$LAND
Gladstone Land Corp Stock $land

$land Overview Financials Valuation SEC Filings Company Website

2019 Q1 Form 10-K Financial Statement

#000149524019000004 Filed on February 26, 2019

Income Statement

Concept	2019 Q1	2018 Q4	2018
Revenue	$7.830M	$8.031M	$36.69M
YoY Change	-15.31%	17.89%	46.04%
Cost Of Revenue	$1.710M	$1.400M	$4.880M
YoY Change	-27.51%	38.61%	52.02%
Gross Profit	$6.120M	$6.630M	$31.81M
YoY Change	-11.12%	14.31%	45.12%
Gross Profit Margin	78.16%	82.56%	86.71%
Selling, General & Admin	$870.0K	$590.0K	$3.650M
YoY Change	26.09%	-13.24%	13.0%
% of Gross Profit	14.22%	8.9%	11.47%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$2.597M	$2.570M	$9.375M
YoY Change	18.64%	21.23%	29.54%
% of Gross Profit	42.43%	38.76%	29.47%
Operating Expenses	$4.605M	$3.120M	$24.58M
YoY Change	-28.7%	11.83%	78.78%
Operating Profit	$1.515M	$3.510M	$7.235M
YoY Change	-45.62%	16.61%	-36.4%
Interest Expense	$3.453M	-$3.860M	$12.13M
YoY Change	21.93%	19.14%	24.26%
% of Operating Profit	227.92%	-109.97%	167.66%
Other Income/Expense, Net	-$3.117M	-$4.593M	-$9.346M
YoY Change	0.42%	45.26%	-18.09%
Pretax Income	$110.0K	-$1.080M	$2.770M
YoY Change	-134.38%	390.91%	-9333.33%
Income Tax
% Of Pretax Income
Net Earnings	$105.0K	-$1.015M	$2.629M
YoY Change	-135.35%	437.04%	-8580.65%
Net Earnings / Revenue	1.34%	-12.64%	7.17%
Basic Earnings Per Share
Diluted Earnings Per Share	$6.101K	-$61.32K	$169.7K
COMMON SHARES
Basic Shares Outstanding	18.06M shares	16.07M shares
Diluted Shares Outstanding

Balance Sheet

Concept	2019 Q1	2018 Q4	2018
SHORT-TERM ASSETS
Cash & Short-Term Investments	$23.10M	$14.70M	$14.70M
YoY Change	755.56%	406.9%	406.9%
Cash & Equivalents	$23.11M	$14.73M	$14.70M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory		$0.00	$0.00
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets	$23.10M	$14.70M	$14.70M
YoY Change	381.25%	234.09%	234.09%
LONG-TERM ASSETS
Property, Plant & Equipment	$541.7M	$539.0M	$539.0M
YoY Change	18.04%	19.91%	19.91%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets	$552.8M	$550.4M	$550.4M
YoY Change	18.1%	20.21%	20.2%
TOTAL ASSETS
Total Short-Term Assets	$23.10M	$14.70M	$14.70M
Total Long-Term Assets	$552.8M	$550.4M	$550.4M
Total Assets	$575.9M	$565.1M	$565.1M
YoY Change	21.79%	22.25%	22.24%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$6.700M	$9.200M	$9.200M
YoY Change	-22.09%	24.32%	24.32%
Accrued Expenses	$200.0K
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	$7.600M	$10.10M	$10.10M
YoY Change	-20.83%	21.69%	21.69%
LONG-TERM LIABILITIES
Long-Term Debt	$362.1M	$364.0M	$364.0M
YoY Change	12.84%	10.67%	10.67%
Other Long-Term Liabilities	$11.50M	$10.00M	$10.00M
YoY Change	9.52%	40.85%	40.85%
Total Long-Term Liabilities	$373.6M	$374.0M	$374.0M
YoY Change	12.73%	11.31%	11.31%
TOTAL LIABILITIES
Total Short-Term Liabilities	$7.600M	$10.10M	$10.10M
Total Long-Term Liabilities	$373.6M	$374.0M	$374.0M
Total Liabilities	$381.2M	$384.1M	$388.9M
YoY Change	11.8%	11.54%	10.36%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock	$223.5M	$202.1M
YoY Change	53.08%	55.78%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$194.8M	$176.2M	$176.2M
YoY Change
Total Liabilities & Shareholders Equity	$575.9M	$565.1M	$565.1M
YoY Change	21.79%	22.25%	22.24%

