7Baggers
Quarterly
Annual
    Unit: USD2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31 2020-09-30 2020-06-30 2020-03-31 2019-12-31 2019-09-30 2019-06-30 2019-03-31 2018-12-31 2018-09-30 2018-06-30 2018-03-31 2017-09-30 2017-06-30 2017-03-31 2016-09-30 2016-06-30 2016-03-31 2015-12-31 2015-09-30 2015-06-30 2015-03-31 2014-12-31 2014-09-30 2014-06-30 2014-03-31 2013-12-31 2013-09-30 2013-06-30 2013-03-31 2012-12-31 2012-09-30 2012-06-30 2012-03-31 2011-09-30 2011-06-30 2011-03-31 2010-09-30 2010-06-30 2010-03-31 2009-09-30 2009-03-31 2008-12-31 2008-09-30 2008-06-30 2008-03-31 
      
                                                                     
      assets
                                                                     
      investment in real estate, net of accumulated depreciation and amortization of 1,923,741 and 1,821,344, respectively
    4,697,767,000                                                                 
      assets held for sale
    30,584,000 11,196,000 11,190,000 17,015,000 2,950,000   15,283,000          208,026,000 5,172,000 5,316,000    12,093,000 6,574,000     9,800,000  40,626,000 39,000,000    195,588,000                        
      cash and cash equivalents
    50,290,000 7,896,000 14,917,000 10,253,000 6,147,000 7,224,000 4,942,000 10,287,000 35,366,000 6,420,000 6,093,000 4,077,000 25,573,000 1,598,000 636,000 3,282,000 39,432,000 2,899,000 5,776,000 5,556,000 27,435,000 156,461,000 437,260,000             21,614,000   105,000  46,905,000 805,000 18,102,000 9,027,000 19,513,000 7,388,000 2,844,000 61,402,000 67,691,000 117,580,000 411,473,000 358,261,000 319,827,000 114,934,000 155,767,000 75,193,000 196,030,000   
      restricted cash-furniture, fixtures and other escrows
    35,065,000 33,927,000 35,185,000 33,814,000 32,570,000 31,295,000 29,638,000 33,331,000 33,697,000 31,755,000 32,686,000 39,435,000 38,821,000 45,650,000 40,568,000 36,667,000 34,446,000 31,215,000 30,149,000 28,812,000 28,184,000 27,713,000 33,335,000 34,661,000 35,287,000 33,199,000 32,269,000 33,632,000 34,488,000 32,279,000 31,438,000 30,299,000 28,244,000 27,309,000 31,953,000 20,729,000 20,806,000 22,651,000 25,700,000 26,657,000 30,694,000 32,526,000 37,118,000 35,975,000 37,017,000 9,416,000 10,360,000 9,806,000 8,973,000                 
      due from third-party managers
    52,830,000 64,445,000 58,980,000  57,394,000 62,894,000 63,048,000  60,801,000 67,474,000                                                        
      other assets
    46,984,000 46,897,000 46,770,000 53,568,000 49,659,000 62,109,000 63,394,000 64,586,000 85,391,000 81,539,000 67,855,000 74,909,000 80,999,000 59,931,000 49,335,000 33,341,000 37,203,000 36,084,000 33,589,000 35,042,000 36,887,000 37,068,000 37,040,000 42,993,000 44,220,000 45,323,000 49,257,000 49,539,000 60,921,000 56,929,000 54,917,000 48,018,000 47,771,000 47,419,000 41,551,000 34,335,000 31,945,000 33,614,000 42,770,000 42,278,000 35,398,000 35,935,000 43,486,000 44,670,000 48,667,000 9,844,000 9,802,000 10,369,000 9,874,000 19,970,000 21,325,000 21,544,000 22,062,000 43,126,000 42,922,000 47,101,000 39,720,000 22,934,000 22,082,000 17,557,000 11,250,000 8,228,000 3,449,000 242,000  
      total assets
    4,913,520,000 4,929,092,000 4,948,178,000 4,969,920,000 5,021,803,000 5,075,400,000 5,032,498,000 4,937,298,000 4,764,042,000 4,767,305,000 4,761,251,000 4,772,714,000 4,777,503,000 4,776,852,000 4,791,117,000 4,790,527,000 4,704,827,000 4,792,386,000 4,825,932,000 4,829,759,000 4,916,420,000 5,022,199,000 5,306,370,000 4,942,411,000 4,990,427,000 4,988,839,000 5,024,387,000 4,928,672,000 4,968,458,000 5,018,884,000 4,973,371,000 4,913,887,000 4,904,574,000 4,974,923,000 5,018,693,000 3,725,466,000 3,723,074,000 3,722,775,000 3,758,493,000 3,610,395,000 3,634,373,000 3,779,749,000 3,807,198,000 3,831,390,000 3,845,630,000 1,491,281,000 1,496,716,000 1,509,164,000 1,510,507,000 1,526,017,000 1,553,916,000 1,552,282,000 1,676,113,000 1,730,381,000 1,749,092,000 1,736,002,000 1,545,084,000 1,295,732,000 1,121,628,000 822,314,000 543,665,000 431,619,000 260,452,000 162,821,000 504,498 
      liabilities
                                                                     
