Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 31, 2021
Real estate properties
Land and land improvements	$ 117,657	$ 97,397
Buildings, improvements, and lease intangibles	825,257	736,465
Personal property	253	223
Total real estate properties	943,167	834,085
Less accumulated depreciation	(165,341)	(133,056)
Total real estate properties, net	777,826	701,029
Cash and cash equivalents	11,233	2,351
Restricted cash	835	516
Other assets, net	86,531	50,337
Total assets	876,425	754,233
Liabilities
Debt, net	352,997	265,625
Accounts payable and accrued liabilities	11,377	7,845
Other liabilities, net	15,237	18,651
Total liabilities	379,611	292,121
Commitments and contingencies
Stockholders' Equity
Preferred stock, $0.01 par value; 50,000 shares authorized; none issued and outstanding	0	0
Common stock, $0.01 par value; 450,000 shares authorized; 25,897 and 24,983 shares issued and outstanding at December 31, 2022 and December 31, 2021, respectively	259	250
Additional paid-in capital	625,136	595,624
Cumulative net income	81,142	59,123
Accumulated other comprehensive income (loss)	22,667	(4,980)
Cumulative dividends	(232,390)	(187,905)
Total stockholders’ equity	496,814	462,112
Total liabilities and stockholders' equity	$ 876,425	$ 754,233