Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2025	Dec. 31, 2024
Real estate properties
Land	$ 1,066,616	$ 1,143,468
Buildings and improvements	8,557,270	9,707,066
Lease intangibles	504,309	664,867
Personal property	6,854	9,909
Investment in financing receivable, net	123,346	123,671
Financing lease right-of-use assets	75,462	77,343
Construction in progress	0	31,978
Land held for development	57,203	52,408
Total real estate properties	10,391,060	11,810,710
Less accumulated depreciation and amortization	(2,381,297)	(2,483,656)
Total real estate properties, net	8,009,763	9,327,054
Cash and cash equivalents	43,345	68,916
Assets held for sale, net	604,747	12,897
Operating lease right-of-use assets	209,291	261,438
Investments in unconsolidated joint ventures	458,627	473,122
Other assets, net	533,874	507,496
Total assets	9,859,647	10,650,923
Liabilities
Notes and bonds payable	4,485,706	4,662,771
Accounts payable and accrued liabilities	173,784	222,510
Liabilities of assets held for sale	69,808	1,283
Operating lease liabilities	166,231	224,499
Financing lease liabilities	72,654	72,346
Other liabilities	146,618	161,640
Total liabilities	5,114,801	5,345,049
Commitments and contingencies
Redeemable non-controlling interests	4,332	4,778
Stockholders' equity
Preferred stock, $.01 par value per share; 200,000 shares authorized; none issued and outstanding	0	0
Class A Common stock, $.01 par value per share; 1,000,000 shares authorized; 351,604 and 350,532 shares issued and outstanding at September 30, 2025 and December 31, 2024, respectively	3,516	3,505
Additional paid-in capital	9,134,486	9,118,229
Accumulated other comprehensive loss	(6,461)	(1,168)
Cumulative net income attributable to common stockholders	113,847	374,309
Cumulative dividends	(4,562,454)	(4,260,014)
Total stockholders' equity	4,682,934	5,234,861
Non-controlling interest	57,580	66,235
Total equity	4,740,514	5,301,096
Total liabilities, redeemable non-controlling interests, and stockholders' equity	$ 9,859,647	$ 10,650,923