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Acquisitions and Dispositions (Tables)
 6 Months Ended
Jun. 30, 2022
Real Estate [Abstract]  
Schedule of Operating Properties Acquired
The following table shows the Company’s acquisitions of stores for the three and six months ended June 30, 2022 and 2021. The table excludes purchases of raw land and improvements made to existing assets. All store acquisitions are considered asset acquisitions under ASU 2017-01, "Business Combinations (Topic 805): Clarifying the Definition of a Business."
Total
QuarterNumber of StoresCash PaidFinance Lease LiabilityInvestments in Real Estate VenturesNet Liabilities/ (Assets) AssumedValue of Equity IssuedReal estate assets
Q2 202215$220,933 $6,823 $— $811 $— $228,567 
Q1 202214185,910 — 747 274 40,965 227,896 
Total 202229$406,843 $6,823 $747 $1,085 $40,965 $456,463 
Q2 202115$190,729 $— $2,673 $381 $— $193,783 
Q1 20219148,940 — — 2,944 — 151,884 
Total 202174$339,669 $— $2,673 $3,325 $— $345,667 
Reconciliation of Purchase Price
The following table summarizes the total consideration transferred to acquire Bargold:

Total cash paid by the company$157,302 
Fair value of Series D Units issued16,000 
Fair value of OP Units issued6,000 
Total consideration transferred$179,302 
Fair Values of Assets Acquired and Liabilities Assumed
The following table summarizes the preliminary estimated fair values of the assets acquired and liabilities assumed at the acquisition date.
Cash and cash equivalents$175 
Fixed assets6,411 
Developed technology500 
Trademarks500 
Customer relationships1,870 
Other assets125 
Accounts payables and accrued liabilities assumed(1,090)
Nets asset acquired8,491 
Goodwill170,811 
Total assets acquired$179,302 
Revenues and Earnings of Acquired Company
The following table summarizes the revenues and earnings related to Bargold since the acquisition date of June 1, 2022, which are included in the Company's consolidated statement of operations for the six months ended June 30, 2022:
Total revenues$1,309 
Net income from operations$321 
The following pro forma financial information is based on the combined historical financial statements of the Company and Bargold, however, only includes revenue and presents the Company's results as if the acquisition had occurred on January 1, 2021. Net income was excluded as it was impracticable to report expenses due to the lack of historical accrual basis accounting.
For the Six Months Ended June 30, 2022For the Year Ended December 31, 2021
Pro FormaPro Forma
Total revenues$925,196 $1,592,021