XML 10 R2.htm IDEA: XBRL DOCUMENT v3.25.3
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
ASSETS    
Real estate portfolio, net of accumulated depreciation and amortization $ 9,204,697 $ 8,746,168
Cash and cash equivalents 157,917 8,731
Restricted cash and cash held in escrow 776 331
Receivables, net of allowance of $573 and $617, respectively 2,266 2,975
Accrued rental income, net of allowance of $3,325 and $4,156, respectively 33,897 34,005
Debt costs, net of accumulated amortization of $29,174 and $27,002, respectively 6,973 8,958
Other assets 73,580 71,560
Total assets 9,480,106 8,872,728
Liabilities:    
Notes payable, net of unamortized discount and unamortized debt costs 4,870,460 4,373,803
Accrued interest payable 79,926 29,699
Other liabilities 109,357 106,951
Total liabilities 5,059,743 4,510,453
Stockholders’ equity:    
Common stock, $0.01 par value. Authorized 375,000,000 shares; 189,884,648 and 187,540,929 shares issued and outstanding, respectively 1,901 1,877
Capital in excess of par value 5,290,592 5,197,644
Accumulated deficit (865,171) (829,287)
Accumulated other comprehensive income (loss) (6,959) (7,959)
Total equity 4,420,363 4,362,275
Total liabilities and equity $ 9,480,106 $ 8,872,728