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Real Estate, Net (Tables)
6 Months Ended
Jun. 30, 2022
Real Estate [Abstract]  
Schedule of Real Estate Investment
The following is a summary of real estate, net, collectively, as of June 30, 2022 and December 31, 2021, respectively (dollar amounts in thousands):

June 30, 2022December 31, 2021
Land$218,223 $111,182 
Building and improvements1,524,023 835,635 
Furniture, fixture and equipment46,491 23,546 
Operating real estate$1,788,737 $970,363 
Accumulated depreciation(27,332)(3,890)
Operating real estate, net$1,761,405 $966,473 
Real estate held for sale, net (1)
$30,915 $51,110 
Real estate, net$1,792,320 $1,017,583 

(1)Real estate held for sale, net is recorded at the lower of the net carrying amount of the assets or the estimated fair value, net of selling costs.
Schedule of Components of Lease Intangibles, Net The following table presents the components of lease intangibles, net as of June 30, 2022 and December 31, 2021, respectively (dollar amounts in thousands):
June 30, 2022December 31, 2021
Lease intangibles$92,216 $51,969 
Accumulated amortization(73,292)(12,200)
Lease intangibles, net$18,924 $39,769 
Schedule Of Components Of Income From Real Estate And Expenses The following table presents the components of income from real estate and expenses related to real estate for the three and six months ended June 30, 2022 and 2021, respectively (dollar amounts in thousands):
For the Three Months Ended June 30,For the Six Months Ended June 30,
2022202120222021
Rental income$32,137 $2,078 $55,425 $3,567 
Other income3,733 72 6,033 78 
Total income from real estate$35,870 $2,150 $61,458 $3,645 
Interest expense, mortgages payable on real estate (1)
$13,151 $430 $20,308 $740 
Depreciation expense on operating real estate$15,132 $838 $25,244 $1,519 
Amortization of lease intangibles related to operating real estate37,262 1,516 62,737 2,758 
Other expenses18,365 1,559 30,767 2,560 
Total expenses related to real estate$70,759 $3,913 $118,748 $6,837 
(1)Included in interest expense in the accompanying condensed consolidated statements of operations.