v3.26.1
Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Assets    
Real estate properties, net $ 2,751,493 $ 2,714,650
Cash and cash equivalents 3,300 23,374
Restricted cash 10,353 10,257
Tenant accounts receivable 70,568 51,493
Investment in unconsolidated real estate venture 299,986 304,721
Real estate loans receivable, net and investment in sales-type lease, net 44,963 34,286
Intangible assets, net 182,225 183,911
Interest rate swaps 1,003  
Prepaid expenses and other assets 52,508 57,078
Total assets 3,416,399 3,379,770
Liabilities    
Revolving credit facility 43,050 199,050
Term loan facilities, net 495,847 297,200
Notes payable, net 1,019,382 1,018,884
Mortgage notes payable, net 148,906 151,191
Intangible liabilities, net 12,855 11,959
Deferred revenue 225,996 219,201
Interest rate swaps 0 3,034
Accounts payable, accrued expenses and other liabilities 110,604 109,686
Total liabilities 2,056,640 2,010,205
Equity    
Common stock, par value $0.01, 80,000,000 shares authorized, 47,321,617 and 46,303,469 shares issued and outstanding at June 30, 2026 and December 31, 2025, respectivel 473 463
Additional paid-in capital 1,983,878 1,958,412
Retained earnings 149,272 144,857
Cumulative dividends (817,791) (776,022)
Accumulated other comprehensive loss (567) (4,578)
Total stockholders’ equity 1,315,265 1,323,132
Non-controlling interest in Operating Partnership 44,494 46,433
Total equity 1,359,759 1,369,565
Total liabilities and equity $ 3,416,399 $ 3,379,770