$FPI
Farmland Partners Inc

2024 Q4 Form 10-Q Financial Statement

#000155837024014053 Filed on October 31, 2024

View on sec.gov

Income Statement

Concept 2024 Q4 2024 Q3
Revenue $13.32M
YoY Change 14.63%
Cost Of Revenue $3.533M
YoY Change 26.18%
Gross Profit $9.784M
YoY Change 10.93%
Gross Profit Margin 73.47%
Selling, General & Admin $3.136M
YoY Change 2.82%
% of Gross Profit 32.05%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $1.414M
YoY Change -25.74%
% of Gross Profit 14.45%
Operating Expenses $8.094M
YoY Change -30.24%
Operating Profit $1.690M
YoY Change 11166.67%
Interest Expense -$5.488M
YoY Change -188.09%
% of Operating Profit -324.73%
Other Income/Expense, Net -$3.374M
YoY Change -182.11%
Pretax Income $1.849M
YoY Change -55.16%
Income Tax $11.00K
% Of Pretax Income 0.59%
Net Earnings $1.793M
YoY Change -57.41%
Net Earnings / Revenue 13.46%
Basic Earnings Per Share $0.02
Diluted Earnings Per Share $0.02
COMMON SHARES
Basic Shares Outstanding 48.17M 48.17M
Diluted Shares Outstanding 47.84M

Balance Sheet

Concept 2024 Q4 2024 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $8.090M
YoY Change 32.62%
Cash & Equivalents $8.090M
Short-Term Investments
Other Short-Term Assets $452.0K
YoY Change -24.67%
Inventory $2.785M
Prepaid Expenses
Receivables $9.033M
Other Receivables $0.00
Total Short-Term Assets $20.36M
YoY Change 30.51%
LONG-TERM ASSETS
Property, Plant & Equipment $974.9M
YoY Change -4.05%
Goodwill $2.706M
YoY Change 0.0%
Intangibles $2.019M
YoY Change -1.03%
Long-Term Investments $4.079M
YoY Change -0.95%
Other Assets $24.00K
YoY Change -99.62%
Total Long-Term Assets $1.007B
YoY Change -4.4%
TOTAL ASSETS
Total Short-Term Assets $20.36M
Total Long-Term Assets $1.007B
Total Assets $1.027B
YoY Change -3.89%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $11.14M
YoY Change -26.24%
Deferred Revenue
YoY Change
Short-Term Debt $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $14.11M
YoY Change -22.06%
LONG-TERM LIABILITIES
Long-Term Debt $392.2M
YoY Change -6.72%
Other Long-Term Liabilities $130.0K
YoY Change 30.0%
Total Long-Term Liabilities $392.4M
YoY Change -6.71%
TOTAL LIABILITIES
Total Short-Term Liabilities $14.11M
Total Long-Term Liabilities $392.4M
Total Liabilities $406.5M
YoY Change -7.32%
SHAREHOLDERS EQUITY
Retained Earnings $30.35M
YoY Change 104.58%
Common Stock $579.5M
YoY Change -0.24%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $506.7M
YoY Change
Total Liabilities & Shareholders Equity $1.027B
YoY Change -3.89%

Cashflow Statement

Concept 2024 Q4 2024 Q3
OPERATING ACTIVITIES
Net Income $1.793M
YoY Change -57.41%
Depreciation, Depletion And Amortization $1.414M
YoY Change -25.74%
Cash From Operating Activities -$4.280M
YoY Change 16.94%
INVESTING ACTIVITIES
Capital Expenditures $431.0K
YoY Change -96.61%
Acquisitions
YoY Change
Other Investing Activities $9.127M
YoY Change -87.39%
Cash From Investing Activities $8.696M
YoY Change -85.41%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -2.072M
YoY Change -96.61%
NET CHANGE
Cash From Operating Activities -4.280M
Cash From Investing Activities 8.696M
Cash From Financing Activities -2.072M
Net Change In Cash 2.344M
YoY Change -145.34%
FREE CASH FLOW
Cash From Operating Activities -$4.280M
Capital Expenditures $431.0K
Free Cash Flow -$4.711M
YoY Change -71.26%

