Consolidated Balance Sheets - USD ($) $ in Thousands		Dec. 31, 2022	Dec. 31, 2021
Real estate investments, at cost:
Land and improvements		$ 1,228,687	$ 1,004,154
Building and improvements		2,440,630	2,035,919
Lease incentives		18,352	13,950
Construction in progress		34,537	8,858
Intangible lease assets		88,364	87,959
Total real estate investments, at cost		3,810,570	3,150,840
Less: accumulated depreciation and amortization		(276,307)	(200,152)
Total real estate investments, net		3,534,263	2,950,688
Loans and direct financing lease receivables, net		240,035	189,287
Real estate investments held for sale, net		4,780	15,434
Net investments		3,779,078	3,155,409
Cash and cash equivalents		62,345	59,758
Restricted cash		9,155	0
Straight-line rent receivable, net		78,587	57,990
Derivative assets		47,877	0
Rent receivables, prepaid expenses and other assets, net		22,991	25,638
Total assets	[1]	4,000,033	3,298,795
LIABILITIES AND EQUITY
Unsecured term loans, net of deferred financing costs		1,025,492	626,983
Senior unsecured notes, net		395,286	394,723
Revolving credit facility		0	144,000
Intangible lease liabilities, net		11,551	12,693
Dividend payable		39,398	32,610
Derivative liabilities		2,274	11,838
Accrued liabilities and other payables		29,261	32,145
Total liabilities	[1]	1,503,262	1,254,992
Commitments and contingencies (see Note 11)		0	0
Stockholders' equity:
Preferred stock, $0.01 par value; 150,000,000 authorized; none issued and outstanding as of December 31, 2022 and 2021		0	0
Common stock, $0.01 par value; 500,000,000 authorized; 142,379,655 and 124,649,053 issued and outstanding as of December 31, 2022 and 2021, respectively		1,424	1,246
Additional paid-in capital		2,563,305	2,151,088
Distributions in excess of cumulative earnings		(117,187)	(100,982)
Accumulated other comprehensive income (loss)		40,719	(14,786)
Total stockholders' equity		2,488,261	2,036,566
Non-controlling interests		8,510	7,237
Total equity		2,496,771	2,043,803
Total liabilities and equity		$ 4,000,033	$ 3,298,795

[1] The Company's consolidated balance sheets include assets and liabilities of consolidated variable interest entities ("VIEs"). See Note 2—Summary of Significant Accounting Policies. As of December 31, 2022 and 2021, all of the assets and liabilities of the Company were held by its operating partnership, a consolidated VIE, with the exception of $39.2 million and $32.5 million, respectively, of dividends payable.