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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Assets:    
Real estate investments, net $ 1,567,119 $ 1,421,410
Other real estate related investments (including accrued interest of $1,727 and $1,320 as of December 31, 2023 and 2022, respectively) 180,368 156,368
Assets held for sale, net 15,011 12,291
Cash and cash equivalents 294,448 13,178
Accounts and other receivables 395 416
Prepaid expenses and other assets, net 23,337 11,690
Deferred financing costs, net 4,160 5,428
Total assets 2,084,838 1,620,781
Liabilities and Equity:    
Senior unsecured notes payable, net 396,039 395,150
Senior unsecured term loan, net 199,559 199,348
Unsecured revolving credit facility 0 125,000
Accounts payable, accrued liabilities and deferred rent liabilities 33,992 24,360
Dividends payable 36,531 27,550
Total liabilities 666,121 771,408
Commitments and contingencies (Note 12)
Equity:    
Preferred stock, $0.01 par value; 100,000,000 shares authorized, no shares issued and outstanding as of December 31, 2023 and 2022 0 0
Common stock, $0.01 par value; 500,000,000 shares authorized, 129,992,796 and 99,010,112 shares issued and outstanding as of December 31, 2023 and 2022, respectively 1,300 990
Additional paid-in capital 1,883,147 1,245,337
Cumulative distributions in excess of earnings (467,628) (396,954)
Total stockholders' equity 1,416,819 849,373
Noncontrolling interests 1,898 0
Total equity 1,418,717 849,373
Total liabilities and equity $ 2,084,838 $ 1,620,781