2024 Q2 Form 10-Q Financial Statement

#000165013224000078 Filed on May 02, 2024

View on sec.gov

Income Statement

Concept 2024 Q2 2024 Q1
Revenue $66.48M $66.47M
YoY Change 9.54% 10.87%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $16.17M $16.86M
YoY Change 4.52% 2.06%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $13.35M $13.47M
YoY Change 12.93% 10.6%
% of Gross Profit
Operating Expenses $29.52M $30.33M
YoY Change 8.16% 5.69%
Operating Profit
YoY Change
Interest Expense $12.32M -$12.28M
YoY Change -222.61% -223.83%
% of Operating Profit
Other Income/Expense, Net $150.0K $240.0K
YoY Change -33.63% -20.0%
Pretax Income $24.79M $24.10M
YoY Change 4.39% 3.87%
Income Tax $86.00K $27.00K
% Of Pretax Income 0.35% 0.11%
Net Earnings $24.67M $24.04M
YoY Change 4.43% 3.98%
Net Earnings / Revenue 37.11% 36.17%
Basic Earnings Per Share $0.27 $0.26
Diluted Earnings Per Share $0.27 $0.26
COMMON SHARES
Basic Shares Outstanding 91.99M shares 91.99M shares
Diluted Shares Outstanding 91.99M 91.93M shares

Balance Sheet

Concept 2024 Q2 2024 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $17.17M $26.08M
YoY Change 53.32% -16.94%
Cash & Equivalents $17.17M $26.08M
Short-Term Investments
Other Short-Term Assets $1.295M $1.953M
YoY Change 0.7% 21.83%
Inventory $198.0K $266.0K
Prepaid Expenses
Receivables $2.521M $3.169M
Other Receivables $0.00 $0.00
Total Short-Term Assets $17.17M $26.08M
YoY Change 14.32% -27.11%
LONG-TERM ASSETS
Property, Plant & Equipment $2.252B $2.216B
YoY Change 6.63% 12.86%
Goodwill
YoY Change
Intangibles $114.1M $115.8M
YoY Change -0.18% 13.42%
Long-Term Investments
YoY Change
Other Assets $68.38M $67.25M
YoY Change 1.03% 2.38%
Total Long-Term Assets $2.469B $2.437B
YoY Change 6.28% 12.71%
TOTAL ASSETS
Total Short-Term Assets $17.17M $26.08M
Total Long-Term Assets $2.469B $2.437B
Total Assets $2.486B $2.463B
YoY Change 6.33% 12.06%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $373.0K $955.0K
YoY Change -29.62% 177.62%
Accrued Expenses $17.14M $17.36M
YoY Change 26.37% 7.99%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $44.09M $43.96M
YoY Change -34.78% -31.32%
LONG-TERM LIABILITIES
Long-Term Debt $1.159B $1.131B
YoY Change 14.53% 13.54%
Other Long-Term Liabilities $21.83M $23.49M
YoY Change 501.21% 422.79%
Total Long-Term Liabilities $1.180B $1.154B
YoY Change 16.27% 15.38%
TOTAL LIABILITIES
Total Short-Term Liabilities $44.09M $43.96M
Total Long-Term Liabilities $1.180B $1.154B
Total Liabilities $1.225B $1.201B
YoY Change 12.85% 12.78%
SHAREHOLDERS EQUITY
Retained Earnings -$40.91M -$33.89M
YoY Change 224.64% 515.81%
Common Stock $9.000K $9.000K
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.259B $1.262B
YoY Change
Total Liabilities & Shareholders Equity $2.486B $2.463B
YoY Change 6.33% 12.06%

Cashflow Statement

Concept 2024 Q2 2024 Q1
OPERATING ACTIVITIES
Net Income $24.67M $24.04M
YoY Change 4.43% 3.98%
Depreciation, Depletion And Amortization $13.35M $13.47M
YoY Change 12.93% 10.6%
Cash From Operating Activities $39.67M $27.63M
YoY Change -16.73% -27.17%
INVESTING ACTIVITIES
Capital Expenditures $47.14M $16.67M
YoY Change -72.93% -20.07%
Acquisitions
YoY Change
Other Investing Activities $175.0K $225.0K
YoY Change -85.73% -97.85%
Cash From Investing Activities -$46.96M -$16.45M
YoY Change -72.84% 58.59%
FINANCING ACTIVITIES
Cash Dividend Paid $31.54M
YoY Change 8.52%
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -2.310M -$9.195M
YoY Change -102.2% -59.05%
NET CHANGE
Cash From Operating Activities 39.67M $27.63M
Cash From Investing Activities -46.96M -$16.45M
Cash From Financing Activities -2.310M -$9.195M
Net Change In Cash -9.597M $1.981M
YoY Change -52.49% -61.18%
FREE CASH FLOW
Cash From Operating Activities $39.67M $27.63M
Capital Expenditures $47.14M $16.67M
Free Cash Flow -$7.462M $10.95M
YoY Change -94.1% -35.85%

Facts In Submission

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NonCashRevenueAdjustments
555000 usd
CY2023Q1 fcpt Non Cash Revenue Adjustments
NonCashRevenueAdjustments
494000 usd
CY2024Q1 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
638000 usd
CY2023Q1 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
564000 usd
CY2024Q1 us-gaap Share Based Compensation
ShareBasedCompensation
1640000 usd
CY2023Q1 us-gaap Share Based Compensation
ShareBasedCompensation
1767000 usd
CY2024Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-72000 usd
