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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Investments in real estate:    
Investments in real estate, at cost $ 6,218,019 $ 6,259,212
Accumulated depreciation (667,681) (582,760)
Investments in real estate, net 5,550,338 5,676,452
Real estate held for sale 69,829 296,334
Investments in real estate under development 115,196 98,365
Cash and cash equivalents 21,034 22,852
Restricted cash 26,364 27,880
Investments in unconsolidated real estate entities 90,347 89,044
Other assets 28,731 39,245
Derivative assets 38,422 29,937
Intangible assets, net of accumulated amortization of $0 and $332, respectively 0 66
Total Assets 5,940,261 6,280,175
LIABILITIES AND EQUITY:    
Indebtedness, net 2,202,961 2,426,788
Indebtedness associated with real estate held for sale 49,598 122,621
Accounts payable and accrued expenses 102,040 109,074
Accrued interest payable 6,795 7,917
Dividends payable 36,906 36,858
Other liabilities 8,421 9,723
Total Liabilities 2,406,721 2,712,981
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, 225,122,235 and 224,706,731 shares issued and outstanding, including 402,249 and 288,250 unvested restricted common share awards, respectively 2,251 2,247
Additional paid-in capital 3,754,756 3,751,942
Accumulated other comprehensive income 34,380 25,513
Accumulated deficit (392,627) (348,405)
Total stockholders’ equity 3,398,760 3,431,297
Noncontrolling interests 134,780 135,897
Total Equity 3,533,540 3,567,194
Total Liabilities and Equity $ 5,940,261 $ 6,280,175