CONSOLIDATED BALANCE SHEETS (USD $) In Thousands, unless otherwise specified	Sep. 30, 2013	Dec. 31, 2012
Operating real estate
Land	$ 318,539	$ 276,109
Buildings and improvements	1,023,184	773,058
Construction in progress	7,256	2,364
Gross operating real estate	1,348,979	1,051,531
Less: accumulated depreciation	218,921	167,689
Net operating real estate	1,130,058	883,842
Real estate under development	334,445	246,602
Notes receivable, net	95,352	129,278
Investments in and advances to unconsolidated affiliates	199,113	221,904
Cash and cash equivalents	88,421	91,813
Cash in escrow	19,971	15,846
Restricted cash	134,392	0
Rents receivable, net	23,731	17,320
Deferred charges, net	29,941	18,343
Acquired lease intangibles, net	32,583	28,576
Prepaid expenses and other assets	44,858	28,252
Assets of discontinued operations	216,503	226,664
Total assets	2,349,368	1,908,440
LIABILITIES
Mortgage and other notes payable	1,004,175	603,043
Convertible notes payable	380	930
Distributions in excess of income from, and investments in, unconsolidated affiliates	12,426	22,707
Accounts payable and accrued expenses	36,694	27,437
Dividends and distributions payable	11,984	9,674
Acquired lease intangibles, net	22,204	14,115
Other liabilities	16,318	14,207
Liabilities of discontinued operations	132,031	146,071
Total liabilities	1,236,212	838,184
Shareholders' Equity
Common shares, $.001 par value, authorized 100,000,000 shares; issued and outstanding 55,448,856 and 52,482,598 shares, respectively	55	52
Additional paid-in capital	660,160	581,925
Accumulated other comprehensive loss	(746)	(4,307)
Retained earnings	38,294	45,127
Total shareholders’ equity	697,763	622,797
Noncontrolling interests	415,393	447,459
Total equity	1,113,156	1,070,256
Total liabilities and equity	$ 2,349,368	$ 1,908,440