Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
ASSETS
Land	$ 549,213	$ 560,047
Buildings and improvements	2,825,286	2,872,755
Intangible lease assets	16	14
Gross operating real estate investments	3,374,515	3,432,816
Accumulated depreciation and amortization	(328,757)	(275,534)
Total net operating real estate investments	3,045,758	3,157,282
Real estate held for sale, net	38,141	54,615
Total net real estate investments	3,083,899	3,211,897
Investments, at fair value	2,500	2,500
Cash	43,913	27,917
Restricted cash	50,931	57,703
Accounts and other receivables	15,230	20,008
Prepaid and other assets	24,452	21,236
Interest rate derivatives, at fair value	44,640	48,416
Intangible assets, net	5,321	4,045
Asset-backed securitization certificates	108,864	39,096
Goodwill	20,522	20,522
TOTAL ASSETS	3,400,272	3,453,340
Liabilities:
Notes payable, net	1,626,852	1,276,970
Credit facilities, net	857,344	1,156,704
Accounts payable and other accrued liabilities	52,736	52,696
Accrued real estate taxes payable	36,380	39,632
Accrued interest payable	26,864	23,122
Security deposit liability	25,943	25,909
Prepaid rents	2,606	3,348
Total Liabilities	2,628,725	2,578,381
Redeemable Series A preferred stock, $0.01 par value: 16,000,000 shares authorized; 4,996,000 and 5,000,000 shares issued and outstanding, respectively	122,315	122,225
Stockholders' Equity:
Class A Common stock, $0.01 par value: 300,000,000 shares authorized; 25,252,565 and 25,006,237 shares issued and outstanding, respectively	255	252
Additional paid-in capital	757,662	776,755
Distributions in excess of retained earnings	(515,420)	(423,769)
Accumulated other comprehensive income	28,460	31,208
Total Stockholders' Equity	270,982	384,471
TOTAL LIABILITIES AND EQUITY	3,400,272	3,453,340
Series B Preferred Stock
Stockholders' Equity:
Series B Preferred stock, $0.01 par value: 2,548,240 shares authorized; 2,548,240 and 2,548,240 shares issued and outstanding, respectively	25	25
VineBrook
Liabilities:
Redeemable noncontrolling interests	270,001	251,503
Variable Interest Entity, Primary Beneficiary
Liabilities:
Redeemable noncontrolling interests	98,484	105,018
Stockholders' Equity:
Noncontrolling interests in consolidated VIEs	$ 9,765	$ 11,742