CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2025	Sep. 30, 2024
Cash flows from operating activities:
Net income	$ 128,363	$ 80,017
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	135,591	127,315
Non-cash rental and related revenues	820	(2,229)
Non-cash interest income	7	24
Non-cash interest expense	5,608	8,750
Stock-based compensation expense	8,290	6,448
Loss on extinguishment of debt	1,154	0
Recovery of loan losses	(640)	(446)
Net (gain) loss on sales of real estate	(5,544)	3,969
Impairment of real estate	6,674	18,472
(Income) loss from unconsolidated joint ventures	(2,276)	301
Distributions of earnings from unconsolidated joint ventures	5,917	3,754
Other non-cash items	(17,190)	0
Changes in operating assets and liabilities:
Accounts receivable, prepaid expenses and other assets, net	(9,129)	(13,589)
Accounts payable and accrued liabilities	3,541	(2,213)
Net cash provided by operating activities	261,186	230,573
Cash flows from investing activities:
Acquisition of real estate and lease intangibles	(301,563)	(112,225)
Origination and fundings of loans receivable	(5,710)	(21,540)
Origination and fundings of preferred equity investments	(9)	(2,529)
Additions to real estate	(24,183)	(39,189)
Escrow deposits for potential investments	(500)	0
Repayments of loans receivable	15,442	2,776
Repayments of preferred equity investments	1,977	5,322
Investment in unconsolidated joint ventures	(1,241)	(717)
Net proceeds from the sales of real estate	43,087	40,541
Proceeds from net investment hedges	4,462	0
Insurance proceeds	1,267	0
Distributions in excess of earnings from unconsolidated joint ventures	5,557	0
Net cash used in investing activities	(261,414)	(127,561)
Cash flows from financing activities:
Net borrowings from revolving credit facility	174,805	58,815
Principal payments on senior unsecured notes	(500,000)	0
Proceeds from term loans	500,000	0
Principal payments on secured debt	(1,562)	(1,520)
Payments of deferred financing costs	(4,405)	(80)
Payments related to extinguishment of debt	(2,884)	0
Contributions from noncontrolling interests	2,040	0
Issuance of common stock, net	188,350	71,362
Dividends paid on common stock	(214,692)	(209,174)
Net cash provided by (used in) financing activities	141,652	(80,597)
Net increase in cash, cash equivalents and restricted cash	141,424	22,415
Effect of foreign currency translation on cash, cash equivalents and restricted cash	(245)	(158)
Cash, cash equivalents and restricted cash, beginning of period	66,339	46,719
Cash, cash equivalents and restricted cash, end of period	207,518	68,976
Supplemental disclosure of cash flow information:
Interest paid	$ 72,820	$ 71,632