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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Investment properties    
Land $ 598,936 $ 577,750
Building and other improvements 1,664,525 1,640,693
Construction in progress 9,642 3,246
Total 2,273,103 2,221,689
Less accumulated depreciation (350,256) (292,248)
Net investment properties 1,922,847 1,929,441
Cash, cash equivalents and restricted cash 44,854 223,770
Investment in unconsolidated entities 107,944 109,051
Intangible assets, net 81,026 95,722
Accounts and rents receivable 30,059 28,983
Deferred costs and other assets, net 25,685 20,372
Total assets 2,212,415 2,407,339
Liabilities    
Debt, net 533,082 555,109
Accounts payable and accrued expenses 36,208 28,284
Distributions payable 13,802 13,642
Intangible liabilities, net 28,995 34,872
Other liabilities 28,776 36,569
Total liabilities 640,863 668,476
Commitments and contingencies
Stockholders' Equity    
Preferred stock, $0.001 par value, 40,000,000 shares authorized, none outstanding. 0 0
Common stock, $0.001 par value, 1,460,000,000 shares authorized, 67,344,374 shares issued and outstanding as of December 31, 2021 and 71,998,654 shares issued and outstanding as of December 31, 2020 67 72
Additional paid-in capital 5,452,550 5,566,902
Distributions in excess of accumulated net income (3,876,743) (3,815,662)
Accumulated comprehensive loss (4,322) (12,449)
Total stockholders' equity 1,571,552 1,738,863
Total liabilities and stockholders' equity $ 2,212,415 $ 2,407,339