
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Income producing property | $2.52B+16.2% | $2.17B+3.8% | $2.09B+11.1% | $1.88B+13.6% | $1.66B-1.3% | $1.68B+15.1% | $1.46B+40.7% | $1.04B |
| Held for development | $5.7M+0.0% | $5.7M-52.6% | $12.0M+90.3% | $6.3M+0.0% | $6.3M-53.7% | $13.6M+172.1% | $5.0M+67.0% | $3.0M |
| Construction in progress | $17.1M-2.6% | $17.5M-82.9% | $102.3M+92.7% | $53.1M-26.8% | $72.5M+14.5% | $63.4M-54.9% | $140.6M+3.6% | $135.7M |
| Gross real estate investments | $2.55B+16.0% | $2.20B-0.5% | $2.21B+13.6% | $1.94B+11.9% | $1.74B | — | — | — |
| Accumulated depreciation | -$521.2M-15.7% | -$450.4M-14.6% | -$393.2M-19.2% | -$330.0M-15.4% | -$285.8M-12.5% | -$254.0M-13.0% | -$224.7M-19.1% | -$188.8M |
| Net real estate investments | $2.03B+16.1% | $1.74B-3.8% | $1.81B+12.4% | $1.61B+11.2% | $1.45B-3.5% | $1.50B+8.9% | $1.38B+39.9% | $987.8M |
| Real estate investments held for sale | $4.8M+0.0% | $4.8M | $0 | — | $80.8M+6831.4% | $1.2M-20.2% | $1.5M+57.2% | $929K |
| Assets of discontinued operations | $30.0M-77.2% | $131.5M | — | — | — | — | — | — |
| Cash and cash equivalents | $49.1M+53.9% | $31.9M+14.4% | $27.9M-42.0% | $48.1M+36.6% | $35.2M-14.0% | $41.0M+4.5% | $39.2M+84.6% | $21.3M |
| Restricted cash | $3.2M+104.2% | $1.6M-29.6% | $2.2M-39.7% | $3.7M-28.3% | $5.2M-44.9% | $9.4M+117.0% | $4.3M+55.4% | $2.8M |
| Accounts receivable, net | $66.2M+25.2% | $52.8M+16.1% | $45.5M+16.2% | $39.2M+32.5% | $29.6M+4.7% | $28.3M+20.4% | $23.5M+23.4% | $19.0M |
| Notes receivable, net | $128.7M-2.9% | $132.6M+40.8% | $94.2M-30.8% | $136.0M+7.6% | $126.4M-6.6% | $135.4M-15.0% | $159.4M+14.9% | $138.7M |
| Equity method investments | $47.9M-69.7% | $158.2M+11.3% | $142.0M+97.3% | $72.0M+467.5% | $12.7M+1076.7% | $1.1M | $0-100.0% | $22.2M |
| Operating lease right-of-use assets | $22.6M-1.0% | $22.8M-1.1% | $23.1M-1.1% | $23.4M-0.6% | $23.5M-28.3% | $32.8M-1.0% | $33.1M | — |
| Finance lease right-of-use assets | $87.5M-1.7% | $89.0M-1.7% | $90.6M+97.4% | $45.9M-2.4% | $47.0M+99.6% | $23.5M-2.4% | $24.1M | — |
| Acquired lease intangible assets | $77.6M-13.5% | $89.7M-17.8% | $109.1M+5.1% | $103.9M+67.4% | $62.0M+6.7% | $58.2M-15.4% | $68.7M+149.3% | $27.6M |
| Other assets | $52.8M-0.6% | $53.2M-39.3% | $87.5M+2.6% | $85.4M+85.9% | $45.9M+6.0% | $43.3M+31.7% | $32.9M+19.1% | $27.6M |
| Total Assets | $2.60B+3.3% | $2.51B-2.0% | $2.56B+14.3% | $2.24B+15.7% | $1.94B+1.1% | $1.92B+6.2% | $1.80B+42.6% | $1.27B |
| Indebtedness, net | $1.53B+17.8% | $1.30B-7.3% | $1.40B+30.8% | $1.07B+16.4% | $917.6M-4.8% | $963.8M+1.4% | $950.5M+36.9% | $694.2M |
| Accounts payable and accrued liabilities | $40.2M+14.5% | $35.1M+13.0% | $31.0M+15.7% | $26.8M-9.3% | $29.6M+23.8% | $23.9M+34.2% | $17.8M+17.0% | $15.2M |
