v3.26.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Real estate investments:    
Land $ 1,532,635 $ 1,499,059
Buildings, equipment and improvements 2,040,779 1,998,573
Total real estate investments 3,573,414 3,497,632
Less: accumulated depreciation (839,554) (816,992)
Total real estate investments, net 2,733,860 2,680,640
Intangible real estate assets, net 128,392 129,371
Total real estate investments and intangible real estate assets, net 2,862,252 2,810,011
Cash and cash equivalents 24,790 12,144
Straight-line rent adjustment 72,959 71,765
Derivative assets 15,302 9,385
Deferred tax assets 1,755 1,679
Other assets 19,305 15,742
Total Assets 2,996,363 2,920,726
Liabilities:    
Term loan and revolving credit facility, net of deferred financing costs 630,744 581,880
Senior unsecured notes, net of deferred financing costs 622,616 622,291
Dividends payable 80,369 39,567
Rent received in advance 16,255 17,939
Derivative liabilities 446 5,055
Other liabilities 23,578 24,155
Total liabilities 1,374,008 1,290,887
Equity:    
Preferred stock, $0.0001 par value per share, 25,000,000 shares authorized, zero shares issued and outstanding 0 0
Common stock, $0.0001 par value per share, 500,000,000 shares authorized, 109,756,406 and 108,188,605 shares issued and outstanding, respectively 11 11
Additional paid-in capital 1,755,885 1,713,606
Accumulated deficit (153,755) (93,555)
Accumulated other comprehensive income 18,155 7,665
Noncontrolling interest 2,059 2,112
Total equity 1,622,355 1,629,839
Total Liabilities and Equity $ 2,996,363 $ 2,920,726