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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Cash flows from operating activities    
Net (loss) income $ 689 $ 3,976
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 30,795 22,730
Amortization of deferred financing costs 615 314
Above/below market lease amortization, net 57 0
Noncash revenue adjustments (839) (1,427)
Stock-based compensation expense 2,279 2,344
Gain on sales of real estate, net (296) (2,019)
Provisions for impairment 2,836 1,114
Loss on debt extinguishment 128 0
Gain on involuntary conversion of building and improvements (47) 0
Changes in assets and liabilities, net of assets acquired and liabilities assumed:    
Other assets, net (2,227) (3,325)
Accounts payable, accrued expenses and other liabilities 1,628 (1,057)
Lease incentive payments (1,223) (400)
Net cash provided by operating activities 34,395 22,250
Cash flows from investing activities    
Acquisitions of real estate (163,934) (207,289)
Real estate development and improvements (19,426) (8,016)
Investment in mortgage loan receivables (61,422) (46,466)
Earnest money deposits (1,066) (39,659)
Purchase of computer equipment and other corporate assets (23) 0
Proceeds from sale of real estate 19,299 12,177
Proceeds from the settlement of property-related insurance claims 47 0
Net cash used in investing activities (226,525) (289,253)
Cash flows from financing activities    
Issuance of common stock in public offerings, net 167,439 125,497
Payment of common stock dividends (23,823) (18,476)
Payment of OP unit distributions (203) (213)
Payment of restricted stock dividends (93) (106)
Principal payments on mortgages payable (63) 0
Proceeds under revolving credit facilities 221,000 245,000
Repayments under revolving credit facilities (228,000) (72,000)
Proceeds under property development incentives 0 605
Repurchase of common stock for tax withholding obligations (368) (363)
Deferred offering costs (185) (694)
Deferred financing costs (977) 0
Net cash provided by financing activities 134,727 279,250
Net change in cash, cash equivalents and restricted cash (57,403) 12,247
Cash, cash equivalents and restricted cash at beginning of the period 70,543 7,603
Cash, cash equivalents and restricted cash at end of the period 13,140 19,850
Supplemental disclosures of cash flow information:    
Cash paid for interest, net 8,045 2,345
Cash paid for income taxes 477 45
Supplemental disclosures of non-cash investing and financing activities:    
Dividends declared and unpaid on restricted stock 250 277
Deferred Offering Costs Incurred but Not yet Paid 121 0
Cash flow hedge change in fair value 409 7,549
Accrued capital expenditures and real estate development and improvement costs 3,858 2,848
Accrued lease incentives $ 0 $ 500