$FCPT
Four Corners Property Trust, Inc.

2019 Q4 Form 10-Q Financial Statement

#000165013219000092 Filed on October 31, 2019

View on sec.gov

Income Statement

Concept 2019 Q4 2019 Q3 2018 Q4
Revenue $40.88M $40.18M $38.04M
YoY Change 7.48% 11.24% 12.4%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $8.570M $8.540M $8.190M
YoY Change 4.64% 7.56% 4.07%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $6.800M $6.600M $6.100M
YoY Change 11.48% 15.79% 17.31%
% of Gross Profit
Operating Expenses $15.35M $15.19M $15.81M
YoY Change -2.91% 11.19% 17.69%
Operating Profit
YoY Change
Interest Expense $6.547M $6.665M $5.293M
YoY Change 23.69% 35.08% -2.04%
% of Operating Profit
Other Income/Expense, Net $70.00K $150.0K $30.00K
YoY Change 133.33% -6.25% -72.73%
Pretax Income $19.06M $18.48M $21.41M
YoY Change -10.96% 4.58% 16.87%
Income Tax $67.00K $69.00K $74.00K
% Of Pretax Income 0.35% 0.37% 0.35%
Net Earnings $18.99M $18.33M $21.33M
YoY Change -10.96% 4.77% 15.47%
Net Earnings / Revenue 46.46% 45.62% 56.08%
Basic Earnings Per Share $0.27 $0.27 $0.31
Diluted Earnings Per Share $0.27 $0.27 $0.31
COMMON SHARES
Basic Shares Outstanding 68.92M shares 68.32M shares 67.76M shares
Diluted Shares Outstanding 68.53M shares

Balance Sheet

Concept 2019 Q4 2019 Q3 2018 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $5.100M $29.80M $92.00M
YoY Change -94.46% 10.78% 42.64%
Cash & Equivalents $5.083M $29.79M $92.04M
Short-Term Investments
Other Short-Term Assets $800.0K $300.0K $800.0K
YoY Change 0.0% -25.0% 33.33%
Inventory $196.0K $132.0K $183.0K
Prepaid Expenses
Receivables $400.0K $200.0K $800.0K
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $6.500M $30.40M $93.80M
YoY Change -93.07% 9.35% 42.77%
LONG-TERM ASSETS
Property, Plant & Equipment $1.336B $1.241B $1.191B
YoY Change 12.19% 7.65% 23.25%
Goodwill
YoY Change
Intangibles $57.92M $35.99M $19.00M
YoY Change 204.86% 186.78% 395.38%
Long-Term Investments
YoY Change
Other Assets $43.60M $39.10M $33.10M
YoY Change 31.72% 32.09% 20.8%
Total Long-Term Assets $1.440B $1.317B $1.249B
YoY Change 15.23% 9.02% 24.56%
TOTAL ASSETS
Total Short-Term Assets $6.500M $30.40M $93.80M
Total Long-Term Assets $1.440B $1.317B $1.249B
Total Assets $1.446B $1.348B $1.343B
YoY Change 7.67% 9.03% 25.68%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $800.0K $400.0K $1.000M
YoY Change -20.0% -50.0% -9.09%
Accrued Expenses $8.300M $12.40M $3.800M
YoY Change 118.42% 153.06% 15.15%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $40.90M $41.30M $26.00M
YoY Change 57.31% 27.08% -11.86%
LONG-TERM LIABILITIES
Long-Term Debt $669.9M $617.4M $615.9M
YoY Change 8.77% 19.44% 19.48%
Other Long-Term Liabilities $8.500M $10.50M $2.300M
YoY Change 269.57% 517.65% 76.92%
Total Long-Term Liabilities $678.4M $627.9M $618.2M
YoY Change 9.74% 21.08% 19.62%
TOTAL LIABILITIES
Total Short-Term Liabilities $40.90M $41.30M $26.00M
Total Long-Term Liabilities $678.4M $627.9M $618.2M
Total Liabilities $719.3M $669.3M $644.1M
YoY Change 11.67% 21.44% 17.89%
SHAREHOLDERS EQUITY
Retained Earnings $38.40M $40.81M $46.02M
YoY Change -16.55% -8.07% 26.71%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $721.1M $672.8M $699.0M
YoY Change
Total Liabilities & Shareholders Equity $1.446B $1.348B $1.343B
YoY Change 7.67% 9.03% 25.68%

Cashflow Statement

Concept 2019 Q4 2019 Q3 2018 Q4
OPERATING ACTIVITIES
Net Income $18.99M $18.33M $21.33M
YoY Change -10.96% 4.77% 15.47%
Depreciation, Depletion And Amortization $6.800M $6.600M $6.100M
YoY Change 11.48% 15.79% 17.31%
Cash From Operating Activities $23.40M $27.30M $15.10M
YoY Change 54.97% 10.08% -19.25%
INVESTING ACTIVITIES
Capital Expenditures -$124.1M -$16.50M -$52.00M
YoY Change 138.65% -90.75% 110.53%
Acquisitions
YoY Change
Other Investing Activities -$1.900M -$500.0K $5.600M
YoY Change -133.93% -28.21%
Cash From Investing Activities -$126.0M -$17.00M -$46.40M
YoY Change 171.55% -90.46% 172.94%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 77.80M -19.70M 97.70M
YoY Change -20.37% -121.51% -738.56%
NET CHANGE
Cash From Operating Activities 23.40M 27.30M 15.10M
Cash From Investing Activities -126.0M -17.00M -46.40M
Cash From Financing Activities 77.80M -19.70M 97.70M
Net Change In Cash -24.80M -9.400M 66.40M
YoY Change -137.35% -84.79% -588.24%
FREE CASH FLOW
Cash From Operating Activities $23.40M $27.30M $15.10M
Capital Expenditures -$124.1M -$16.50M -$52.00M
Free Cash Flow $147.5M $43.80M $67.10M
YoY Change 119.82% -78.43% 54.61%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2019
dei Entity Central Index Key
EntityCentralIndexKey
0001650132
CY2019Q2 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.2875
CY2018Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2018Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
500000000 shares
CY2018Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
68204045 shares
CY2019Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
68417182 shares
CY2018Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
68204045 shares
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
0 USD
us-gaap Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
0 USD
CY2018Q3 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
2 segment
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
2 segment
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
2 segment
CY2018Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2018Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
25000000 shares
CY2018Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2018Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2018Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2019Q3 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2018Q4 us-gaap Real Estate Heldforsale
RealEstateHeldforsale
0 USD
dei Document Type
DocumentType
10-Q
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Period End Date
DocumentPeriodEndDate
2019-09-30
dei Document Transition Report
DocumentTransitionReport
false
dei Entity File Number
EntityFileNumber
1-37538
dei Entity Registrant Name
EntityRegistrantName
Four Corners Property Trust, Inc.
