v3.26.3
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2026
Dec. 31, 2025
Real estate properties    
Land and land improvements $ 160,321 $ 154,673
Buildings, improvements, and lease intangibles 1,058,175 1,047,743
Personal property 816 813
Total real estate properties 1,219,312 1,203,229
Less accumulated depreciation (308,944) (280,316)
Total real estate properties, net 910,368 922,913
Cash and cash equivalents 1,350 3,340
Assets held for sale, net 22,588 5,265
Other assets, net 66,105 59,239
Total assets 1,000,411 990,757
Liabilities    
Debt, net 558,382 532,199
Accounts payable and accrued liabilities 15,281 14,925
Other liabilities, net 13,308 14,246
Total liabilities 586,971 561,370
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; 28,739 and 28,471 shares issued and outstanding at September 30, 2026 and December 31, 2025, respectively 287 285
Additional paid-in capital 724,107 717,450
Cumulative net income 98,757 90,777
Accumulated other comprehensive income 13,028 6,691
Cumulative dividends (422,739) (385,816)
Total stockholders’ equity 413,440 429,387
Total liabilities and stockholders' equity $ 1,000,411 $ 990,757