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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
ASSETS    
Investment in real estate, net $ 1,022,927 $ 1,018,618
Investment in unconsolidated joint ventures 71,229 66,356
Cash and cash equivalents 89,768 86,068
Other assets 84,854 82,243
Property and equipment, net of accumulated depreciation of $82,635 and $80,423 as of March 31, 2024 and December 31, 2023, respectively 65,075 66,049
Investments held by special purpose entities 203,805 204,196
Total assets 1,537,658 1,523,530
Liabilities:    
Debt, net 451,990 453,640
Accounts payable and other liabilities 65,429 58,573
Deferred revenue 64,512 62,836
Deferred tax liabilities, net 72,616 71,829
Senior Notes held by special purpose entity 178,241 178,162
Total liabilities 832,788 825,040
Commitments and contingencies (Note 18)
Equity:    
Common stock, no par value; 180,000,000 shares authorized; 58,397,506 and 58,372,040 issued and outstanding at March 31, 2024 and December 31, 2023, respectively 271,079 270,848
Retained earnings 417,280 410,371
Accumulated other comprehensive income 2,041 1,843
Total stockholders' equity 690,400 683,062
Non-controlling interest 14,470 15,428
Total equity 704,870 698,490
Total liabilities and equity $ 1,537,658 $ 1,523,530