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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Cash flows from operating activities:      
Net (loss) income $ (17,807) $ 120,659 $ 45,529
Adjustments to reconcile net (loss) income to cash flow from operating activities:      
Depreciation and amortization 218,968 252,849 76,909
Accretion of loan discounts and premiums, net (10,899) (11,005) (501)
Amortization of deferred financing costs, net 3,290 3,729 1,640
Stock compensation expense 7,658 7,893 7,227
Loss on impairment (gain on sale) of real estate assets, net 66,547 (111,756) (87,671)
Loss on extinguishment of debt 124 0 10,261
Amortization related to derivative instruments 1,304 1,281 1,274
Casualty losses (gains), net 925 (8,866) 359
Equity in loss from investments in unconsolidated real estate entities 4,488 2,169 0
Other expense (income) 1,340 (1,059) 0
Changes in assets and liabilities:      
Other assets (8,062) (33) (523)
Accounts payable and accrued expenses (3,228) (2,495) (3,633)
Accrued interest payable (79) 538 2,085
Other liabilities (2,399) (4,367) (699)
Net cash provided by operating activities 262,170 249,537 52,257
Cash flows from investing activities:      
Acquisition of real estate properties 0 (201,777) (139,516)
Acquisition of STAR, net of cash acquired 0 0 (186,122)
Cash acquired from consolidation of previously unconsolidated real estate entity 2,145 0 0
Investments in unconsolidated real estate entities (26,003) (60,796) (24,999)
Distributions received from investments in unconsolidated real estate entities 0 3,406 0
Disposition of real estate properties, net 230,789 253,560 177,486
Capital expenditures (146,629) (83,979) (42,973)
Additions to real estate under development (66,223) (61,760) 0
Proceeds from insurance claims 4,209 15,580 0
Net cash used in investing activities (1,712) (135,766) (216,124)
Cash flows from financing activities:      
Proceeds (costs) from issuance of common stock (421)    
Proceeds (costs) from issuance of common stock   48,651 317,024
Proceeds from unsecured credit facility and term loan 270,000 707,500 594,500
Unsecured and secured credit facility and term loan repayments (250,341) (718,525) (302,301)
Mortgage principal repayments (129,596) (53,365) (312,877)
Payments for deferred financing costs (60) (1,670) (14,889)
Distributions on common stock (134,872) (105,829) (49,832)
Distributions to noncontrolling interests (3,590) (2,743) (294)
Payments for debt extinguishment (124) 0 (12,481)
Repurchase of shares related to equity award tax withholding (4,739) (5,969) (2,927)
Payments for forward interest rate collars 0 (3,475) 0
Net cash (used in) provided by financing activities (253,743) (135,425) 215,923
Net change in cash, cash equivalents and restricted cash 6,715 (21,654) 52,056
Cash, cash equivalents and restricted cash, beginning of period 44,017 65,671 13,615
Cash, cash equivalents and restricted cash, end of period 50,732 44,017 65,671
Reconciliation of cash, cash equivalents, and restricted cash to the Consolidated Balance Sheet      
Cash and cash equivalents 22,852 16,084 35,972
Restricted cash 27,880 27,933 29,699
Total cash, cash equivalents, and restricted cash, end of period 50,732 44,017 65,671
Supplemental cash flow information:      
Cash paid for interest 96,022 96,383 29,227
Supplemental cash flow information:      
Decrease in noncontrolling interest from conversion of common limited partnership units to shares of common stock 1,015 21,460 858
Distributions declared but not paid 36,858 32,189 16,792
Real estate under development placed in service 77,520 0 0
Assets acquired in STAR Merger 0 0 4,770,698
Liabilities assumed in STAR Merger 0 0 1,886,791
Value of common stock issued in STAR Merger 0 0 2,438,177
Value of limited partnership units issued in STAR Merger 0 0 157,200
Initial measurement of operating lease right of use assets 0 753 672
Initial measurement of operating lease liabilities 0 753 672
Accrued capital expenditures and real estate under development 20,122 18,889 4,603
Assets recognized upon consolidation of previously unconsolidated real estate entity 52,878 0 0
Liabilities recognized upon consolidation of previously unconsolidated real estate entity 39,931 0 0
Derecognition of equity method investment upon consolidation of previously unconsolidated real estate entity 12,691 0 0
Value of noncontrolling interest upon consolidation of previously unconsolidated real estate entity $ 256 $ 0 $ 0