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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Cash flows from operating activities:    
Net income $ 102,734 $ 4,398
Adjustments to reconcile to net cash provided by operating activities:    
Depreciation and amortization 61,352 56,958
Amortization of market-lease intangibles and inducements, net (1,984) (1,233)
Amortization of debt discounts and financing costs 1,340 1,175
Accretion of finance lease liability 11 0
Straight-line rent adjustments, net (1,738) (1,887)
Provision for estimated credit losses 290 231
Gain on sale of investment properties (90,909) 0
Stock-based compensation, net 5,484 4,757
Changes in operating assets and liabilities:    
Accounts and rents receivable 709 6,148
Deferred costs and other assets, net (3,179) (1,542)
Accounts payable and accrued expenses (5,055) (5,891)
Other liabilities (189) (1,652)
Net cash provided by operating activities 68,866 61,462
Cash flows from investing activities:    
Purchase of investment properties (97,402) (60,533)
Capital investments and leasing costs (18,104) (16,520)
Proceeds from sale of investment properties, net 299,422 0
Other investing activities, net 1,291 (192)
Net cash provided by (used in) investing activities 185,207 (77,245)
Cash flows from financing activities:    
Payment of tax withholdings for share-based compensation (2,420) (1,197)
Proceeds from sale of common stock under ESPP 210 0
Distributions to stockholders (35,950) (29,954)
Proceeds from line of credit 13,000 0
Repayments of line of credit (13,000) 0
Payoffs of mortgage debt (13,000) (15,700)
Principal payments of mortgage debt (95) 0
Net cash used in financing activities (51,255) (46,851)
Net increase (decrease) in cash, cash equivalents, and restricted cash 202,818 (62,634)
Cash, cash equivalents, and restricted cash at the beginning of the period 91,221 99,763
Cash, cash equivalents, and restricted cash at the end of the period 294,039 37,129
Cash flow disclosure, including non-cash activities:    
Cash paid for interest, net of capitalized interest 15,362 18,536
Cash paid for income taxes, net of refunds 675 569
Distributions payable to stockholders 18,447 15,370
Accrued capital investments and leasing costs 5,240 4,377
Capitalized costs placed in service 11,301 4,944
Gross issuance of shares for stock-based compensation 6,975 3,963
Finance lease right of use assets obtained in exchange for lease liabilities 10,973 0
Purchase of investment properties:    
Net investment properties 93,752 62,914
Accounts and rents receivable, lease intangibles, and deferred costs and other assets 20,658 12,840
Accounts payable and accrued expenses, lease intangibles, and other liabilities (9,613) (2,631)
Assumption of mortgage debt, net (7,395) (12,590)
Cash outflow for purchase of investment properties, net 97,402 60,533
Assumption of mortgage principal 7,981 13,000
Capitalized acquisition costs (1,050) (260)
Credits and other changes in cash outflow, net 1,042 327
Gross acquisition price of investment properties 105,375 73,600
Sale of investment properties:    
Net investment properties 205,436 0
Accounts and rents receivable, lease intangibles, and deferred costs and other assets 4,168 0
Accounts payable and accrued expenses, lease intangibles, and other liabilities (1,091) 0
Gain on sale of investment properties 90,909 0
Proceeds from sale of investment properties, net 299,422 0
Credits and other changes in cash inflow, net 6,578 0
Gross disposition price of investment properties $ 306,000 $ 0