$FCPT
Four Corners Property Trust, Inc. Stock $fcpt

$fcpt Overview Financials Valuation SEC Filings Company Website

2021 Q2 Form 10-Q Financial Statement

#000165013221000080 Filed on August 06, 2021

Income Statement

Concept	2021 Q2	2020 Q2
Revenue	$49.27M	$40.93M
YoY Change	20.38%	3.44%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin	$12.26M	$8.100M
YoY Change	51.31%	-7.95%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$8.424M	$7.000M
YoY Change	20.34%	7.69%
% of Gross Profit
Operating Expenses	$20.64M	$15.19M
YoY Change	35.92%	-0.86%
Operating Profit
YoY Change
Interest Expense	$8.384M	$7.319M
YoY Change	14.55%	11.62%
% of Operating Profit
Other Income/Expense, Net	$7.000K	$160.0K
YoY Change	-95.63%	-48.39%
Pretax Income	$20.25M	$18.58M
YoY Change	8.99%	3.22%
Income Tax	$71.00K	$64.00K
% Of Pretax Income	0.35%	0.34%
Net Earnings	$20.14M	$18.47M
YoY Change	9.05%	3.35%
Net Earnings / Revenue	40.87%	45.12%
Basic Earnings Per Share	$0.26	$0.26
Diluted Earnings Per Share	$0.26	$0.26
COMMON SHARES
Basic Shares Outstanding	76.06M shares	70.26M shares
Diluted Shares Outstanding	76.17M shares	70.37M shares

Balance Sheet

Concept	2021 Q2	2020 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments	$27.10M	$5.100M
YoY Change	431.29%	-87.02%
Cash & Equivalents	$27.10M	$5.098M
Short-Term Investments
Other Short-Term Assets	$720.0K	$700.0K
YoY Change	2.86%	40.0%
Inventory	$228.0K	$179.0K
Prepaid Expenses
Receivables	$1.249M	$4.400M
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$29.29M	$10.40M
YoY Change	181.66%	-74.19%
LONG-TERM ASSETS
Property, Plant & Equipment	$1.569B	$1.388B
YoY Change	13.07%	11.81%
Goodwill
YoY Change
Intangibles	$96.91M	$66.40M
YoY Change	45.95%	152.92%
Long-Term Investments
YoY Change
Other Assets	$55.57M	$46.70M
YoY Change	18.99%	30.08%
Total Long-Term Assets	$1.724B	$1.502B
YoY Change	14.8%	15.11%
TOTAL ASSETS
Total Short-Term Assets	$29.29M	$10.40M
Total Long-Term Assets	$1.724B	$1.502B
Total Assets	$1.753B	$1.512B
YoY Change	15.95%	12.43%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$688.0K	$300.0K
YoY Change	129.33%	-57.14%
Accrued Expenses	$9.625M	$10.00M
YoY Change	-3.75%	5.26%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$44.93M	$40.80M
YoY Change	10.11%	5.7%
LONG-TERM LIABILITIES
Long-Term Debt	$840.7M	$747.3M
YoY Change	12.5%	21.14%
Other Long-Term Liabilities	$18.34M	$26.70M
YoY Change	-31.33%	292.65%
Total Long-Term Liabilities	$859.0M	$774.0M
YoY Change	10.99%	24.1%
TOTAL LIABILITIES
Total Short-Term Liabilities	$44.93M	$40.80M
Total Long-Term Liabilities	$859.0M	$774.0M
Total Liabilities	$904.0M	$814.7M
YoY Change	10.95%	23.01%
SHAREHOLDERS EQUITY
Retained Earnings	$19.05M	$33.29M
YoY Change	-42.77%	-20.96%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$846.3M	$693.5M
YoY Change
Total Liabilities & Shareholders Equity	$1.753B	$1.512B
YoY Change	15.95%	12.43%

