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 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 
      
    		                      
      assets
    		                      
      real estate properties
    		1,691,214,000 1,685,321,000 1,480,793,000 1,418,305,000 1,393,892,000 1,548,517,000 1,551,254,000 1,567,866,000 1,570,624,000 1,571,334,000 1,555,846,000 1,538,416,000 1,501,917,000 1,442,651,000 1,254,007,000 1,062,748,000 960,620,000 940,759,000 886,681,000 786,425,000 738,024,000 737,150,000 
      less accumulated depreciation
    		-309,357,000 -291,874,000  -261,608,000  -292,454,000 -277,253,000 -268,046,000 -254,402,000 -239,306,000 -205,629,000 -189,170,000 -172,678,000 -156,585,000 -142,192,000 -129,910,000 -118,523,000 -108,344,000 -98,283,000 -89,059,000 -80,452,000 -71,963,000 
      cash
    		15,824,000 11,399,000 19,126,000 17,546,000 21,383,000 23,548,000 16,812,000 14,493,000 12,034,000 19,010,000 11,003,000 16,341,000 16,566,000 25,610,000 26,232,000 63,712,000 13,229,000 12,687,000 15,668,000 15,352,000 13,975,000 30,371,000 
      cash held in escrow
    		1,990,000 1,821,000 818,000 1,964,000 4,780,000 5,598,000 3,222,000 4,716,000 11,143,000 12,498,000 13,376,000 13,156,000 13,055,000 10,522,000 11,893,000 10,488,000 11,666,000 10,788,000 11,939,000 10,026,000 11,444,000 8,902,000 
      restricted cash
    		24,158,000 24,255,000 23,578,000 24,117,000 7,393,000 6,983,000 7,203,000 6,995,000 7,095,000 7,009,000 6,834,000 6,756,000 6,445,000 6,137,000 5,249,000 4,743,000 4,419,000 4,688,000 4,447,000 4,265,000 3,827,000 2,465,000 
      investment in unconsolidated joint ventures
    		39,696,000 47,107,000 54,329,000 62,377,000                   
      deferred lease intangibles
    		52,570,000 54,509,000 44,711,000 41,677,000 44,458,000 42,434,000 46,396,000 51,474,000 56,316,000 60,304,000 70,718,000 76,674,000 82,771,000 84,978,000 75,864,000 68,703,000 64,510,000 68,922,000 66,116,000 58,693,000 57,328,000 62,253,000 
      other assets
    		46,204,000 40,909,000 41,167,000 42,622,000 49,256,000 40,445,000 39,670,000 42,734,000 39,585,000 38,631,000 39,055,000 36,566,000 35,485,000 34,850,000 33,919,000 35,948,000 27,721,000 25,919,000 27,019,000 21,122,000 20,501,000 22,091,000 
      interest rate swaps
    		8,178,000 10,295,000 13,157,000 17,760,000 13,237,000 25,328,000 26,382,000 21,667,000 34,115,000 31,180,000 30,115,000 32,404,000 15,928,000 10,068,000         
      forward contract asset
    		  5,185,000 3,658,000 9,116,000                  
      total assets
    		1,570,477,000 1,583,742,000 1,406,264,000 1,368,418,000 1,496,411,000 1,421,795,000 1,435,145,000 1,441,899,000 1,476,510,000 1,500,660,000 1,521,318,000 1,531,143,000 1,499,489,000 1,458,231,000 1,270,805,000 1,122,440,000 969,828,000 961,829,000 920,270,000 806,824,000 764,647,000 791,269,000 
      liabilities, redeemable non-controlling interest and equity
    		                      
      liabilities:
    		                      
