v3.26.3
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2026
Dec. 31, 2025
Investment properties    
Land $ 747,227 $ 702,147
Building and other improvements 2,478,598 2,295,852
Construction in progress 14,976 7,473
Total 3,240,801 3,005,472
Less accumulated depreciation (577,960) (525,830)
Net investment properties 2,662,841 2,479,642
Cash, cash equivalents, and restricted cash 36,704 40,518
Intangible assets, net 211,585 193,963
Accounts and rents receivable 44,784 37,471
Deferred costs and other assets, net 53,466 37,053
Total assets 3,009,380 2,788,647
Liabilities    
Debt, net 1,040,203 825,881
Accounts payable and accrued expenses 60,897 48,291
Distributions payable 19,494 18,450
Intangible liabilities, net 77,396 68,475
Other liabilities 31,890 33,288
Total liabilities 1,229,880 994,385
Commitments and contingencies
Stockholders' Equity    
Preferred stock, $0.001 par value, 40,000,000 shares authorized, none outstanding 0 0
Common stock, $0.001 par value, 146,000,000 shares authorized, 77,978,431 shares issued and outstanding as of September 30, 2026 and 77,691,533 shares issued and outstanding as of December 31, 2025 78 78
Additional paid-in capital 5,738,889 5,736,652
Distributions in excess of accumulated net income (3,979,733) (3,947,229)
Accumulated comprehensive income 20,266 4,761
Total stockholders' equity 1,779,500 1,794,262
Total liabilities and stockholders' equity $ 3,009,380 $ 2,788,647