$LAND
GLADSTONE LAND Corp Stock $land

$land Overview Financials Valuation SEC Filings Company Website

2016 Q4 Form 10-Q Financial Statement

#000149524016000005 Filed on November 14, 2016

Income Statement

Concept	2016 Q4	2016 Q3	2015 Q4
Revenue	$4.921M	$4.469M	$3.408M
YoY Change	44.38%	44.93%	45.3%
Cost Of Revenue	$550.0K	$550.0K	$540.0K
YoY Change	1.85%	0.0%	-70.0%
Gross Profit	$4.370M	$3.920M	$2.870M
YoY Change	52.26%	54.94%	425.9%
Gross Profit Margin	88.8%	87.72%	84.21%
Selling, General & Admin	$660.0K	$560.0K	$460.0K
YoY Change	43.48%	12.0%	-6.12%
% of Gross Profit	15.1%	14.29%	16.03%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$1.450M	$1.432M	$800.0K
YoY Change	81.25%	76.91%	19.4%
% of Gross Profit	33.18%	36.53%	27.87%
Operating Expenses	$2.664M	$2.663M	$1.856M
YoY Change	43.49%	39.01%	3.14%
Operating Profit	$1.706M	$1.806M	$1.014M
YoY Change	68.33%	54.67%	-180.82%
Interest Expense	-$2.180M	$1.554M	-$1.200M
YoY Change	81.67%	46.0%	64.38%
% of Operating Profit	-127.77%	86.05%	-118.39%
Other Income/Expense, Net	-$2.174M	-$1.771M	-$1.184M
YoY Change	83.6%	84.24%	144.31%
Pretax Income	$83.04K	$34.60K	$367.9K
YoY Change	-77.43%	-83.24%	502.4%
Income Tax			$0.00
% Of Pretax Income			0.0%
Net Earnings	$74.00K	$32.00K	$367.9K
YoY Change	-79.88%	-84.5%	572.91%
Net Earnings / Revenue	1.5%	0.72%	10.79%
Basic Earnings Per Share
Diluted Earnings Per Share	$6.979K	$2.994K	$39.83K
COMMON SHARES
Basic Shares Outstanding	10.02M shares	10.02M shares	9.062M shares
Diluted Shares Outstanding

Balance Sheet

Concept	2016 Q4	2016 Q3	2015 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments	$2.400M	$2.400M	$2.500M
YoY Change	-4.0%	-11.11%	-3.85%
Cash & Equivalents	$2.438M	$2.397M	$2.533M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets	$2.400M	$2.400M	$2.500M
YoY Change	-4.0%	-11.11%	-3.85%
LONG-TERM ASSETS
Property, Plant & Equipment	$326.3M	$309.2M	$221.8M
YoY Change	47.11%	46.4%	54.13%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$200.0K	$100.0K	$100.0K
YoY Change	100.0%	-92.86%	-92.86%
Total Long-Term Assets	$331.6M	$313.9M	$226.2M
YoY Change	46.6%	45.0%	51.7%
TOTAL ASSETS
Total Short-Term Assets	$2.400M	$2.400M	$2.500M
Total Long-Term Assets	$331.6M	$313.9M	$226.2M
Total Assets	$334.0M	$316.3M	$228.7M
YoY Change	46.05%	44.31%	50.74%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$2.800M	$2.200M	$3.500M
YoY Change	-20.0%	-18.52%	84.21%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$3.600M	$2.800M	$4.100M
YoY Change	-12.2%	-12.5%	70.83%
LONG-TERM LIABILITIES
Long-Term Debt	$235.0M	$218.0M	$141.7M
YoY Change	65.84%	55.6%	64.0%
Other Long-Term Liabilities	$7.700M	$8.900M	$4.900M
YoY Change	57.14%	85.42%	68.97%
Total Long-Term Liabilities	$242.7M	$226.9M	$146.6M
YoY Change	65.55%	56.59%	64.17%
TOTAL LIABILITIES
Total Short-Term Liabilities	$3.600M	$2.800M	$4.100M
Total Long-Term Liabilities	$242.7M	$226.9M	$146.6M
Total Liabilities	$246.2M	$229.8M	$150.7M
YoY Change	63.4%	55.06%	64.26%
SHAREHOLDERS EQUITY
Retained Earnings	-$13.40M	-$12.20M	-$8.895M
YoY Change	50.66%	49.88%	64.58%
Common Stock	$90.09M	$89.39M	$86.90M
YoY Change	3.67%	12.92%	32.93%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$76.69M	$77.19M	$78.01M
YoY Change
Total Liabilities & Shareholders Equity	$334.0M	$316.3M	$228.7M
YoY Change	46.05%	44.31%	50.74%

