$NLCP
NewLake Capital Partners, Inc. Stock $nlcp

$nlcp Overview Financials Valuation SEC Filings Company Website

2023 Q4 Form 10-Q Financial Statement

#000185496423000041 Filed on November 09, 2023

Income Statement

Concept	2023 Q4	2023 Q3
Revenue	$13.02M	$11.49M
YoY Change	6.94%	-4.82%
Cost Of Revenue	$657.0K
YoY Change
Gross Profit	$12.36M
YoY Change
Gross Profit Margin	94.95%
Selling, General & Admin	$1.586M	$1.940M
YoY Change	1.73%	11.94%
% of Gross Profit	12.83%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$3.566M	$3.100M
YoY Change	-3.93%	0.0%
% of Gross Profit	28.84%
Operating Expenses	$5.154M	$5.508M
YoY Change	-2.22%	2.7%
Operating Profit	$7.210M	$5.983M
YoY Change		-10.83%
Interest Expense	$45.00K	$95.00K
YoY Change	-146.88%	1.06%
% of Operating Profit	0.62%	1.59%
Other Income/Expense, Net	-$167.0K	$83.00K
YoY Change		-195.4%
Pretax Income	$7.088M	$6.070M
YoY Change	4.1%	-8.35%
Income Tax
% Of Pretax Income
Net Earnings	$6.962M	$5.958M
YoY Change	4.05%	-10.04%
Net Earnings / Revenue	53.47%	51.85%
Basic Earnings Per Share		$0.28
Diluted Earnings Per Share	$0.33	$0.28
COMMON SHARES
Basic Shares Outstanding	20.69M shares	21.30M shares
Diluted Shares Outstanding		21.58M shares

Balance Sheet

Concept	2023 Q4	2023 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments	$25.84M	$31.10M
YoY Change	-42.82%	-30.92%
Cash & Equivalents	$25.84M	$31.07M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets	$25.84M	$31.10M
YoY Change	-45.87%	-34.79%
LONG-TERM ASSETS
Property, Plant & Equipment	$380.6M	$374.8M
YoY Change	0.22%	-1.22%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets		$1.900M
YoY Change
Total Long-Term Assets	$407.4M	$404.0M
YoY Change	0.23%	-0.71%
TOTAL ASSETS
Total Short-Term Assets	$25.84M	$31.10M
Total Long-Term Assets	$407.4M	$404.0M
Total Assets	$433.3M	$435.1M
YoY Change	-4.61%	-4.28%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$1.117M	$1.000M
YoY Change	-32.67%	-50.0%
Accrued Expenses	$185.0K
YoY Change	-88.85%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$18.30M	$16.60M
YoY Change	1.99%	-4.27%
LONG-TERM LIABILITIES
Long-Term Debt	$2.000M	$2.000M
YoY Change	-33.02%	-32.89%
Other Long-Term Liabilities	$1.032M	$1.100M
YoY Change	-56.64%	-3.34%
Total Long-Term Liabilities	$3.032M	$3.100M
YoY Change	-43.5%	-24.72%
TOTAL LIABILITIES
Total Short-Term Liabilities	$18.30M	$16.60M
Total Long-Term Liabilities	$3.032M	$3.100M
Total Liabilities	$21.34M	$19.67M
YoY Change	-8.48%	-8.33%
SHAREHOLDERS EQUITY
Retained Earnings	-$40.91M	-$39.64M
YoY Change	25.92%	28.64%
Common Stock	$205.0K	$207.0K
YoY Change	-4.21%	-3.27%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$404.6M	$408.1M
YoY Change
Total Liabilities & Shareholders Equity	$433.3M	$435.1M
YoY Change	-4.61%	-4.28%