Cashflow Statement

Concept	2021 Q2	2020 Q2
OPERATING ACTIVITIES
Net Income	$20.14M	$18.47M
YoY Change	9.05%	3.35%
Depreciation, Depletion And Amortization	$8.424M	$7.000M
YoY Change	20.34%	7.69%
Cash From Operating Activities	$27.08M	$19.60M
YoY Change	38.15%	-7.11%
INVESTING ACTIVITIES
Capital Expenditures	-$48.20M	-$34.40M
YoY Change	40.12%	-22.35%
Acquisitions
YoY Change
Other Investing Activities	-$431.0K	$600.0K
YoY Change	-171.83%	500.0%
Cash From Investing Activities	-$48.63M	-$33.80M
YoY Change	43.89%	-23.36%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	37.19M	-71.20M
YoY Change	-152.23%	280.75%
NET CHANGE
Cash From Operating Activities	27.08M	19.60M
Cash From Investing Activities	-48.63M	-33.80M
Cash From Financing Activities	37.19M	-71.20M
Net Change In Cash	15.63M	-85.40M
YoY Change	-118.3%	104.8%
FREE CASH FLOW
Cash From Operating Activities	$27.08M	$19.60M
Capital Expenditures	-$48.20M	-$34.40M
Free Cash Flow	$75.28M	$54.00M
YoY Change	39.41%	-17.43%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
	dei	Entity Central Index Key EntityCentralIndexKey	0001650132
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2021
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q2
	dei	Amendment Flag AmendmentFlag	false
CY2020Q4	us-gaap	Finance Lease Right Of Use Asset Statement Of Financial Position Extensible List FinanceLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList	http://fourcornersproperties.com/20210630#IntangibleAssetsAndFinanceLeaseRightOfUseAssetAfterAccumulatedAmortization
CY2021Q2	us-gaap	Finance Lease Right Of Use Asset Statement Of Financial Position Extensible List FinanceLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList	http://fourcornersproperties.com/20210630#IntangibleAssetsAndFinanceLeaseRightOfUseAssetAfterAccumulatedAmortization
CY2020Q4	us-gaap	Finance Lease Right Of Use Asset Statement Of Financial Position Extensible List FinanceLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList	http://fourcornersproperties.com/20210630#IntangibleAssetsAndFinanceLeaseRightOfUseAssetAfterAccumulatedAmortization
CY2020Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	1668179000	USD
CY2021Q2	us-gaap	Finance Lease Right Of Use Asset Statement Of Financial Position Extensible List FinanceLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList	http://fourcornersproperties.com/20210630#IntangibleAssetsAndFinanceLeaseRightOfUseAssetAfterAccumulatedAmortization
CY2021Q2	us-gaap	Operating Lease Right Of Use Asset Statement Of Financial Position Extensible List OperatingLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList	http://fasb.org/us-gaap/2021-01-31#OtherAssets
CY2020Q4	us-gaap	Operating Lease Right Of Use Asset Statement Of Financial Position Extensible List OperatingLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList	http://fasb.org/us-gaap/2021-01-31#OtherAssets
	dei	Document Type DocumentType	10-Q
	dei	Document Quarterly Report DocumentQuarterlyReport	true
	dei	Document Period End Date DocumentPeriodEndDate	2021-06-30
	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 3215,
	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
CY2021Q3	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	76202401	shares
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	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	49381000	USD
	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	11131000	USD
CY2021Q2	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	42000	USD
CY2020Q2	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	54000	USD
CY2021Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest	1000	USD
CY2020Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest	-7000	USD
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	85000	USD
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	125000	USD
	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest	18000	USD
	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest	-96000	USD
CY2021Q2	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	43000	USD
CY2020Q2	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	47000	USD
	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	103000	USD
	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	29000	USD
CY2021Q2	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	20710000	USD
CY2020Q2	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	16101000	USD
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	49278000	USD
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	11102000	USD
CY2021Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	851901000	USD
CY2021Q2	us-gaap	Profit Loss ProfitLoss	20180000	USD
CY2021Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	573000	USD
CY2021Q2	us-gaap	Dividends Common Stock DividendsCommonStock	24207000	USD
CY2021Q2	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	876000	USD
CY2021Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	849323000	USD
CY2020Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	844501000	USD
	us-gaap	Profit Loss ProfitLoss	40802000	USD
	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	8579000	USD
	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	4659000	USD
	us-gaap	Dividends Common Stock DividendsCommonStock	48438000	USD
	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	-780000	USD
CY2021Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	849323000	USD
CY2020Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	701979000	USD
CY2020Q2	us-gaap	Profit Loss ProfitLoss	18520000	USD
CY2020Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-2372000	USD
CY2020Q2	us-gaap	Dividends Common Stock DividendsCommonStock	21483000	USD
CY2020Q2	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	788000	USD
CY2020Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	697432000	USD
CY2019Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	726741000	USD
	us-gaap	Profit Loss ProfitLoss	37856000	USD
	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-26725000	USD
	us-gaap	Minority Interest Decrease From Redemptions MinorityInterestDecreaseFromRedemptions	813000	USD
	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	4288000	USD
	us-gaap	Dividends Common Stock DividendsCommonStock	42976000	USD
	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	-939000	USD
CY2020Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	697432000	USD
	us-gaap	Profit Loss ProfitLoss	40802000	USD
	us-gaap	Profit Loss ProfitLoss	37856000	USD
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	16624000	USD
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	14148000	USD