Cashflow Statement

Concept	2016 Q4	2016 Q3	2015 Q4
OPERATING ACTIVITIES
Net Income	$74.00K	$32.00K	$367.9K
YoY Change	-79.88%	-84.5%	572.91%
Depreciation, Depletion And Amortization	$1.450M	$1.432M	$800.0K
YoY Change	81.25%	76.91%	19.4%
Cash From Operating Activities	$490.0K	$940.0K	$450.0K
YoY Change	8.89%	-65.06%	-70.2%
INVESTING ACTIVITIES
Capital Expenditures	-$15.09M	-$37.04M	-$9.770M
YoY Change	54.45%	19.25%	-68.99%
Acquisitions
YoY Change
Other Investing Activities	-$650.0K	-$90.00K	-$110.0K
YoY Change	490.91%	-75.68%	-130.56%
Cash From Investing Activities	-$15.74M	-$37.13M	-$9.880M
YoY Change	59.31%	18.1%	-68.27%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	15.29M	36.50M	9.250M
YoY Change	65.3%	29.07%	-68.34%
NET CHANGE
Cash From Operating Activities	490.0K	940.0K	450.0K
Cash From Investing Activities	-15.74M	-37.13M	-9.880M
Cash From Financing Activities	15.29M	36.50M	9.250M
Net Change In Cash	40.00K	310.0K	-180.0K
YoY Change	-122.22%	-165.96%	-56.1%
FREE CASH FLOW
Cash From Operating Activities	$490.0K	$940.0K	$450.0K
Capital Expenditures	-$15.09M	-$37.04M	-$9.770M
Free Cash Flow	$15.58M	$37.98M	$10.22M
YoY Change	52.45%	12.53%	-69.05%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
	land	Credits To Fees From Adviser CreditsToFeesFromAdviser	320905	USD
	land	Credits To Fees From Adviser CreditsToFeesFromAdviser	0	USD
	land	Proceeds From Refund On Deposits ProceedsFromRefundOnDeposits	200000	USD
	us-gaap	Below Market Lease Period Increase Decrease BelowMarketLeasePeriodIncreaseDecrease	23613	USD
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	1196204	USD
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q3
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2016
	dei	Document Period End Date DocumentPeriodEndDate	2016-09-30
	dei	Document Type DocumentType	10-Q
	dei	Amendment Flag AmendmentFlag	false
	dei	Entity Central Index Key EntityCentralIndexKey	0001495240
CY2016Q4	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	10024875	shares
	dei	Entity Filer Category EntityFilerCategory	Non-accelerated Filer
	dei	Entity Registrant Name EntityRegistrantName	GLADSTONE LAND Corp
	dei	Trading Symbol TradingSymbol	LAND
	land	Additions To Real Estate Included In Accounts Payable And Accrued Expenses And Contingent Consideration Owed AdditionsToRealEstateIncludedInAccountsPayableAndAccruedExpensesAndContingentConsiderationOwed	642934	USD
	land	Additions To Real Estate Included In Accounts Payable And Accrued Expenses And Contingent Consideration Owed AdditionsToRealEstateIncludedInAccountsPayableAndAccruedExpensesAndContingentConsiderationOwed	389542	USD
CY2015Q3	land	Administration Fee AdministrationFee	180722	USD
	land	Administration Fee AdministrationFee	489510	USD
CY2016Q3	land	Administration Fee AdministrationFee	183605	USD
	land	Administration Fee AdministrationFee	574842	USD
CY2015Q4	land	Administrative Fee Due To Administrator AdministrativeFeeDueToAdministrator	190080	USD
CY2016Q3	land	Administrative Fee Due To Administrator AdministrativeFeeDueToAdministrator	183606	USD
CY2015Q3	land	Amortization Of Above Market Lease AmortizationOfAboveMarketLease	4496	USD
	land	Amortization Of Above Market Lease AmortizationOfAboveMarketLease	15286	USD
CY2016Q3	land	Amortization Of Above Market Lease AmortizationOfAboveMarketLease	1627	USD
	land	Amortization Of Above Market Lease AmortizationOfAboveMarketLease	4882	USD
	land	Amortization Of Deferred Rent Asset And Liability Net AmortizationOfDeferredRentAssetAndLiabilityNet	-161466	USD
	land	Amortization Of Deferred Rent Asset And Liability Net AmortizationOfDeferredRentAssetAndLiabilityNet	-128825	USD
CY2015Q3	land	Business Acquisition Pro Forma Earnings Per Share Basic And Diluted BusinessAcquisitionProFormaEarningsPerShareBasicAndDiluted	-0.02
	land	Business Acquisition Pro Forma Earnings Per Share Basic And Diluted BusinessAcquisitionProFormaEarningsPerShareBasicAndDiluted	0.10
CY2016Q3	land	Business Acquisition Pro Forma Earnings Per Share Basic And Diluted BusinessAcquisitionProFormaEarningsPerShareBasicAndDiluted	0.02
	land	Business Acquisition Pro Forma Earnings Per Share Basic And Diluted BusinessAcquisitionProFormaEarningsPerShareBasicAndDiluted	0.06
CY2015Q3	land	Business Acquisition Pro Forma Weighted Average Number Of Common Shares Outstanding Basic And Diluted BusinessAcquisitionProFormaWeightedAverageNumberOfCommonSharesOutstandingBasicAndDiluted	9060314	shares
	land	Business Acquisition Pro Forma Weighted Average Number Of Common Shares Outstanding Basic And Diluted BusinessAcquisitionProFormaWeightedAverageNumberOfCommonSharesOutstandingBasicAndDiluted	9060314	shares
CY2016Q3	land	Business Acquisition Pro Forma Weighted Average Number Of Common Shares Outstanding Basic And Diluted BusinessAcquisitionProFormaWeightedAverageNumberOfCommonSharesOutstandingBasicAndDiluted	10018331	shares
	land	Business Acquisition Pro Forma Weighted Average Number Of Common Shares Outstanding Basic And Diluted BusinessAcquisitionProFormaWeightedAverageNumberOfCommonSharesOutstandingBasicAndDiluted	10001466	shares
