2020 Q4 Form 10-K Financial Statement

#000165013221000026 Filed on February 19, 2021

View on sec.gov

Income Statement

Concept 2020 Q4 2019 Q4 2019 Q3
Revenue $44.62M $40.88M $40.18M
YoY Change 9.14% 7.48% 11.24%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $9.000M $8.570M $8.540M
YoY Change 5.02% 4.64% 7.56%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $7.700M $6.800M $6.600M
YoY Change 13.24% 11.48% 15.79%
% of Gross Profit
Operating Expenses $16.76M $15.35M $15.19M
YoY Change 9.21% -2.91% 11.19%
Operating Profit
YoY Change
Interest Expense $7.499M $6.547M $6.665M
YoY Change 14.54% 23.69% 35.08%
% of Operating Profit
Other Income/Expense, Net $0.00 $70.00K $150.0K
YoY Change -100.0% 133.33% -6.25%
Pretax Income $20.36M $19.06M $18.48M
YoY Change 6.82% -10.96% 4.58%
Income Tax $55.00K $67.00K $69.00K
% Of Pretax Income 0.27% 0.35% 0.37%
Net Earnings $20.31M $18.99M $18.33M
YoY Change 6.92% -10.96% 4.77%
Net Earnings / Revenue 45.51% 46.46% 45.62%
Basic Earnings Per Share $0.27 $0.27 $0.27
Diluted Earnings Per Share $0.27 $0.27 $0.27
COMMON SHARES
Basic Shares Outstanding 73.45M shares 68.92M shares 68.32M shares
Diluted Shares Outstanding 68.53M shares

Balance Sheet

Concept 2020 Q4 2019 Q4 2019 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $11.10M $5.100M $29.80M
YoY Change 117.65% -94.46% 10.78%
Cash & Equivalents $11.06M $5.083M $29.79M
Short-Term Investments
Other Short-Term Assets $1.100M $800.0K $300.0K
YoY Change 37.5% 0.0% -25.0%
Inventory $183.0K $196.0K $132.0K
Prepaid Expenses
Receivables $1.000M $400.0K $200.0K
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $13.40M $6.500M $30.40M
YoY Change 106.15% -93.07% 9.35%
LONG-TERM ASSETS
Property, Plant & Equipment $1.503B $1.336B $1.241B
YoY Change 12.5% 12.19% 7.65%
Goodwill
YoY Change
Intangibles $96.29M $57.92M $35.99M
YoY Change 66.26% 204.86% 186.78%
Long-Term Investments
YoY Change
Other Assets $53.90M $43.60M $39.10M
YoY Change 23.62% 31.72% 32.09%
Total Long-Term Assets $1.655B $1.440B $1.317B
YoY Change 14.95% 15.23% 9.02%
TOTAL ASSETS
Total Short-Term Assets $13.40M $6.500M $30.40M
Total Long-Term Assets $1.655B $1.440B $1.317B
Total Assets $1.668B $1.446B $1.348B
YoY Change 15.36% 7.67% 9.03%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $400.0K $800.0K $400.0K
YoY Change -50.0% -20.0% -50.0%
Accrued Expenses $9.900M $8.300M $12.40M
YoY Change 19.28% 118.42% 153.06%
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 $46.30M $40.90M $41.30M
YoY Change 13.2% 57.31% 27.08%
LONG-TERM LIABILITIES
Long-Term Debt $753.9M $669.9M $617.4M
YoY Change 12.54% 8.77% 19.44%
Other Long-Term Liabilities $23.60M $8.500M $10.50M
YoY Change 177.65% 269.57% 517.65%
Total Long-Term Liabilities $777.5M $678.4M $627.9M
YoY Change 14.61% 9.74% 21.08%
TOTAL LIABILITIES
Total Short-Term Liabilities $46.30M $40.90M $41.30M
Total Long-Term Liabilities $777.5M $678.4M $627.9M
Total Liabilities $823.7M $719.3M $669.3M
YoY Change 14.51% 11.67% 21.44%
SHAREHOLDERS EQUITY
Retained Earnings $26.67M $38.40M $40.81M
YoY Change -30.54% -16.55% -8.07%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $841.4M $721.1M $672.8M
YoY Change
Total Liabilities & Shareholders Equity $1.668B $1.446B $1.348B
YoY Change 15.36% 7.67% 9.03%

Cashflow Statement

Concept 2020 Q4 2019 Q4 2019 Q3
OPERATING ACTIVITIES
Net Income $20.31M $18.99M $18.33M
YoY Change 6.92% -10.96% 4.77%
Depreciation, Depletion And Amortization $7.700M $6.800M $6.600M
YoY Change 13.24% 11.48% 15.79%
Cash From Operating Activities $26.10M $23.40M $27.30M
YoY Change 11.54% 54.97% 10.08%
INVESTING ACTIVITIES
Capital Expenditures -$107.0M -$124.1M -$16.50M
YoY Change -13.78% 138.65% -90.75%
Acquisitions
YoY Change
Other Investing Activities $400.0K -$1.900M -$500.0K
YoY Change -121.05% -133.93%
Cash From Investing Activities -$106.7M -$126.0M -$17.00M
YoY Change -15.32% 171.55% -90.46%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 73.90M 77.80M -19.70M
YoY Change -5.01% -20.37% -121.51%
NET CHANGE
Cash From Operating Activities 26.10M 23.40M 27.30M
Cash From Investing Activities -106.7M -126.0M -17.00M
Cash From Financing Activities 73.90M 77.80M -19.70M
Net Change In Cash -6.700M -24.80M -9.400M
YoY Change -72.98% -137.35% -84.79%
FREE CASH FLOW
Cash From Operating Activities $26.10M $23.40M $27.30M
Capital Expenditures -$107.0M -$124.1M -$16.50M
Free Cash Flow $133.1M $147.5M $43.80M
YoY Change -9.76% 119.82% -78.43%

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CY2019 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
900000 USD
CY2019Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
726741000 USD
CY2020 us-gaap Profit Loss
ProfitLoss
77567000 USD
CY2020 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
-22240000 USD
CY2020 us-gaap Minority Interest Decrease From Redemptions
MinorityInterestDecreaseFromRedemptions
813000 USD
CY2020 us-gaap Dividends Common Stock
DividendsCommonStock
89309000 USD
CY2020 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
809000 USD
CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
844501000 USD
CY2020 us-gaap Profit Loss
ProfitLoss
77567000 USD
CY2019 us-gaap Profit Loss
ProfitLoss
72939000 USD
CY2018 us-gaap Profit Loss
ProfitLoss
82929000 USD
CY2020 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
29433000 USD
CY2019 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
26312000 USD
CY2018 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
23884000 USD
CY2020 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
0 USD
CY2019 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
