$NLCP
NewLake Capital Partners, Inc. Stock $nlcp

$nlcp Overview Financials Valuation SEC Filings Company Website

2024 Q3 Form 10-Q Financial Statement

#000185496424000041 Filed on August 08, 2024

Income Statement

Concept	2024 Q3	2024 Q2
Revenue	$12.55M	$12.46M
YoY Change	9.25%	9.48%
Cost Of Revenue	$128.0K	$28.00K
YoY Change
Gross Profit	$12.43M	$12.43M
YoY Change
Gross Profit Margin	98.98%	99.78%
Selling, General & Admin	$2.077M	$1.848M
YoY Change	7.06%	-8.56%
% of Gross Profit	16.71%	14.87%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$3.200M	$3.100M
YoY Change	3.23%	0.0%
% of Gross Profit	25.75%	24.95%
Operating Expenses	$5.931M	$5.502M
YoY Change	7.68%	-1.56%
Operating Profit	$6.635M	$6.965M
YoY Change	10.9%	20.36%
Interest Expense	-$97.00K	-$47.00K
YoY Change	-202.11%	-148.45%
% of Operating Profit	-1.46%	-0.67%
Other Income/Expense, Net	-$97.00K	-$47.00K
YoY Change	-216.87%	-142.34%
Pretax Income	$6.538M	$6.918M
YoY Change	7.71%	17.29%
Income Tax
% Of Pretax Income
Net Earnings	$6.422M	$6.796M
YoY Change	7.79%	17.23%
Net Earnings / Revenue	51.16%	54.56%
Basic Earnings Per Share	$0.31	$0.33
Diluted Earnings Per Share	$0.31	$0.33
COMMON SHARES
Basic Shares Outstanding	20.51M shares	20.51M shares
Diluted Shares Outstanding	20.98M shares	20.95M shares

Balance Sheet

Concept	2024 Q3	2024 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments	$19.83M	$20.69M
YoY Change	-36.23%	-49.14%
Cash & Equivalents	$19.83M	$20.69M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets	$19.83M	$20.69M
YoY Change	-36.23%	-49.14%
LONG-TERM ASSETS
Property, Plant & Equipment	$389.0M	$389.6M
YoY Change	3.78%	3.82%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets	$414.7M	$415.5M
YoY Change	2.65%	2.66%
TOTAL ASSETS
Total Short-Term Assets	$19.83M	$20.69M
Total Long-Term Assets	$414.7M	$415.5M
Total Assets	$434.6M	$436.2M
YoY Change	-0.13%	-2.07%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$1.253M	$921.0K
YoY Change	25.3%	-35.32%
Accrued Expenses	$135.0K	$153.0K
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$19.39M	$18.87M
YoY Change	16.82%	8.75%
LONG-TERM LIABILITIES
Long-Term Debt	$7.600M	$7.600M
YoY Change	280.0%	281.33%
Other Long-Term Liabilities	$663.0K	$780.0K
YoY Change	-39.73%	-14.75%
Total Long-Term Liabilities	$8.263M	$8.380M
YoY Change	166.55%	188.17%
TOTAL LIABILITIES
Total Short-Term Liabilities	$19.39M	$18.87M
Total Long-Term Liabilities	$8.263M	$8.380M
Total Liabilities	$27.66M	$27.25M
YoY Change	40.58%	34.5%
SHAREHOLDERS EQUITY
Retained Earnings	-$47.01M	-$44.58M
YoY Change	18.6%	18.86%
Common Stock	$205.0K	$205.0K
YoY Change	-0.97%	-3.76%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$399.7M	$401.6M
YoY Change
Total Liabilities & Shareholders Equity	$434.6M	$436.2M
YoY Change	-0.13%	-2.07%