Cashflow Statement

Concept	2019 Q1	2018 Q4	2018
OPERATING ACTIVITIES
Net Income	$105.0K	-$1.015M	$2.629M
YoY Change	-135.35%	437.04%	-8580.65%
Depreciation, Depletion And Amortization	$2.597M	$2.570M	$9.375M
YoY Change	18.64%	21.23%	29.54%
Cash From Operating Activities	$2.432M	$2.370M	$10.41M
YoY Change	-11.6%	-306.09%	59.75%
INVESTING ACTIVITIES
Capital Expenditures	-$5.370M	-$45.42M	-$94.04M
YoY Change	-43.53%	426.3%	-29.32%
Acquisitions
YoY Change
Other Investing Activities	-$350.0K	$200.0K	$230.0K
YoY Change	-275.0%	-95.32%	-93.24%
Cash From Investing Activities	-$5.717M	-$45.22M	-$93.81M
YoY Change	-38.59%	937.16%	-27.64%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	$11.66M	54.65M	$95.19M
YoY Change	85.13%	1065.25%	-23.0%
NET CHANGE
Cash From Operating Activities	$2.432M	2.370M	$10.41M
Cash From Investing Activities	-$5.717M	-45.22M	-$93.81M
Cash From Financing Activities	$11.66M	54.65M	$95.19M
Net Change In Cash	$8.378M	11.80M	$11.79M
YoY Change	-3334.75%	-1539.02%	2258.4%
FREE CASH FLOW
Cash From Operating Activities	$2.432M	$2.370M	$10.41M
Capital Expenditures	-$5.370M	-$45.42M	-$94.04M
Free Cash Flow	$7.802M	$47.79M	$104.4M
YoY Change	-36.37%	538.9%	-25.16%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2018	dei	Amendment Flag AmendmentFlag	false
CY2018	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2018	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q4
CY2018	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2018
CY2018	dei	Document Period End Date DocumentPeriodEndDate	2018-12-31
CY2018	dei	Document Type DocumentType	10-K
CY2018	dei	Entity Central Index Key EntityCentralIndexKey	0001495240
CY2019Q1	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	18059419	shares
CY2018	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2018	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
CY2018	dei	Entity Filer Category EntityFilerCategory	Accelerated Filer
CY2018Q2	dei	Entity Public Float EntityPublicFloat	174600000	USD
CY2018	dei	Entity Registrant Name EntityRegistrantName	GLADSTONE LAND Corp
CY2018	dei	Entity Shell Company EntityShellCompany	false
CY2018	dei	Entity Small Business EntitySmallBusiness	true
CY2018	dei	Entity Voluntary Filers EntityVoluntaryFilers	No
CY2018	dei	Entity Well Known Seasoned Issuer EntityWellKnownSeasonedIssuer	No
CY2018	dei	Trading Symbol TradingSymbol	LAND
CY2017	land	Additions To Real Estate Included In Accounts Payable And Accrued Expenses And Contingent Consideration Owed AdditionsToRealEstateIncludedInAccountsPayableAndAccruedExpensesAndContingentConsiderationOwed	2641000	USD
CY2018	land	Additions To Real Estate Included In Accounts Payable And Accrued Expenses And Contingent Consideration Owed AdditionsToRealEstateIncludedInAccountsPayableAndAccruedExpensesAndContingentConsiderationOwed	2090000	USD
CY2017	land	Administration Fee AdministrationFee	914000	USD
CY2018	land	Administration Fee AdministrationFee	1275000	USD
CY2017Q4	land	Administrative Fee Due To Administrator AdministrativeFeeDueToAdministrator	258000	USD
