$LAND
GLADSTONE LAND Corp Stock $land

$land Overview Financials Valuation SEC Filings Company Website

2018 Q4 Form 10-Q Financial Statement

#000149524018000020 Filed on November 08, 2018

Income Statement

Concept	2018 Q4	2018 Q3	2017 Q3
Revenue	$8.031M	$8.017M	$6.564M
YoY Change	17.89%	22.14%	46.88%
Cost Of Revenue	$1.400M	$1.310M	$780.0K
YoY Change	38.61%	67.95%	41.82%
Gross Profit	$6.630M	$6.710M	$5.780M
YoY Change	14.31%	16.09%	47.45%
Gross Profit Margin	82.56%	83.7%	88.06%
Selling, General & Admin	$590.0K	$1.610M	$850.0K
YoY Change	-13.24%	89.41%	51.79%
% of Gross Profit	8.9%	23.99%	14.71%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$2.570M	$2.374M	$2.051M
YoY Change	21.23%	15.75%	43.23%
% of Gross Profit	38.76%	35.38%	35.48%
Operating Expenses	$3.120M	$4.672M	$3.645M
YoY Change	11.83%	28.18%	36.86%
Operating Profit	$3.510M	$3.345M	$2.919M
YoY Change	16.61%	14.59%	61.63%
Interest Expense	-$3.860M	$3.082M	$2.634M
YoY Change	19.14%	17.01%	69.5%
% of Operating Profit	-109.97%	92.14%	90.24%
Other Income/Expense, Net	-$4.593M	$2.675M	-$3.166M
YoY Change	45.26%	-184.49%	78.77%
Pretax Income	-$1.080M	$6.020M	-$250.0K
YoY Change	390.91%	-2508.0%	-822.52%
Income Tax
% Of Pretax Income
Net Earnings	-$1.015M	$5.683M	-$221.0K
YoY Change	437.04%	-2671.49%	-790.63%
Net Earnings / Revenue	-12.64%	70.89%	-3.37%
Basic Earnings Per Share
Diluted Earnings Per Share	-$61.32K	$353.7K	-$17.93K
COMMON SHARES
Basic Shares Outstanding	16.07M shares	16.07M shares	12.01M shares
Diluted Shares Outstanding

Balance Sheet

Concept	2018 Q4	2018 Q3	2017 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments	$14.70M	$2.900M	$3.800M
YoY Change	406.9%	-23.68%	58.33%
Cash & Equivalents	$14.73M	$2.929M	$3.758M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory	$0.00	$0.00
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets	$14.70M	$2.900M	$3.800M
YoY Change	234.09%	-23.68%	58.33%
LONG-TERM ASSETS
Property, Plant & Equipment	$539.0M	$497.1M	$444.4M
YoY Change	19.91%	11.86%	43.73%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets			$200.0K
YoY Change			100.0%
Total Long-Term Assets	$550.4M	$507.0M	$452.8M
YoY Change	20.21%	11.98%	44.23%
TOTAL ASSETS
Total Short-Term Assets	$14.70M	$2.900M	$3.800M
Total Long-Term Assets	$550.4M	$507.0M	$452.8M
Total Assets	$565.1M	$509.9M	$456.6M
YoY Change	22.25%	11.68%	44.34%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$9.200M	$6.400M	$4.400M
YoY Change	24.32%	45.45%	100.0%
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	$10.10M	$7.400M	$5.400M
YoY Change	21.69%	37.04%	92.86%
LONG-TERM LIABILITIES
Long-Term Debt	$364.0M	$344.3M	$323.2M
YoY Change	10.67%	6.53%	48.26%
Other Long-Term Liabilities	$10.00M	$11.00M	$9.000M
YoY Change	40.85%	22.22%	1.12%
Total Long-Term Liabilities	$374.0M	$355.3M	$332.2M
YoY Change	11.31%	6.95%	46.41%
TOTAL LIABILITIES
Total Short-Term Liabilities	$10.10M	$7.400M	$5.400M
Total Long-Term Liabilities	$374.0M	$355.3M	$332.2M
Total Liabilities	$384.1M	$362.7M	$337.6M
YoY Change	11.54%	7.44%	46.92%
SHAREHOLDERS EQUITY
Retained Earnings			-$17.80M
YoY Change			45.94%
Common Stock	$202.1M	$164.0M	$126.9M
YoY Change	55.78%	29.24%	41.93%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$176.2M	$141.7M	$109.1M
YoY Change
Total Liabilities & Shareholders Equity	$565.1M	$509.9M	$456.6M
YoY Change	22.25%	11.68%	44.34%