      debt
    1,507,948,000 1,525,866,000 1,535,396,000 1,471,452,000 1,501,189,000 1,536,891,000 1,500,698,000 1,371,494,000 1,373,268,000 1,399,444,000 1,417,679,000 1,366,249,000 1,318,319,000 1,372,638,000 1,433,213,000 1,438,758,000 1,366,621,000 1,396,408,000 1,523,032,000 1,482,571,000 1,508,939,000 1,582,168,000 1,789,281,000 1,320,407,000 1,339,912,000 1,384,314,000 1,405,616,000 1,412,242,000 1,320,000,000                                     
      finance lease liabilities
    111,243,000 111,376,000 111,481,000 111,585,000 111,687,000 111,776,000 111,837,000 111,892,000 111,943,000 111,981,000 111,994,000 112,006,000 111,969,000 111,920,000 111,848,000 111,776,000 111,706,000 222,081,000 221,027,000 219,981,000 218,935,000 219,060,000 217,180,000 216,627,000 215,816,000 163,508,000 162,818,000                                       
      accounts payable and other liabilities
    104,388,000 93,065,000 88,481,000 121,024,000 112,058,000 93,763,000 85,661,000 129,931,000 104,920,000 87,825,000 78,716,000 116,064,000 94,219,000 70,668,000 66,949,000 92,672,000 98,386,000 79,574,000 80,108,000 97,860,000 113,542,000 108,012,000 105,105,000 114,364,000 107,763,000 88,949,000 88,926,000 107,420,000 95,996,000 89,471,000 89,439,000 104,467,000 88,685,000 84,237,000 133,119,000 77,245,000 73,426,000 77,614,000 80,525,000 64,492,000 43,384,000 55,555,000 53,658,000 43,865,000 38,137,000                     
      total liabilities
    1,723,579,000 1,730,307,000 1,735,358,000 1,704,061,000 1,724,934,000 1,742,430,000 1,698,196,000 1,613,317,000 1,590,131,000 1,599,250,000 1,608,389,000 1,594,319,000 1,524,507,000 1,555,226,000 1,612,010,000 1,643,206,000 1,576,713,000 1,698,063,000 1,824,167,000 1,800,412,000 1,841,416,000 1,909,240,000 2,111,566,000 1,651,398,000 1,663,491,000 1,636,771,000 1,657,360,000 1,519,662,000 1,415,996,000 1,461,647,000 1,416,897,000 1,409,938,000 1,397,002,000 1,487,077,000 1,482,294,000 1,099,897,000 1,094,468,000 1,075,717,000 1,044,771,000 864,031,000 650,400,000 765,125,000 750,536,000 748,344,000 742,069,000 179,470,000 203,722,000 196,245,000 184,133,000 179,884,000 184,867,000 165,414,000 133,340,000 138,708,000 137,224,000 116,885,000 95,582,000 64,201,000 61,599,000 65,412,000 44,085,000 41,879,000 312,000 51,000 493,086 
      shareholders’ equity
                                                                     