0 USD
CY2018 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
15271000 USD
CY2020 fcpt Gain Loss On Exchange Of Non Financial Assets
GainLossOnExchangeOfNonFinancialAssets
0 USD
CY2019 fcpt Gain Loss On Exchange Of Non Financial Assets
GainLossOnExchangeOfNonFinancialAssets
0 USD
CY2018 fcpt Gain Loss On Exchange Of Non Financial Assets
GainLossOnExchangeOfNonFinancialAssets
228000 USD
CY2020 fcpt Non Cash Revenue Adjustments
NonCashRevenueAdjustments
1296000 USD
CY2019 fcpt Non Cash Revenue Adjustments
NonCashRevenueAdjustments
158000 USD
CY2018 fcpt Non Cash Revenue Adjustments
NonCashRevenueAdjustments
64000 USD
CY2020 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
2132000 USD
CY2019 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
2050000 USD
CY2018 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
1834000 USD
CY2020 us-gaap Share Based Compensation
ShareBasedCompensation
3376000 USD
CY2019 us-gaap Share Based Compensation
ShareBasedCompensation
3602000 USD
CY2018 us-gaap Share Based Compensation
ShareBasedCompensation
3967000 USD
CY2020 us-gaap Increase Decrease In Derivative Assets
IncreaseDecreaseInDerivativeAssets
7839000 USD
CY2019 us-gaap Increase Decrease In Derivative Assets
IncreaseDecreaseInDerivativeAssets
4000 USD
CY2018 us-gaap Increase Decrease In Derivative Assets
IncreaseDecreaseInDerivativeAssets
-29000 USD
CY2020 fcpt Increase Decreasein Straight Line Rent Adjustment
IncreaseDecreaseinStraightLineRentAdjustment
8588000 USD
CY2019 fcpt Increase Decreasein Straight Line Rent Adjustment
IncreaseDecreaseinStraightLineRentAdjustment
9207000 USD
CY2018 fcpt Increase Decreasein Straight Line Rent Adjustment
IncreaseDecreaseinStraightLineRentAdjustment
9288000 USD
CY2020 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
1463000 USD
CY2019 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
8854000 USD
CY2018 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-6686000 USD
CY2020 fcpt Lessor Payments Of Lease Incentives To Tenants
LessorPaymentsOfLeaseIncentivesToTenants
4238000 USD
CY2019 fcpt Lessor Payments Of Lease Incentives To Tenants
LessorPaymentsOfLeaseIncentivesToTenants
0 USD
CY2018 fcpt Lessor Payments Of Lease Incentives To Tenants
LessorPaymentsOfLeaseIncentivesToTenants
0 USD
CY2020 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
3144000 USD
CY2019 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
31000 USD
CY2018 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
351000 USD
CY2020 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
91458000 USD
CY2019 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
104673000 USD
CY2018 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
80883000 USD
CY2020 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
230533000 USD
CY2019 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
205154000 USD
CY2018 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
268266000 USD
CY2020 us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
0 USD
CY2019 us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
0 USD
CY2018 us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
21139000 USD
CY2020 us-gaap Payments For Proceeds From Deposits On Real Estate Acquisitions
PaymentsForProceedsFromDepositsOnRealEstateAcquisitions
-1460000 USD
CY2019 us-gaap Payments For Proceeds From Deposits On Real Estate Acquisitions
PaymentsForProceedsFromDepositsOnRealEstateAcquisitions
2199000 USD
CY2018 us-gaap Payments For Proceeds From Deposits On Real Estate Acquisitions
PaymentsForProceedsFromDepositsOnRealEstateAcquisitions
-81000 USD
CY2020 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-229073000 USD
CY2019 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-207353000 USD
CY2018 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-247046000 USD
CY2020 us-gaap Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
125000000 USD
CY2019 us-gaap Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
0 USD
CY2018 us-gaap Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
100000000 USD
CY2020 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
1194000 USD
CY2019 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
0 USD
CY2018 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
1481000 USD
CY2020 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
176500000 USD
CY2019 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
52000000 USD
CY2018 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
25000000 USD
CY2020 us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
218500000 USD
CY2019 us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
0 USD
CY2018 us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
25000000 USD
CY2020 us-gaap Payments Of Dividends
PaymentsOfDividends
86328000 USD
CY2019 us-gaap Payments Of Dividends
PaymentsOfDividends
78488000 USD
CY2018 us-gaap Payments Of Dividends
PaymentsOfDividends
69494000 USD
CY2020 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
248000 USD
CY2019 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
355000 USD
CY2018 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
456000 USD
CY2020 us-gaap Payments For Repurchase Of Redeemable Noncontrolling Interest
PaymentsForRepurchaseOfRedeemableNoncontrollingInterest
813000 USD
CY2019 us-gaap Payments For Repurchase Of Redeemable Noncontrolling Interest
PaymentsForRepurchaseOfRedeemableNoncontrollingInterest
3167000 USD
CY2018 us-gaap Payments For Repurchase Of Redeemable Noncontrolling Interest
PaymentsForRepurchaseOfRedeemableNoncontrollingInterest
