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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Statement of Cash Flows [Abstract]    
Net cash provided by operating activities: $ 37,546 $ 42,090
Cash flows from investing activities:    
Acquisition of real estate, including intangible assets 0 (72,148)
Investment in real estate under construction (34,256) (75,368)
Capital expenditures (3,703) (5,991)
Net proceeds from sale of properties 27,338 255
Principal payments on loans receivable 1,462 7
Investments in non-consolidated entities (451) (121)
Distributions from non-consolidated entities in excess of accumulated earnings 4,736 1,537
Deferred leasing costs (410) (536)
Change in real estate deposits, net (245) (167)
Net cash used in investing activities (5,529) (152,532)
Cash flows from financing activities:    
Dividends to common and preferred shareholders (38,207) (36,827)
Principal amortization payments (2,887) (2,779)
Revolving credit facility borrowings 25,000 0
Revolving credit facility payments (25,000) 0
Cash contributions from noncontrolling interests 106 4,109
Cash distributions to noncontrolling interests (268) (172)
Repurchases to settle tax obligations (2,076) (6,285)
Purchase of noncontrolling interest 0 (27,958)
Issuance of common shares, net (148) 38,495
Net cash used in financing activities (43,480) (31,417)
Change in cash, cash equivalents and restricted cash (11,463) (141,859)
Cash, cash equivalents and restricted cash, at beginning of period 54,506 191,027
Cash, cash equivalents and restricted cash, at end of period 43,043 49,168
Reconciliation of cash, cash equivalents and restricted cash:    
Cash and cash equivalents at beginning of period 54,390 190,926
Restricted cash at beginning of period 116 101
Cash and cash equivalents at end of period 42,923 49,063
Restricted cash at end of period $ 120 $ 105