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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2025
Dec. 31, 2024
Real estate investments, at cost (Note 4):    
Land $ 727,279 $ 802,317
Buildings, fixtures and improvements 3,889,150 4,120,664
Construction in progress 3,747 3,364
Acquired intangible lease assets 573,641 695,597
Total real estate investments, at cost 5,193,817 5,621,942
Less accumulated depreciation and amortization (1,018,125) (999,909)
Total real estate investments, net 4,175,692 4,622,033
Real estate assets held for sale (Note 4) 33,636 17,406
Assets related to discontinued operations (Note 3) 1,638 1,816,131
Cash and cash equivalents 165,095 159,698
Restricted cash 37,514 64,510
Derivative assets, at fair value (Note 9) 0 2,471
Unbilled straight-line rent 83,106 89,804
Operating lease right-of-use asset (Note 13) 69,912 66,163
Prepaid expenses and other assets 73,674 51,504
Multi-tenant disposition receivable, net (Note 3) 55,916 0
Deferred tax assets 4,894 4,866
Goodwill 45,983 51,370
Deferred financing costs, net 18,110 9,808
Total Assets 4,765,170 6,955,764
LIABILITIES AND EQUITY    
Mortgage notes payable, net (Note 5) 1,305,573 1,768,608
Revolving credit facilities (Note 6) 663,762 1,390,292
Senior notes, net (Note 7) 922,449 906,101
Acquired intangible lease liabilities, net 18,365 24,353
Derivative liabilities, at fair value (Note 9) 6,555 3,719
Accounts payable and accrued expenses 44,351 52,878
Operating lease liability (Note 13) 41,830 40,080
Prepaid rent 38,918 13,571
Deferred tax liability 7,056 5,477
Dividends payable 11,976 11,909
Real estate liabilities held for sale (Note 4) 62 0
Liabilities related to discontinued operations (Note 3) 3,262 551,818
Total Liabilities 3,064,159 4,768,806
Commitments and contingencies (Note 11) 0 0
Stockholders’ Equity (Note 10):    
Common Stock, $0.01 par value, 400,000,000 and 250,000,000 shares authorized, 220,355,522 and 231,051,139 shares issued and outstanding as of September 30, 2025 and December 31, 2024, respectively 3,533 3,640
Additional paid-in capital 4,284,310 4,359,264
Accumulated other comprehensive income (loss) 19,537 (25,844)
Accumulated deficit (2,606,609) (2,150,342)
Total Stockholders’ Equity 1,701,011 2,186,958
Total Liabilities and Stockholders’ Equity 4,765,170 6,955,764
Series A Preferred Stock    
Stockholders’ Equity (Note 10):    
Cumulative redeemable preferred stock 68 68
Series B Preferred Stock    
Stockholders’ Equity (Note 10):    
Cumulative redeemable preferred stock 47 47
Series D Preferred Stock    
Stockholders’ Equity (Note 10):    
Cumulative redeemable preferred stock 79 79
Series E Preferred Stock    
Stockholders’ Equity (Note 10):    
Cumulative redeemable preferred stock $ 46 $ 46