Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2017	Dec. 31, 2016
Real Estate:
Land	$ 589,497	$ 474,115
Buildings and improvements	379,785	306,980
Construction in progress	1,682	426
Total real estate held for use, gross	970,964	781,521
Less accumulated depreciation and amortization	(133,353)	(120,576)
Real estate held for use, net	837,611	660,945
Real estate held for sale, net		645
Real estate, net	837,611	661,590
Investment in direct financing leases, net	89,587	92,097
Notes and mortgages receivable	32,366	32,737
Cash and cash equivalents	19,992	12,523
Restricted cash	821	671
Deferred rent receivable	33,610	29,966
Accounts receivable, net of allowance of $1,840 and $2,006, respectively	3,712	4,118
Prepaid expenses and other assets	55,055	43,604
Total assets	1,072,754	877,306
LIABILITIES AND SHAREHOLDERS’ EQUITY:
Borrowings under credit agreement, net	154,502	123,801
Senior unsecured notes, net	224,656	174,743
Environmental remediation obligations	63,565	74,516
Dividends payable	12,846	9,742
Accounts payable and accrued liabilities	63,490	63,586
Total liabilities	519,059	446,388
Commitments and contingencies
Shareholders’ equity:
Preferred stock, $0.01 par value; 10,000,000 and 20,000,000 shares authorized, respectively; unissued
Common stock, $0.01 par value; 60,000,000 and 50,000,000 shares authorized, respectively; 39,696,110 and 34,393,114 shares issued and outstanding, respectively	397	344
Additional paid-in capital	604,872	485,659
Dividends paid in excess of earnings	(51,574)	(55,085)
Total shareholders’ equity	553,695	430,918
Total liabilities and shareholders’ equity	$ 1,072,754	$ 877,306