Cashflow Statement

Concept	2024 Q3	2024 Q2
OPERATING ACTIVITIES
Net Income	$6.422M	$6.796M
YoY Change	7.79%	17.23%
Depreciation, Depletion And Amortization	$3.200M	$3.100M
YoY Change	3.23%	0.0%
Cash From Operating Activities	$10.96M	$11.72M
YoY Change	16.73%	17.44%
INVESTING ACTIVITIES
Capital Expenditures	$0.00	$3.993M
YoY Change
Acquisitions
YoY Change
Other Investing Activities	-$2.593M	-$3.477M
YoY Change	-0.65%	118.13%
Cash From Investing Activities	-$2.593M	-$7.470M
YoY Change	-0.65%	368.63%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-9.222M	-5.106M
YoY Change	-43.7%	-44.54%
NET CHANGE
Cash From Operating Activities	10.96M	11.72M
Cash From Investing Activities	-2.593M	-7.470M
Cash From Financing Activities	-9.222M	-5.106M
Net Change In Cash	-854.0K	-859.0K
YoY Change	-91.1%	4.25%
FREE CASH FLOW
Cash From Operating Activities	$10.96M	$11.72M
Capital Expenditures	$0.00	$3.993M
Free Cash Flow	$10.96M	$7.724M
YoY Change	16.73%	-22.58%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2023Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	20503520	shares
CY2023Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	20503520	shares
CY2024Q2	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	424000	usd
CY2024Q2	us-gaap	Dividends Common Stock DividendsCommonStock	8819000	usd
CY2024Q2	us-gaap	Dividends Share Based Compensation DividendsShareBasedCompensation	79000	usd
CY2024Q2	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	161000	usd
CY2024Q2	nlcp	Adjustment For Noncontrolling Interest Ownership In Operating Partnership AdjustmentForNoncontrollingInterestOwnershipInOperatingPartnership	0	usd
CY2024Q2	us-gaap	Profit Loss ProfitLoss	6918000	usd
CY2024Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	408946000	usd
CY2023Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	428111000	usd
CY2023Q2	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	373000	usd
CY2023Q2	us-gaap	Dividends Common Stock DividendsCommonStock	8308000	usd
CY2023Q2	us-gaap	Dividends Share Based Compensation DividendsShareBasedCompensation	41000	usd
CY2023Q2	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	145000	usd
CY2023Q2	nlcp	Adjustment For Noncontrolling Interest Ownership In Operating Partnership AdjustmentForNoncontrollingInterestOwnershipInOperatingPartnership	0	usd
CY2023Q2	us-gaap	Profit Loss ProfitLoss	5898000	usd
CY2023Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	425176000	usd
CY2023Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	411957000	usd
	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	774000	usd
	us-gaap	Dividends Common Stock DividendsCommonStock	17228000	usd
	us-gaap	Dividends Share Based Compensation DividendsShareBasedCompensation	109000	usd
	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	314000	usd
	nlcp	Adjustment For Noncontrolling Interest Ownership In Operating Partnership AdjustmentForNoncontrollingInterestOwnershipInOperatingPartnership	0	usd
CY2024Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	408946000	usd
CY2022Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	430938000	usd
	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	-221000	usd
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-339000	usd
	us-gaap	Increase Decrease In Security Deposits IncreaseDecreaseInSecurityDeposits	447000	usd
	us-gaap	Increase Decrease In Security Deposits IncreaseDecreaseInSecurityDeposits	317000	usd
CY2024Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	20687000	usd
CY2024Q2	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	-373000	usd
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-234000	usd
CY2023	us-gaap	Payments For Tenant Improvements PaymentsForTenantImprovements	14434000	usd
CY2022Q2	us-gaap	Operating Lease Right Of Use Asset Statement Of Financial Position Extensible List OperatingLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList	http://fasb.org/us-gaap/2024#OtherAssets
CY2022Q2	us-gaap	Operating Lease Liability Statement Of Financial Position Extensible List OperatingLeaseLiabilityStatementOfFinancialPositionExtensibleList	http://fasb.org/us-gaap/2024#OtherLiabilities
CY2024Q2	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2024Q2	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	20509883	shares
CY2024Q2	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	20509883	shares
CY2023Q2	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	712000	usd
	us-gaap	Adjustments To Additional Paid In Capital Share Based Compensation Restricted Stock Units Requisite Service Period Recognition AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition	0	usd
	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	46000	usd
	us-gaap	Profit Loss ProfitLoss	13912000	usd
	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	1334000	usd
	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	681000	usd
	us-gaap	Dividends Common Stock DividendsCommonStock	16638000	usd
	us-gaap	Dividends Share Based Compensation DividendsShareBasedCompensation	48000	usd
	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	291000	usd
	nlcp	Adjustment For Noncontrolling Interest Ownership In Operating Partnership AdjustmentForNoncontrollingInterestOwnershipInOperatingPartnership	0	usd
	us-gaap	Profit Loss ProfitLoss	11868000	usd
CY2023Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	425176000	usd
	us-gaap	Profit Loss ProfitLoss	13912000	usd
	us-gaap	Profit Loss ProfitLoss	11868000	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	774000	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	681000	usd
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	7194000	usd
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	7130000	usd