Cashflow Statement

Concept	2018 Q4	2018 Q3	2017 Q3
OPERATING ACTIVITIES
Net Income	-$1.015M	$5.683M	-$221.0K
YoY Change	437.04%	-2671.49%	-790.63%
Depreciation, Depletion And Amortization	$2.570M	$2.374M	$2.051M
YoY Change	21.23%	15.75%	43.23%
Cash From Operating Activities	$2.370M	$3.560M	$2.990M
YoY Change	-306.09%	19.06%	218.09%
INVESTING ACTIVITIES
Capital Expenditures	-$45.42M	-$32.23M	-$39.85M
YoY Change	426.3%	-19.12%	7.59%
Acquisitions
YoY Change
Other Investing Activities	$200.0K	$200.0K	-$300.0K
YoY Change	-95.32%	-166.67%	233.33%
Cash From Investing Activities	-$45.22M	-$32.03M	-$40.15M
YoY Change	937.16%	-20.22%	8.13%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	54.65M	28.82M	38.15M
YoY Change	1065.25%	-24.46%	4.52%
NET CHANGE
Cash From Operating Activities	2.370M	3.560M	2.990M
Cash From Investing Activities	-45.22M	-32.03M	-40.15M
Cash From Financing Activities	54.65M	28.82M	38.15M
Net Change In Cash	11.80M	350.0K	990.0K
YoY Change	-1539.02%	-64.65%	219.35%
FREE CASH FLOW
Cash From Operating Activities	$2.370M	$3.560M	$2.990M
Capital Expenditures	-$45.42M	-$32.23M	-$39.85M
Free Cash Flow	$47.79M	$35.79M	$42.84M
YoY Change	538.9%	-16.46%	12.8%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
	land	Additions To Real Estate Included In Accounts Payable And Accrued Expenses And Contingent Consideration Owed AdditionsToRealEstateIncludedInAccountsPayableAndAccruedExpensesAndContingentConsiderationOwed	1140000	USD
	land	Additions To Real Estate Included In Accounts Payable And Accrued Expenses And Contingent Consideration Owed AdditionsToRealEstateIncludedInAccountsPayableAndAccruedExpensesAndContingentConsiderationOwed	2656000	USD
CY2017Q3	land	Administration Fee AdministrationFee	211000	USD
	dei	Amendment Flag AmendmentFlag	false
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q3
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2018
	dei	Document Period End Date DocumentPeriodEndDate	2018-09-30
	dei	Document Type DocumentType	10-Q
	dei	Entity Central Index Key EntityCentralIndexKey	0001495240
CY2018Q4	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	16070616	shares
	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	true
	dei	Entity Ex Transition Period EntityExTransitionPeriod	false
	dei	Entity Filer Category EntityFilerCategory	Accelerated Filer
	dei	Entity Registrant Name EntityRegistrantName	GLADSTONE LAND Corp
	dei	Entity Small Business EntitySmallBusiness	false
	dei	Trading Symbol TradingSymbol	LAND
	land	Administration Fee AdministrationFee	656000	USD
CY2018Q3	land	Administration Fee AdministrationFee	387000	USD
	land	Administration Fee AdministrationFee	935000	USD
CY2017Q4	land	Administrative Fee Due To Administrator AdministrativeFeeDueToAdministrator	258000	USD
CY2018Q3	land	Administrative Fee Due To Administrator AdministrativeFeeDueToAdministrator	340000	USD
CY2017Q4	land	Agricultural Related Inventory Overhead Costs AgriculturalRelatedInventoryOverheadCosts	193000	USD
CY2017Q3	land	Amortization Of Above Market Lease AmortizationOfAboveMarketLease	4000	USD
	land	Amortization Of Above Market Lease AmortizationOfAboveMarketLease	7000	USD
CY2018Q3	land	Amortization Of Above Market Lease AmortizationOfAboveMarketLease	2000	USD
	land	Common Stock Offering And Operating Partnership Unit Issuance Costs Included In Accounts Payable And Accrued Expenses CommonStockOfferingAndOperatingPartnershipUnitIssuanceCostsIncludedInAccountsPayableAndAccruedExpenses	100000	USD
	land	Amortization Of Deferred Rent Asset And Liability Net AmortizationOfDeferredRentAssetAndLiabilityNet	-189000	USD
	land	Amortization Of Deferred Rent Asset And Liability Net AmortizationOfDeferredRentAssetAndLiabilityNet	-272000	USD
	us-gaap	Interest Expense InterestExpense	6984000	USD
	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	0	USD
	land	Amortization Of Above Market Lease AmortizationOfAboveMarketLease	5000	USD
CY2017Q4	land	Capital Gains Fee Dueto Advisor CapitalGainsFeeDuetoAdvisor	0	USD
CY2018Q3	land	Capital Gains Fee Dueto Advisor CapitalGainsFeeDuetoAdvisor	778000	USD
CY2018Q3	land	Capital Leases Future Minimum Payments Duein Six Years CapitalLeasesFutureMinimumPaymentsDueinSixYears	30000	USD
	land	Common Stock Offering And Operating Partnership Unit Issuance Costs Included In Accounts Payable And Accrued Expenses CommonStockOfferingAndOperatingPartnershipUnitIssuanceCostsIncludedInAccountsPayableAndAccruedExpenses	237000	USD
CY2017Q1	land	Amount To Be Paid To Adviser In Percentage Of Pre Incentive Fee Condition One AmountToBePaidToAdviserInPercentageOfPreIncentiveFeeConditionOne	1
CY2017Q2	land	Amount To Be Paid To Adviser In Percentage Of Pre Incentive Fee Condition One AmountToBePaidToAdviserInPercentageOfPreIncentiveFeeConditionOne	1.00
CY2017Q1	land	Amount To Be Paid To Adviser In Percentage Of Pre Incentive Fee Condition Two AmountToBePaidToAdviserInPercentageOfPreIncentiveFeeConditionTwo	0.20
CY2017Q2	land	Amount To Be Paid To Adviser In Percentage Of Pre Incentive Fee Condition Two AmountToBePaidToAdviserInPercentageOfPreIncentiveFeeConditionTwo	0.20
CY2017Q1	land	Annualized Incentive Fee Per Advisory Agreement AnnualizedIncentiveFeePerAdvisoryAgreement	0.07
CY2017Q2	land	Annualized Incentive Fee Per Advisory Agreement AnnualizedIncentiveFeePerAdvisoryAgreement	0.070
CY2017Q3	land	Capital Gains Fee CapitalGainsFee	0	USD
	land	Capital Gains Fee CapitalGainsFee	0	USD
CY2018Q3	land	Capital Gains Fee CapitalGainsFee	778000	USD
	land	Capital Gains Fee CapitalGainsFee	778000	USD
CY2018Q1	land	Cost Of Capitalized And Expensed Repairs And Maintenance CostOfCapitalizedAndExpensedRepairsAndMaintenance	81000	USD
CY2017Q3	land	Credits To Fees From Adviser CreditsToFeesFromAdviser	54000	USD
