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CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Allowance for credit losses $ 1,279 [1] $ 898
Common shares, par value (in dollars per share) $ 0.001 $ 0.001
Common shares, authorized (in shares) 200,000,000 200,000,000
Common shares, issued (in shares) 95,361,676 95,120,773
Common shares, outstanding (in shares) 95,361,676 95,120,773
Operating real estate, net $ 3,517,281 $ 3,343,265
Real estate under development 94,799 184,602
Investments in and advances to unconsolidated affiliates 197,240 291,156
Other assets, net 208,460 229,591
Right-of-use assets - operating leases, net 29,286 37,281
Cash and cash equivalents 17,481 17,158
Restricted cash 7,813 15,063
Rents receivable, net 49,504 49,506
Mortgage and other notes payable, net 930,127 928,639
Unsecured notes payable, net 726,727 696,134
Accounts payable and other liabilities 229,375 196,491
Lease liability - operating leases 31,580 35,271
VIE    
Operating real estate, net 1,679,779 1,466,381
Real estate under development 28,851 129,888
Investments in and advances to unconsolidated affiliates 92,802 210,922
Other assets, net 101,679 98,675
Right-of-use assets - operating leases, net 2,112 2,535
Cash and cash equivalents 10,787 13,330
Restricted cash 7,048 14,995
Rents receivable, net 21,427 17,915
Mortgage and other notes payable, net 764,614 761,166
Unsecured notes payable, net 80,473 51,202
Accounts payable and other liabilities 127,162 95,385
Lease liability - operating leases $ 2,213 $ 2,657
[1] The aggregate carrying amount of notes receivable included above for Federal income tax purposes was approximately $126.2 million as of December 31, 2023.