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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Real estate properties    
Land $ 387,918 $ 362,695
Buildings, improvements and lease intangibles 4,458,119 4,220,297
Personal property 11,761 11,195
Investment in financing receivables, net 186,745 0
Financing lease right-of-use assets 31,576 19,667
Construction in progress 3,974 0
Land held for development 24,849 27,226
Total real estate investments 5,104,942 4,641,080
Less accumulated depreciation (1,338,743) (1,239,224)
Total real estate investments, net 3,766,199 3,401,856
Cash and cash equivalents 13,175 15,303
Assets held for sale, net 57 20,646
Operating lease right-of-use assets 128,386 125,198
Investments in unconsolidated joint ventures 161,942 73,137
Other assets, net 189,160 176,120
Total assets 4,258,919 3,812,260
Liabilities    
Notes and bonds payable 1,801,325 1,602,769
Accounts payable and accrued liabilities 86,108 81,174
Liabilities of properties held for sale 294 1,216
Operating lease liabilities 96,138 92,273
Financing lease liabilities 22,551 18,837
Other liabilities 67,387 67,615
Total liabilities 2,073,803 1,863,884
Commitments and contingencies
Stockholders' equity    
Preferred stock, $.01 par value; 50,000 shares authorized; none issued and outstanding 0 0
Common stock, $.01 par value; 300,000 shares authorized; 150,457 and 139,487 shares issued and outstanding at December 31, 2021 and 2020, respectively. 1,505 1,395
Additional paid-in capital 3,972,917 3,635,341
Accumulated other comprehensive loss (9,981) (17,832)
Cumulative net income attributable to common stockholders 1,266,158 1,199,499
Cumulative dividends (3,045,483) (2,870,027)
Total stockholders’ equity 2,185,116 1,948,376
Total liabilities and stockholders' equity $ 4,258,919 $ 3,812,260