CY2018Q4	land	Administrative Fee Due To Administrator AdministrativeFeeDueToAdministrator	340000	USD
CY2017Q4	land	Agricultural Related Inventory Overhead Costs AgriculturalRelatedInventoryOverheadCosts	193000	USD
CY2017	land	Amortization Of Above Market Lease AmortizationOfAboveMarketLease	10000	USD
CY2018	land	Amortization Of Above Market Lease AmortizationOfAboveMarketLease	13000	USD
CY2017	land	Amortization Of Deferred Rent Asset And Liability Net AmortizationOfDeferredRentAssetAndLiabilityNet	-278000	USD
CY2018	land	Amortization Of Deferred Rent Asset And Liability Net AmortizationOfDeferredRentAssetAndLiabilityNet	-398000	USD
CY2017Q2	land	Amount To Be Paid To Adviser In Percentage Of Pre Incentive Fee Condition One AmountToBePaidToAdviserInPercentageOfPreIncentiveFeeConditionOne	1.00
CY2018	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 Two AmountToBePaidToAdviserInPercentageOfPreIncentiveFeeConditionTwo	0.20
CY2018	land	Amount To Be Paid To Adviser In Percentage Of Pre Incentive Fee Condition Two AmountToBePaidToAdviserInPercentageOfPreIncentiveFeeConditionTwo	0.20
CY2017Q2	land	Annualized Incentive Fee Per Advisory Agreement AnnualizedIncentiveFeePerAdvisoryAgreement	0.070
CY2018	land	Annualized Incentive Fee Per Advisory Agreement AnnualizedIncentiveFeePerAdvisoryAgreement	0.07
CY2018	land	Base Management Fee Waiver Credit Grantedby Related Party BaseManagementFeeWaiverCreditGrantedbyRelatedParty	46000	USD
CY2017	land	Capital Gains Fee CapitalGainsFee	0	USD
CY2018	land	Capital Gains Fee CapitalGainsFee	628000	USD
CY2017Q4	land	Capital Gains Fee Dueto Advisor CapitalGainsFeeDuetoAdvisor	0	USD
CY2018Q4	land	Capital Gains Fee Dueto Advisor CapitalGainsFeeDuetoAdvisor	-150000	USD
CY2018Q4	land	Capital Gains Fee Reduction Of Fee Due To Capital Losses CapitalGainsFeeReductionOfFeeDueToCapitalLosses	150000	USD
CY2018	land	Capital Gains Fee Waiver Credit Grantedby Related Party CapitalGainsFeeWaiverCreditGrantedbyRelatedParty	778000	USD
CY2018Q4	land	Capital Leases Future Minimum Payments Duein Six Years CapitalLeasesFutureMinimumPaymentsDueinSixYears	30000	USD
CY2017	land	Common Stock Offering And Operating Partnership Unit Issuance Costs Included In Accounts Payable And Accrued Expenses CommonStockOfferingAndOperatingPartnershipUnitIssuanceCostsIncludedInAccountsPayableAndAccruedExpenses	149000	USD
CY2018	land	Common Stock Offering And Operating Partnership Unit Issuance Costs Included In Accounts Payable And Accrued Expenses CommonStockOfferingAndOperatingPartnershipUnitIssuanceCostsIncludedInAccountsPayableAndAccruedExpenses	158000	USD
CY2017	land	Credits To Fees From Adviser CreditsToFeesFromAdviser	54000	USD
CY2018	land	Credits To Fees From Adviser CreditsToFeesFromAdviser	1014000	USD
CY2017Q4	land	Creditto Fees Dueto Advisor CredittoFeesDuetoAdvisor	0	USD
CY2018Q4	land	Creditto Fees Dueto Advisor CredittoFeesDuetoAdvisor	44000	USD
CY2017Q3	land	Debt Instrument Weighted Average Interest Rate DebtInstrumentWeightedAverageInterestRate	0.0370
CY2017	land	Debt Instrument Weighted Average Interest Rate DebtInstrumentWeightedAverageInterestRate	0.0331
