Financial Highlights
2019 FQ3 YTD
9/30/2019
2018 FY
12/31/2018
2017 FY
12/31/2017
2016 FY
12/31/2016
2015 FY
12/31/2015
Real Estate Assets ($000)
Total Gross Loans 0 0 0 0 0
Gross Depreciable Property 1,062,980 1,034,434 1,088,321 865,230 757,535
Total Accumulated Depreciation 131,508 113,300 129,939 107,052 88,658
Net Property Investment 931,472 921,134 958,382 758,178 668,877
Investment in Partnerships 26,423 26,236 4,095 0 0
Total Nondepreciable Real Estate NA 17,804 60,038 54,874 77,081
Investment in Real Estate before Reserves 957,895 965,174 1,022,515 813,052 745,958
Loan Loss Reserve 0 0 0 0 0
Net Real Estate Investment 957,895 965,174 1,022,515 813,052 745,958
Non Real Estate Assets ($000)
Cash and Cash Equivalents 5,539 13,658 5,005 4,168 2,587
Total Securities 0 0 32 517 435
Total Intangible Assets 0 0 0 0 0
Current Inventories 0 0 0 0 0
Deferred Tax Asset 0 0 0 0 0
Restricted Cash 8,269 8,339 8,121 6,676 6,789
Accounts Receivable 28,272 27,697 21,140 5,714 3,847
Total Other Assets 11,785 14,004 13,355 25,082 22,469
Total Assets 1,011,760 1,028,872 1,070,168 855,209 782,085
Liabilities ($000)
Total Debt 622,438 618,205 659,068 544,020 497,955
Deficit Partnerships 0 0 0 0 0
Advanced Rents & Security Deposits 6,440 6,130 5,694 6,125 5,254
Deferred Revenue 0 0 0 0 0
Deferred Tax Liability 0 0 0 0 0
Redeemable Partnership Units 0 0 0 0 0
Minority Interest (FASB 150) 0 0 0 0 0
Total Other Liabilities 50,125 45,387 47,002 37,421 31,885
Total Liabilities 679,003 669,722 711,764 587,566 535,094
Mezzanine ($000)
Redeemable Preferred 0 0 0 0 0
Trust Preferred Securities 0 0 0 0 0
Minority Interest in OP 0 0 0 0 0
Other Minority Interest 0 0 0 0 0
Preferred OP Minority Interest 0 0 0 0 0
Other Mezzanine Items 0 0 0 0 0
Total Mezzanine Level Items 0 0 0 0 0
Equity ($000)
Total Preferred Equity 0 0 0 0 0
Common Equity 324,976 350,456 347,604 255,687 242,974
Equity Attributable to Parent Company 324,976 350,456 347,604 255,687 242,974
Noncontrolling Interests in OP 7,781 8,694 10,800 11,941 4,017
Noncontrolling Interests in OP Preferred 0 0 0 0 0
Other Noncontrolling Interests 0 0 0 15 0
Noncontrolling Interests 7,781 8,694 10,800 11,956 4,017
Total Equity 332,757 359,150 358,404 267,643 246,991
Common Shares Outstanding(actual) 40,517,569 39,778,029 39,221,773 29,468,563 26,991,493
Convertible OP Units(actual) 924,543 928,481 1,083,581 1,102,636 497,033
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