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
MD
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
47-4456296
dei Entity Address Address Line1
EntityAddressAddressLine1
591 Redwood Highway,
dei Entity Address Address Line2
EntityAddressAddressLine2
 Suite 1150,
dei Entity Address City Or Town
EntityAddressCityOrTown
Mill Valley,
dei Entity Address State Or Province
EntityAddressStateOrProvince
CA
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
94941
dei City Area Code
CityAreaCode
415
dei Local Phone Number
LocalPhoneNumber
965-8030
dei Security12b Title
Security12bTitle
Common Stock, $0.0001 par value per share
dei Trading Symbol
TradingSymbol
FCPT
dei Security Exchange Name
SecurityExchangeName
NYSE
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Entity Small Business
EntitySmallBusiness
false
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
dei Entity Shell Company
EntityShellCompany
false
CY2019Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
68917182 shares
CY2019Q3 us-gaap Land And Land Improvements
LandAndLandImprovements
608601000 USD
CY2018Q4 us-gaap Land And Land Improvements
LandAndLandImprovements
569057000 USD
CY2019Q3 fcpt Investment Building Equipment And Building Improvements
InvestmentBuildingEquipmentAndBuildingImprovements
1256857000 USD
CY2018Q4 fcpt Investment Building Equipment And Building Improvements
InvestmentBuildingEquipmentAndBuildingImprovements
1236224000 USD
CY2019Q3 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
1865458000 USD
CY2018Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
1805281000 USD
CY2019Q3 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
629876000 USD
CY2018Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
614584000 USD
CY2019Q3 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
1235582000 USD
CY2018Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
1190697000 USD
CY2019Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
35988000 USD
CY2018Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
18998000 USD
CY2019Q3 fcpt Real Estate Investment Property And Intangible Asset Net
RealEstateInvestmentPropertyAndIntangibleAssetNet
1271570000 USD
CY2018Q4 fcpt Real Estate Investment Property And Intangible Asset Net
RealEstateInvestmentPropertyAndIntangibleAssetNet
1209695000 USD
CY2019Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
29789000 USD
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
92041000 USD
CY2019Q3 us-gaap Deferred Rent Receivables Net
DeferredRentReceivablesNet
37151000 USD
CY2018Q4 us-gaap Deferred Rent Receivables Net
DeferredRentReceivablesNet
30141000 USD
CY2019Q3 us-gaap Derivative Assets
DerivativeAssets
143000 USD
CY2018Q4 us-gaap Derivative Assets
DerivativeAssets
5982000 USD
CY2019Q3 us-gaap Other Assets
OtherAssets
9127000 USD
CY2018Q4 us-gaap Other Assets
OtherAssets
5239000 USD
CY2019Q3 us-gaap Assets
Assets
1347780000 USD
CY2018Q4 us-gaap Assets
Assets
1343098000 USD
CY2019Q3 us-gaap Notes Payable
NotesPayable
617428000 USD
CY2018Q4 us-gaap Notes Payable
NotesPayable
615892000 USD
CY2019Q3 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
19641000 USD
CY2018Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
19580000 USD
CY2019Q3 us-gaap Advance Rent
AdvanceRent
8831000 USD
CY2018Q4 us-gaap Advance Rent
AdvanceRent
1609000 USD
CY2019Q3 us-gaap Derivative Liabilities
DerivativeLiabilities
7955000 USD
CY2018Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
0 USD
CY2019Q3 us-gaap Other Liabilities
OtherLiabilities
15414000 USD
CY2018Q4 us-gaap Other Liabilities
OtherLiabilities
7053000 USD
CY2019Q3 us-gaap Liabilities
Liabilities
669269000 USD
CY2018Q4 us-gaap Liabilities
Liabilities
644134000 USD
CY2019Q3 us-gaap Preferred Stock Value Outstanding
PreferredStockValueOutstanding
0 USD
CY2018Q4 us-gaap Preferred Stock Value Outstanding
PreferredStockValueOutstanding
0 USD
CY2018Q4 us-gaap Common Stock Value Outstanding
CommonStockValueOutstanding
7000 USD
CY2019Q3 us-gaap Common Stock Value Outstanding
CommonStockValueOutstanding
7000 USD
CY2019Q3 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
639790000 USD
CY2018Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
639116000 USD
CY2019Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
40812000 USD
CY2018Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
46018000 USD
CY2019Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-7780000 USD
CY2018Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
5956000 USD
CY2019Q3 us-gaap Minority Interest
MinorityInterest
5682000 USD
CY2018Q4 us-gaap Minority Interest
MinorityInterest
7867000 USD
CY2019Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
678511000 USD
CY2018Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
698964000 USD
CY2019Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1347780000 USD
CY2018Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1343098000 USD
CY2019Q3 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
40183000 USD
CY2018Q3 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
36122000 USD
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
119352000 USD
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
105600000 USD
CY2019Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
3389000 USD
CY2018Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
3116000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
10766000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
9809000 USD
CY2019Q3 us-gaap Cost Of Goods And Services Sold Depreciation And Amortization
CostOfGoodsAndServicesSoldDepreciationAndAmortization
6653000 USD
CY2018Q3 us-gaap Cost Of Goods And Services Sold Depreciation And Amortization
CostOfGoodsAndServicesSoldDepreciationAndAmortization
5743000 USD
us-gaap Cost Of Goods And Services Sold Depreciation And Amortization
CostOfGoodsAndServicesSoldDepreciationAndAmortization
19532000 USD
us-gaap Cost Of Goods And Services Sold Depreciation And Amortization
CostOfGoodsAndServicesSoldDepreciationAndAmortization
16312000 USD
CY2019Q3 us-gaap Operating Expenses
OperatingExpenses
15193000 USD
CY2018Q3 us-gaap Operating Expenses
OperatingExpenses
13681000 USD
us-gaap Operating Expenses
OperatingExpenses
46111000 USD
us-gaap Operating Expenses
OperatingExpenses
40780000 USD
CY2019Q3 us-gaap Interest Expense
InterestExpense
6665000 USD
CY2018Q3 us-gaap Interest Expense
InterestExpense
4934000 USD
us-gaap Interest Expense
InterestExpense
19969000 USD
us-gaap Interest Expense
InterestExpense
14667000 USD
CY2019Q3 us-gaap Other Income
OtherIncome
153000 USD
CY2018Q3 us-gaap Other Income
OtherIncome
164000 USD
us-gaap Other Income
OtherIncome
872000 USD
us-gaap Other Income
OtherIncome
752000 USD
CY2019Q3 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
0 USD
CY2018Q3 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
0 USD
