Quarterly report pursuant to Section 13 or 15(d)

Real Estate and Intangible Assets - Schedule of Acquisitions (Details)

v3.20.2
Real Estate and Intangible Assets - Schedule of Acquisitions (Details)
1 Months Ended 3 Months Ended 9 Months Ended
Sep. 03, 2020
USD ($)
Jun. 05, 2020
termination_option
Feb. 25, 2020
USD ($)
a
Aug. 29, 2019
USD ($)
Aug. 28, 2019
USD ($)
lease
tenant
Aug. 16, 2019
USD ($)
Jul. 22, 2019
USD ($)
Jul. 11, 2019
USD ($)
option
Jul. 31, 2020
tenant
May 31, 2020
USD ($)
Sep. 30, 2019
USD ($)
a
option
Sep. 30, 2020
USD ($)
a
option
farm
tenant
Sep. 30, 2019
USD ($)
a
farm
option
Apr. 30, 2020
a
Real Estate Properties [Line Items]                            
Total Acres | a                     81,586 92,601 81,586  
No. of Farms | farm                       123 105  
New Long-term Debt                       $ 506,732,000    
LLC ownership, percentage                       37.50%    
Number of OP Units Issued                     $ 288,303   $ 288,303  
Fair value of preferred stock                     $ 3,290,000   $ 3,290,000  
Number of tenants | tenant                 2     73    
Van Buren, MI                            
Real Estate Properties [Line Items]                            
Total Acres | a                       89    
Total commitment                       $ 150,000    
Monterey, CA                            
Real Estate Properties [Line Items]                            
Total Acres | a                       304    
Total commitment                       $ 1,248,000    
Napa, CA                            
Real Estate Properties [Line Items]                            
Total Acres | a                       270    
Total commitment                       $ 1,548,000    
Napa, CA | Withers Road                            
Real Estate Properties [Line Items]                            
Total Acres | a     47                     38.7
Total Annualized Straight-line Rent                   $ 335,000        
Additional compensation payments     $ 40,000 $ 4,000,000.0           $ 3,200,000        
2020 Acquisitions                            
Real Estate Properties [Line Items]                            
Total Acres | a                       6,066    
No. of Farms | farm                       12    
Total Purchase Price                       $ 64,348,000    
Acquisition Costs                       418,000    
Total Annualized Straight-line Rent                       3,571,000    
New Long-term Debt                       19,581,000    
External legal fees expensed                       $ 38,000    
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                       $ 7,500,000    
Acquisition Costs                       39,000    
Total Annualized Straight-line Rent                       417,000    
New Long-term Debt                       $ 4,500,000    
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                       $ 3,500,000    
Acquisition Costs                       42,000    
Total Annualized Straight-line Rent                       204,000    
New Long-term Debt                       $ 2,100,000    
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                       $ 14,169,000    
Acquisition Costs                       52,000    
Total Annualized Straight-line Rent                       784,000    
New Long-term Debt                       $ 8,500,000    
Lease term through first available termination option   14 years 8 months 12 days                        
Number of termination options | termination_option   6                        
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                       $ 7,346,000    
Acquisition Costs                       211,000    
Total Annualized Straight-line Rent                       432,000    
New Long-term Debt                       $ 4,481,000    
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                       $ 31,833,000    
Acquisition Costs                       74,000    
Total Annualized Straight-line Rent                       1,734,000    
New Long-term Debt                       $ 0    
Lease term through first available termination option 8 years 2 months 12 days                          
2020 Acquisitions | Fresno, CA | Firestone Avenue | Firestone Avenue                            
Real Estate Properties [Line Items]                            
LLC ownership, percentage 12.50%                          
LLC ownership, value $ 280,000                          
2019 Acquisitions                            
Real Estate Properties [Line Items]                            
Total Acres | a                     8,381   8,381  
No. of Farms | farm                         20  
Total Purchase Price                         $ 201,032,000  
Acquisition Costs                         1,223,000  
Total Annualized Straight-line Rent                         13,040,000  
New Long-term Debt                     $ 120,399,000   120,399,000  
External legal fees expensed                         $ 63,000  
2019 Acquisitions | Fresno, CA | Sutter Avenue                            
Real Estate Properties [Line Items]                            
Total Acres | a                     1,011   1,011  
No. of Farms | farm                         1  
Lease Term                     8 years 2 months 12 days   8 years 2 months 12 days  
Number of Renewal Options | option                     2   2  
Term of Renewal                     5 years   5 years  
Total Purchase Price                         $ 33,000,000  
Acquisition Costs                         146,000  
Total Annualized Straight-line Rent                         2,106,000  
New Long-term Debt                     $ 16,500,000   $ 16,500,000  
2019 Acquisitions | Fresno, CA | Sutter Avenue | Sutter Avenue                            
Real Estate Properties [Line Items]                            
LLC ownership, percentage           11.75%                
LLC ownership, value           $ 280,000                
2019 Acquisitions | Lincoln, NE | Somerset Road                            
Real Estate Properties [Line Items]                            
Total Acres | a                     695   695  
No. of Farms | farm                         1  
Lease Term                     4 years 10 months 24 days   4 years 10 months 24 days  
Number of Renewal Options | option                     1   1  
Term of Renewal                     5 years   5 years  
Total Purchase Price                         $ 2,400,000  
Acquisition Costs                         33,000  
Total Annualized Straight-line Rent                         126,000  
New Long-term Debt                     $ 1,440,000   $ 1,440,000  