      preferred stock, authorized 30,000,000 shares; none issued and outstanding
                                             
      common stock
    4,733,550,000 4,735,003,000 4,751,358,000 4,771,005,000 4,772,759,000 4,790,949,000 4,805,504,000 4,794,804,000 4,580,193,000 4,579,405,000 4,581,841,000 4,577,022,000 4,579,198,000 4,579,590,000 4,578,758,000 4,569,352,000 4,570,217,000 4,569,332,000 4,493,422,000 4,488,419,000 4,488,288,000 4,488,034,000 4,487,441,000 4,493,763,000 4,493,598,000 4,493,598,000 4,493,362,000 4,495,073,000 4,595,207,000 4,594,700,000 4,594,247,000 4,455,390,000 4,455,191,000 4,454,992,000 4,461,589,000 3,506,613,000 3,506,514,000 3,500,584,000 3,501,252,000 3,522,428,000 3,726,501,000 3,737,328,000 3,737,328,000 3,737,328,000 3,739,035,000 1,807,377,000 1,807,236,000 1,807,387,000 1,806,514,000 1,805,335,000 1,803,567,000 1,801,535,000 1,804,603,000 1,808,981,000 1,809,741,000 1,797,256,000 1,566,111,000 1,323,312,000 1,130,369,000 793,395,000 518,748,000 400,569,000 264,528,000 163,359,000 110 
      accumulated other comprehensive income
    2,844,000 4,230,000 8,553,000 15,587,000 4,792,000 21,380,000 24,112,000 20,404,000 37,411,000 35,999,000 28,775,000 36,881,000 38,354,000 22,330,000 11,711,000         -4,698,000 -10,351,000 -6,158,000 3,962,000 10,006,000 19,467,000 17,810,000 16,070,000 5,218,000 4,959,000 6,134,000        -511,000 311,000 -446,000 468,000                     
      accumulated distributions greater than net income
    -1,546,453,000 -1,540,448,000 -1,547,091,000 -1,520,733,000                                                              
      total shareholders’ equity
    3,189,941,000 3,198,785,000 3,212,820,000 3,265,859,000 3,296,869,000 3,332,970,000 3,334,302,000 3,323,981,000 3,173,911,000 3,168,055,000 3,152,862,000             3,291,013,000    3,409,010,000   3,556,474,000   3,487,846,000 3,536,399,000   2,647,058,000                1,591,673,000 1,611,868,000 1,619,117,000 1,449,502,000 1,231,531,000 1,060,029,000 756,902,000   260,140,000 162,770,000 11,412 
      total liabilities and shareholders’ equity
    4,913,520,000 4,929,092,000 4,948,178,000 4,969,920,000 5,021,803,000 5,075,400,000 5,032,498,000 4,937,298,000 4,764,042,000 4,767,305,000 4,761,251,000             4,942,411,000    4,928,672,000   4,973,371,000   4,974,923,000 5,018,693,000   3,722,775,000                1,730,381,000 1,749,092,000 1,736,002,000 1,545,084,000 1,295,732,000 1,121,628,000 822,314,000   260,452,000 162,821,000 504,498 
      investment in real estate, net of accumulated depreciation and amortization of 1,897,281 and 1,821,344, respectively
     4,764,731,000                                                                
      investment in real estate, net of accumulated depreciation and amortization of 1,849,324 and 1,821,344, respectively
      4,781,136,000                                                               
      investment in real estate, net of accumulated depreciation and amortization of 1,821,344 and 1,662,942, respectively
       4,820,748,000                                                              
      due from third party managers
       34,522,000    36,437,000   71,120,000 43,331,000 65,110,000 66,429,000 60,560,000 40,052,000 52,322,000 54,296,000 38,766,000 22,137,000 29,969,000 24,925,000 22,040,000 26,926,000 40,473,000 52,214,000 51,358,000 29,091,000 47,991,000 61,660,000 57,240,000 52,354,000 57,676,000 57,692,000 50,973,000 45,093,000 43,027,000 24,743,000 38,436,000 41,771,000 39,337,000 22,879,000 34,255,000 40,667,000 37,685,000 10,421,000 15,855,000 18,607,000 17,733,000 10,751,000 15,121,000 17,715,000 18,738,000 13,968,000 16,318,000 15,707,000 7,096,000 6,927,000 5,249,000 3,203,000 3,293,000 1,775,000 298,000   
      investment in real estate, net of accumulated depreciation and amortization of 1,797,006 and 1,662,942, respectively
        4,873,083,000                                                             
      distributions greater than net income
        -1,480,682,000 -1,479,359,000 -1,495,314,000 -1,491,227,000 -1,443,693,000 -1,447,349,000 -1,457,754,000 -1,435,508,000 -1,364,556,000 -1,380,294,000 -1,411,362,000 -1,406,523,000 -1,417,453,000 -1,446,933,000 -1,464,937,000 -1,416,270,000 -1,364,964,000 -1,324,016,000 -1,245,773,000 -1,198,052,000 -1,156,311,000 -1,135,372,000 -1,130,297,000 -1,096,069,000 -1,062,212,000 -1,055,273,000 -1,053,843,000 -956,659,000 -952,578,000 -973,280,000 -915,199,000 -866,792,000 -869,157,000 -851,469,000 -781,367,000 -775,879,000 -741,743,000 -722,193,000 -680,977,000 -653,836,000 -635,942,000 -495,614,000 -514,290,000 -494,516,000 -480,188,000 -459,250,000 -434,566,000 -414,715,000 -261,878,000 -217,356,000 -197,921,000 -178,187,000 -116,657,000 -91,829,000   -19,216,000 -10,877,000 -4,436,000 -637,000  
      investment in real estate, net of accumulated depreciation and amortization of 1,753,584 and 1,662,942, respectively
         4,911,878,000                                                            
      investment in real estate, net of accumulated depreciation and amortization of 1,709,669 and 1,662,942, respectively
          4,871,476,000                                                           
      investment in real estate, net of accumulated depreciation and amortization of 1,662,942 and 1,492,097, respectively
           4,777,374,000                                                          
      investment in real estate, net of accumulated depreciation and amortization of 1,629,340 and 1,492,097, respectively
            4,548,787,000                                                         
      investment in real estate, net of accumulated depreciation and amortization of 1,583,846 and 1,492,097, respectively
             4,580,117,000                                                        
      investment in real estate, net of accumulated depreciation and amortization of 1,537,998 and 1,492,097, respectively
              4,583,497,000                                                       
      investment in real estate, net of accumulated depreciation and amortization of 1,492,097 and 1,311,262, respectively
               4,610,962,000                                                      
      shareholders' equity
                                                                     