Facts In Submission

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CY2024Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.02
CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.07
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.02
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.22
CY2024Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
47839000
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
48432000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
51079000
CY2024Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
47839000
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
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us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
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us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
51079000
CY2024Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.06
CY2023Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.06
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.18
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.18
CY2024Q3 us-gaap Profit Loss
ProfitLoss
1838000
CY2023Q3 us-gaap Profit Loss
ProfitLoss
4315000
us-gaap Profit Loss
ProfitLoss
1194000
us-gaap Profit Loss
ProfitLoss
13927000
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Reclassification For Discontinuance Before Tax
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-198000
CY2024Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
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-1058000
CY2023Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
-287000
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
-1228000
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
-279000
CY2024Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
780000
CY2023Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
4028000
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-34000
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
13846000
CY2024Q3 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
45000
CY2023Q3 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
105000
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
29000
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
331000
CY2024Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
735000
CY2023Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
3923000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-63000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
13515000
CY2023Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
528840000
CY2024Q1 fpi Income Loss From Continuing Operations Before Income Taxes And Redeemable Non Controlling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesAndRedeemableNonControllingInterest
1408000
CY2024Q1 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
34000
CY2024Q1 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
177000
CY2024Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
491000
CY2024Q1 us-gaap Dividends
Dividends
3706000
CY2024Q1 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
-215000
CY2024Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
526675000
CY2024Q2 fpi Income Loss From Continuing Operations Before Income Taxes And Redeemable Non Controlling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesAndRedeemableNonControllingInterest
-2052000
CY2024Q2 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
1000
CY2024Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
510000
CY2024Q2 us-gaap Dividends
Dividends
3708000
CY2024Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
45000
CY2024Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
521469000
CY2024Q3 fpi Income Loss From Continuing Operations Before Income Taxes And Redeemable Non Controlling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesAndRedeemableNonControllingInterest
1838000
CY2024Q3 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
1000
CY2024Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
872000
CY2024Q3 us-gaap Dividends
Dividends
3707000
CY2024Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
-1058000
CY2024Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
519413000
CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
594004000
CY2023Q1 fpi Income Loss From Continuing Operations Before Income Taxes And Redeemable Non Controlling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesAndRedeemableNonControllingInterest
1714000
CY2023Q1 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
54000
CY2023Q1 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
36000
CY2023Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
405000
CY2023Q1 us-gaap Dividends
Dividends
4062000
CY2023Q1 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
-383000
CY2023Q1 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
14592000
CY2023Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
577104000
CY2023Q2 fpi Income Loss From Continuing Operations Before Income Taxes And Redeemable Non Controlling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesAndRedeemableNonControllingInterest
7898000
CY2023Q2 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
33000
CY2023Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
473000
CY2023Q2 us-gaap Dividends
Dividends
3786000
CY2023Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
589000
CY2023Q2 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
47097000
CY2023Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
535214000
CY2023Q3 fpi Income Loss From Continuing Operations Before Income Taxes And Redeemable Non Controlling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesAndRedeemableNonControllingInterest
4315000
CY2023Q3 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
34000
