v3.26.1
Real Estate
6 Months Ended
Jun. 30, 2026
Real Estate  
Real Estate

Note 5—Real Estate

During the six months ended June 30, 2026, the Company had no acquisitions of properties.

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, 2026, the Company completed dispositions of two properties in the Corn Belt and West Coast regions. The Company received $16.4 million in aggregate consideration and recognized an aggregate  net gain on sale of $3.3 million.

During the six months ended June 30, 2025, the Company completed dispositions of 34 properties for aggregate consideration of $81.6 million, including $2.1 million in seller financing, and recognized an aggregate gain on sale of $25.0 million.

During the three and six months ended June 30, 2026 and 2025, the Company incurred an immaterial amount of costs related to acquisitions and due diligence.