	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	134000	usd
	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	137000	usd
	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	0	usd
	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	7000	usd
	us-gaap	Provision For Loan Losses Expensed ProvisionForLoanLossesExpensed	-26000	usd
	us-gaap	Provision For Loan Losses Expensed ProvisionForLoanLossesExpensed	0	usd
	nlcp	Non Cash Lease Expense NonCashLeaseExpense	-1000	usd
	nlcp	Non Cash Lease Expense NonCashLeaseExpense	0	usd
	nlcp	Non Cash Application Of Rent Escrow NonCashApplicationOfRentEscrow	-274000	usd
	nlcp	Non Cash Application Of Rent Escrow NonCashApplicationOfRentEscrow	0	usd
	nlcp	Non Cash Application Of Security Deposit NonCashApplicationOfSecurityDeposit	0	usd
	nlcp	Non Cash Application Of Security Deposit NonCashApplicationOfSecurityDeposit	630000	usd
	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	-206000	usd
	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	-677000	usd
	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	-77000	usd
	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	-758000	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	21759000	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	18214000	usd
	us-gaap	Payments For Tenant Improvements PaymentsForTenantImprovements	11371000	usd
	us-gaap	Payments For Tenant Improvements PaymentsForTenantImprovements	2996000	usd
	us-gaap	Payments To Acquire Real Estate PaymentsToAcquireRealEstate	3993000	usd
	us-gaap	Payments To Acquire Real Estate PaymentsToAcquireRealEstate	350000	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-15364000	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-3346000	usd
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	0	usd
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	1334000	usd
	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	46000	usd
	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	0	usd
	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	16610000	usd
	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	16679000	usd
	us-gaap	Payments Of Capital Distribution PaymentsOfCapitalDistribution	114000	usd
	us-gaap	Payments Of Capital Distribution PaymentsOfCapitalDistribution	51000	usd
	us-gaap	Payments To Minority Shareholders PaymentsToMinorityShareholders	303000	usd
	us-gaap	Payments To Minority Shareholders PaymentsToMinorityShareholders	291000	usd
	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	6600000	usd
	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	0	usd
	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	1000000	usd
	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	1000000	usd
	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	0	usd
	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	31000	usd
	nlcp	Payment Of Deferred Offering Costs PaymentOfDeferredOfferingCosts	78000	usd
	nlcp	Payment Of Deferred Offering Costs PaymentOfDeferredOfferingCosts	0	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-11551000	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-19386000	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-5156000	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-4518000	usd
CY2023Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	25843000	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	45192000	usd
	us-gaap	Interest Paid Net InterestPaidNet	99000	usd
	us-gaap	Interest Paid Net InterestPaidNet	109000	usd
CY2024Q2	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	9009000	usd
CY2023Q2	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	8468000	usd
CY2024Q2	nlcp	Deferred Offering Cost Payable DeferredOfferingCostPayable	143000	usd
CY2023Q2	nlcp	Deferred Offering Cost Payable DeferredOfferingCostPayable	0	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 </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%">estimates include, but are not limited to, useful lives for depreciation of property and corporate assets, the fair value of acquired real estate and in-place lease intangibles acquired, and the valuation 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>
CY2024Q2	us-gaap	Number Of Real Estate Properties NumberOfRealEstateProperties	32	property
CY2024Q2	nlcp	Number Of States In Which Entity Owns Property NumberOfStatesInWhichEntityOwnsProperty	12	state
CY2024Q2	us-gaap	Land Land	21717000	usd
CY2024Q2	us-gaap	Investment Building And Building Improvements InvestmentBuildingAndBuildingImprovements	405955000	usd
CY2024Q2	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	427672000	usd
CY2024Q2	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	38191000	usd
CY2024Q2	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	389481000	usd
CY2024Q2	us-gaap	Construction In Progress Gross ConstructionInProgressGross	20100000	usd
	us-gaap	Payments For Tenant Improvements PaymentsForTenantImprovements	11400000	usd
	us-gaap	Payments For Tenant Improvements PaymentsForTenantImprovements	11371000	usd
CY2024Q2	nlcp	Unfunded Commitments UnfundedCommitments	15804000	usd
CY2023Q4	nlcp	Unfunded Commitments UnfundedCommitments	14351000	usd
CY2024Q2	us-gaap	Construction In Progress Gross ConstructionInProgressGross	20100000	usd
CY2023Q4	us-gaap	Construction In Progress Gross ConstructionInProgressGross	24200000	usd
CY2023Q4	us-gaap	Construction In Progress Gross ConstructionInProgressGross	24159000	usd
	nlcp	Construction In Progress Fundings ConstructionInProgressFundings	11371000	usd
	nlcp	Construction In Progress Placed In Service ConstructionInProgressPlacedInService	15389000	usd
CY2024Q2	us-gaap	Construction In Progress Gross ConstructionInProgressGross	20141000	usd
