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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Assets:    
Real estate investments, net $ 1,421,410 $ 1,589,971
Other real estate related investments, at fair value (including accrued interest of $1,320 as of December 31, 2022 and $155 as of December 31, 2021) 156,368 15,155
Assets held for sale, net 12,291 4,835
Cash and cash equivalents 13,178 19,895
Accounts and other receivables 416 2,418
Prepaid expenses and other assets, net 11,690 7,512
Deferred financing costs, net 5,428 1,062
Total assets 1,620,781 1,640,848
Liabilities and Equity:    
Senior unsecured notes payable, net 395,150 394,262
Senior unsecured term loan, net 199,348 199,136
Unsecured revolving credit facility 125,000 80,000
Accounts payable, accrued liabilities and deferred rent liabilities 24,360 25,408
Dividends payable 27,550 26,285
Total liabilities 771,408 725,091
Commitments and contingencies (Note 11)
Equity:    
Preferred stock, $0.01 par value; 100,000,000 shares authorized, no shares issued and outstanding as of December 31, 2022 and 2021 0 0
Common stock, $0.01 par value; 500,000,000 shares authorized, 99,010,112 and 96,296,673 shares issued and outstanding as of December 31, 2022 and 2021, respectively 990 963
Additional paid-in capital 1,245,337 1,196,839
Cumulative distributions in excess of earnings (396,954) (282,045)
Total equity 849,373 915,757
Total liabilities and equity $ 1,620,781 $ 1,640,848