	land	Common Stock Offering And Operating Partnership Unit Issuance Costs Included In Accounts Payable And Accrued Expenses CommonStockOfferingAndOperatingPartnershipUnitIssuanceCostsIncludedInAccountsPayableAndAccruedExpenses	179575	USD
	land	Common Stock Offering And Operating Partnership Unit Issuance Costs Included In Accounts Payable And Accrued Expenses CommonStockOfferingAndOperatingPartnershipUnitIssuanceCostsIncludedInAccountsPayableAndAccruedExpenses	31224	USD
CY2015Q3	land	Credits To Fees From Adviser CreditsToFeesFromAdviser	0	USD
CY2016Q3	land	Credits To Fees From Adviser CreditsToFeesFromAdviser	0	USD
CY2016Q3	land	Debt Instrument Weighted Average Interest Rate DebtInstrumentWeightedAverageInterestRate	0.0329
	land	Debt Instrument Weighted Average Interest Rate DebtInstrumentWeightedAverageInterestRate	0.0308
CY2015Q4	land	Debt Issuance Costs Lineof Credit Arrangements Net DebtIssuanceCostsLineofCreditArrangementsNet	132495	USD
CY2016Q3	land	Debt Issuance Costs Lineof Credit Arrangements Net DebtIssuanceCostsLineofCreditArrangementsNet	128038	USD
CY2015Q4	land	Due To From Adviser DueToFromAdviser	375513	USD
CY2016Q3	land	Due To From Adviser DueToFromAdviser	458903	USD
CY2015Q3	land	Debt Instrument Weighted Average Interest Rate DebtInstrumentWeightedAverageInterestRate	0.0341
	land	Debt Instrument Weighted Average Interest Rate DebtInstrumentWeightedAverageInterestRate	0.0351
CY2016Q3	land	Farmable Area Of Land FarmableAreaOfLand	27958	acre
CY2015Q4	land	Fee Due To Administrator FeeDueToAdministrator	190080	USD
CY2016Q3	land	Fee Due To Administrator FeeDueToAdministrator	177638	USD
	land	Financing Fees Included In Accounts Payable And Accrued Liabilities FinancingFeesIncludedInAccountsPayableAndAccruedLiabilities	30756	USD
	land	Financing Fees Included In Accounts Payable And Accrued Liabilities FinancingFeesIncludedInAccountsPayableAndAccruedLiabilities	58740	USD
CY2015Q3	land	Gain Loss On Business Interruption Insurance Recovery GainLossOnBusinessInterruptionInsuranceRecovery	76423	USD
	land	Gain Loss On Business Interruption Insurance Recovery GainLossOnBusinessInterruptionInsuranceRecovery	97232	USD
CY2016Q3	land	Gain Loss On Business Interruption Insurance Recovery GainLossOnBusinessInterruptionInsuranceRecovery	0	USD
	land	Gain Loss On Business Interruption Insurance Recovery GainLossOnBusinessInterruptionInsuranceRecovery	0	USD
CY2015Q4	land	Incentive Feedueto Advisor IncentiveFeeduetoAdvisor	0	USD
CY2016Q3	land	Incentive Feedueto Advisor IncentiveFeeduetoAdvisor	22046	USD
	land	Insurance Proceeds Received Capitalized As Real Estate Asset Additions InsuranceProceedsReceivedCapitalizedAsRealEstateAssetAdditions	97232	USD
	land	Insurance Proceeds Received Capitalized As Real Estate Asset Additions InsuranceProceedsReceivedCapitalizedAsRealEstateAssetAdditions	0	USD
CY2015Q4	land	Irrigation Equipment System IrrigationEquipmentSystem	21849508	USD
CY2016Q3	land	Irrigation Equipment System IrrigationEquipmentSystem	33355718	USD
CY2015Q4	land	Management Fee Due To Advisor ManagementFeeDueToAdvisor	362373	USD
CY2016Q3	land	Management Fee Due To Advisor ManagementFeeDueToAdvisor	385576	USD
	land	Number Of Farms Acquired NumberOfFarmsAcquired	6	Farm
	land	Number Of Real Estate Farms NumberOfRealEstateFarms	41	Farm
	land	Number Of Real Estate Farms NumberOfRealEstateFarms	56	Farm
	land	Numberof Executive Officers That Serve As Directors NumberofExecutiveOfficersThatServeAsDirectors	2	officer
	land	Numberof Tenants Lease Properties NumberofTenantsLeaseProperties	39	Farm
CY2015Q3	land	Operating Expenses Before Credit To Incentive Fee OperatingExpensesBeforeCreditToIncentiveFee	1915900	USD
	land	Operating Expenses Before Credit To Incentive Fee OperatingExpensesBeforeCreditToIncentiveFee	5797198	USD
CY2016Q3	land	Operating Expenses Before Credit To Incentive Fee OperatingExpensesBeforeCreditToIncentiveFee	2663340	USD
	land	Operating Expenses Before Credit To Incentive Fee OperatingExpensesBeforeCreditToIncentiveFee	7596221	USD
CY2015Q3	land	Operating Expenses Net Of Credit To Incentive Fee OperatingExpensesNetOfCreditToIncentiveFee	1915900	USD
	land	Operating Expenses Net Of Credit To Incentive Fee OperatingExpensesNetOfCreditToIncentiveFee	5476293	USD
CY2016Q3	land	Operating Expenses Net Of Credit To Incentive Fee OperatingExpensesNetOfCreditToIncentiveFee	2663340	USD
	land	Operating Expenses Net Of Credit To Incentive Fee OperatingExpensesNetOfCreditToIncentiveFee	7596221	USD
	land	Operating Partnership Units Held Outside OperatingPartnershipUnitsHeldOutside	0	shares
	land	Operating Partnership Units Held Outside OperatingPartnershipUnitsHeldOutside	1215306	shares
CY2015Q4	land	Other Due From Administrator OtherDueFromAdministrator	0	USD
CY2016Q3	land	Other Due From Administrator OtherDueFromAdministrator	5968	USD
CY2015Q4	land	Other Due To Advisor OtherDueToAdvisor	13140	USD
CY2016Q3	land	Other Due To Advisor OtherDueToAdvisor	51281	USD