	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment	431000	USD
	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment	0	USD
	fcpt	Non Cash Revenue Adjustments NonCashRevenueAdjustments	1054000	USD
	fcpt	Non Cash Revenue Adjustments NonCashRevenueAdjustments	387000	USD
	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	1433000	USD
	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	1046000	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	2247000	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	1628000	USD
	us-gaap	Increase Decrease In Derivative Assets IncreaseDecreaseInDerivativeAssets	-2117000	USD
	us-gaap	Increase Decrease In Derivative Assets IncreaseDecreaseInDerivativeAssets	8260000	USD
	fcpt	Increase Decreasein Straight Line Rent Adjustment IncreaseDecreaseinStraightLineRentAdjustment	3796000	USD
	fcpt	Increase Decreasein Straight Line Rent Adjustment IncreaseDecreaseinStraightLineRentAdjustment	4270000	USD
	us-gaap	Increase Decrease In Contract With Customer Liability IncreaseDecreaseInContractWithCustomerLiability	-1470000	USD
	us-gaap	Increase Decrease In Contract With Customer Liability IncreaseDecreaseInContractWithCustomerLiability	-1427000	USD
	fcpt	Lessor Payments Of Lease Incentives To Tenants LessorPaymentsOfLeaseIncentivesToTenants	426000	USD
	fcpt	Lessor Payments Of Lease Incentives To Tenants LessorPaymentsOfLeaseIncentivesToTenants	0	USD
	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	-724000	USD
	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	4440000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	58878000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	36668000	USD
	us-gaap	Payments To Acquire Commercial Real Estate PaymentsToAcquireCommercialRealEstate	84303000	USD
	us-gaap	Payments To Acquire Commercial Real Estate PaymentsToAcquireCommercialRealEstate	71963000	USD
	us-gaap	Proceeds From Sale Of Productive Assets ProceedsFromSaleOfProductiveAssets	3343000	USD
	us-gaap	Proceeds From Sale Of Productive Assets ProceedsFromSaleOfProductiveAssets	0	USD
	us-gaap	Payments For Proceeds From Deposits On Real Estate Acquisitions PaymentsForProceedsFromDepositsOnRealEstateAcquisitions	574000	USD
	us-gaap	Payments For Proceeds From Deposits On Real Estate Acquisitions PaymentsForProceedsFromDepositsOnRealEstateAcquisitions	-973000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-81534000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-70990000	USD
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	4659000	USD
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	4288000	USD
	us-gaap	Proceeds From Issuance Of Senior Long Term Debt ProceedsFromIssuanceOfSeniorLongTermDebt	100000000	USD
	us-gaap	Proceeds From Issuance Of Senior Long Term Debt ProceedsFromIssuanceOfSeniorLongTermDebt	125000000	USD
	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	4605000	USD
	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	1190000	USD
	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	71500000	USD
	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	130500000	USD
	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	81500000	USD
	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	178000000	USD
	us-gaap	Payments Of Ordinary Dividends PaymentsOfOrdinaryDividends	48238000	USD
	us-gaap	Payments Of Ordinary Dividends PaymentsOfOrdinaryDividends	42745000	USD
	us-gaap	Payments Of Capital Distribution PaymentsOfCapitalDistribution	101000	USD
	us-gaap	Payments Of Capital Distribution PaymentsOfCapitalDistribution	136000	USD
	us-gaap	Payments To Minority Shareholders PaymentsToMinorityShareholders	0	USD
	us-gaap	Payments To Minority Shareholders PaymentsToMinorityShareholders	813000	USD
	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	3027000	USD
	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	2567000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	38688000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	34337000	USD
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	16032000	USD
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	15000	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
CY2021Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	27096000	USD
CY2020Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	5098000	USD
	us-gaap	Interest Paid Net InterestPaidNet	10637000	USD
	us-gaap	Interest Paid Net InterestPaidNet	12011000	USD
	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	109000	USD
	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	234000	USD
	us-gaap	Proceeds From Lease Payments ProceedsFromLeasePayments	79166000	USD
	us-gaap	Proceeds From Lease Payments ProceedsFromLeasePayments	66782000	USD
	us-gaap	Operating Lease Payments OperatingLeasePayments	440000	USD
	us-gaap	Operating Lease Payments OperatingLeasePayments	283000	USD
CY2021Q2	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	24157000	USD
CY2020Q2	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	21420000	USD
	us-gaap	Change In Unrealized Gain Loss On Fair Value Hedging Instruments1 ChangeInUnrealizedGainLossOnFairValueHedgingInstruments1	6642000	USD
	us-gaap	Change In Unrealized Gain Loss On Fair Value Hedging Instruments1 ChangeInUnrealizedGainLossOnFairValueHedgingInstruments1	-18465000	USD
	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;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 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
	us-gaap	Impairment Of Long Lived Assets To Be Disposed Of ImpairmentOfLongLivedAssetsToBeDisposedOf	0	USD
	fcpt	Assets Held For Sale Disposal Period AssetsHeldForSaleDisposalPeriod	P1Y
CY2021Q2	fcpt	Number Of Properties Held For Sale NumberOfPropertiesHeldForSale	0	property
CY2020Q4	fcpt	Number Of Properties Held For Sale NumberOfPropertiesHeldForSale	2	property
	us-gaap	Gains Losses On Sales Of Investment Real Estate GainsLossesOnSalesOfInvestmentRealEstate	431000	USD
CY2021Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	27096000	USD
CY2020Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	11064000	USD
CY2021Q2	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	0	USD
CY2020Q4	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	0	USD
CY2021Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	27096000	USD
CY2020Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	11064000	USD
	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 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="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 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>
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
