CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2022	Dec. 31, 2021
Real estate properties:
Land	$ 851,356	$ 874,108
Buildings and improvements	3,024,610	3,036,978
Total real estate properties, gross	3,875,966	3,911,086
Accumulated depreciation	(506,098)	(495,912)
Total real estate properties, net	3,369,868	3,415,174
Assets of properties held for sale	57,115	26,598
Investments in unconsolidated joint ventures	35,011	34,838
Acquired real estate leases, net	466,317	505,629
Cash and cash equivalents	97,656	83,026
Restricted cash	1,402	1,489
Rents receivable	106,865	112,886
Deferred leasing costs, net	55,448	53,883
Other assets, net	8,011	8,160
Total assets	4,197,693	4,241,683
LIABILITIES AND SHAREHOLDERS’ EQUITY
Unsecured revolving credit facility	0	0
Senior unsecured notes, net	2,481,903	2,479,772
Mortgage notes payable, net	97,893	98,178
Liabilities of properties held for sale	626	594
Accounts payable and other liabilities	136,017	142,609
Due to related persons	7,864	6,787
Assumed real estate lease obligations, net	16,308	17,034
Total liabilities	2,740,611	2,744,974
Commitments and contingencies
Shareholders’ equity:
Common shares of beneficial interest, $0.01 par value: 200,000,000 shares authorized, 48,425,265 and 48,425,665 shares issued and outstanding, respectively	484	484
Additional paid in capital	2,617,583	2,617,169
Cumulative net income	162,308	175,715
Cumulative common distributions	(1,323,293)	(1,296,659)
Total shareholders’ equity	1,457,082	1,496,709
Total liabilities and shareholders’ equity	$ 4,197,693	$ 4,241,683