Cashflow Statement

Concept	2023 Q4	2023 Q3
OPERATING ACTIVITIES
Net Income	$6.962M	$5.958M
YoY Change	4.05%	-10.04%
Depreciation, Depletion And Amortization	$3.566M	$3.100M
YoY Change	-3.93%	0.0%
Cash From Operating Activities	$12.48M	$9.390M
YoY Change	-7.42%	20.45%
INVESTING ACTIVITIES
Capital Expenditures	$0.00	$0.00
YoY Change	-100.0%	-100.0%
Acquisitions
YoY Change
Other Investing Activities	-$6.875M	-$2.610M
YoY Change	298.09%	-44.77%
Cash From Investing Activities	-$6.875M	-$2.610M
YoY Change	109.8%	-44.75%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-10.83M	-16.38M
YoY Change	7.87%	114.09%
NET CHANGE
Cash From Operating Activities	12.48M	9.390M
Cash From Investing Activities	-6.875M	-2.610M
Cash From Financing Activities	-10.83M	-16.38M
Net Change In Cash	-5.219M	-9.600M
YoY Change	-3188.17%	109.65%
FREE CASH FLOW
Cash From Operating Activities	$12.48M	$9.390M
Capital Expenditures	$0.00	$0.00
Free Cash Flow	$12.48M	$9.390M
YoY Change	4.61%	20.48%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2023Q3	us-gaap	Notes Receivable Net NotesReceivableNet	5000000	usd
CY2022Q4	us-gaap	Notes Receivable Net NotesReceivableNet	5000000	usd
CY2023Q3	us-gaap	Real Estate Heldforsale RealEstateHeldforsale	1949000	usd
CY2022Q4	us-gaap	Real Estate Heldforsale RealEstateHeldforsale	0	usd
CY2023Q3	us-gaap	Depreciation And Amortization DepreciationAndAmortization	3568000	usd
CY2022Q3	us-gaap	Depreciation And Amortization DepreciationAndAmortization	3630000	usd
	us-gaap	Depreciation And Amortization DepreciationAndAmortization	10698000	usd
	us-gaap	Depreciation And Amortization DepreciationAndAmortization	9113000	usd
CY2023Q3	us-gaap	Compensation Expense Excluding Cost Of Good And Service Sold CompensationExpenseExcludingCostOfGoodAndServiceSold	1173000	usd
CY2022Q3	us-gaap	Compensation Expense Excluding Cost Of Good And Service Sold CompensationExpenseExcludingCostOfGoodAndServiceSold	1040000	usd
	us-gaap	Compensation Expense Excluding Cost Of Good And Service Sold CompensationExpenseExcludingCostOfGoodAndServiceSold	3450000	usd
	us-gaap	Compensation Expense Excluding Cost Of Good And Service Sold CompensationExpenseExcludingCostOfGoodAndServiceSold	5100000	usd
CY2023Q3	us-gaap	Professional Fees ProfessionalFees	300000	usd
CY2022Q3	us-gaap	Professional Fees ProfessionalFees	279000	usd
	us-gaap	Professional Fees ProfessionalFees	986000	usd
	us-gaap	Professional Fees ProfessionalFees	1486000	usd
CY2023Q3	us-gaap	Other General And Administrative Expense OtherGeneralAndAdministrativeExpense	467000	usd
CY2022Q3	us-gaap	Other General And Administrative Expense OtherGeneralAndAdministrativeExpense	419000	usd
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	5973000	usd
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	7973000	usd
CY2023Q3	us-gaap	Operating Expenses OperatingExpenses	5508000	usd
CY2022Q3	us-gaap	Operating Expenses OperatingExpenses	5368000	usd
	us-gaap	Operating Expenses OperatingExpenses	16671000	usd
	us-gaap	Operating Expenses OperatingExpenses	17086000	usd
CY2023Q3	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment	0	usd
CY2022Q3	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment	0	usd
	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment	0	usd
	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment	-60000	usd
CY2023Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	5983000	usd
CY2022Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	6710000	usd
	us-gaap	Operating Income Loss OperatingIncomeLoss	17612000	usd
	us-gaap	Operating Income Loss OperatingIncomeLoss	15611000	usd
CY2023Q3	us-gaap	Other Nonoperating Income OtherNonoperatingIncome	178000	usd
CY2022Q3	us-gaap	Other Nonoperating Income OtherNonoperatingIncome	7000	usd
	us-gaap	Other Nonoperating Income OtherNonoperatingIncome	607000	usd
	us-gaap	Other Nonoperating Income OtherNonoperatingIncome	103000	usd
CY2023Q3	us-gaap	Interest Expense InterestExpense	95000	usd
	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	9254000	usd
	us-gaap	Profit Loss ProfitLoss	17935000	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	1060000	usd
	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment	0	usd
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	10698000	usd
	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	201000	usd
	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	10000	usd
	nlcp	Increase Decrease In Interest Reserve IncreaseDecreaseInInterestReserve	0	usd
	us-gaap	Payments For Proceeds From Loans Receivable PaymentsForProceedsFromLoansReceivable	0	usd
	us-gaap	Payments To Acquire Real Estate PaymentsToAcquireRealEstate	350000	usd