CY2023Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-44000 usd
CY2024Q1 us-gaap Increase Decrease In Derivative Assets
IncreaseDecreaseInDerivativeAssets
255000 usd
CY2023Q1 us-gaap Increase Decrease In Derivative Assets
IncreaseDecreaseInDerivativeAssets
-367000 usd
CY2024Q1 fcpt Increase Decrease In Straight Line Rent Adjustment
IncreaseDecreaseInStraightLineRentAdjustment
1174000 usd
CY2023Q1 fcpt Increase Decrease In Straight Line Rent Adjustment
IncreaseDecreaseInStraightLineRentAdjustment
1304000 usd
CY2024Q1 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-2009000 usd
CY2023Q1 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
1166000 usd
CY2024Q1 fcpt Lessor Payments Of Lease Incentives To Tenants
LessorPaymentsOfLeaseIncentivesToTenants
1119000 usd
CY2023Q1 fcpt Lessor Payments Of Lease Incentives To Tenants
LessorPaymentsOfLeaseIncentivesToTenants
0 usd
CY2024Q1 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
8120000 usd
CY2023Q1 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-1152000 usd
CY2024Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
27625000 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
37931000 usd
CY2024Q1 us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
16674000 usd
CY2023Q1 us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
20860000 usd
CY2024Q1 us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
0 usd
CY2023Q1 us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
11463000 usd
CY2024Q1 us-gaap Payments For Proceeds From Deposits On Real Estate Acquisitions
PaymentsForProceedsFromDepositsOnRealEstateAcquisitions
-225000 usd
CY2023Q1 us-gaap Payments For Proceeds From Deposits On Real Estate Acquisitions
PaymentsForProceedsFromDepositsOnRealEstateAcquisitions
975000 usd
CY2024Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-16449000 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-10372000 usd
CY2024Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
6898000 usd
CY2023Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
8905000 usd
CY2024Q1 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
1397000 usd
CY2023Q1 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
0 usd
CY2024Q1 us-gaap Repayments Of Senior Debt
RepaymentsOfSeniorDebt
50000000 usd
CY2023Q1 us-gaap Repayments Of Senior Debt
RepaymentsOfSeniorDebt
0 usd
CY2024Q1 us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
85000000 usd
CY2023Q1 us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
0 usd
CY2024Q1 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
34000000 usd
CY2023Q1 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
0 usd
CY2024Q1 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
50000000 usd
CY2023Q1 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
0 usd
CY2024Q1 us-gaap Payments Of Dividends
PaymentsOfDividends
31539000 usd
CY2023Q1 us-gaap Payments Of Dividends
PaymentsOfDividends
29064000 usd
CY2024Q1 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
40000 usd
CY2023Q1 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
39000 usd
CY2024Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
2117000 usd
CY2023Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
2258000 usd
CY2024Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-9195000 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-22456000 usd
CY2024Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
1981000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
5103000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
24783000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
26296000 usd
CY2024Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
26764000 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
31399000 usd
CY2024Q1 us-gaap Interest Paid Net
InterestPaidNet
13277000 usd
CY2023Q1 us-gaap Interest Paid Net
InterestPaidNet
7856000 usd
CY2024Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
0 usd
CY2023Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
2000 usd
CY2024Q1 us-gaap Proceeds From Lease Payments
ProceedsFromLeasePayments
54298000 usd
CY2023Q1 us-gaap Proceeds From Lease Payments
ProceedsFromLeasePayments
48617000 usd
CY2024Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
227000 usd
CY2023Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
237000 usd
CY2024Q1 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
