Sale-Leasebacks of Real Estate (Tables)

12 Months Ended

Dec. 31, 2021

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, 2021 and 2020 are as follows:

	Maturity	Interest Rate as of December 31, 2021	2021		2020
			(In thousands)
1 warehouse – 2010	7/2030	10.34%	$	18,177	$	18,669
11 warehouses – 2007	9/2027	7.00%-19.59%	89,269		93,316
3 facilities - 2007 (Agro)	7/2031	10%	65,661		67,229
1 facility - 2013 (Agro)	12/2033	10%	5,710		5,846
Total sale-leaseback financing obligations			$	178,817	$	185,060

As of December 31, 2021, 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)
2022	$	27,065
2023	27,460
2024	27,787
2025	28,075
2026	28,363
Thereafter	154,190
Total minimum payments	292,940
Interest portion	(114,123)
Present value of net minimum payments	$	178,817