	us-gaap	Proceeds From Sale Of Other Real Estate ProceedsFromSaleOfOtherRealEstate	0	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-5959000	usd
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	9254000	usd
	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	24987000	usd
	us-gaap	Payments Of Capital Distribution PaymentsOfCapitalDistribution	65000	usd
	us-gaap	Payments To Minority Shareholders PaymentsToMinorityShareholders	437000	usd
	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	28000	usd
CY2023Q3	nlcp	Lessor Reimbursable Revenue LessorReimbursableRevenue	14500	usd
CY2022Q3	nlcp	Lessor Reimbursable Revenue LessorReimbursableRevenue	4900	usd
CY2023Q3	nlcp	Lessor Reimbursable Expense LessorReimbursableExpense	77900	usd
CY2022Q3	nlcp	Lessor Reimbursable Expense LessorReimbursableExpense	14800	usd
CY2022Q4	nlcp	Stockholders Equity Attributable To Noncontrolling Interest Percentage StockholdersEquityAttributableToNoncontrollingInterestPercentage	0.017	rate
	nlcp	Amount Per Share In Dollars Per Share AmountPerShareInDollarsPerShare	1.05
	us-gaap	Profit Loss ProfitLoss	17935000	usd
	us-gaap	Profit Loss ProfitLoss	15547000	usd
CY2022Q2	us-gaap	Operating Lease Right Of Use Asset Statement Of Financial Position Extensible List OperatingLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList	http://fasb.org/us-gaap/2023#OtherAssets
CY2022Q2	us-gaap	Operating Lease Liability Statement Of Financial Position Extensible List OperatingLeaseLiabilityStatementOfFinancialPositionExtensibleList	http://fasb.org/us-gaap/2023#OtherLiabilities
CY2022Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2022Q3	us-gaap	Interest Expense InterestExpense	94000	usd
	us-gaap	Interest Expense InterestExpense	284000	usd
	us-gaap	Interest Expense InterestExpense	167000	usd
CY2023Q3	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	83000	usd
CY2022Q3	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-87000	usd
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	323000	usd
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-64000	usd
CY2023Q3	us-gaap	Profit Loss ProfitLoss	6066000	usd
CY2022Q3	us-gaap	Profit Loss ProfitLoss	6623000	usd
CY2023Q3	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	108000	usd
CY2022Q3	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	113000	usd
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	312000	usd
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	262000	usd
CY2023Q3	us-gaap	Net Income Loss NetIncomeLoss	5958000	usd
CY2022Q3	us-gaap	Net Income Loss NetIncomeLoss	6510000	usd
	us-gaap	Net Income Loss NetIncomeLoss	17623000	usd
	us-gaap	Net Income Loss NetIncomeLoss	15285000	usd
CY2023Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.28
CY2022Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.30
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.83
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.71
CY2023Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.28
CY2022Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.30
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.83
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.71
CY2023Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	21199638	shares
CY2022Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	21428905	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	21330046	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	21417149	shares
CY2023Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	21582314	shares
CY2022Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	21802487	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	21710101	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	21815763	shares
CY2023Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	425176000	usd
CY2023Q3	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	7920000	usd
CY2022Q3	us-gaap	Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition	0	usd
	us-gaap	Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition	0	usd
	nlcp	Conversion Of Op Units To Common Stock ConversionOfOPUnitsToCommonStock	0	usd
	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	1201000	usd
	us-gaap	Dividends Common Stock DividendsCommonStock	22410000	usd
	us-gaap	Dividends Share Based Compensation DividendsShareBasedCompensation	112000	usd
	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	398000	usd
	nlcp	Adjustment For Noncontrolling Interest Ownership In Operating Partnership AdjustmentForNoncontrollingInterestOwnershipInOperatingPartnership	0	usd
	us-gaap	Profit Loss ProfitLoss	15547000	usd
CY2022Q3	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	433163000	usd
	us-gaap	Profit Loss ProfitLoss	15547000	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	1201000	usd
