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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Investment properties:    
Land and improvements $ 235,453 $ 231,621
Building and improvements 4,612,561 3,824,796
Tenant improvements 86,018 73,145
Acquired lease intangibles 498,221 406,935
Gross real estate property 5,432,253 4,536,497
Accumulated depreciation (821,036) (687,554)
Net real estate property 4,611,217 3,848,943
Real estate held for sale 1,964 0
Right-of-use lease assets, net 235,483 137,180
Real estate loans receivable, net 117,844 198,800
Investments in unconsolidated entities 69,793 77,755
Net real estate investments 5,036,301 4,262,678
Cash and cash equivalents 9,876 2,515
Tenant receivables, net 4,948 4,757
Other assets 131,584 144,000
Total assets 5,182,709 4,413,950
Liabilities:    
Credit facility 267,641 412,322
Notes payable 1,464,008 968,653
Mortgage debt 180,269 57,875
Accounts payable 6,651 7,007
Dividends and distributions payable 57,246 52,116
Accrued expenses and other liabilities 86,254 91,929
Lease liabilities 104,957 74,116
Acquired lease intangibles, net 21,569 6,641
Total liabilities 2,188,595 1,670,659
Redeemable noncontrolling interests - Series A Preferred Units (2020) and partially owned properties 7,081 28,289
Equity:    
Common shares, $0.01 par value, 500,000,000 common shares authorized, 224,678,116 and 209,550,592 common shares issued and outstanding as of December 31, 2021 and December 31, 2020, respectively 2,247 2,096
Additional paid-in capital 3,610,954 3,303,231
Accumulated deficit (776,001) (658,171)
Accumulated other comprehensive loss (892) (5,859)
Total shareholders’ equity 2,836,308 2,641,297
Noncontrolling interests:    
Operating Partnership 150,241 73,302
Partially owned properties 484 403
Total noncontrolling interests 150,725 73,705
Total equity 2,987,033 2,715,002
Total liabilities and equity $ 5,182,709 $ 4,413,950