Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Investments in real estate
Land	$ 1,556,952	$ 1,138,233
Buildings and improvements	1,210,591	942,688
Construction in progress	65,157	61,448
Intangible assets	114,126	88,859
Total investments in properties	2,946,826	2,231,228
Accumulated depreciation and amortization	(279,062)	(238,073)
Net investments in real estate	2,667,764	1,993,155
Cash and cash equivalents	204,404	107,180
Restricted cash	397	656
Other assets, net	51,650	38,829
Total assets	2,924,215	2,139,820
Liabilities
Credit facility	0	0
Term loans payable, net	99,495	99,791
Senior unsecured notes, net	621,175	348,063
Mortgage loan payable, net	0	11,264
Security deposits	23,914	13,870
Intangible liabilities, net	51,025	24,608
Dividends payable	25,618	19,870
Performance share awards payable	0	7,482
Accounts payable and other liabilities	45,025	26,688
Total liabilities	866,252	551,636
Commitments and contingencies (Note 12)
Stockholders’ equity
Common stock: $0.01 par value, 400,000,000 shares authorized, and 75,068,575 and 68,376,364 shares issued and outstanding at December 31, 2021 and 2020, respectively.	752	686
Additional paid-in capital	2,069,604	1,589,301
Common stock held in deferred compensation plan, 275,727 and 139,224 shares at December 31, 2021 and 2020, respectively.	(15,197)	(7,546)
Retained earnings	2,804	5,926
Accumulated other comprehensive loss	0	(183)
Total stockholders’ equity	2,057,963	1,588,184
Total liabilities and equity	$ 2,924,215	$ 2,139,820