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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Cash flows from operating activities:      
Net income $ 136,639 $ 134,381 $ 65,501
Adjustments to reconcile net income to net cash provided by      
Depreciation 71,443 69,973 70,880
Amortization of deferred loan costs, debt discounts and prepaids 6,583 4,685 4,283
Amortization of commitment fees and note receivable discounts (116) (412) (872)
Amortization of lease incentives 2,893 2,521 7,555
Straight-line lease revenue (3,031) (6,961) 16,681
Non-cash rental income 0 (2,500) (3,000)
Non-cash interest income on mortgage and other notes receivable (124) (1,302) (4,314)
Non-cash lease deposit liability recognized as rental income 0 0 (8,838)
Non-cash lease incentive recognized as interest and other income (100) 0 0
Non-cash gain on equity forward (6,261) 0 0
Gains on sales of real estate (6,678) (14,721) (28,342)
Gain on note receivable payoff 0 0 (1,113)
Loss on operations transfer, net 0 0 710
Loss on early retirement of debt 0 73 151
Gains from equity method investment (402) (555) (569)
Loan and realty losses, net 5,295 1,376 61,911
Payment of lease incentives 0 (10,000) (1,200)
Non-cash share-based compensation 4,182 4,605 8,613
Changes in operating assets and liabilities:      
Other assets, net (4,700) (2,743) (3,534)
Accounts payable and accrued expenses 3,285 5,929 425
Deferred income (1,140) 101 412
Net cash provided by operating activities 207,768 184,450 185,340
Cash flows from investing activities:      
Investment in mortgage and other notes receivable (60,412) (35,625) (79,801)
Collection of mortgage and other notes receivable 19,365 13,465 119,212
Fees received on mortgage note 82 0 0
Acquisition of real estate (138,128) (38,081) (6,364)
Proceeds from sales of real estate 6,179 57,031 168,958
Investments in renovations of existing real estate (15,734) (7,732) (4,629)
Investments in equipment (4,069) (3,743) 0
Distributions from equity method investment 402 3,055 569
Net cash (used in) provided by investing activities (192,315) (11,630) 197,945
Cash flows from financing activities:      
Proceeds from revolving credit facility 449,700 364,000 225,000
Payments on revolving credit facility (363,500) (161,000) (183,000)
Borrowings on term loans 0 200,000 0
Payments on term loans and private placement notes (75,436) (415,427) (135,388)
Deferred loan costs (3,486) (2,747) (4,612)
Distributions to noncontrolling interests (1,151) (1,280) (916)
Proceeds from noncontrolling interests 1,170 2,973 11,738
Taxes remitted on employee stock awards (5,819) 0 (288)
Proceeds from equity offering 142,394 0 0
Equity issuance costs (930) 0 (66)
Dividends paid to stockholders (156,510) (156,238) (161,771)
Payments to repurchase shares of common stock 0 0 (151,951)
Net cash used in financing activities (13,568) (169,719) (401,254)
Increase (decrease) in cash and cash equivalents and restricted cash 1,885 3,101 (17,969)
Cash and cash equivalents and restricted cash, beginning of year 24,617 21,516 39,485
Cash and cash equivalents and restricted cash, end of year 26,502 24,617 21,516
Supplemental disclosure of cash flow information:      
Interest paid, net of amounts capitalized 55,374 51,897 42,659
Supplemental disclosure of non-cash investing and financing activities:      
Real estate acquired in exchange for mortgage notes receivable 22,184 14,200 23,071
Increase in mortgage note receivable from sale of real estate 9,000 2,249 0
Change in other assets related to sales of real estate 0 0 102
Change in accounts payable related to investments in real estate construction 0 325 20
Right of use asset in exchange for lease liability 344 101 0
Operating equipment received in lease termination 0 0 1,287
Change in accounts payable related to renovations of existing real estate (250) 0 (37)
Change in accounts payable related to distributions to noncontrolling interests 16 6 139
Change in accounts payable from debt issuance costs 189 0 0
Increase in accounts payable related to transfer of operations 0 0 300
Reclassification of prepaid equity issuance costs to capital in excess of par value $ 471 $ 275 $ 0