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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Investments in real estate:    
Investments in real estate, at cost $ 6,428,482 $ 6,462,355
Accumulated depreciation (329,903) (243,475)
Investments in real estate, net 6,098,579 6,218,880
Real estate held for sale 81,818 61,560
Investment in real estate under development 61,777 41,777
Cash and cash equivalents 11,378 35,972
Restricted cash 31,017 29,699
Investments in unconsolidated real estate entities 54,178 24,999
Other assets 26,707 38,052
Derivative assets 21,162 2,488
Intangible assets, net of accumulated amortization of $18 and $4,779, respectively 18 53,269
Total Assets 6,386,634 6,506,696
LIABILITIES AND EQUITY:    
Indebtedness, net 2,506,375 2,705,336
Indebtedness associated with real estate held for sale 46,561 0
Accounts payable and accrued expenses 98,173 106,332
Accrued interest payable 6,891 7,175
Dividends payable 31,907 16,792
Derivative liabilities 0 11,896
Other liabilities 15,077 17,089
Total Liabilities 2,704,984 2,864,620
Stockholders’ equity:    
Preferred stock, $0.01 par value; 50,000,000 shares authorized, 0 and 0 shares issued and outstanding, respectively 0 0
Common stock, $0.01 par value; 500,000,000 shares authorized, 222,060,280 and 220,753,735 shares issued and outstanding, including 246,003 and 269,622 unvested restricted common share awards, respectively 2,221 2,208
Additional paid-in capital 3,698,763 3,678,903
Accumulated other comprehensive income (loss) 18,430 (11,940)
Retained earnings (accumulated deficit) (178,902) (188,410)
Total stockholders’ equity 3,540,512 3,480,761
Noncontrolling interests 141,138 161,315
Total Equity 3,681,650 3,642,076
Total Liabilities and Equity $ 6,386,634 $ 6,506,696