Annual report pursuant to Section 13 and 15(d)

REAL ESTATE AND INTANGIBLE ASSETS - Schedule of Information of Farms (Details)

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REAL ESTATE AND INTANGIBLE ASSETS - Schedule of Information of Farms (Details)
$ in Thousands
 12 Months Ended
Dec. 31, 2024
USD ($)
a
lease
farm
Dec. 31, 2023
a
Jun. 30, 2023
a
Real Estate Properties [Line Items]      
No. of Farms | farm 157    
Total Acres 111,190    
Farm Acres 91,930    
Acre-feet of Water Assets 55,387 46,400  
Net cost basis | $ $ 1,259,591    
Encumbrances | $ 529,909    
Debt issuance costs – notes and bonds payable | $ $ 2,400    
Number of leases | lease 4    
California      
Real Estate Properties [Line Items]      
No. of Farms | farm 63    
Total Acres 34,845    
Farm Acres 32,321    
Acre-feet of Water Assets 55,387    
Net cost basis | $ $ 840,374    
Encumbrances | $ $ 372,780    
California | State of California      
Real Estate Properties [Line Items]      
Total Acres 5    
Net cost basis | $ $ 651    
LLC ownership value | $ $ 962    
Number of leases | lease 2    
California | State of California | In-place lease values      
Real Estate Properties [Line Items]      
Total Acres 8    
Kern, CA      
Real Estate Properties [Line Items]      
Acre-feet of Water Assets 48,309    
Fresno, CA      
Real Estate Properties [Line Items]      
Acre-feet of Water Assets 7,078    
Florida      
Real Estate Properties [Line Items]      
No. of Farms | farm 25    
Total Acres 18,720   138
Farm Acres 13,891    
Acre-feet of Water Assets 0    
Net cost basis | $ $ 166,471    
Encumbrances | $ $ 76,917    
Washington      
Real Estate Properties [Line Items]      
No. of Farms | farm 6    
Total Acres 2,520    
Farm Acres 2,004    
Acre-feet of Water Assets 0    
Net cost basis | $ $ 56,171    
Encumbrances | $ $ 15,196    
Arizona      
Real Estate Properties [Line Items]      
No. of Farms | farm 6    
Total Acres 6,320    
Farm Acres 5,333    
Acre-feet of Water Assets 0    
Net cost basis | $ $ 49,840    
Encumbrances | $ $ 11,939    
Arizona | State of Arizona      
Real Estate Properties [Line Items]      
No. of Farms | farm 2    
Total Acres 1,368    
Farm Acres 1,221    
Net cost basis | $ $ 42    
Number of leases | lease 2    
Colorado      
Real Estate Properties [Line Items]      
No. of Farms | farm 12    
Total Acres 32,773    
Farm Acres 25,577    
Acre-feet of Water Assets 0    
Net cost basis | $ $ 45,579    
Encumbrances | $ $ 13,849    
Nebraska      
Real Estate Properties [Line Items]      
No. of Farms | farm 9    
Total Acres 7,782    
Farm Acres 7,050    
Acre-feet of Water Assets 0    
Net cost basis | $ $ 29,898    
Encumbrances | $ $ 9,912    
Oregon      
Real Estate Properties [Line Items]      
No. of Farms | farm 6    
Total Acres 898    
Farm Acres 736    
Acre-feet of Water Assets 0    
Net cost basis | $ $ 28,991    
Encumbrances | $ 10,873    
LLC ownership value | $ $ 4,700    
Water provided | farm 2    
Michigan      
Real Estate Properties [Line Items]      
No. of Farms | farm 12    
Total Acres 1,245    
Farm Acres 778    
Acre-feet of Water Assets 0    
Net cost basis | $ $ 15,204    
Encumbrances | $ $ 8,663    
Texas      
Real Estate Properties [Line Items]      
No. of Farms | farm 1    
Total Acres 3,667    
Farm Acres 2,219    
Acre-feet of Water Assets 0    
Net cost basis | $ $ 8,026    
Encumbrances | $ $ 0    
Maryland      
Real Estate Properties [Line Items]      
No. of Farms | farm 6    
Total Acres 987    
Farm Acres 863    
Acre-feet of Water Assets 0    
Net cost basis | $ $ 7,948    
Encumbrances | $ $ 4,218    
South Carolina      
Real Estate Properties [Line Items]      
No. of Farms | farm 3    
Total Acres 597    
Farm Acres 447    
Acre-feet of Water Assets 0    
Net cost basis | $ $ 3,452    
Encumbrances | $ $ 2,100    
Georgia      
Real Estate Properties [Line Items]      
No. of Farms | farm 2    
Total Acres 230    
Farm Acres 175    
Acre-feet of Water Assets 0    
Net cost basis | $ $ 2,222    
Encumbrances | $ $ 1,600    
North Carolina      
Real Estate Properties [Line Items]      
No. of Farms | farm 2    
Total Acres 310    
Farm Acres 295    
Acre-feet of Water Assets 0    
Net cost basis | $ $ 2,076    
Encumbrances | $ $ 0    
New Jersey      
Real Estate Properties [Line Items]      
No. of Farms | farm 3    
Total Acres 116    
Farm Acres 101    
Acre-feet of Water Assets 0    
Net cost basis | $ $ 2,059    
Encumbrances | $ $ 1,185    
Delaware      
Real Estate Properties [Line Items]      
No. of Farms | farm 1    
Total Acres 180    
Farm Acres 140    
Acre-feet of Water Assets 0    
Net cost basis | $ $ 1,280    
Encumbrances | $ $ 677