Quarterly report pursuant to Section 13 or 15(d)

Note 3 - Investment in Real Estate - Properties Acquired and Current Properties (Details)

v3.21.2
Note 3 - Investment in Real Estate - Properties Acquired and Current Properties (Details) - USD ($)
$ in Thousands
9 Months Ended
Sep. 30, 2021
Dec. 31, 2020
Real Estate Acquired $ 89,859  
In-Place Lease Costs 25,110  
Allocated Transaction Costs 2,145  
Total 117,114  
Real Estate 265,301 $ 126,611
Costs 7,160 2,650
Total 258,141 123,961
Real Estate 265,301 126,611
Costs 7,160 2,650
Total 258,141 $ 123,961
Wholly Owned Properties [Member]    
Real Estate 124,068  
Costs 2,483  
Total 126,551  
Real Estate 124,068  
Costs 2,483  
Total 126,551  
Acreage [Member] | PENNSYLVANIA | Wholly Owned Properties [Member]    
Real Estate 9,823  
Costs 336  
Total 10,159  
Real Estate 9,823  
Costs 336  
Total 10,159  
Acreage [Member] | MASSACHUSETTS | Wholly Owned Properties [Member]    
Real Estate 9,682  
Costs 106  
Total 9,788  
Real Estate 9,682  
Costs 106  
Total 9,788  
Acreage [Member] | CONNECTICUT | Wholly Owned Properties [Member]    
Real Estate 800  
Costs 126  
Total 926  
Real Estate 800  
Costs 126  
Total 926  
Curaleaf [Member] | FLORIDA | Wholly Owned Properties [Member]    
Real Estate 53,763  
Costs 1,237  
Total 55,000  
Real Estate 53,763  
Costs 1,237  
Total 55,000  
Cresco Labs [Member] | ILLINOIS | Wholly Owned Properties [Member]    
Real Estate 50,000  
Costs 678  
Total [1] 50,678  
Real Estate 50,000  
Costs 678  
Total [1] 50,678  
Merger with Target [Member] | Trulieve [Member] | PENNSYLVANIA    
Real Estate Acquired 32,776  
In-Place Lease Costs 12,098  
Allocated Transaction Costs 783  
Total [2] 45,657  
Merger with Target [Member] | Columbia Care [Member] | MASSACHUSETTS | Lease 1 [Member]    
Real Estate Acquired 13,562  
In-Place Lease Costs 4,042  
Allocated Transaction Costs 342  
Total 17,946  
Merger with Target [Member] | Columbia Care [Member] | MASSACHUSETTS | Lease 2 [Member]    
Real Estate Acquired 2,276  
In-Place Lease Costs 366  
Allocated Transaction Costs 51  
Total 2,693  
Merger with Target [Member] | Columbia Care [Member] | ILLINOIS | Lease 1 [Member]    
Real Estate Acquired 11,144  
In-Place Lease Costs 3,047  
Allocated Transaction Costs 276  
Total 14,467  
Merger with Target [Member] | Columbia Care [Member] | ILLINOIS | Lease 2 [Member]    
Real Estate Acquired 1,192  
In-Place Lease Costs 202  
Allocated Transaction Costs 27  
Total 1,421  
Merger with Target [Member] | Columbia Care [Member] | CALIFORNIA | Lease 1 [Member]    
Real Estate Acquired 3,702  
In-Place Lease Costs 1,051  
Allocated Transaction Costs 92  
Total 4,845  
Merger with Target [Member] | Curaleaf [Member] | PENNSYLVANIA | Lease 1 [Member]    
Real Estate Acquired 2,185  
In-Place Lease Costs 362  
Allocated Transaction Costs 50  
Total 2,597  
Merger with Target [Member] | Curaleaf [Member] | PENNSYLVANIA | Lease 2 [Member]    
Real Estate Acquired 1,881  
In-Place Lease Costs 314  
Allocated Transaction Costs 43  
Total 2,238  
Merger with Target [Member] | Curaleaf [Member] | ILLINOIS | Lease 1 [Member]    
Real Estate Acquired 1,700  
In-Place Lease Costs 252  
Allocated Transaction Costs 38  
Total 1,990  
Merger with Target [Member] | Curaleaf [Member] | ILLINOIS | Lease 2 [Member]    
Real Estate Acquired 3,298  
In-Place Lease Costs 564  
Allocated Transaction Costs 75  
Total 3,937  
Merger with Target [Member] | Curaleaf [Member] | ILLINOIS | Lease 3 [Member]    
Real Estate Acquired 1,005  
In-Place Lease Costs 174  
Allocated Transaction Costs 23  
Total 1,202  
Merger with Target [Member] | Curaleaf [Member] | ILLINOIS | Lease 4 [Member]    
Real Estate Acquired 583  
In-Place Lease Costs 97  
Allocated Transaction Costs 13  
Total 693  
Merger with Target [Member] | Curaleaf [Member] | CONNECTICUT    
Real Estate Acquired 2,876  
In-Place Lease Costs 433  
Allocated Transaction Costs 64  
Total 3,373  
Merger with Target [Member] | Curaleaf [Member] | ARKANSAS    
Real Estate Acquired 2,116  
In-Place Lease Costs 314  
Allocated Transaction Costs 47  
Total 2,477  
Merger with Target [Member] | Curaleaf [Member] | OHIO    
Real Estate Acquired 3,289  
In-Place Lease Costs 571  
Allocated Transaction Costs 75  
Total 3,935  
Merger with Target [Member] | Curaleaf [Member] | NORTH DAKOTA    
Real Estate Acquired 2,133  
In-Place Lease Costs 348  
Allocated Transaction Costs 48  
Total 2,529  
Merger with Target [Member] | PharmaCann [Member] | PENNSYLVANIA    
Real Estate Acquired 1,289  
In-Place Lease Costs 251  
Allocated Transaction Costs 30  
Total 1,570  
Merger with Target [Member] | PharmaCann [Member] | MASSACHUSETTS | Lease 1 [Member]    
Real Estate Acquired 2,047  
In-Place Lease Costs 356  
Allocated Transaction Costs 47  
Total 2,450  
Merger with Target [Member] | PharmaCann [Member] | MASSACHUSETTS | Lease 2 [Member]    
Real Estate Acquired 805  
In-Place Lease Costs 268  
Allocated Transaction Costs 21  
Total [3] 1,094  
Mint [Member] | MASSACHUSETTS    
Real Estate Acquired 1,600  
Allocated Transaction Costs 0  
Total 1,600  
Mint [Member] | ARKANSAS    
Real Estate Acquired 2,710  
Allocated Transaction Costs 0  
Total [4] 2,710  
Revolutionary [Member] | MASSACHUSETTS    
Real Estate Acquired 42,275  
Allocated Transaction Costs 585  
Total [5] 42,860  
Properties Acquired [Member]    
Real Estate Acquired 136,444  
In-Place Lease Costs 25,110  
Allocated Transaction Costs 2,730  
Total $ 164,284  
[1] Includes $10 million of tenant improvements which have been fully funded as of June 30, 2021.
[2] Includes $4.6 million of tenant improvement reimbursement commitments which were funded after the merger.
[3] Excludes $806,540 of tenant improvement reimbursement commitments which were previously included that we do not expect to be funded as of September 30, 2021.
[4] Includes $310,035 of tenant improvement reimbursement commitments which have been fully funded.
[5] Includes $40.1 million in cash and 88,200 OP units issued in connection with the purchase of the property. The Company is required to issue 132,727 OP Units pursuant to a contribution agreement if certain conditions are met.