CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2026	Dec. 31, 2025
Assets:
Real estate, at cost	$ 3,962,106	$ 3,908,485
Real estate - intangible assets	336,881	305,841
Land held for development	64,781	82,971
Investments in real estate under construction	102,422	41,769
Real estate, gross	4,466,190	4,339,066
Less: accumulated depreciation and amortization	(1,231,328)	(1,151,513)
Real estate, net	3,234,862	3,187,553
Assets held for sale	15,393	0
Right-of-use assets, net	6,717	8,721
Cash and cash equivalents	17,990	170,394
Restricted cash	172	257
Investments in non-consolidated entities	29,231	31,430
Deferred expenses, net	49,445	35,068
Rent receivable - current	2,894	3,454
Rent receivable - deferred	83,999	84,631
Other assets	23,231	15,514
Total assets	3,463,934	3,537,022
Liabilities:
Mortgages and notes payable, net	46,770	49,541
Revolving credit facility borrowings	15,000	0
Term loan payable, net	247,750	249,053
Senior notes payable, net	953,514	952,693
Trust preferred securities, net	100,152	100,113
Dividends payable	44,276	44,715
Liabilities held for sale	252	0
Operating lease liabilities	7,009	9,134
Accounts payable and other liabilities	61,820	54,553
Accrued interest payable	9,117	9,218
Deferred revenue - including below-market leases, net	2,463	3,030
Prepaid rent	15,291	16,594
Total liabilities	1,503,414	1,488,644
Commitments and contingencies
Preferred shares, par value (in dollars per share)	$ 0.0001	$ 0.0001
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	$ 94,014	$ 94,016
Common shares, par value $0.0001 per share; authorized 600,000,000 shares, 58,952,524 and 59,077,234 shares issued and outstanding in 2026 and 2025, respectively	6	6
Additional paid-in-capital	3,308,879	3,313,884
Accumulated distributions in excess of net income	(1,456,767)	(1,371,654)
Accumulated other comprehensive income	1,774	427
Total shareholders’ equity	1,947,906	2,036,679
Noncontrolling interests	12,614	11,699
Total equity	1,960,520	2,048,378
Total liabilities and equity	$ 3,463,934	$ 3,537,022