	land	Credits To Fees From Adviser CreditsToFeesFromAdviser	54000	USD
CY2018Q3	land	Credits To Fees From Adviser CreditsToFeesFromAdviser	796000	USD
	land	Credits To Fees From Adviser CreditsToFeesFromAdviser	970000	USD
CY2017Q4	land	Creditto Fees Dueto Advisor CredittoFeesDuetoAdvisor	0	USD
CY2018Q3	land	Creditto Fees Dueto Advisor CredittoFeesDuetoAdvisor	796000	USD
CY2017Q3	land	Debt Instrument Weighted Average Interest Rate DebtInstrumentWeightedAverageInterestRate	0.0344
	land	Debt Instrument Weighted Average Interest Rate DebtInstrumentWeightedAverageInterestRate	0.0333
CY2018Q3	land	Debt Instrument Weighted Average Interest Rate DebtInstrumentWeightedAverageInterestRate	0.0376
	land	Debt Instrument Weighted Average Interest Rate DebtInstrumentWeightedAverageInterestRate	0.0363
CY2017Q4	land	Due To From Adviser DueToFromAdviser	682000	USD
CY2018Q3	land	Due To From Adviser DueToFromAdviser	684000	USD
	land	Escrow Proceeds From Asset Sale EscrowProceedsFromAssetSale	0	USD
	land	Escrow Proceeds From Asset Sale EscrowProceedsFromAssetSale	20500000000	USD
CY2018Q3	land	Farmable Area Of Land FarmableAreaOfLand	53844	acre
CY2017Q4	land	Fee Due To Administrator FeeDueToAdministrator	258000	USD
CY2018Q3	land	Fee Due To Administrator FeeDueToAdministrator	340000	USD
CY2018Q3	land	Finance Lease Cost FinanceLeaseCost	12000	USD
	land	Finance Lease Cost FinanceLeaseCost	36000	USD
CY2017Q3	land	Financing Fee FinancingFee	28000	USD
	land	Financing Fee FinancingFee	30000	USD
CY2018Q3	land	Financing Fee FinancingFee	57000	USD
	land	Financing Fee FinancingFee	59000	USD
	land	Financing Fees Included In Accounts Payable And Accrued Liabilities FinancingFeesIncludedInAccountsPayableAndAccruedLiabilities	54000	USD
	land	Financing Fees Included In Accounts Payable And Accrued Liabilities FinancingFeesIncludedInAccountsPayableAndAccruedLiabilities	0	USD
CY2017Q3	land	Gain Loss On Business Interruption Insurance Recovery GainLossOnBusinessInterruptionInsuranceRecovery	0	USD
	land	Gain Loss On Business Interruption Insurance Recovery GainLossOnBusinessInterruptionInsuranceRecovery	0	USD
CY2018Q1	land	Gain Loss On Business Interruption Insurance Recovery GainLossOnBusinessInterruptionInsuranceRecovery	-129000	USD
CY2018Q3	land	Gain Loss On Business Interruption Insurance Recovery GainLossOnBusinessInterruptionInsuranceRecovery	0	USD
	land	Gain Loss On Business Interruption Insurance Recovery GainLossOnBusinessInterruptionInsuranceRecovery	-129000	USD
CY2017Q1	land	Incentive Fee Per Advisory Agreement IncentiveFeePerAdvisoryAgreement	0.0175
CY2017Q2	land	Incentive Fee Per Advisory Agreement IncentiveFeePerAdvisoryAgreement	0.0175
CY2017Q2	land	Maximum Number Of Securities Can Be Sold Under Shelf Registration Statement MaximumNumberOfSecuritiesCanBeSoldUnderShelfRegistrationStatement	2	security
CY2017Q4	land	Irrigation Equipment System IrrigationEquipmentSystem	50282000	USD
CY2018Q3	land	Irrigation Equipment System IrrigationEquipmentSystem	65427000	USD
	land	Loss On Disposal Of Real Estate Asset Included In Accounts Payable Accrued Expenses And Due To Related Parties LossOnDisposalOfRealEstateAssetIncludedInAccountsPayableAccruedExpensesAndDueToRelatedParties	23000	USD
	land	Loss On Disposal Of Real Estate Asset Included In Accounts Payable Accrued Expenses And Due To Related Parties LossOnDisposalOfRealEstateAssetIncludedInAccountsPayableAccruedExpensesAndDueToRelatedParties	87000	USD
CY2017Q4	land	Management Fee Due To Advisor ManagementFeeDueToAdvisor	666000	USD
CY2018Q3	land	Management Fee Due To Advisor ManagementFeeDueToAdvisor	693000	USD
CY2017Q3	land	Management Feesand Financing Fees ManagementFeesandFinancingFees	28000	USD
	land	Management Feesand Financing Fees ManagementFeesandFinancingFees	30000	USD
CY2018Q3	land	Management Feesand Financing Fees ManagementFeesandFinancingFees	947000	USD
	land	Management Feesand Financing Fees ManagementFeesandFinancingFees	999000	USD
CY2017Q1	land	Maximum Annual Percentage Of Stockholders Equity To Pay Full Pre Incentive Fee To Adviser MaximumAnnualPercentageOfStockholdersEquityToPayFullPreIncentiveFeeToAdviser	0.0875
CY2017Q2	land	Maximum Annual Percentage Of Stockholders Equity To Pay Full Pre Incentive Fee To Adviser MaximumAnnualPercentageOfStockholdersEquityToPayFullPreIncentiveFeeToAdviser	0.0875
CY2017Q2	land	Notice Period For Termination Of Agreement Without Cause NoticePeriodForTerminationOfAgreementWithoutCause	P120D
CY2017Q2	land	Number Of Farms Acquired NumberOfFarmsAcquired	2	farm
CY2017Q2	land	Number Of Leases NumberOfLeases	2	lease
	land	Number Of Real Estate Farms NumberOfRealEstateFarms	72	farm
	land	Number Of Real Estate Farms NumberOfRealEstateFarms	82	farm
	land	Numberof Executive Officers That Serve As Directors NumberofExecutiveOfficersThatServeAsDirectors	2	officer
	land	Numberof Tenants Lease Properties NumberofTenantsLeaseProperties	56	tenant
CY2017Q3	land	Operating Expenses Before Credit To Incentive Fee OperatingExpensesBeforeCreditToIncentiveFee	3699000	USD
	land	Operating Expenses Before Credit To Incentive Fee OperatingExpensesBeforeCreditToIncentiveFee	9936000	USD
CY2018Q3	land	Operating Expenses Before Credit To Incentive Fee OperatingExpensesBeforeCreditToIncentiveFee	5468000	USD
	land	Operating Expenses Before Credit To Incentive Fee OperatingExpensesBeforeCreditToIncentiveFee	21024000	USD
CY2017Q4	land	Other Due To Advisor OtherDueToAdvisor	16000	USD
CY2018Q3	land	Other Due To Advisor OtherDueToAdvisor	9000	USD
CY2018Q3	land	Partners Capital Account Units Redeemed Price Per Share PartnersCapitalAccountUnitsRedeemedPricePerShare	13.21
	land	Percentage Of Area Of Land PercentageOfAreaOfLand	1
	land	Percentage Of Area Of Land PercentageOfAreaOfLand	1.000
