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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
CASH FLOWS FROM OPERATING ACTIVITIES    
Net (loss) income $ (6,857) $ 22,002
Adjustments to reconcile net (loss) income to net cash provided by operating activities:    
Depreciation and amortization 34,940 33,173
Loss related to a previously disposed property 1,198 0
Net unrealized holding losses on investments 2,015 2,059
Stock compensation expense 4,245 4,885
Straight-line rents (76) (767)
Equity in losses (gains) of unconsolidated affiliates 312 (29)
Distributions of operating income from unconsolidated affiliates 1,245 1,097
Adjustments to straight-line rent reserves 0 473
Amortization of financing costs 1,766 1,647
Non-cash lease expense 938 901
Adjustments to allowance for credit loss (73) 326
Other, net (1,232) (1,568)
Changes in assets and liabilities:    
Rents receivable (3,253) 3,562
Other liabilities (2,844) (1,281)
Accounts payable and accrued expenses (3,164) (6,256)
Prepaid expenses and other assets (2,213) 118
Lease liability - operating leases (959) (910)
Net cash provided by operating activities 25,988 59,432
CASH FLOWS FROM INVESTING ACTIVITIES    
Investments in and advances to unconsolidated affiliates (2,532) (24,911)
Development, construction and property improvement costs (12,775) (12,529)
Refund of deposits for properties under purchase contract 0 930
Return of capital from unconsolidated affiliates 2,615 35,406
Payment of deferred leasing costs (1,132) (2,508)
Proceeds from sale of marketable securities 3,995 0
Proceeds from repayment of notes receivable 6,000 0
Net cash used in investing activities (3,829) (3,612)
CASH FLOWS FROM FINANCING ACTIVITIES    
Proceeds from unsecured debt 31,750 43,309
Principal payments on unsecured debt (210,950) (88,395)
Proceeds from the sale of Common Shares 113,848 0
Capital contributions from noncontrolling interests 37,556 31,242
Principal payments on mortgage and other notes (12,976) (2,196)
Distributions to noncontrolling interests (6,790) (22,999)
Dividends paid to Common Shareholders (17,165) (17,122)
Proceeds received on mortgage and other notes 45,553 0
Payment of deferred financing and other costs (1,323) (498)
Payment of finance lease obligations (42) 0
Net cash used in financing activities (20,539) (56,659)
Increase (decrease) in cash and restricted cash 1,620 (839)
Cash and cash equivalents of $17,481 and $17,158 and restricted cash of $7,813 and $15,063, respectively, beginning of period 25,294 32,221
Cash and cash equivalents of $18,795 and $17,125 and restricted cash of $8,119 and $14,257, respectively, end of period 26,914 31,382
Supplemental disclosure of cash flow information    
Cash paid during the period for interest, net of capitalized interest of $1,648 and $1,928 respectively 31,612 23,107
Cash paid for income taxes, net of refunds 31 123
Supplemental disclosure of non-cash investing and financing activities    
Dividends/distributions declared and payable 19,898 18,351
Conversion of Common OP Units to Common Shares 12,913 631
Accrued interest on note receivable recorded to noncontrolling interest 2,362 2,307
Recognition of non-refundable deposit upon expiration of sale agreement 3,315 0
Distributions to noncontrolling interests of marketable securities 0 49,117
Reclassification of investment in unconsolidated affiliate to marketable securities $ 0 $ 32,745