XML 52 R41.htm IDEA: XBRL DOCUMENT v3.24.3
Segments - Schedule of Reconciliation of Net (Loss) Income (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Jun. 30, 2024
Mar. 31, 2024
Sep. 30, 2023
Jun. 30, 2023
Mar. 31, 2023
Sep. 30, 2024
Sep. 30, 2023
Segment Reporting Information                
Net operating income $ 51,476     $ 48,371     $ 148,402 $ 138,287
Depreciation and amortization (23,289)     (22,462)     (64,513) (60,808)
Amortization of right-of-use assets - finance leases (395)     (425)     (1,184) (1,049)
General and administrative expenses (5,187)     (4,286)     (15,564) (13,786)
Acquisition, development, and other pursuit costs (2)     0     (5,530) (18)
Impairment charges 0     (5)     (1,494) (107)
Gain on real estate dispositions, net 0     227     0 738
Interest expense (21,387)     (15,444)     (60,589) (41,375)
Loss on extinguishment of debt (113)     0     (113) 0
Change in fair value of derivatives and other (10,308)     2,466     6,978 5,024
Unrealized credit loss provision (198)     (694)     (53) (871)
Other income (expense), net 96     63     254 324
Income tax (provision) benefit (592)     (310)     120 (834)
Net (loss) income (7,546) $ 3,279 $ 17,725 8,423 $ 14,885 $ 5,417 13,458 28,725
Corporate And Reconciling Items                
Segment Reporting Information                
Interest income 629     194     1,921 566
Gain on real estate dispositions, net 0     227     0 738
Interest expense (19,663)     (14,716)     (55,766) (38,741)
Real estate financing                
Segment Reporting Information                
Net operating income 2,348     2,768     7,215 7,623
Interest income 4,072     3,496     12,038 10,257
Real estate financing | Operating Segments                
Segment Reporting Information                
Interest income 4,100     3,500     12,000 10,300
Interest expense $ (1,700)     $ (700)     $ (4,800) $ (2,600)