CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2023	Dec. 31, 2022
ASSETS
Net investment in real estate properties	$ 6,780,721	$ 6,733,878
Investment in unconsolidated joint venture partnership	20,109	19,668
Cash and cash equivalents	46,431	79,524
Restricted cash	503	499
Investment in available-for-sale debt securities, at fair value	59,231	60,033
Derivative instruments	76,999	99,333
DST Program Loans	166,097	152,402
Other assets	66,737	78,138
Total assets	7,216,828	7,223,475
Liabilities
Accounts payable and accrued liabilities	130,808	125,930
Debt, net	2,949,624	2,827,613
Intangible lease liabilities, net	91,124	97,399
Financing obligations, net	1,375,978	1,262,666
Distribution fees payable to affiliates	86,318	92,145
Other liabilities	55,994	194,822
Total liabilities	4,689,846	4,600,575
Commitments and contingencies (Note 14)
Redeemable noncontrolling interests	129,866	69,553
Stockholders' equity:
Preferred stock, $0.01 par value - 200,000 shares authorized, none issued and outstanding
Additional paid-in capital	3,183,710	3,219,132
Accumulated deficit and distributions	(840,246)	(739,497)
Accumulated other comprehensive income	50,215	70,255
Total stockholders' equity	2,396,804	2,553,035
Noncontrolling interests	312	312
Total equity	2,397,116	2,553,347
Total liabilities and equity	7,216,828	7,223,475
Class T Shares
Stockholders' equity:
Common stock, value	2,139	2,272
Class D Shares
Stockholders' equity:
Common stock, value	208	206
Class I Shares
Stockholders' equity:
Common stock, value	$ 778	$ 667