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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Cash flows from operating activities:    
Net income $ 15,653 $ 13,032
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 22,594 16,325
Amortization of bond issuance costs 1,380 162
Stock Based Compensation 72
Amortization of deferred financing costs 402 323
Increase in other assets (723) (3,446)
Amortization of right of use lease asset 175 292
Foreign currency translation adjustments 4,086 657
Increase in straight-line rent receivables, net (3,022) (1,935)
Increase (decrease) in accounts payable and accrued liabilities and other liabilities 8,339 (2,424)
Repayment of operating lease liability (175) (292)
Net cash provided by operating activities 48,781 22,694
Cash flow from investing activities:    
Purchase of real estate investments (40,500) (5,825)
Purchase of lease rights (18,000)
Principal payments of notes receivable 77 564
Net cash used in investing activities (40,423) (23,261)
Cash flows from financing activities:    
Proceeds from issuance of bonds, net 85,979 25,691
Proceeds from issuance of ATM sales, net 2,244
Repayment of senior debt (36,593) (7,142)
Repayment of Note Payable (4,026)
Payment of dividends (3,456) (1,612)
Non-controlling interest distributions (12,040) (11,350)
OP unit retirement (2,026)
Common Stock Retirement (652) (660)
Net cash provided by financing activities 29,430 4,927
Increase in cash and cash equivalents and restricted cash and equivalents 37,788 4,360
Cash and cash equivalents and restricted cash and equivalents at the beginning of the period 93,656 37,758
Cash and cash equivalents and restricted cash and equivalents at the end of the period 131,444 42,118
Supplemental Disclosure of Cash Flow Information:    
Cash paid during the period for interest 22,925 15,075
Accumulated other comprehensive (loss) income:    
Foreign currency translation adjustments (16,746) 3,985
Note Payable in exchange for acquisition of intangible asset 50,880
Transfer of other assets to real estate Investments, net 4,243
Right of use lease asset obtained in exchange for operating lease liabilities $ 3,017