CY2022Q4	us-gaap	Construction In Progress Gross ConstructionInProgressGross	10541000	usd
CY2023	nlcp	Construction In Progress Fundings ConstructionInProgressFundings	13618000	usd
CY2023	nlcp	Construction In Progress Placed In Service ConstructionInProgressPlacedInService	0	usd
CY2023Q4	us-gaap	Construction In Progress Gross ConstructionInProgressGross	24159000	usd
	us-gaap	Proceeds From Sale Of Real Estate ProceedsFromSaleOfRealEstate	0	usd
CY2023Q4	nlcp	Number Of Real Estate Properties Sold NumberOfRealEstatePropertiesSold	1	property
CY2024Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear	993000	usd
CY2024Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense Next Twelve Months FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths	1985000	usd
CY2024Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Two FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo	1985000	usd
CY2024Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Three FiniteLivedIntangibleAssetsAmortizationExpenseYearThree	1985000	usd
CY2024Q2	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Four FiniteLivedIntangibleAssetsAmortizationExpenseYearFour	1985000	usd
CY2024Q2	nlcp	Finite Lived Intangible Asset Expected Amortization After Year Four FiniteLivedIntangibleAssetExpectedAmortizationAfterYearFour	9853000	usd
CY2024Q2	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	18786000	usd
CY2023Q2	us-gaap	Depreciation Depreciation	3100000	usd
CY2024Q2	us-gaap	Depreciation Depreciation	3100000	usd
	us-gaap	Depreciation Depreciation	6200000	usd
	us-gaap	Depreciation Depreciation	6100000	usd
CY2024Q2	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	500000	usd
CY2023Q2	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	500000	usd
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	1000000.0	usd
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	1000000.0	usd
CY2023Q2	us-gaap	Impairment Of Real Estate ImpairmentOfRealEstate	0	usd
CY2024Q2	us-gaap	Impairment Of Real Estate ImpairmentOfRealEstate	0	usd
CY2024Q2	nlcp	Lessor Reimbursable Revenue LessorReimbursableRevenue	18400	usd
CY2023Q2	nlcp	Lessor Reimbursable Revenue LessorReimbursableRevenue	14300	usd
	nlcp	Lessor Reimbursable Revenue LessorReimbursableRevenue	318200	usd
	nlcp	Lessor Reimbursable Revenue LessorReimbursableRevenue	97400	usd
CY2024Q2	nlcp	Lessor Number Of Leases Subject To Purchase Option LessorNumberOfLeasesSubjectToPurchaseOption	2	lease
CY2024Q2	nlcp	Lessor Number Of Leases Subject To Purchase Option LessorNumberOfLeasesSubjectToPurchaseOption	2	lease
CY2024Q2	us-gaap	Lessor Operating Lease Payments To Be Received Remainder Of Fiscal Year LessorOperatingLeasePaymentsToBeReceivedRemainderOfFiscalYear	25448000	usd
CY2024Q2	us-gaap	Lessor Operating Lease Payments To Be Received Next Twelve Months LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths	52587000	usd
CY2024Q2	us-gaap	Lessor Operating Lease Payments To Be Received Two Years LessorOperatingLeasePaymentsToBeReceivedTwoYears	55042000	usd
CY2024Q2	us-gaap	Lessor Operating Lease Payments To Be Received Three Years LessorOperatingLeasePaymentsToBeReceivedThreeYears	56473000	usd
CY2024Q2	us-gaap	Lessor Operating Lease Payments To Be Received Four Years LessorOperatingLeasePaymentsToBeReceivedFourYears	57942000	usd
CY2024Q2	nlcp	Lessor Operating Lease Payment To Be Received After Year Four LessorOperatingLeasePaymentToBeReceivedAfterYearFour	577019000	usd
CY2024Q2	us-gaap	Lessor Operating Lease Payments To Be Received LessorOperatingLeasePaymentsToBeReceived	824511000	usd
CY2024Q2	us-gaap	Number Of Real Estate Properties NumberOfRealEstateProperties	32	property
CY2023Q4	us-gaap	Number Of Real Estate Properties NumberOfRealEstateProperties	31	property
CY2024Q2	nlcp	Number Of Tenants NumberOfTenants	13	tenant
CY2023Q4	nlcp	Number Of Tenants NumberOfTenants	13	tenant
CY2024Q2	nlcp	Number Of States In Which Entity Owns Property NumberOfStatesInWhichEntityOwnsProperty	12	state
CY2023Q4	nlcp	Number Of States In Which Entity Owns Property NumberOfStatesInWhichEntityOwnsProperty	12	state
CY2024Q2	nlcp	Lessee Number Of Leases LesseeNumberOfLeases	1	lease
CY2022Q2	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	273000	usd
CY2024Q2	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	144800	usd
CY2023Q4	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	177400	usd
CY2024Q2	us-gaap	Lessee Operating Lease Liability Payments Remainder Of Fiscal Year LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear	38000	usd
CY2024Q2	us-gaap	Lessee Operating Lease Liability Payments Due Next Twelve Months LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths	77000	usd
CY2024Q2	us-gaap	Lessee Operating Lease Liability Payments Due Year Two LesseeOperatingLeaseLiabilityPaymentsDueYearTwo	52000	usd
CY2024Q2	us-gaap	Lessee Operating Lease Liability Payments Due LesseeOperatingLeaseLiabilityPaymentsDue	167000	usd
CY2024Q2	us-gaap	Lessee Operating Lease Liability Undiscounted Excess Amount LesseeOperatingLeaseLiabilityUndiscountedExcessAmount	14000	usd
CY2024Q2	us-gaap	Operating Lease Liability OperatingLeaseLiability	153000	usd
CY2024Q2	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.0565
CY2024Q2	us-gaap	Lessee Operating Lease Remaining Lease Term LesseeOperatingLeaseRemainingLeaseTerm	P2Y2M1D
CY2023Q4	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	166700	usd
CY2024Q1	us-gaap	Financing Receivable Allowance For Credit Losses Period Increase Decrease FinancingReceivableAllowanceForCreditLossesPeriodIncreaseDecrease	-14300	usd
CY2024Q1	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	152400	usd
CY2024Q2	us-gaap	Financing Receivable Allowance For Credit Losses Period Increase Decrease FinancingReceivableAllowanceForCreditLossesPeriodIncreaseDecrease	-11800	usd
