DEFERRED RENTS RECEIVABLE (Details Narrative) $ in Millions |
12 Months Ended | |||
|---|---|---|---|---|
|
Dec. 31, 2021
USD ($)
ft²
|
Dec. 31, 2020
USD ($)
|
Jan. 31, 2017
ft²
|
Sep. 30, 2016
ft²
|
|
| Area of land | 300,000 | |||
| Lessor, Operating Lease, Option to Extend | Should the Company be awarded one or more cannabis licenses by the state of Ohio prior to the end of the initial lease period, it can extend the term of one or more of the Ohio Leases to ten years (with two additional five-year options to extend) upon the payment of $50,000 for each extended Ohio Lease, and develop the premises of such extended lease(s) into a cannabis dispensary. As of December 31, 2021, the lease terms of the Ohio Leases were all less than one year, and accordingly the Company was not required to record a right-of-use asset and corresponding lease liability on its balance sheet. The future lease payments of the Ohio Leases are excluded from the table of future minimum lease payments shown above. | |||
| Operating lease income | $ | $ 18.7 | $ 13.9 | ||
| Revenue recognization | $ | 20.4 | 15.8 | ||
| Deferred rents receivable | $ | $ 1.7 | $ 1.9 | ||
| DELAWARE | ||||
| Area of land | 45,000 | |||
| Lease expiration description | expires in 2035 | |||
| DELAWARE | Retails Space [Member] | ||||
| Area of land | 4,000 | |||
| Lease expiration description | five-year lease that expires in April 2027 that the Company has developed into a cannabis dispensary which is subleased to its cannabis-licensed client. | |||
| DELAWARE | Warehouse [Member] | ||||
| Area of land | 100,000 | |||
| Lease expiration description | The lease expires in March 2030, with an option to extend the term for three additional five-year periods | |||
| DELAWARE | Cultivation and Processing Facility [Member] | ||||
| Area of land | 60,000 | |||
| Lessor, Operating Lease, Option to Extend | The sublease expires in March 2030, with an option to extend the term for three additional five-year periods. | |||
| DELAWARE | Cannabis Production Facility [Member] | ||||
| Area of land | 12,000 | |||
| Lessor, Operating Lease, Option to Extend | The sublease expires in January 2026 and contains an option to negotiate an extension at the end of the lease term. | |||
| MARYLAND | ||||
| Area of land | 180,000 | |||
| Lease expiration description | expires in 2037 | |||
| MASSACHUSETTS | Non-Cannabis [Member] | ||||
| Area of land | 138,000 | |||
| Lease expiration description | expires in October 2022 | |||