Consolidated Balance Sheets - USD ($)	Jun. 30, 2026	Dec. 31, 2025
Rental Property:
Land	$ 848,814,000	$ 811,569,000
Buildings and improvements, net of accumulated depreciation of $1,213,281 and $1,119,931, respectively	5,818,778,000	5,593,471,000
Deferred leasing intangibles, net of accumulated amortization of $458,083 and $425,502, respectively	401,767,000	394,967,000
Total rental property, net	7,069,359,000	6,800,007,000
Cash and cash equivalents	65,886,000	14,910,000
Restricted cash	670,000	85,973,000
Tenant accounts receivable	161,064,000	156,458,000
Prepaid expenses and other assets	115,064,000	104,484,000
Interest rate swaps	19,191,000	13,529,000
Operating lease right-of-use assets	31,596,000	32,708,000
Assets held for sale, net	14,165,000	0
Total assets	7,476,995,000	7,208,069,000
Liabilities:
Unsecured credit facility	449,000,000	262,000,000
Unsecured term loans, net	1,021,854,000	1,021,341,000
Unsecured notes, net	1,967,768,000	1,966,994,000
Mortgage note, net	3,870,000	3,980,000
Accounts payable, accrued expenses and other liabilities	129,600,000	135,397,000
Interest rate swaps	2,000	1,310,000
Tenant prepaid rent and security deposits	59,754,000	59,225,000
Dividends and distributions payable	76,239,000	24,187,000
Deferred leasing intangibles, net of accumulated amortization of $34,309 and $34,098, respectively	23,616,000	25,566,000
Operating lease liabilities	36,037,000	37,040,000
Total liabilities	3,767,740,000	3,537,040,000
Commitments and contingencies (Note 11)
Preferred Stock, Number of Shares, Par Value and Other Disclosures [Abstract]
Preferred stock	0	0
Common stock, par value $0.01 per share, 300,000,000 shares authorized at June 30, 2026 and December 31, 2025, 192,803,274 and 191,005,261 shares issued and outstanding at June 30, 2026 and December 31, 2025, respectively	1,928,000	1,910,000
Additional paid-in capital	4,679,282,000	4,616,888,000
Cumulative dividends in excess of earnings	(1,068,884,000)	(1,034,954,000)
Accumulated other comprehensive income	18,690,000	11,853,000
Total stockholders’ equity	3,631,016,000	3,595,697,000
Noncontrolling interest in operating partnership	74,249,000	71,342,000
Noncontrolling interest in joint ventures	3,990,000	3,990,000
Total equity	3,709,255,000	3,671,029,000
Total liabilities and equity	$ 7,476,995,000	$ 7,208,069,000

STAG Industrial, Inc. 10-Q