0 USD
CY2020 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
2567000 USD
CY2019 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
2702000 USD
CY2018 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
393000 USD
CY2020 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
143596000 USD
CY2019 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
14521000 USD
CY2018 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
190034000 USD
CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
5981000 USD
CY2019 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-88159000 USD
CY2018 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
23871000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
5083000 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
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
11064000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
5083000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
93242000 USD
CY2020 us-gaap Interest Paid Net
InterestPaidNet
23227000 USD
CY2019 us-gaap Interest Paid Net
InterestPaidNet
25948000 USD
CY2018 us-gaap Interest Paid Net
InterestPaidNet
20218000 USD
CY2020 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
597000 USD
CY2019 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
589000 USD
CY2018 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
470000 USD
CY2020 us-gaap Proceeds From Lease Payments
ProceedsFromLeasePayments
143146000 USD
CY2019 us-gaap Proceeds From Lease Payments
ProceedsFromLeasePayments
129699000 USD
CY2020 us-gaap Operating Lease Payments
OperatingLeasePayments
698000 USD
CY2019 us-gaap Operating Lease Payments
OperatingLeasePayments
415000 USD
CY2020Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
24058000 USD
CY2019Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
21325000 USD
CY2018Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
19580000 USD
CY2020 us-gaap Change In Unrealized Gain Loss On Fair Value Hedging Instruments1
ChangeInUnrealizedGainLossOnFairValueHedgingInstruments1
-14401000 USD
CY2019 us-gaap Change In Unrealized Gain Loss On Fair Value Hedging Instruments1
ChangeInUnrealizedGainLossOnFairValueHedgingInstruments1
-9536000 USD
CY2018 us-gaap Change In Unrealized Gain Loss On Fair Value Hedging Instruments1
ChangeInUnrealizedGainLossOnFairValueHedgingInstruments1
993000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
93242000 USD
CY2020Q2 fcpt Rent Deferrals Agreed Amount Of Contractual Base Rent
RentDeferralsAgreedAmountOfContractualBaseRent
1000000.0 USD
CY2020Q2 fcpt Lessor Rental Revenue With Rent Abatements Under Lease Amendments
LessorRentalRevenueWithRentAbatementsUnderLeaseAmendments
1600000 USD
CY2020 us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-bottom:6pt;margin-top:9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:138%">Use of Estimates</span></div><div style="margin-bottom:6pt;margin-top:10pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:138%">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 sales 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>
CY2019 us-gaap Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
0 USD
CY2020 us-gaap Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
0 USD
CY2018 us-gaap Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
1500000 USD
CY2020 fcpt Number Of Properties Held For Sale
NumberOfPropertiesHeldForSale
2 USD
CY2019Q4 us-gaap Real Estate Heldforsale
RealEstateHeldforsale
0 USD
CY2020Q4 fcpt Lessor Rental Revenue With Rent Abatements Under Lease Amendments
LessorRentalRevenueWithRentAbatementsUnderLeaseAmendments
0 USD
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
11064000 USD
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
5083000 USD
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
92041000 USD
CY2020Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
0 USD
CY2019Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
0 USD
CY2018Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
1201000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
11064000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
5083000 USD
CY2020 us-gaap Derivatives Methods Of Accounting Hedging Derivatives
DerivativesMethodsOfAccountingHedgingDerivatives
<div style="margin-bottom:6pt;margin-top:9pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:138%">Derivative Instruments and Hedging Activities</span></div><div style="margin-bottom:6pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:138%">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 Sheets 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="margin-bottom:6pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:138%">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 GAAP, changes in the derivatives’ fair value are not included in current earnings but are included in accumulated other comprehensive income (loss), 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>
CY2020Q3 fcpt Lessor Rental Revenue With Rent Abatements Under Lease Amendments
LessorRentalRevenueWithRentAbatementsUnderLeaseAmendments
0 USD
CY2020 fcpt Lessor Payments Of Lease Incentives To Tenants
LessorPaymentsOfLeaseIncentivesToTenants
4200000 USD
CY2020Q4 fcpt Redeemable Noncontrolling Interest Equity Redemption Ratio
RedeemableNoncontrollingInterestEquityRedemptionRatio
1 shares
CY2020Q4 us-gaap Number Of Restaurants
NumberOfRestaurants
309 restaurant
CY2020Q4 us-gaap Number Of States In Which Entity Operates
NumberOfStatesInWhichEntityOperates
46 state