CY2017Q1	land	Percentage Of Expected Annual Base Management Fee To Aggregate Stockholders Equity PercentageOfExpectedAnnualBaseManagementFeeToAggregateStockholdersEquity	0.020
CY2017Q2	land	Percentage Of Expected Annual Base Management Fee To Aggregate Stockholders Equity PercentageOfExpectedAnnualBaseManagementFeeToAggregateStockholdersEquity	0.020
CY2017Q2	land	Percentage Of Expected Quarterly Base Management Fee To Aggregate Stockholders Equity PercentageOfExpectedQuarterlyBaseManagementFeeToAggregateStockholdersEquity	0.0050
	land	Percentage Of Rental Revenue PercentageOfRentalRevenue	1
	land	Percentage Of Rental Revenue PercentageOfRentalRevenue	1.000
CY2017Q2	land	Percentageof Incentive Feeson Capital Gains PercentageofIncentiveFeesonCapitalGains	0.15
CY2017Q1	land	Pre Incentive Fee In Percentage Of Common Stockholders Equity That Awards Adviser Hundred Percent Of Amount Of Pre Incentive Fee Maximum Percentage PreIncentiveFeeInPercentageOfCommonStockholdersEquityThatAwardsAdviserHundredPercentOfAmountOfPreIncentiveFeeMaximumPercentage	0.021875
CY2017Q1	land	Pre Incentive Fee In Percentage Of Common Stockholders Equity That Awards Adviser Hundred Percent Of Amount Of Pre Incentive Fee Maximum Percentage PreIncentiveFeeInPercentageOfCommonStockholdersEquityThatAwardsAdviserHundredPercentOfAmountOfPreIncentiveFeeMaximumPercentage	0.021875
CY2017Q2	land	Pre Incentive Fee In Percentage Of Common Stockholders Equity That Awards Adviser Hundred Percent Of Amount Of Pre Incentive Fee Maximum Percentage PreIncentiveFeeInPercentageOfCommonStockholdersEquityThatAwardsAdviserHundredPercentOfAmountOfPreIncentiveFeeMaximumPercentage	0.021875
CY2017Q3	land	Property Operating Expenses PropertyOperatingExpenses	267000	USD
	land	Property Operating Expenses PropertyOperatingExpenses	796000	USD
CY2018Q3	land	Property Operating Expenses PropertyOperatingExpenses	621000	USD
	land	Property Operating Expenses PropertyOperatingExpenses	1381000	USD
	land	Real Estate Additions Included In Other Assets RealEstateAdditionsIncludedInOtherAssets	15000	USD
	land	Real Estate Additions Included In Other Assets RealEstateAdditionsIncludedInOtherAssets	0	USD
	land	Real Estate Additions Included In Other Liabilities RealEstateAdditionsIncludedInOtherLiabilities	506000	USD
	land	Real Estate Additions Included In Other Liabilities RealEstateAdditionsIncludedInOtherLiabilities	136000	USD
CY2017Q4	land	Real Estate And Accumulated Depreciation Carrying Amount Of Horticulture RealEstateAndAccumulatedDepreciationCarryingAmountOfHorticulture	34803000	USD
CY2018Q3	land	Real Estate And Accumulated Depreciation Carrying Amount Of Horticulture RealEstateAndAccumulatedDepreciationCarryingAmountOfHorticulture	39320000	USD
CY2017Q4	land	Real Estate Other Site Improvements RealEstateOtherSiteImprovements	6551000	USD
CY2018Q3	land	Real Estate Other Site Improvements RealEstateOtherSiteImprovements	6750000	USD
CY2018Q1	land	Real Estate Repair Cost Capitalized RealEstateRepairCostCapitalized	34000	USD
CY2017Q3	land	Related Party Transaction Net Incentive Fees Paid And Credits Received RelatedPartyTransactionNetIncentiveFeesPaidAndCreditsReceived	730000	USD
	land	Related Party Transaction Net Incentive Fees Paid And Credits Received RelatedPartyTransactionNetIncentiveFeesPaidAndCreditsReceived	2080000	USD
CY2018Q3	land	Related Party Transaction Net Incentive Fees Paid And Credits Received RelatedPartyTransactionNetIncentiveFeesPaidAndCreditsReceived	672000	USD
	land	Related Party Transaction Net Incentive Fees Paid And Credits Received RelatedPartyTransactionNetIncentiveFeesPaidAndCreditsReceived	1910000	USD
CY2018Q3	land	Sec Schedule Iii Real Estate Investment Property Including Intangible Assets Net SecScheduleIiiRealEstateInvestmentPropertyIncludingIntangibleAssetsNet	499919000	USD
	land	Stock Issued During Period Value Issuedfor Services Common Stock StockIssuedDuringPeriodValueIssuedforServicesCommonStock	38423000	USD
	land	Stock Issued During Period Value Issuedfor Services Common Stock StockIssuedDuringPeriodValueIssuedforServicesCommonStock	23607000	USD
	land	Stock Issued During Period Value Issuedfor Services Preferred Stock StockIssuedDuringPeriodValueIssuedforServicesPreferredStock	8799000	USD
	land	Stockholders Equity Decreasefrom Distributions StockholdersEquityDecreasefromDistributions	5125000	USD
	land	Stockholders Equity Decreasefrom Distributions StockholdersEquityDecreasefromDistributions	6391000	USD
CY2017Q3	land	Tenant Improvements Depreciationand Rental Revenue TenantImprovementsDepreciationandRentalRevenue	61000	USD
	land	Tenant Improvements Depreciationand Rental Revenue TenantImprovementsDepreciationandRentalRevenue	150000	USD
CY2018Q3	land	Tenant Improvements Depreciationand Rental Revenue TenantImprovementsDepreciationandRentalRevenue	77000	USD
	land	Tenant Improvements Depreciationand Rental Revenue TenantImprovementsDepreciationandRentalRevenue	228000	USD
CY2017Q3	land	Tenant Recovery Revenue TenantRecoveryRevenue	3000	USD
	land	Tenant Recovery Revenue TenantRecoveryRevenue	8000	USD
CY2018Q3	land	Tenant Recovery Revenue TenantRecoveryRevenue	2000	USD
	land	Tenant Recovery Revenue TenantRecoveryRevenue	11000	USD
CY2017Q3	land	Weighted Average Number Of Operating Partnership Units Held By Noncontrolling Interest WeightedAverageNumberOfOperatingPartnershipUnitsHeldByNoncontrollingInterest	1444435	shares
	land	Weighted Average Number Of Operating Partnership Units Held By Noncontrolling Interest WeightedAverageNumberOfOperatingPartnershipUnitsHeldByNoncontrollingInterest	1447633	shares
CY2018Q3	land	Weighted Average Number Of Operating Partnership Units Held By Noncontrolling Interest WeightedAverageNumberOfOperatingPartnershipUnitsHeldByNoncontrollingInterest	683527	shares
