CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
ASSETS
Net investment in real estate properties	$ 6,749,606	$ 6,733,878
Investment in unconsolidated joint venture partnership	20,245	19,668
Cash and cash equivalents	52,525	79,524
Restricted cash	488	499
Investment in available-for-sale debt securities, at fair value	60,009	60,033
Derivative instruments	104,688	99,333
DST Program Loans	185,013	152,402
Other assets	70,328	78,138
Total assets	7,242,902	7,223,475
Liabilities
Accounts payable and accrued liabilities	125,756	125,930
Debt, net	3,021,564	2,827,613
Intangible lease liabilities, net	85,781	97,399
Financing obligations, net	1,483,930	1,262,666
Distribution fees payable to affiliates	80,320	92,145
Other liabilities	55,046	194,822
Total liabilities	4,852,397	4,600,575
Commitments and contingencies (Note 14)
Redeemable noncontrolling interests	126,066	69,553
Stockholders' equity:
Preferred stock, $0.01 par value - 200,000 shares authorized, none issued and outstanding
Additional paid-in capital	3,114,553	3,219,132
Accumulated deficit and distributions	(924,350)	(739,497)
Accumulated other comprehensive income	70,846	70,255
Total stockholders' equity	2,264,127	2,553,035
Noncontrolling interests	312	312
Total equity	2,264,439	2,553,347
Total liabilities and equity	7,242,902	7,223,475
Class T Shares
Stockholders' equity:
Common stock, value	2,018	2,272
Class D Shares
Stockholders' equity:
Common stock, value	210	206
Class I Shares
Stockholders' equity:
Common stock, value	$ 850	$ 667