CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2025	Dec. 31, 2024
Assets
Real estate investments, net of accumulated depreciation of $1,177,377 and $1,102,030 as of June 30, 2025 and December 31, 2024, respectively	$ 4,479,291	$ 4,513,734
Loans receivable and other investments, net	440,970	442,584
Investment in unconsolidated joint ventures	126,405	121,803
Cash and cash equivalents	95,175	60,468
Restricted cash	6,477	5,871
Lease intangible assets, net	24,654	27,464
Accounts receivable, prepaid expenses and other assets, net	155,025	131,755
Total assets	5,327,997	5,303,679
Liabilities
Secured debt, net	44,302	45,316
Revolving credit facility	163,023	106,554
Term loans, net	535,937	529,753
Senior unsecured notes, net	1,736,398	1,736,025
Accounts payable and accrued liabilities	113,060	117,896
Lease intangible liabilities, net	23,792	26,847
Total liabilities	2,616,512	2,562,391
Commitments and contingencies (Note 13)
Equity
Preferred stock, $0.01 par value; 10,000,000 shares authorized, zero shares issued and outstanding as of June 30, 2025 and December 31, 2024	0	0
Common stock, $0.01 par value; 500,000,000 shares authorized, 239,792,173 and 237,586,882 shares issued and outstanding as of June 30, 2025 and December 31, 2024, respectively	2,398	2,376
Additional paid-in capital	4,625,050	4,592,605
Cumulative distributions in excess of net income	(1,913,932)	(1,874,633)
Accumulated other comprehensive (loss) income	(2,031)	20,940
Total equity	2,711,485	2,741,288
Total liabilities and equity	$ 5,327,997	$ 5,303,679