| Real estate: |
| Land |
781.11M |
| Construction in progress |
130.39M |
| Buildings, improvements and equipment |
4.54B |
| Total real estate |
5.45B |
| Less: accumulated depreciation |
-1.13B |
| Real estate, net |
4.32B |
| Cash and cash equivalents |
8.09M |
| Cash in escrows |
34.74M |
| Accounts receivable |
15.39M |
| Prepaid expenses |
14.94M |
| Deferred charges |
12.54M |
| Other assets |
4.89M |
| Total assets |
4.41B |
| LIABILITIES AND EQUITY |
| Mortgage notes payable |
2.05B |
| Exchangeable senior notes |
| Line of credit |
169M |
| Accounts payable |
28.87M |
| Accrued interest payable |
11.83M |
| Accrued expenses and other liabilities |
| Security deposits |
18.81M |
| Total liabilities |
2.76B |
| Commitments and contingencies |
| Equity: |
| Common stock, $.01 par value; 80,000,000 shares authorized; 40,927,363 and 37,949,229 shares issued and outstanding at June 30, 2011 and December 31, 2010, respectively |
521K |
| Excess stock, $0.01 par value; 10,000,000 shares authorized; no shares issued or outstanding |
| Additional paid-in capital |
1.74B |
| Distributions in excess of accumulated earnings |
-372.67M |
| Total common stockholders' equity |
1.37B |
| Noncontrolling interest |
272.7M |
| Total equity |
1.64B |
| Total liabilities and equity |
4.41B |