	us-gaap	Gain Loss On Sale Of Property Plant Equipment GainLossOnSaleOfPropertyPlantEquipment	-60000	usd
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	9113000	usd
	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	72000	usd
	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	20000	usd
	nlcp	Non Cash Deposits Applied To Security Deposits NonCashDepositsAppliedToSecurityDeposits	945000	usd
	nlcp	Non Cash Deposits Applied To Security Deposits NonCashDepositsAppliedToSecurityDeposits	0	usd
	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	1618000	usd
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	577000	usd
	us-gaap	Increase Decrease In Security Deposits IncreaseDecreaseInSecurityDeposits	1263000	usd
	nlcp	Increase Decrease In Interest Reserve IncreaseDecreaseInInterestReserve	-2144000	usd
	us-gaap	Payments For Proceeds From Loans Receivable PaymentsForProceedsFromLoansReceivable	5000000	usd
	us-gaap	Payments To Acquire Real Estate PaymentsToAcquireRealEstate	35419000	usd
	us-gaap	Proceeds From Sale Of Other Real Estate ProceedsFromSaleOfOtherRealEstate	761000	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-83176000	usd
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	0	usd
	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	21074000	usd
	us-gaap	Payments Of Capital Distribution PaymentsOfCapitalDistribution	147000	usd
	us-gaap	Payments To Minority Shareholders PaymentsToMinorityShareholders	401000	usd
	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	0	usd
	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	1000000	usd
	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	1000000	usd
	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	1800000	usd
	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	0	usd
	us-gaap	Transfer To Other Real Estate TransferToOtherRealEstate	0	usd
	us-gaap	Transfer To Other Real Estate TransferToOtherRealEstate	30000000	usd
	us-gaap	Capital Lease Obligations Incurred CapitalLeaseObligationsIncurred	0	usd
	us-gaap	Capital Lease Obligations Incurred CapitalLeaseObligationsIncurred	277000	usd
	us-gaap	Use Of Estimates UseOfEstimates	<div style="margin-top:12pt;padding-left:36pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-top:12pt;padding-left:36pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes. Management will adjust such estimates when facts and circumstances dictate. Such estimates include, but are not limited to, useful lives for depreciation of property, the fair value and impairment of property and in-place lease intangibles acquired, and the fair value of stock-based compensation. Actual results could differ from those estimates.</span></div>
	us-gaap	Prior Period Reclassification Adjustment Description PriorPeriodReclassificationAdjustmentDescription	<div style="margin-top:12pt;padding-left:36pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Reclassification</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span></div><div style="margin-top:12pt;padding-left:36pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Certain prior year balances have been reclassified to conform to the Company's current year presentation.</span></div>
CY2023Q3	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Two FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo	1985000	usd
CY2023Q3	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Three FiniteLivedIntangibleAssetsAmortizationExpenseYearThree	1985000	usd
CY2023Q3	nlcp	Number Of Real Estate Properties Held For Sale NumberOfRealEstatePropertiesHeldForSale	1	property
CY2023Q3	nlcp	Number Of States In Which Entity Owns Property NumberOfStatesInWhichEntityOwnsProperty	12	state
CY2023Q3	us-gaap	Land Land	21397000	usd
CY2023Q3	us-gaap	Investment Building And Building Improvements InvestmentBuildingAndBuildingImprovements	382087000	usd
CY2023Q3	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	403484000	usd
CY2023Q3	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	28931000	usd
CY2023Q3	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	374553000	usd
CY2023Q3	nlcp	Number Of Real Estate Properties Held For Sale NumberOfRealEstatePropertiesHeldForSale	1	property
CY2022Q4	nlcp	Number Of Cultivation Facilities Acquired NumberOfCultivationFacilitiesAcquired	4	cultivation_site
CY2022Q4	nlcp	Number Of Dispensaries Acquired NumberOfDispensariesAcquired	1	dispensary
	us-gaap	Payments For Tenant Improvements PaymentsForTenantImprovements	5609000	usd
CY2023Q3	nlcp	Tenant Improvements Unfunded Commitments TenantImprovementsUnfundedCommitments	20175000	usd
CY2022	us-gaap	Payments For Tenant Improvements PaymentsForTenantImprovements	45245000	usd