	land	Percentage Of Area Of Land PercentageOfAreaOfLand	1.000
	land	Percentage Of Area Of Land PercentageOfAreaOfLand	1.000
	land	Percentage Of Rental Revenue PercentageOfRentalRevenue	1.000
	land	Percentage Of Rental Revenue PercentageOfRentalRevenue	1.000
	land	Proceeds From Refund On Deposits ProceedsFromRefundOnDeposits	100000	USD
CY2015Q3	land	Property Operating Expenses PropertyOperatingExpenses	191739	USD
	land	Property Operating Expenses PropertyOperatingExpenses	553909	USD
CY2016Q3	land	Property Operating Expenses PropertyOperatingExpenses	160913	USD
	land	Property Operating Expenses PropertyOperatingExpenses	499694	USD
	land	Real Estate Additions Included In Other Liabilities RealEstateAdditionsIncludedInOtherLiabilities	700000	USD
	land	Real Estate Additions Included In Other Liabilities RealEstateAdditionsIncludedInOtherLiabilities	809188	USD
	land	Real Estate Additions Removed In Other Liabilities RealEstateAdditionsRemovedInOtherLiabilities	0	USD
	land	Real Estate Additions Removed In Other Liabilities RealEstateAdditionsRemovedInOtherLiabilities	700000	USD
CY2015Q4	land	Real Estate And Accumulated Depreciation Carrying Amount Of Horticulture RealEstateAndAccumulatedDepreciationCarryingAmountOfHorticulture	1490695	USD
CY2016Q3	land	Real Estate And Accumulated Depreciation Carrying Amount Of Horticulture RealEstateAndAccumulatedDepreciationCarryingAmountOfHorticulture	14281209	USD
CY2015Q4	land	Real Estate Other Site Improvements RealEstateOtherSiteImprovements	1872606	USD
CY2016Q3	land	Real Estate Other Site Improvements RealEstateOtherSiteImprovements	4804376	USD
CY2015Q3	land	Related Party Transaction Credit From Voluntary Irrevocable RelatedPartyTransactionCreditFromVoluntaryIrrevocable	0	USD
	land	Related Party Transaction Credit From Voluntary Irrevocable RelatedPartyTransactionCreditFromVoluntaryIrrevocable	320905	USD
CY2016Q3	land	Related Party Transaction Credit From Voluntary Irrevocable RelatedPartyTransactionCreditFromVoluntaryIrrevocable	0	USD
	land	Related Party Transaction Credit From Voluntary Irrevocable RelatedPartyTransactionCreditFromVoluntaryIrrevocable	0	USD
CY2015Q3	land	Related Party Transaction Net Incentive Fees Paid And Credits Received RelatedPartyTransactionNetIncentiveFeesPaidAndCreditsReceived	356871	USD
	land	Related Party Transaction Net Incentive Fees Paid And Credits Received RelatedPartyTransactionNetIncentiveFeesPaidAndCreditsReceived	660106	USD
CY2016Q3	land	Related Party Transaction Net Incentive Fees Paid And Credits Received RelatedPartyTransactionNetIncentiveFeesPaidAndCreditsReceived	407622	USD
	land	Related Party Transaction Net Incentive Fees Paid And Credits Received RelatedPartyTransactionNetIncentiveFeesPaidAndCreditsReceived	1339239	USD
CY2016Q3	land	Sec Schedule Iii Real Estate Investment Property Including Intangible Assets Net SecScheduleIiiRealEstateInvestmentPropertyIncludingIntangibleAssetsNet	308737982	USD
CY2015Q3	land	Tenant Improvements Depreciationand Rental Revenue TenantImprovementsDepreciationandRentalRevenue	14780	USD
	land	Tenant Improvements Depreciationand Rental Revenue TenantImprovementsDepreciationandRentalRevenue	27502	USD
CY2016Q3	land	Tenant Improvements Depreciationand Rental Revenue TenantImprovementsDepreciationandRentalRevenue	30753	USD
	land	Tenant Improvements Depreciationand Rental Revenue TenantImprovementsDepreciationandRentalRevenue	98225	USD
CY2016Q3	land	Weighted Average Number Of Operating Partnership Units Held By Noncontrolling Interest WeightedAverageNumberOfOperatingPartnershipUnitsHeldByNoncontrollingInterest	854116	shares
	land	Weighted Average Number Of Operating Partnership Units Held By Noncontrolling Interest WeightedAverageNumberOfOperatingPartnershipUnitsHeldByNoncontrollingInterest	613446	shares
CY2015Q4	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	3495339	USD
CY2016Q3	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	2222547	USD
	us-gaap	Acquired Finite Lived Intangible Assets Weighted Average Useful Life AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife	P6Y2M12D
	us-gaap	Acquired Finite Lived Intangible Assets Weighted Average Useful Life AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife	P14Y
CY2015Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	86892095	USD
CY2016Q3	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	89374991	USD
	us-gaap	Adjustments To Additional Paid In Capital Stock Issued Issuance Costs AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts	65839	USD
	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	74191	USD
	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	135310	USD
CY2015Q3	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	193621	USD
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	645448	USD
CY2016Q3	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	207234	USD
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	582095	USD
CY2015Q3	us-gaap	Area Of Real Estate Property AreaOfRealEstateProperty	14880	acre