	fcpt	Lessor Rental Revenue With Rent Abatements Under Lease Amendments LessorRentalRevenueWithRentAbatementsUnderLeaseAmendments	0	USD
	fcpt	Lessor Rental Revenue With Rent Abatements Under Lease Amendments LessorRentalRevenueWithRentAbatementsUnderLeaseAmendments	0	USD
	us-gaap	Revenue Recognition Leases RevenueRecognitionLeases	<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%">Revenue Recognition</span></div><div style="margin-bottom:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:138%">Rental Revenue</span></div><div style="margin-bottom:6pt;margin-top: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%">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="margin-bottom:6pt;margin-top: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%">In certain circumstances, the Company may offer tenant allowance funds in exchange for increasing rent, extending the term, and including annual sales reporting among other items. These tenant allowance funds are classified as lease incentives upon payment and are amortized as a reduction to revenue over the lease term. Lease incentives are included in intangible lease assets, net, on our Consolidated Balance Sheets. During the year ended December 31, 2020, the Company paid lease incentives of $4.2 million to tenants. During the six months ended June 30, 2021, the Company paid tenants $426 thousand for tenant improvements which qualified as lease incentives under U.S. GAAP as the Company was determined not to be the accounting owner of the improvements. </span></div><div style="margin-bottom:6pt;margin-top: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 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 able to recover substantially all of the receivable, we derecognize the deferred rent receivable asset and record that revenue as a reduction in rental revenue. If we determine the lease receivable will not be collected due to a credit concern, we reduce the recorded revenue for the period and related accounts receivable. </span></div><div style="margin-bottom:6pt;margin-top: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%">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. Costs paid by the lessor and reimbursed by the lessees are 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="margin-bottom:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:138%">Restaurant Revenue</span></div>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.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.
CY2020	fcpt	Lessor Payments Of Lease Incentives To Tenants LessorPaymentsOfLeaseIncentivesToTenants	4200000	USD
	fcpt	Lessor Payments Of Lease Incentives To Tenants LessorPaymentsOfLeaseIncentivesToTenants	426000	USD
CY2021Q2	us-gaap	Credit Card Receivables CreditCardReceivables	90000	USD
CY2020Q4	us-gaap	Credit Card Receivables CreditCardReceivables	68000	USD
CY2021Q2	us-gaap	Number Of Real Estate Properties NumberOfRealEstateProperties	2	property
	us-gaap	Gains Losses On Sales Of Investment Real Estate GainsLossesOnSalesOfInvestmentRealEstate	431000	USD
CY2021Q2	fcpt	Redeemable Noncontrolling Interest Shares Convertible Conversion Ratio RedeemableNoncontrollingInterestSharesConvertibleConversionRatio	1
CY2021Q2	us-gaap	Number Of Interest Rate Derivatives Held NumberOfInterestRateDerivativesHeld	4	derivativeInstrument
CY2021Q2	us-gaap	Number Of States In Which Entity Operates NumberOfStatesInWhichEntityOperates	46	state
CY2021Q2	us-gaap	Land And Land Improvements LandAndLandImprovements	871729000	USD
CY2020Q4	us-gaap	Land And Land Improvements LandAndLandImprovements	827502000	USD
CY2021Q2	us-gaap	Investment Building And Building Improvements InvestmentBuildingAndBuildingImprovements	1226135000	USD
CY2020Q4	us-gaap	Investment Building And Building Improvements InvestmentBuildingAndBuildingImprovements	1192722000	USD
CY2021Q2	us-gaap	Fixtures And Equipment Gross FixturesAndEquipmentGross	135630000	USD
CY2020Q4	us-gaap	Fixtures And Equipment Gross FixturesAndEquipmentGross	134919000	USD
CY2021Q2	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	2233494000	USD
CY2020Q4	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	2155143000	USD
CY2021Q2	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	669644000	USD
CY2020Q4	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	657621000	USD
CY2021Q2	us-gaap	Real Estate Investments RealEstateInvestments	1563850000	USD
CY2020Q4	us-gaap	Real Estate Investments RealEstateInvestments	1497522000	USD
CY2021Q2	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	96909000	USD
CY2020Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	96291000	USD
CY2021Q2	fcpt	Real Estate Investment Property And Intangible Asset Net RealEstateInvestmentPropertyAndIntangibleAssetNet	1660759000	USD
CY2020Q4	fcpt	Real Estate Investment Property And Intangible Asset Net RealEstateInvestmentPropertyAndIntangibleAssetNet	1593813000	USD
	us-gaap	Payments To Acquire Real Estate PaymentsToAcquireRealEstate	84400000	USD
CY2021Q2	us-gaap	Number Of Restaurants NumberOfRestaurants	36	property
CY2021Q2	fcpt	Real Estate Investments Number Of States With Properties RealEstateInvestmentsNumberOfStatesWithProperties	17	state
	us-gaap	Payments To Acquire Land PaymentsToAcquireLand	43000000.0	USD
	fcpt	Paymentsto Acquire Buildingsand Improvements PaymentstoAcquireBuildingsandImprovements	33400000	USD
	us-gaap	Payments To Acquire Machinery And Equipment PaymentsToAcquireMachineryAndEquipment	900000	USD
	us-gaap	Payments To Acquire Intangible Assets PaymentsToAcquireIntangibleAssets	7100000	USD
	fcpt	Real Estate Investments Contingent Consideration RealEstateInvestmentsContingentConsideration	0	USD
CY2021Q2	us-gaap	Lessee Operating Lease Term Of Contract LesseeOperatingLeaseTermOfContract	P7Y10M24D
CY2021Q2	us-gaap	Number Of Real Estate Properties NumberOfRealEstateProperties	2	property
	us-gaap	Gains Losses On Sales Of Investment Real Estate GainsLossesOnSalesOfInvestmentRealEstate	431000	USD
	us-gaap	Payments To Acquire Real Estate PaymentsToAcquireRealEstate	71500000	USD
CY2020Q2	us-gaap	Number Of Restaurants NumberOfRestaurants	34	property
CY2020Q2	fcpt	Real Estate Investments Number Of States With Properties RealEstateInvestmentsNumberOfStatesWithProperties	14	state
	us-gaap	Payments To Acquire Land PaymentsToAcquireLand	37100000	USD
	fcpt	Paymentsto Acquire Buildingsand Improvements PaymentstoAcquireBuildingsandImprovements	18100000	USD
	us-gaap	Payments To Acquire Intangible Assets PaymentsToAcquireIntangibleAssets	16300000	USD
CY2020Q2	us-gaap	Lessee Operating Lease Term Of Contract LesseeOperatingLeaseTermOfContract	P6Y9M18D