CY2017Q4	land	Due To From Adviser DueToFromAdviser	682000	USD
CY2018Q4	land	Due To From Adviser DueToFromAdviser	605000	USD
CY2017	land	Escrow Proceeds From Asset Sale EscrowProceedsFromAssetSale	0	USD
CY2018	land	Escrow Proceeds From Asset Sale EscrowProceedsFromAssetSale	20500000	USD
CY2018	land	Estimated Net Increase Decrease In Rental Revenue EstimatedNetIncreaseDecreaseInRentalRevenue	607000	USD
CY2018	land	Estimated Net Increase Decrease In Rental Revenue Current EstimatedNetIncreaseDecreaseInRentalRevenueCurrent	113000	USD
CY2018	land	Estimated Net Increase Decrease In Rental Revenue In Five Years EstimatedNetIncreaseDecreaseInRentalRevenueInFiveYears	30000	USD
CY2018	land	Estimated Net Increase Decrease In Rental Revenue In Four Years EstimatedNetIncreaseDecreaseInRentalRevenueInFourYears	33000	USD
CY2018	land	Financing Fees Included In Accounts Payable And Accrued Liabilities FinancingFeesIncludedInAccountsPayableAndAccruedLiabilities	30000	USD
CY2017	land	Gain Loss On Business Interruption Insurance Recovery GainLossOnBusinessInterruptionInsuranceRecovery	0	USD
CY2018	land	Estimated Net Increase Decrease In Rental Revenue In Three Years EstimatedNetIncreaseDecreaseInRentalRevenueInThreeYears	32000	USD
CY2018	land	Estimated Net Increase Decrease In Rental Revenue In Two Years EstimatedNetIncreaseDecreaseInRentalRevenueInTwoYears	27000	USD
CY2018	land	Estimated Net Increase Decrease In Rental Revenue Thereafter EstimatedNetIncreaseDecreaseInRentalRevenueThereafter	372000	USD
CY2018Q4	land	Farmable Area Of Land FarmableAreaOfLand	57744	acre
CY2017Q4	land	Fee Due To Administrator FeeDueToAdministrator	258000	USD
CY2018Q4	land	Fee Due To Administrator FeeDueToAdministrator	340000	USD
CY2017	land	Finance Lease Cost FinanceLeaseCost	31000	USD
CY2018	land	Finance Lease Cost FinanceLeaseCost	48000	USD
CY2017	land	Financing Fee FinancingFee	36000	USD
CY2018	land	Financing Fee FinancingFee	83000	USD
CY2017	land	Financing Fees Included In Accounts Payable And Accrued Liabilities FinancingFeesIncludedInAccountsPayableAndAccruedLiabilities	15000	USD
CY2018	land	Gain Loss On Business Interruption Insurance Recovery GainLossOnBusinessInterruptionInsuranceRecovery	-194000	USD
CY2017Q2	land	Incentive Fee Per Advisory Agreement IncentiveFeePerAdvisoryAgreement	0.0175
CY2018	land	Incentive Fee Per Advisory Agreement IncentiveFeePerAdvisoryAgreement	0.0175
CY2017Q4	land	Irrigation Equipment System IrrigationEquipmentSystem	50282000	USD
CY2018Q4	land	Irrigation Equipment System IrrigationEquipmentSystem	71583000	USD
CY2017	land	Loss On Disposal Of Real Estate Asset Included In Accounts Payable Accrued Expenses And Due To Related Parties LossOnDisposalOfRealEstateAssetIncludedInAccountsPayableAccruedExpensesAndDueToRelatedParties	39000	USD
CY2018	land	Loss On Disposal Of Real Estate Asset Included In Accounts Payable Accrued Expenses And Due To Related Parties LossOnDisposalOfRealEstateAssetIncludedInAccountsPayableAccruedExpensesAndDueToRelatedParties	0	USD
CY2017Q4	land	Management Fee Due To Advisor ManagementFeeDueToAdvisor	666000	USD