CY2016Q3	us-gaap	Area Of Real Estate Property AreaOfRealEstateProperty	33800	acre
CY2015Q4	us-gaap	Assets Assets	228684025	USD
CY2016Q3	us-gaap	Assets Assets	316306732	USD
CY2015Q3	us-gaap	Below Market Lease Period Increase Decrease BelowMarketLeasePeriodIncreaseDecrease	52591	USD
	us-gaap	Below Market Lease Period Increase Decrease BelowMarketLeasePeriodIncreaseDecrease	160324	USD
	us-gaap	Payments For Deposits On Real Estate Acquisitions PaymentsForDepositsOnRealEstateAcquisitions	100000	USD
CY2016Q3	us-gaap	Below Market Lease Period Increase Decrease BelowMarketLeasePeriodIncreaseDecrease	8951	USD
	us-gaap	Payments For Proceeds From Deposits On Real Estate Acquisitions PaymentsForProceedsFromDepositsOnRealEstateAcquisitions	1000000	USD
	us-gaap	Payments For Proceeds From Deposits On Real Estate Acquisitions PaymentsForProceedsFromDepositsOnRealEstateAcquisitions	716725	USD
CY2015Q3	us-gaap	Business Acquisitions Pro Forma Net Income Loss BusinessAcquisitionsProFormaNetIncomeLoss	-176949	USD
	us-gaap	Business Acquisitions Pro Forma Net Income Loss BusinessAcquisitionsProFormaNetIncomeLoss	914580	USD
CY2016Q3	us-gaap	Business Acquisitions Pro Forma Net Income Loss BusinessAcquisitionsProFormaNetIncomeLoss	211822	USD
	us-gaap	Business Acquisitions Pro Forma Net Income Loss BusinessAcquisitionsProFormaNetIncomeLoss	593599	USD
CY2015Q3	us-gaap	Business Acquisitions Pro Forma Revenue BusinessAcquisitionsProFormaRevenue	3460986	USD
	us-gaap	Business Acquisitions Pro Forma Revenue BusinessAcquisitionsProFormaRevenue	8864148	USD
CY2016Q3	us-gaap	Business Acquisitions Pro Forma Revenue BusinessAcquisitionsProFormaRevenue	4718052	USD
	us-gaap	Business Acquisitions Pro Forma Revenue BusinessAcquisitionsProFormaRevenue	13285819	USD
CY2015Q3	us-gaap	Business Combination Acquisition Related Costs BusinessCombinationAcquisitionRelatedCosts	62190	USD
	us-gaap	Business Combination Acquisition Related Costs BusinessCombinationAcquisitionRelatedCosts	410887	USD
CY2016Q3	us-gaap	Business Combination Acquisition Related Costs BusinessCombinationAcquisitionRelatedCosts	122841	USD
	us-gaap	Business Combination Acquisition Related Costs BusinessCombinationAcquisitionRelatedCosts	242713	USD
	us-gaap	Business Combination Consideration Transferred Equity Interests Issued And Issuable BusinessCombinationConsiderationTransferredEquityInterestsIssuedAndIssuable	0	USD
	us-gaap	Business Combination Consideration Transferred Equity Interests Issued And Issuable BusinessCombinationConsiderationTransferredEquityInterestsIssuedAndIssuable	11763144	USD
CY2016Q3	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Net BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet	-583336	USD
CY2014Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	2619342	USD
CY2015Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	2701450	USD
CY2015Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	2532522	USD
CY2016Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	2396852	USD
	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	82108	USD
	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-135670	USD
CY2015Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2016Q3	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.345
	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.3675
CY2015Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2016Q3	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2015Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	20000000	shares
CY2016Q3	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	18000000	shares
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CY2016Q3	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	10024875	shares
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CY2016Q3	us-gaap	Common Stock Value CommonStockValue	10025	USD
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CY2016Q3	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	191480127	USD
CY2015Q4	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	0	USD
CY2015Q3	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	809445	USD
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	2312880	USD
CY2016Q3	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	1431846	USD
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	us-gaap	Distribution Made To Limited Partner Cash Distributions Paid DistributionMadeToLimitedPartnerCashDistributionsPaid	233804	USD
CY2015Q3	us-gaap	Distributions On Mandatorily Redeemable Securities DistributionsOnMandatorilyRedeemableSecurities	0	USD
	us-gaap	Distributions On Mandatorily Redeemable Securities DistributionsOnMandatorilyRedeemableSecurities	0	USD
	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	2934088	USD
	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	3676091	USD
	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	222560	USD
	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	1292464	USD
	us-gaap	Payments Of Stock Issuance Costs PaymentsOfStockIssuanceCosts	1027986	USD
