CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Real estate properties:
Land	$ 874,108	$ 830,884
Buildings and improvements	3,036,978	2,691,259
Total real estate properties, gross	3,911,086	3,522,143
Accumulated depreciation	(495,912)	(451,914)
Total real estate properties, net	3,415,174	3,070,229
Assets of properties held for sale	26,598	75,177
Investments in unconsolidated joint ventures	34,838	37,951
Acquired real estate leases, net	505,629	548,943
Cash and cash equivalents	83,026	42,045
Restricted cash	1,489	14,810
Rents receivable	112,886	101,766
Deferred leasing costs, net	53,883	42,626
Other assets, net	8,160	12,889
Total assets	4,241,683	3,946,436
LIABILITIES AND SHAREHOLDERS’ EQUITY
Unsecured revolving credit facility	0	0
Senior unsecured notes, net	2,479,772	2,033,242
Mortgage notes payable, net	98,178	169,729
Liabilities of properties held for sale	594	891
Accounts payable and other liabilities	142,609	116,480
Due to related persons	6,787	6,114
Assumed real estate lease obligations, net	17,034	10,588
Total liabilities	2,744,974	2,337,044
Commitments and contingencies
Shareholders’ equity:
Common shares of beneficial interest, $.01 par value: 200,000,000 shares authorized, 48,425,665 and 48,318,366 shares issued and outstanding, respectively	484	483
Additional paid in capital	2,617,169	2,615,305
Cumulative net income	175,715	183,895
Cumulative common distributions	(1,296,659)	(1,190,291)
Total shareholders’ equity	1,496,709	1,609,392
Total liabilities and shareholders’ equity	$ 4,241,683	$ 3,946,436