	land	Weighted Average Number Of Operating Partnership Units Held By Noncontrolling Interest WeightedAverageNumberOfOperatingPartnershipUnitsHeldByNoncontrollingInterest	857041	shares
CY2018Q3	srt	Real Estate And Accumulated Depreciation Amount Of Encumbrances RealEstateAndAccumulatedDepreciationAmountOfEncumbrances	318506000	USD
CY2017Q4	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	7398000	USD
CY2018Q3	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	6400000	USD
CY2017Q4	us-gaap	Accumulated Distributions In Excess Of Net Income AccumulatedDistributionsInExcessOfNetIncome	19802000	USD
CY2018Q3	us-gaap	Accumulated Distributions In Excess Of Net Income AccumulatedDistributionsInExcessOfNetIncome	22305000	USD
	us-gaap	Acquired Finite Lived Intangible Assets Weighted Average Useful Life AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife	P7Y
	us-gaap	Acquired Finite Lived Intangible Assets Weighted Average Useful Life AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife	P7Y1M6D
CY2017Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	129705000	USD
CY2018Q3	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	163943000	USD
CY2017Q4	us-gaap	Agricultural Related Inventory AgriculturalRelatedInventory	1528000	USD
CY2018Q3	us-gaap	Agricultural Related Inventory AgriculturalRelatedInventory	0	USD
CY2017Q4	us-gaap	Agricultural Related Inventory Growing Crops AgriculturalRelatedInventoryGrowingCrops	1335000	USD
	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	366000	USD
	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	434000	USD
CY2017Q3	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	390000	USD
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	739000	USD
CY2018Q3	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	289000	USD
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	835000	USD
CY2017Q3	us-gaap	Area Of Real Estate Property AreaOfRealEstateProperty	61794	acre
CY2018Q3	us-gaap	Area Of Real Estate Property AreaOfRealEstateProperty	67826	acre
CY2017Q4	us-gaap	Assets Assets	462278000	USD
CY2018Q3	us-gaap	Assets Assets	509896000	USD
	us-gaap	Below Market Lease Period Increase Decrease BelowMarketLeasePeriodIncreaseDecrease	50000	USD
CY2017Q3	us-gaap	Below Market Lease Period Increase Decrease BelowMarketLeasePeriodIncreaseDecrease	17000	USD
	us-gaap	Below Market Lease Period Increase Decrease BelowMarketLeasePeriodIncreaseDecrease	47000	USD
CY2018Q3	us-gaap	Below Market Lease Period Increase Decrease BelowMarketLeasePeriodIncreaseDecrease	17000	USD
CY2018Q3	us-gaap	Capital Leases Future Minimum Payments Due CapitalLeasesFutureMinimumPaymentsDue	232000	USD
CY2018Q3	us-gaap	Capital Leases Future Minimum Payments Due In Five Years CapitalLeasesFutureMinimumPaymentsDueInFiveYears	30000	USD
CY2018Q3	us-gaap	Capital Leases Future Minimum Payments Due In Four Years CapitalLeasesFutureMinimumPaymentsDueInFourYears	47000	USD
CY2018Q3	us-gaap	Capital Leases Future Minimum Payments Due In Three Years CapitalLeasesFutureMinimumPaymentsDueInThreeYears	47000	USD
CY2018Q3	us-gaap	Capital Leases Future Minimum Payments Due In Two Years CapitalLeasesFutureMinimumPaymentsDueInTwoYears	47000	USD
CY2018Q3	us-gaap	Capital Leases Future Minimum Payments Due Thereafter CapitalLeasesFutureMinimumPaymentsDueThereafter	31000	USD
CY2018Q3	us-gaap	Capital Leases Future Minimum Payments Remainder Of Fiscal Year CapitalLeasesFutureMinimumPaymentsRemainderOfFiscalYear	0	USD
CY2016Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	2438000	USD
CY2017Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	3758000	USD
CY2017Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	2938000	USD
CY2018Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	2929000	USD
	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	1320000	USD
	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-9000	USD
CY2017Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2018Q3	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2017Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2018Q3	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2017Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	98000000	shares
CY2018Q3	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	91500000	shares
CY2018Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	98000000	shares
CY2017Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	13791574	shares
CY2018Q3	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	16070616	shares
CY2017Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	13791574	shares
CY2018Q3	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	16070616	shares
CY2017Q4	us-gaap	Common Stock Value CommonStockValue	14000	USD
CY2018Q3	us-gaap	Common Stock Value CommonStockValue	16000	USD
CY2018Q1	us-gaap	Cost Of Property Repairs And Maintenance CostOfPropertyRepairsAndMaintenance	47000	USD
CY2017Q3	us-gaap	Depreciation Depreciation	1700000	USD
	us-gaap	Depreciation Depreciation	4400000	USD
CY2018Q3	us-gaap	Depreciation Depreciation	2100000	USD
	us-gaap	Depreciation Depreciation	6000000	USD
CY2017Q3	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	2051000	USD
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	5123000	USD
CY2018Q3	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	2374000	USD
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	6805000	USD
CY2018Q3	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	49000	USD
	us-gaap	Dividends Preferred Stock DividendsPreferredStock	92000	USD
CY2017Q4	us-gaap	Due To Related Parties Current And Noncurrent DueToRelatedPartiesCurrentAndNoncurrent	940000	USD
CY2018Q3	us-gaap	Due To Related Parties Current And Noncurrent DueToRelatedPartiesCurrentAndNoncurrent	1024000	USD
CY2017Q3	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.02
