Quarterly report pursuant to Section 13 or 15(d)

REAL ESTATE AND INTANGIBLE ASSETS - Additional Information (Details)

v3.22.2
REAL ESTATE AND INTANGIBLE ASSETS - Additional Information (Details)
 3 Months Ended 6 Months Ended
Jun. 30, 2022
USD ($)
a
property
Jun. 30, 2021
USD ($)
Jun. 30, 2022
USD ($)
a
contract
farm
property
Jun. 30, 2021
USD ($)
farm
Dec. 31, 2021
USD ($)
property
Jun. 09, 2021
a
Real Estate Properties [Line Items]            
Depreciation expense $ 8,100,000 $ 6,000,000 $ 16,200,000 $ 11,600,000    
Tenant improvements, net of depreciation 2,500,000   2,500,000   $ 2,500,000  
Tenant improvements, depreciation and rental revenue 103,000 97,000 207,000 194,000    
Amortization expense related to intangible assets 245,000 304,000 511,000 687,000    
Amortization of acquired above market lease values and deferred revenue 122,000 44,000 203,000 0    
Total accretion related to below-market lease values and deferred revenue 44,000 63,000 89,000 99,000    
Net income (loss) 0 (11,000) (29,000) (24,000)    
Loss from investments in unconsolidated entities 0 (11,000) (29,000) (24,000)    
Lease revenue $ 20,293,000 16,893,000 $ 40,236,000 32,927,000    
Number of impaired properties | property 0   0   0  
No. of Farms | farm     165      
Fresno LLC            
Real Estate Properties [Line Items]            
LLC ownership     50.00%      
Umatilla, OR            
Real Estate Properties [Line Items]            
LLC ownership     9.10%      
Fresno, California And Umatilla, Oregon            
Real Estate Properties [Line Items]            
LLC ownership value $ 3,100,000   $ 3,100,000   $ 3,100,000  
Kern, CA            
Real Estate Properties [Line Items]            
Number of contracts to purchase banked water | contract     3      
Area of water | a           45,000
Finite-lived intangible assets     $ 2,800,000      
Water assets, fair value $ 34,000,000   $ 34,000,000      
California            
Real Estate Properties [Line Items]            
Area of water | a 45,000   45,000      
Lease revenue     $ 26,800,000      
Percent of rental revenue     66.50%      
No. of Farms | farm     63      
Florida            
Real Estate Properties [Line Items]            
Lease revenue     $ 7,200,000      
Percent of rental revenue     17.90%      
No. of Farms | farm     26      
2022 Acquisitions            
Real Estate Properties [Line Items]            
Operating revenue $ 71,000   $ 71,000      
Net income (loss) $ 38,000   $ 38,000      
No. of Farms | farm     1      
2021 Acquisitions            
Real Estate Properties [Line Items]            
Operating revenue   845,000   874,000    
Net income (loss)   $ 402,000   $ 398,000    
No. of Farms | farm       15