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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Assets:    
Real estate investments, net $ 1,619,438 $ 1,567,119
Other real estate related investments (including accrued interest of $2,152 as of March 31, 2024 and $1,727 as of December 31, 2023) 233,346 180,368
Assets held for sale 12,483 15,011
Cash and cash equivalents 451,173 294,448
Accounts and other receivables 402 395
Prepaid expenses and other assets, net 27,749 23,337
Deferred financing costs, net 3,845 4,160
Total assets 2,348,436 2,084,838
Liabilities and Equity:    
Senior unsecured notes payable, net 396,261 396,039
Senior unsecured term loan, net 199,612 199,559
Accounts payable, accrued liabilities and deferred rent liabilities 35,275 33,992
Dividends payable 41,192 36,531
Total liabilities 672,340 666,121
Commitments and contingencies (Note 12)
Equity:    
Preferred stock, $0.01 par value; 100,000,000 shares authorized, no shares issued and outstanding as of March 31, 2024 and December 31, 2023 0 0
Common stock, $0.01 par value; 500,000,000 shares authorized, 141,712,165 and 129,992,796 shares issued and outstanding as of March 31, 2024 and December 31, 2023, respectively 1,417 1,300
Additional paid-in capital 2,152,454 1,883,147
Cumulative distributions in excess of earnings (480,074) (467,628)
Total stockholders’ equity 1,673,797 1,416,819
Noncontrolling interests 2,299 1,898
Total equity 1,676,096 1,418,717
Total liabilities and equity $ 2,348,436 $ 2,084,838