Four Corners Property Trust (FCPT) reported strong first-quarter results, characterized by industry-leading rent collections, strategic acquisitions, and a low-rate unsecured private note offering. Rental revenue increased by 10.0% year-over-year to $41.5 million, and net income attributable to common shareholders was $20.6 million, or $0.27 per diluted share. The company maintained a high occupancy rate of 99.7% and continued to expand its portfolio through acquisitions and dispositions.