CY2022Q4	nlcp	Tenant Improvements Unfunded Commitments TenantImprovementsUnfundedCommitments	3120000	usd
	us-gaap	Proceeds From Sale Of Real Estate ProceedsFromSaleOfRealEstate	0	usd
CY2023Q3	us-gaap	Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear	496000	usd
CY2023Q3	us-gaap	Finite Lived Intangible Assets Amortization Expense Next Twelve Months FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths	1985000	usd
CY2023Q3	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Four FiniteLivedIntangibleAssetsAmortizationExpenseYearFour	1985000	usd
CY2023Q3	nlcp	Finite Lived Intangible Asset Expected Amortization After Year Four FiniteLivedIntangibleAssetExpectedAmortizationAfterYearFour	11839000	usd
CY2023Q3	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	20275000	usd
	us-gaap	Impairment Of Real Estate ImpairmentOfRealEstate	0	usd
	us-gaap	Impairment Of Real Estate ImpairmentOfRealEstate	0	usd
	nlcp	Lessor Reimbursable Revenue LessorReimbursableRevenue	111900	usd
	nlcp	Lessor Reimbursable Revenue LessorReimbursableRevenue	138600	usd
	nlcp	Lessor Reimbursable Expense LessorReimbursableExpense	228100	usd
	nlcp	Lessor Reimbursable Expense LessorReimbursableExpense	148400	usd
CY2020Q4	nlcp	Lessor Number Of Leases Subject To Purchase Option LessorNumberOfLeasesSubjectToPurchaseOption	2	lease
CY2023Q3	nlcp	Lessor Number Of Leases Subject To Purchase Option LessorNumberOfLeasesSubjectToPurchaseOption	2	lease
CY2023Q3	us-gaap	Lessor Operating Lease Payments To Be Received Remainder Of Fiscal Year LessorOperatingLeasePaymentsToBeReceivedRemainderOfFiscalYear	12463000	usd
CY2023Q3	us-gaap	Lessor Operating Lease Payments To Be Received Next Twelve Months LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths	52076000	usd
CY2023Q3	us-gaap	Lessor Operating Lease Payments To Be Received Two Years LessorOperatingLeasePaymentsToBeReceivedTwoYears	54333000	usd
CY2023Q3	us-gaap	Lessor Operating Lease Payments To Be Received Three Years LessorOperatingLeasePaymentsToBeReceivedThreeYears	55734000	usd
CY2023Q3	us-gaap	Lessor Operating Lease Payments To Be Received Four Years LessorOperatingLeasePaymentsToBeReceivedFourYears	57171000	usd
CY2023Q3	nlcp	Lessor Operating Lease Payment To Be Received After Year Four LessorOperatingLeasePaymentToBeReceivedAfterYearFour	609709000	usd
CY2023Q3	us-gaap	Lessor Operating Lease Payments To Be Received LessorOperatingLeasePaymentsToBeReceived	841486000	usd
CY2023Q3	nlcp	Number Of Non Performing Tenants NumberOfNonPerformingTenants	1	tenant
CY2023Q3	nlcp	Lessee Number Of Leases LesseeNumberOfLeases	1	lease
CY2022Q2	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	273000	usd
CY2023Q3	us-gaap	Lessee Operating Lease Liability Payments Remainder Of Fiscal Year LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear	19000	usd
CY2023Q3	us-gaap	Lessee Operating Lease Liability Payments Due Next Twelve Months LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths	75000	usd
CY2023Q3	us-gaap	Lessee Operating Lease Liability Payments Due Year Two LesseeOperatingLeaseLiabilityPaymentsDueYearTwo	77000	usd
CY2023Q3	us-gaap	Lessee Operating Lease Liability Payments Due Year Three LesseeOperatingLeaseLiabilityPaymentsDueYearThree	52000	usd
CY2023Q3	us-gaap	Lessee Operating Lease Liability Payments Due LesseeOperatingLeaseLiabilityPaymentsDue	223000	usd
CY2023Q3	us-gaap	Lessee Operating Lease Liability Undiscounted Excess Amount LesseeOperatingLeaseLiabilityUndiscountedExcessAmount	84000	usd
CY2023Q3	us-gaap	Operating Lease Liability OperatingLeaseLiability	139000	usd
CY2023Q3	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.0565
CY2023Q3	us-gaap	Lessee Operating Lease Remaining Lease Term LesseeOperatingLeaseRemainingLeaseTerm	P2Y11M1D
	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	9300000	usd
CY2023Q3	us-gaap	Stock Repurchase Program Remaining Authorized Repurchase Amount1 StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1	10700000	usd
CY2022Q3	nlcp	Convertible Units Conversion Ratio ConvertibleUnitsConversionRatio	1
CY2023Q3	nlcp	Stockholders Equity Attributable To Noncontrolling Interest Percentage StockholdersEquityAttributableToNoncontrollingInterestPercentage	0.017	rate
CY2022Q4	nlcp	Stockholders Equity Attributable To Noncontrolling Interest Percentage StockholdersEquityAttributableToNoncontrollingInterestPercentage	0.017
CY2021Q4	nlcp	Stockholders Equity Attributable To Noncontrolling Interest Percentage StockholdersEquityAttributableToNoncontrollingInterestPercentage	0.021
	nlcp	Stockholders Equity Attributable To Noncontrolling Interest Stock Issued During Period Percentage Conversion Of Units StockholdersEquityAttributableToNoncontrollingInterestStockIssuedDuringPeriodPercentageConversionOfUnits	0
