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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Cash flows from operating activities:    
Net income $ 1,133 $ 9,501
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 26,758 22,829
Amortization of market-lease intangibles and inducements, net (1,516) (2,547)
Amortization of debt discounts and financing costs 854 664
Straight-line rent adjustment, net (710) (663)
Reversal of estimated credit losses (504) (1,109)
Loss on extinguishment of debt 0 96
Equity in losses (earnings) of unconsolidated entities 663 (2,716)
Distributions from unconsolidated entities 0 4,950
Stock-based compensation, net 1,967 1,082
Changes in operating assets and liabilities:    
Accounts and rents receivable 5,505 5,890
Deferred costs and other assets, net (3,513) (3,487)
Accounts payable and accrued expenses (14,735) (8,610)
Other liabilities 123 897
Net cash provided by operating activities 16,025 26,777
Cash flows from investing activities:    
Purchase of investment properties (129,635) (130,918)
Capital expenditures and tenant improvements (4,734) (4,303)
Investment in development and redevelopment projects (809) (2,363)
Distributions from unconsolidated entities 79,255 25,300
Lease commissions and other leasing costs (475) (1,067)
Other investing activities 38 (930)
Net cash used in investing activities (56,360) (114,281)
Cash flows from financing activities:    
Distributions to shareholders (13,837) (13,802)
Line of credit proceeds 30,000 105,000
Line of credit repayments (30,000) 0
Payoffs of debt (13,700) (22,328)
Principal payments on mortgage debt (32) (298)
Payment of loan fees and deposits 0 (90)
Other financing activities (567) (109)
Net cash (used in) provided by financing activities (28,136) 68,373
Net decrease in cash, cash equivalents and restricted cash (68,471) (19,131)
Cash, cash equivalents and restricted cash at the beginning of the period 137,762 44,854
Cash, cash equivalents and restricted cash at the end of the period 69,291 25,723
Cash flow disclosure, including non-cash activities:    
Cash paid for interest, net of capitalized interest 11,343 3,930
Cash paid for income taxes, net of refunds 3 0
Previously held equity investments in real estate assets acquired 39,603 0
Distributions payable to shareholders 14,548 13,828
Accrued capital expenditures and tenant improvements 3,969 1,459
Capitalized costs placed in service 2,424 1,391
Purchase of investment properties:    
Net investment properties 181,039 176,623
Accounts and rents receivable, lease intangibles, and deferred costs and other assets 49,322 17,022
Accounts payable and accrued expenses, lease intangibles, and other liabilities (8,950) (5,227)
Assumption of mortgage debt, at fair value (91,776) (57,500)
Cash outflow for purchase of investment properties, net 129,635 130,918
Assumption of mortgage principal 92,468 57,500
Capitalized acquisition costs (78) (814)
Credits and other changes in cash outflow, net (425) 1,736
Gross acquisition price of investment properties $ 221,600 $ 189,340