CY2016Q3	us-gaap	Distributions On Mandatorily Redeemable Securities DistributionsOnMandatorilyRedeemableSecurities	-218919	USD
	us-gaap	Distributions On Mandatorily Redeemable Securities DistributionsOnMandatorilyRedeemableSecurities	-218919	USD
CY2015	us-gaap	Dividends Dividends	4059179	USD
	us-gaap	Dividends Dividends	3909895	USD
CY2015Q4	us-gaap	Due To Related Parties Current And Noncurrent DueToRelatedPartiesCurrentAndNoncurrent	565593	USD
CY2016Q3	us-gaap	Due To Related Parties Current And Noncurrent DueToRelatedPartiesCurrentAndNoncurrent	636541	USD
CY2015Q3	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	0.02
	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	0.02
CY2016Q3	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	0.00
	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	0.04
CY2015Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	1026269	USD
CY2016Q3	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	1585987	USD
CY2015Q4	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	2789810	USD
CY2016Q3	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	3701072	USD
CY2015Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	1763541	USD
CY2016Q3	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	2115085	USD
CY2015Q3	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	314933	USD
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	1049001	USD
CY2016Q3	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	356513	USD
CY2015Q3	us-gaap	Incentive Fee Expense IncentiveFeeExpense	0	USD
	us-gaap	Incentive Fee Expense IncentiveFeeExpense	0	USD
CY2016Q3	us-gaap	Incentive Fee Expense IncentiveFeeExpense	22046	USD
	us-gaap	Incentive Fee Expense IncentiveFeeExpense	180923	USD
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	258613	USD
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-273200	USD
	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	-284864	USD
	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	152562	USD
	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	1430977	USD
	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	3425657	USD
	us-gaap	Increase Decrease In Restricted Cash IncreaseDecreaseInRestrictedCash	-132741	USD
	us-gaap	Increase Decrease In Restricted Cash IncreaseDecreaseInRestrictedCash	0	USD
CY2015Q3	us-gaap	Interest Expense InterestExpense	1064369	USD
	us-gaap	Interest Expense InterestExpense	2961100	USD
CY2016Q3	us-gaap	Interest Expense InterestExpense	1554668	USD
	us-gaap	Interest Expense InterestExpense	4296336	USD
CY2015Q4	us-gaap	Investment Building And Building Improvements InvestmentBuildingAndBuildingImprovements	11184647	USD
CY2016Q3	us-gaap	Investment Building And Building Improvements InvestmentBuildingAndBuildingImprovements	14670759	USD
CY2015Q4	us-gaap	Land And Land Improvements LandAndLandImprovements	192020381	USD
CY2016Q3	us-gaap	Land And Land Improvements LandAndLandImprovements	251906593	USD
CY2015Q4	us-gaap	Liabilities Liabilities	150677306	USD
CY2016Q3	us-gaap	Liabilities Liabilities	229761677	USD
CY2015Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	228684025	USD
CY2016Q3	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	316306732	USD
CY2015Q4	us-gaap	Line Of Credit LineOfCredit	100000	USD
CY2016Q3	us-gaap	Line Of Credit LineOfCredit	22500000	USD
CY2016Q3	us-gaap	Litigation Settlement Interest LitigationSettlementInterest	4000	USD
CY2016Q3	us-gaap	Litigation Settlement Amount LitigationSettlementAmount	164000	USD
CY2015Q3	us-gaap	Net Income Loss NetIncomeLoss	206395	USD
CY2015Q4	us-gaap	Long Term Debt LongTermDebt	141678935	USD
CY2016Q3	us-gaap	Long Term Debt LongTermDebt	190379624	USD
CY2015Q3	us-gaap	Management Fee Expense ManagementFeeExpense	356871	USD
	us-gaap	Management Fee Expense ManagementFeeExpense	981011	USD
CY2016Q3	us-gaap	Management Fee Expense ManagementFeeExpense	385576	USD
	us-gaap	Management Fee Expense ManagementFeeExpense	1158316	USD
CY2016Q3	us-gaap	Mandatorily Redeemable Preferred Stock Fair Value Disclosure MandatorilyRedeemablePreferredStockFairValueDisclosure	29700000	USD
CY2015Q4	us-gaap	Minority Interest In Operating Partnerships MinorityInterestInOperatingPartnerships	0	USD
CY2016Q3	us-gaap	Minority Interest In Operating Partnerships MinorityInterestInOperatingPartnerships	9357387	USD
CY2015Q4	us-gaap	Minority Interest Ownership Percentage By Parent MinorityInterestOwnershipPercentageByParent	1
CY2016Q3	us-gaap	Minority Interest Ownership Percentage By Parent MinorityInterestOwnershipPercentageByParent	0.892
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	64378605	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	72413238	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-68600005	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-79760788	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	4303508	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	7211880	USD
	us-gaap	Net Income Loss NetIncomeLoss	200681	USD