| Operating lease liabilities | $31.2M-0.5% | $31.4M-0.5% | $31.5M-0.5% | $31.7M+0.1% | $31.6M-24.0% | $41.7M+0.4% | $41.5M | — |
| Finance lease liabilities | $93.5M+0.9% | $92.6M+0.8% | $91.9M+97.7% | $46.5M+0.7% | $46.2M+157.1% | $18.0M+0.3% | $17.9M | — |
| Other liabilities | $45.7M-16.0% | $54.4M-3.9% | $56.6M+4.7% | $54.1M-3.3% | $55.9M-1.8% | $56.9M-9.7% | $63.0M+36.5% | $46.2M |
| Liabilities of discontinued operations | $30.6M-73.2% | $114.1M | — | — | $41.4M | $0 | — | — |
| Total Liabilities | $1.77B+8.9% | $1.62B-7.7% | $1.76B+31.3% | $1.34B+15.5% | $1.16B-0.2% | $1.16B+0.9% | $1.15B+42.0% | $809.5M |
| Preferred stock, $0.01 par value, 100,000,000 shares authorized: 6.75% Series A Cumulative Redeemable Perpetual Preferred Stock, 9,980,000 shares authorized, 6,843,418 shares issued and outstanding as of December 31, 2025 and 2024 | $171.1M+0.0% | $171.1M+0.0% | $171.1M+0.0% | $171.1M+0.0% | $171.1M+0.0% | $171.1M+170.5% | $63.3M | $0 |
| Common stock, $0.01 par value, 500,000,000 shares authorized; 80,166,778 and 79,695,938 shares issued and outstanding as of December 31, 2025 and 2024, respectively | $805K+1.0% | $797K+19.3% | $668K-1.3% | $677K+7.5% | $630K+6.6% | $591K+5.0% | $563K+12.6% | $500K |
| Additional paid-in capital | $724.7M+1.4% | $714.6M+23.1% | $580.7M-1.2% | $587.9M+12.0% | $525.0M+11.1% | $472.7M+3.7% | $455.7M+27.5% | $357.4M |
| Distributions in excess of earnings | -$269.5M-23.3% | -$218.6M-18.4% | -$184.7M-45.6% | -$126.9M+10.2% | -$141.4M-25.8% | -$112.4M-5.3% | -$106.7M-29.0% | -$82.7M |
| Accumulated other comprehensive income | $703K-74.3% | $2.7M-44.2% | $4.9M-66.6% | $14.7M+44581.8% | -$33K+99.6% | -$8.9M-109.2% | -$4.2M-230.5% | -$1.3M |
| Total stockholders’ equity | $627.8M-6.4% | $670.6M+17.1% | $572.6M-11.6% | $647.5M+16.6% | $555.4M+6.1% | $523.2M+28.1% | $408.6M+49.2% | $273.9M |
| Noncontrolling interests in investment entities | $8.5M-7.1% | $9.2M-8.1% | $10.0M-58.5% | $24.1M+3724.3% | $629K+28.9% | $488K-89.1% | $4.5M | $0 |
| Noncontrolling interests in Operating Partnership | $192.9M-8.1% | $209.9M-5.7% | $222.6M-4.3% | $232.5M+3.9% | $223.8M-4.0% | $233.1M-3.8% | $242.4M+33.2% | $182.0M |
| Total Equity | $829.2M-6.8% | $889.7M+10.5% | $805.2M-10.9% | $904.0M+15.9% | $779.8M+3.0% | $756.8M+15.5% | $655.4M+43.8% | $455.9M |
| Total Liabilities and Equity | $2.60B+3.3% | $2.51B-2.0% | $2.56B+14.3% | $2.24B+15.7% | $1.94B+1.1% | $1.92B+6.2% | $1.80B+42.6% | $1.27B |
Source: SEC EDGAR XBRL. % change vs prior period shown where available.
Source: SEC EDGAR 10-K and 10-Q filings. Up to 10 years annual / 16 quarters shown.