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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Cash flows from operating activities:    
Net income $ 3,201 $ 51,422
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 55,021 47,034
Amortization of market-lease intangibles and inducements, net (2,088) (3,609)
Amortization of debt discounts and financing costs 2,119 1,341
Straight-line rent adjustment, net (1,546) (1,370)
Reversal of estimated credit losses (340) (1,777)
Gain on sale of investment properties (984) (36,856)
Loss on extinguishment of debt 0 96
Equity in losses (earnings) of unconsolidated entities 514 (3,432)
Distributions from unconsolidated entities 0 7,700
Stock-based compensation, net 4,269 2,402
Changes in operating assets and liabilities:    
Accounts and rents receivable 6,181 5,027
Deferred costs and other assets, net 411 (3,029)
Accounts payable and accrued expenses (4,162) (433)
Other liabilities 889 (1,024)
Net cash provided by operating activities 63,485 63,492
Cash flows from investing activities:    
Purchase of investment properties (152,047) (156,139)
Capital expenditures and tenant improvements (12,692) (10,134)
Investment in development and redevelopment projects (2,622) (6,124)
Proceeds from sale of investment properties, net 1,581 54,276
Distributions from unconsolidated entities 91,355 47,355
Lease commissions and other leasing costs (1,840) (2,061)
Other investing activities (1,540) (954)
Net cash used in investing activities (77,805) (73,781)
Cash flows from financing activities:    
Distributions to shareholders (28,385) (27,630)
Line of credit proceeds 30,000 112,000
Line of credit repayments (30,000) 0
Payoffs of debt (13,700) (22,328)
Principal payments on mortgage debt (32) (521)
Payment of loan fees and deposits 0 (179)
Other financing activities (576) (14)
Net cash (used in) provided by financing activities (42,693) 61,328
Net decrease (increase) in cash, cash equivalents and restricted cash (57,013) 51,039
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 80,749 95,893
Cash flow disclosure, including non-cash activities:    
Cash paid for interest, net of capitalized interest 16,727 8,604
Cash paid for income taxes, net of refunds 525 471
Previously held equity investments in real estate assets acquired 39,603 0
Distributions payable to shareholders 14,553 13,836
Accrued capital expenditures and tenant improvements 2,944 2,607
Capitalized costs placed in service 5,643 2,494
Purchase of investment properties:    
Net investment properties 200,085 216,750
Accounts and rents receivable, lease intangibles, and deferred costs and other assets 52,871 29,759
Accounts payable and accrued expenses, lease intangibles, and other liabilities (9,133) (10,489)
Assumption of mortgage debt, at fair value (91,776) (79,881)
Cash outflow for purchase of investment properties, net 152,047 156,139
Assumption of mortgage principal 92,468 80,380
Capitalized acquisition costs (150) (886)
Credits and other changes in cash outflow, net (365) 2,837
Gross acquisition price of investment properties 244,000 238,470
Sale of investment properties:    
Net investment properties 597 17,792
Accounts and rents receivable, lease intangibles, and deferred costs and other assets 0 544
Accounts payable and accrued expenses, lease intangibles, and other liabilities 0 (916)
Gain on sale of investment properties 984 36,856
Proceeds from sale of investment properties, net 1,581 54,276
Credits and other changes in cash inflow, net 111 1,174
Gross disposition price of investment properties $ 1,692 $ 55,450