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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Cash flows from operating activities:    
Net income $ 37,453 $ 50,608
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 71,427 68,944
Non-cash portion of interest expense 984 976
Amortization of above and below market leases, net (303) (129)
Straight-line rent adjustments, net (2,762) (5,044)
Gain on the sales of rental property, net 0 (20,128)
Non-cash compensation expense 2,909 3,092
Change in assets and liabilities:    
Tenant accounts receivable 2,204 2,694
Prepaid expenses and other assets (8,787) (11,288)
Accounts payable, accrued expenses and other liabilities 480 (6,599)
Tenant prepaid rent and security deposits 1,557 3,295
Total adjustments 67,709 35,813
Net cash provided by operating activities 105,162 86,421
Cash flows from investing activities:    
Acquisitions of land and buildings and improvements (43,599) 0
Additions of land and buildings and improvements (24,622) (27,685)
Proceeds from sales of rental property, net 0 36,333
Acquisition deposits, net (2,324) 1,185
Acquisitions of deferred leasing intangibles (5,715) 0
Net cash provided by (used in) investing activities (76,260) 9,833
Cash flows from financing activities:    
Proceeds from unsecured credit facility 264,000 209,000
Repayments of Lines of Credit (231,000) (149,000)
Repayments of Notes Payable 0 (100,000)
Repayments of Secured Debt (53) (86)
Payments of Financing Costs (822) 0
Proceeds from sales of common stock, net (137) (76)
Payments of Dividends (68,654) (63,896)
Repurchase and retirement of share-based compensation (1,014) (812)
Net cash used in financing activities (37,680) (104,870)
Decrease in cash and cash equivalents and restricted cash (8,778) (8,616)
Cash and cash equivalents and restricted cash—beginning of period 21,868 26,789
Cash and cash equivalents and restricted cash—end of period 13,090 18,173
Supplemental disclosure:    
Interest Paid, Capitalized, Investing Activities 802 433
Interest Paid, Excluding Capitalized Interest, Operating Activities 22,165 18,597
Supplemental schedule of non-cash investing and financing activities    
Acquisitions of land and buildings and improvements (671) 0
Acquisitions of deferred leasing intangibles (88) 0
Additions to building and other capital improvements from involuntary conversion (2,968) 0
Investing other receivables due to involuntary conversion of building 2,968 0
Change in additions of land, building, and improvements included in accounts payable, accrued expenses and other liabilities 4,443 (4,596)
Additions to building and other capital improvements from non-cash compensation (39) (13)
Change in loan fees, costs, and offering costs included in accounts payable, accrued expenses and other liabilities (592) (76)
Dividends and distributions payable $ 22,936 $ 22,484