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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Assets:    
Real estate investments, net $ 1,536,048 $ 1,421,410
Other real estate related investments, at fair value (including accrued interest of $1,449 as of September 30, 2023 and $1,320 as of December 31, 2022) 181,175 156,368
Assets held for sale, net 21,341 12,291
Cash and cash equivalents 3,485 13,178
Accounts and other receivables 383 416
Prepaid expenses and other assets, net 20,684 11,690
Deferred financing costs, net 4,448 5,428
Total assets 1,767,564 1,620,781
Liabilities and Equity:    
Senior unsecured notes payable, net 395,816 395,150
Senior unsecured term loan, net 199,507 199,348
Unsecured revolving credit facility 0 125,000
Accounts payable, accrued liabilities and deferred rent liabilities 28,854 24,360
Dividends payable 32,403 27,550
Total liabilities 656,580 771,408
Commitments and contingencies (Note 12)
Equity:    
Preferred stock, $0.01 par value; 100,000,000 shares authorized, no shares issued and outstanding as of September 30, 2023 and December 31, 2022 0 0
Common stock, $0.01 par value; 500,000,000 shares authorized, 115,409,356 and 99,010,112 shares issued and outstanding as of September 30, 2023 and December 31, 2022, respectively 1,154 990
Additional paid-in capital 1,566,161 1,245,337
Cumulative distributions in excess of earnings (457,393) (396,954)
Total stockholders’ equity 1,109,922 849,373
Noncontrolling interests 1,062 0
Total equity 1,110,984 849,373
Total liabilities and equity $ 1,767,564 $ 1,620,781