Quarterly report pursuant to Section 13 or 15(d)

REAL ESTATE AND INTANGIBLE ASSETS - Schedule of Acquisitions (Details)

v3.21.2
REAL ESTATE AND INTANGIBLE ASSETS - Schedule of Acquisitions (Details)
$ in Thousands
9 Months Ended
Aug. 23, 2021
USD ($)
Jun. 25, 2021
USD ($)
Sep. 03, 2020
USD ($)
Sep. 30, 2021
USD ($)
a
farm
option
Sep. 30, 2020
USD ($)
a
farm
option
Aug. 20, 2021
a
Jun. 09, 2021
a
Jun. 04, 2021
a
Real Estate Properties [Line Items]                
Total Acres | a       106,798        
No. of Farms | farm       158        
Kern, CA | Almena Drive                
Real Estate Properties [Line Items]                
Area of water | a             25,330  
Kern, CA | Maricopa Highway                
Real Estate Properties [Line Items]                
Number of Renewal Options | option       3        
Term of Renewal       5 years        
Kern, CA | Lerdo Highway (Phase II)                
Real Estate Properties [Line Items]                
Number of Renewal Options | option       3        
Term of Renewal       10 years        
Yamhill, OR | Wallace Road                
Real Estate Properties [Line Items]                
Number of Renewal Options | option       3        
Term of Renewal       5 years        
St. Lucie, FL                
Real Estate Properties [Line Items]                
Total Acres | a       549        
2021 Acquisitions                
Real Estate Properties [Line Items]                
Total Acres | a       5,719        
No. of Farms | farm       21        
Total Purchase Price       $ 147,652        
Acquisition Costs       813        
Annualized Straight-line Rent       8,853        
External legal fees expensed       $ 50        
2021 Acquisitions | Dorchester, MD | Palmer Mill Road                
Real Estate Properties [Line Items]                
Total Acres | a       228        
No. of Farms | farm       2        
Lease Term       10 years        
Number of Renewal Options | option       2        
Term of Renewal       5 years        
Total Purchase Price       $ 1,600        
Acquisition Costs       56        
Annualized Straight-line Rent       $ 89        
2021 Acquisitions | San Joaquin, CA | Eight Mile Road – Port Facility                
Real Estate Properties [Line Items]                
Total Acres | a       5        
No. of Farms | farm       1        
Lease Term       9 years 9 months 18 days        
Number of Renewal Options | option       3        
Term of Renewal       5 years        
Total Purchase Price       $ 3,977        
Acquisition Costs       50        
Annualized Straight-line Rent       $ 189        
2021 Acquisitions | Tehama, CA | South Avenue                
Real Estate Properties [Line Items]                
Total Acres | a       2,285        
No. of Farms | farm       1        
Lease Term       14 years 8 months 12 days        
Number of Renewal Options | option       1        
Term of Renewal       5 years        
Total Purchase Price       $ 37,800        
Acquisition Costs       149        
Annualized Straight-line Rent       $ 2,555        
2021 Acquisitions | Atlantic, NJ | Richards Avenue                
Real Estate Properties [Line Items]                
Total Acres | a       116        
No. of Farms | farm       3        
Lease Term       14 years 10 months 24 days        
Number of Renewal Options | option       2        
Term of Renewal       5 years        
Total Purchase Price       $ 2,150        
Acquisition Costs       63        
Annualized Straight-line Rent       $ 129        
2021 Acquisitions | Kern, CA | Lerdo Highway                
Real Estate Properties [Line Items]                
Total Acres | a       639        
No. of Farms | farm       1        
Lease Term       10 years 4 months 24 days        
Number of Renewal Options | option       3        
Term of Renewal       10 years        
Total Purchase Price   $ 1,200   $ 26,492        
Acquisition Costs       111        
Annualized Straight-line Rent       $ 974        
Area of water | a               20,330
2021 Acquisitions | Kern, CA | Maricopa Highway                
Real Estate Properties [Line Items]                
Total Acres | a       277        
No. of Farms | farm       1        
Lease Term       14 years 10 months 24 days        
Total Purchase Price       $ 30,000        
Acquisition Costs       63        
Annualized Straight-line Rent       $ 2,262        
2021 Acquisitions | Kern, CA | Lerdo Highway (Phase II)                
