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Supplemental and Noncash Information (Tables)
12 Months Ended
Dec. 31, 2024
Supplemental Cash Flow Information [Abstract]  
Schedule of Noncash Investing and Financing Activities

The Company’s noncash investing and financing activities for the years ended December 31, 2024, 2023 and 2022 were as follows:

 

 

Year Ended December 31,

 

 

 

2024

 

 

2023

 

 

2022

 

Additions to real estate assets accrued but not yet paid

 

$

16,395

 

 

$

8,749

 

 

$

9,242

 

Accrued dividends and distributions payable

 

 

 

 

 

 

 

 

70,058

 

Deconsolidation upon loss of control (1):

 

 

 

 

 

 

 

 

 

Decrease in real estate assets

 

 

 

 

 

(14,419

)

 

 

(18,810

)

Decrease in mortgage and other indebtedness

 

 

 

 

 

63,339

 

 

 

56,226

 

Decrease in operating assets and liabilities

 

 

 

 

 

6,409

 

 

 

5,686

 

Decrease in intangible lease and other assets

 

 

 

 

 

(7,450

)

 

 

(6,852

)

Settlement of mortgage debt obligations (2):

 

 

 

 

 

 

 

 

 

Decrease in mortgage and other indebtedness

 

 

 

 

 

3,270

 

 

 

3,857

 

Decrease in operating assets and liabilities

 

 

 

 

 

 

 

 

3,487

 

Conversion of exchangeable notes (3):

 

 

 

 

 

 

 

 

 

Decrease in mortgage and other indebtedness

 

 

 

 

 

 

 

 

150,000

 

Decrease in operating assets and liabilities

 

 

 

 

 

 

 

 

2,537

 

Increase in shareholders' equity

 

 

 

 

 

 

 

 

(152,537

)

(1)
See Note 7 for more information.
(2)
See Note 8 for more information.
(3)
In February 2022, the Company issued 10,982,795 shares of common stock to holders of the exchangeable notes in satisfaction of principal, accrued interest and the make whole payment, and all the exchangeable notes were cancelled in accordance with the terms of the indenture.