CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Cash flows from operating activities:
Net loss		$ (7,564)	$ (3,890)
Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation and amortization	$ 13,789	30,140	25,643
Amortization of debt issuance costs and mortgage premiums, net		622	752
Amortization of acquired lease intangibles, net		(2,421)	(529)
Amortization of equity-based compensation		44	37
Reduction in the carrying amount of the right-of-use-asset		208	213
Straight-line income, net		(284)	(128)
Other non-cash adjustments		98	55
Changes in assets and liabilities:
Accounts payable and accrued expenses		2,751	2,617
Accounts and rent receivable		719	783
Due to related parties		(1,207)	884
Operating lease liability		136	189
Other liabilities		1,710	1,236
Other assets			(434)
Net cash flows provided by operating activities		24,952	27,428
Cash flows from investing activities:
Purchase of investment properties			(277,772)
Capital expenditures		(3,521)	(4,087)
Other assets			(221)
Net cash flows used in investing activities		(3,521)	(282,080)
Cash flows from financing activities:
Payment of credit facility		(8,576)	(21,000)
Proceeds from credit facility		44,576	375,000
Payment of mortgages payable		(41,510)	(88,303)
Payment of debt issuance costs			(5,913)
Proceeds from the distribution reinvestment plan		3,522	3,671
Shares repurchased		(2,641)	(1,835)
Distributions paid	(4,894)	(9,819)	(9,782)
Early termination of interest rate swap agreements, net		369	(1,021)
Net cash flows (used in) provided by financing activities		(14,079)	250,817
Net increase (decrease) in cash, cash equivalents and restricted cash		7,352	(3,835)
Cash, cash equivalents and restricted cash, at beginning of the period		5,334	13,383
Cash, cash equivalents and restricted cash, at end of period	9,548	12,686	9,548
In conjunction with the purchase of investment properties, the Company acquired assets and assumed liabilities as follows:
Land	62,510		62,510
Building and improvements	192,613		192,613
Acquired lease intangible assets	33,285		33,285
Acquired intangible liabilities	(9,654)		(9,654)
Assumed liabilities, net	(982)		(982)
Purchase of investment properties	$ 277,772		277,772
Cash paid for interest		19,754	10,027
Supplemental schedule of non-cash investing and financing activities:
Accrued capital expenditures		$ 578	$ 969