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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Cash flows from operating activities:    
Net income $ 53,988 $ 25,348
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 67,366 58,407
Non-cash portion of interest expense 864 487
Amortization of above and below market leases, net (84) 1,474
Straight-line rent adjustments, net (4,450) (4,676)
Gain on the sales of rental property, net (23,955) (6,409)
Non-cash compensation expense 3,260 4,615
Change in assets and liabilities:    
Tenant accounts receivable (262) 3,281
Prepaid expenses and other assets (3,371) (4,132)
Accounts payable, accrued expenses and other liabilities (3,401) (4,613)
Tenant prepaid rent and security deposits (1,076) (322)
Total adjustments 34,891 48,112
Net cash provided by operating activities 88,879 73,460
Cash flows from investing activities:    
Acquisitions of land and buildings and improvements (144,600) (81,969)
Additions of land and building and improvements (17,061) (10,269)
Acquisitions of other assets 2,134 0
Proceeds from sales of rental property, net 35,326 23,884
Acquisition deposits, net (711) 2,008
Acquisitions of deferred leasing intangibles (19,617) (13,156)
Net cash used in investing activities (148,797) (79,502)
Cash flows from financing activities:    
Proceeds from unsecured credit facility 675,000 393,000
Repayment of unsecured credit facility (587,000) (267,000)
Proceeds from unsecured term loans 0 300,000
Repayment of unsecured term loans 0 (300,000)
Repayment of mortgage notes (586) (531)
Payment of loan fees and costs 4 2,750
Proceeds from sales of common stock, net 55,126 21,639
Redemption of preferred stock 0 (75,000)
Dividends and distributions 66,213 59,996
Repurchase and retirement of share-based compensation (1,596) (1,342)
Net cash provided by financing activities 74,727 8,020
Increase in cash and cash equivalents and restricted cash 14,809 1,978
Cash and cash equivalents and restricted cash—beginning of period 23,196 20,339
Cash and cash equivalents and restricted cash—end of period 38,005 22,317
Supplemental disclosure:    
Cash paid for interest, net of capitalized interest 17,172 13,471
Contribution of Property (539) 0
Escrow Deposit Disbursements Related to Property Acquisition 539 0
Supplemental schedule of non-cash investing and financing activities    
Acquisitions of land and buildings and improvements 0 4,239
Acquisitions of deferred leasing intangibles 0 703
Change in additions of land, building, and improvements included in accounts payable, accrued expenses, and other liabilities 590 4,281
Additions to building and other capital improvements from non-cash compensation (26) 0
Assumption of mortgage notes 0 5,103
Fair market value adjustment to mortgage notes acquired 0 (161)
Change in loan fees, costs, and offering costs included in accounts payable, accrued expenses, and other liabilities (167) (879)
Dividends and distributions payable $ 22,282 $ 19,657