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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Real estate investments, at cost (Note 4):    
Land $ 1,416,109 $ 1,430,607
Buildings, fixtures and improvements 5,819,563 5,842,314
Construction in progress 1,887 23,242
Acquired intangible lease assets 1,248,937 1,359,981
Total real estate investments, at cost 8,486,496 8,656,144
Less accumulated depreciation and amortization (1,068,106) (1,083,824)
Total real estate investments, net 7,418,390 7,572,320
Assets held for sale 14,047 3,188
Cash and cash equivalents 131,880 121,566
Restricted cash 51,817 40,833
Derivative assets, at fair value (Note 9) 12,144 10,615
Unbilled straight-line rent 86,995 84,254
Operating lease right-of-use asset (Note 11) 75,475 77,008
Prepaid expenses and other assets 110,706 121,997
Deferred tax assets 4,791 4,808
Goodwill 48,540 46,976
Deferred financing costs, net 14,011 15,412
Total Assets 7,968,796 8,098,977
LIABILITIES AND EQUITY    
Mortgage notes payable, net (Note 5) 2,481,263 2,517,868
Revolving credit facility (Note 6) 1,760,182 1,744,182
Senior notes, net (Note 7) 890,879 886,045
Acquired intangible lease liabilities, net 92,823 95,810
Derivative liabilities, at fair value (Note 9) 3,705 5,145
Accounts payable and accrued expenses 100,963 99,014
Operating lease liability (Note 11) 47,704 48,369
Prepaid rent 47,534 46,213
Deferred tax liability 5,718 6,009
Dividends payable 11,357 11,173
Total Liabilities 5,442,128 5,459,828
Commitments and contingencies (Note 11) 0 0
Stockholders’ Equity (Note 10):    
Common Stock, $0.01 par value, 250,000,000 shares authorized, 230,846,571 and 230,885,197 shares issued and outstanding as of March 31, 2024 and December 31, 2023, respectively 3,639 3,639
Additional paid-in capital 4,351,577 4,350,112
Accumulated other comprehensive loss (11,844) (14,096)
Accumulated deficit (1,818,753) (1,702,143)
Total Stockholders’ Equity 2,524,859 2,637,752
Non-controlling interest 1,809 1,397
Total Equity 2,526,668 2,639,149
Total Liabilities and Equity 7,968,796 8,098,977
Series A Preferred Stock    
Stockholders’ Equity (Note 10):    
Cumulative redeemable preferred stock 68 68
Series B Preferred Stock    
Stockholders’ Equity (Note 10):    
Cumulative redeemable preferred stock 47 47
Series D Preferred Stock    
Stockholders’ Equity (Note 10):    
Cumulative redeemable preferred stock 79 79
Series E Preferred Stock    
Stockholders’ Equity (Note 10):    
Cumulative redeemable preferred stock $ 46 $ 46