us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
0 USD
us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
10879000 USD
CY2019Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
69000 USD
CY2018Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
64000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
198000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
189000 USD
CY2019Q3 us-gaap Profit Loss
ProfitLoss
18409000 USD
CY2018Q3 us-gaap Profit Loss
ProfitLoss
17607000 USD
us-gaap Profit Loss
ProfitLoss
53946000 USD
us-gaap Profit Loss
ProfitLoss
61595000 USD
CY2019Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
78000 USD
CY2018Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
111000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
244000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
402000 USD
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
18331000 USD
CY2018Q3 us-gaap Net Income Loss
NetIncomeLoss
17496000 USD
us-gaap Net Income Loss
NetIncomeLoss
53702000 USD
us-gaap Net Income Loss
NetIncomeLoss
61193000 USD
CY2019Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.27
CY2018Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.27
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.79
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.97
CY2019Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.27
CY2018Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.27
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.78
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.97
CY2019Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
68315915 shares
CY2018Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
65347842 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
68274167 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
62804123 shares
CY2019Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
68527187 shares
CY2018Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
65577975 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
68495013 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
62987282 shares
CY2019Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.2875
CY2018Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.2750
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.8625
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.8250
CY2019Q3 us-gaap Profit Loss
ProfitLoss
18409000 USD
CY2018Q3 us-gaap Profit Loss
ProfitLoss
17607000 USD
us-gaap Profit Loss
ProfitLoss
53946000 USD
us-gaap Profit Loss
ProfitLoss
61595000 USD
CY2019Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
-3226000 USD
CY2018Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
1132000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
-12189000 USD
CY2018Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
748000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
9234000 USD
CY2019Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
420000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
1610000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
1562000 USD
CY2019Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
-3646000 USD
CY2018Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
384000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
-13799000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
7672000 USD
CY2019Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
14763000 USD
CY2018Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
17991000 USD
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
40147000 USD
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
69267000 USD
CY2019Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
78000 USD
CY2018Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
111000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
244000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
402000 USD
CY2019Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
-15000 USD
CY2018Q3 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
3000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
-63000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
51000 USD
CY2019Q3 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
63000 USD
CY2018Q3 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
114000 USD
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
181000 USD
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
453000 USD
CY2019Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
14700000 USD
CY2018Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
17877000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
39966000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
68814000 USD
CY2019Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
682671000 USD
CY2019Q3 us-gaap Profit Loss
ProfitLoss
18409000 USD
CY2019Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-3646000 USD
CY2019Q3 us-gaap Dividends Common Stock
DividendsCommonStock
19725000 USD
CY2019Q3 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
802000 USD
CY2019Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
678511000 USD
CY2018Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
698964000 USD
us-gaap Profit Loss
ProfitLoss
53946000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-13799000 USD
us-gaap Minority Interest Decrease From Redemptions
MinorityInterestDecreaseFromRedemptions
3167000 USD
us-gaap Dividends Common Stock
DividendsCommonStock
59175000 USD
us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
90000 USD
CY2019Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
678511000 USD
CY2018Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
575740000 USD
CY2018Q3 us-gaap Profit Loss
ProfitLoss
17607000 USD
CY2018Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
384000 USD
CY2018Q3 us-gaap Dividends Common Stock
DividendsCommonStock
18635000 USD
CY2018Q3 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
930000 USD
CY2018Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
685078000 USD
CY2017Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
522268000 USD
us-gaap Profit Loss
ProfitLoss
61595000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
7672000 USD
us-gaap Dividends Common Stock
DividendsCommonStock
52989000 USD
us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
2871000 USD
CY2018Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
685078000 USD
us-gaap Profit Loss
ProfitLoss
53946000 USD
us-gaap Profit Loss
ProfitLoss
61595000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
19532000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
16312000 USD
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
0 USD
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
10879000 USD
fcpt Gain Loss On Exchange Of Non Financial Assets
GainLossOnExchangeOfNonFinancialAssets
0 USD
fcpt Gain Loss On Exchange Of Non Financial Assets
