v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
ASSETS    
Real estate portfolio, net of accumulated depreciation and amortization $ 9,463,681 $ 9,239,542
Cash and cash equivalents 4,223 5,046
Restricted cash and cash held in escrow 0 776
Receivables, net of allowance of $567 and $609, respectively 2,874 3,470
Accrued rental income, net of allowance of $3,528 and $3,393, respectively 36,672 34,914
Debt costs, net of accumulated amortization of $31,348 and $29,930, respectively 4,987 8,645
Other assets 94,086 86,962
Total assets 9,606,523 9,379,355
Liabilities:    
Line of credit payable 28,500 348,100
Term loan payable, net of unamortized debt costs 496,835 0
Notes payable, net of unamortized discount and unamortized debt costs 4,475,938 4,472,324
Accrued interest payable 37,989 40,557
Other liabilities 106,525 110,072
Total liabilities 5,145,787 4,971,053
Stockholders’ equity:    
Common stock, $0.01 par value. Authorized 375,000,000 shares; 191,931,110 and 189,937,404 shares issued and outstanding, respectively 1,921 1,901
Capital in excess of par value 5,377,445 5,295,434
Accumulated deficit (917,959) (882,712)
Accumulated other comprehensive income (loss) (671) (6,321)
Total equity 4,460,736 4,408,302
Total liabilities and equity $ 9,606,523 $ 9,379,355