CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Real estate properties:
Land	$ 786,310	$ 821,238
Buildings and improvements	3,279,369	3,114,836
Total real estate properties, gross	4,065,679	3,936,074
Accumulated depreciation	(650,179)	(561,458)
Total real estate properties, net	3,415,500	3,374,616
Assets of properties held for sale	37,310	2,516
Investments in unconsolidated joint ventures	18,128	35,129
Acquired real estate leases, net	263,498	369,333
Cash and cash equivalents	12,315	12,249
Restricted cash	14,399	0
Rents receivable	133,264	105,639
Deferred leasing costs, net	86,971	73,098
Other assets, net	8,284	7,397
Total assets	3,989,669	3,979,977
LIABILITIES AND SHAREHOLDERS’ EQUITY
Unsecured revolving credit facility	205,000	195,000
Senior unsecured notes, net	2,195,478	2,187,875
Mortgage notes payable, net	172,131	49,917
Liabilities of properties held for sale	2,525	73
Accounts payable and other liabilities	140,166	140,151
Due to related persons	7,025	6,469
Assumed real estate lease obligations, net	11,665	14,157
Total liabilities	2,733,990	2,593,642
Commitments and contingencies
Shareholders’ equity:
Common shares of beneficial interest, $.01 par value: 200,000,000 shares authorized, 48,755,415 and 48,565,644 shares issued and outstanding, respectively	488	486
Additional paid in capital	2,621,493	2,619,532
Cumulative net income	100,174	169,606
Cumulative common distributions	(1,466,476)	(1,403,289)
Total shareholders’ equity	1,255,679	1,386,335
Total liabilities and shareholders’ equity	$ 3,989,669	$ 3,979,977