CY2022	nlcp	Stockholders Equity Attributable To Noncontrolling Interest Stock Issued During Period Percentage Conversion Of Units StockholdersEquityAttributableToNoncontrollingInterestStockIssuedDuringPeriodPercentageConversionOfUnits	-0.004
CY2023Q3	nlcp	Stockholders Equity Attributable To Noncontrolling Interest Percentage StockholdersEquityAttributableToNoncontrollingInterestPercentage	0.017
CY2022Q4	nlcp	Stockholders Equity Attributable To Noncontrolling Interest Percentage StockholdersEquityAttributableToNoncontrollingInterestPercentage	0.017
CY2023Q1	nlcp	Amount Per Share In Dollars Per Share AmountPerShareInDollarsPerShare	0.39
CY2023Q2	nlcp	Amount Per Share In Dollars Per Share AmountPerShareInDollarsPerShare	0.39
CY2023Q3	nlcp	Amount Per Share In Dollars Per Share AmountPerShareInDollarsPerShare	0.39
	nlcp	Amount Per Share In Dollars Per Share AmountPerShareInDollarsPerShare	1.17
CY2022Q1	nlcp	Amount Per Share In Dollars Per Share AmountPerShareInDollarsPerShare	0.33
CY2022Q2	nlcp	Amount Per Share In Dollars Per Share AmountPerShareInDollarsPerShare	0.35
CY2022Q3	nlcp	Amount Per Share In Dollars Per Share AmountPerShareInDollarsPerShare	0.37
CY2023Q3	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	100000000	shares
CY2022Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	100000000	shares
CY2022Q4	us-gaap	Stock Repurchase Program Authorized Amount1 StockRepurchaseProgramAuthorizedAmount1	10000000	usd
CY2023Q3	us-gaap	Stock Repurchase Program Authorized Amount1 StockRepurchaseProgramAuthorizedAmount1	10000000	usd
	us-gaap	Stock Repurchased During Period Shares StockRepurchasedDuringPeriodShares	713831	shares
	nlcp	Common Stock Acquired Average Cost Per Share CommonStockAcquiredAverageCostPerShare	12.96
CY2023Q3	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	5958000	usd
CY2022Q3	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	6510000	usd
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	17623000	usd
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	15285000	usd
CY2023Q3	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	108000	usd
CY2022Q3	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	113000	usd
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	312000	usd
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	262000	usd
CY2023Q3	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	6066000	usd
CY2022Q3	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	6623000	usd
	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	17935000	usd
	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	15547000	usd
CY2023Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	21199638	shares
CY2022Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	21428905	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	21330046	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	21417149	shares
CY2023Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	21582314	shares
CY2022Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	21802487	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	21710101	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	21815763	shares
CY2023Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.28
CY2022Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.30
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.83
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.71
CY2023Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.28
CY2022Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.30
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.83
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.71
CY2023Q3	us-gaap	Notes Receivable Net NotesReceivableNet	5000000	usd
CY2022Q4	us-gaap	Notes Receivable Net NotesReceivableNet	5000000	usd
CY2023Q3	us-gaap	Line Of Credit LineOfCredit	1000000	usd
CY2022Q4	us-gaap	Line Of Credit LineOfCredit	1000000	usd
CY2023Q3	us-gaap	Loans Payable LoansPayable	997000	usd
CY2022Q4	us-gaap	Loans Payable LoansPayable	1986000	usd
CY2022Q4	us-gaap	Notes Receivable Net NotesReceivableNet	5000000	usd
CY2023Q3	us-gaap	Notes Receivable Net NotesReceivableNet	5000000	usd
CY2023Q3	nlcp	Unfunded Commitments For Development And Improvement Of Facilities UnfundedCommitmentsForDevelopmentAndImprovementOfFacilities	20200000	usd
CY2023Q3	ecd	Rule10b51 Arr Adopted Flag Rule10b51ArrAdoptedFlag	false
CY2023Q3	ecd	Non Rule10b51 Arr Adopted Flag NonRule10b51ArrAdoptedFlag	false
CY2023Q3	ecd	Non Rule10b51 Arr Trmntd Flag NonRule10b51ArrTrmntdFlag	false
CY2023Q3	ecd	Rule10b51 Arr Trmntd Flag Rule10b51ArrTrmntdFlag	false

