FCPT reported an 11.8% increase in rental revenue compared to the prior year, reaching $40.1 million for the fourth quarter. Net income attributable to common shareholders was $20.3 million, or $0.27 per diluted share, and the company acquired 48 properties for $103.4 million. Rent collection remained high at 99.6% of portfolio contractual base rent.
Rental revenue increased by 11.8% year-over-year to $40.1 million.
Net income attributable to common shareholders was $20.3 million, or $0.27 per diluted share.
Acquired 48 properties for a combined purchase price of $103.4 million.
Rent collection remained strong at 99.6% of portfolio contractual base rent.
Visualization of income flow from segment revenue to net income