31656000 usd
CY2023Q1 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
29203000 usd
CY2024Q1 us-gaap Change In Unrealized Gain Loss On Fair Value Hedging Instruments1
ChangeInUnrealizedGainLossOnFairValueHedgingInstruments1
5823000 usd
CY2023Q1 us-gaap Change In Unrealized Gain Loss On Fair Value Hedging Instruments1
ChangeInUnrealizedGainLossOnFairValueHedgingInstruments1
-8037000 usd
CY2024Q1 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>
CY2024Q1 us-gaap Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
0 usd
CY2023Q1 us-gaap Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
0 usd
CY2024Q1 fcpt Assets Held For Sale Disposal Period
AssetsHeldForSaleDisposalPeriod
P1Y
CY2023Q4 fcpt Number Of Properties Held For Sale
NumberOfPropertiesHeldForSale
0 property
CY2024Q1 fcpt Number Of Properties Held For Sale
NumberOfPropertiesHeldForSale
0 property
CY2024Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
26079000 usd
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
16322000 usd
CY2024Q1 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
685000 usd
CY2023Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
8461000 usd
CY2024Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
26764000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
24783000 usd
CY2024Q1 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>
CY2024Q1 fcpt Lessor Payments Of Lease Incentives To Tenants
LessorPaymentsOfLeaseIncentivesToTenants
1100000 usd
CY2023 fcpt Lessor Payments Of Lease Incentives To Tenants
LessorPaymentsOfLeaseIncentivesToTenants
1200000 usd
CY2023Q1 fcpt Number Of Real Estate Properties Sold
NumberOfRealEstatePropertiesSold
3 property
CY2023Q1 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
1600000 usd
CY2024Q1 fcpt Redeemable Noncontrolling Interest Equity Redemption Ratio
RedeemableNoncontrollingInterestEquityRedemptionRatio
1
CY2024Q1 us-gaap Number Of States In Which Entity Operates
NumberOfStatesInWhichEntityOperates
47 state
CY2024Q1 us-gaap Derivative Fair Value Of Derivative Net
DerivativeFairValueOfDerivativeNet
23800000 usd
CY2024Q1 fcpt Real Estate Investments Contingent Consideration
RealEstateInvestmentsContingentConsideration
0 usd
CY2024Q1 fcpt Number Of Real Estate Properties Sold
NumberOfRealEstatePropertiesSold
0 property
CY2023Q1 fcpt Real Estate Investments Contingent Consideration
RealEstateInvestmentsContingentConsideration
0 usd
CY2023Q1 fcpt Number Of Real Estate Properties Sold
NumberOfRealEstatePropertiesSold
3 property
CY2023Q1 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
1600000 usd
CY2024Q1 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
14040000 usd
CY2023Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
14040000 usd
CY2024Q1 fcpt Intangible Assets Gross Excluding Goodwill And Finance Lease Right Of Use Asset
IntangibleAssetsGrossExcludingGoodwillAndFinanceLeaseRightOfUseAsset
179802000 usd
CY2023Q4 fcpt Intangible Assets Gross Excluding Goodwill And Finance Lease Right Of Use Asset
IntangibleAssetsGrossExcludingGoodwillAndFinanceLeaseRightOfUseAsset
176990000 usd
CY2024Q1 fcpt Finite Lived Intangible Assets And Finance Lease Right Of Use Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAndFinanceLeaseRightOfUseAssetsAccumulatedAmortization
63990000 usd
CY2023Q4 fcpt Finite Lived Intangible Assets And Finance Lease Right Of Use Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAndFinanceLeaseRightOfUseAssetsAccumulatedAmortization
58963000 usd
CY2024Q1 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
115812000 usd
CY2023Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
118027000 usd
CY2024Q1 us-gaap Below Market Lease Gross
BelowMarketLeaseGross
2610000 usd
CY2023Q4 us-gaap Below Market Lease Gross
BelowMarketLeaseGross
2610000 usd
CY2024Q1 us-gaap Below Market Lease Accumulated Amortization
BelowMarketLeaseAccumulatedAmortization
1468000 usd
CY2023Q4 us-gaap Below Market Lease Accumulated Amortization
BelowMarketLeaseAccumulatedAmortization
1414000 usd
CY2024Q1 us-gaap Below Market Lease Net
BelowMarketLeaseNet
1142000 usd
CY2023Q4 us-gaap Below Market Lease Net
BelowMarketLeaseNet
1196000 usd
CY2024Q1 fcpt Intangible Lease Assets And Liabilities Weighted Average Amortization Period
IntangibleLeaseAssetsAndLiabilitiesWeightedAverageAmortizationPeriod
P8Y7M6D
CY2024Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
