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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Investment properties    
Land $ 650,764 $ 598,936
Building and other improvements 1,825,893 1,664,525
Construction in progress 5,005 9,642
Total 2,481,662 2,273,103
Less accumulated depreciation (389,361) (350,256)
Net investment properties 2,092,301 1,922,847
Cash, cash equivalents and restricted cash 137,762 44,854
Investment in unconsolidated entities 56,131 107,944
Intangible assets, net 101,167 81,026
Accounts and rents receivable 34,528 30,059
Deferred costs and other assets, net 51,145 25,685
Total assets 2,473,034 2,212,415
Liabilities    
Debt, net 754,551 533,082
Accounts payable and accrued expenses 42,792 36,208
Distributions payable 13,837 13,802
Intangible liabilities, net 29,658 28,995
Other liabilities 28,287 28,776
Total liabilities 869,125 640,863
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, 146,000,000 shares authorized, 67,472,553 shares issued and outstanding as of December 31, 2022 and 67,344,374 shares issued and outstanding as of December 31, 2021 67 67
Additional paid-in capital 5,456,968 5,452,550
Distributions in excess of accumulated net income (3,879,847) (3,876,743)
Accumulated comprehensive income (loss) 26,721 (4,322)
Total stockholders' equity 1,603,909 1,571,552
Total liabilities and stockholders' equity $ 2,473,034 $ 2,212,415