v3.26.3
Real Estate
9 Months Ended
Sep. 30, 2026
Real Estate  
Real Estate

Note 5—Real Estate

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During the nine months ended September 30, 2026, the Company had no acquisitions of properties.

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During the nine months ended September 30, 2025, the Company completed acquisitions of six properties in the Corn Belt region. Aggregate cash consideration for these acquisitions totaled $7.3 million. No intangible assets were acquired through these acquisitions.

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During the nine months ended September 30, 2026, the Company completed dispositions of three properties in the Corn Belt and West Coast regions. The Company received $17.4 million in aggregate consideration and recognized an aggregate net gain on sale of $3.3 million.

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During the nine months ended September 30, 2025, the Company completed dispositions of 35 properties for aggregate consideration of $85.5 million, including $2.1 million in seller financing, and recognized an aggregate gain on sale of $24.5 million.

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