CY2023Q3 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
2000
CY2023Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
475000
CY2023Q3 us-gaap Dividends
Dividends
3715000
CY2023Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
-287000
CY2023Q3 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
7172000
CY2023Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
528862000
us-gaap Profit Loss
ProfitLoss
1194000
us-gaap Profit Loss
ProfitLoss
13927000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
4325000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
5905000
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
555000
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
509000
fpi Amortization Of Borrower Paid Points And Direct Costs Related To Note Receivable
AmortizationOfBorrowerPaidPointsAndDirectCostsRelatedToNoteReceivable
-17000
fpi Amortization Of Borrower Paid Points And Direct Costs Related To Note Receivable
AmortizationOfBorrowerPaidPointsAndDirectCostsRelatedToNoteReceivable
-16000
us-gaap Share Based Compensation
ShareBasedCompensation
1873000
us-gaap Share Based Compensation
ShareBasedCompensation
1353000
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
1884000
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
23179000
fpi Gain Loss On Forfeited Earnest Money
GainLossOnForfeitedEarnestMoney
1205000
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
103000
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-17000
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
15000
fpi Current And Expected Credit Losses
CurrentAndExpectedCreditLosses
27000
us-gaap Asset Impairment Charges
AssetImpairmentCharges
3840000
us-gaap Amortization Of Deferred Hedge Gains
AmortizationOfDeferredHedgeGains
162000
us-gaap Gains Losses On Restructuring Of Debt
GainsLossesOnRestructuringOfDebt
-55000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
2903000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-1425000
us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
2000
us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
51000
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-2421000
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-2384000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
450000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
450000
us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
323000
us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
670000
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-3157000
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-2162000
us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
88000
us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
603000
us-gaap Increase Decrease In Property And Other Taxes Payable
IncreaseDecreaseInPropertyAndOtherTaxesPayable
442000
us-gaap Increase Decrease In Property And Other Taxes Payable
IncreaseDecreaseInPropertyAndOtherTaxesPayable
780000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
1528000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
5732000
us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
16255000
us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
20010000
us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
1304000
us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
4322000
us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
161000
us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
50000
us-gaap Proceeds From Loan Originations1
ProceedsFromLoanOriginations1
10011000
us-gaap Proceeds From Loan Originations1
ProceedsFromLoanOriginations1
2107000
us-gaap Payments For Proceeds From Loans Receivable
PaymentsForProceedsFromLoansReceivable
1184000
us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
1522000
us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
121741000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-7049000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
99566000
us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
81001000
us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
77501000
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
50134000
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
94199000
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
34000
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
121000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
68429000
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
93000
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
222000
us-gaap Payments For Hedge Financing Activities
PaymentsForHedgeFinancingActivities
328000
us-gaap Payments For Hedge Financing Activities
PaymentsForHedgeFinancingActivities
291000
us-gaap Payments For Repurchase Of Redeemable Preferred Stock
PaymentsForRepurchaseOfRedeemablePreferredStock
8100000
fpi Payments For Redemption Of Common Units
PaymentsForRedemptionOfCommonUnits
432000
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
18740000
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
9373000
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
179000
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
38000
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
2970000
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
3210000
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
469000
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
223000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
8122000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-106895000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
2601000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-1597000
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
5489000
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
7654000
CY2024Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
