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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Cash flows from operating activities:    
Net income $ 58,731 $ 84,354
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 115,739 106,294
Gain on involuntary conversion 0 657
Non-cash portion of interest expense 1,276 1,422
Gain (Loss) on Extinguishment of Debt, before Write off of Debt Issuance Cost 0 (834)
Amortization of above and below market leases, net 1,799 2,152
Straight-line rent adjustments, net (8,887) (5,498)
Gain on the sales of rental property, net (12,385) (47,804)
Non-cash compensation expense 9,154 5,790
Change in assets and liabilities:    
Tenant accounts receivable 3,212 (475)
Prepaid expenses and other assets (10,018) (4,116)
Accounts payable, accrued expenses and other liabilities 864 3,243
Tenant prepaid rent and security deposits 2,888 2,549
Total adjustments 103,642 63,734
Net cash provided by operating activities 162,373 148,088
Cash flows from investing activities:    
Acquisitions of land and buildings and improvements (194,164) (110,121)
Additions of land and building and improvements (18,913) (27,299)
Acquisitions of other assets 0 450
Proceeds from sales of rental property, net 39,619 101,881
Proceeds from involuntary conversion 0 782
Acquisition deposits, net (877) 660
Acquisitions of deferred leasing intangibles (27,682) (20,542)
Net cash used in investing activities (202,017) (55,089)
Cash flows from financing activities:    
Proceeds from unsecured credit facility 765,000 387,000
Repayment of unsecured credit facility (588,000) (533,000)
Proceeds from unsecured term loans 300,000 400,000
Repayment of unsecured term loans (300,000) (300,000)
Repayment of mortgage notes (1,093) (1,993)
Payment of loan fees and costs 2,847 1,129
Payment for Debt Extinguishment or Debt Prepayment Cost 0 425
Proceeds from sales of common stock, net 63,314 172,626
Redemption of preferred stock (75,000) 0
Dividends and distributions 122,212 111,868
Repurchase and retirement of share-based compensation (1,342) (1,472)
Net cash provided by financing activities 37,820 9,739
Increase (decrease) in cash and cash equivalents and restricted cash (1,824) 102,738
Cash and cash equivalents and restricted cash—beginning of period 20,339 11,864
Cash and cash equivalents and restricted cash—end of period 18,515 114,602
Supplemental disclosure:    
Cash paid for interest, net of capitalized interest 29,574 28,520
Supplemental schedule of non-cash investing and financing activities    
Acquisitions of land and buildings and improvements 4,239 111
Acquisitions of deferred leasing intangibles 703 33
Change in additions of land, building, and improvements included in accounts payable, accrued expenses, and other liabilities 3,469 683
Additions to building and other capital improvements from non-cash compensation 0 (17)
Assumption of mortgage notes 5,103 0
Fair market value adjustment to mortgage notes acquired (161) 0
Change in loan fees, costs, and offering costs included in accounts payable, accrued expenses, and other liabilities 1,016 1,020
Dividends and distributions payable $ 19,803 $ 18,301