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Segment Information | 3 Months Ended
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Mar. 31, 2022
Segment Reporting [Abstract] |
Segment Information | Segment InformationWe evaluate performance and make resource allocation decisions on an industry by industry basis. For financial reporting purposes, we have grouped our clients into 70 activity segments. All of the properties are incorporated into one of the applicable segments. Unless otherwise specified, all segments listed below are located within the U.S. Because almost all of our leases require our clients to pay or reimburse us for operating expenses, rental revenue is the only component of segment profit and loss we measure. Our investments in industries outside of the U.S. are managed as separate operating segments. The following tables set forth certain information regarding the properties owned by us, classified according to the business of the respective clients (dollars in thousands):
Assets, as of: |  | March 31, 2022 |  | December 31, 2021
Segment net real estate: |  |  |  |
Automotive service |  | $ | 894,082 |  |  | $ | 852,151 |
Beverages |  | 360,894 |  |  | 362,570 |
Convenience stores - U.S. |  | 2,896,397 |  |  | 2,844,800 |
Dollar stores |  | 2,296,944 |  |  | 2,303,906 |
Drug stores |  | 2,141,458 |  |  | 2,182,432 |
Financial services |  | 565,437 |  |  | 576,065 |
General merchandise - U.S. |  | 1,304,448 |  |  | 1,289,735 |
Grocery stores - U.S. (1) |  | 1,590,169 |  |  | 1,517,237 |
Grocery stores - U.K. (1) |  | 2,004,833 |  |  | 1,963,057 |
Health and fitness |  | 1,303,126 |  |  | 1,325,932 |
Health care - U.S. |  | 671,638 |  |  | 670,864 |
Home furnishings - U.S. |  | 715,142 |  |  | 583,564 |
Home improvement - U.S. |  | 956,195 |  |  | 946,870 |
Home improvement - U.K. |  | 846,093 |  |  | 780,308 |
Restaurants - casual dining |  | 1,988,707 |  |  | 2,016,017 |
Restaurants - quick service - U.S. |  | 2,681,001 |  |  | 2,689,806 |
Theaters - U.S. |  | 738,894 |  |  | 750,877 |
Transportation services |  | 1,039,295 |  |  | 1,039,220 |
Wholesale club |  | 873,026 |  |  | 865,658 |
Other non-reportable segments |  | 6,848,753 |  |  | 6,427,803 |
Total net real estate |  | $ | 32,716,532 |  |  | $ | 31,988,872 |
Intangible assets: |  |  |  |
Automotive service |  | 123,378 |  |  | 125,543 |
Beverages |  | 17,077 |  |  | 17,452 |
Convenience stores - U.S. |  | 255,578 |  |  | 275,548 |
Dollar stores |  | 348,709 |  |  | 366,319 |
Drug stores |  | 345,852 |  |  | 355,779 |
Financial services |  | 87,572 |  |  | 92,986 |
General merchandise - U.S. |  | 251,379 |  |  | 254,343 |
Grocery stores - U.S. (1) |  | 370,607 |  |  | 378,181 |
Grocery stores - U.K. (1) |  | 443,576 |  |  | 426,714 |
Health and fitness |  | 118,271 |  |  | 125,586 |
Health care - U.S. |  | 100,396 |  |  | 103,143 |
Home furnishings - U.S. |  | 203,480 |  |  | 210,654 |
Home improvement - U.S. |  | 206,915 |  |  | 207,637 |
Home improvement - U.K. |  | 158,519 |  |  | 158,667 |
Restaurants - casual dining |  | 402,818 |  |  | 416,653 |
Restaurants - quick service - U.S. |  | 247,549 |  |  | 270,092 |
Theaters - U.S. |  | 32,369 |  |  | 33,527 |
Transportation services |  | 119,598 |  |  | 125,971 |
Wholesale club |  | 156,165 |  |  | 155,032 |
Other non-reportable segments |  | 1,202,826 |  |  | 1,176,298 |
Goodwill (2) |  | 3,711,981 |  |  | 3,676,705 |
Other corporate assets |  | 2,440,870 |  |  | 2,195,800 |
Total assets |  | $ | 44,062,017 |  |  | $ | 43,137,502 |
(1) As of March 31, 2022, grocery stores - Spain was not a reportable segment. (2) Goodwill has not yet been allocated to our individual operating segments; the allocation is pending the finalization of our purchase accounting.
| Three months ended March 31, |  |
Revenue | 2022 |  | 2021 |  |  |  |
Segment rental revenue: |  |  |  |  |  |  |
Automotive service | $ | 20,395 |  |  | $ | 9,918 |  |  |  |  |
Beverages | 9,535 |  |  | 8,952 |  |  |  |  |
Convenience stores - U.S. | 65,943 |  |  | 50,128 |  |  |  |  |
Dollar stores | 54,114 |  |  | 32,506 |  |  |  |  |
Drug stores | 47,699 |  |  | 35,048 |  |  |  |  |
Financial services | 13,834 |  |  | 7,718 |  |  |  |  |
General merchandise - U.S. | 26,288 |  |  | 15,234 |  |  |  |  |
Grocery stores - U.S. (1) | 36,267 |  |  | 19,681 |  |  |  |  |
Grocery stores - U.K. (1) | 34,147 |  |  | 20,858 |  |  |  |  |
Health and fitness | 35,810 |  |  | 28,610 |  |  |  |  |
Health care - U.S. | 13,749 |  |  | 6,522 |  |  |  |  |
Home furnishings - U.S. | 17,180 |  |  | 2,956 |  |  |  |  |
Home improvement - U.S. | 22,086 |  |  | 13,038 |  |  |  |  |
Home improvement - U.K. | 15,748 |  |  | 4,478 |  |  |  |  |
Restaurants - casual dining | 47,510 |  |  | 11,748 |  |  |  |  |
Restaurants - quick service - U.S. | 55,524 |  |  | 23,465 |  |  |  |  |
Theaters - U.S. | 34,173 |  |  | 19,656 |  |  |  |  |
Transportation services | 24,251 |  |  | 16,432 |  |  |  |  |
Wholesale club | 18,663 |  |  | 9,941 |  |  |  |  |
Other non-reportable segments and contractually obligated reimbursements by our clients | 206,649 |  |  | 102,476 |  |  |  |  |
Rental (including reimbursable) | 799,565 |  |  | 439,365 |  |  |  |  |
Other | 7,778 |  |  | 2,889 |  |  |  |  |
Total revenue | $ | 807,343 |  |  | $ | 442,254 |  |  |  |  |
(1) As of March 31, 2022, grocery stores - Spain was not a reportable segment.

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8924-108599 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8981-108599 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9031-108599 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9038-108599 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8933-108599 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8736-108599 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9054-108599 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8657-108599 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8721-108599 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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