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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Cash flows from operating activities:      
Net income $ 111,421 $ 13,658 $ 5,269
Adjustments to reconcile to net cash provided by operating activities:      
Depreciation and amortization 128,497 113,948 113,430
Amortization of market-lease intangibles and inducements, net (4,422) (2,804) (3,343)
Amortization of debt discounts and financing costs 2,870 2,403 4,113
Accretion of finance lease liability 109 0 0
Straight-line rent adjustments, net (3,671) (3,400) (3,349)
Impairment of real estate assets 0 3,854 0
Provision for estimated credit losses 1,037 430 1,033
Gain on sale of investment properties, net (90,961) (3,857) (2,691)
Loss on extinguishment of debt 0 0 15
Equity in losses of unconsolidated entities 0 0 557
Stock-based compensation, net 10,907 9,896 9,021
Changes in operating assets and liabilities:      
Accounts and rents receivable (1,724) 1,512 1,483
Deferred costs and other assets, net (2,131) (236) 91
Accounts payable and accrued expenses (797) 511 2,054
Other liabilities 4,281 961 1,938
Net cash provided by operating activities 155,416 136,876 129,621
Cash flows from investing activities:      
Purchase of investment properties (400,856) (268,125) (152,047)
Capital investments and leasing costs (44,522) (36,116) (35,744)
Proceeds from the sale of investment properties, net 299,504 65,062 12,559
Distributions from unconsolidated entities 0 0 95,065
Other investing activities, net 969 (1,356) 449
Net cash used in investing activities (144,905) (240,535) (79,718)
Cash flows from financing activities:      
Payment of tax withholdings for stock-based compensation (3,931) (2,598) (1,583)
Proceeds from sale of common stock under ESPP 488 280 235
Payment of common stock offering costs (9) (12,078) (341)
Distributions to stockholders (72,847) (62,779) (57,491)
Proceeds from term loan 400,000 0 0
Repayment of term loan (400,000) 0 0
Proceeds from line of credit 68,000 10,000 30,000
Repayments of line of credit (13,000) (10,000) (30,000)
Payoffs of mortgage debt (35,880) (88,168) (33,700)
Payment of mortgage principal (407) 0 (32)
Payment of financing costs (3,628) (5,278) (175)
Other financing activities 0 0 20
Net cash (used in) provided by financing activities (61,214) 95,117 (87,902)
Net decrease in cash, cash equivalents, and restricted cash (50,703) (8,542) (37,999)
Cash, cash equivalents, and restricted cash at beginning of year 91,221 99,763 137,762
Cash, cash equivalents, and restricted cash at end of year 40,518 91,221 99,763
Cash flow disclosure, including non-cash investing and financing activities:      
Cash paid for interest, net of capitalized interest 31,257 35,605 33,093
Cash paid for income taxes, net of refunds 659 530 209
Previously held equity investments in real estate assets acquired 0 0 39,603
Distributions payable to stockholders 18,450 17,512 14,594
Accrued capital investments and leasing costs 4,248 3,620 2,562
Capitalized costs placed in service 23,492 14,948 16,402
Gross issuance of shares for share-based compensation 10,921 7,662 4,558
Finance lease right of use assets obtained in exchange for lease liabilities 10,973 0 0
Purchase of investment properties:      
Net investment properties 396,832 245,355 200,085
Accounts and rents receivable, lease intangibles, and deferred costs and other assets 96,814 54,041 52,871
Accounts payable and accrued expenses, lease intangibles, and other liabilities (34,951) (18,681) (9,133)
Assumption of mortgage debt, at fair value (57,839) (12,590) (91,776)
Cash outflow for purchase of investment properties, net 400,856 268,125 152,047
Assumption of mortgage principal 60,512 13,000 92,468
Capitalized acquisition costs (2,571) (1,116) (150)
Credits, prorations, and other changes in cash outflow, net 5,778 2,061 (365)
Gross acquisition price of investment properties 464,575 282,070 244,000
Sale of investment properties:      
Net investment properties 205,614 59,912 10,086
Accounts and rents receivable, lease intangibles, and deferred costs and other assets 4,168 1,564 297
Accounts payable and accrued expenses, lease intangibles, and other liabilities (1,239) (271) (515)
Gain on sale of investment properties, net 90,961 3,857 2,691
Proceeds from sale of investment properties, net 299,504 65,062 12,559
Credits, prorations, and other changes in cash inflow, net 6,725 3,490 583
Gross disposition price of investment properties 306,229 68,552 13,142
Public Offering      
Cash flows from financing activities:      
Proceeds from sale of common stock 0 257,600 0
ATM Program      
Cash flows from financing activities:      
Proceeds from sale of common stock $ 0 $ 8,138 $ 5,165