CY2020Q4 us-gaap Derivative Asset Fair Value Gross Liability And Obligation To Return Cash Offset
DerivativeAssetFairValueGrossLiabilityAndObligationToReturnCashOffset
18000000.0 USD
CY2020Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
96291000 USD
CY2019Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
57917000 USD
CY2020Q4 fcpt Real Estate Investment Property And Intangible Asset Net
RealEstateInvestmentPropertyAndIntangibleAssetNet
1593813000 USD
CY2019Q4 fcpt Real Estate Investment Property And Intangible Asset Net
RealEstateInvestmentPropertyAndIntangibleAssetNet
1390021000 USD
CY2020 fcpt Real Estate Investments Contingent Consideration
RealEstateInvestmentsContingentConsideration
0 USD
CY2020Q4 us-gaap Number Of Properties Subject To Ground Leases
NumberOfPropertiesSubjectToGroundLeases
3 property
CY2020 fcpt Real Estate Investments Contingent Consideration
RealEstateInvestmentsContingentConsideration
0 USD
CY2020Q4 us-gaap Lease Incentive Receivable
LeaseIncentiveReceivable
5846000 USD
CY2019Q4 us-gaap Lease Incentive Receivable
LeaseIncentiveReceivable
0 USD
CY2020Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
25607000 USD
CY2019Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
16063000 USD
CY2020Q4 fcpt Intangible Assets Gross Excluding Goodwill And Finance Lease Right Of Use Asset
IntangibleAssetsGrossExcludingGoodwillAndFinanceLeaseRightOfUseAsset
109122000 USD
CY2019Q4 fcpt Intangible Assets Gross Excluding Goodwill And Finance Lease Right Of Use Asset
IntangibleAssetsGrossExcludingGoodwillAndFinanceLeaseRightOfUseAsset
62661000 USD
CY2020Q4 fcpt Finite Lived Intangible Assets And Finance Lease Right Of Use Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAndFinanceLeaseRightOfUseAssetsAccumulatedAmortization
12831000 USD
CY2019Q4 fcpt Finite Lived Intangible Assets And Finance Lease Right Of Use Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAndFinanceLeaseRightOfUseAssetsAccumulatedAmortization
4744000 USD
CY2020Q4 fcpt Intangible Assets Net Excluding Goodwill And Finance Lease Right Of Use Assets
IntangibleAssetsNetExcludingGoodwillAndFinanceLeaseRightOfUseAssets
96291000 USD
CY2019Q4 fcpt Intangible Assets Net Excluding Goodwill And Finance Lease Right Of Use Assets
IntangibleAssetsNetExcludingGoodwillAndFinanceLeaseRightOfUseAssets
57917000 USD
CY2020Q4 us-gaap Below Market Lease Gross
BelowMarketLeaseGross
2978000 USD
CY2019Q4 us-gaap Below Market Lease Gross
BelowMarketLeaseGross
1923000 USD
CY2020Q4 us-gaap Below Market Lease Accumulated Amortization
BelowMarketLeaseAccumulatedAmortization
613000 USD
CY2019Q4 us-gaap Below Market Lease Accumulated Amortization
BelowMarketLeaseAccumulatedAmortization
155000 USD
CY2020Q4 us-gaap Below Market Lease Net
BelowMarketLeaseNet
2365000 USD
CY2019Q4 us-gaap Below Market Lease Net
BelowMarketLeaseNet
1768000 USD
CY2020 fcpt Intangible Lease Assets And Liabilities Weighted Average Amortization Period
IntangibleLeaseAssetsAndLiabilitiesWeightedAverageAmortizationPeriod
P9Y8M12D
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
9849000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
9296000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
7641000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
6719000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
5894000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
23229000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
62628000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
673000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
693000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
705000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
718000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
470000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
5381000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
8640000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
2582000 USD
CY2020Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
6058000 USD
CY2020Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0409
CY2020Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P17Y
CY2020 us-gaap Operating Lease Cost
OperatingLeaseCost
765000 USD
CY2019 us-gaap Operating Lease Cost
OperatingLeaseCost
663000 USD
CY2018 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
716000 USD
CY2020 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
152393000 USD
CY2020 us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
2328000 USD
CY2020 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
154721000 USD
CY2020Q4 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
156753000 USD
CY2020Q4 us-gaap Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
158382000 USD
CY2020Q4 us-gaap Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
158656000 USD
CY2020Q4 us-gaap Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
159132000 USD
CY2020Q4 us-gaap Lessor Operating Lease Payments To Be Received Five Years
LessorOperatingLeasePaymentsToBeReceivedFiveYears
159017000 USD
CY2020Q4 us-gaap Lessor Operating Lease Payments To Be Received Thereafter
LessorOperatingLeasePaymentsToBeReceivedThereafter
966890000 USD
CY2020Q4 us-gaap Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
1758830000 USD
CY2020Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
6100000 USD
CY2019Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
7100000 USD
CY2020Q4 us-gaap Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
0.0144
CY2019Q4 us-gaap Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
0.0301
CY2020Q4 us-gaap Derivative Number Of Instruments Held
