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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Assets    
Real estate investments, net of accumulated depreciation of $1,021,086 and $913,345 as of December 31, 2023 and 2022, respectively $ 4,617,261 $ 4,959,343
Loans receivable and other investments, net 420,624 411,396
Investment in unconsolidated joint ventures 136,843 134,962
Cash and cash equivalents 41,285 49,308
Restricted cash 5,434 4,624
Lease intangible assets, net 30,897 40,131
Accounts receivable, prepaid expenses and other assets, net 133,806 147,908
Total assets 5,386,150 5,747,672
Liabilities    
Secured debt, net 47,301 49,232
Revolving credit facility 94,429 196,982
Term loans, net 537,120 526,129
Senior unsecured notes, net 1,735,253 1,734,431
Accounts payable and accrued liabilities 136,981 142,259
Lease intangible liabilities, net 32,532 42,244
Total liabilities 2,583,616 2,691,277
Commitments and contingencies (Note 15)
Equity    
Preferred stock, $0.01 par value; 10,000,000 shares authorized, zero shares issued and outstanding as of December 31, 2023 and 2022 0 0
Common stock, $0.01 par value; 500,000,000 shares authorized, 231,266,020 and 231,009,295 shares issued and outstanding as of December 31, 2023 and 2022, respectively 2,313 2,310
Additional paid-in capital 4,494,755 4,486,967
Cumulative distributions in excess of net income (1,718,279) (1,451,945)
Accumulated other comprehensive income 23,745 19,063
Total equity 2,802,534 3,056,395
Total liabilities and equity $ 5,386,150 $ 5,747,672