      secured debt
    		173,727,000 174,485,000 175,236,000 175,980,000 176,717,000 262,834,000 265,619,000 266,887,000 377,714,000 386,191,000 389,531,000 390,944,000 392,315,000 393,580,000 352,075,000 336,225,000 326,585,000 327,752,000 328,908,000 411,003,000 397,150,000 398,272,000 
      unsecured debt
    		448,297,000 448,102,000 447,935,000 447,741,000 448,465,000 448,326,000 448,158,000 447,990,000 447,823,000 447,655,000 447,345,000 447,182,000 447,126,000 297,850,000 297,840,000 247,729,000 99,333,000 99,293,000 99,254,000    
      borrowings under line of credit
    		221,900,000 214,200,000 84,500,000 20,000,000 196,400,000 155,400,000 155,400,000 155,400,000 65,000,000 87,500,000 77,500,000 67,500,000 40,500,000 169,000,000 38,000,000  68,000,000 98,000,000 90,000,000  70,100,000 99,100,000 
      accounts payable, accrued expenses and other liabilities
    		90,472,000 82,785,000 78,739,000 83,827,000 83,397,000 67,492,000 68,049,000 73,904,000 75,112,000 70,492,000 72,551,000 74,701,000 70,841,000 64,154,000 66,880,000 61,074,000 55,284,000 52,037,000 49,335,000 45,491,000 42,598,000 42,541,000 
      warrant liability
    		62,069,000 32,502,000 33,090,000 45,908,000 73,335,000                  
      embedded derivative liability - series c preferred units
    		11,793,000                      
      financing lease liability
    		2,305,000 2,302,000 2,299,000 2,297,000 2,290,000 2,284,000 2,278,000 2,271,000 2,265,000 2,260,000 2,248,000 2,243,000 2,237,000 2,232,000 2,227,000 2,221,000 2,216,000 2,212,000 2,207,000    
      total liabilities
    		1,017,502,000 962,161,000 827,321,000 781,299,000 1,054,766,000 941,475,000 945,283,000 953,657,000 974,518,000 1,001,277,000 998,093,000 992,182,000 963,356,000 937,743,000 767,295,000 656,928,000 561,343,000 590,122,000 581,054,000 465,554,000 517,736,000 548,436,000 
      commitments and contingencies
    		                      
      redeemable non-controlling interest - series c preferred units, 500,000 units authorized,
    		77,694,000 76,123,000 1,737,000 1,259,000 426,000                  
      equity:
    		                      
      common stock
    		446,000 448,000 456,000 454,000 454,000 454,000 453,000 452,000 452,000 431,000 428,000 428,000 401,000 370,000 361,000 343,000 310,000 283,000 253,000 247,000 159,000 148,000 
      additional paid in capital
    		559,446,000 572,496,000 594,989,000 604,839,000 614,716,000 624,810,000 634,651,000 644,938,000 654,346,000 616,414,000 635,068,000 644,447,000 604,013,000 542,523,000 532,666,000 492,003,000 434,161,000 394,523,000 360,752,000 364,560,000 265,774,000 258,404,000 
      accumulated deficit
    		-97,870,000 -43,507,000 -37,412,000 -43,262,000 -190,675,000 -175,074,000 -176,388,000 -182,606,000 -191,882,000 -200,147,000 -194,243,000 -190,728,000 -186,101,000 -181,668,000 -177,258,000 -172,671,000 -169,079,000 -165,169,000 -162,250,000 -159,739,000 -156,106,000 -152,430,000 
      accumulated other comprehensive income
    		8,039,000 10,133,000 12,964,000 17,517,000 11,969,000 24,998,000 25,859,000 20,233,000 33,695,000 30,792,000 29,739,000 32,002,000 15,720,000 9,933,000         
      total stockholders' equity
    		470,061,000 539,570,000 570,997,000 579,548,000 436,464,000 475,188,000 484,575,000 483,017,000 496,611,000 447,490,000 470,992,000 486,149,000 434,033,000 371,158,000 355,769,000 319,675,000 265,392,000 229,637,000 198,755,000 205,068,000 109,827,000 106,122,000 
      non-controlling interest
    		5,220,000 5,888,000 6,209,000 6,312,000 4,755,000 5,132,000 5,287,000 5,225,000 5,381,000 5,090,000 5,389,000 5,563,000 5,302,000 4,920,000 4,831,000 4,734,000 3,797,000 4,581,000 4,767,000 1,979,000 4,715,000 6,196,000 
      total equity
    		475,281,000 545,458,000 577,206,000 585,860,000 441,219,000 480,320,000 489,862,000 488,242,000 501,992,000 452,580,000 476,381,000 491,712,000 439,335,000 376,078,000 360,600,000 324,409,000 269,189,000 234,218,000 203,522,000 207,047,000 114,542,000 112,318,000 
      total liabilities, redeemable non-controlling interest and equity
    		1,570,477,000 1,583,742,000 1,406,264,000 1,368,418,000 1,496,411,000                  
      less: accumulated depreciation
    		  -276,600,000  -246,652,000                  
      real estate assets held for sale
    		    199,548,000                  
      real estate liabilities held for sale
    		    67,982,000                  
      net investment in sales-type lease
    		     21,396,000 21,459,000                
      liabilities and equity
    		                      
