Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2017	Dec. 31, 2016
Assets:
Land	$ 127,744	$ 99,417
Buildings and improvements	332,694	195,443
Projects under construction	5,959	11,779
Total investments in properties	466,397	306,639
Less accumulated depreciation and depletion	91,788	82,392
Net investments in properties	374,609	224,247
Real estate held for investment, at cost	7,176	7,176
Investments in joint ventures	13,345	22,901
Net real estate investments	395,130	254,324
Cash and cash equivalents	2,630	0
Cash held in escrow	186	0
Accounts receivable, net	1,033	710
Federal and state income taxes receivable	1,852	0
Unrealized rents	4,299	4,562
Deferred costs	10,781	6,786
Other assets	181	178
Total assets	416,092	266,560
Liabilities:
Lines of credit payable	6,440	6,665
Secured notes payable, current portion	4,674	4,526
Secured notes payable, less current portion	103,999	29,554
Accounts payable and accrued liabilities	4,825	3,747
Environmental remediation liability	2,037	2,037
Bank overdraft	0	254
Federal and state income taxes payable	0	887
Deferred revenue	1,397	1,126
Deferred income taxes	36,075	16,455
Deferred compensation	1,485	1,475
Deferred lease intangible, net	2	9
Tenant security deposits	940	1,005
Total liabilities	161,874	67,740
Commitments and contingencies (Note 8)
Equity:
Common stock, $.10 par value; 25,000,000 shares authorized, 10,007,167 and 9,914,054 shares issued and outstanding, respectively	1,001	991
Capital in excess of par value	55,341	52,647
Retained earnings	173,652	145,168
Accumulated other comprehensive income, net	14	14
Total shareholders' equity	230,008	198,820
Noncontrolling interest MRP	24,210	0
Total Equity	254,218	198,820
Total liabilities and shareholders' equity	$ 416,092	$ 266,560