CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Investment properties held and used:
Land	$ 330,456	$ 330,456
Building and other improvements	1,216,555	1,209,740
Total	1,547,011	1,540,196
Less accumulated depreciation	(359,551)	(335,700)
Net investment properties held and used	1,187,460	1,204,496
Cash and cash equivalents	10,706	5,975
Restricted cash	479	479
Accounts and rent receivable	21,983	23,645
Acquired lease intangible assets, net	55,445	61,827
Operating lease right-of-use asset, net	13,550	13,745
Other assets	37,285	33,873
Total assets	1,326,908	1,344,040
Liabilities:
Mortgages and credit facility payable, net	840,320	843,890
Accounts payable and accrued expenses	13,087	11,182
Operating lease liability	25,137	24,992
Distributions payable	4,899	4,905
Acquired intangible liabilities, net	35,759	37,420
Due to related parties	2,757	2,796
Other liabilities	8,295	10,500
Total liabilities	930,254	935,685
Commitments and contingencies (Note 9)
Stockholders’ equity:
Preferred stock, $.001 par value, 40,000,000 shares authorized, none outstanding
Common stock, $.001 par value, 1,460,000,000 shares authorized, 36,120,853 and 36,163,852 shares issued and outstanding as of June 30, 2024 and December 31, 2023, respectively	36	36
Additional paid in capital	816,094	816,047
Accumulated distributions and net loss	(449,196)	(432,854)
Accumulated other comprehensive income	29,720	25,126
Total stockholders’ equity	396,654	408,355
Total liabilities and stockholders’ equity	$ 1,326,908	$ 1,344,040