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Business Combinations (Tables) | 9 Months Ended
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Sep. 30, 2023
Business Combination and Asset Acquisition [Abstract] |
Schedule of Business Acquisitions, by Acquisition | The following table summarizes the Quixote Acquisition Date fair value of the consideration transferred in connection with the acquisition:
Cash | $ | 199,098 |
Seller note payable | 160,000 |
Total consideration | $ | 359,098 |
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed | The following table summarizes the estimated fair values of the assets acquired and liabilities assumed at the Quixote Acquisition Date:
Cash and cash equivalents | $ | 5,780 |
Accounts receivable | 7,238 |
Prepaid expenses and other assets | 3,788 |
Investment in real estate(1) | 47,741 |
Non-real estate property, plant and equipment | 65,939 |
Intangible assets | 76,900 |
Right-of-use assets | 106,115 |
Total assets acquired | 313,501 |
Accounts payable, accrued liabilities and other | $ | 12,700 |
Lease liabilities | 95,112 |
Total liabilities assumed | 107,812 |
Net identifiable assets acquired | $ | 205,689 |
Goodwill | 153,409 |
NET ASSETS ACQUIRED | $ | 359,098 |
_____________ 1.Represents leasehold improvements related to Quixote’s leasehold interests in studio properties.
Schedule of Business Acquisition, Pro Forma Information | The amounts of revenue and net income from operations of Quixote included in the Company’s Consolidated Statements of Operations from the Quixote Acquisition Date to September 30, 2022 are as follows:
| Three Months Ended September 30, 2022 |  | Nine Months Ended September 30, 2022
Revenue | $ | 8,852 |  |  | $ | 8,852 |
Net income from operations | 1,257 |  |  | 1,257 |

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- Definition Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (h)(2) -SubTopic 10 -Topic 805 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479328/805-10-50-2 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (h)(3) -SubTopic 10 -Topic 805 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479328/805-10-50-2 + Details
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- Definition Tabular disclosure of a material business combination completed during the period, including background, timing, and recognized assets and liabilities. This table does not include leveraged buyouts. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479328/805-10-50-3 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479328/805-10-50-2 + Details
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- Definition Tabular disclosure of the amounts recognized as of the acquisition date for each major class of assets acquired and liabilities assumed. May include but not limited to the following: (a) acquired receivables; (b) contingencies recognized at the acquisition date; and (c) the fair value of noncontrolling interests in the acquiree. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 805 -SubTopic 20 -Name Accounting Standards Codification -Paragraph 1 -Section 50 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479907/805-20-50-1 + Details
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