      total liabilities and equity
    		     1,421,795,000 1,435,145,000                
      liabilities, preferred stock and equity
    		                      
      preferred stock, par value 0.01 per share, 100,000,000 shares authorized,
    		                      
      series a: 0 and 1,955,513 shares issued and outstanding at december 31, 2023 and 2022, respectively
    		                      
      total liabilities, preferred stock and equity
    		       1,441,899,000 1,476,510,000 1,500,660,000 1,521,318,000 1,531,143,000 1,499,489,000 1,458,231,000 1,270,805,000 1,122,440,000 969,828,000 961,829,000 920,270,000 806,824,000 764,647,000 791,269,000 
      series a: 0 and 1,955,513 shares issued and outstanding at september 30, 2023 and december 31, 2022, respectively
    		                      
      series a: 1,953,783 and 1,955,513 shares issued and outstanding at june 30, 2023 and december 31, 2022, respectively
    		         46,803,000             
      investment in unconsolidated joint venture
    		              5,833,000 6,008,000 6,186,000 6,410,000 6,683,000    
      series a: 1,955,513 and 2,023,551 shares issued and outstanding at december 31, 2022 and 2021, respectively
    		          46,844,000            
      series b: 0 and 4,411,764 shares issued and outstanding at december 31, 2022 and 2021, respectively
    		                      
      series a: 1,972,427 and 2,023,551 shares issued and outstanding at september 30, 2022 and december 31, 2021, respectively
    		           47,249,000           
      series b: 0 and 4,411,764 shares issued and outstanding at september 30, 2022 and december 31, 2021, respectively
    		                      
      series a: 2,007,170 and 2,023,551 shares issued and outstanding at june 30, 2022 and december 31, 2021, respectively
    		            48,081,000          
      series b: 2,205,882 and 4,411,764 shares issued and outstanding at june 30, 2022 and december 31, 2021, respectively
    		            48,717,000          
      series a: 2,023,551 and 2,023,551 shares issued and outstanding at march 31, 2022 and december 31, 2021, respectively
    		             48,473,000         
      series b: 4,411,764 shares issued and outstanding at march 31, 2022 and december 31, 2021,
    		             95,937,000         
      series a; 2,023,551 and 2,023,999 shares issued and outstanding at december 31, 2021 and 2020, respectively
    		              48,473,000        
      series b; 4,411,764 shares issued and outstanding at december 31, 2021 and 2020
    		              94,437,000        
      series a: 2,023,551 and 2,023,999 shares issued and outstanding at september 30, 2021 and december 31, 2020, respectively
    		               48,473,000       
      series b: 4,411,764 shares issued and outstanding at september 30, 2021 and december 31, 2020,
    		               92,630,000       
      series a: 2,023,551 and 2,023,999 shares issued and outstanding at june 30, 2021 and december 31, 2020, respectively
    		                48,473,000      
      series b: 4,411,764 shares issued and outstanding at june 30, 2021 and december 31, 2020,
    		                90,823,000      
      series a: 2,023,551 and 2,023,999 shares issued and outstanding at march 31, 2021 and december 31, 2020, respectively
    		                 48,473,000     
      series b: 4,411,764 shares issued and outstanding at march 31, 2021 and december 31, 2020,
    		                 89,016,000     
      series a; 2,023,999 and 2,040,000 shares issued and outstanding at december 31, 2020 and 2019, respectively
    		                  48,485,000    
      series b; 4,411,764 shares issued and outstanding at december 31, 2020 and 2019
    		                  87,209,000    
      series a: 2,040,000 shares issued and outstanding at september 30, 2020 and december 31, 2019
    		                   48,868,000   
      series b: 4,411,764 shares issued and outstanding at september 30, 2020 and december 31, 2019,
    		                   85,355,000   
      series a: 2,040,000 shares issued and outstanding at june 30, 2020 and december 31, 2019
    		                    48,868,000  
      series b: 4,411,764 shares issued and outstanding at june 30, 2020 and december 31, 2019,
    		                    83,501,000  
      series a: 2,040,000 shares issued and outstanding at march 31, 2020 and december 31, 2019
    		                     48,868,000 
      series b: 4,411,764 shares issued and outstanding at march 31, 2020 and december 31, 2019,
    		                     81,647,000 
    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.