2019 Acquisitions | Madera, CA | Greenhills Boulevard(3)                            
Real Estate Properties [Line Items]                            
Total Acres | a                     928   928  
No. of Farms | farm                         1  
Lease Term                     10 years 7 months 6 days   10 years 7 months 6 days  
Number of Renewal Options | option                     2   2  
Term of Renewal                     5 years   5 years  
Total Purchase Price                         $ 28,550,000  
Acquisition Costs                         141,000  
Total Annualized Straight-line Rent                         1,721,000  
New Long-term Debt                     $ 17,130,000   $ 17,130,000  
2019 Acquisitions | Van Buren, MI | Van Buren Trail                            
Real Estate Properties [Line Items]                            
Total Acres | a                     159   159  
No. of Farms | farm                         2  
Lease Term                     10 years 7 months 6 days   10 years 7 months 6 days  
Number of Renewal Options | option                     2   2  
Term of Renewal                     5 years   5 years  
Total Purchase Price                         $ 2,682,000  
Acquisition Costs                         26,000  
Total Annualized Straight-line Rent                         206,000  
New Long-term Debt                     $ 1,609,000   $ 1,609,000  
2019 Acquisitions | Allegran & Van Buren, MI | Blue Star Highway                            
Real Estate Properties [Line Items]                            
Total Acres | a                     357   357  
No. of Farms | farm                         8  
Lease Term                     10 years 7 months 6 days   10 years 7 months 6 days  
Number of Renewal Options | option                     2   2  
Term of Renewal                     5 years   5 years  
Total Purchase Price                         $ 5,100,000  
Acquisition Costs                         30,000  
Total Annualized Straight-line Rent                         390,000  
New Long-term Debt                     $ 3,060,000   $ 3,060,000  
2019 Acquisitions | Yolo, CA | Yolo County Line Road                            
Real Estate Properties [Line Items]                            
Total Acres | a                     542   542  
No. of Farms | farm                         1  
Lease Term                     14 years 7 months 6 days   14 years 7 months 6 days  
Number of Renewal Options | option                     1   1  
Term of Renewal                     5 years   5 years  
Total Purchase Price                         $ 9,190,000  
Acquisition Costs                         68,000  
Total Annualized Straight-line Rent                         624,000  
New Long-term Debt                     $ 5,514,000   $ 5,514,000  
2019 Acquisitions | Monterey, CA | San Juan Grade Road [Member]                            
Real Estate Properties [Line Items]                            
Total Acres | a                     324   324  
No. of Farms | farm                         1  
Lease Term                     3 months 18 days   3 months 18 days  
Number of Renewal Options | option               1            
Term of Renewal               6 years            
Total Purchase Price                         $ 9,000,000  
Acquisition Costs                         68,000  
Total Annualized Straight-line Rent                         632,000  
New Long-term Debt                     $ 5,400,000   $ 5,400,000  
Extension term               4 years            
Annualized straight-line rent               $ 606,000            
2019 Acquisitions | Monterey, CA | San Juan Grade Road [Member] | Land and Land Improvements                            
Real Estate Properties [Line Items]                            
Tenant improvement commitments               $ 100,000            
2019 Acquisitions | Martin, FL | West Citrus Boulevard [Member]                            
Real Estate Properties [Line Items]                            
Total Acres | a                     3,586   3,586  
No. of Farms | farm                         1  
Lease Term                     8 years 4 months 24 days   8 years 4 months 24 days  
Number of Renewal Options | option                     2   2  
Term of Renewal                     10 years   10 years  
Total Purchase Price                         $ 57,790,000  
Acquisition Costs                         516,000  
Total Annualized Straight-line Rent                         3,696,000  
New Long-term Debt                     $ 37,700,000   $ 37,700,000  
Number of OP Units Issued             $ 288,303              
Fair value of preferred stock             $ 3,300,000              
2019 Acquisitions | Ventura, CA | Las Posas Road [Member]                            
Real Estate Properties [Line Items]                            
Total Acres | a                     413   413  
No. of Farms | farm                         3  
Lease Term         3 years 3 months 18 days           3 years 3 months 18 days   3 years 3 months 18 days  
Number of Renewal Options | option                     1   1  
Term of Renewal                     2 years   2 years  
Total Purchase Price                         $ 21,320,000  
Acquisition Costs                         111,000  
Total Annualized Straight-line Rent                         1,283,000  
New Long-term Debt                     $ 12,792,000   $ 12,792,000  
Number of leases | lease         2                  
Number of tenants | tenant         2                  
2019 Acquisitions | Ventura, CA | Las Posas Road [Member] | Land and Land Improvements                            
Real Estate Properties [Line Items]                            
Total commitment         $ 1,000,000.0                  
2019 Acquisitions | Napa, CA | Withers Road                            
Real Estate Properties [Line Items]                            
Total Acres | a     47               366   366  
No. of Farms | farm                         1  
Lease Term                     10 years 3 months 18 days   10 years 3 months 18 days  
Number of Renewal Options | option                     2   2  
Term of Renewal                     10 years   10 years  
Total Purchase Price                         $ 32,000,000  
Acquisition Costs                         84,000  
Total Annualized Straight-line Rent                         2,256,000  
New Long-term Debt                     $ 19,254,000   $ 19,254,000  
2019 Acquisitions | Napa, CA | Withers Road | Land and Land Improvements                            
Real Estate Properties [Line Items]                            
Additional compensation payments     $ 40,000 $ 4,000,000.0