Local Bounti Corporation Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Cover
- Cover Page
Financial Statements
Notes to Financial Statements
Accounting Policies
- Summary of Significant Accounting Policies (Policies)
Notes Tables
Notes Details

Related Party Transactions (Details)

v3.22.1

Related Party Transactions (Details) - USD ($)	1 Months Ended	3 Months Ended
Related Party Transactions (Details) - USD ($)	Aug. 31, 2018	Mar. 31, 2022	Mar. 31, 2021	Dec. 31, 2021	Jun. 30, 2021
Related Party Transaction [Line Items]
Accrued liabilities, related party		$ 26,000		$ 8,000
BrightMark \| Management Services Agreement
Related Party Transaction [Line Items]
Management services agreement, initial term	3 years
Management services agreement renewal term	1 year
Related party transaction, amount	$ 40,000
Management fees		0	$ 120,000
McLeod \| Commercial Lease Agreement
Related Party Transaction [Line Items]
Lease term					1 year
Monthly rental payments					$ 3,250,000
BrightMark and McLeod \| Management Services and Commercial Lease Agreement
Related Party Transaction [Line Items]
Accrued liabilities, related party		$ 26,000		$ 8,000

- Definition

Accrued Liabilities, Related Party, Current

+ References

No definition available.

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- Definition

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- Definition

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- Definition

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- Definition

Term of lessee's operating lease, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents reported fact of one year, five months, and thirteen days.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
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-SubTopic 20
-Section 50
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- Definition

Amount of expenses related to the managing member or general partner for management of the day-to-day business functions of the limited liability company (LLC) or limited partnership (LP).

+ References

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-Publisher FASB
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-SubTopic 10
-Section 50
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- Definition

Amount of transactions with related party during the financial reporting period.

+ References

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-Publisher FASB
-Name Accounting Standards Codification
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-Section 50
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- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

No definition available.

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