CY2024Q2	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	140600	usd
CY2024Q2	nlcp	Stockholders Equity Attributable To Noncontrolling Interest Percentage StockholdersEquityAttributableToNoncontrollingInterestPercentage	0.018	rate
CY2023Q4	nlcp	Stockholders Equity Attributable To Noncontrolling Interest Percentage StockholdersEquityAttributableToNoncontrollingInterestPercentage	0.018	rate
CY2023Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	100000000	shares
CY2024Q2	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	100000000	shares
CY2023Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2024Q2	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2023Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	400000000	shares
CY2024Q2	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	400000000	shares
CY2024Q2	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	20509883	shares
CY2024Q2	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	20509883	shares
CY2023Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	20503520	shares
CY2023Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	20503520	shares
CY2023Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2024Q2	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2022Q4	srt	Stock Repurchase Program Authorized Amount1 StockRepurchaseProgramAuthorizedAmount1	10000000.0	usd
CY2023Q3	srt	Stock Repurchase Program Authorized Amount1 StockRepurchaseProgramAuthorizedAmount1	10000000.0	usd
	us-gaap	Stock Repurchased During Period Shares StockRepurchasedDuringPeriodShares	0	shares
	us-gaap	Stock Repurchased During Period Shares StockRepurchasedDuringPeriodShares	105679	shares
	nlcp	Common Stock Acquired Average Cost Per Share CommonStockAcquiredAverageCostPerShare	12.62
	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	1300000	usd
CY2024Q2	us-gaap	Stock Repurchase Program Remaining Authorized Repurchase Amount1 StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1	8200000	usd
CY2024Q1	nlcp	Amount Per Share In Dollars Per Share AmountPerShareInDollarsPerShare	0.41
CY2024Q2	nlcp	Amount Per Share In Dollars Per Share AmountPerShareInDollarsPerShare	0.43
	nlcp	Amount Per Share In Dollars Per Share AmountPerShareInDollarsPerShare	0.84
CY2023Q1	nlcp	Amount Per Share In Dollars Per Share AmountPerShareInDollarsPerShare	0.39
CY2023Q2	nlcp	Amount Per Share In Dollars Per Share AmountPerShareInDollarsPerShare	0.39
	nlcp	Amount Per Share In Dollars Per Share AmountPerShareInDollarsPerShare	0.78
CY2024Q2	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	6796000	usd
CY2023Q2	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	5797000	usd
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	13665000	usd
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	11665000	usd
CY2024Q2	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	122000	usd
CY2023Q2	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	101000	usd
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	247000	usd
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	203000	usd
CY2024Q2	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	6918000	usd
CY2023Q2	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	5898000	usd
	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	13912000	usd
	us-gaap	Net Income Loss Available To Common Stockholders Diluted NetIncomeLossAvailableToCommonStockholdersDiluted	11868000	usd
CY2024Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	20555362	shares
CY2023Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	21369489	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	20548601	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	21396330	shares
CY2024Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	20951379	shares
CY2023Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	21743071	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	20946805	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	21769912	shares
CY2024Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.33
CY2023Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.27
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.66
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.55
CY2024Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.33
CY2023Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.27
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.66
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.55
CY2024Q2	us-gaap	Notes Receivable Net NotesReceivableNet	4859000	usd
CY2023Q4	us-gaap	Notes Receivable Net NotesReceivableNet	4833000	usd
CY2024Q2	us-gaap	Line Of Credit LineOfCredit	7600000	usd
CY2023Q4	us-gaap	Line Of Credit LineOfCredit	1000000	usd
CY2024Q2	us-gaap	Loans Payable LoansPayable	0	usd
CY2023Q4	us-gaap	Loans Payable LoansPayable	1000000	usd
CY2023Q4	us-gaap	Notes Receivable Gross NotesReceivableGross	5000000.0	usd
CY2024Q2	us-gaap	Notes Receivable Gross NotesReceivableGross	5000000.0	usd
CY2024Q2	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	140600	usd
CY2023Q4	us-gaap	Financing Receivable Allowance For Credit Losses FinancingReceivableAllowanceForCreditLosses	166700	usd
CY2024Q2	nlcp	Unfunded Commitments For Development And Improvement Of Facilities UnfundedCommitmentsForDevelopmentAndImprovementOfFacilities	15800000	usd
CY2024Q2	nlcp	Lessee Number Of Leases LesseeNumberOfLeases	1	lease
CY2024Q2	ecd	Non Rule10b51 Arr Adopted Flag NonRule10b51ArrAdoptedFlag	false
CY2024Q2	ecd	Rule10b51 Arr Adopted Flag Rule10b51ArrAdoptedFlag	false
CY2024Q2	ecd	Rule10b51 Arr Trmntd Flag Rule10b51ArrTrmntdFlag	false
CY2024Q2	ecd	Non Rule10b51 Arr Trmntd Flag NonRule10b51ArrTrmntdFlag	false

