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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Real estate investments, at cost (Note 3):    
Land $ 502,231 $ 494,101
Buildings, fixtures and improvements 3,331,471 3,276,656
Construction in progress 34,221 26,717
Acquired intangible lease assets 739,067 689,275
Total real estate investments, at cost 4,606,990 4,486,749
Less accumulated depreciation and amortization (936,182) (891,479)
Total real estate investments, net 3,670,808 3,595,270
Assets held for sale 0 0
Cash and cash equivalents 119,161 103,335
Restricted cash 1,432 1,110
Derivative assets, at fair value (Note 8) 30,798 37,279
Unbilled straight-line rent 75,170 73,037
Operating lease right-of-use asset (Note 10) 50,987 49,166
Prepaid expenses and other assets 56,487 64,348
Due from related parties 568 464
Deferred tax assets 2,581 3,647
Goodwill 21,550 21,362
Deferred financing costs, net 11,954 12,808
Total Assets 4,041,496 3,961,826
LIABILITIES AND EQUITY    
Mortgage notes payable, net (Note 4) 1,240,795 1,233,081
Revolving credit facility (Note 5) 767,942 669,968
Senior notes, net (Note 6) 493,464 493,122
Acquired intangible lease liabilities, net 23,852 24,550
Derivative liabilities, at fair value (Note 8) 1,033 328
Due to related parties 444 1,183
Accounts payable and accrued expenses 30,882 22,889
Operating lease liability (Note 10) 22,029 21,877
Prepaid rent 37,849 28,456
Deferred tax liability 6,386 7,264
Dividends payable 5,208 5,189
Total Liabilities 2,629,884 2,507,907
Commitments and contingencies (Note 10) 0 0
Stockholders’ Equity (Note 9):    
Common Stock, $0.01 par value, 250,000,000 shares authorized, 104,157,910 and 104,141,899 shares issued and outstanding as of March 31, 2023 and December 31, 2022, respectively 2,371 2,371
Additional paid-in capital 2,683,827 2,683,169
Accumulated other comprehensive income 3,702 1,147
Accumulated deficit (1,295,547) (1,247,781)
Total Stockholders’ Equity 1,394,468 1,439,021
Non-controlling interest 17,144 14,898
Total Equity 1,411,612 1,453,919
Total Liabilities and Equity 4,041,496 3,961,826
Series A Preferred Stock    
Stockholders’ Equity (Note 9):    
Cumulative redeemable preferred stock 68 68
Series B Preferred Stock    
Stockholders’ Equity (Note 9):    
Cumulative redeemable preferred stock $ 47 $ 47