XML 13 R2.htm IDEA: XBRL DOCUMENT v3.22.2.2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Investment in real estate    
Land $ 282,917 $ 475,667
Buildings and improvements 804,882 994,221
Accumulated depreciation (127,043) (154,971)
Real Estate Investment Property, at Cost, Total 960,756 1,314,917
Construction in progress 260,007 381,194
Net investment in real estate 1,220,763 1,696,111
Real estate held for sale 202,777  
Investment in unconsolidated entities 383,061 498,563
Cash and cash equivalents 129,767 106,602
Restricted cash 10,821 7,151
Tenant and other receivables, net 39,943 29,111
Lease intangible assets, net 4,511 14,817
Prepaid expenses, deferred expenses and other assets, net 62,883 61,783
Total assets 2,054,526 2,414,138
Liabilities    
Term loan facility, net 1,269,648 1,439,332
Sales-leaseback financing obligations   20,627
Litigation reserve 35,533  
Accounts payable, accrued expenses and other liabilities 118,700 109,379
Total liabilities 1,423,881 1,569,338
Commitments and contingencies (Note 9)
Shareholders' Equity    
Additional paid-in capital 1,359,686 1,241,048
Accumulated deficit (731,759) (553,771)
Total shareholders' equity 628,515 687,741
Non-controlling interests 2,130 157,059
Total equity 630,645 844,800
Total liabilities and shareholders' equity 2,054,526 2,414,138
Class A Common Shares [Member]    
Shareholders' Equity    
Common shares 560 436
Series A Preferred Shares [Member]    
Shareholders' Equity    
Preferred shares $ 28 $ 28