DerivativeNumberOfInstrumentsHeld
4 swap
CY2020Q4 us-gaap Derivative Notional Amount
DerivativeNotionalAmount
350000000 USD
CY2020Q4 us-gaap Derivative Net Liability Position Aggregate Fair Value
DerivativeNetLiabilityPositionAggregateFairValue
18000000.0 USD
CY2019Q4 us-gaap Derivative Net Liability Position Aggregate Fair Value
DerivativeNetLiabilityPositionAggregateFairValue
3600000 USD
CY2020Q4 us-gaap Derivative Net Liability Position Aggregate Fair Value
DerivativeNetLiabilityPositionAggregateFairValue
18000000.0 USD
CY2020Q4 fcpt Prepaid Acquisition Expense And Deposits
PrepaidAcquisitionExpenseAndDeposits
3159000 USD
CY2019Q4 fcpt Prepaid Acquisition Expense And Deposits
PrepaidAcquisitionExpenseAndDeposits
4219000 USD
CY2020Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
5397000 USD
CY2019Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
3810000 USD
CY2020Q4 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
1134000 USD
CY2019Q4 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
845000 USD
CY2020Q4 us-gaap Accounts Receivable Net
AccountsReceivableNet
1035000 USD
CY2019Q4 us-gaap Accounts Receivable Net
AccountsReceivableNet
380000 USD
CY2020Q4 us-gaap Inventory Net
InventoryNet
183000 USD
CY2019Q4 us-gaap Inventory Net
InventoryNet
196000 USD
CY2020Q4 us-gaap Other Assets Miscellaneous
OtherAssetsMiscellaneous
931000 USD
CY2019Q4 us-gaap Other Assets Miscellaneous
OtherAssetsMiscellaneous
715000 USD
CY2020Q4 us-gaap Other Assets
OtherAssets
11839000 USD
CY2019Q4 us-gaap Other Assets
OtherAssets
10165000 USD
CY2020Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
6058000 USD
CY2019Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
4403000 USD
CY2020Q4 fcpt Intangible Lease Liabilities Net
IntangibleLeaseLiabilitiesNet
2365000 USD
CY2019Q4 fcpt Intangible Lease Liabilities Net
IntangibleLeaseLiabilitiesNet
1768000 USD
CY2020Q4 us-gaap Deferred Compensation Liability Current And Noncurrent
DeferredCompensationLiabilityCurrentAndNoncurrent
2005000 USD
CY2019Q4 us-gaap Deferred Compensation Liability Current And Noncurrent
DeferredCompensationLiabilityCurrentAndNoncurrent
1913000 USD
CY2020Q4 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
1597000 USD
CY2019Q4 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
1572000 USD
CY2020Q4 us-gaap Accounts Payable Current And Noncurrent
AccountsPayableCurrentAndNoncurrent
376000 USD
CY2019Q4 us-gaap Accounts Payable Current And Noncurrent
AccountsPayableCurrentAndNoncurrent
799000 USD
CY2020Q4 fcpt Accrued Operating Expenses
AccruedOperatingExpenses
223000 USD
CY2019Q4 fcpt Accrued Operating Expenses
AccruedOperatingExpenses
396000 USD
CY2020Q4 us-gaap Other Sundry Liabilities
OtherSundryLiabilities
2475000 USD
CY2019Q4 us-gaap Other Sundry Liabilities
OtherSundryLiabilities
1745000 USD
CY2020Q4 us-gaap Other Liabilities
OtherLiabilities
15099000 USD
CY2019Q4 us-gaap Other Liabilities
OtherLiabilities
12596000 USD
CY2020 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
-3000 USD
CY2019 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
3000 USD
CY2018 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0 USD
CY2020 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
250000 USD
CY2019 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
262000 USD
CY2018 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
262000 USD
CY2020 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
247000 USD
CY2019 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
265000 USD
CY2018 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
262000 USD
CY2020 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
0 USD
CY2019 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
0 USD
CY2018 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
0 USD
CY2020 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
0 USD
CY2019 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
0 USD
CY2018 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
0 USD
CY2020 fcpt Deferred Income Tax Expense Benefit Including Other
DeferredIncomeTaxExpenseBenefitIncludingOther
0 USD
CY2019 fcpt Deferred Income Tax Expense Benefit Including Other
DeferredIncomeTaxExpenseBenefitIncludingOther
0 USD
CY2018 fcpt Deferred Income Tax Expense Benefit Including Other
DeferredIncomeTaxExpenseBenefitIncludingOther
0 USD
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
247000 USD
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
265000 USD
CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
262000 USD
CY2020 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2019 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2018 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210
CY2020 fcpt Effective Income Tax Rate Reconciliation Real Estate Investment Trust Election Percent
EffectiveIncomeTaxRateReconciliationRealEstateInvestmentTrustElectionPercent
-0.212
CY2019 fcpt Effective Income Tax Rate Reconciliation Real Estate Investment Trust Election Percent
EffectiveIncomeTaxRateReconciliationRealEstateInvestmentTrustElectionPercent
-0.210
CY2018 fcpt Effective Income Tax Rate Reconciliation Real Estate Investment Trust Election Percent
EffectiveIncomeTaxRateReconciliationRealEstateInvestmentTrustElectionPercent
-0.210
CY2020 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.003
CY2019 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.008
CY2018 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.007
CY2020 us-gaap Effective Income Tax Rate Reconciliation Tax Credits
