CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2025	Dec. 31, 2024
Assets:
Real estate, at cost	$ 4,126,352	$ 4,176,294
Real estate - intangible assets	313,296	318,444
Land held for development	82,945	82,827
Investments in real estate under construction	33,735	5,947
Real estate, gross	4,556,328	4,583,512
Less: accumulated depreciation and amortization	(1,111,597)	(1,047,166)
Real estate, net	3,444,731	3,536,346
Right-of-use assets, net	14,250	16,484
Cash and cash equivalents	70,976	101,836
Restricted cash	247	237
Investments in non-consolidated entities	38,416	40,018
Deferred expenses, net	38,227	39,820
Rent receivable - current	3,149	2,052
Rent receivable - deferred	85,301	85,757
Other assets	21,833	20,762
Total assets	3,717,130	3,843,312
Liabilities:
Mortgages and notes payable, net	52,260	54,930
Term loan payable, net	248,615	297,814
Senior notes payable, net	1,090,411	1,089,373
Trust preferred securities, net	100,074	127,893
Dividends payable	41,544	41,164
Operating lease liabilities	14,730	17,114
Accounts payable and other liabilities	53,681	57,055
Accrued interest payable	10,337	10,517
Deferred revenue - including below-market leases, net	4,873	6,751
Prepaid rent	14,431	19,918
Total liabilities	1,630,956	1,722,529
Commitments and contingencies
Equity:
Preferred shares, par value $0.0001 per share; authorized 100,000,000 shares: Series C Cumulative Convertible Preferred, liquidation preference $96,770; 1,935,400 shares issued and outstanding	94,016	94,016
Common shares, par value $0.0001 per share; authorized 600,000,000 shares, 295,756,383 and 294,499,790 shares issued and outstanding in 2025 and 2024, respectively	30	29
Additional paid-in-capital	3,320,069	3,315,104
Accumulated distributions in excess of net income	(1,351,361)	(1,316,993)
Accumulated other comprehensive income	1,601	6,136
Total shareholders’ equity	2,064,355	2,098,292
Noncontrolling interests	21,819	22,491
Total equity	2,086,174	2,120,783
Total liabilities and equity	$ 3,717,130	$ 3,843,312