XML 49 R39.htm IDEA: XBRL DOCUMENT v3.23.3
Segments - Reconciliation NOI of Net Income (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Jun. 30, 2023
Mar. 31, 2023
Sep. 30, 2022
Jun. 30, 2022
Mar. 31, 2022
Sep. 30, 2023
Sep. 30, 2022
Segment Reporting Information                
Net operating income $ 48,371     $ 40,846     $ 138,287 $ 121,850
Depreciation and amortization (22,462)     (17,527)     (60,808) (54,865)
Amortization of right-of-use assets - finance leases (425)     (278)     (1,049) (833)
General and administrative expenses (4,286)     (3,854)     (13,786) (12,179)
Acquisition, development, and other pursuit costs 0     0     (18) (37)
Impairment charges (5)     0     (107) (333)
Gain on real estate dispositions, net 227     33,931     738 53,424
Interest expense (15,444)     (10,345)     (41,375) (28,747)
Loss on extinguishment of debt 0     (2,123)     0 (2,899)
Change in fair value of derivatives and other 2,466     782     5,024 7,512
Unrealized credit loss (provision) release (694)     42     (871) (858)
Other income (expense), net 63     118     324 415
Income tax (provision) benefit (310)     (181)     (834) 140
Net income 8,423 $ 14,885 $ 5,417 42,369 $ 30,767 $ 12,276 28,725 85,412
Corporate And Reconciling Items                
Segment Reporting Information                
Interest income 194     118     566 340
Gain on real estate dispositions, net 227     33,931     738 53,424
Interest expense (14,716)     (9,505)     (38,741) (26,265)
Real estate financing                
Segment Reporting Information                
Net operating income 2,768     2,532     7,623 7,588
Interest income 3,496     3,372     10,257 10,070
Real estate financing | Operating Segments                
Segment Reporting Information                
Interest income 3,500     3,400     10,300 10,100
Interest expense $ (700)     $ (800)     $ (2,600) $ (2,500)