12973000 usd
CY2024Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
15146000 usd
CY2024Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
13372000 usd
CY2024Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
10990000 usd
CY2024Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
8592000 usd
CY2024Q1 fcpt Finite Lived Intangible Assets Amortization Expense After Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFour
32038000 usd
CY2024Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
93111000 usd
CY2024Q1 fcpt Number Of Ground Leases
NumberOfGroundLeases
2 groundlease
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
540000 usd
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
470000 usd
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
310000 usd
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
319000 usd
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
319000 usd
CY2024Q1 fcpt Lessee Operating Lease Liability Payments Due After Year Four
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFour
4435000 usd
CY2024Q1 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
6393000 usd
CY2024Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
1880000 usd
CY2024Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
4513000 usd
CY2024Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0436
CY2024Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P15Y9M18D
CY2024Q1 us-gaap Operating Lease Cost
OperatingLeaseCost
227000 usd
CY2023Q1 us-gaap Operating Lease Cost
OperatingLeaseCost
240000 usd
CY2024Q1 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
55888000 usd
CY2023Q1 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
49674000 usd
CY2024Q1 us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
2685000 usd
CY2023Q1 us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
2523000 usd
CY2024Q1 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
58573000 usd
CY2023Q1 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
52197000 usd
CY2024Q1 us-gaap Lessor Operating Lease Payments To Be Received Remainder Of Fiscal Year
LessorOperatingLeasePaymentsToBeReceivedRemainderOfFiscalYear
165233000 usd
CY2024Q1 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
219450000 usd
CY2024Q1 us-gaap Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
217890000 usd
CY2024Q1 us-gaap Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
209856000 usd
CY2024Q1 us-gaap Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
183627000 usd
CY2024Q1 fcpt Lessor Operating Lease Payments To Be Received After Four Years
LessorOperatingLeasePaymentsToBeReceivedAfterFourYears
816766000 usd
CY2024Q1 us-gaap Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
1812822000 usd
CY2023Q4 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
0 usd
CY2024Q1 fcpt Long Term Debt Gross Maturity Remainder Of Fiscal Year
LongTermDebtGrossMaturityRemainderOfFiscalYear
0 usd
CY2024Q1 fcpt Long Term Debt Gross Maturity Year One
LongTermDebtGrossMaturityYearOne
150000000 usd
CY2024Q1 fcpt Long Term Debt Gross Maturity Year Two
LongTermDebtGrossMaturityYearTwo
150000000 usd
CY2024Q1 fcpt Long Term Debt Gross Maturity Year Three
LongTermDebtGrossMaturityYearThree
250000000 usd
CY2024Q1 fcpt Long Term Debt Gross Maturity Year Four
LongTermDebtGrossMaturityYearFour
140000000 usd
CY2024Q1 fcpt Long Term Debt Gross Maturity Year After Year Four
LongTermDebtGrossMaturityYearAfterYearFour
450000000 usd
CY2024Q1 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
1140000000 usd
CY2024Q1 fcpt Derivate Instrument Cash Flow Hedges Terminated
DerivateInstrumentCashFlowHedgesTerminated
1 derivativeinstrument
CY2024Q1 us-gaap Derivative Instruments Gain Loss Reclassification From Accumulated Oci To Income Estimated Net Amount To Be Transferred
DerivativeInstrumentsGainLossReclassificationFromAccumulatedOCIToIncomeEstimatedNetAmountToBeTransferred
11400000 usd
CY2024Q1 us-gaap Interest Expense
InterestExpense
12281000 usd
CY2023Q1 us-gaap Interest Expense
InterestExpense
9918000 usd
CY2024Q1 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
24414000 usd
CY2024Q1 us-gaap Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
0 usd
CY2024Q1 us-gaap Derivative Assets
DerivativeAssets
24414000 usd
CY2024Q1 us-gaap Derivative Collateral Obligation To Return Securities
DerivativeCollateralObligationToReturnSecurities
352000 usd
