XML 12 R2.htm IDEA: XBRL DOCUMENT v3.23.3
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Real estate investments:    
Land $ 1,235,943 $ 1,115,827
Buildings, equipment and improvements 1,700,513 1,539,875
Total real estate investments 2,936,456 2,655,702
Less: Accumulated depreciation (730,014) (706,702)
Total real estate investments, net 2,206,442 1,949,000
Intangible lease assets, net 122,132 106,206
Total real estate investments and intangible lease assets, net 2,328,574 2,055,206
Real estate held for sale 3,150 7,522
Cash and cash equivalents 5,675 26,296
Straight-line rent adjustment 63,844 61,027
Derivative assets 31,292 35,276
Deferred tax assets 1,221 988
Other assets 22,138 12,272
Total Assets 2,455,894 2,198,587
Liabilities:    
Term loan and revolving credit facility, net of deferred financing costs 455,342 424,134
Senior unsecured notes, net of deferred financing costs 670,756 571,343
Dividends payable 30,724 29,064
Rent received in advance 13,204 11,710
Derivative liabilities 0 9
Other liabilities 32,224 24,017
Total liabilities 1,202,250 1,060,277
Equity:    
Preferred stock, par value 0.0001 per share; 25,000,000 authorized, zero shares issued and outstanding 0 0
Common stock, par value 0.0001 per share; 500,000,000 shares authorized, 90,565,195 and 85,637,293 shares issued and outstanding, respectively 9 9
Additional paid-in capital 1,235,247 1,104,522
Retained earnings (accumulated deficit) (19,165) 576
Accumulated other comprehensive income 35,314 30,944
Noncontrolling interest 2,239 2,259
Total equity 1,253,644 1,138,310
Total Liabilities and Equity $ 2,455,894 $ 2,198,587