EffectiveIncomeTaxRateReconciliationTaxCredits
0
CY2019 us-gaap Effective Income Tax Rate Reconciliation Tax Credits
EffectiveIncomeTaxRateReconciliationTaxCredits
0
CY2018 us-gaap Effective Income Tax Rate Reconciliation Tax Credits
EffectiveIncomeTaxRateReconciliationTaxCredits
0
CY2020 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
0.002
CY2019 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
0
CY2018 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
0
CY2020 us-gaap Effective Income Tax Rate Reconciliation Tax Exempt Income
EffectiveIncomeTaxRateReconciliationTaxExemptIncome
0
CY2019 us-gaap Effective Income Tax Rate Reconciliation Tax Exempt Income
EffectiveIncomeTaxRateReconciliationTaxExemptIncome
0
CY2018 us-gaap Effective Income Tax Rate Reconciliation Tax Exempt Income
EffectiveIncomeTaxRateReconciliationTaxExemptIncome
0
CY2020 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.003
CY2019 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.008
CY2018 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.007
CY2020Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Compensation
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeCompensation
32000 USD
CY2019Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Compensation
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeCompensation
40000 USD
CY2018Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Compensation
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeCompensation
37000 USD
CY2020Q4 us-gaap Deferred Tax Assets Charitable Contribution Carryforwards
DeferredTaxAssetsCharitableContributionCarryforwards
816000 USD
CY2019Q4 us-gaap Deferred Tax Assets Charitable Contribution Carryforwards
DeferredTaxAssetsCharitableContributionCarryforwards
636000 USD
CY2018Q4 us-gaap Deferred Tax Assets Charitable Contribution Carryforwards
DeferredTaxAssetsCharitableContributionCarryforwards
484000 USD
CY2020Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
145000 USD
CY2019Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
0 USD
CY2018Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
0 USD
CY2020Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Deferred Rent
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsDeferredRent
133000 USD
CY2019Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Deferred Rent
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsDeferredRent
139000 USD
CY2018Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Deferred Rent
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsDeferredRent
148000 USD
CY2020Q4 us-gaap Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
12000 USD
CY2019Q4 us-gaap Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
13000 USD
CY2018Q4 us-gaap Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
12000 USD
CY2020Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
1138000 USD
CY2019Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
828000 USD
CY2018Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
681000 USD
CY2020Q4 us-gaap Deferred Tax Liabilities Prepaid Expenses
DeferredTaxLiabilitiesPrepaidExpenses
28000 USD
CY2019Q4 us-gaap Deferred Tax Liabilities Prepaid Expenses
DeferredTaxLiabilitiesPrepaidExpenses
25000 USD
CY2018Q4 us-gaap Deferred Tax Liabilities Prepaid Expenses
DeferredTaxLiabilitiesPrepaidExpenses
24000 USD
CY2020Q4 us-gaap Deferred Tax Liabilities Leasing Arrangements
DeferredTaxLiabilitiesLeasingArrangements
0 USD
CY2019Q4 us-gaap Deferred Tax Liabilities Leasing Arrangements
DeferredTaxLiabilitiesLeasingArrangements
0 USD
CY2018Q4 us-gaap Deferred Tax Liabilities Leasing Arrangements
DeferredTaxLiabilitiesLeasingArrangements
0 USD
CY2020Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
285000 USD
CY2019Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
275000 USD
CY2018Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
284000 USD
CY2020Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
313000 USD
CY2019Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
300000 USD
CY2018Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
308000 USD
CY2020Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
825000 USD
CY2019Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
528000 USD
CY2018Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
373000 USD
CY2020Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
0 USD
CY2019Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
0 USD
CY2018Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
0 USD
CY2020Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
25000000 shares
CY2020Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2019Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2020Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2020Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2019Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2020Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
500000000 shares
CY2020Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2020 fcpt Common Stock Vote Per Share
CommonStockVotePerShare
1 property
CY2020Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.3050
CY2020Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.3050
CY2020Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.3050
CY2020Q4 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.3175
CY2020Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
75874966 shares
CY2020Q4 us-gaap Units Of Partnership Interest Amount
UnitsOfPartnershipInterestAmount
159392 shares
CY2020 fcpt Stockholders Equity Note Stock Exchange Conversion Ratio