Real Estate Properties [Line Items]                
Total Acres | a       479        
No. of Farms | farm       1        
Lease Term       10 years 2 months 12 days        
Total Purchase Price $ 306     $ 14,772        
Acquisition Costs       53        
Annualized Straight-line Rent       $ 735        
Area of water | a           5,000    
2021 Acquisitions | Van Buren & Eaton, MI | Almena Drive                
Real Estate Properties [Line Items]                
Total Acres | a       930        
No. of Farms | farm       8        
Lease Term       14 years 8 months 12 days        
Number of Renewal Options | option       2        
Term of Renewal       5 years        
Total Purchase Price       $ 13,300        
Acquisition Costs       49        
Annualized Straight-line Rent       $ 785        
2021 Acquisitions | Yamhill, OR | Wallace Road                
Real Estate Properties [Line Items]                
Total Acres | a       143        
No. of Farms | farm       1        
Lease Term       10 years 1 month 6 days        
Total Purchase Price       $ 12,320        
Acquisition Costs       39        
Annualized Straight-line Rent       $ 768        
2021 Acquisitions | St. Lucie, FL | West Orange                
Real Estate Properties [Line Items]                
Total Acres | a       617        
No. of Farms | farm       2        
Lease Term       12 years        
Total Purchase Price       $ 5,241        
Acquisition Costs       180        
Annualized Straight-line Rent       367        
2020 Acquisitions                
Real Estate Properties [Line Items]                
Total Acres | a         6,066      
No. of Farms | farm         12      
Total Purchase Price         $ 64,348      
Acquisition Costs         491      
Annualized Straight-line Rent         3,571      
External legal fees expensed         $ 38      
2020 Acquisitions | Kern, CA | Driver Road                
Real Estate Properties [Line Items]                
Total Acres | a         590      
No. of Farms | farm         1      
Lease Term         4 years 8 months 12 days      
Number of Renewal Options | option         2      
Term of Renewal         10 years      
Total Purchase Price       14,169        
Acquisition Costs       52        
Annualized Straight-line Rent       $ 784        
Initial term of contract       14 years 8 months 12 days        
Number of termination options | option       6        
2020 Acquisitions | Phillips, CO | County Road 18                
Real Estate Properties [Line Items]                
Total Acres | a         1,325      
No. of Farms | farm         2      
Lease Term         6 years      
Total Purchase Price       $ 7,500        
Acquisition Costs       39        
Annualized Straight-line Rent       417        
2020 Acquisitions | Chase, NE | Lamar Valley                
Real Estate Properties [Line Items]                
Total Acres | a         678      
No. of Farms | farm         1      
Lease Term         6 years 8 months 12 days      
Number of Renewal Options | option         2      
Term of Renewal         5 years      
Total Purchase Price       3,500        
Acquisition Costs       43        
Annualized Straight-line Rent       204        
2020 Acquisitions | Wicomico & Caroline, MD, and Sussex, DE | Mt. Hermon                
Real Estate Properties [Line Items]                
Total Acres | a         939      
No. of Farms | farm         5      
Lease Term         10 years      
Number of Renewal Options | option         2      
Term of Renewal         5 years      
Total Purchase Price       7,346        
Acquisition Costs       226        
Annualized Straight-line Rent       432        
2020 Acquisitions | Fresno, CA | Firestone Avenue                
Real Estate Properties [Line Items]                
Total Acres | a         2,534      
No. of Farms | farm         3      
Lease Term         1 year 2 months 12 days      
Number of Renewal Options | option         2      
Term of Renewal         5 years      
Total Purchase Price       31,833        
Acquisition Costs       131        
Annualized Straight-line Rent       $ 1,734        
Initial term of contract       8 years 2 months 12 days        
2020 Acquisitions | Fresno, CA | Firestone Avenue | Firestone Avenue                
Real Estate Properties [Line Items]                
LLC ownership     12.50%          
LLC ownership value     $ 280