v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Real estate properties    
Land and land improvements $ 163,506 $ 154,673
Buildings, improvements, and lease intangibles 1,077,295 1,047,743
Personal property 814 813
Total real estate properties 1,241,615 1,203,229
Less accumulated depreciation (301,593) (280,316)
Total real estate properties, net 940,022 922,913
Cash and cash equivalents 2,673 3,340
Assets held for sale, net 0 5,265
Other assets, net 60,900 59,239
Total assets 1,003,595 990,757
Liabilities    
Debt, net 559,321 532,199
Accounts payable and accrued liabilities 17,691 14,925
Other liabilities, net 12,341 14,246
Total liabilities 589,353 561,370
Commitments and contingencies
Stockholders' Equity    
Preferred stock, $0.01 par value; 50,000 shares authorized; none issued and outstanding 0 0
Common stock, $0.01 par value; 450,000 shares authorized; 28,655 and 28,471 shares issued and outstanding at June 30, 2026 and December 31, 2025, respectively 287 285
Additional paid-in capital 722,454 717,450
Cumulative net income 95,689 90,777
Accumulated other comprehensive income 9,047 6,691
Cumulative dividends (413,235) (385,816)
Total stockholders’ equity 414,242 429,387
Total liabilities and stockholders' equity $ 1,003,595 $ 990,757