Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Investments in real estate
Land	$ 1,986,161	$ 1,995,494
Buildings and improvements	1,569,386	1,561,532
Construction in progress	399,478	343,485
Intangible assets	146,934	147,329
Total investments in properties	4,101,959	4,047,840
Accumulated depreciation and amortization	(403,197)	(384,480)
Net investments in properties	3,698,762	3,663,360
Cash and cash equivalents	649,575	165,400
Restricted cash	10,874	836
Other assets, net	79,588	75,081
Total assets	4,438,799	3,904,677
Liabilities
Credit facility	0	0
Term loans payable, net	199,204	199,145
Senior unsecured notes, net	572,566	572,418
Security deposits	33,742	32,934
Intangible liabilities, net	81,338	84,718
Dividends payable	43,517	39,052
Accounts payable and other liabilities	63,848	61,783
Total liabilities	994,215	990,050
Stockholders’ equity
Common stock: $0.01 par value, 400,000,000 shares authorized, and $96,195 and $87,487 shares issued and outstanding at March 31, 2024 and December 31, 2023, respectively.	963	876
Additional paid-in capital	3,387,289	2,849,961
Common stock held in deferred compensation plan: $508,663 and 508,663 shares at March 31, 2024 and December 31, 2023, respectively.	(31,788)	(31,788)
Retained earnings	88,120	95,578
Total stockholders’ equity	3,444,584	2,914,627
Total liabilities and equity	$ 4,438,799	$ 3,904,677