CY2016Q3	us-gaap	Net Income Loss NetIncomeLoss	31883	USD
	us-gaap	Net Income Loss NetIncomeLoss	374112	USD
CY2015Q3	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	0	USD
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	0	USD
CY2016Q3	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	2718	USD
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	16342	USD
CY2015Q3	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-961258	USD
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-2816157	USD
CY2016Q3	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-1771233	USD
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-4409617	USD
CY2015Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	1167653	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	3016838	USD
CY2016Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	1805834	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	4800071	USD
CY2015Q3	us-gaap	Operating Leases Income Statement Lease Revenue OperatingLeasesIncomeStatementLeaseRevenue	3080240	USD
	us-gaap	Operating Leases Income Statement Lease Revenue OperatingLeasesIncomeStatementLeaseRevenue	8483023	USD
CY2016Q3	us-gaap	Operating Leases Income Statement Lease Revenue OperatingLeasesIncomeStatementLeaseRevenue	4467217	USD
	us-gaap	Operating Leases Income Statement Lease Revenue OperatingLeasesIncomeStatementLeaseRevenue	12388303	USD
CY2015Q4	us-gaap	Other Assets OtherAssets	2472042	USD
CY2016Q3	us-gaap	Other Assets OtherAssets	2429753	USD
CY2015Q4	us-gaap	Other Liabilities OtherLiabilities	4937439	USD
CY2016Q3	us-gaap	Other Liabilities OtherLiabilities	8921915	USD
CY2015Q3	us-gaap	Other Nonoperating Income OtherNonoperatingIncome	26688	USD
	us-gaap	Other Nonoperating Income OtherNonoperatingIncome	47711	USD
CY2016Q3	us-gaap	Other Nonoperating Income OtherNonoperatingIncome	2354	USD
	us-gaap	Other Nonoperating Income OtherNonoperatingIncome	105638	USD
	us-gaap	Payments For Deposits On Real Estate Acquisitions PaymentsForDepositsOnRealEstateAcquisitions	0	USD
	us-gaap	Payments Of Stock Issuance Costs PaymentsOfStockIssuanceCosts	241845	USD
	us-gaap	Profit Loss ProfitLoss	390454	USD
	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	0	USD
	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	71517	USD
CY2016Q3	us-gaap	Real Estate And Accumulated Depreciation Amount Of Encumbrances RealEstateAndAccumulatedDepreciationAmountOfEncumbrances	191480127	USD
CY2015Q4	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	6634412	USD
	us-gaap	Payments To Acquire Real Estate PaymentsToAcquireRealEstate	64885127	USD
	us-gaap	Payments To Acquire Real Estate PaymentsToAcquireRealEstate	69174387	USD
	us-gaap	Payments To Develop Real Estate Assets PaymentsToDevelopRealEstateAssets	3044851	USD
	us-gaap	Payments To Develop Real Estate Assets PaymentsToDevelopRealEstateAssets	10125475	USD
CY2016Q3	us-gaap	Preferred Stock Redemption Price Per Share PreferredStockRedemptionPricePerShare	25.8
	us-gaap	Proceeds From Issuance Of Preferred Stock And Preference Stock ProceedsFromIssuanceOfPreferredStockAndPreferenceStock	0	USD
	us-gaap	Proceeds From Issuance Of Preferred Stock And Preference Stock ProceedsFromIssuanceOfPreferredStockAndPreferenceStock	28800000	USD
	us-gaap	Proceeds From Issuance Of Preferred Stock And Preference Stock ProceedsFromIssuanceOfPreferredStockAndPreferenceStock	28750000	USD
	us-gaap	Proceeds From Issuance Of Secured Debt ProceedsFromIssuanceOfSecuredDebt	53190476	USD
	us-gaap	Proceeds From Issuance Of Secured Debt ProceedsFromIssuanceOfSecuredDebt	28953000	USD
	us-gaap	Proceeds From Issuance Or Sale Of Equity ProceedsFromIssuanceOrSaleOfEquity	14895206	USD
	us-gaap	Proceeds From Issuance Or Sale Of Equity ProceedsFromIssuanceOrSaleOfEquity	360472	USD
	us-gaap	Proceeds From Repayments Of Lines Of Credit ProceedsFromRepaymentsOfLinesOfCredit	1000000	USD
	us-gaap	Proceeds From Repayments Of Lines Of Credit ProceedsFromRepaymentsOfLinesOfCredit	22400000	USD
	us-gaap	Proceeds From Sale Of Real Estate ProceedsFromSaleOfRealEstate	0	USD
	us-gaap	Proceeds From Sale Of Real Estate ProceedsFromSaleOfRealEstate	155799	USD
CY2015Q3	us-gaap	Profit Loss ProfitLoss	206395	USD
	us-gaap	Profit Loss ProfitLoss	200681	USD
CY2015	us-gaap	Profit Loss ProfitLoss	568545	USD
CY2016Q3	us-gaap	Profit Loss ProfitLoss	34601	USD
CY2016Q3	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	9781651	USD
CY2015Q4	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	228417837	USD
CY2016Q3	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	319018655	USD
CY2015Q4	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	221783425	USD
CY2016Q3	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	309237004	USD
CY2015Q3	us-gaap	Real Estate Revenue Net RealEstateRevenueNet	3083553	USD
	us-gaap	Real Estate Revenue Net RealEstateRevenueNet	8493131	USD
CY2016Q3	us-gaap	Real Estate Revenue Net RealEstateRevenueNet	4469174	USD
	us-gaap	Real Estate Revenue Net RealEstateRevenueNet	12396292	USD