      total shareholders' equity
               3,178,395,000 3,252,996,000 3,221,626,000 3,179,107,000 3,147,321,000 3,128,114,000 3,094,323,000 3,001,765,000 3,029,347,000 3,075,004,000 3,112,959,000 3,194,804,000  3,326,936,000 3,352,068,000 3,367,027,000  3,552,462,000 3,557,237,000  3,503,949,000 3,507,572,000   2,625,569,000 2,628,606,000  2,713,722,000 2,746,364,000 2,983,973,000 3,014,624,000 3,056,662,000 3,083,046,000 3,103,561,000 1,311,811,000 1,292,994,000 1,312,919,000 1,326,374,000 1,346,133,000 1,369,049,000 1,386,868,000 1,542,773,000        499,580,000 389,740,000    
      total liabilities and shareholders' equity
               4,772,714,000 4,777,503,000 4,776,852,000 4,791,117,000 4,790,527,000 4,704,827,000 4,792,386,000 4,825,932,000 4,829,759,000 4,916,420,000 5,022,199,000 5,306,370,000  4,990,427,000 4,988,839,000 5,024,387,000  4,968,458,000 5,018,884,000  4,913,887,000 4,904,574,000   3,725,466,000 3,723,074,000  3,758,493,000 3,610,395,000 3,634,373,000 3,779,749,000 3,807,198,000 3,831,390,000 3,845,630,000 1,491,281,000 1,496,716,000 1,509,164,000 1,510,507,000 1,526,017,000 1,553,916,000 1,552,282,000 1,676,113,000        543,665,000 431,619,000    
      investment in real estate, net of accumulated depreciation and amortization of 1,446,221 and 1,311,262, respectively
                4,567,000,000                                                     
      investment in real estate, net of accumulated depreciation and amortization of 1,401,817 and 1,311,262, respectively
                 4,603,244,000                                                    
      investment in real estate, net of accumulated depreciation and amortization of 1,356,580 and 1,311,262, respectively
                  4,640,018,000                                                   
      investment in real estate, net of accumulated depreciation and amortization of 1,311,262 and 1,235,698, respectively
                   4,677,185,000                                                  
      accumulated other comprehensive loss
                   -15,508,000 -24,650,000 -28,076,000 -26,720,000 -42,802,000 -48,320,000 -51,059,000 -46,864,000            -9,991,000 -14,252,000 -8,751,000 -2,057,000 -6,163,000 -185,000 -785,000                         
      investment in real estate, net of accumulated depreciation and amortization of 1,266,122 and 1,235,698, respectively
                    4,541,424,000                                                 
      investment in real estate, net of accumulated depreciation and amortization of 1,228,937 and 1,235,698, respectively
                     4,459,866,000                                                
      investment in real estate, net of accumulated depreciation and amortization of 1,275,557 and 1,235,698, respectively
                      4,712,480,000                                               
      investment in real estate, net of accumulated depreciation and amortization of 1,235,698 and 1,054,429, respectively
                       4,732,896,000                                              
      investment in real estate, net of accumulated depreciation and amortization of 1,196,245 and 1,054,429, respectively
                        4,793,945,000                                             
      investment in real estate, net of accumulated depreciation and amortization of 1,146,325 and 1,054,429, respectively
                         4,776,032,000                                            
      investment in real estate, net of accumulated depreciation and amortization of 1,096,718 and 1,054,429, respectively
                          4,776,695,000                                           
      investment in real estate, net of accumulated depreciation and amortization of 1,054,429 and 909,893, respectively
                           4,825,738,000                                          
      investment in real estate, net of accumulated depreciation and amortization of 1,016,532 and 909,893, respectively
                            4,863,873,000                                         
      investment in real estate, net of accumulated depreciation and amortization of 971,738 and 909,893, respectively
                             4,858,103,000                                        
      investment in real estate, net of accumulated depreciation and amortization of 923,877 and 909,893, respectively
                              4,891,503,000                                       
      investment in real estate, net of accumulated depreciation of 909,893 and 731,284, respectively
                               4,816,410,000                                      
      investment in real estate, net of accumulated depreciation of 864,719 and 731,284, respectively
                                4,825,058,000                                     
      investment in real estate, net of accumulated depreciation of 818,794 and 731,284, respectively
                                 4,858,216,000                                    
      revolving credit facility
                                 218,400,000 170,700,000 216,700,000 301,300,000 366,600,000 302,100,000 155,600,000 171,900,000                             
      term loans
                                 656,860,000 656,569,000 655,988,000 571,461,000 571,197,000 570,670,000 470,411,000 421,647,000                             
      mortgage debt
                                 496,916,000 500,189,000 432,783,000 435,556,000 465,043,000 476,405,000 396,641,000 427,495,000 461,859,000 463,746,000 489,739,000 507,016,000 517,970,000 521,878,000 527,679,000 553,432,000                     
      preferred stock, authorized 30,000,000 shares; none issued and outstanding
                                                                     