StockholdersEquityNoteStockExchangeConversionRatio
1 shares
CY2020Q4 us-gaap Redeemable Noncontrolling Interest Equity Redemption Value
RedeemableNoncontrollingInterestEquityRedemptionValue
4700000 USD
CY2019Q4 us-gaap Redeemable Noncontrolling Interest Equity Redemption Value
RedeemableNoncontrollingInterestEquityRedemptionValue
7900000 USD
CY2018Q4 us-gaap Redeemable Noncontrolling Interest Equity Redemption Value
RedeemableNoncontrollingInterestEquityRedemptionValue
10800000 USD
CY2020Q4 us-gaap Units Of Partnership Interest Amount
UnitsOfPartnershipInterestAmount
159392 shares
CY2020 us-gaap Limited Partners Capital Account Distribution Amount
LimitedPartnersCapitalAccountDistributionAmount
248000 USD
CY2020Q4 fcpt Redeemable Noncontrolling Interest Equity Redemptions Settled Units
RedeemableNoncontrollingInterestEquityRedemptionsSettledUnits
130000 shares
CY2020 fcpt Redeemable Noncontrolling Interest Equity Redemptions Settled Units For Cash
RedeemableNoncontrollingInterestEquityRedemptionsSettledUnitsForCash
40000 shares
CY2020 fcpt Redeemable Noncontrolling Interest Equity Redemptions Settled Units Weighted Average Price
RedeemableNoncontrollingInterestEquityRedemptionsSettledUnitsWeightedAveragePrice
20.30
CY2020 us-gaap Payments For Repurchase Of Redeemable Noncontrolling Interest
PaymentsForRepurchaseOfRedeemableNoncontrollingInterest
800000 USD
CY2020Q4 fcpt Redeemable Noncontrolling Interest Equity Redemptions Settled Common Stock
RedeemableNoncontrollingInterestEquityRedemptionsSettledCommonStock
90000 shares
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
71312326 shares
CY2019 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
68430841 shares
CY2018 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
64041255 shares
CY2020 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
296742 shares
CY2019 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
201169 shares
CY2018 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
347674 shares
CY2020 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
71609068 shares
CY2019 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
68632010 shares
CY2018 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
64388929 shares
CY2020 us-gaap Profit Loss
ProfitLoss
77567000 USD
CY2019 us-gaap Profit Loss
ProfitLoss
72939000 USD
CY2018 us-gaap Profit Loss
ProfitLoss
82929000 USD
CY2020 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.08
CY2019 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.06
CY2018 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.29
CY2020 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.08
CY2019 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.06
CY2018 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.28
CY2020 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
154915 shares
CY2019 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
324246 shares
CY2018 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
176945 shares
CY2020 fcpt Weighted Average Unitsof Partnership Interest Amount
WeightedAverageUnitsofPartnershipInterestAmount
214905 shares
CY2019 fcpt Weighted Average Unitsof Partnership Interest Amount
WeightedAverageUnitsofPartnershipInterestAmount
289392 shares
CY2018 fcpt Weighted Average Unitsof Partnership Interest Amount
WeightedAverageUnitsofPartnershipInterestAmount
305253 shares
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
2100000 shares
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
779390 shares
CY2020Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Share Based Awards Other Than Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedShareBasedAwardsOtherThanOptions
4600000 USD
CY2019Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Share Based Awards Other Than Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedShareBasedAwardsOtherThanOptions
3123000 USD
CY2020 fcpt Employee Service Sharebased Compensation Nonvested Awards Compensation Notyet Recognized Sharebased Awards Otherthan Options Grantsin Period
EmployeeServiceSharebasedCompensationNonvestedAwardsCompensationNotyetRecognizedSharebasedAwardsOtherthanOptionsGrantsinPeriod
4947000 USD
CY2020 fcpt Employee Service Sharebased Compensation Nonvested Awards Compensation Notyet Recognized Sharebased Awards Otherthan Options Forfeitedin Period
EmployeeServiceSharebasedCompensationNonvestedAwardsCompensationNotyetRecognizedSharebasedAwardsOtherthanOptionsForfeitedinPeriod
75000 USD
CY2020 fcpt Employee Service Sharebased Compensation Nonvested Awards Compensation Notyet Recognized Sharebased Awards Otherthan Options Compensation Expensein Period
EmployeeServiceSharebasedCompensationNonvestedAwardsCompensationNotyetRecognizedSharebasedAwardsOtherthanOptionsCompensationExpenseinPeriod
3376000 USD
CY2020Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Share Based Awards Other Than Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedShareBasedAwardsOtherThanOptions
4619000 USD
CY2020 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P2Y2M12D
CY2019 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
2 segment
CY2018 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
2 segment
CY2020 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
2 segment
CY2020 us-gaap Lease Income
LeaseIncome
154721000 USD
CY2020 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
170944000 USD
CY2020 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
15046000 USD
CY2020 us-gaap Depreciation And Amortization
DepreciationAndAmortization
29433000 USD
