Quarterly report [Sections 13 or 15(d)]

REAL ESTATE AND INTANGIBLE ASSETS - Schedule of Components of Investments in Real Estate (Details)

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REAL ESTATE AND INTANGIBLE ASSETS - Schedule of Components of Investments in Real Estate (Details) - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Real estate:    
Land and land improvements $ 716,878 $ 717,407
Permanent plantings 345,021 345,508
Irrigation and drainage systems 170,035 170,294
Farm-related facilities 48,997 48,789
Other site improvements 15,044 15,015
Real estate, at cost 1,295,975 1,297,013
Accumulated depreciation (208,264) (198,261)
Total real estate, net $ 1,087,711 $ 1,098,752