GainLossOnExchangeOfNonFinancialAssets
228000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
1539000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
1368000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
2792000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
3037000 USD
us-gaap Increase Decrease In Derivative Assets
IncreaseDecreaseInDerivativeAssets
5000 USD
us-gaap Increase Decrease In Derivative Assets
IncreaseDecreaseInDerivativeAssets
-27000 USD
fcpt Increase Decreasein Straight Line Rent Adjustment
IncreaseDecreaseinStraightLineRentAdjustment
7008000 USD
fcpt Increase Decreasein Straight Line Rent Adjustment
IncreaseDecreaseinStraightLineRentAdjustment
6857000 USD
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
7222000 USD
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
5000 USD
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-3278000 USD
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-1601000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
81296000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
65981000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
81136000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
216272000 USD
us-gaap Proceeds From Sale Of Buildings
ProceedsFromSaleOfBuildings
0 USD
us-gaap Proceeds From Sale Of Buildings
ProceedsFromSaleOfBuildings
15714000 USD
us-gaap Payments For Proceeds From Deposits On Real Estate Acquisitions
PaymentsForProceedsFromDepositsOnRealEstateAcquisitions
282000 USD
us-gaap Payments For Proceeds From Deposits On Real Estate Acquisitions
PaymentsForProceedsFromDepositsOnRealEstateAcquisitions
86000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-81418000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-200644000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
58847000 USD
us-gaap Payments Of Capital Distribution
PaymentsOfCapitalDistribution
267000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
50975000 USD
us-gaap Payments Of Capital Distribution
PaymentsOfCapitalDistribution
338000 USD
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
3167000 USD
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
0 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
2702000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
166000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-63331000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
92182000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-63453000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-42481000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
93242000 USD
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
69371000 USD
CY2019Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
29789000 USD
CY2018Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
26890000 USD
us-gaap Interest Paid Net
InterestPaidNet
14075000 USD
us-gaap Interest Paid Net
InterestPaidNet
13199000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
548000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
615000 USD
us-gaap Proceeds From Lease Payments
ProceedsFromLeasePayments
96113000 USD
us-gaap Proceeds From Lease Payments
ProceedsFromLeasePayments
0 USD
us-gaap Operating Lease Payments
OperatingLeasePayments
312000 USD
us-gaap Operating Lease Payments
OperatingLeasePayments
0 USD
CY2019Q3 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
19641000 USD
CY2018Q3 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
18521000 USD
us-gaap Change In Unrealized Gain Loss On Fair Value Hedging Instruments1
ChangeInUnrealizedGainLossOnFairValueHedgingInstruments1
-13794000 USD
us-gaap Change In Unrealized Gain Loss On Fair Value Hedging Instruments1
ChangeInUnrealizedGainLossOnFairValueHedgingInstruments1
7637000 USD
us-gaap Use Of Estimates
UseOfEstimates
<div style="line-height:138%;padding-bottom:8px;padding-top:12px;font-size:10pt;"><span style="font-family:Times New Roman;font-size:10pt;font-style:italic;font-weight:bold;text-decoration:none;">Use of Estimates</span></div><div style="line-height:138%;padding-bottom:8px;text-align:justify;text-indent:24px;font-size:10pt;"><span style="font-family:Times New Roman;font-size:10pt;color:#000000;">The preparation of these Consolidated Financial Statements requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenue and expenses during the reporting period. The estimates and assumptions used in the accompanying Consolidated Financial Statements are based on management’s evaluation of the relevant facts and circumstances. Actual results may differ from the estimates and assumptions used in preparing the accompanying Consolidated Financial Statements, and such differences could be material.</span></div>
us-gaap Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
0 USD
fcpt Assets Held For Sale Disposal Period
AssetsHeldForSaleDisposalPeriod
P1Y
CY2019Q3 us-gaap Real Estate Heldforsale
RealEstateHeldforsale
0 USD
CY2019Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
29789000 USD
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
92041000 USD
CY2019Q3 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
0 USD
CY2018Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
1201000 USD
CY2019Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
29789000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
93242000 USD
us-gaap Derivatives Methods Of Accounting Hedging Derivatives
DerivativesMethodsOfAccountingHedgingDerivatives
<div style="line-height:138%;padding-bottom:8px;padding-top:12px;font-size:10pt;"><span style="font-family:Times New Roman;font-size:10pt;font-style:italic;font-weight:bold;text-decoration:none;">Derivative Instruments and Hedging Activities</span></div><div style="line-height:138%;padding-bottom:8px;text-align:justify;text-indent:24px;font-size:10pt;"><span style="font-family:Times New Roman;font-size:10pt;color:#000000;">We enter into derivative instruments for risk management purposes only, including derivatives designated as hedging instruments as required by FASB ASC Topic 815, Derivatives and Hedging, and those utilized as economic hedges. Our use of derivative instruments is currently limited to interest rate hedges. These instruments are generally structured as hedges of the variability of cash flows related to forecasted transactions (cash flow hedges). We do not enter into derivative instruments for trading or speculative purposes, where changes in the cash flows of the derivative are not expected to offset changes in cash flows of the hedged item. All derivatives are recognized on the balance sheet at fair value. For those derivative instruments for which we intend to elect hedge accounting, at the time the derivative contract is entered into, we document all relationships between hedging instruments and hedged items, as well as our risk-management objective and strategy for undertaking the various hedge transactions. This process includes linking all derivatives designated as cash flow hedges to specific assets and liabilities on the consolidated balance sheet or to specific forecasted transactions. We also formally assess, both at the hedge’s inception and on an ongoing basis, whether the derivatives used in hedging transactions are highly effective in offsetting changes in cash flows of hedged items.