Files In Submission

Name	View Source	Status
0001854964-23-000041-index-headers.html	Edgar Link	pending
0001854964-23-000041-index.html	Edgar Link	pending
0001854964-23-000041.txt	Edgar Link	pending
0001854964-23-000041-xbrl.zip	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
nlcp-20230930.htm	Edgar Link	pending
nlcp-20230930.xsd	Edgar Link	pending
nlcp-20230930xexx311.htm	Edgar Link	pending
nlcp-20230930xexx312.htm	Edgar Link	pending
nlcp-20230930xexx321.htm	Edgar Link	pending
nlcp-20230930xexx322.htm	Edgar Link	pending
nlcp-20230930_g1.jpg	Edgar Link	pending
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nlcp-20230930_cal.xml	Edgar Link	unprocessable
FilingSummary.xml	Edgar Link	unprocessable
nlcp-20230930_lab.xml	Edgar Link	unprocessable
nlcp-20230930_def.xml	Edgar Link	unprocessable
nlcp-20230930_pre.xml	Edgar Link	unprocessable
nlcp-20230930_htm.xml	Edgar Link	completed
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report.css	Edgar Link	pending
Show.js	Edgar Link	pending

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$NLCP
NewLake Capital Partners, Inc. Stock $nlcp

2023 Q4 Form 10-Q Financial Statement

#000185496423000041 Filed on November 09, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$NLCP NewLake Capital Partners, Inc. Stock $nlcp

2023 Q4 Form 10-Q Financial Statement

#000185496423000041 Filed on November 09, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$NLCP
NewLake Capital Partners, Inc. Stock $nlcp