30, 2023 and December 31, 2022, respectively	270,395	270,028
Retained earnings	391,787	358,344
Accumulated other comprehensive income	2,477	2,430
Total stockholders' equity	664,659	630,802
Non-controlling interest	17,051	20,307
Total equity	681,710	651,109
Total liabilities and equity	$ 1,522,101	$ 1,430,839