Condensed Consolidated Statement of Cash Flows (Statement) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2023
Cash flows from operating activities:
Net income	$ 22,918
Adjustments to reconcile net income to cash provided by operating activities:
Management fee	9,058
Performance participation allocation	8,134
Depreciation and amortization	28,670
Straight-line rent adjustment	(8,518)
Accretion of tenant loan receivable	(4,966)
Amortization of below-market lease intangibles	(69)
Amortization of deferred financing costs	6,430
Income from unconsolidated real estate affiliates	(16,774)
Lease right of use asset amortization	327
Amortization of mortgage note premium/discount	251
Distribution of earnings from unconsolidated real estate affiliates	5,139
Non-cash interest expense on affiliate line of credit	8,491
Provision for CECL	816
Other	(256)
Change in assets and liabilities:
Decrease in tenant and other receivables	2,381
Decrease in due to affiliates	(2,011)
Increase in accounts payable and accrued expenses	11,546
Increase in other liabilities	5,604
Net cash provided by operating activities	77,171
Cash flows from investing activities:
Acquisitions of real estate	(234,027)
Capital improvements to real estate	(58,858)
Investment in leases - financing receivable	(40,764)
Purchase of investments in real estate debt	(9,723)
Sale of investments in real estate debt	23,846
Investment in unconsolidated real estate affiliates	(366,216)
Cash flows from off-market interest rate swaps and caps	3,633
Net cash used in investing activities	(682,109)
Cash flows from financing activities:
Proceeds from issuance of common shares	582,932
Payment of distributions to common shares	18,703
Payment of distributions to non-controlling interests	(9,820)
Repurchase of common stock	(6,869)
Redemption of non-controlling interests	(21,992)
Borrowings under mortgage notes	44,654
Payment of deferred financing costs	(4,067)
Net cash provided by financing activities	604,985
Net change in cash and cash equivalents and restricted cash	47
Cash and cash equivalents and restricted cash, beginning of period	133,578
Effects of currency translation on cash, cash equivalents, and restricted cash	1,129
Cash and cash equivalents and restricted cash, end of period	134,754
Cash and cash equivalents	46,857
Restricted cash	87,897
Total cash and cash equivalents and restricted cash	134,754
Supplemental disclosures:
Interest paid	45,442
Accrued unpaid amounts for capital improvements to real estate	7,069
Non-cash investing and financing activities:
Issuance of redeemable Class I Shares as interest payment for the affiliate line of credit	7,935
Issuance of redeemable Class I Shares as settlement of the management fee	7,686
Redeemable non-controlling interest issued as settlement of performance participation allocation	2,504
Allocation to redeemable non-controlling interest	5
Allocation to redeemable common shares	142
Distribution reinvestment	15,394
Accrued distributions	2,857
Unsecured term loan credit facility
Cash flows from financing activities:
Proceeds from credit facility	142,500
Unsecured revolving credit facility
Cash flows from financing activities:
Proceeds from credit facility	132,016
Repayment of revolving credit facility	$ (235,666)