Sale-Leasebacks of Real Estate (Tables)

12 Months Ended

Dec. 31, 2023

Leases [Abstract]

Schedule of Outstanding Sale-Leaseback Financing Obligations

The Company’s outstanding sale-leaseback financing obligations of real estate-related long-lived assets as of December 31, 2023 and 2022 are as follows:

	Maturity	Interest Rate as of December 31, 2023	2023		2022
			(In thousands)
1 warehouse – 2010	7/2030	10.34%	$	16,912	$	17,607
11 warehouses – 2007	9/2027	7.00% - 19.59%	78,735		84,406
3 facilities - 2007 (Agro)	7/2031	10%	60,987		63,550
1 facility - 2013 (Agro)	12/2033	10%	5,303		5,526
Total sale-leaseback financing obligations			$	161,937	$	171,089

As of December 31, 2023, future minimum lease payments, inclusive of certain obligations to be settled with the residual value of related long-lived assets upon expiration of the lease agreement, of the sale-leaseback financing obligations are as follows:

Years Ending December 31:	(In thousands)
2024	$	27,787
2025	28,075
2026	28,363
2027	25,123
2028	13,233
Thereafter	115,801
Total minimum payments	238,382
Interest portion	(76,445)
Present value of net minimum payments	$	161,937