Quarterly report pursuant to Section 13 or 15(d)

Commitments and Contingencies (Tables)

v3.20.2
Commitments and Contingencies (Tables)
 9 Months Ended
Sep. 30, 2020
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Operating Lease Obligations
In connection with the execution of certain lease agreements, we have committed to provide capital improvements on certain of our farms, which are summarized in the table below (dollars in thousands):
Farm
Location		 Farm
Acreage		 Total
Commitment
Obligated
Completion
Date(1)
Amount Expended
or Accrued as of
September 30, 2020
Hillsborough, FL 55 $ 2,250 
(2)
 Q2 2021 $ 989 
Wicomico & Caroline, MD, and Sussex, DE 833 505  Q3 2021 36 
Van Buren, MI 89 150  Q4 2021 126 
Napa, CA 270 1,548 
(2)
 Q3 2023 — 
Santa Barbara, CA 271 4,000 
(2)
 Q3 2024 2,267 
Columbia, OR 157 1,800 
(2)
 Q3 2024 1,146 
Collier & Hendry, FL 3,612 2,000 
(2)
 Q2 2025 — 
Monterey, CA 304 1,248  Q4 2025 880 
(1)Our obligation to provide capital to fund these improvements does not extend beyond these respective dates.
(2)Pursuant to contractual agreements, we will earn additional rent on the cost of these capital improvements as the funds are disbursed by us.