XML 14 R2.htm IDEA: XBRL DOCUMENT v3.25.3
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Investment properties    
Land $ 682,564 $ 712,827
Building and other improvements 2,203,225 2,116,092
Construction in progress 10,473 9,951
Total 2,896,262 2,838,870
Less accumulated depreciation (504,627) (511,969)
Net investment properties 2,391,635 2,326,901
Cash, cash equivalents, and restricted cash 76,366 91,221
Intangible assets, net 188,220 137,420
Accounts and rents receivable 39,467 36,131
Deferred costs and other assets, net 39,016 44,277
Total assets 2,734,704 2,635,950
Liabilities    
Debt, net 764,572 740,415
Accounts payable and accrued expenses 50,508 46,418
Distributions payable 18,450 17,512
Intangible liabilities, net 60,246 42,897
Other liabilities 31,815 28,703
Total liabilities 925,591 875,945
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, 77,619,380 shares issued and outstanding as of September 30, 2025 and 77,450,794 shares issued and outstanding as of December 31, 2024 78 77
Additional paid-in capital 5,735,537 5,730,367
Distributions in excess of accumulated net income (3,931,440) (3,984,865)
Accumulated comprehensive income 4,938 14,426
Total stockholders' equity 1,809,113 1,760,005
Total liabilities and stockholders' equity $ 2,734,704 $ 2,635,950