CY2020 us-gaap Operating Expenses
OperatingExpenses
64069000 USD
CY2020 us-gaap Interest Expense
InterestExpense
29231000 USD
CY2020 us-gaap Other Income
OtherIncome
170000 USD
CY2020 us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
0 USD
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
247000 USD
CY2020 us-gaap Profit Loss
ProfitLoss
77567000 USD
CY2019 us-gaap Lease Income
LeaseIncome
139682000 USD
CY2019 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
160233000 USD
CY2019 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
13934000 USD
CY2019 us-gaap Depreciation And Amortization
DepreciationAndAmortization
26312000 USD
CY2019 us-gaap Operating Expenses
OperatingExpenses
61457000 USD
CY2019 us-gaap Interest Expense
InterestExpense
26516000 USD
CY2019 us-gaap Other Income
OtherIncome
944000 USD
CY2019 us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
0 USD
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
265000 USD
CY2019 us-gaap Profit Loss
ProfitLoss
72939000 USD
CY2018 us-gaap Lease Income
LeaseIncome
123665000 USD
CY2018 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
143635000 USD
CY2018 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
13206000 USD
CY2018 us-gaap Depreciation And Amortization
DepreciationAndAmortization
23884000 USD
CY2018 us-gaap Operating Expenses
OperatingExpenses
56537000 USD
CY2018 us-gaap Interest Expense
InterestExpense
19959000 USD
CY2018 us-gaap Other Income
OtherIncome
781000 USD
CY2018 us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
15271000 USD
CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
262000 USD
CY2018 us-gaap Profit Loss
ProfitLoss
82929000 USD
CY2020Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
2155143000 USD
CY2020Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
657621000 USD
CY2020Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
1497522000 USD
CY2020Q4 us-gaap Cash
Cash
11064000 USD
CY2020Q4 us-gaap Assets
Assets
1668179000 USD
CY2020Q4 us-gaap Notes Payable
NotesPayable
753878000 USD
CY2019Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
1967734000 USD
CY2019Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
635630000 USD
CY2019Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
1332104000 USD
CY2019Q4 us-gaap Cash
Cash
5083000 USD
CY2019Q4 us-gaap Assets
Assets
1446070000 USD
CY2019Q4 us-gaap Notes Payable
NotesPayable
669940000 USD
CY2020Q1 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
42429000 USD
CY2020Q2 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
40929000 USD
CY2020Q3 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
42968000 USD
CY2020Q4 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
44618000 USD
CY2020Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
3842000 USD
CY2020Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
3719000 USD
CY2020Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
3741000 USD
CY2020Q4 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
3744000 USD
CY2020Q1 us-gaap Depreciation And Amortization
DepreciationAndAmortization
7054000 USD
CY2020Q2 us-gaap Depreciation And Amortization
DepreciationAndAmortization
7093000 USD
CY2020Q3 us-gaap Depreciation And Amortization
DepreciationAndAmortization
7523000 USD
CY2020Q4 us-gaap Depreciation And Amortization
DepreciationAndAmortization
7763000 USD
CY2020Q1 us-gaap Operating Expenses
OperatingExpenses
16033000 USD
CY2020Q2 us-gaap Operating Expenses
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GainLossOnSaleOfProperties
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GainLossOnSaleOfProperties
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4392000 USD
CY2018Q1 us-gaap Income Tax Expense Benefit
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ProfitLoss
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48042000 USD
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244021000 USD
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1192722000 USD
CY2020Q4 fcpt Sec Schedule Iii Real Estateand Accumulated Depreciation Carrying Amountof Equipment
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134919000 USD
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191204000 USD
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164499000 USD
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SECSchedule1228RealEstateCompaniesInvestmentInRealEstateHeldForSale
3070000 USD
CY2019 fcpt Sec Schedule1228 Real Estate Companies Investment In Real Estate Held For Sale
SECSchedule1228RealEstateCompaniesInvestmentInRealEstateHeldForSale
0 USD
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725000 USD
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2046000 USD
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23019000 USD
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23092000 USD
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307000 USD
CY2019 fcpt Sec Schedule1228 Real Estate Companies Investment In Real Estate Accumulated Depreciation Investment In Real Estate Held For Sale
SECSchedule1228RealEstateCompaniesInvestmentInRealEstateAccumulatedDepreciationInvestmentInRealEstateHeldForSale
0 USD
CY2020 us-gaap Real Estate Accumulated Depreciation Real Estate Sold
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721000 USD
CY2019 us-gaap Real Estate Accumulated Depreciation Real Estate Sold
RealEstateAccumulatedDepreciationRealEstateSold
2046000 USD
CY2020Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
657621000 USD

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