Real Estate |
6 Months Ended |
|---|---|
Jun. 30, 2025 | |
| Real Estate | |
| Real Estate | Note 5—Real Estate During the six months ended June 30, 2025, the Company completed acquisitions consisting of five properties in the Corn Belt region. Aggregate cash consideration for these acquisitions totaled $6.5 million. No intangible assets were acquired through these acquisitions. During the six months ended June 30, 2024, the Company completed acquisitions consisting of three properties in the Corn Belt region. Aggregate cash consideration for these acquisitions totaled $16.3 million. No intangible assets were acquired through these acquisitions. During the six months ended June 30, 2025, the Company completed dispositions consisting of 34 properties in the Corn Belt, Delta and South, High Plains and West Coast regions. The Company received $81.6 million in aggregate consideration, including $2.1 million in seller financing, and recognized an aggregate gain on sale of $25.0 million. During the six months ended June 30, 2024, the Company had no property dispositions. During the three and six months ended June 30, 2025 and 2024, the Company incurred an immaterial amount of costs related to acquisitions and due diligence. |