	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	0.01
CY2018Q3	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	0.35
	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	0.23
CY2017Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	5492000	USD
CY2018Q3	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	5829000	USD
	us-gaap	Gain Loss On Disposition Of Real Estate Discontinued Operations GainLossOnDispositionOfRealEstateDiscontinuedOperations	-78000	USD
	us-gaap	Gain Loss On Disposition Of Real Estate Discontinued Operations GainLossOnDispositionOfRealEstateDiscontinuedOperations	6247000	USD
CY2017Q3	us-gaap	Gains Losses On Sales Of Investment Real Estate GainsLossesOnSalesOfInvestmentRealEstate	-78000	USD
	us-gaap	Gains Losses On Sales Of Investment Real Estate GainsLossesOnSalesOfInvestmentRealEstate	-78000	USD
CY2018Q3	us-gaap	Gains Losses On Sales Of Investment Real Estate GainsLossesOnSalesOfInvestmentRealEstate	6247000	USD
	us-gaap	Gains Losses On Sales Of Investment Real Estate GainsLossesOnSalesOfInvestmentRealEstate	6247000	USD
CY2017Q3	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	386000	USD
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	1227000	USD
CY2018Q3	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	443000	USD
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	1350000	USD
CY2017Q3	us-gaap	Incentive Fee Expense IncentiveFeeExpense	261000	USD
	us-gaap	Incentive Fee Expense IncentiveFeeExpense	688000	USD
CY2018Q3	us-gaap	Incentive Fee Expense IncentiveFeeExpense	0	USD
	us-gaap	Incentive Fee Expense IncentiveFeeExpense	0	USD
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	541000	USD
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-677000	USD
	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	-492000	USD
	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	1274000	USD
	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	1079000	USD
	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	4096000	USD
CY2017Q3	us-gaap	Interest Expense InterestExpense	2634000	USD
CY2018Q3	us-gaap	Interest Expense InterestExpense	3082000	USD
	us-gaap	Interest Expense InterestExpense	8728000	USD
CY2017Q3	us-gaap	Interest Expense Other InterestExpenseOther	458000	USD
	us-gaap	Interest Expense Other InterestExpenseOther	1375000	USD
CY2018Q3	us-gaap	Interest Expense Other InterestExpenseOther	458000	USD
	us-gaap	Interest Expense Other InterestExpenseOther	1375000	USD
CY2017Q3	us-gaap	Inventory Write Down InventoryWriteDown	0	USD
	us-gaap	Inventory Write Down InventoryWriteDown	0	USD
CY2018Q3	us-gaap	Inventory Write Down InventoryWriteDown	33000	USD
	us-gaap	Inventory Write Down InventoryWriteDown	1093000	USD
	us-gaap	Inventory Write Down InventoryWriteDown	1100000	USD
CY2017Q4	us-gaap	Investment Building And Building Improvements InvestmentBuildingAndBuildingImprovements	18191000	USD
CY2018Q3	us-gaap	Investment Building And Building Improvements InvestmentBuildingAndBuildingImprovements	18507000	USD
CY2017Q4	us-gaap	Land And Land Improvements LandAndLandImprovements	356316000	USD
CY2018Q3	us-gaap	Land And Land Improvements LandAndLandImprovements	389333000	USD
CY2017Q4	us-gaap	Liabilities Liabilities	344327000	USD
CY2018Q3	us-gaap	Liabilities Liabilities	362696000	USD
CY2017Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	462278000	USD
CY2018Q3	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	509896000	USD
CY2017Q4	us-gaap	Line Of Credit LineOfCredit	10000000	USD
CY2018Q3	us-gaap	Line Of Credit LineOfCredit	100000	USD
CY2017Q4	us-gaap	Long Term Debt LongTermDebt	301002000	USD
CY2018Q3	us-gaap	Long Term Debt LongTermDebt	316242000	USD
CY2017Q3	us-gaap	Management Fee Expense ManagementFeeExpense	523000	USD
	us-gaap	Management Fee Expense ManagementFeeExpense	1446000	USD
CY2018Q3	us-gaap	Management Fee Expense ManagementFeeExpense	690000	USD
	us-gaap	Management Fee Expense ManagementFeeExpense	2102000	USD
	us-gaap	Minority Interest Decrease From Redemptions MinorityInterestDecreaseFromRedemptions	0	USD
	us-gaap	Minority Interest Decrease From Redemptions MinorityInterestDecreaseFromRedemptions	0	USD
CY2017Q4	us-gaap	Minority Interest In Operating Partnerships MinorityInterestInOperatingPartnerships	8034000	USD
CY2018Q3	us-gaap	Minority Interest In Operating Partnerships MinorityInterestInOperatingPartnerships	5546000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	118937000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	40539000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-125288000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-48592000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	7671000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	8044000	USD
CY2017Q3	us-gaap	Net Income Loss NetIncomeLoss	-221000	USD
	us-gaap	Net Income Loss NetIncomeLoss	158000	USD
CY2018Q3	us-gaap	Net Income Loss NetIncomeLoss	5683000	USD
	us-gaap	Net Income Loss NetIncomeLoss	3643000	USD
CY2017Q3	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-26000	USD
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	23000	USD
CY2018Q3	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	337000	USD
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	206000	USD
CY2017Q3	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-221000	USD
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	158000	USD
CY2018Q3	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	5593000	USD
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	3551000	USD
CY2017Q3	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-3166000	USD
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-8247000	USD
CY2018Q3	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	2675000	USD
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-4754000	USD
