CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
Real estate properties:
Land	$ 22,400	$ 44,060
Buildings and improvements	158,152	367,827
Total real estate properties, at cost, gross	180,552	411,887
Accumulated depreciation	(69,254)	(180,535)
Total real estate properties, at cost, net	111,298	231,352
Assets held for sale	86,803	0
Cash and cash equivalents	2,225,150	2,160,535
Rents receivable	8,046	15,737
Other assets, net	9,833	17,417
Total assets	2,441,130	2,425,041
LIABILITIES AND EQUITY
Liabilities related to properties held for sale	6,200	0
Accounts payable, accrued expenses and other	17,621	27,298
Rent collected in advance	1,324	1,990
Distributions payable	2,803	5,640
Total liabilities	27,948	34,928
Shareholders’ equity:
Series D preferred shares; 6.50% cumulative convertible; $4,915,196 shares issued and outstanding, aggregate liquidation preference of $122,880	119,263	119,263
Common shares of beneficial interest, $0.01 par value: $350,000,000 shares authorized; $107,327,691 and $106,847,438 shares issued and outstanding, respectively	1,073	1,068
Additional paid in capital	3,942,389	3,935,873
Cumulative net income	3,950,345	3,926,979
Cumulative common distributions	(4,863,688)	(4,864,440)
Cumulative preferred distributions	(739,667)	(733,676)
Total shareholders’ equity	2,409,715	2,385,067
Noncontrolling interest	3,467	5,046
Total equity	2,413,182	2,390,113
Total liabilities and equity	$ 2,441,130	$ 2,425,041