Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Investments in real estate
Land	$ 1,850,860	$ 1,556,952
Buildings and improvements	1,372,473	1,210,591
Construction in progress	51,896	65,157
Intangible assets	123,545	114,126
Total investments in properties	3,398,774	2,946,826
Accumulated depreciation and amortization	(323,631)	(279,062)
Net investments in properties	3,075,143	2,667,764
Cash and cash equivalents	26,393	204,404
Restricted cash	1,690	397
Other assets, net	61,215	51,650
Total assets	3,164,441	2,924,215
Liabilities
Credit facility	0	0
Term loans payable, net	198,993	99,495
Senior unsecured notes, net	571,825	621,175
Security deposits	27,454	23,914
Intangible liabilities, net	55,873	51,025
Dividends payable	30,753	25,618
Accounts payable and other liabilities	49,692	45,025
Total liabilities	934,590	866,252
Commitments and contingencies (Note 12)
Stockholders’ equity
Common stock: $0.01 par value, 400,000,000 shares authorized, and 76,463,482 75,068,575 shares issued and outstanding at December 31, 2022 and 2021, respectively.	765	752
Additional paid-in capital	2,167,276	2,069,604
Common stock held in deferred compensation plan, 417,665 and 275,727 shares at December 31, 2022 and 2021, respectively.	(26,462)	(15,197)
Retained earnings	88,272	2,804
Total stockholders’ equity	2,229,851	2,057,963
Total liabilities and equity	$ 3,164,441	$ 2,924,215