CY2024Q1 us-gaap Derivative Collateral Obligation To Return Cash
DerivativeCollateralObligationToReturnCash
0 usd
CY2024Q1 us-gaap Derivative Fair Value Of Derivative Asset Amount Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral
24062000 usd
CY2023Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
20952000 usd
CY2023Q4 us-gaap Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
0 usd
CY2023Q4 us-gaap Derivative Assets
DerivativeAssets
20952000 usd
CY2023Q4 us-gaap Derivative Collateral Obligation To Return Securities
DerivativeCollateralObligationToReturnSecurities
920000 usd
CY2023Q4 us-gaap Derivative Collateral Obligation To Return Cash
DerivativeCollateralObligationToReturnCash
0 usd
CY2023Q4 us-gaap Derivative Fair Value Of Derivative Asset Amount Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral
20032000 usd
CY2024Q1 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
607000 usd
CY2024Q1 us-gaap Derivative Liability Fair Value Gross Asset
DerivativeLiabilityFairValueGrossAsset
0 usd
CY2024Q1 us-gaap Derivative Liabilities
DerivativeLiabilities
607000 usd
CY2024Q1 us-gaap Derivative Collateral Right To Reclaim Securities
DerivativeCollateralRightToReclaimSecurities
352000 usd
CY2024Q1 us-gaap Derivative Collateral Right To Reclaim Cash
DerivativeCollateralRightToReclaimCash
0 usd
CY2024Q1 us-gaap Derivative Fair Value Of Derivative Liability Amount Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral
255000 usd
CY2023Q4 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
2968000 usd
CY2023Q4 us-gaap Derivative Liability Fair Value Gross Asset
DerivativeLiabilityFairValueGrossAsset
0 usd
CY2023Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
2968000 usd
CY2023Q4 us-gaap Derivative Collateral Right To Reclaim Securities
DerivativeCollateralRightToReclaimSecurities
920000 usd
CY2023Q4 us-gaap Derivative Collateral Right To Reclaim Cash
DerivativeCollateralRightToReclaimCash
0 usd
CY2023Q4 us-gaap Derivative Fair Value Of Derivative Liability Amount Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountOffsetAgainstCollateral
2048000 usd
CY2024Q1 us-gaap Derivative Fair Value Of Derivative Net
DerivativeFairValueOfDerivativeNet
23800000 usd
CY2023Q4 us-gaap Derivative Fair Value Of Derivative Net
DerivativeFairValueOfDerivativeNet
18000000 usd
CY2024Q1 us-gaap Derivative Fair Value Of Derivative Net
DerivativeFairValueOfDerivativeNet
23800000 usd
CY2024Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
3794000 usd
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
3923000 usd
CY2024Q1 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
685000 usd
CY2023Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
8461000 usd
CY2024Q1 fcpt Prepaid Acquisition Expense And Deposits
PrepaidAcquisitionExpenseAndDeposits
1100000 usd
CY2023Q4 fcpt Prepaid Acquisition Expense And Deposits
PrepaidAcquisitionExpenseAndDeposits
1364000 usd
CY2024Q1 us-gaap Accounts Receivable Net
AccountsReceivableNet
3169000 usd
CY2023Q4 us-gaap Accounts Receivable Net
AccountsReceivableNet
2985000 usd
CY2024Q1 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
1953000 usd
CY2023Q4 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
1176000 usd
CY2024Q1 us-gaap Inventory Net
InventoryNet
266000 usd
CY2023Q4 us-gaap Inventory Net
InventoryNet
238000 usd
CY2024Q1 us-gaap Other Assets Miscellaneous
OtherAssetsMiscellaneous
1646000 usd
CY2023Q4 us-gaap Other Assets Miscellaneous
OtherAssetsMiscellaneous
1711000 usd
CY2024Q1 us-gaap Other Assets
OtherAssets
12613000 usd
CY2023Q4 us-gaap Other Assets
OtherAssets
19858000 usd
CY2024Q1 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
8892000 usd
CY2023Q4 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
7424000 usd
CY2024Q1 fcpt Tenant Improvements Payable And Deposits
TenantImprovementsPayableAndDeposits
1203000 usd
CY2023Q4 fcpt Tenant Improvements Payable And Deposits
TenantImprovementsPayableAndDeposits
7835000 usd
CY2024Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
4513000 usd
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
4642000 usd
CY2024Q1 fcpt Accrued Tenant Property Tax
AccruedTenantPropertyTax
2303000 usd
CY2023Q4 fcpt Accrued Tenant Property Tax
AccruedTenantPropertyTax
2518000 usd
CY2024Q1 fcpt Intangible Lease Liabilities Net
IntangibleLeaseLiabilitiesNet
1143000 usd
CY2023Q4 fcpt Intangible Lease Liabilities Net
IntangibleLeaseLiabilitiesNet
