CONSOLIDATED BALANCE SHEETS (USD $) In Thousands, unless otherwise specified	Mar. 31, 2012	Dec. 31, 2011
ASSETS
Land	$ 303,538	$ 285,622
Building and improvements	1,022,663	958,995
Construction in progress	11,742	7,483
Real Estate Investment Property, at Cost	1,337,943	1,252,100
Less: accumulated depreciation	188,243	180,796
Net operating real estate	1,149,700	1,071,304
Real estate under development	227,703	219,645
Notes receivable, net	77,180	59,989
Investments in and advances to unconsolidated affiliates	85,099	84,568
Cash and cash equivalents	49,670	89,812
Cash in escrow	18,701	20,969
Rents receivable, net	25,829	26,415
Deferred charges, net	26,016	25,854
Acquired lease intangibles, net	25,767	26,721
Prepaid expenses and other assets	39,289	26,667
Accounts receivable from related party	1,782	1,375
Total assets	1,726,736	1,653,319
LIABILITIES
Mortgage notes payable	811,700	787,910
Convertible notes payable	930	930
Distributions in excess of income from, and investments in, unconsolidated affiliates	21,863	21,710
Accounts payable and accrued expenses	34,705	39,647
Dividends and distributions payable	8,097	7,914
Acquired lease and other intangibles, net	5,173	5,462
Other liabilities	20,929	20,437
Total liabilities	903,397	884,010
Shareholders’ equity
Common shares, $.001 par value, authorized 100,000,000 shares; issued and outstanding 43,572,025 and 42,586,376 shares, respectively	44	43
Additional paid-in capital	368,978	348,667
Accumulated other comprehensive loss	(3,319)	(3,913)
Retained earnings	35,519	39,317
Total shareholders’ equity	401,222	384,114
Noncontrolling interests	422,117	385,195
Total equity	823,339	769,309
Total liabilities and equity	$ 1,726,736	$ 1,653,319