Annual report pursuant to Section 13 and 15(d)

REAL ESTATE AND INTANGIBLE ASSETS - Schedule of Components of Investments in Real Estate (Details)

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REAL ESTATE AND INTANGIBLE ASSETS - Schedule of Components of Investments in Real Estate (Details) - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Real estate:    
Land and land improvements $ 743,141 $ 792,277
Permanent plantings 349,761 359,131
Irrigation and drainage systems 169,098 168,545
Farm-related facilities 49,063 50,517
Other site improvements 13,569 13,272
Real estate, at cost 1,324,632 1,383,742
Accumulated depreciation (167,782) (142,212)
Total real estate, net $ 1,156,850 $ 1,241,530