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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Assets    
Investment in real estate, net of accumulated depreciation and amortization of $1,709,669 and $1,662,942, respectively $ 4,871,476 $ 4,777,374
Assets held for sale   15,283
Cash and cash equivalents 4,942 10,287
Restricted cash-furniture, fixtures and other escrows 29,638 33,331
Due from third party managers, net 63,048 36,437
Other assets, net 63,394 64,586
Total Assets 5,032,498 4,937,298
Liabilities    
Debt, net 1,500,698 1,371,494
Finance lease liabilities 111,837 111,892
Accounts payable and other liabilities 85,661 129,931
Total Liabilities 1,698,196 1,613,317
Shareholders' Equity    
Preferred stock, authorized 30,000,000 shares; none issued and outstanding 0 0
Common stock, no par value, authorized 800,000,000 shares; issued and outstanding 242,346,188 and 241,515,532 shares, respectively 4,805,504 4,794,804
Accumulated other comprehensive income 24,112 20,404
Distributions greater than net income (1,495,314) (1,491,227)
Total Shareholders' Equity 3,334,302 3,323,981
Total Liabilities and Shareholders' Equity $ 5,032,498 $ 4,937,298