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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Investment properties    
Land $ 698,532 $ 694,668
Building and other improvements 1,979,896 1,956,117
Construction in progress 7,202 5,889
Total 2,685,630 2,656,674
Less accumulated depreciation (476,541) (461,352)
Net investment properties 2,209,089 2,195,322
Cash, cash equivalents and restricted cash 75,116 99,763
Intangible assets, net 110,920 114,485
Accounts and rents receivable 29,766 35,353
Deferred costs and other assets, net 51,477 42,408
Total assets 2,476,368 2,487,331
Liabilities    
Debt, net 827,527 814,568
Accounts payable and accrued expenses 28,764 44,583
Distributions payable 15,360 14,594
Intangible liabilities, net 29,730 30,344
Other liabilities 26,938 29,198
Total liabilities 928,319 933,287
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, 67,874,528 shares issued and outstanding as of March 31, 2024 and 67,807,831 shares issued and outstanding as of December 31, 2023 68 68
Additional paid-in capital 5,471,191 5,468,728
Distributions in excess of accumulated net income (3,945,286) (3,932,826)
Accumulated comprehensive income 22,076 18,074
Total stockholders' equity 1,548,049 1,554,044
Total liabilities and stockholders' equity $ 2,476,368 $ 2,487,331