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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Real estate investments:    
Land $ 1,431,211 $ 1,360,772
Buildings, equipment and improvements 1,902,906 1,837,872
Total real estate investments 3,334,117 3,198,644
Less: accumulated depreciation (795,262) (775,505)
Total real estate investments, net 2,538,855 2,423,139
Intangible real estate assets, net 122,249 123,613
Total real estate investments and intangible real estate assets, net 2,661,104 2,546,752
Cash and cash equivalents 5,981 4,081
Straight-line rent adjustment 70,125 68,562
Derivative assets 11,838 20,733
Deferred tax assets 1,517 1,448
Other assets 14,952 11,450
Total Assets 2,765,517 2,653,026
Liabilities:    
Term loan and revolving credit facility, net of deferred financing costs 580,780 516,250
Senior unsecured notes, net of deferred financing costs 621,965 621,639
Dividends payable 36,210 35,358
Rent received in advance 15,581 6,738
Derivative liabilities 5,404 473
Other liabilities 22,635 21,778
Total liabilities 1,282,575 1,202,236
Equity:    
Preferred stock, par value $0.0001 per share, 25,000,000 authorized, zero shares issued and outstanding 0 0
Common stock, par value $0.0001 per share; 500,000,000 shares authorized, 102,230,784 and 99,825,119 shares issued and outstanding, respectively 10 10
Additional paid-in capital 1,546,272 1,482,698
Accumulated deficit (75,268) (57,729)
Accumulated other comprehensive income 9,786 23,633
Noncontrolling interest 2,142 2,178
Total equity 1,482,942 1,450,790
Total Liabilities and Equity $ 2,765,517 $ 2,653,026