CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2025	Mar. 31, 2024
Cash flows - operating activities
Net income	$ 26,186	$ 24,074
Adjustments to reconcile net income to cash provided by operating activities:
Depreciation and amortization	14,429	13,467
Non-cash revenue adjustments	486	555
Amortization of financing costs	782	638
Stock-based compensation expense	2,760	1,640
Deferred income taxes	(55)	(72)
Changes in assets and liabilities:
Derivative assets and liabilities	(24)	(255)
Straight-line rent adjustment	(726)	(1,174)
Rent received in advance	8,780	(2,009)
Intangible assets (lease incentive payments)	0	(1,119)
Other assets and liabilities	(1,058)	(8,120)
Net cash provided by operating activities	51,560	27,625
Cash flows - investing activities
Purchases of real estate investments	(57,846)	(16,674)
Change in advance deposits in acquisition of real estate investments	(240)	225
Net cash used in investing activities	(58,086)	(16,449)
Cash flows - financing activities
Net proceeds from ATM equity issuance	0	6,898
Repayment of senior notes	0	(50,000)
Payment of deferred financing costs	(6,712)	(1,397)
Proceeds from term loan borrowing	75,000	85,000
Proceeds from revolving credit facility	43,000	34,000
Repayment of revolving credit facility	(48,000)	(50,000)
Payment of dividends to shareholders	(35,359)	(31,539)
Distributions to non-controlling interests	(41)	(40)
Employee shares withheld for taxes	(3,180)	(2,117)
Net cash provided by (used in) financing activities	24,708	(9,195)
Net increase in cash and cash equivalents, including restricted cash	18,182	1,981
Cash and cash equivalents, including restricted cash, at beginning of period	4,081	24,783
Cash and cash equivalents, including restricted cash, at end of period	22,263	26,764
Supplemental disclosures:
Interest paid	13,123	13,277
Income taxes paid	19	0
Operating lease payments received (lessor)	58,766	54,298
Operating lease payments remitted (lessee)	234	227
Non-cash activities:
Dividends declared but not paid	35,408	31,656
Change in fair value of derivative instruments	$ (8,245)	$ 5,823