1196000 usd
CY2024Q1 us-gaap Deferred Compensation Liability Current And Noncurrent
DeferredCompensationLiabilityCurrentAndNoncurrent
1329000 usd
CY2023Q4 us-gaap Deferred Compensation Liability Current And Noncurrent
DeferredCompensationLiabilityCurrentAndNoncurrent
3020000 usd
CY2024Q1 fcpt Accrued Operating Expenses
AccruedOperatingExpenses
327000 usd
CY2023Q4 fcpt Accrued Operating Expenses
AccruedOperatingExpenses
262000 usd
CY2024Q1 us-gaap Accounts Payable Current And Noncurrent
AccountsPayableCurrentAndNoncurrent
955000 usd
CY2023Q1 us-gaap Incremental Common Shares Attributable To Equity Forward Agreements
IncrementalCommonSharesAttributableToEquityForwardAgreements
27922 shares
CY2024Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
210285 shares
CY2023Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
234030 shares
CY2024Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
91929760 shares
CY2023Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
86095554 shares
CY2024Q1 us-gaap Net Income Loss
NetIncomeLoss
24044000 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
23124000 usd
CY2024Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.26
CY2023Q4 us-gaap Accounts Payable Current And Noncurrent
AccountsPayableCurrentAndNoncurrent
1263000 usd
CY2024Q1 us-gaap Other Sundry Liabilities
OtherSundryLiabilities
2222000 usd
CY2023Q4 us-gaap Other Sundry Liabilities
OtherSundryLiabilities
2106000 usd
CY2024Q1 us-gaap Other Liabilities
OtherLiabilities
22887000 usd
CY2023Q4 us-gaap Other Liabilities
OtherLiabilities
30266000 usd
CY2024Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
27000 usd
CY2023Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
48000 usd
CY2024Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-72000 usd
CY2023Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-44000 usd
CY2024Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
25000000 shares
CY2023Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
25000000 shares
CY2023Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2024Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2024Q1 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2023Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2023Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2024Q1 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2024Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
500000000 shares
CY2023Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
500000000 shares
CY2023Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2024Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2024Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
91989203 shares
CY2024Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
91989203 shares
CY2024Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.3450
CY2024Q1 us-gaap Units Of Partnership Interest Amount
UnitsOfPartnershipInterestAmount
114559 shares
CY2024Q1 fcpt Redeemable Noncontrolling Interest Shares Convertible Conversion Ratio
RedeemableNoncontrollingInterestSharesConvertibleConversionRatio
1
CY2024Q1 us-gaap Redeemable Noncontrolling Interest Equity Redemption Value
RedeemableNoncontrollingInterestEquityRedemptionValue
2800000 usd
CY2023Q4 us-gaap Redeemable Noncontrolling Interest Equity Redemption Value
RedeemableNoncontrollingInterestEquityRedemptionValue
2900000 usd
CY2024Q1 us-gaap Units Of Partnership Interest Amount
UnitsOfPartnershipInterestAmount
114559 shares
CY2024Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
91719475 shares
CY2023Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
85833602 shares
CY2024Q1 us-gaap Incremental Common Shares Attributable To Equity Forward Agreements
IncrementalCommonSharesAttributableToEquityForwardAgreements
0 shares
CY2023Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.27
CY2024Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.26
CY2023Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.27
CY2024Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
402825 shares
CY2023Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
357798 shares
CY2024Q1 fcpt Weighted Average Units Of Partnership Interest Amount
WeightedAverageUnitsOfPartnershipInterestAmount
114559 shares
CY2023Q1 fcpt Weighted Average Units Of Partnership Interest Amount
WeightedAverageUnitsOfPartnershipInterestAmount
114559 shares