</span></div><div style="line-height:138%;padding-bottom:8px;text-align:justify;text-indent:24px;font-size:10pt;"><span style="font-family:Times New Roman;font-size:10pt;color:#000000;">To the extent our derivatives are effective in offsetting the variability of the hedged cash flows, and otherwise meet the cash flow hedge accounting criteria in accordance with United States generally accepted accounting principles (“U.S. GAAP”), changes in the derivatives’ fair value are not included in current earnings but are included in accumulated other comprehensive income, net of tax. These changes in fair value will be reclassified into earnings at the time of the forecasted transaction. Ineffectiveness measured in the hedging relationship is recorded in earnings in the period in which it occurs.</span></div>
us-gaap Revenue Recognition Leases
RevenueRecognitionLeases
<div style="line-height:138%;padding-bottom:8px;padding-top:12px;font-size:10pt;"><span style="font-family:Times New Roman;font-size:10pt;font-style:italic;font-weight:bold;text-decoration:none;">Revenue Recognition</span></div><div style="line-height:138%;padding-bottom:8px;text-align:justify;font-size:10pt;"><span style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">Rental Revenue</span></div><div style="line-height:138%;padding-bottom:8px;padding-top:8px;text-align:justify;text-indent:24px;font-size:10pt;"><span style="font-family:Times New Roman;font-size:10pt;color:#000000;">For those net leases that provide for periodic and determinable increases in base rent, base rental revenue is recognized on a straight-line basis over the applicable lease term when collectability is probable. Recognizing rental revenue on a straight-line basis generally results in recognized revenues during the first half of a lease term exceeding the cash amounts contractually due from our tenants, creating a deferred rent receivable. </span></div><div style="line-height:138%;padding-bottom:8px;padding-top:8px;text-align:justify;text-indent:24px;font-size:10pt;"><span style="font-family:Times New Roman;font-size:10pt;color:#000000;">We assess the collectability of our lease receivables, including deferred rents receivable, on several factors, including payment history, the financial strength of the tenant and any guarantors, historical operations and operating trends of the property, and current economic conditions. If our evaluation of these factors indicates it is not probable that we will be to recover substantially all of the receivable, we derecognize the deferred rent receivable asset and record as a reduction in rental revenue. </span></div><div style="line-height:138%;padding-bottom:8px;padding-top:8px;text-align:justify;text-indent:24px;font-size:10pt;"><span style="font-family:Times New Roman;font-size:10pt;color:#000000;">For those leases that provide for periodic increases in base rent only if certain revenue parameters or other substantive contingencies are met, the increased rental revenue is recognized as the related parameters or contingencies are met, rather than on a straight-line basis over the applicable lease term. Prior to the adoption of ASC 842, lessor costs reimbursed by the lessee were presented on a net basis in our Consolidated Financial Statements. Subsequent to the adoption of ASC 842 on January 1, 2019, costs paid by the lessor and reimbursed by the lessees will be included in variable lease payments and presented on a gross basis within rental revenue. Sales taxes collected from lessees and remitted to governmental authorities are presented on a net basis within rental revenue.</span></div><div style="line-height:138%;padding-bottom:8px;text-align:justify;font-size:10pt;"><span style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">Restaurant Revenue</span></div><div style="line-height:138%;padding-bottom:8px;text-align:justify;text-indent:24px;font-size:10pt;"><span style="font-family:Times New Roman;font-size:10pt;color:#000000;">Restaurant revenue represents food, beverage, and other products sold and is presented net of the following discounts: coupons, employee meals, complimentary meals and gift cards. Revenue from restaurant sales, whether received in cash or by credit card, is recognized when food and beverage products are sold. At </span><span style="font-family:Times New Roman;font-size:10pt;color:#000000;">September 30, 2019</span><span style="font-family:Times New Roman;font-size:10pt;color:#000000;"> and </span><span style="font-family:Times New Roman;font-size:10pt;color:#000000;">December 31, 2018</span><span style="font-family:Times New Roman;font-size:10pt;color:#000000;">, credit card receivables, included in other assets, totaled </span><span style="font-family:Times New Roman;font-size:10pt;color:#000000;"><span>$49 thousand</span></span><span style="font-family:Times New Roman;font-size:10pt;color:#000000;"> and $</span><span style="font-family:Times New Roman;font-size:10pt;color:#000000;"><span>82 thousand</span></span><span style="font-family:Times New Roman;font-size:10pt;color:#000000;">, respectively. We recognize sales from our gift cards when the gift card is redeemed by the customer. Sales taxes collected from customers and remitted to governmental authorities are presented on a net basis within restaurant revenue on our Consolidated Income Statements. </span></div>
CY2019Q3 us-gaap Credit Card Receivables
CreditCardReceivables
49000 USD
CY2018Q4 us-gaap Credit Card Receivables
CreditCardReceivables
82000 USD
CY2019Q3 us-gaap Number Of States In Which Entity Operates
NumberOfStatesInWhichEntityOperates
45 state
CY2019Q3 us-gaap Land And Land Improvements
LandAndLandImprovements
608601000 USD
CY2018Q4 us-gaap Land And Land Improvements
LandAndLandImprovements
569057000 USD
CY2019Q3 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
1122156000 USD
CY2018Q4 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
1099591000 USD
CY2019Q3 us-gaap Fixtures And Equipment Gross
FixturesAndEquipmentGross
134701000 USD
CY2018Q4 us-gaap Fixtures And Equipment Gross
FixturesAndEquipmentGross
136633000 USD
CY2019Q3 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
1865458000 USD
CY2018Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
1805281000 USD
CY2019Q3 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
629876000 USD
CY2018Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
