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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net income (loss) $ 17,233 $ 5,462 $ (72,826)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Depreciation and amortization of real estate assets 217,564 218,738 231,023
Impairment of real estate assets 6,754 2,423 87,393
Depreciation and amortization of corporate assets 3,869 5,941 5,847
Net amortization of above- and below-market leases (3,581) (3,173) (4,185)
Amortization of deferred financing expenses 4,416 4,975 5,060
Amortization of debt and derivative adjustments 1,846 2,444 7,514
Loss on extinguishment or modification of debt, net 1,996 4 2,238
Gain on disposal of property, net (30,421) (6,494) (28,170)
Change in fair value of earn-out liability 30,436 (10,000) (7,500)
Straight-line rent (9,427) (3,325) (9,079)
Share-based compensation 16,394 5,861 7,716
Other impairment charges 0 359 9,661
Return on investment in unconsolidated joint ventures 2,696 1,962 3,922
Other (883) 1,287 540
Changes in operating assets and liabilities:      
Other assets, net (4,498) (6,945) 1,271
Accounts payable and other liabilities 8,508 (8,943) (13,550)
Net cash provided by operating activities 262,902 210,576 226,875
CASH FLOWS FROM INVESTING ACTIVITIES:      
Real estate acquisitions (308,358) (41,482) (71,722)
Capital expenditures (75,035) (63,965) (75,492)
Proceeds from sale of real estate, net 206,377 57,902 223,083
Investment in third parties (3,000) 0 0
Return of investment in unconsolidated joint ventures 5,039 3,453 5,310
Investment in marketable securities (5,514) 0 0
Acquisition of REIT III, net of cash acquired 0 0 (16,996)
Net cash (used in) provided by investing activities (180,491) (44,092) 64,183
CASH FLOWS FROM FINANCING ACTIVITIES:      
Proceeds from the issuance of common stock 547,401 0 0
Payment of offering costs (39,048) 0 0
Repurchases of Class B stock (77,765) (5,267) (34,675)
Proceeds from revolving credit facility 9,000 255,000 122,641
Payments on revolving credit facility (9,000) (255,000) (196,000)
Proceeds from notes and loans payable 822,018 0 260,000
Payments on mortgages and loans payable (1,229,715) (64,978) (279,406)
Distributions paid, net of DRIP (106,699) (49,331) (123,135)
Distributions to noncontrolling interests (14,982) (9,435) (29,679)
Other (29) (644) 0
Net cash used in financing activities (98,819) (129,655) (280,254)
NET (DECREASE) INCREASE IN CASH, CASH EQUIVALENTS, AND RESTRICTED CASH (16,408) 36,829 10,804
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH:      
Beginning of year 131,937 95,108 84,304
End of year 115,529 131,937 95,108
RECONCILIATION TO CONSOLIDATED BALANCE SHEETS      
Cash and cash equivalents 92,585 104,296 17,820
Restricted cash 22,944 27,641 77,288
Cash, cash equivalents, and restricted cash at end of year 115,529 131,937 95,108
SUPPLEMENTAL CASH FLOW DISCLOSURE, INCLUDING NON-CASH INVESTING AND FINANCING ACTIVITIES:      
Cash paid for interest 68,092 78,521 89,373
Cash paid for income taxes, net 559 947 589
Obligation for shares tendered pursuant to a tender offer 0 77,642 0
Right-of-use (“ROU”) assets obtained in exchange for new lease liabilities 902 561 4,772
Accrued capital expenditures 6,443 4,394 6,299
Change in distributions payable (7,600) (8,260) 585
Change in distributions payable - noncontrolling interests (650) (1,180) 765
Change in accrued share repurchase obligation 0 (2,511) 1,288
Distributions reinvested 7,368 15,940 67,427
Amounts related to the merger of GRP I and GRP II:      
Ownership interest in fair value of assets assumed 0 5,062 0
Ownership interest in GRP II contributed to GRP I 0 (5,105) 0
Amounts related to the acquisition of REIT III:      
Fair value of equity issued 0 0 49,936
Net settlement of related party receivables 0 0 2,246
Derecognition of management contracts intangible asset and related party investment $ 0 $ 0 $ 1,601