Sale-Leasebacks of Real Estate (Tables)

12 Months Ended

Dec. 31, 2022

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, 2022 and 2021 are as follows:

	Maturity	Interest Rate as of December 31, 2022	2022		2021
			(In thousands)
1 warehouse – 2010	7/2030	10.34%	$	17,607	$	18,177
11 warehouses – 2007	9/2027	7.00%-19.59%	84,406		89,269
3 facilities - 2007 (Agro)	7/2031	10%	63,550		65,661
1 facility - 2013 (Agro)	12/2033	10%	5,526		5,710
Total sale-leaseback financing obligations			$	171,089	$	178,817

As of December 31, 2022, 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)
2023	$	27,460
2024	27,787
2025	28,075
2026	28,363
2027	25,123
Thereafter	129,034
Total minimum payments	265,842
Interest portion	(94,753)
Present value of net minimum payments	$	171,089