CY2021Q2	us-gaap	Finance Lease Right Of Use Asset Before Accumulated Amortization FinanceLeaseRightOfUseAssetBeforeAccumulatedAmortization	24383000	USD
CY2020Q4	us-gaap	Finance Lease Right Of Use Asset Before Accumulated Amortization FinanceLeaseRightOfUseAssetBeforeAccumulatedAmortization	25607000	USD
CY2021Q2	us-gaap	Incentive To Lessee IncentiveToLessee	6272000	USD
CY2020Q4	us-gaap	Incentive To Lessee IncentiveToLessee	5846000	USD
CY2021Q2	fcpt	Intangible Assets And Finance Lease Right Of Use Asset Before Accumulated Amortization IntangibleAssetsAndFinanceLeaseRightOfUseAssetBeforeAccumulatedAmortization	115409000	USD
CY2020Q4	fcpt	Intangible Assets And Finance Lease Right Of Use Asset Before Accumulated Amortization IntangibleAssetsAndFinanceLeaseRightOfUseAssetBeforeAccumulatedAmortization	109122000	USD
CY2021Q2	fcpt	Intangible Assets And Finance Lease Right Of Use Asset Accumulated Amortization IntangibleAssetsAndFinanceLeaseRightOfUseAssetAccumulatedAmortization	18500000	USD
CY2020Q4	fcpt	Intangible Assets And Finance Lease Right Of Use Asset Accumulated Amortization IntangibleAssetsAndFinanceLeaseRightOfUseAssetAccumulatedAmortization	12831000	USD
CY2021Q2	fcpt	Intangible Assets And Finance Lease Right Of Use Asset After Accumulated Amortization IntangibleAssetsAndFinanceLeaseRightOfUseAssetAfterAccumulatedAmortization	96909000	USD
CY2020Q4	fcpt	Intangible Assets And Finance Lease Right Of Use Asset After Accumulated Amortization IntangibleAssetsAndFinanceLeaseRightOfUseAssetAfterAccumulatedAmortization	96291000	USD
CY2021Q2	us-gaap	Below Market Lease Gross BelowMarketLeaseGross	2978000	USD
CY2020Q4	us-gaap	Below Market Lease Gross BelowMarketLeaseGross	2978000	USD
CY2021Q2	us-gaap	Below Market Lease Accumulated Amortization BelowMarketLeaseAccumulatedAmortization	829000	USD
CY2020Q4	us-gaap	Below Market Lease Accumulated Amortization BelowMarketLeaseAccumulatedAmortization	613000	USD
CY2021Q2	us-gaap	Below Market Lease Net BelowMarketLeaseNet	2149000	USD
CY2020Q4	us-gaap	Below Market Lease Net BelowMarketLeaseNet	2365000	USD
	fcpt	Intangible Lease Assets And Liabilities Weighted Average Amortization Period IntangibleLeaseAssetsAndLiabilitiesWeightedAverageAmortizationPeriod	P9Y3M18D
	fcpt	Above Market Leases Amortization Period AboveMarketLeasesAmortizationPeriod	P7Y9M18D
	fcpt	Below Market Leases Amortization Period BelowMarketLeasesAmortizationPeriod	P9Y7M6D
CY2021Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear	5521000	USD
CY2021Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense Next Twelve Months FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths	10583000	USD
CY2021Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Two FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo	8694000	USD
CY2021Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Three FiniteLivedIntangibleAssetsAmortizationExpenseYearThree	7540000	USD
CY2021Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Four FiniteLivedIntangibleAssetsAmortizationExpenseYearFour	6598000	USD
CY2021Q2	fcpt	Finite Lived Intangible Assets Amortization Expense After Year Four FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFour	25574000	USD
CY2021Q2	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	64510000	USD
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	us-gaap	Operating Lease Expense OperatingLeaseExpense	320000	USD
CY2021Q2	us-gaap	Lessee Operating Lease Liability Payments Remainder Of Fiscal Year LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear	343000	USD
CY2021Q2	us-gaap	Lessee Operating Lease Liability Payments Due Next Twelve Months LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths	693000	USD
CY2021Q2	us-gaap	Lessee Operating Lease Liability Payments Due Year Two LesseeOperatingLeaseLiabilityPaymentsDueYearTwo	705000	USD
CY2021Q2	us-gaap	Lessee Operating Lease Liability Payments Due Year Three LesseeOperatingLeaseLiabilityPaymentsDueYearThree	718000	USD
CY2021Q2	us-gaap	Lessee Operating Lease Liability Payments Due Year Four LesseeOperatingLeaseLiabilityPaymentsDueYearFour	470000	USD
CY2021Q2	fcpt	Lessee Operating Lease Liability Payments Due After Year Four LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFour	5381000	USD
CY2021Q2	us-gaap	Lessee Operating Lease Liability Payments Due LesseeOperatingLeaseLiabilityPaymentsDue	8310000	USD
CY2021Q2	us-gaap	Lessee Operating Lease Liability Undiscounted Excess Amount LesseeOperatingLeaseLiabilityUndiscountedExcessAmount	2465000	USD
CY2021Q2	us-gaap	Operating Lease Liability OperatingLeaseLiability	5845000	USD
CY2021Q2	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.0412
CY2021Q2	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P16Y8M12D
CY2021Q2	us-gaap	Operating Lease Expense OperatingLeaseExpense	223000	USD
CY2020Q2	us-gaap	Operating Lease Expense OperatingLeaseExpense	179000	USD
	us-gaap	Operating Lease Expense OperatingLeaseExpense	449000	USD
CY2021Q2	us-gaap	Operating Lease Lease Income Lease Payments OperatingLeaseLeaseIncomeLeasePayments	41230000	USD
CY2020Q2	us-gaap	Operating Lease Lease Income Lease Payments OperatingLeaseLeaseIncomeLeasePayments	37379000	USD
	us-gaap	Operating Lease Lease Income Lease Payments OperatingLeaseLeaseIncomeLeasePayments	81976000	USD
	us-gaap	Operating Lease Lease Income Lease Payments OperatingLeaseLeaseIncomeLeasePayments	74627000	USD
CY2021Q2	us-gaap	Operating Lease Variable Lease Income OperatingLeaseVariableLeaseIncome	932000	USD
CY2020Q2	us-gaap	Operating Lease Variable Lease Income OperatingLeaseVariableLeaseIncome	655000	USD
	us-gaap	Operating Lease Variable Lease Income OperatingLeaseVariableLeaseIncome	1701000	USD
	us-gaap	Operating Lease Variable Lease Income OperatingLeaseVariableLeaseIncome	1132000	USD
CY2021Q2	us-gaap	Operating Lease Lease Income OperatingLeaseLeaseIncome	42162000	USD
CY2020Q2	us-gaap	Operating Lease Lease Income OperatingLeaseLeaseIncome	38034000	USD
	us-gaap	Operating Lease Lease Income OperatingLeaseLeaseIncome	83677000	USD
	us-gaap	Operating Lease Lease Income OperatingLeaseLeaseIncome	75759000	USD
	us-gaap	Limited Partners Capital Account Distribution Amount LimitedPartnersCapitalAccountDistributionAmount	101000	USD
CY2021Q2	us-gaap	Lessor Operating Lease Payments To Be Received Remainder Of Fiscal Year LessorOperatingLeasePaymentsToBeReceivedRemainderOfFiscalYear	81218000	USD
CY2021Q2	us-gaap	Lessor Operating Lease Payments To Be Received Next Twelve Months LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths	164000000	USD
CY2021Q2	us-gaap	Lessor Operating Lease Payments To Be Received Two Years LessorOperatingLeasePaymentsToBeReceivedTwoYears	164208000	USD