614584000 USD
CY2019Q3 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
1235582000 USD
CY2018Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
1190697000 USD
CY2019Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
35988000 USD
CY2018Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
18998000 USD
CY2019Q3 fcpt Real Estate Investment Property And Intangible Asset Net
RealEstateInvestmentPropertyAndIntangibleAssetNet
1271570000 USD
CY2018Q4 fcpt Real Estate Investment Property And Intangible Asset Net
RealEstateInvestmentPropertyAndIntangibleAssetNet
1209695000 USD
us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
81100000 USD
CY2019Q3 us-gaap Number Of Restaurants
NumberOfRestaurants
40 property
CY2019Q3 fcpt Real Estate Investments Number Of States With Properties
RealEstateInvestmentsNumberOfStatesWithProperties
18 state
us-gaap Payments To Acquire Land
PaymentsToAcquireLand
39500000 USD
fcpt Paymentsto Acquire Buildingsand Improvements
PaymentstoAcquireBuildingsandImprovements
22600000 USD
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
19000000 USD
fcpt Real Estate Investments Contingent Consideration
RealEstateInvestmentsContingentConsideration
0 USD
CY2019Q3 us-gaap Lessee Operating Lease Term Of Contract
LesseeOperatingLeaseTermOfContract
P10Y10M24D
us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
216100000 USD
CY2018Q3 us-gaap Number Of Restaurants
NumberOfRestaurants
77 property
CY2018Q3 fcpt Real Estate Investments Number Of States With Properties
RealEstateInvestmentsNumberOfStatesWithProperties
29 state
us-gaap Payments To Acquire Land
PaymentsToAcquireLand
101900000 USD
fcpt Paymentsto Acquire Buildingsand Improvements
PaymentstoAcquireBuildingsandImprovements
105000000 USD
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
9200000 USD
CY2019Q3 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
6961000 USD
CY2018Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
0 USD
CY2019Q3 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
39667000 USD
CY2018Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
20397000 USD
CY2019Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
3679000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
1399000 USD
CY2019Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
35988000 USD
CY2018Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
18998000 USD
CY2019Q3 fcpt Finite Lived Intangible Liabilities Accumulated Amortization
FiniteLivedIntangibleLiabilitiesAccumulatedAmortization
120000 USD
CY2018Q4 fcpt Finite Lived Intangible Liabilities Accumulated Amortization
FiniteLivedIntangibleLiabilitiesAccumulatedAmortization
33000 USD
CY2019Q3 fcpt Intangible Lease Liabilities Net
IntangibleLeaseLiabilitiesNet
734000 USD
CY2018Q4 fcpt Intangible Lease Liabilities Net
IntangibleLeaseLiabilitiesNet
577000 USD
fcpt Intangible Lease Assets And Liabilities Weighted Average Amortization Period
IntangibleLeaseAssetsAndLiabilitiesWeightedAverageAmortizationPeriod
P11Y8M12D
us-gaap Acquired Finite Lived Intangible Assets Weighted Average Useful Life
AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife
P11Y9M18D
CY2019Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
929000 USD
CY2019Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
3509000 USD
CY2019Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
3244000 USD
CY2019Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
3069000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
550000 USD
CY2019Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
2668000 USD
CY2019Q3 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
14873000 USD
CY2019Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
28292000 USD
fcpt Number Of Ground Leases
NumberOfGroundLeases
3 ground_lease
CY2018Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
0 USD
CY2019Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
5723000 USD
CY2018Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
0 USD
CY2019Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
6425000 USD
CY2018Q4 fcpt Deferred Rent
DeferredRent
702000 USD
CY2019Q1 fcpt Deferred Rent
DeferredRent
0 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
99000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
397000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
418000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
427000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
427000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
8407000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
10175000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
3831000 USD
CY2019Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
6344000 USD
CY2019Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0452
CY2019Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P21Y4M24D
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
400000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
103000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
0 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
1053000 USD
CY2019Q3 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
166000 USD
CY2018Q3 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
183000 USD
us-gaap Lease And Rental Expense
LeaseAndRentalExpense
500000 USD
us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
536000 USD
CY2019Q3 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
34993000 USD
us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
103252000 USD
CY2019Q3 us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
216000 USD
us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
580000 USD
CY2019Q3 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
35209000 USD
us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
103832000 USD
CY2019Q3 us-gaap Lessor Operating Lease Payments To Be Received Remainder Of Fiscal Year
LessorOperatingLeasePaymentsToBeReceivedRemainderOfFiscalYear
32982000 USD
CY2019Q3 us-gaap Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
132887000 USD
CY2019Q3 us-gaap Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
134361000 USD
CY2019Q3 us-gaap Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
135815000 USD
CY2019Q3 us-gaap Lessor Operating Lease Payments To Be Received Five Years
LessorOperatingLeasePaymentsToBeReceivedFiveYears
136943000 USD
CY2019Q3 us-gaap Lessor Operating Lease Payments To Be Received Thereafter
LessorOperatingLeasePaymentsToBeReceivedThereafter
1097874000 USD
CY2019Q3 us-gaap Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
1670862000 USD
CY2019Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
5609000 USD
CY2018Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
0 USD
CY2019Q3 fcpt Prepaid Acquisition Expense
PrepaidAcquisitionExpense
1986000 USD
CY2018Q4 fcpt Prepaid Acquisition Expense
PrepaidAcquisitionExpense
