Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Cash flows from operating activities
Net income	$ 123,955	$ 112,880
Adjustments to reconcile net income to net cash provided by operating activities
Depreciation and amortization	50,096	45,001
Loss (gain) on exchange of Exchangeable Senior Notes	(22)	125
Other non-cash adjustments	83	158
Stock-based compensation	14,647	13,195
Amortization of discounts on investments	(2,894)	(1,068)
Amortization of debt discount and issuance costs	1,021	1,017
Changes in assets and liabilities
Other assets, net	(2,905)	(6,555)
Accounts payable, accrued expenses and other liabilities	5,077	5,339
Rent received in advance and tenant security deposits	404	8,683
Net cash provided by (used in) operating activities	189,462	178,775
Cash flows from investing activities
Purchases of investments in real estate	(34,906)	(150,090)
Funding of draws for improvements and construction	(129,502)	(316,469)
Funding of construction loan and other investments	(3,535)	(21,360)
Deposits in escrow for acquisitions		(100)
Purchases of short-term investments	(91,772)	(278,717)
Maturities of short-term investments	253,716	365,000
Net cash provided by (used in) investing activities	(5,999)	(401,736)
Cash flows from financing activities
Issuance of common stock, net of offering costs		351,960
Dividends paid to common stockholders	(151,969)	(133,440)
Dividends paid to preferred stockholders	(1,014)	(1,014)
Taxes paid related to net share settlement of equity awards	(568)	(2,441)
Net cash provided by (used in) financing activities	(153,551)	215,065
Net increase (decrease) in cash, cash equivalents and restricted cash	29,912	(7,896)
Cash, cash equivalents and restricted cash, beginning of period	88,572	86,419
Cash, cash equivalents and restricted cash, end of period	118,484	78,523
Supplemental disclosure of cash flow information:
Cash paid during the period for interest, net of interest capitalized	8,253	8,997
Supplemental disclosure of non-cash investing and financing activities:
Accrual for current-period additions to real estate	10,520	35,195
Deposits applied for acquisitions	250	25
Accrual for common and preferred stock dividends declared	51,079	50,841
Exchange of Exchangeable Senior Notes for common stock	$ 1,964	26,682
Operating lease liability for obtaining right of use asset		$ 1,017