CY2021Q2	us-gaap	Lessor Operating Lease Payments To Be Received Three Years LessorOperatingLeasePaymentsToBeReceivedThreeYears	164246000	USD
CY2021Q2	us-gaap	Lessor Operating Lease Payments To Be Received Four Years LessorOperatingLeasePaymentsToBeReceivedFourYears	163855000	USD
CY2021Q2	fcpt	Lessor Operating Lease Payments To Be Received After Four Years LessorOperatingLeasePaymentsToBeReceivedAfterFourYears	1000924000	USD
CY2021Q2	us-gaap	Lessor Operating Lease Payments To Be Received LessorOperatingLeasePaymentsToBeReceived	1738451000	USD
CY2021Q2	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	9300000	USD
CY2020Q4	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	6100000	USD
CY2021Q2	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	890000	USD
CY2020Q2	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	534000	USD
	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	1400000	USD
	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	1000000.0	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	134000	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	125000	USD
CY2021Q2	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	25000000	shares
CY2020Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	25000000	shares
CY2020Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.0001
CY2021Q2	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.0001
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CY2021Q2	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2021Q2	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2020Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2020Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	500000000	shares
CY2021Q2	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	500000000	shares
CY2021Q2	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.0001
CY2020Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.0001
CY2021Q2	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	76202401	shares
CY2021Q1	fcpt	Derivative Termination Amortization Period DerivativeTerminationAmortizationPeriod	P10Y
	us-gaap	Derivative Instruments Gain Loss Reclassification From Accumulated Oci To Income Estimated Net Amount To Be Transferred DerivativeInstrumentsGainLossReclassificationFromAccumulatedOCIToIncomeEstimatedNetAmountToBeTransferred	-6800000	USD
CY2021Q2	us-gaap	Derivative Net Liability Position Aggregate Fair Value DerivativeNetLiabilityPositionAggregateFairValue	11500000	USD
CY2020Q4	us-gaap	Derivative Net Liability Position Aggregate Fair Value DerivativeNetLiabilityPositionAggregateFairValue	18000000.0	USD
CY2021Q2	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	5160000	USD
CY2020Q4	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	5397000	USD
CY2021Q2	fcpt	Prepaid Acquisition Expense PrepaidAcquisitionExpense	3960000	USD
CY2020Q4	fcpt	Prepaid Acquisition Expense PrepaidAcquisitionExpense	3159000	USD
CY2021Q2	us-gaap	Prepaid Expense Current And Noncurrent PrepaidExpenseCurrentAndNoncurrent	720000	USD
CY2020Q4	us-gaap	Prepaid Expense Current And Noncurrent PrepaidExpenseCurrentAndNoncurrent	1134000	USD
CY2021Q2	us-gaap	Accounts Receivable Net AccountsReceivableNet	1249000	USD
CY2020Q4	us-gaap	Accounts Receivable Net AccountsReceivableNet	1035000	USD
CY2021Q2	us-gaap	Inventory Net InventoryNet	228000	USD
CY2020Q4	us-gaap	Inventory Net InventoryNet	183000	USD
CY2021Q2	us-gaap	Other Assets Miscellaneous OtherAssetsMiscellaneous	1043000	USD
CY2020Q4	us-gaap	Other Assets Miscellaneous OtherAssetsMiscellaneous	931000	USD
CY2021Q2	us-gaap	Other Assets OtherAssets	12360000	USD
CY2020Q4	us-gaap	Other Assets OtherAssets	11839000	USD
CY2021Q2	us-gaap	Operating Lease Liability OperatingLeaseLiability	5845000	USD
CY2020Q4	us-gaap	Operating Lease Liability OperatingLeaseLiability	6058000	USD
CY2021Q2	us-gaap	Units Of Partnership Interest Amount UnitsOfPartnershipInterestAmount	159392	shares
CY2021Q2	us-gaap	Interest Payable Current And Noncurrent InterestPayableCurrentAndNoncurrent	2069000	USD
CY2020Q4	us-gaap	Interest Payable Current And Noncurrent InterestPayableCurrentAndNoncurrent	1597000	USD
CY2021Q2	fcpt	Intangible Lease Liabilities Net IntangibleLeaseLiabilitiesNet	2149000	USD
CY2020Q4	fcpt	Intangible Lease Liabilities Net IntangibleLeaseLiabilitiesNet	2365000	USD
CY2021Q2	us-gaap	Deferred Compensation Liability Current And Noncurrent DeferredCompensationLiabilityCurrentAndNoncurrent	1520000	USD
CY2020Q4	us-gaap	Deferred Compensation Liability Current And Noncurrent DeferredCompensationLiabilityCurrentAndNoncurrent	2005000	USD
CY2021Q2	us-gaap	Accounts Payable Current And Noncurrent AccountsPayableCurrentAndNoncurrent	688000	USD
CY2020Q4	us-gaap	Accounts Payable Current And Noncurrent AccountsPayableCurrentAndNoncurrent	376000	USD
CY2021Q2	fcpt	Accrued Operating Expenses AccruedOperatingExpenses	191000	USD
CY2020Q4	fcpt	Accrued Operating Expenses AccruedOperatingExpenses	223000	USD
CY2021Q2	us-gaap	Other Accrued Liabilities Current And Noncurrent OtherAccruedLiabilitiesCurrentAndNoncurrent	3228000	USD
CY2020Q4	us-gaap	Other Accrued Liabilities Current And Noncurrent OtherAccruedLiabilitiesCurrentAndNoncurrent	2475000	USD
CY2021Q2	us-gaap	Other Liabilities OtherLiabilities	15690000	USD
CY2020Q4	us-gaap	Other Liabilities OtherLiabilities	15099000	USD
CY2021Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	71000	USD
CY2020Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	64000	USD
CY2021Q2	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	76202401	shares
CY2021Q1	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.3175
CY2021Q2	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.3175
CY2021Q2	us-gaap	Units Of Partnership Interest Amount UnitsOfPartnershipInterestAmount	159392	shares
CY2021Q2	fcpt	Redeemable Noncontrolling Interest Shares Convertible Conversion Ratio RedeemableNoncontrollingInterestSharesConvertibleConversionRatio	1
CY2021Q2	us-gaap	Redeemable Noncontrolling Interest Equity Redemption Value RedeemableNoncontrollingInterestEquityRedemptionValue	4400000	USD
CY2020Q4	us-gaap	Redeemable Noncontrolling Interest Equity Redemption Value RedeemableNoncontrollingInterestEquityRedemptionValue	4700000	USD
CY2021Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	76058812	shares
CY2020Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	70261189	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	76014595	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	70137490	shares
CY2021Q2	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	108653	shares
CY2020Q2	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	109580	shares
	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	133174	shares
