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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Investments in real estate:    
Investments in real estate, at cost $ 6,754,022 $ 6,615,243
Accumulated depreciation (567,200) (425,034)
Investments in real estate, net 6,186,822 6,190,209
Real estate held for sale 75,392 35,777
Investments in real estate under development 83,547 105,518
Cash and cash equivalents 17,216 16,084
Restricted cash 31,772 27,933
Investments in unconsolidated real estate entities 87,592 80,220
Other assets 41,926 34,846
Derivative assets 53,258 41,109
Intangible assets, net of accumulated amortization of $133 and $700, respectively 265 399
Total Assets 6,577,790 6,532,095
LIABILITIES AND EQUITY:    
Indebtedness, net 2,675,117 2,631,645
Indebtedness associated with real estate held for sale 40,593 0
Accounts payable and accrued expenses 138,549 109,677
Accrued interest payable 8,275 7,713
Dividends payable 36,858 32,189
Other liabilities 10,642 13,004
Total Liabilities 2,910,034 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, 224,695,566 and 224,064,940 shares issued and outstanding, including 281,650 and 232,134 unvested restricted common share awards, respectively 2,247 2,241
Additional paid-in capital 3,751,001 3,751,056
Accumulated other comprehensive income 47,910 35,102
Accumulated deficit (271,982) (191,735)
Total stockholders’ equity 3,529,176 3,596,664
Noncontrolling interests 138,580 141,203
Total Equity 3,667,756 3,737,867
Total Liabilities and Equity $ 6,577,790 $ 6,532,095