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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Real estate properties    
Land $ 1,439,798 $ 387,918
Buildings and improvements 11,332,037 4,337,641
Lease intangibles 959,998 120,478
Personal property 11,907 11,761
Investment in financing receivables, net 120,236 186,745
Financing lease right-of-use assets 83,824 31,576
Construction in progress 35,560 3,974
Land held for development 74,265 24,849
Total real estate investments 14,057,625 5,104,942
Less accumulated depreciation (1,645,271) (1,338,743)
Total real estate investments, net 12,412,354 3,766,199
Cash and cash equivalents 60,961 13,175
Assets held for sale, net 18,893 57
Operating lease right-of-use assets 336,983 128,386
Investments in unconsolidated joint ventures 327,248 161,942
Goodwill 223,202 3,487
Other assets, net 469,990 185,673
Total assets 13,849,631 4,258,919
Liabilities    
Notes and bonds payable 5,351,827 1,801,325
Accounts payable and accrued liabilities 244,033 86,108
Liabilities of properties held for sale 437 294
Operating lease liabilities 279,895 96,138
Financing lease liabilities 72,939 22,551
Other liabilities 218,668 67,387
Total liabilities 6,167,799 2,073,803
Commitments and contingencies (See Footnote 15)
Redeemable non-controlling interests 2,014 0
Stockholders' equity    
Preferred stock, $0.01 par value; 200,000 shares authorized; none issued and outstanding 0 0
Common stock, $0.01 par value; 1,000,000 shares authorized; 380,590 and 150,457 shares issued and outstanding at December 31, 2022 and 2021, respectively. 3,806 1,505
Additional paid-in capital 9,587,637 3,972,917
Accumulated other comprehensive income (loss) 2,140 (9,981)
Cumulative net income attributable to common stockholders 1,307,055 1,266,158
Cumulative dividends (3,329,562) (3,045,483)
Total stockholders’ equity 7,571,076 2,185,116
Non-controlling interest 108,742 0
Total equity 7,679,818 2,185,116
Total liabilities, redeemable non-controlling interests, and stockholders' equity $ 13,849,631 $ 4,258,919