CY2017Q3	us-gaap	Operating Expenses OperatingExpenses	3645000	USD
	us-gaap	Operating Expenses OperatingExpenses	9882000	USD
CY2018Q3	us-gaap	Operating Expenses OperatingExpenses	4672000	USD
	us-gaap	Operating Expenses OperatingExpenses	20054000	USD
CY2017Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	2919000	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	8428000	USD
CY2018Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	3345000	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	8603000	USD
CY2017Q3	us-gaap	Operating Leases Income Statement Lease Revenue OperatingLeasesIncomeStatementLeaseRevenue	6561000	USD
	us-gaap	Operating Leases Income Statement Lease Revenue OperatingLeasesIncomeStatementLeaseRevenue	18302000	USD
CY2018Q3	us-gaap	Operating Leases Income Statement Lease Revenue OperatingLeasesIncomeStatementLeaseRevenue	8013000	USD
	us-gaap	Operating Leases Income Statement Lease Revenue OperatingLeasesIncomeStatementLeaseRevenue	21333000	USD
CY2017Q4	us-gaap	Other Assets OtherAssets	2834000	USD
CY2018Q3	us-gaap	Other Assets OtherAssets	4070000	USD
CY2017Q3	us-gaap	Other General Expense OtherGeneralExpense	0	USD
	us-gaap	Other General Expense OtherGeneralExpense	0	USD
CY2018Q3	us-gaap	Other General Expense OtherGeneralExpense	175000	USD
	us-gaap	Other General Expense OtherGeneralExpense	7673000	USD
CY2017Q4	us-gaap	Other Liabilities OtherLiabilities	7097000	USD
CY2018Q3	us-gaap	Other Liabilities OtherLiabilities	10964000	USD
CY2017Q3	us-gaap	Other Nonoperating Income OtherNonoperatingIncome	4000	USD
	us-gaap	Other Nonoperating Income OtherNonoperatingIncome	190000	USD
	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	4557000	USD
	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	6054000	USD
	us-gaap	Payments Of Dividends Preferred Stock And Preference Stock PaymentsOfDividendsPreferredStockAndPreferenceStock	0	USD
	us-gaap	Payments Of Dividends Preferred Stock And Preference Stock PaymentsOfDividendsPreferredStockAndPreferenceStock	43000	USD
	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	604000	USD
	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	525000	USD
CY2018Q1	us-gaap	Payments Of Stock Issuance Costs PaymentsOfStockIssuanceCosts	12700000	USD
	us-gaap	Payments Of Stock Issuance Costs PaymentsOfStockIssuanceCosts	1962000	USD
	us-gaap	Payments Of Stock Issuance Costs PaymentsOfStockIssuanceCosts	1894000	USD
	us-gaap	Payments To Acquire Real Estate PaymentsToAcquireRealEstate	120985000	USD
	us-gaap	Payments To Acquire Real Estate PaymentsToAcquireRealEstate	31467000	USD
	us-gaap	Payments To Develop Real Estate Assets PaymentsToDevelopRealEstateAssets	3438000	USD
	us-gaap	Payments To Develop Real Estate Assets PaymentsToDevelopRealEstateAssets	17157000	USD
	us-gaap	Payments To Minority Shareholders PaymentsToMinorityShareholders	568000	USD
	us-gaap	Payments To Minority Shareholders PaymentsToMinorityShareholders	337000	USD
CY2018Q1	us-gaap	Preferred Stock Capital Shares Reserved For Future Issuance PreferredStockCapitalSharesReservedForFutureIssuance	6500000	shares
CY2017Q3	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	0	USD
CY2018Q3	us-gaap	Other Nonoperating Income OtherNonoperatingIncome	1000	USD
	us-gaap	Other Nonoperating Income OtherNonoperatingIncome	324000	USD
CY2017Q3	us-gaap	Other Operating Income OtherOperatingIncome	0	USD
	us-gaap	Other Operating Income OtherOperatingIncome	0	USD
CY2018Q3	us-gaap	Other Operating Income OtherOperatingIncome	2000	USD
	us-gaap	Other Operating Income OtherOperatingIncome	7313000	USD
	us-gaap	Payments For Proceeds From Deposits On Real Estate Acquisitions PaymentsForProceedsFromDepositsOnRealEstateAcquisitions	865000	USD
	us-gaap	Payments For Proceeds From Deposits On Real Estate Acquisitions PaymentsForProceedsFromDepositsOnRealEstateAcquisitions	100000	USD
	us-gaap	Payments For Repurchase Of Redeemable Preferred Stock PaymentsForRepurchaseOfRedeemablePreferredStock	2270000	USD
	us-gaap	Payments For Repurchase Of Redeemable Preferred Stock PaymentsForRepurchaseOfRedeemablePreferredStock	523000	USD
CY2018Q3	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	90000	USD
	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	92000	USD
CY2018Q3	us-gaap	Preferred Stock Liquidation Preference Value PreferredStockLiquidationPreferenceValue	9826000	USD
CY2018Q3	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.001
CY2018Q3	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	6500000	shares
CY2017Q4	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2018Q3	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
	us-gaap	Proceeds From Issuance Of Secured Debt ProceedsFromIssuanceOfSecuredDebt	104590000	USD
	us-gaap	Proceeds From Issuance Of Secured Debt ProceedsFromIssuanceOfSecuredDebt	48218000	USD
	us-gaap	Proceeds From Issuance Or Sale Of Equity ProceedsFromIssuanceOrSaleOfEquity	40421000	USD
	us-gaap	Proceeds From Issuance Or Sale Of Equity ProceedsFromIssuanceOrSaleOfEquity	34397000	USD
	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	52500000	USD
	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	14100000	USD
	us-gaap	Proceeds From Sale Of Real Estate ProceedsFromSaleOfRealEstate	0	USD
	us-gaap	Proceeds From Sale Of Real Estate ProceedsFromSaleOfRealEstate	132000	USD
CY2017Q3	us-gaap	Profit Loss ProfitLoss	-247000	USD
	us-gaap	Profit Loss ProfitLoss	181000	USD
CY2018Q3	us-gaap	Profit Loss ProfitLoss	6020000	USD
	us-gaap	Profit Loss ProfitLoss	3849000	USD
CY2018Q3	us-gaap	Property Subject To Or Available For Operating Lease Number Of Units PropertySubjectToOrAvailableForOperatingLeaseNumberOfUnits	2	lease
	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	0	USD
	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	108000	USD
