{
  "docId": "019dd923-622c-750b-8b9a-e420e1b0f6d8",
  "docSlug": "5deacbabc940",
  "documentTitle": "Innovative Industrial Properties, Inc. (IIPR)",
  "authorId": "62_Grizzly_Research",
  "authorName": "Grizzly Research",
  "documentKindSlug": "research-note",
  "documentKindLabel": "Research note",
  "sourceTypeSlug": "short_seller",
  "sourceTypeLabel": "Short seller",
  "presentationDate": "2020-04-09 00:00:00",
  "orientation": "portrait",
  "aspectRatio": 0.77272725,
  "pageNumber": 53,
  "pageCount": 78,
  "prevPage": 52,
  "nextPage": 54,
  "slideType": "appendix_data",
  "function": "other",
  "density": "balanced",
  "nDataPoints": 2,
  "notes": "Includes historical purchase price of $775,000 from 2007.",
  "elementsJson": [
    "screenshot"
  ],
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019dd923-622c-750b-8b9a-e420e1b0f6d8/53",
  "deckHref": "/decks/019dd923-622c-750b-8b9a-e420e1b0f6d8",
  "deckJsonHref": "/decks/019dd923-622c-750b-8b9a-e420e1b0f6d8.json",
  "deckAnchorHref": "/decks/019dd923-622c-750b-8b9a-e420e1b0f6d8#slide-53",
  "components": [
    {
      "bbox": null,
      "kind": "callout",
      "text": "MBC Danville LP previously purchased the property from TRW Automotive U.S. LLC on 12/17/2007 for $775,000.",
      "attrs": null,
      "subkind": null,
      "toolName": "Visual emphasis",
      "toolSlug": "visual-emphasis",
      "confidence": null,
      "componentId": "019dd953-70f7-7334-b231-ae64fb38b08f",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.74,
        "x": 0.13,
        "y": 0.59
      },
      "kind": "paragraph",
      "text": "MBC Danville LP previously purchased the property from TRW Automotive U.S. LLC on 12/17/2007 for $775,000.",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "28750c90-b1e3-4359-bf24-42f74bb538bf",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.15,
        "w": 0.38,
        "x": 0.13,
        "y": 0.1
      },
      "kind": "paragraph",
      "text": "Prepared by: David H. Rattigan, Esquire... Return to: Sean W. Bezark, Esquire...",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "5af784b9-ec59-4ae2-8422-dda0b3519fae",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.25,
        "w": 0.74,
        "x": 0.13,
        "y": 0.35
      },
      "kind": "paragraph",
      "text": "THIS DEED, made this 9th day of April, 2019 but effective April 11, 2019, between MBC DANVILLE, LP... and 601 E MARKET STREET, LLC... WITNESSETH, that in consideration of the sum of THREE MILLION FOUR HUNDRED THOUSAND AND NO/100 DOLLARS ($3,400,000.00)",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "ea66a64d-58c1-4c99-95f6-11c0ec0d8468",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.02,
        "w": 0.12,
        "x": 0.44,
        "y": 0.32
      },
      "kind": "title",
      "text": "DEED",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "729c5e73-6356-4d81-bd96-e17a952f8792",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 78,
      "from": 3,
      "beatId": "bab01f6b-4130-47f1-be2b-a62774d99415",
      "arcName": "Problem-Agitate-Solution",
      "arcSlug": "problem-agitate-solution",
      "beatName": "Expose Contradiction",
      "beatSlug": null,
      "evidence": "The majority of the report is dedicated to exposing contradictions and discrepancies in IIPR's property valuations.",
      "position": 1,
      "confidence": 0.8,
      "parentBeatName": null,
      "parentBeatSlug": null
    },
    {
      "to": 77,
      "from": 7,
      "beatId": "9faf1260-f24f-4457-8a68-844894ceb239",
      "arcName": "Problem-Agitate-Solution",
      "arcSlug": "problem-agitate-solution",
      "beatName": "Before and After",
      "beatSlug": null,
      "evidence": "The report includes before-and-after comparisons of property valuations and Google data.",
      "position": 2,
      "confidence": 0.8,
      "parentBeatName": null,
      "parentBeatSlug": null
    },
    {
      "to": 76,
      "from": 8,
      "beatId": "8c335dfa-733a-4782-b210-c6452b066749",
      "arcName": "Problem-Agitate-Solution",
      "arcSlug": "problem-agitate-solution",
      "beatName": "Villain Critique",
      "beatSlug": null,
      "evidence": "The report critiques IIPR's actions and the actions of other companies involved in the transactions.",
      "position": 3,
      "confidence": 0.8,
      "parentBeatName": null,
      "parentBeatSlug": null
    },
    {
      "to": 75,
      "from": 16,
      "beatId": "b488a742-a99d-4d2b-a053-444ad0d95a7b",
      "arcName": "Problem-Agitate-Solution",
      "arcSlug": "problem-agitate-solution",
      "beatName": "Appendix Data",
      "beatSlug": null,
      "evidence": "The report includes detailed data and appendices to support its findings.",
      "position": 4,
      "confidence": 0.8,
      "parentBeatName": null,
      "parentBeatSlug": null
    }
  ],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}