      investment in real estate, net of accumulated depreciation of 775,894 and 731,284, respectively
                                  4,829,776,000                                   
      investment in real estate, net of accumulated depreciation of 686,787 and 557,597, respectively
                                   4,742,590,000                                  
      investment in real estate, net of accumulated depreciation of 644,718 and 557,597, respectively
                                    4,770,883,000                                 
      investment in real estate, net of accumulated depreciation of 601,055 and 557,597, respectively
                                     4,803,503,000                                
      investment in real estate, net of accumulated depreciation of 526,973 and 423,057, respectively
                                      4,894,216,000                               
      investment in real estate, net of accumulated depreciation of 489,860 and 423,057, respectively
                                       3,603,695,000                              
      investment in real estate, net of accumulated depreciation of 456,266 and 423,057, respectively
                                        3,627,296,000                             
      investment in real estate, net of accumulated depreciation of 423,057 and 296,559, respectively
                                         3,641,767,000                            
      credit facility
                                         536,244,000 500,500,000 309,800,000 100,000,000 191,600,000 175,000,000 176,800,000 150,500,000  22,000,000 17,800,000 6,700,000                 
      investment in real estate, net of accumulated depreciation of 390,065 and 296,559, respectively
                                          3,651,482,000                           
      investment in real estate, net of accumulated depreciation of 357,947 and 296,559, respectively
                                           3,499,689,000                          
      investment in real estate, net of accumulated depreciation of 327,243 and 296,559, respectively
                                            3,482,039,000                         
      investment in real estate, net of accumulated depreciation of 296,559 and 200,754, respectively
                                             3,492,821,000                        
      series a preferred stock, no par value, authorized 400,000,000 shares; terminated effective march 1, 2014; issued and outstanding 0 and 182,784,131 shares, respectively
                                                                 