Files In Submission

Name	View Source	Status
0001854964-24-000041-index-headers.html	Edgar Link	pending
0001854964-24-000041-index.html	Edgar Link	pending
0001854964-24-000041.txt	Edgar Link	pending
0001854964-24-000041-xbrl.zip	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
nlcp-20240630.htm	Edgar Link	pending
nlcp-20240630.xsd	Edgar Link	pending
nlcp-20240630xexx311.htm	Edgar Link	pending
nlcp-20240630xexx312.htm	Edgar Link	pending
nlcp-20240630xexx321.htm	Edgar Link	pending
nlcp-20240630xexx322.htm	Edgar Link	pending
nlcp-20240630_g1.jpg	Edgar Link	pending
R1.htm	Edgar Link	pending
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R4.htm	Edgar Link	pending
nlcp-20240630_cal.xml	Edgar Link	unprocessable
nlcp-20240630_def.xml	Edgar Link	unprocessable
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nlcp-20240630_htm.xml	Edgar Link	completed
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R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending
nlcp-20240630_pre.xml	Edgar Link	unprocessable
FilingSummary.xml	Edgar Link	unprocessable

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$NLCP
NewLake Capital Partners, Inc. Stock $nlcp

2024 Q3 Form 10-Q Financial Statement

#000185496424000041 Filed on August 08, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$NLCP NewLake Capital Partners, Inc. Stock $nlcp

2024 Q3 Form 10-Q Financial Statement

#000185496424000041 Filed on August 08, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$NLCP
NewLake Capital Partners, Inc. Stock $nlcp