INVESTMENTS IN REAL ESTATE (Tables)

9 Months Ended

Sep. 30, 2015

INVESTMENTS IN REAL ESTATE

Schedule of investments in real estate

	September 30, 2015			December 31, 2014
	(in thousands)
Land	$	364,966		$	354,035
Land improvements		28,181			28,071
Buildings and improvements		1,507,390			1,501,603
Furniture, fixtures, and equipment		9,087			10,875
Tenant improvements		142,500			131,446
Work in progress		6,380			10,764
Investments in real estate		2,058,504			2,036,794
Accumulated depreciation		(356,394	)		(320,857	)
Net investments in real estate	$	1,702,110		$	1,715,937