Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Cash flows from operating activities
Net income	$ 81,421	$ 82,361
Adjustments to reconcile net income to net cash provided by (used in) operating activities
Depreciation and amortization	34,623	33,418
Loss (gain) on exchange of Exchangeable Senior Notes		(22)
Loss (gain) on sale of real estate	3,449
Other non-cash adjustments	54	53
Stock-based compensation	8,686	9,713
Amortization of discounts on investments	(244)	(2,621)
Amortization of debt discount and issuance costs	794	677
Changes in assets and liabilities
Other assets, net	4,377	3,549
Accounts payable, accrued expenses and other liabilities	3,164	(514)
Rent received in advance and tenant security deposits	(553)	(234)
Net cash provided by (used in) operating activities	135,771	126,380
Cash flows from investing activities
Purchases of investments in real estate	(13,026)	(34,906)
Proceeds from sale of real estate asset	9,100
Funding of draws for improvements and construction	(36,988)	(111,457)
Funding of Construction Loan and other investments		(2,896)
Purchases of short-term investments	(45,110)	(71,772)
Maturities of short-term investments	27,191	202,602
Net cash provided by (used in) investing activities	(58,833)	(18,429)
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	(251)
Dividends paid to common stockholders	(103,446)	(101,227)
Dividends paid to preferred stockholders	(676)	(676)
Taxes paid related to net share settlement of equity awards	(750)	(568)
Net cash provided by (used in) financing activities	(97,802)	(102,471)
Net increase (decrease) in cash, cash equivalents and restricted cash	(20,864)	5,480
Cash, cash equivalents and restricted cash, beginning of period	141,699	88,572
Cash, cash equivalents and restricted cash, end of period	120,835	94,052
Supplemental disclosure of cash flow information:
Cash paid during the period for interest, net of interest capitalized	7,933	8,337
Supplemental disclosure of non-cash investing and financing activities:
Accrual for current-period additions to real estate	6,161	17,021
Deposits applied for acquisitions		250
Accrual for common and preferred stock dividends declared	$ 54,591	51,080
Exchange of Exchangeable Senior Notes for common stock		$ 1,964