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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2024
Dec. 31, 2023
Investment properties    
Land $ 710,160 $ 694,668
Building and other improvements 2,013,459 1,956,117
Construction in progress 11,716 5,889
Total 2,735,335 2,656,674
Less accumulated depreciation (496,559) (461,352)
Net investment properties 2,238,776 2,195,322
Cash, cash equivalents and restricted cash 202,758 99,763
Intangible assets, net 107,004 114,485
Accounts and rents receivable 34,797 35,353
Deferred costs and other assets, net 37,146 42,408
Total assets 2,620,481 2,487,331
Liabilities    
Debt, net 740,109 814,568
Accounts payable and accrued expenses 48,683 44,583
Distributions payable 17,455 14,594
Intangible liabilities, net 30,369 30,344
Other liabilities 28,660 29,198
Total liabilities 865,276 933,287
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, 77,130,431 shares issued and outstanding as of September 30, 2024 and 67,807,831 shares issued and outstanding as of December 31, 2023 77 68
Additional paid-in capital 5,721,592 5,468,728
Distributions in excess of accumulated net income (3,977,152) (3,932,826)
Accumulated comprehensive income 10,688 18,074
Total stockholders' equity 1,755,205 1,554,044
Total liabilities and stockholders' equity $ 2,620,481 $ 2,487,331