Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Assets
Investments in real estate, net	$ 2,932,907	$ 2,715,832
Investments in unconsolidated real estate affiliates	1,581,947	705,628
Investment in leases – Financing receivables, net	513,962	562,690
Investments in real estate debt	186,772	87,209
Intangible assets, net	172,410	136,530
Cash and cash equivalents	113,372	59,087
Restricted cash	127,118	77,583
Other assets	59,571	49,209
Total assets	5,688,059	4,393,768
Liabilities and Equity
Unsecured senior notes, net	128,131	0
Affiliate line of credit	0	200,000
Due to affiliates	118,583	71,750
Accounts payable and accrued expenses	120,080	81,499
Other liabilities	93,080	47,071
Total liabilities	1,957,477	2,259,908
Redeemable non-controlling interests	32,071	17,976
Redeemable common shares	73,051	38,418
Equity
Additional paid-in capital	3,588,122	1,948,355
Accumulated deficit and cumulative distributions	(205,284)	(132,638)
Accumulated other comprehensive income	(9,543)	3,052
Total Shareholders' Equity	3,376,952	1,820,751
Non-controlling interests	248,508	256,715
Total equity	3,625,460	2,077,466
Total liabilities and equity	5,688,059	4,393,768
Class S Common Shares
Equity
Common shares	1,650	921
Class N Common Shares
Equity
Common shares	83	0
Class D Common Shares
Equity
Common shares	12	45
Class I Common Shares
Equity
Common shares	1,912	1,016
Mortgage notes and credit facilities, net
Liabilities and Equity
Mortgage notes and credit facilities, net	$ 1,497,603	$ 1,859,588