8090000
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
6057000
us-gaap Interest Paid Net
InterestPaidNet
15948000
us-gaap Interest Paid Net
InterestPaidNet
16631000
fpi Deferred Net Gain From Seller Financed Dispositions
DeferredNetGainFromSellerFinancedDispositions
2107000
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
242000
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
314000
fpi Origination Fees Included In Notes Receivable
OriginationFeesIncludedInNotesReceivable
15000
fpi Swap Fees Payable Included In Accrued Interest
SwapFeesPayableIncludedInAccruedInterest
36000
fpi Swap Fees Payable Included In Accrued Interest
SwapFeesPayableIncludedInAccruedInterest
36000
us-gaap Noncash Or Part Noncash Acquisition Other Liabilities Assumed1
NoncashOrPartNoncashAcquisitionOtherLiabilitiesAssumed1
32000
us-gaap Noncash Or Part Noncash Acquisition Other Liabilities Assumed1
NoncashOrPartNoncashAcquisitionOtherLiabilitiesAssumed1
3000
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
13000
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
386000
CY2024Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2024Q3 us-gaap Area Of Real Estate Property
AreaOfRealEstateProperty
134700
fpi Number Of Agriculture Equipment Dealerships Included In Purchase Of Land And Buildings
NumberOfAgricultureEquipmentDealershipsIncludedInPurchaseOfLandAndBuildings
4
fpi Area Of Real Estate Property For Which Company Serves As Property Manager
AreaOfRealEstatePropertyForWhichCompanyServesAsPropertyManager
47800
us-gaap Use Of Estimates
UseOfEstimates
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;margin:0pt;"><i style="font-style:italic;">Use of Estimates</i></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:18pt;margin:0pt;"><span style="visibility:hidden;">​</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-align:justify;text-indent:18pt;margin:0pt;">The preparation of financial statements in accordance with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could materially differ from those estimates for a variety of reasons, including, without limitation, the impacts of public health crises, the war in Ukraine and the ongoing conflict in the Middle East, substantially higher prices for oil and gas and substantially increased interest rates, and their effects on the domestic and global economies. We are unable to quantify the ultimate impact of these factors on our business.</p>
CY2024Q3 us-gaap Notes And Loans Payable Current
NotesAndLoansPayableCurrent
392200000
CY2024Q3 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
974600000
CY2024Q3 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
100000
CY2023Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
100000
CY2024Q3 fpi Agricultural Related Inventory Harvested Crop
AgriculturalRelatedInventoryHarvestedCrop
1054000
CY2023Q4 fpi Agricultural Related Inventory Harvested Crop
AgriculturalRelatedInventoryHarvestedCrop
246000
CY2024Q3 us-gaap Agricultural Related Inventory Growing Crops
AgriculturalRelatedInventoryGrowingCrops
1731000
CY2023Q4 us-gaap Agricultural Related Inventory Growing Crops
AgriculturalRelatedInventoryGrowingCrops
2089000
CY2024Q3 us-gaap Agricultural Related Inventory
AgriculturalRelatedInventory
2785000
CY2023Q4 us-gaap Agricultural Related Inventory
AgriculturalRelatedInventory
2335000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
100000
CY2023Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
100000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
100000
CY2024Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
100000
CY2024Q3 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
9753000
CY2023Q3 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
10137000
us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
29499000
us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
31084000
CY2024Q3 us-gaap Deferred Revenue
DeferredRevenue
100000
CY2023Q4 us-gaap Deferred Revenue
DeferredRevenue
2100000
CY2023Q4 us-gaap Deferred Gain On Sale Of Property
DeferredGainOnSaleOfProperty
2100000
CY2023Q4 fpi Number Of Real Estate Property Sold
NumberOfRealEstatePropertySold
2
CY2023Q4 fpi Consideration Received On Disposition Of Real Estate Property In Seller Financing
ConsiderationReceivedOnDispositionOfRealEstatePropertyInSellerFinancing
9500000
us-gaap Deferred Revenue Revenue Recognized1
DeferredRevenueRevenueRecognized1
2100000
CY2024Q3 fpi Operating Lease Lease Income Beginning Of Year
OperatingLeaseLeaseIncomeBeginningOfYear
8202000
CY2023Q3 fpi Operating Lease Lease Income Beginning Of Year
OperatingLeaseLeaseIncomeBeginningOfYear
9394000
fpi Operating Lease Lease Income Beginning Of Year
OperatingLeaseLeaseIncomeBeginningOfYear
25572000
fpi Operating Lease Lease Income Beginning Of Year
OperatingLeaseLeaseIncomeBeginningOfYear
29676000
CY2024Q3 fpi Operating Lease Lease Income Amended During Year
OperatingLeaseLeaseIncomeAmendedDuringYear
1551000
CY2023Q3 fpi Operating Lease Lease Income Amended During Year
OperatingLeaseLeaseIncomeAmendedDuringYear
743000
fpi Operating Lease Lease Income Amended During Year
OperatingLeaseLeaseIncomeAmendedDuringYear
3927000
fpi Operating Lease Lease Income Amended During Year
OperatingLeaseLeaseIncomeAmendedDuringYear
1408000
CY2024Q3 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
9753000
CY2023Q3 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
10137000
us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
29499000
us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
31084000
CY2024Q3 us-gaap Lessor Operating Lease Payments To Be Received Remainder Of Fiscal Year
LessorOperatingLeasePaymentsToBeReceivedRemainderOfFiscalYear
7910000
CY2024Q3 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
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