1802000 USD
CY2019Q3 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
331000 USD
CY2018Q4 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
815000 USD
CY2019Q3 us-gaap Accounts Receivable Net
AccountsReceivableNet
187000 USD
CY2018Q4 us-gaap Accounts Receivable Net
AccountsReceivableNet
782000 USD
CY2019Q3 us-gaap Inventory Net
InventoryNet
132000 USD
CY2018Q4 us-gaap Inventory Net
InventoryNet
183000 USD
CY2019Q3 us-gaap Escrow Deposit
EscrowDeposit
0 USD
CY2018Q4 us-gaap Escrow Deposit
EscrowDeposit
1201000 USD
CY2019Q3 us-gaap Other Assets Miscellaneous
OtherAssetsMiscellaneous
882000 USD
CY2018Q4 us-gaap Other Assets Miscellaneous
OtherAssetsMiscellaneous
456000 USD
CY2019Q3 us-gaap Other Assets
OtherAssets
9127000 USD
CY2018Q4 us-gaap Other Assets
OtherAssets
5239000 USD
CY2019Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
6344000 USD
CY2018Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
0 USD
CY2019Q3 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
4292000 USD
CY2018Q4 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
1586000 USD
CY2019Q3 us-gaap Deferred Compensation Liability Current And Noncurrent
DeferredCompensationLiabilityCurrentAndNoncurrent
1560000 USD
CY2018Q4 us-gaap Deferred Compensation Liability Current And Noncurrent
DeferredCompensationLiabilityCurrentAndNoncurrent
1714000 USD
CY2019Q3 us-gaap Accounts Payable Current And Noncurrent
AccountsPayableCurrentAndNoncurrent
384000 USD
CY2018Q4 us-gaap Accounts Payable Current And Noncurrent
AccountsPayableCurrentAndNoncurrent
986000 USD
CY2019Q3 fcpt Intangible Lease Liabilities Net
IntangibleLeaseLiabilitiesNet
734000 USD
CY2018Q4 fcpt Intangible Lease Liabilities Net
IntangibleLeaseLiabilitiesNet
577000 USD
CY2019Q3 us-gaap Other Accrued Liabilities Current And Noncurrent
OtherAccruedLiabilitiesCurrentAndNoncurrent
1854000 USD
CY2019Q3 fcpt Accrued Operating Expenses
AccruedOperatingExpenses
246000 USD
CY2018Q4 fcpt Accrued Operating Expenses
AccruedOperatingExpenses
486000 USD
CY2018Q4 us-gaap Other Accrued Liabilities Current And Noncurrent
OtherAccruedLiabilitiesCurrentAndNoncurrent
1704000 USD
CY2019Q3 us-gaap Other Liabilities
OtherLiabilities
15414000 USD
CY2018Q4 us-gaap Other Liabilities
OtherLiabilities
7053000 USD
CY2019Q3 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
7600000 USD
CY2018Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
9100000 USD
CY2019Q3 us-gaap Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
0.0334
CY2018Q4 us-gaap Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
0.0368
us-gaap Derivative Instruments Gain Loss Reclassification From Accumulated Oci To Income Estimated Net Amount To Be Transferred
DerivativeInstrumentsGainLossReclassificationFromAccumulatedOCIToIncomeEstimatedNetAmountToBeTransferred
-100000 USD
CY2019Q3 us-gaap Derivative Net Liability Position Aggregate Fair Value
DerivativeNetLiabilityPositionAggregateFairValue
7800000 USD
CY2018Q4 us-gaap Derivative Net Liability Position Aggregate Fair Value
DerivativeNetLiabilityPositionAggregateFairValue
6000000.0 USD
CY2019Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
69000 USD
CY2018Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
64000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
198000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
189000 USD
CY2019Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
25000000 shares
CY2019Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2019Q3 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2019Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
500000000 shares
CY2019Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2019Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
68417182 shares
CY2019Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.2875
CY2019Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.2875
CY2019Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.2875
CY2019Q3 us-gaap Units Of Partnership Interest Amount
UnitsOfPartnershipInterestAmount
289392 shares
CY2019Q3 us-gaap Redeemable Noncontrolling Interest Equity Redemption Value
RedeemableNoncontrollingInterestEquityRedemptionValue
8200000 USD
CY2018Q4 us-gaap Redeemable Noncontrolling Interest Equity Redemption Value
RedeemableNoncontrollingInterestEquityRedemptionValue
10800000 USD
CY2019Q3 us-gaap Units Of Partnership Interest Amount
UnitsOfPartnershipInterestAmount
289392 shares
CY2019Q3 fcpt Redeemable Noncontrolling Interest Equity Redemptions Settled Units For Cash
RedeemableNoncontrollingInterestEquityRedemptionsSettledUnitsForCash
0 shares
us-gaap Limited Partners Capital Account Distribution Amount
LimitedPartnersCapitalAccountDistributionAmount
267000 USD
CY2019Q3 fcpt Redeemable Noncontrolling Interest Equity Redemptions Settled Units
RedeemableNoncontrollingInterestEquityRedemptionsSettledUnits
119928 shares
fcpt Redeemable Noncontrolling Interest Equity Redemptions Settled Units For Cash
RedeemableNoncontrollingInterestEquityRedemptionsSettledUnitsForCash
113962 shares
fcpt Redeemable Noncontrolling Interest Equity Redemptions Settled Units Weighted Average Price
RedeemableNoncontrollingInterestEquityRedemptionsSettledUnitsWeightedAveragePrice
27.78
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
3200000 USD
CY2019Q3 fcpt Redeemable Noncontrolling Interest Equity Redemptions Settled Common Stock
RedeemableNoncontrollingInterestEquityRedemptionsSettledCommonStock
5966 shares
CY2019Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
68315915 shares
CY2018Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
65347842 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
68274167 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
62804123 shares
CY2019Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
211272 shares
CY2018Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
230133 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
220846 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
183159 shares
CY2019Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
68527187 shares
CY2018Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
65577975 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
68495013 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
62987282 shares
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
18331000 USD
CY2018Q3 us-gaap Net Income Loss
NetIncomeLoss
17496000 USD
us-gaap Net Income Loss
NetIncomeLoss
53702000 USD
us-gaap Net Income Loss
NetIncomeLoss
61193000 USD
CY2019Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.27
CY2018Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.27
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.79
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.97
CY2019Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.27
CY2018Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.27
