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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Investment properties    
Land $ 705,798 $ 694,668
Building and other improvements 2,013,451 1,956,117
Construction in progress 9,511 5,889
Total 2,728,760 2,656,674
Less accumulated depreciation (495,211) (461,352)
Net investment properties 2,233,549 2,195,322
Cash, cash equivalents and restricted cash 37,129 99,763
Intangible assets, net 111,647 114,485
Accounts and rents receivable 30,861 35,353
Deferred costs and other assets, net 46,889 42,408
Total assets 2,460,075 2,487,331
Liabilities    
Debt, net 812,217 814,568
Accounts payable and accrued expenses 39,457 44,583
Distributions payable 15,370 14,594
Intangible liabilities, net 30,424 30,344
Other liabilities 27,034 29,198
Total liabilities 924,502 933,287
Commitments and contingencies
Stockholders' Equity    
Preferred stock, $0.001 par value, 40,000,000 shares authorized, none outstanding 0 0
Common stock, $0.001 par value, 146,000,000 shares authorized, 67,917,128 shares issued and outstanding as of June 30, 2024 and 67,807,831 shares issued and outstanding as of December 31, 2023 68 68
Additional paid-in capital 5,473,515 5,468,728
Distributions in excess of accumulated net income (3,959,158) (3,932,826)
Accumulated comprehensive income 21,148 18,074
Total stockholders' equity 1,535,573 1,554,044
Total liabilities and stockholders' equity $ 2,460,075 $ 2,487,331