CY2022Q2 fcpt Common Stock Increase Decrease In Capital Shares Reserved For Future Issuance
CommonStockIncreaseDecreaseInCapitalSharesReservedForFutureIssuance
1500000 shares
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
3600000 shares
CY2024Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
1511374 shares
CY2024Q1 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Share Based Awards Other Than Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedShareBasedAwardsOtherThanOptions
12300000 usd
CY2023Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Share Based Awards Other Than Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedShareBasedAwardsOtherThanOptions
7462000 usd
CY2024Q1 fcpt Employee Service Share Based Compensation Nonvested Awards Compensation Not Yet Recognized Share Based Awards Other Than Options Grants In Period
EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationNotYetRecognizedShareBasedAwardsOtherThanOptionsGrantsInPeriod
6883000 usd
CY2024Q1 fcpt Employee Service Share Based Compensation Nonvested Awards Compensation Not Yet Recognized Share Based Awards Other Than Options Forfeited In Period
EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationNotYetRecognizedShareBasedAwardsOtherThanOptionsForfeitedInPeriod
408000 usd
CY2024Q1 fcpt Employee Service Share Based Compensation Non Vested Awards Compensation Not Yet Recognized Share Based Awards Other Than Options Compensation Expense In Period
EmployeeServiceShareBasedCompensationNonVestedAwardsCompensationNotYetRecognizedShareBasedAwardsOtherThanOptionsCompensationExpenseInPeriod
1640000 usd
CY2024Q1 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Share Based Awards Other Than Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedShareBasedAwardsOtherThanOptions
12297000 usd
CY2024Q1 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P2Y3M18D
CY2023Q1 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
2 segment
CY2024Q1 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
2 segment
CY2024Q1 us-gaap Lease Income
LeaseIncome
58573000 usd
CY2024Q1 us-gaap Revenues
Revenues
66467000 usd
CY2024Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
6213000 usd
CY2024Q1 us-gaap Depreciation And Amortization
DepreciationAndAmortization
13467000 usd
CY2024Q1 us-gaap Operating Expenses
OperatingExpenses
30325000 usd
CY2024Q1 us-gaap Interest Expense
InterestExpense
12281000 usd
CY2024Q1 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
240000 usd
CY2024Q1 us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
0 usd
CY2024Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
27000 usd
CY2024Q1 us-gaap Profit Loss
ProfitLoss
24074000 usd
CY2023Q1 us-gaap Lease Income
LeaseIncome
52197000 usd
CY2023Q1 us-gaap Revenues
Revenues
59952000 usd
CY2023Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
6055000 usd
CY2023Q1 us-gaap Depreciation And Amortization
DepreciationAndAmortization
12176000 usd
CY2023Q1 us-gaap Operating Expenses
OperatingExpenses
28693000 usd
CY2023Q1 us-gaap Interest Expense
InterestExpense
9918000 usd
CY2023Q1 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
300000 usd
CY2023Q1 us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
1562000 usd
CY2023Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
48000 usd
CY2023Q1 us-gaap Profit Loss
ProfitLoss
23155000 usd
CY2024Q1 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
2964404000 usd
CY2024Q1 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
747958000 usd
CY2024Q1 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
2216446000 usd
CY2024Q1 us-gaap Cash
Cash
26079000 usd
CY2024Q1 us-gaap Assets
Assets
2462610000 usd
CY2024Q1 us-gaap Long Term Debt
LongTermDebt
1130930000 usd
CY2023Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
2949421000 usd
CY2023Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
738946000 usd
CY2023Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
2210475000 usd
CY2023Q4 us-gaap Cash
Cash
16322000 usd
CY2023Q4 us-gaap Assets
Assets
2451634000 usd
CY2023Q4 us-gaap Long Term Debt
LongTermDebt
1112689000 usd
CY2024Q1 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false
CY2024Q1 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2024Q1 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
CY2024Q1 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false

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