	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	150918	shares
CY2021Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	76167465	shares
CY2020Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	70370769	shares
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	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	70288408	shares
CY2021Q2	us-gaap	Net Income Loss NetIncomeLoss	20138000	USD
CY2020Q2	us-gaap	Net Income Loss NetIncomeLoss	18466000	USD
	us-gaap	Net Income Loss NetIncomeLoss	40717000	USD
	us-gaap	Net Income Loss NetIncomeLoss	37731000	USD
CY2021Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.26
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CY2021Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.26
CY2020Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.26
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	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.54
CY2021Q2	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	207968	shares
CY2020Q2	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	248859	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	183448	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	204521	shares
CY2021Q2	fcpt	Weighted Average Unitsof Partnership Interest Amount WeightedAverageUnitsofPartnershipInterestAmount	159392	shares
CY2020Q2	fcpt	Weighted Average Unitsof Partnership Interest Amount WeightedAverageUnitsofPartnershipInterestAmount	204392	shares
	fcpt	Weighted Average Unitsof Partnership Interest Amount WeightedAverageUnitsofPartnershipInterestAmount	159392	shares
	fcpt	Weighted Average Unitsof Partnership Interest Amount WeightedAverageUnitsofPartnershipInterestAmount	230268	shares
CY2015Q4	us-gaap	Stock Issued During Period Shares New Issues StockIssuedDuringPeriodSharesNewIssues	2100000	shares
CY2021Q2	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized	701122	shares
CY2021Q2	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Share Based Awards Other Than Options EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedShareBasedAwardsOtherThanOptions	6100000	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
	fcpt	Employee Service Sharebased Compensation Nonvested Awards Compensation Notyet Recognized Sharebased Awards Otherthan Options Grantsin Period EmployeeServiceSharebasedCompensationNonvestedAwardsCompensationNotyetRecognizedSharebasedAwardsOtherthanOptionsGrantsinPeriod	3777000	USD
	fcpt	Employee Service Sharebased Compensation Nonvested Awards Compensation Notyet Recognized Sharebased Awards Otherthan Options Forfeitedin Period EmployeeServiceSharebasedCompensationNonvestedAwardsCompensationNotyetRecognizedSharebasedAwardsOtherthanOptionsForfeitedinPeriod	51000	USD
	fcpt	Employee Service Share Based Compensation Non Vested Awards Compensation Not Yet Recognized Share Based Awards Other Than Options Compensation Expense In Period EmployeeServiceShareBasedCompensationNonVestedAwardsCompensationNotYetRecognizedShareBasedAwardsOtherThanOptionsCompensationExpenseInPeriod	2247000	USD
CY2021Q2	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Share Based Awards Other Than Options EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedShareBasedAwardsOtherThanOptions	6098000	USD
	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1 EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1	P2Y
CY2021Q2	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
CY2020Q2	us-gaap	Number Of Operating Segments NumberOfOperatingSegments	2	segment
CY2021Q2	us-gaap	Lease Income LeaseIncome	42162000	USD
CY2021Q2	us-gaap	Revenues Revenues	49272000	USD
CY2021Q2	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	4465000	USD
CY2021Q2	us-gaap	Cost Of Goods And Services Sold Depreciation And Amortization CostOfGoodsAndServicesSoldDepreciationAndAmortization	8388000	USD
CY2021Q2	us-gaap	Operating Expenses OperatingExpenses	20644000	USD
CY2021Q2	us-gaap	Interest Expense InterestExpense	8384000	USD
CY2021Q2	us-gaap	Other Nonoperating Income OtherNonoperatingIncome	7000	USD
CY2021Q2	us-gaap	Gain Loss On Sale Of Properties GainLossOnSaleOfProperties	0	USD
CY2021Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	71000	USD
CY2021Q2	us-gaap	Profit Loss ProfitLoss	20180000	USD
CY2020Q2	us-gaap	Lease Income LeaseIncome	38034000	USD
CY2020Q2	us-gaap	Revenues Revenues	40929000	USD
CY2020Q2	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	3719000	USD
CY2020Q2	us-gaap	Cost Of Goods And Services Sold Depreciation And Amortization CostOfGoodsAndServicesSoldDepreciationAndAmortization	7093000	USD
CY2020Q2	us-gaap	Operating Expenses OperatingExpenses	15188000	USD
CY2020Q2	us-gaap	Interest Expense InterestExpense	7319000	USD
CY2020Q2	us-gaap	Other Nonoperating Income OtherNonoperatingIncome	162000	USD
CY2020Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	64000	USD
CY2020Q2	us-gaap	Profit Loss ProfitLoss	18520000	USD
	us-gaap	Lease Income LeaseIncome	83677000	USD
	us-gaap	Revenues Revenues	96018000	USD
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	9228000	USD
	us-gaap	Cost Of Goods And Services Sold Depreciation And Amortization CostOfGoodsAndServicesSoldDepreciationAndAmortization	16624000	USD
	us-gaap	Operating Expenses OperatingExpenses	39504000	USD
	us-gaap	Interest Expense InterestExpense	16017000	USD
	us-gaap	Other Nonoperating Income OtherNonoperatingIncome	8000	USD
	us-gaap	Gain Loss On Sale Of Properties GainLossOnSaleOfProperties	431000	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	134000	USD
	us-gaap	Profit Loss ProfitLoss	40802000	USD
	us-gaap	Lease Income LeaseIncome	75759000	USD
	us-gaap	Revenues Revenues	83358000	USD
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	7560000	USD
	us-gaap	Cost Of Goods And Services Sold Depreciation And Amortization CostOfGoodsAndServicesSoldDepreciationAndAmortization	14148000	USD
	us-gaap	Operating Expenses OperatingExpenses	31221000	USD
	us-gaap	Interest Expense InterestExpense	14322000	USD
	us-gaap	Other Nonoperating Income OtherNonoperatingIncome	166000	USD
	us-gaap	Gain Loss On Sale Of Properties GainLossOnSaleOfProperties	0	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	125000	USD
	us-gaap	Profit Loss ProfitLoss	37856000	USD
CY2021Q2	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	2233494000	USD
CY2021Q2	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	669644000	USD
CY2021Q2	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	1563850000	USD
CY2021Q2	us-gaap	Cash Cash	27096000	USD
CY2021Q2	us-gaap	Assets Assets	1753290000	USD
CY2021Q2	us-gaap	Notes Payable NotesPayable	840706000	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

