Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2023	Dec. 31, 2022
Assets:
Investments in real estate, net	$ 2,715,761	$ 2,255,674
Investments in unconsolidated real estate affiliates	471,772	6,514
Investment in leases – Financing receivables, net	557,730	521,033
Investments in real estate debt	87,120	73,816
Intangible assets, net	137,971	109,821
Cash and cash equivalents	35,581	29,232
Restricted cash	82,026	104,346
Other assets	84,513	65,827
Total assets	4,172,474	3,166,263
Liabilities:
Affiliate line of credit	225,000	250,000
Due to affiliates	73,852	39,225
Accounts payable and accrued expenses	86,430	53,519
Other liabilities	36,419	12,918
Total liabilities	2,322,472	2,132,599
Redeemable non-controlling interests	12,438	1,657
Redeemable common shares	28,032	2,357
Equity
Additional paid-in capital	1,597,811	744,852
Accumulated deficit and cumulative distributions	(80,831)	(13,212)
Accumulated other comprehensive income	25,272	3,678
Total Shareholders' Equity	1,543,883	736,083
Non-controlling interests	265,649	293,567
Total equity	1,809,532	1,029,650
Total liabilities and equity	4,172,474	3,166,263
Mortgage notes & credit facilities:
Liabilities:
Mortgage notes and credit facilities, net	1,900,771	1,776,937
Class I Common Shares
Equity
Common shares	813	317
Class D Common Shares
Equity
Common shares	39	14
Class S Common Shares
Equity
Common shares	$ 779	$ 434