Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Cash flows from operating activities
Net income	$ 39,428	$ 41,092
Adjustments to reconcile net income to net cash provided by (used in) operating activities
Depreciation and amortization	17,150	16,714
Loss (gain) on exchange of Exchangeable Senior Notes		(22)
Other non-cash adjustments	28	26
Stock-based compensation	4,315	4,829
Amortization of discounts on investments	(188)	(1,676)
Amortization of debt discount and issuance costs	406	338
Changes in assets and liabilities
Other assets, net	1,760	1,360
Accounts payable, accrued expenses and other liabilities	7,874	2,008
Rent received in advance and tenant security deposits	793	(53)
Net cash provided by (used in) operating activities	71,566	64,616
Cash flows from investing activities
Purchases of investments in real estate		(34,906)
Funding of draws for improvements and construction	(16,505)	(66,026)
Funding of construction loan and other investments		(386)
Purchases of short-term investments	(20,026)	(51,772)
Maturities of short-term investments	22,136	90,414
Net cash provided by (used in) investing activities	(14,395)	(62,676)
Cash flows from financing activities
Issuance of common stock, net of offering costs	11,757
Principal payment on Exchangeable Senior Notes	(4,436)
Payment of deferred financing costs	(112)
Dividends paid to common stockholders	(51,489)	(50,502)
Dividends paid to preferred stockholders	(338)	(338)
Taxes paid related to net share settlement of equity awards	(750)	(568)
Net cash provided by (used in) financing activities	(45,368)	(51,408)
Net increase (decrease) in cash, cash equivalents and restricted cash	11,803	(49,468)
Cash, cash equivalents and restricted cash, beginning of period	141,699	88,572
Cash, cash equivalents and restricted cash, end of period	153,502	39,104
Supplemental disclosure of cash flow information:
Cash paid during the year for interest, net of interest capitalized	71	121
Supplemental disclosure of non-cash investing and financing activities:
Accrual for current-period additions to real estate	8,980	20,264
Deposits applied for acquisitions		250
Accrual for common and preferred stock dividends declared	$ 52,295	51,063
Exchange of Exchangeable Senior Notes for common stock		$ 1,964