XML 12 R2.htm IDEA: XBRL DOCUMENT v3.23.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Investments in real estate:    
Investments in real estate, at cost $ 6,610,233 $ 6,615,243
Accumulated depreciation (519,680) (425,034)
Investments in real estate, net 6,090,553 6,190,209
Real estate held for sale 86,576 35,777
Investments in real estate under development 121,733 105,518
Cash and cash equivalents 14,349 16,084
Restricted cash 28,163 27,933
Investments in unconsolidated real estate entities 99,968 80,220
Other assets 31,799 34,846
Derivative assets 44,259 41,109
Intangible assets, net of accumulated amortization of $0 and $700, respectively 0 399
Total Assets 6,517,400 6,532,095
LIABILITIES AND EQUITY:    
Indebtedness, net 2,609,903 2,631,645
Indebtedness associated with real estate held for sale 40,902 0
Accounts payable and accrued expenses 115,664 109,677
Accrued interest payable 7,986 7,713
Dividends payable 36,856 32,189
Other liabilities 11,172 13,004
Total Liabilities 2,822,483 2,794,228
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, 224,697,889 and 224,064,940 shares issued and outstanding, including 293,429 and 232,134 unvested restricted common share awards, respectively 2,247 2,241
Additional paid-in capital 3,754,839 3,751,056
Accumulated other comprehensive income 38,823 35,102
Accumulated deficit (239,972) (191,735)
Total stockholders’ equity 3,555,937 3,596,664
Noncontrolling interests 138,980 141,203
Total Equity 3,694,917 3,737,867
Total Liabilities and Equity $ 6,517,400 $ 6,532,095