      series b convertible preferred stock, no par value, authorized 480,000 shares; terminated effective march 1, 2014 upon conversion into common shares; issued and outstanding 0 and 480,000 shares, respectively
                                                                 
      investment in real estate, net of accumulated depreciation of 281,626 and 200,754, respectively
                                              3,692,339,000                       
      investment in real estate, net of accumulated depreciation of 250,761 and 200,754, respectively
                                               3,709,273,000                      
      investment in real estate, net of accumulated depreciation of 220,237 and 200,754, respectively
                                                3,722,261,000                     
      investment in real estate, net of accumulated depreciation of 200,754 and 145,927, respectively
                                                 1,443,498,000                    
      note receivable
                                                 17,675,000 19,250,000 20,825,000 22,375,000 23,622,000 25,471,000              
      notes payable
                                                 162,551,000 163,635,000 164,682,000 165,715,000 166,783,000 169,526,000 152,602,000 123,359,000 124,880,000 125,608,000 104,407,000 85,852,000 58,059,000 58,367,000 58,998,000 42,682,000 38,647,000    
      accounts payable and accrued expenses
                                                 16,919,000 18,087,000 13,763,000 11,718,000 13,101,000 15,341,000 12,812,000 9,981,000 13,828,000 11,616,000 12,478,000 9,730,000 6,142,000 3,232,000 6,414,000 1,403,000 3,232,000 312,000 51,000  
      series a preferred stock, no par value, authorized 400,000,000 shares; issued and outstanding 182,784,131 and 182,619,400 shares, respectively
                                                                  
      series b convertible preferred stock, no par value, authorized 480,000 shares; issued and outstanding 480,000 shares
                                                 48,000 48,000 48,000 48,000 48,000 48,000 48,000           48,000 48,000 48,000 
      investment in real estate, net of accumulated depreciation of 186,792 and 145,927, respectively
                                                  1,443,024,000                   
      investment in real estate, net of accumulated depreciation of 173,060 and 145,927, respectively
                                                   1,451,132,000                  
      investment in real estate, net of accumulated depreciation of 159,427 and 145,927, respectively
                                                    1,453,102,000                 
      series a preferred stock, no par value, authorized 400,000,000 shares; issued and outstanding 182,723,665 and 182,619,400 shares, respectively
                                                                    
      investment in real estate, net of accumulated depreciation of 145,927 and 93,179, respectively
                                                     1,463,894,000                
      real estate held for sale
                                                     160,084,000 157,020,000            
      series a preferred stock, no par value, authorized 400,000,000 shares; issued and outstanding 182,619,400 and 182,883,617 shares, respectively
                                                                    
      investment in real estate, net of accumulated depreciation of 132,517 and 93,179, respectively
                                                      1,474,335,000               
      series a preferred stock, no par value, authorized 400,000,000 shares; issued and outstanding 182,474,374 and 182,883,617 shares, respectively
                                                                    