CY2017Q4	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	16657000	USD
CY2018Q3	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	22269000	USD
CY2017Q4	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	466143000	USD
CY2018Q3	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	519337000	USD
CY2017Q4	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	449486000	USD
CY2018Q3	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	497068000	USD
	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	63950000	USD
	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	24000000	USD
	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	4663000	USD
	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	22800000	USD
CY2017Q3	us-gaap	Revenues Revenues	6564000	USD
	us-gaap	Revenues Revenues	18310000	USD
CY2018Q3	us-gaap	Revenues Revenues	8017000	USD
	us-gaap	Revenues Revenues	28657000	USD
CY2018Q1	us-gaap	Sale Of Stock Price Per Share SaleOfStockPricePerShare	12.15
CY2017Q4	us-gaap	Secured Long Term Debt SecuredLongTermDebt	291002000	USD
CY2018Q3	us-gaap	Secured Long Term Debt SecuredLongTermDebt	316142000	USD
CY2017Q4	us-gaap	Shares Subject To Mandatory Redemption Settlement Terms Amount SharesSubjectToMandatoryRedemptionSettlementTermsAmount	27890000	USD
CY2018Q3	us-gaap	Shares Subject To Mandatory Redemption Settlement Terms Amount SharesSubjectToMandatoryRedemptionSettlementTermsAmount	28066000	USD
	us-gaap	Stock Issued During Period Value Acquisitions StockIssuedDuringPeriodValueAcquisitions	0	USD
	us-gaap	Stock Redeemed Or Called During Period Value StockRedeemedOrCalledDuringPeriodValue	2270000	USD
	us-gaap	Stock Redeemed Or Called During Period Value StockRedeemedOrCalledDuringPeriodValue	523000	USD
CY2017Q4	us-gaap	Stockholders Equity StockholdersEquity	109917000	USD
CY2018Q3	us-gaap	Stockholders Equity StockholdersEquity	141654000	USD
CY2016Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	87777000	USD
CY2017Q3	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	118986000	USD
CY2017Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	117951000	USD
CY2018Q3	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	147200000	USD
CY2018Q3	us-gaap	Tenant Improvements TenantImprovements	2300000	USD
CY2017Q3	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	12271925	shares
	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	11512968	shares
CY2018Q3	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	16057957	shares
	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	15181760	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:20px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Reclassifications</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On the accompanying 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, 2018</font><font style="font-family:inherit;font-size:10pt;">, certain property-specific costs have been reclassified from general and administrative expenses to property operating expenses, and acquisition-related expenses have been reclassified to be included within general and administrative expenses.</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:20px;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
0001495240-18-000020-index-headers.html	Edgar Link	pending
0001495240-18-000020-index.html	Edgar Link	pending
0001495240-18-000020.txt	Edgar Link	pending
0001495240-18-000020-xbrl.zip	Edgar Link	pending
ex311_093018.htm	Edgar Link	pending
ex312_093018.htm	Edgar Link	pending
ex321_093018.htm	Edgar Link	pending
ex322_093018.htm	Edgar Link	pending
ex991_093018.htm	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
land-20180930.xml	Edgar Link	completed
land-20180930.xsd	Edgar Link	pending
land-20180930_cal.xml	Edgar Link	unprocessable
land-20180930_def.xml	Edgar Link	unprocessable
land-20180930_lab.xml	Edgar Link	unprocessable
land-20180930_pre.xml	Edgar Link	unprocessable
land_093018x10qdocument.htm	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
R14.htm	Edgar Link	pending
R15.htm	Edgar Link	pending
R16.htm	Edgar Link	pending
R17.htm	Edgar Link	pending
R18.htm	Edgar Link	pending
R19.htm	Edgar Link	pending
R2.htm	Edgar Link	pending
R20.htm	Edgar Link	pending
R21.htm	Edgar Link	pending
R22.htm	Edgar Link	pending
R23.htm	Edgar Link	pending
R24.htm	Edgar Link	pending
R25.htm	Edgar Link	pending
R26.htm	Edgar Link	pending
R27.htm	Edgar Link	pending
R28.htm	Edgar Link	pending
R29.htm	Edgar Link	pending
R3.htm	Edgar Link	pending
R30.htm	Edgar Link	pending
R31.htm	Edgar Link	pending
R32.htm	Edgar Link	pending
R33.htm	Edgar Link	pending
R34.htm	Edgar Link	pending
R35.htm	Edgar Link	pending
R36.htm	Edgar Link	pending
R37.htm	Edgar Link	pending
R38.htm	Edgar Link	pending
R39.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
R40.htm	Edgar Link	pending
R41.htm	Edgar Link	pending
R42.htm	Edgar Link	pending
R43.htm	Edgar Link	pending
R44.htm	Edgar Link	pending
R45.htm	Edgar Link	pending
R46.htm	Edgar Link	pending
R47.htm	Edgar Link	pending
R48.htm	Edgar Link	pending
R49.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
R50.htm	Edgar Link	pending
R51.htm	Edgar Link	pending
R52.htm	Edgar Link	pending
R53.htm	Edgar Link	pending
R54.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending

Create your account

Find Stocks Worth Researching

Deeply Understand Businesses

Value Businesses Intelligently

$LAND
GLADSTONE LAND Corp Stock $land

2018 Q4 Form 10-Q Financial Statement

#000149524018000020 Filed on November 08, 2018

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$LAND GLADSTONE LAND Corp Stock $land

2018 Q4 Form 10-Q Financial Statement

#000149524018000020 Filed on November 08, 2018

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$LAND
GLADSTONE LAND Corp Stock $land