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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net earnings $ 33,434 $ 27,606
Adjustments to reconcile net earnings to net cash flow provided by operating activities:    
Depreciation and amortization expense 26,024 21,292
Impairment charges 1,792 2,984
Gain on dispositions of real estate (1,185) (903)
Loss on extinguishment of debt   43
Deferred rent receivable (3,317) (2,475)
Amortization of intangible market lease assets and liabilities and lease incentives (287) (2)
Amortization of investment in direct financing leases 3,280 2,923
Amortization of debt issuance costs 1,127 503
Accretion expense 208 278
Stock-based compensation 2,930 2,719
Changes in assets and liabilities:    
Accounts receivable 612 (114)
Prepaid expenses and other assets 490 (2,364)
Environmental remediation obligations (2,959) (2,198)
Accounts payable and accrued liabilities (2,469) (1,766)
Net cash flow provided by operating activities 59,680 48,526
CASH FLOWS FROM INVESTING ACTIVITIES:    
Property acquisitions (150,937) (73,260)
Capital expenditures (350) (141)
Addition to construction in progress (912) (129)
Proceeds from dispositions of real estate 1,232 2,634
Deposits for property acquisitions 4,355 7,675
Issuance of notes and mortgages receivable (19,145) (41,600)
Collection of notes and mortgages receivable 68,114 5,441
Net cash flow used in investing activities (97,643) (99,380)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Borrowings under Revolving Credit Facility 82,500 43,500
Repayments under Revolving Credit Facility (75,000) (113,500)
Proceeds from Senior Unsecured Notes   125,000
Repayments under Senior Unsecured Notes   (75,043)
Proceeds from Term Loan 75,000  
Payment of debt issuance costs   (414)
Payment of finance lease obligations (123) (164)
Security deposits received (refunded) 1,037 (1,136)
Payments of cash dividends (49,771) (41,517)
Payments in settlement of restricted stock units (1,030) (1,002)
Proceeds from issuance of common stock, net - February 2023 Forward Offering (58)  
Proceeds from issuance of common stock, net - ATM Program 7,205 114,116
Net cash flow provided by financing activities 39,760 49,840
Change in cash, cash equivalents and restricted cash 1,797 (1,014)
Cash, cash equivalents and restricted cash at beginning of period 5,286 11,249
Cash, cash equivalents and restricted cash at end of period 7,083 10,235
Supplemental disclosures of cash flow information Cash paid during the period for:    
Interest 18,715 14,245
Income taxes 300 563
Environmental remediation obligations 2,205 2,120
Non-cash transactions:    
Dividends declared but not yet paid $ 25,047 $ 22,262