      investment in real estate, net of accumulated depreciation of 119,188 and 93,179, respectively
                                                       1,480,164,000              
      series a preferred stock, no par value, authorized 400,000,000 shares; issued and outstanding 182,305,158 and 182,883,617 shares, respectively
                                                                    
      investment in real estate, net of accumulated depreciation of 106,022 and 93,179, respectively
                                                        1,472,385,000             
      series a preferred stock, no par value, authorized 400,000,000 shares; issued and outstanding 182,597,258 and 182,883,617 shares, respectively
                                                                    
      series b convertible preferred stock, no par value, authorized 480,000 shares; issued and outstanding 480,000 shares, respectively
                                                        48,000 48,000 48,000 48,000 48,000 48,000 48,000 48,000 48,000 48,000    
      investment in real estate, net of accumulated depreciation of 80,550 and 48,962, respectively
                                                         1,454,865,000            
      straight-line rent receivable
                                                         13,814,000 12,268,000          
      series a preferred stock, no par value, authorized 400,000,000 shares; issued and outstanding 183,114,246 and 181,272,669 shares, respectively
                                                                    
      investment in real estate, net of accumulated depreciation of 73,638 and 48,962, respectively
                                                          1,608,347,000           
      series a preferred stock, no par value, authorized 400,000,000 shares; issued and outstanding 183,268,472 and 181,272,669 shares, respectively
                                                                    
      investment in real estate, net of accumulated depreciation of 60,860 and 48,962, respectively
                                                           1,543,346,000          
      series a preferred stock, no par value, authorized 400,000,000 shares; issued and outstanding 182,172,059 and 181,272,669 shares, respectively
                                                                     
      investment in real estate, net of accumulated depreciation of 38,696 and 18,213, respectively
                                                            1,086,795,000         
      series a preferred stock, no par value, authorized 400,000,000 shares; issued and outstanding 158,905,339 and 98,509,650 shares, respectively
                                                                     
      investment in real estate, net of accumulated depreciation of 30,762 and 18,213, respectively
                                                             907,610,000        
      series a preferred stock, no par value, authorized 400,000,000 shares; issued and outstanding 134,356,683 and 98,509,650 shares, respectively
                                                                     
      investment in real estate, net of accumulated depreciation of 23,911 and 18,213, respectively
                                                              774,470,000       
      series a preferred stock, no par value, authorized 400,000,000 shares; issued and outstanding 114,848,474 and 98,509,650 shares, respectively
                                                                     
      investment in real estate, net of accumulated depreciation of 12,055 and 2,277, respectively
                                                               686,620,000      
      series a preferred stock, no par value, authorized 400,000,000 shares; issued and outstanding 80,754,695 and 41,013,517 shares, respectively
                                                                     
      investment in real estate, net of accumulated depreciation of 4,929 and 2,277, respectively
                                                                373,355,000     
      series a preferred stock, no par value, authorized 400,000,000 shares; issued and outstanding 52,970,136 and 41,013,517 shares, respectively
                                                                     
      investment in real estate, net of accumulated depreciation of 2,277 and -, respectively
                                                                 346,423,000    
      series a preferred stock, no par value, authorized 400,000,000 shares; issued and outstanding 41,013,517 and 10 shares, respectively
                                                                     
      investment in real estate, net of accumulated depreciation of 267 and -
                                                                  60,675,000   
      liabilities and shareholders’ equity
                                                                     
      note payable
                                                                    200,500 
      series a preferred stock, no par value, authorized 400,000,000 shares; issued and outstanding 27,232,724 and 10 shares
                                                                     
      cash
                                                                   162,579,000 9,618 
      series a preferred stock, no par value, authorized 400,000,000 shares; issued and outstanding 17,004,557 and 10 shares
                                                                     
      prepaid offering costs
                                                                    494,880 
      accrued expenses
                                                                    292,586 
      series a preferred stock, no par value, authorized 400,000,000 shares; issued and outstanding 10 shares
                                                                     
      retained deficit
                                                                    -36,698 
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.