Files In Submission

Name	View Source	Status
0001650132-21-000080-index-headers.html	Edgar Link	pending
0001650132-21-000080-index.html	Edgar Link	pending
0001650132-21-000080.txt	Edgar Link	pending
0001650132-21-000080-xbrl.zip	Edgar Link	pending
fcpt-20210630.htm	Edgar Link	pending
fcpt-20210630.xsd	Edgar Link	pending
fcpt-20210630_cal.xml	Edgar Link	unprocessable
fcpt-20210630_def.xml	Edgar Link	unprocessable
fcpt-20210630_htm.xml	Edgar Link	completed
fcpt-20210630_lab.xml	Edgar Link	unprocessable
fcpt-20210630_pre.xml	Edgar Link	unprocessable
fcptq2202110-qexhibit31a.htm	Edgar Link	pending
fcptq2202110-qexhibit31b.htm	Edgar Link	pending
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Four Corners Property Trust, Inc. Stock $fcpt

2021 Q2 Form 10-Q Financial Statement

#000165013221000080 Filed on August 06, 2021

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$FCPT Four Corners Property Trust, Inc. Stock $fcpt

2021 Q2 Form 10-Q Financial Statement

#000165013221000080 Filed on August 06, 2021

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$FCPT
Four Corners Property Trust, Inc. Stock $fcpt