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.78
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.97
CY2019Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
146335 shares
CY2018Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
278071 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
142558 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
311881 shares
CY2019Q3 fcpt Weighted Average Unitsof Partnership Interest Amount
WeightedAverageUnitsofPartnershipInterestAmount
289392 shares
CY2018Q3 fcpt Weighted Average Unitsof Partnership Interest Amount
WeightedAverageUnitsofPartnershipInterestAmount
409320 shares
fcpt Weighted Average Unitsof Partnership Interest Amount
WeightedAverageUnitsofPartnershipInterestAmount
310599 shares
fcpt Weighted Average Unitsof Partnership Interest Amount
WeightedAverageUnitsofPartnershipInterestAmount
409320 shares
CY2015Q4 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
2100000 shares
CY2019Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
1475745 shares
CY2019Q3 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Share Based Awards Other Than Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedShareBasedAwardsOtherThanOptions
3900000 USD
CY2018Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Share Based Awards Other Than Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedShareBasedAwardsOtherThanOptions
3068000 USD
fcpt Employee Service Sharebased Compensation Nonvested Awards Compensation Notyet Recognized Sharebased Awards Otherthan Options Grantsin Period
EmployeeServiceSharebasedCompensationNonvestedAwardsCompensationNotyetRecognizedSharebasedAwardsOtherthanOptionsGrantsinPeriod
3684000 USD
fcpt Employee Service Sharebased Compensation Nonvested Awards Compensation Notyet Recognized Sharebased Awards Otherthan Options Forfeitedin Period
EmployeeServiceSharebasedCompensationNonvestedAwardsCompensationNotyetRecognizedSharebasedAwardsOtherthanOptionsForfeitedinPeriod
27000 USD
fcpt Employee Service Sharebased Compensation Nonvested Awards Compensation Notyet Recognized Sharebased Awards Otherthan Options Compensation Expensein Period
EmployeeServiceSharebasedCompensationNonvestedAwardsCompensationNotyetRecognizedSharebasedAwardsOtherthanOptionsCompensationExpenseinPeriod
2792000 USD
CY2019Q3 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Share Based Awards Other Than Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedShareBasedAwardsOtherThanOptions
3933000 USD
us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P2Y
CY2019Q3 us-gaap Derivative Liabilities
DerivativeLiabilities
7955000 USD
CY2019Q3 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
2 segment
CY2019Q3 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
40183000 USD
CY2019Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
3389000 USD
CY2019Q3 us-gaap Cost Of Goods And Services Sold Depreciation And Amortization
CostOfGoodsAndServicesSoldDepreciationAndAmortization
6653000 USD
CY2019Q3 us-gaap Operating Expenses
OperatingExpenses
15193000 USD
CY2019Q3 us-gaap Interest Expense
InterestExpense
6665000 USD
CY2019Q3 us-gaap Other Income
OtherIncome
153000 USD
CY2019Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
69000 USD
CY2019Q3 us-gaap Profit Loss
ProfitLoss
18409000 USD
CY2018Q3 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
36122000 USD
CY2018Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
3116000 USD
CY2018Q3 us-gaap Cost Of Goods And Services Sold Depreciation And Amortization
CostOfGoodsAndServicesSoldDepreciationAndAmortization
5743000 USD
CY2018Q3 us-gaap Operating Expenses
OperatingExpenses
13681000 USD
CY2018Q3 us-gaap Interest Expense
InterestExpense
4934000 USD
CY2018Q3 us-gaap Other Income
OtherIncome
164000 USD
CY2018Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
64000 USD
CY2018Q3 us-gaap Profit Loss
ProfitLoss
17607000 USD
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
119352000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
10766000 USD
us-gaap Cost Of Goods And Services Sold Depreciation And Amortization
CostOfGoodsAndServicesSoldDepreciationAndAmortization
19532000 USD
us-gaap Operating Expenses
OperatingExpenses
46111000 USD
us-gaap Interest Expense
InterestExpense
19969000 USD
us-gaap Other Income
OtherIncome
872000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
198000 USD
us-gaap Profit Loss
ProfitLoss
53946000 USD
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
105600000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
9809000 USD
us-gaap Cost Of Goods And Services Sold Depreciation And Amortization
CostOfGoodsAndServicesSoldDepreciationAndAmortization
16312000 USD
us-gaap Operating Expenses
OperatingExpenses
40780000 USD
us-gaap Interest Expense
InterestExpense
14667000 USD
us-gaap Other Income
OtherIncome
752000 USD
us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
10879000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
189000 USD
us-gaap Profit Loss
ProfitLoss
61595000 USD
CY2019Q3 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
1865458000 USD
CY2019Q3 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
629876000 USD
CY2019Q3 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
1235582000 USD
CY2019Q3 us-gaap Cash
Cash
29789000 USD
CY2019Q3 us-gaap Assets
Assets
1347780000 USD
CY2019Q3 us-gaap Notes Payable
NotesPayable
617428000 USD
CY2018Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
1805281000 USD
CY2018Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
614584000 USD
CY2018Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
1190697000 USD
CY2018Q4 us-gaap Cash
Cash
92041000 USD
CY2018Q4 us-gaap Assets
Assets
1343098000 USD
CY2018Q4 us-gaap Notes Payable
NotesPayable
615892000 USD
CY2019Q3 fcpt Asset Acquisition Contingent Liability
AssetAcquisitionContingentLiability
0 USD

Files In Submission

Name View Source Status
0001650132-19-000092-index-headers.html Edgar Link pending
0001650132-19-000092-index.html Edgar Link pending
0001650132-19-000092.txt Edgar Link pending
0001650132-19-000092-xbrl.zip Edgar Link pending
ex31a-fcptq3201910.htm Edgar Link pending
ex31b-fcptq3201910.htm Edgar Link pending
ex32a-fcptq3201910.htm Edgar Link pending
ex32b-fcptq3201910.htm Edgar Link pending
fcpt-20190930.xsd Edgar Link pending
fcpt-20190930_cal.xml Edgar Link unprocessable
fcpt-20190930_def.xml Edgar Link unprocessable
fcpt-20190930_lab.xml Edgar Link unprocessable
fcpt-20190930_pre.xml Edgar Link unprocessable
fcptq3201910-q.htm Edgar Link pending
fcptq3201910-q_htm.xml Edgar Link completed
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R69.htm Edgar Link pending
R7.htm Edgar Link pending
R70.htm Edgar Link pending
R71.htm Edgar Link pending
R72.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
R9999.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending