EXHIBIT 99.2

This presentation contains certain financial information not derived in accordance with the United States generally accepted accounting principles (GAAP). These items include, but are not limited to, earnings before interest, income taxes, depreciation and amortization (EBITDA), EBITDA for real estate (EBITDAre); funds from operations (FFO); adjusted funds from operations (AFFO); interest expense, adjusted; liquidity; net debt; net operating income (NOI); and cash NOI. These measures (and the methodologies used to derive them) may not be comparable to those used by other companies. Refer to the glossary for a detailed explanation of these terms and reconciliations to the most directly comparable GAAP measure, as well as others appearing in the supplement. Management considers each item an important supplemental measure of operating and financial performance and believes they are frequently used by interested parties in the evaluation of real estate investment trusts. These measures should not be considered as alternatives, or superior measures, to net income or loss as an indicator of the company's performance and should be considered only as a supplement to net income or loss and cash flows from operating, investing or financing activities as measures of profitability and/or liquidity, computed in accordance with GAAP. All quarterly information presented in this supplement is unaudited and should be read in conjunction with the company’s audited consolidated financial statements (and the notes thereto) included in the Annual Report on Form 10-K for the year ended December 31, 2021, as filed with the SEC on March 29, 2022. Certain statements contained herein, other than historical fact, may be considered “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and are intended to be covered by the safe harbor provided by the same. These statements are based on management’s current expectations and beliefs and are subject to a number of trends and uncertainties. No forward-looking statement is intended to, nor shall it, serve as a guarantee of future performance. You can identify the forward-looking statements by the use of words such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “outlook,” “plan,” “potential,” “predict,” “project,” “seek,” “should,” “will” and other similar terms and phrases, including references to assumptions and forecasts of future results and to the anticipated development properties. Forward-looking statements are subject to various risks and uncertainties and factors that could cause actual results to differ materially from the company’s expectations, and investors should not rely on forward-looking statements since they involve known and unknown risks, uncertainties and other factors, which are, in some cases, beyond the company’s control and could materially affect the company’s results of operations, financial condition, cash flows, performance or future achievements or events, including those described under the section entitled Part I, Item 1A. “Risk Factors” of the company's 2021 Annual Report on Form 10-K. The company undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise, except as required by law. Disclosures Forward Looking Statements Non-GAAP Measures Unaudited Financial Information Q1 2022 See the glossary for a description of the company's non-GAAP financial and operating metrics. Information About the Sale of the Data Center Properties Prior to the second quarter of 2021, the company operated through two reportable business segments— real estate investments in data centers and healthcare. During the three months ended June 30, 2021, the company's board of directors made a determination to sell the company's data center assets. On May 19, 2021, the company and certain of its wholly-owned subsidiaries entered into a purchase and sale agreement for the sale of up to 29 data center properties, which constituted the entirety of the company's data center segment. On July 22, 2021, the company completed the sale of its 29 data center properties. As of December 31, 2021, the company had no assets or liabilities held for sale related to the data center properties. Operations of the data center properties are classified as income from discontinued operations on the condensed consolidated statements of comprehensive income for the three months ended March 31, 2021.

Section Page Supplemental Information as of March 31, 2022 See the glossary for a description of the company's non-GAAP financial and operating metrics. Corporate Address 1001 Water Street Suite 800 Tampa, FL 33602 Transfer Agent By Regular Mail: Computershare Alternative Investments P.O. Box 43007 Providence, RI 02940-3007 By Overnight Delivery: Computershare Alternative Investments 150 Royall Street, Suite 101 Canton, MA 02021 Contact Information Investor Support 833-404-4107 Miles Callahan, Vice President of Capital Markets and Investor Relations IR@silarealtytrust.com www.silarealtytrust.com Q1 2022 Quarterly Financial Summary .................................................... 3 Financial Statistics and Ratios .................................................... 4 Condensed Consolidated Balance Sheets .................................. 5 Condensed Consolidated Statements of Comprehensive Income ....................................................................................... 6 FFO and AFFO ............................................................................. 7 EBITDA and EBITDAre ................................................................ 8 Net Operating Income (NOI) ...................................................... 9 Same Store NOI and Occupancy Trends .................................... 10 Debt ............................................................................................ 11 Acquisitions and Dispositions .................................................... 12 Property Map ............................................................................. 13 Diversification Statistics ............................................................. 14 Portfolio ..................................................................................... 16 Glossary ...................................................................................... 20

Three Months Ended Financial Results March 31, December 31, September 30, June 30, March 31, 2022 2021 2021 2021 2021 Rental revenue $ 44,282 $ 43,606 $ 43,063 $ 43,747 $ 42,422 Income (loss) from continuing operations $ 1,371 $ 12,077 $ (5,546) $ (249) $ (5,066) Income from discontinued operations $ — $ — $ 377,191 $ 16,305 $ 7,948 Net income attributable to common stockholders $ 1,371 $ 12,077 $ 371,645 $ 16,056 $ 2,882 Net income attributable to common stockholders per diluted share $ 0.01 $ 0.05 $ 1.66 $ 0.07 $ 0.01 EBITDAre $ 34,125 $ 33,632 $ 37,444 $ 59,841 $ 51,406 FFO attributable to common stockholders $ 25,986 $ 29,144 $ 615 $ 46,909 $ 39,267 FFO attributable to common stockholders per diluted share $ 0.12 $ 0.13 $ — $ 0.21 $ 0.18 AFFO attributable to common stockholders $ 28,880 $ 27,747 $ 27,708 $ 44,094 $ 36,143 AFFO attributable to common stockholders per diluted share $ 0.13 $ 0.12 $ 0.12 $ 0.20 $ 0.16 Weighted average shares outstanding - diluted 225,865,366 225,031,906 223,661,774 223,082,912 222,481,179 As of Portfolio Metrics3 March 31, December 31, September 30, June 30, March 31, 2022 2021 2021 2021 2021 Number of properties1,2 126 125 125 154 153 Rentable square feet (in thousands) 5,335 5,245 5,298 8,595 8,542 Weighted average rent escalation 2.2% 2.3% 2.3% 2.4% 2.4% Weighted average occupancy 99.4% 99.5% 96.0% 93.3% 93.3% Weighted average remaining lease term 9.5 years 9.5 years 9.8 years 9.3 years 9.4 years The following tables summarize the company's quarterly financial results and portfolio metrics. 3 Page Quarterly Financial Summary (dollars in thousands, except share data and per share amounts) See the glossary for a description of the company's non-GAAP financial and operating metrics. Q1 2022 (1) Includes one development property as of December 31, 2021, September 30, 2021, June 30, 2021 and March 31, 2021. (2) Excludes two undeveloped land parcels as of March 31, 2022. Excludes two undeveloped land parcels and one land parcel held for sale as of December 31, 2021. (3) Data as of June 30, 2021 and March 31, 2021 includes data center properties that were sold on July 22, 2021.

Three Months Ended Adjusted Interest Coverage Ratio March 31, December 31, September 30, June 30, March 31, 2022 2021 2021 2021 2021 Interest expense, adjusted6 $ 8,188 $ 5,766 $ 37,386 $ 13,377 $ 13,208 EBITDA 27,474 33,718 425,761 50,574 40,979 Adjusted interest coverage ratio 3.4 x 5.8 x 11.4 x 3.8 x 3.1 x As of Net Debt Ratios March 31, December 31, September 30, June 30, March 31, 2022 2021 2021 2021 2021 Principal debt outstanding $ 485,000 $ 500,000 $ 520,000 $ 1,404,184 $ 1,390,298 Less: cash and cash equivalents 19,563 32,359 75,363 47,921 51,039 Net debt 465,437 467,641 444,637 1,356,263 1,339,259 EBITDAre annualized2 136,500 134,528 149,776 228,328 205,624 Net debt to EBITDAre ratio 3.4 x 3.5 x 3.0 x 5.9 x 6.5 x Net debt $ 465,437 $ 467,641 $ 444,637 $ 1,356,263 $ 1,339,259 Fair market value of real estate investments 2,301,068 2,316,342 2,282,706 3,550,273 3,259,303 Net debt leverage ratio 20.2 % 20.2 % 19.5 % 38.2 % 41.1 % Financial Metrics March 31, 2022 Other Key Metrics March 31, 2022 Net debt leverage ratio 20.2 % Total real estate investment $ 2,219,621 Net debt to EBITDAre ratio 3.4 x Net asset value per share4,5 $ 8.20 Adjusted interest coverage ratio 3.4 x Class A annualized distribution per share $ 0.40 Liquidity3 $ 334,563 Class I annualized distribution per share $ 0.40 Class T annualized distribution per share $ 0.40 Class T2 annualized distribution per share $ 0.32 Financial Statistics and Ratios1 (dollars in thousands, except per share amounts) See the glossary for a description of the company's non-GAAP financial and operating metrics. 4 Page (1) Data for the three months ended September 30, 2021, June 30, 2021 and March 31, 2021 includes data center properties that were sold on July 22, 2021. (2) EBITDAre is annualized based on actual quarter EBITDAre. (3) Liquidity represents cash and cash equivalents of $19.6 million and borrowing base availability on the company’s credit facility of $315.0 million as of March 31, 2022. (4) The estimated net asset value per share was calculated as of May 31, 2021. (5) On July 20, 2021, the company's board of directors approved an updated estimated net asset value per share, of $9.95 of the company's common stock as of May 31, 2021. The special cash distribution reduces the estimated net asset value per share by $1.75, resulting in a new estimated net asset value per share of $8.20, effective July 26, 2021. (6) Interest expense, adjusted, for the three months ended March 31, 2022, includes debt extinguishment costs of $3.4 million in connection with the pay-off of our prior credit facility and entering into a new credit facility. Interest expense, adjusted, for the three months ended September 30, 2021, includes one-time costs associated with the sale of the data center portfolio, inclusive of defeasance and other loan costs in the amount of $26.1 million. Q1 2022

(Unaudited) March 31, 2022 December 31, 2021 ASSETS Real estate: Land $ 164,679 $ 163,992 Buildings and improvements, less accumulated depreciation of $173,407 and $165,784, respectively 1,663,679 1,648,685 Construction in progress — 14,628 Total real estate, net 1,828,358 1,827,305 Cash and cash equivalents 19,563 32,359 Acquired intangible assets, less accumulated amortization of $74,373 and $71,067, respectively 177,084 181,639 Goodwill 23,006 23,284 Right-of-use assets - operating leases 25,230 21,737 Right-of-use assets - finance lease 2,291 2,296 Other assets, net 77,599 66,365 Assets held for sale, net — 22,570 Total assets $ 2,153,131 $ 2,177,555 LIABILITIES AND STOCKHOLDERS’ EQUITY Liabilities: Credit facility, net of deferred financing costs of $681 and $3,226, respectively 484,319 496,774 Accounts payable and other liabilities 28,967 39,597 Acquired intangible liabilities, less accumulated amortization of $4,808 and $4,444, respectively 12,598 12,962 Operating lease liabilities 27,436 23,758 Finance lease liabilities 2,637 2,636 Liabilities held for sale, net — 698 Total liabilities 555,957 576,425 Stockholders’ equity: Preferred stock, $0.01 par value per share, 100,000,000 shares authorized; none issued and outstanding — — Common stock, $0.01 par value per share, 510,000,000 shares authorized; 239,006,914 and 238,226,119 shares issued, respectively; 224,616,042 and 224,179,939 shares outstanding, respectively 2,246 2,242 Additional paid-in capital 2,008,481 2,004,404 Accumulated distributions in excess of earnings (421,561) (400,669) Accumulated other comprehensive income (loss) 8,008 (4,847) Total stockholders’ equity 1,597,174 1,601,130 Total liabilities and stockholders’ equity $ 2,153,131 $ 2,177,555 Condensed Consolidated Balance Sheets (dollars in thousands, except share data) See the glossary for a description of the company's non-GAAP financial and operating metrics. 5 Page Q1 2022

Three Months Ended March 31, 2022 2021 Revenue: Rental revenue $ 44,282 $ 42,422 Expenses: Rental expenses 3,025 3,214 General and administrative expenses 6,856 6,623 Depreciation and amortization 17,988 18,224 Impairment loss on real estate 7,109 10,423 Impairment loss on goodwill 278 240 Total expenses 35,256 38,724 Gain on real estate disposition 460 — Income from operations 9,486 3,698 Interest and other expense, net 8,115 8,764 Income (loss) from continuing operations 1,371 (5,066) Income from discontinued operations — 7,948 Net income attributable to common stockholders $ 1,371 $ 2,882 Other comprehensive income: Unrealized income on interest rate swaps, net $ 12,855 $ 5,792 Other comprehensive income 12,855 5,792 Comprehensive income attributable to common stockholders $ 14,226 $ 8,674 Weighted average number of common shares outstanding: Basic 224,499,307 222,481,179 Diluted 225,865,366 222,481,179 Net income (loss) per common share attributable to common stockholders: Basic: Continuing operations $ 0.01 $ (0.02) Discontinued operations — 0.03 Net income attributable to common stockholders $ 0.01 $ 0.01 Diluted: Continuing operations $ 0.01 $ (0.02) Discontinued operations — 0.03 Net income attributable to common stockholders $ 0.01 $ 0.01 Distributions declared per common share $ 0.10 $ 0.12 Condensed Consolidated Statements of Comprehensive Income (unaudited; dollars in thousands, except share data and per share amounts) See the glossary for a description of the company's non-GAAP financial and operating metrics. 6 Page Q1 2022

Three Months Ended March 31, 2022 2021 Net income attributable to common stockholders $ 1,371 $ 2,882 Adjustments: Depreciation and amortization1 17,966 25,962 Gain on real estate disposition from continuing operations (460) — Impairment loss on real estate 7,109 10,423 FFO attributable to common stockholders $ 25,986 $ 39,267 Adjustments: Amortization of intangible assets and liabilities2 119 (613) Amortization of operating leases and finance lease 254 269 Straight-line rent adjustments3 (2,510) (4,626) Amortization of discount of deferred liability — 54 Impairment loss on goodwill4 278 240 Loss on debt extinguishment 3,367 — Amortization of deferred financing costs 490 996 Stock-based compensation 896 556 AFFO attributable to common stockholders $ 28,880 $ 36,143 Weighted average common shares outstanding - basic 224,499,307 222,481,179 Weighted average common shares outstanding - diluted 225,865,366 222,481,179 Weighted average common shares outstanding - diluted for FFO and AFFO 225,865,366 223,420,969 Net income per common share - basic $ 0.01 $ 0.01 Net income per common share - diluted $ 0.01 $ 0.01 FFO per common share - basic $ 0.12 $ 0.18 FFO per common share - diluted $ 0.12 $ 0.18 AFFO per common share - basic $ 0.13 $ 0.16 AFFO per common share - diluted $ 0.13 $ 0.16 (dollars in thousands, except share data and per share amounts) FFO and AFFO See the glossary for a description of the company's non-GAAP financial and operating metrics. 7 Page (1) During the three months ended March 31, 2022 and 2021, the company wrote off in-place lease intangible assets in the amounts of approximately $0.4 million and $1.1 million, respectively, by accelerating the amortization of the acquired intangible assets. (2) Under GAAP, certain intangibles are accounted for at cost and reviewed for impairment. However, because real estate values and market lease rates historically rise or fall with market conditions, management believes that by excluding charges related to amortization of these intangibles, AFFO provides useful supplemental information on the performance of the real estate. (3) Under GAAP, rental revenue is recognized on a straight-line basis over the terms of the related lease (including rent holidays, if applicable). This may result in income recognition that is significantly different than the underlying contract terms. During the three months ended March 31, 2022 and 2021, the company wrote off approximately $0.0 million and $0.1 million, respectively, of straight-line rent. By adjusting for the change in straight-line rent receivable, AFFO may provide useful supplemental information on the realized economic impact of lease terms, providing insight on the expected contractual cash flows of such lease terms, and aligns with the company's analysis of operating performance. (4) During the three months ended March 31, 2022, the company wrote off goodwill related to one reporting unit in the amount of approximately $0.3 million and during the three months ended March 31, 2021, the company wrote off goodwill related to one reporting unit in the amount of approximately $0.2 million. The reporting units were originally recognized as a part of the internalization transaction on September 30, 2020. The company believes that adjusting for such non-recurring items provides useful supplemental information because such adjustments may not be reflective of ongoing operations and aligns with its analysis of operating performance. Q1 2022

Three Months Ended March 31, 2022 2021 Net income attributable to common stockholders $ 1,371 $ 2,882 Adjustments: Interest and other expense, net2 8,115 12,130 Depreciation and amortization 17,988 25,967 EBITDA $ 27,474 $ 40,979 Gain on real estate disposition from continuing operations (460) — Impairment loss on real estate 7,109 10,423 Cash deposits interest 2 4 EBITDAre $ 34,125 $ 51,406 EBITDA and EBITDAre1 (dollars in thousands) See the glossary for a description of the company's non-GAAP financial and operating metrics. 8 Page Q1 2022 (1) Data for the three months ended March 31, 2021 includes the 29 data center properties sold on July 22, 2021. (2) Includes debt extinguishment costs of $3.4 million for the three months ended March 31, 2022, in connection with the pay-off of our prior credit facility and entering into a new credit facility.

Cash Net Operating Income Three Months Ended March 31, 2022 2021 Rental revenue $ 44,282 $ 42,422 Rental expenses (3,025) (3,214) Net operating income 41,257 39,208 Adjustments: Straight-line rent adjustments (2,510) (3,409) Amortization of above- and below-market leases, net 119 124 Amortization of operating leases 125 176 Cash NOI $ 38,991 $ 36,099 Cash NOI margin 88.1 % 85.1 % Cash NOI yield2 7.0 % 6.6 % Net Operating Income (NOI)1 (dollars in thousands) See the glossary for a description of the company's non-GAAP financial and operating metrics. 9 Page (1) Attributable to continuing operations. (2) Calculated using annualized NOI for the three months ended March 31, 2022 and March 31, 2021, respectively, to weighted average total real estate investment since inception. Q1 2022

119 Properties1 Same Store NOI and Occupancy Trends See the glossary for a description of the company's non-GAAP financial and operating metrics. 10 Page (1) Each quarter's results are based on properties owned and operated as of January 1, 2021, and excludes the 29 data center properties that were sold on July 22, 2021. Q1 2022 N et O pe ra ti ng In co m e End of Period O ccupancy $39.1 $39.3 $39.3 $39.4 $39.3 99.6% 99.6% 99.6% 99.6% 99.6% 1Q21 2Q21 3Q21 4Q21 1Q22 $0M $9M $18M $27M $36M $45M 40% 50% 60% 70% 80% 90% 100%

$300M $100M $85M 2022 2023 2024 2025 2026 2027+ $0M $100M $200M $300M $400M Unsecured Credit Facility Key Covenants Required Actual Ratio of total indebtedness to total gross asset value ≤ 60.0% 21.4 % Ratio of secured indebtedness to total gross asset value ≤ 30.0% 0.0 % Ratio of adjusted EBITDA to fixed charges ≥ 1.50x 8.27x The table above includes a summary of key financial covenants for the company's credit facility, as defined and calculated per the terms of the facility's credit agreements. These calculations, which are not based on GAAP measurements, are presented to investors to show that the company is in compliance with the covenants and are not measures of the company's liquidity or performance. Debt Summary Fixed rate debt Amount Rate1 % of Total Revolving line of credit, fixed through interest rate swaps 100.0 2.8 % 20.6 % Credit facility term loans, fixed through interest rate swaps 300.0 2.8 % 61.9 % Total fixed rate debt 400.0 2.8 % 82.5 % Variable rate debt2 Revolving line of credit 85.0 1.6 % 17.5 % Total variable rate debt 85.0 1.6 % 17.5 % Total principal debt $ 485.0 2.6 % 100.0 % Debt (dollars in millions) Debt Maturities See the glossary for a description of the company's non-GAAP financial and operating metrics. 11 Page (1) Weighted average interest rate as of March 31, 2022. (2) Term SOFR plus an applicable margin based on the company's credit agreements. Credit Facility Revolver - VariableCredit Facility Term Loan - Fixed Through Swaps Credit Facility Revolver - Fixed Through Swaps Q1 2022

Acquisitions and Dispositions See the glossary for a description of the company's non-GAAP financial and operating metrics. 12 Page Q1 2022 2022 Acquisitions Date Acquired Property Rentable Square Feet Market State Acquisition Price (in thousands) 03/10/2022 Yukon Healthcare Facility 45,624 Yukon OK $ 19,554 2022 Dispositions Date Disposed Property Rentable Square Feet1 Market State Sale Price (in thousands) Net Proceeds (in thousands) 02/10/2022 Houston Healthcare Facility II — Houston TX $ 24,000 $ 22,701 On May 12, 2022, the company purchased one healthcare property, or the Pleasant Hills Healthcare Facility, for an aggregate purchase price of approximately $14,041,000. The Pleasant Hills Healthcare Facility is in the Pittsburgh market of Pennsylvania and is composed of approximately 33,712 rentable square feet. (1) On August 30, 2021, the company entered into a purchase and sale agreement for the sale of the Houston Healthcare Facility II, which was vacant. The purchase and sale agreement required that the structures on the property be demolished prior to the sale. The structures on the property were demolished and the property consisted solely of land as of December 31, 2021.

Property Map (as of March 31, 2022) See the glossary for a description of the company's non-GAAP financial and operating metrics. 13 Page Q1 2022

11.0% 7.8% 7.3% 5.5% 4.6% 4.1% 3.8% 3.3% 2.7% 2.5% Houston Dallas Oklahoma City San Antonio Philadelphia Akron Des Moines Riverside Austin Tucson Total Statistics As of March 31, 2022 2021 Rentable square feet 5,335,484 5,244,077 Number of properties1,2 126 124 Weighted average annualized base rent per leased square foot $30.07 $29.30 Weighted average remaining lease term 9.5 years 10.2 years Weighted average occupancy 99.4 % 96.1 % Top 10 Markets3 As of March 31, 2022 As of March 31, 2021 Rentable Square Feet % Leased5 Rentable Square Feet % Leased5 Houston 490,742 100.0 % 593,111 84.1 % Dallas 312,590 100.0 % 373,990 83.6 % Oklahoma City 479,137 100.0 % 433,513 100.0 % San Antonio 293,782 100.0 % 293,782 100.0 % Philadelphia 122,356 100.0 % 122,356 100.0 % Akron 191,269 100.0 % 191,269 100.0 % Des Moines 244,548 100.0 % 111,931 100.0 % Riverside 73,643 100.0 % 73,643 100.0 % Austin 125,271 100.0 % 125,271 100.0 % Tucson 159,614 96.1 % 114,922 100.0 % Total 2,492,952 99.7 % 2,433,788 93.6 % Top 10 Markets3,4 Real Estate Diversification6 See the glossary for a description of the company's non-GAAP financial and operating metrics. 14 Page (1) Includes one development property as of March 31, 2021. (2) Excludes two undeveloped land parcels as of March 31, 2022. (3) Based on annualized March 2022 base rent. (4) Represents each market's annualized March 2022 base rent as a percentage of total market annualized March 2022 base rent. (5) Weighted average occupancy based on rentable square feet. (6) Data as of March 31, 2021 excludes the 29 data center properties that were sold on July 22, 2021. Q1 2022

14.2% 6.1% 55.1% 24.6% 37.1% 23.3% 26.6% 11.5% 1.5% 89.7% 90.6% 10.3% 9.4% Number of Properties Annualized Base Rent (March 2022) A nn ua liz ed B as e Re nt Square Feet 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 Thereafter $0M $10M $20M $30M $40M $50M $60M $70M $80M 0.0M 0.5M 1.0M 1.5M 2.0M 2.5M 15.3% 8.2% 7.8% 6.8% 6.4% 5.8% 5.6% 4.4% 3.4% 3.3% Post Acute Medical, LLC and affiliates Board of Regents of the Univ. of Texas System Baylor Scott and White Health Confidential Tenant #11 Select Medical Holdings Corporation Confidential Tenant #10 Genesis Care Pty Ltd Surgery Partners, Inc. Confidential Tenant #9 Confidential Tenant #4 Property Diversification1Tenant Diversification1,2 Real Estate Diversification Lease Expirations Single/Multi-Tenant Breakdown See the glossary for a description of the company's non-GAAP financial and operating metrics. 15 Page (1) Based on annualized March 2022 base rent. (2) Includes tenants under common control. (3) Based on rental revenue for the three months ended March 31, 2022. (4) All credit ratings are from major credit rating agencies. Parent credit rating is used where tenant is not rated. (5) Excludes two undeveloped land parcels. Annualized Base Rent (March 2022) Expiring Leased Square Feet Medical Office Building Inpatient Rehabilitation Facility Acute Care Hospital Long-Term Acute Care Hospital Other Single Tenant Multi-Tenant Q1 2022 Tenant Credit Concentrations3,4 Investment Grade Rated Tenant/ Guarantor Non-Investment Grade Rated Tenant/Guarantor Non-Rated Tenant/Guarantor Non-Rated Tenant/Guarantor affiliated with Investment Grade Rated Partner 5

Market Property Name State Rentable Square Feet Date Acquired Occupancy Property Subtype Akron Akron Healthcare Facility OH 98,705 10/4/2019 100.0 % Medical Office Building Akron Akron Healthcare Facility II OH 38,564 10/4/2019 100.0 % Medical Office Building Akron Akron Healthcare Facility III OH 54,000 10/4/2019 100.0 % Long-Term Acute Care Hospital Alexandria Alexandria Healthcare Facility LA 15,600 10/4/2019 100.0 % Medical Office Building Appleton Appleton Healthcare Facility WI 7,552 10/4/2019 100.0 % Medical Office Building Augusta Augusta Healthcare Facility ME 51,000 7/22/2015 100.0 % Medical Office Building Augusta Oakland Healthcare Facility ME 20,000 7/22/2015 100.0 % Medical Office Building Austin Austin Healthcare Facility TX 66,095 3/31/2017 100.0 % Inpatient Rehabilitation Facility Austin Austin Healthcare Facility II TX 18,275 10/4/2019 100.0 % Medical Office Building Austin Luling Healthcare Facility TX 40,901 7/30/2015 100.0 % Long-Term Acute Care Hospital Beaumont Beaumont Healthcare Facility TX 61,000 3/31/2017 100.0 % Inpatient Rehabilitation Facility Boston Stoughton Healthcare Facility MA 180,744 12/23/2014 100.0 % Long-Term Acute Care Hospital Bremerton Silverdale Healthcare Facility WA 26,127 8/25/2017 100.0 % Medical Office Building Bremerton Silverdale Healthcare Facility II WA 19,184 9/20/2017 100.0 % Medical Office Building Brownsville Harlingen Healthcare Facility TX 38,111 10/4/2019 100.0 % Medical Office Building Chicago Aurora Healthcare Facility IL 24,722 3/30/2017 100.0 % Medical Office Building Cincinnati Cincinnati Healthcare Facility OH 14,868 10/29/2014 100.0 % Medical Office Building Cincinnati Cincinnati Healthcare Facility II OH 139,428 7/22/2015 100.0 % Medical Office Building Cincinnati Cincinnati Healthcare Facility III OH 41,600 7/22/2015 100.0 % Medical Office Building Cincinnati Florence Healthcare Facility KY 41,600 7/22/2015 100.0 % Medical Office Building Corpus Christi Corpus Christi Healthcare Facility TX 25,102 12/22/2016 100.0 % Medical Office Building Dallas Allen Healthcare Facility TX 42,627 3/31/2017 100.0 % Inpatient Rehabilitation Facility Dallas Carrollton Healthcare Facility TX 21,990 4/27/2018 100.0 % Medical Office Building Dallas Dallas Healthcare Facility TX 62,390 10/4/2019 100.0 % Acute Care Hospital Dallas Fort Worth Healthcare Facility TX 83,464 12/31/2014 100.0 % Acute Care Hospital Dallas Fort Worth Healthcare Facility II TX 8,268 12/31/2014 100.0 % Medical Office Building Dallas Fort Worth Healthcare Facility III TX 36,800 12/23/2015 100.0 % Medical Office Building Dallas Frisco Healthcare Facility TX 57,051 10/4/2019 100.0 % Inpatient Rehabilitation Facility Denver Denver Healthcare Facility CO 131,210 10/4/2019 100.0 % Long-Term Acute Care Hospital Des Moines Clive Healthcare Facility IA 58,156 11/26/2018 100.0 % Medical Office Building Des Moines Clive Healthcare Facility II IA 63,224 12/8/2021 100.0 % Medical Office Building Des Moines Clive Healthcare Facility III IA 33,974 12/8/2021 100.0 % Medical Office Building Des Moines Clive Healthcare Facility IV IA 35,419 12/8/2021 100.0 % Medical Office Building Des Moines Clive Undeveloped Land IA — 12/8/2021 — % Undeveloped Land Des Moines Clive Undeveloped Land II IA — 12/8/2021 — % Undeveloped Land Des Moines Grimes Healthcare Facility IA 14,669 2/19/2020 100.0 % Medical Office Building Des Moines Indianola Healthcare Facility IA 18,116 9/26/2018 100.0 % Medical Office Building Des Moines Indianola Healthcare Facility II IA 20,990 9/26/2018 100.0 % Medical Office Building Destin Crestview Healthcare Facility FL 5,685 10/4/2019 100.0 % Medical Office Building Destin Fort Walton Beach Healthcare Facility FL 9,017 10/4/2019 100.0 % Medical Office Building Portfolio See the glossary for a description of the company's non-GAAP financial and operating metrics. 16 Page Q1 2022

Portfolio (Continued) Market Property Name State Rentable Square Feet Date Acquired Occupancy Property Subtype Destin Santa Rosa Beach Healthcare Facility FL 5,000 10/4/2019 100.0 % Medical Office Building Elkhart Goshen Healthcare Facility IN 15,462 10/4/2019 100.0 % Medical Office Building Fayetteville Fayetteville Healthcare Facility AR 55,740 10/4/2019 100.0 % Acute Care Hospital Fort Myers Bonita Springs Healthcare Facility FL 9,800 10/4/2019 100.0 % Medical Office Building Fort Myers Fort Myers Healthcare Facility FL 32,148 10/4/2019 100.0 % Medical Office Building Fort Myers Fort Myers Healthcare Facility II FL 47,089 10/4/2019 100.0 % Medical Office Building Fort Myers Lehigh Acres Healthcare Facility FL 5,746 10/4/2019 100.0 % Medical Office Building Grand Rapids Grand Rapids Healthcare Facility MI 107,781 12/7/2016 76.1 % Medical Office Building Green Bay Bellevue Healthcare Facility WI 5,838 10/4/2019 100.0 % Medical Office Building Green Bay De Pere Healthcare Facility WI 7,100 10/4/2019 100.0 % Medical Office Building Green Bay Howard Healthcare Facility WI 7,552 10/4/2019 100.0 % Medical Office Building Green Bay Manitowoc Healthcare Facility WI 7,987 10/4/2019 100.0 % Medical Office Building Green Bay Manitowoc Healthcare Facility II WI 36,090 10/4/2019 100.0 % Medical Office Building Green Bay Marinette Healthcare Facility WI 4,178 10/4/2019 100.0 % Medical Office Building Green Bay Sturgeon Bay Healthcare Facility WI 3,100 10/4/2019 100.0 % Medical Office Building Hammond Hammond Healthcare Facility LA 63,000 10/4/2019 100.0 % Acute Care Hospital Hammond Hammond Healthcare Facility II LA 23,835 10/4/2019 100.0 % Long-Term Acute Care Hospital Houston Houston Healthcare Facility TX 13,645 7/31/2014 100.0 % Medical Office Building Houston Houston Healthcare Facility III TX 16,217 10/4/2019 100.0 % Medical Office Building Houston Katy Healthcare Facility TX 34,296 6/8/2018 100.0 % Other Houston Webster Healthcare Facility TX 53,514 6/5/2015 100.0 % Inpatient Rehabilitation Facility Houston Webster Healthcare Facility II TX 373,070 10/4/2019 100.0 % Acute Care Hospital Indianapolis Greenwood Healthcare Facility IN 53,560 4/19/2021 100.0 % Inpatient Rehabilitation Facility Jacksonville Jacksonville Healthcare Facility FL 13,082 10/4/2019 100.0 % Medical Office Building Kansas City Overland Park Healthcare Facility KS 54,568 2/17/2015 100.0 % Inpatient Rehabilitation Facility Lafayette Lafayette Healthcare Facility LA 73,824 10/4/2019 100.0 % Acute Care Hospital Lakeland Winter Haven Healthcare Facility FL 7,560 1/27/2015 100.0 % Medical Office Building Laredo Laredo Healthcare Facility TX 61,677 9/19/2019 100.0 % Medical Office Building Laredo Laredo Healthcare Facility II TX 118,132 9/19/2019 100.0 % Medical Office Building Las Vegas Henderson Healthcare Facility NV 6,685 10/4/2019 100.0 % Medical Office Building Las Vegas Las Vegas Healthcare Facility NV 56,220 6/24/2016 100.0 % Inpatient Rehabilitation Facility Las Vegas Las Vegas Healthcare Facility II NV 6,963 10/4/2019 100.0 % Medical Office Building Lexington Frankfort Healthcare Facility KY 4,000 10/4/2019 100.0 % Medical Office Building Little Rock Benton Healthcare Facility AR 104,419 10/17/2018 100.0 % Medical Office Building Little Rock Benton Healthcare Facility II AR 11,350 10/17/2018 100.0 % Medical Office Building Little Rock Bryant Healthcare Facility AR 23,450 10/17/2018 100.0 % Medical Office Building See the glossary for a description of the company's non-GAAP financial and operating metrics. 17 Page Q1 2022

Portfolio (Continued) Market Property Name State Rentable Square Feet Date Acquired Occupancy Property Subtype Little Rock Bryant Healthcare Facility II AR 16,425 8/16/2019 100.0 % Medical Office Building Little Rock Hot Springs Healthcare Facility AR 8,573 10/17/2018 100.0 % Medical Office Building Los Angeles El Segundo Healthcare Facility CA 12,163 10/4/2019 100.0 % Medical Office Building Lubbock Lubbock Healthcare Facility TX 102,143 10/4/2019 100.0 % Acute Care Hospital Martinsburg Fairlea Healthcare Facility WV 5,200 10/4/2019 100.0 % Medical Office Building New Orleans Covington Healthcare Facility LA 43,250 10/4/2019 100.0 % Long-Term Acute Care Hospital Oklahoma City Edmond Healthcare Facility OK 17,700 1/20/2016 100.0 % Medical Office Building Oklahoma City Newcastle Healthcare Facility OK 7,424 2/3/2016 100.0 % Medical Office Building Oklahoma City Oklahoma City Healthcare Facility OK 94,076 12/29/2015 100.0 % Acute Care Hospital Oklahoma City Oklahoma City Healthcare Facility II OK 41,394 12/29/2015 100.0 % Medical Office Building Oklahoma City Oklahoma City Healthcare Facility III OK 5,000 1/27/2016 100.0 % Medical Office Building Oklahoma City Oklahoma City Healthcare Facility IV OK 8,762 1/27/2016 100.0 % Medical Office Building Oklahoma City Oklahoma City Healthcare Facility V OK 43,676 2/11/2016 100.0 % Medical Office Building Oklahoma City Oklahoma City Healthcare Facility VI OK 14,676 3/7/2016 100.0 % Medical Office Building Oklahoma City Oklahoma City Healthcare Facility VII OK 102,978 6/22/2016 100.0 % Acute Care Hospital Oklahoma City Oklahoma City Healthcare Facility VIII OK 62,857 6/30/2016 100.0 % Acute Care Hospital Oklahoma City Oklahoma City Healthcare Facility IX OK 34,970 10/4/2019 100.0 % Medical Office Building Omaha Omaha Healthcare Facility NE 40,402 10/14/2015 100.0 % Other Oshkosh Oshkosh Healthcare Facility WI 8,717 10/4/2019 100.0 % Medical Office Building Philadelphia Marlton Healthcare Facility NJ 89,139 11/1/2016 100.0 % Inpatient Rehabilitation Facility Philadelphia Wyomissing Healthcare Facility PA 33,217 7/24/2015 100.0 % Acute Care Hospital Pittsburgh Clarion Healthcare Facility PA 33,000 6/1/2015 100.0 % Medical Office Building Poplar Bluff Poplar Bluff Healthcare Facility MO 71,519 9/19/2019 100.0 % Medical Office Building Providence New Bedford Healthcare Facility MA 70,657 10/4/2019 100.0 % Long-Term Acute Care Hospital Providence North Smithfield Healthcare Facility RI 92,944 10/4/2019 100.0 % Inpatient Rehabilitation Facility Riverside Palm Desert Healthcare Facility CA 6,963 10/4/2019 100.0 % Medical Office Building Riverside Rancho Mirage Healthcare Facility CA 47,008 3/1/2016 100.0 % Inpatient Rehabilitation Facility Riverside Rancho Mirage Healthcare Facility II CA 7,432 10/4/2019 100.0 % Medical Office Building Riverside Yucca Valley Healthcare Facility CA 12,240 10/4/2019 100.0 % Medical Office Building Saginaw Saginaw Healthcare Facility MI 87,843 12/21/2017 100.0 % Medical Office Building San Antonio New Braunfels Healthcare Facility TX 27,971 10/4/2019 100.0 % Long-Term Acute Care Hospital San Antonio San Antonio Healthcare Facility TX 44,746 6/29/2017 100.0 % Inpatient Rehabilitation Facility San Antonio San Antonio Healthcare Facility III TX 50,000 10/4/2019 100.0 % Inpatient Rehabilitation Facility San Antonio San Antonio Healthcare Facility IV TX 113,136 10/4/2019 100.0 % Inpatient Rehabilitation Facility San Antonio San Antonio Healthcare Facility V TX 57,929 10/4/2019 100.0 % Medical Office Building Sarasota Lakewood Ranch Healthcare Facility FL 10,919 10/4/2019 100.0 % Medical Office Building See the glossary for a description of the company's non-GAAP financial and operating metrics. 18 Page Q1 2022

Portfolio (Continued) Market Property Name State Rentable Square Feet Date Acquired Occupancy Property Subtype Savannah Savannah Healthcare Facility GA 48,184 10/4/2019 100.0 % Long-Term Acute Care Hospital Scranton Wilkes-Barre Healthcare Facility PA 15,996 10/4/2019 100.0 % Medical Office Building Sherman Sherman Healthcare Facility TX 57,576 11/20/2015 100.0 % Acute Care Hospital Sherman Sherman Healthcare Facility II TX 8,055 11/20/2015 100.0 % Medical Office Building St. Louis Bridgeton Healthcare Facility MO 66,914 10/4/2019 100.0 % Inpatient Rehabilitation Facility Tampa Tampa Healthcare Facility FL 33,822 9/8/2020 100.0 % Medical Office Building Tucson Tucson Healthcare Facility AZ 34,009 9/19/2019 100.0 % Medical Office Building Tucson Tucson Healthcare Facility II AZ 60,913 12/26/2019 100.0 % Inpatient Rehabilitation Facility Tucson Tucson Healthcare Facility III AZ 20,000 12/27/2019 100.0 % Medical Office Building Tucson Tucson Healthcare Facility IV1 AZ 44,692 12/22/2020 86.0 % Medical Office Building Valdosta Valdosta Healthcare Facility GA 24,750 11/28/2018 100.0 % Medical Office Building Valdosta Valdosta Healthcare Facility II GA 12,745 11/28/2018 100.0 % Medical Office Building Victoria Victoria Healthcare Facility TX 34,297 10/4/2019 100.0 % Inpatient Rehabilitation Facility Victoria Victoria Healthcare Facility II TX 28,752 10/4/2019 100.0 % Long-Term Acute Care Hospital Winston Winston-Salem Healthcare Facility NC 22,200 12/17/2014 100.0 % Medical Office Building Yukon Yukon Healthcare Facility OK 45,624 3/10/2022 100.0 % Medical Office Building . See the glossary for a description of the company's non-GAAP financial and operating metrics. 19 Page Q1 2022 (1) The company placed the Tucson Healthcare Facility IV into service on February 8, 2022. The property will be 89% leased after an additional lease commences in June 2022.

Annualized Base Rent is the sum of each tenant’s base rent in the last month of the period multiplied by twelve, unless otherwise specified. Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA) and Earnings Before Interest, Taxes, Depreciation and Amortization for Real Estate (EBITDAre) are non-GAAP, supplemental performance measures defined as net income or loss, computed in accordance with GAAP, adjusted for interest expense, income tax expense (benefit), depreciation and amortization. EBITDAre also includes adjustments for impairment write-downs on real estate and gains or losses from the disposition of properties. EBITDA and EBITDAre are definitions promulgated by the National Association of Real Estate Investment Trusts (NAREIT). Each of these metrics are important indicators of the company’s operating performance. The following is a reconciliation of net income attributable to common stockholders, which is the most directly comparable GAAP financial measure, to EBITDA and EBITDAre for the following quarterly periods (amounts in thousands): Fair Market Value of Real Estate Investments is determined as fair market value of real estate-related investments based on the NAV (as defined below) calculated as of May 31, 2021, plus total aggregate cost of real estate investments acquired after that date and capital expenditures incurred on development properties not included in the then current NAV. Three Months Ended March 31, December 31, September 30, June 30, March 31, 2022 2021 2021 2021 2021 Net income attributable to common stockholders $ 1,371 $ 12,077 $ 371,645 $ 16,056 $ 2,882 Adjustments: Interest and other expense, net1 8,115 4,480 36,822 12,922 12,130 Depreciation and amortization 17,988 17,161 17,294 21,596 25,967 EBITDA2 $ 27,474 $ 33,718 $ 425,761 $ 50,574 $ 40,979 Gain on real estate disposition from continuing operations (460) (89) — — — (Gain) loss on real estate dispositions from discontinued operations3 — — (398,560) 2,759 — Impairment loss on real estate 7,109 — 10,241 6,502 10,423 Cash deposits interest 2 3 2 6 4 EBITDAre2 $ 34,125 $ 33,632 $ 37,444 $ 59,841 $ 51,406 Glossary 20 Page Q1 2022 (1) Interest and other expense, net, for the three months ended March 31, 2022, includes debt extinguishment costs of $3.4 million in connection with the pay-off of our prior credit facility and entering into a new credit facility. Interest and other expense, net, for the three months ended September 30, 2021, includes one-time costs associated with the sale of the data center portfolio, inclusive of defeasance and other loan costs in the amount of $26.1 million. (2) Data for the three months ended September 30, 2021, June 30, 2021 and March 31, 2021 includes the 29 data center properties sold on July 22, 2021. (3) Represents gain on real estate dispositions related to the 29 data center properties sold on July 22, 2021. The company recognized a loss of $2.8 million in transaction costs during the three months ended June 30, 2021, resulting in the total gain being higher during the three months ended September 30, 2021.

Three Months Ended March 31, December 31, September 30, June 30, March 31, 2022 2021 2021 2021 2021 Net income attributable to common stockholders $ 1,371 $ 12,077 $ 371,645 $ 16,056 $ 2,882 Adjustments: Depreciation and amortization1 17,966 17,156 17,289 21,592 25,962 (Gain) on real estate disposition from continuing operations (460) (89) — — — (Gain) loss on real estate dispositions from discontinued operations2 — — (398,560) 2,759 — Impairment loss on real estate 7,109 — 10,241 6,502 10,423 FFO attributable to common stockholders $ 25,986 $ 29,144 $ 615 $ 46,909 $ 39,267 Adjustments: Amortization of intangible assets and liabilities 119 141 13 (639) (613) Amortization of operating leases and finance lease 254 186 189 216 269 Straight-line rent adjustments3 (2,510) (3,011) (3,414) (4,452) (4,626) Amortization of discount of deferred liability — — 163 55 54 Impairment loss on goodwill4 278 — — 431 240 Loss on extinguishment of debt 3,367 — 28,751 — — Amortization of deferred financing costs 490 664 754 1,011 996 Stock-based compensation 896 623 637 563 556 AFFO attributable to common stockholders $ 28,880 $ 27,747 $ 27,708 $ 44,094 $ 36,143 The following is a reconciliation of net income attributable to common stockholders, which is the most directly comparable GAAP financial measure, to FFO and AFFO for the following quarterly periods (amounts in thousands): Glossary 21 Page (1) During the three months ended March 31, 2022 and 2021, the company wrote off in-place lease intangible assets in the amount of approximately $0.4 million and $1.1 million, respectively, by accelerating the amortization of the acquired intangible assets. (2) Represents gain on real estate dispositions related to the 29 data center properties sold on July 22, 2021. The company recognized a loss of $2.8 million in transaction costs during the three months ended June 30, 2021, resulting in the total gain being higher during the three months ended September 30, 2021. (3) Under GAAP, rental revenue is recognized on a straight-line basis over the terms of the related lease (including rent holidays if applicable). This may result in income recognition that is significantly different than the underlying contract terms. During the three months ended March 31, 2022 and 2021, the company wrote off approximately $0.0 million and $0.1 million, respectively, of straight-line rent. By adjusting for the change in straight-line rent receivable, AFFO may provide useful supplemental information on the realized economic impact of lease terms, providing insight on the expected contractual cash flows of such lease terms, and aligns with the company's analysis of operating performance. (4) During the three months ended March 31, 2022, the company wrote off goodwill related to one reporting unit in the amount of approximately $0.3 million. During the three months ended September 30, 2021, the company wrote off goodwill related to two reporting units in the amount of approximately $0.4 million. During the three months ended March 31, 2021, the company wrote off goodwill related to one reporting unit in the amount of approximately $0.2 million. The goodwill was originally recognized as a part of the internalization transaction on September 30, 2020. The company believes that adjusting for such non-recurring items provides useful supplemental information because such adjustments may not be reflective of ongoing operations and aligns with its analysis of operating performance. Q1 2022 Funds From Operations (FFO) and Adjusted Funds From Operations (AFFO) are non-GAAP financial measures. FFO is calculated using the NAREIT definition: net income (computed in accordance with GAAP), excluding gains (or losses) from sales of property and asset impairment write-downs, plus depreciation and amortization of real estate assets, and after adjustments for unconsolidated partnerships and joint ventures. It should be noted, however, that other REITs may not define FFO in accordance with the current NAREIT definition or may interpret the current NAREIT definition differently than the company does, making comparisons less meaningful. In addition to FFO, the company uses AFFO as a supplemental financial performance measure because the company believes it provides to stakeholders a more complete understanding of the company’s sustainable performance. AFFO is a metric used by management to evaluate the company's dividend policy. The company calculates AFFO, a non-GAAP measure, by further adjusting FFO for the following items included in the determination of GAAP net income: amortization of above- and below-market leases, along with amortization of operating leases and finance lease, resulting from above-and below-market leases, straight-line rent adjustments, discount amortization related to the deferred liability in connection with the internalization transaction, impairment loss on goodwill, (gain) loss on extinguishment of debt, amortization of deferred financing costs and stock-based compensation. Other REITs may use different methodologies for calculating AFFO and, accordingly, the company’s AFFO may not be comparable to other REITs. FFO and AFFO should not be construed to be more relevant or accurate than the current GAAP methodology in calculating net income or in its applicability in evaluating our operational performance. The method used to evaluate the value and performance of real estate under GAAP should be construed as a more relevant measure of operating performance and considered more prominent than the non-GAAP FFO and AFFO measures and the adjustments to GAAP in calculating FFO and AFFO.

Net Debt is defined as principal debt outstanding less cash and cash equivalents. Net Debt provides useful information to investors and management by calculating and monitoring the company’s leverage ratio. The following is a reconciliation of total debt, net, which is the most directly comparable GAAP financial measure to net debt, for the following quarterly periods (amounts in thousands): As of March 31, December 31, September 30, June 30, March 31, 2022 2021 2021 2021 2021 Notes payable, net $ — $ — $ — $ 449,780 $ 450,719 Credit facility, net 484,319 496,774 516,506 947,979 932,546 Total debt, net 484,319 496,774 516,506 1,397,759 1,383,265 Deferred financing costs, net 681 3,266 3,494 6,425 7,033 Principal debt outstanding 485,000 500,000 520,000 1,404,184 1,390,298 Less: cash and cash equivalents 19,563 32,359 75,363 47,921 51,039 Net debt1 $ 465,437 $ 467,641 $ 444,637 $ 1,356,263 $ 1,339,259 Net Asset Value (NAV) is determined by the board of directors, at the recommendation of the company's audit committee, and based on the estimated value of the company’s assets, less the estimated value of the company’s liabilities, divided by the approximate number of shares outstanding on a fully diluted basis. This valuation is performed in accordance with the provisions of Practice Guideline 2013-01, Valuations of Publicly Registered Non-Listed REITs, issued by the IPA in April 2013, in addition to guidance from the SEC. Liquidity is a non-GAAP financial metric that represents the outstanding cash and cash equivalents combined with the remaining borrowing base availability on the company’s credit facility at the end of the period. This metric provides useful information to investors and management when examining the company’s financing and investing decisions. Glossary 22 Page Q1 2022 (1) Data for the three months ended June 30, 2021 and March 31, 2021 includes the 29 data center properties sold on July 22, 2021. Interest Expense, Adjusted is a non-GAAP measure that represents interest and other expense, net, adjusted for cash deposits interest, other income, notes receivable interest income and amortization of origination fee. This metric provides useful information to investors because it is used for the calculation of adjusted interest coverage ratio. The following is a reconciliation of interest and other expense, net, which is the most directly comparable GAAP financial measure, to interest expense, adjusted for the following quarterly periods (amounts in thousands): Three Months Ended March 31, December 31, September 30, June 30, March 31, 2022 2021 2021 2021 2021 Interest and other expense, net1 $ 8,115 $ 4,480 $ 36,822 $ 12,922 $ 12,130 Cash deposits interest 2 3 2 6 4 Other income 71 1,233 731 — 652 Notes receivable interest income — 50 87 519 490 Amortization of origination fee — — (256) (70) (68) Interest expense, adjusted2 $ 8,188 $ 5,766 $ 37,386 $ 13,377 $ 13,208 (1) Interest and other expense, net, for the three months ended March 31, 2022, includes debt extinguishment costs of $3.4 million in connection with the pay-off of our prior credit facility and entering into a new credit facility. Interest and other expense, net, for the three months ended September 30, 2021, includes one-time costs associated with the sale of the data center portfolio, inclusive of defeasance and other loan costs in the amount of $26.1 million. (2) Data for the three months ended September 30, 2021, June 30, 2021 and March 31, 2021 includes the 29 data center properties sold on July 22, 2021.

Three Months Ended March 31, 2022 2021 Rental revenue $ 44,282 $ 42,422 Rental expense (3,025) (3,214) Total NOI 41,257 39,208 Straight-line rent adjustments (2,510) (3,409) Amortization of above- and below-market leases, net 119 124 Amortization of operating leases 125 176 Cash NOI 38,991 36,099 General and administrative expenses (6,856) (6,623) Depreciation and amortization (17,988) (18,224) Impairment loss on real estate (7,109) (10,423) Impairment loss on goodwill (278) (240) Gain on real estate disposition from continuing operations 460 — Interest and other expense, net (8,115) (8,764) Straight-line rent adjustments 2,510 3,409 Amortization of above- and below-market leases, net (119) (124) Amortization of operating leases (125) (176) Income from discontinued operations — 7,948 Net income attributable to common stockholders $ 1,371 $ 2,882 The following is a reconciliation of net income attributable to common stockholders, which is the most directly comparable GAAP financial measure, to Total NOI and Cash NOI, for the following periods (amounts in thousands): Glossary 23 Page Q1 2022 Net Operating Income (NOI) and Cash NOI are non-GAAP financial measures. NOI is defined as rental revenue, less rental expenses on an accrual basis, excluding general and administrative expenses, depreciation and amortization, impairment loss on real estate, impairment loss on goodwill, gain on real estate dispositions from continuing operations, interest and other expense, net and income from discontinued operations. Cash NOI is calculated to exclude the impact of certain GAAP adjustments to rental revenue, such as straight-line rent adjustments, amortization of above-market intangible lease assets and below-market lease intangible liabilities and the amortization of operating leases, and is used to evaluate the cash-based performance of the company’s real estate portfolio. The company believes that NOI and Cash NOI both serve as useful supplements to net income because they allow investors and management to measure unlevered property-level operating results and to compare these results to the comparable results of other real estate companies on a consistent basis. The company uses both NOI and Cash NOI to make decisions about resource allocations and to assess the property-level performance of the real estate portfolio. As an indicator of financial performance, neither metric should be considered as an alternative to net income, determined in accordance with GAAP. The company believes that in order to facilitate a clear understanding of the consolidated historical operating results, both metrics should be examined in conjunction with net income as presented in the consolidated financial statements included on the company’s Annual Report on Form 10-K filed with the SEC on March 29, 2022.

Total Real Estate Investment is based on aggregate contract purchase price of real estate properties acquired, including acquisition costs and additional capital expenditures incurred since inception, adjusted for cost basis property dispositions over such period. Three Months Ended March 31, December 31, September 30, June 30, March 31, 2022 2021 2021 2021 2021 Same store rental revenue $ 41,906 $ 41,943 $ 41,923 $ 41,893 $ 41,729 Same store rental expense (2,626) (2,571) (2,631) (2,593) (2,587) Same store NOI 39,280 39,372 39,292 39,300 39,142 Non-same store rental revenue 2,376 1,663 1,140 1,854 693 Non-same store rental expense (399) (621) (393) (682) (627) General and administrative expenses (6,856) (6,785) (6,348) (6,639) (6,623) Depreciation and amortization (17,988) (17,161) (17,259) (17,615) (18,224) Impairment loss on real estate (7,109) — (10,241) (6,502) (10,423) Impairment loss on goodwill (278) — — (431) (240) Gain on real estate disposition 460 89 — — — Interest and other expense, net (8,115) (4,480) (11,737) (9,534) (8,764) Income from discontinued operations — — 377,191 16,305 7,948 Net income attributable to common stockholders $ 1,371 $ 12,077 $ 371,645 $ 16,056 $ 2,882 The following is a reconciliation of net income attributable to common stockholders, which is the most directly comparable GAAP financial measure, to same store NOI for the following quarterly periods (amounts in thousands): Glossary 24 Page Q1 2022 Same Store Properties are operating properties that were owned and operated for the entirety of all calendar periods being compared and exclude properties under development and properties or land classified as held for sale. To evaluate properties on a comparable basis, management analyzes metrics of same store properties in order to assess the core operations of the portfolio. By evaluating the net operating income of the same store properties, management is able to monitor the operations of the company's existing properties for comparable periods to measure the performance of the current portfolio and determine the effects of new acquisitions and dispositions on net income. Occupancy is a weighted average calculation of the portfolio’s occupancy based on rentable square feet. Remaining Lease Term is a weighted average calculation of the portfolio’s remaining lease term based on leased square feet. Rent Escalation is a weighted average calculation of the portfolio’s rent escalations based on leased square feet.