CY2015Q4	us-gaap	Redeemable Noncontrolling Interest Equity Preferred Carrying Amount RedeemableNoncontrollingInterestEquityPreferredCarryingAmount	0	USD
CY2016Q3	us-gaap	Redeemable Noncontrolling Interest Equity Preferred Carrying Amount RedeemableNoncontrollingInterestEquityPreferredCarryingAmount	27601050	USD
	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	522443	USD
	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	2606030	USD
CY2015Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-8895369	USD
CY2016Q3	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-12197348	USD
CY2015Q4	us-gaap	Secured Long Term Debt SecuredLongTermDebt	141578935	USD
CY2016Q3	us-gaap	Secured Long Term Debt SecuredLongTermDebt	167879624	USD
	us-gaap	Stock Issued During Period Value Acquisitions StockIssuedDuringPeriodValueAcquisitions	11763144	USD
CY2015	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	21528025	USD
	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	360472	USD
CY2015Q4	us-gaap	Stockholders Equity StockholdersEquity	78006719	USD
CY2016Q3	us-gaap	Stockholders Equity StockholdersEquity	77187668	USD
CY2014Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	59969328	USD
CY2015Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	78006719	USD
CY2016Q3	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	86545055	USD
CY2016Q3	us-gaap	Temporary Equity Liquidation Preference TemporaryEquityLiquidationPreference	25	USD
CY2015Q4	us-gaap	Temporary Equity Par Or Stated Value Per Share TemporaryEquityParOrStatedValuePerShare	0.001
CY2016Q3	us-gaap	Temporary Equity Par Or Stated Value Per Share TemporaryEquityParOrStatedValuePerShare	0.001
CY2015Q4	us-gaap	Temporary Equity Shares Authorized TemporaryEquitySharesAuthorized	0	shares
CY2016Q3	us-gaap	Temporary Equity Shares Authorized TemporaryEquitySharesAuthorized	2000000	shares
CY2015Q4	us-gaap	Temporary Equity Shares Issued TemporaryEquitySharesIssued	0	shares
CY2016Q3	us-gaap	Temporary Equity Shares Issued TemporaryEquitySharesIssued	1150000	shares
CY2015Q4	us-gaap	Temporary Equity Shares Outstanding TemporaryEquitySharesOutstanding	0	shares
CY2016Q3	us-gaap	Temporary Equity Shares Outstanding TemporaryEquitySharesOutstanding	1150000	shares
CY2015Q4	us-gaap	Tenant Improvements TenantImprovements	1302009	USD
CY2016Q3	us-gaap	Tenant Improvements TenantImprovements	1882114	USD
CY2015Q3	us-gaap	Tenant Reimbursements TenantReimbursements	3313	USD
	us-gaap	Tenant Reimbursements TenantReimbursements	10108	USD
CY2016Q3	us-gaap	Tenant Reimbursements TenantReimbursements	1957	USD
	us-gaap	Tenant Reimbursements TenantReimbursements	7989	USD
CY2015Q4	us-gaap	Unamortized Debt Issuance Expense UnamortizedDebtIssuanceExpense	1054222	USD
CY2016Q3	us-gaap	Unamortized Debt Issuance Expense UnamortizedDebtIssuanceExpense	1100503	USD
CY2015Q3	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	9060314	shares
	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	8422748	shares
CY2016Q3	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	10018331	shares
	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	10001466	shares
	us-gaap	Prior Period Reclassification Adjustment Description PriorPeriodReclassificationAdjustmentDescription	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Reclassifications</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Certain line items on the Condensed Consolidated Balance Sheet as of </font><font style="font-family:inherit;font-size:10pt;">December 31, 2015</font><font style="font-family:inherit;font-size:10pt;">, and the Condensed Consolidated Statement of Operations for the </font><font style="font-family:inherit;font-size:10pt;">three and nine</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">September 30, 2015</font><font style="font-family:inherit;font-size:10pt;">, have been reclassified to conform to the current period’s presentation. These reclassifications had no impact on previously-reported stockholders’ equity or net income.</font></div></div>
	us-gaap	Use Of Estimates UseOfEstimates	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Use of Estimates</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">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 as of the date of the financial statements and the reported amounts of revenues and expenses during the reporting periods. Actual results could materially differ from those estimates.</font></div></div>

Files In Submission

Name	View Source	Status
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report.css	Edgar Link	pending
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$LAND
GLADSTONE LAND Corp Stock $land

2016 Q4 Form 10-Q Financial Statement

#000149524016000005 Filed on November 14, 2016

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$LAND GLADSTONE LAND Corp Stock $land

2016 Q4 Form 10-Q Financial Statement

#000149524016000005 Filed on November 14, 2016

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$LAND
GLADSTONE LAND Corp Stock $land