Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Real Estate:
Land	$ 669,351	$ 631,185
Buildings and improvements	442,220	409,753
Construction in progress	2,080	2,168
Total real estate held for use, gross	1,113,651	1,043,106
Less accumulated depreciation and amortization	(165,892)	(150,691)
Real estate, net	947,759	892,415
Investment in direct financing leases, net	82,366	85,892
Notes and mortgages receivable	30,855	33,519
Cash and cash equivalents	21,781	46,892
Restricted cash	1,883	1,850
Deferred rent receivable	41,252	37,722
Accounts receivable, net of allowance of $0 and $2,094, respectively	3,063	3,008
Right-of-use assets - operating	21,191
Right-of-use assets - finance	987
Prepaid expenses and other assets	60,640	60,650
Total assets	1,211,777	1,161,948
LIABILITIES AND STOCKHOLDERS’ EQUITY:
Borrowings under credit agreement	20,000	120,000
Senior unsecured notes, net	449,065	324,409
Environmental remediation obligations	50,723	59,821
Dividends payable	15,557	14,495
Lease liability - operating	21,844
Lease liability - finance	4,191
Accounts payable and accrued liabilities	60,958	62,059
Total liabilities	622,338	580,784
Commitments and contingencies
Stockholders’ equity:
Preferred stock, $0.01 par value; 20,000,000 authorized; unissued
Common stock, $0.01 par value; 100,000,000 shares authorized; 41,367,846 and 40,854,491 shares issued and outstanding, respectively	414	409
Additional paid-in capital	656,127	638,178
Dividends paid in excess of earnings	(67,102)	(57,423)
Total stockholders’ equity	589,439	581,164
Total liabilities and stockholders’ equity	$ 1,211,777	$ 1,161,948