CY2018Q4	land	Management Fee Due To Advisor ManagementFeeDueToAdvisor	736000	USD
CY2017	land	Management Feesand Financing Fees ManagementFeesandFinancingFees	36000	USD
CY2018	land	Management Feesand Financing Fees ManagementFeesandFinancingFees	2407000	USD
CY2017Q2	land	Maximum Annual Percentage Of Stockholders Equity To Pay Full Pre Incentive Fee To Adviser MaximumAnnualPercentageOfStockholdersEquityToPayFullPreIncentiveFeeToAdviser	0.0875
CY2018	land	Maximum Annual Percentage Of Stockholders Equity To Pay Full Pre Incentive Fee To Adviser MaximumAnnualPercentageOfStockholdersEquityToPayFullPreIncentiveFeeToAdviser	0.0875
CY2017Q2	land	Maximum Number Of Securities Can Be Sold Under Shelf Registration Statement MaximumNumberOfSecuritiesCanBeSoldUnderShelfRegistrationStatement	2	security
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
CY2017	land	Number Of Real Estate Farms NumberOfRealEstateFarms	73	farm
CY2018	land	Number Of Real Estate Farms NumberOfRealEstateFarms	85	farm
CY2018	land	Number Of Real Estate Farms NumberOfRealEstateFarms	85	farm
CY2018	land	Numberof Executive Officers That Serve As Directors NumberofExecutiveOfficersThatServeAsDirectors	2	officer
CY2017Q4	land	Numberof Impaired Properties NumberofImpairedProperties	0	property
CY2018Q4	land	Numberof Impaired Properties NumberofImpairedProperties	0	property
CY2018	land	Numberof Tenants Lease Properties NumberofTenantsLeaseProperties	63	tenant
CY2017	land	Operating Expenses Before Credit To Incentive Fee OperatingExpensesBeforeCreditToIncentiveFee	13800000	USD
CY2018	land	Operating Expenses Before Credit To Incentive Fee OperatingExpensesBeforeCreditToIncentiveFee	25589000	USD
CY2017Q1	land	Operating Expenses Net Of Credit To Incentive Fee OperatingExpensesNetOfCreditToIncentiveFee	3146000	USD
CY2017Q2	land	Operating Expenses Net Of Credit To Incentive Fee OperatingExpensesNetOfCreditToIncentiveFee	3090000	USD
CY2017Q3	land	Operating Expenses Net Of Credit To Incentive Fee OperatingExpensesNetOfCreditToIncentiveFee	3645000	USD
CY2017Q4	land	Operating Expenses Net Of Credit To Incentive Fee OperatingExpensesNetOfCreditToIncentiveFee	3865000	USD
CY2018Q1	land	Operating Expenses Net Of Credit To Incentive Fee OperatingExpensesNetOfCreditToIncentiveFee	6459000	USD
CY2018Q2	land	Operating Expenses Net Of Credit To Incentive Fee OperatingExpensesNetOfCreditToIncentiveFee	8922000	USD
CY2018Q3	land	Operating Expenses Net Of Credit To Incentive Fee OperatingExpensesNetOfCreditToIncentiveFee	4672000	USD
CY2018Q4	land	Operating Expenses Net Of Credit To Incentive Fee OperatingExpensesNetOfCreditToIncentiveFee	4522000	USD
CY2017Q4	land	Other Due To Advisor OtherDueToAdvisor	16000	USD
CY2018Q4	land	Other Due To Advisor OtherDueToAdvisor	63000	USD
CY2017	land	Paymentof Management Fees PaymentofManagementFees	0	USD
CY2017	land	Percentage Of Area Of Land PercentageOfAreaOfLand	1
CY2018	land	Percentage Of Area Of Land PercentageOfAreaOfLand	1
CY2017Q2	land	Percentage Of Expected Annual Base Management Fee To Aggregate Stockholders Equity PercentageOfExpectedAnnualBaseManagementFeeToAggregateStockholdersEquity	0.020
CY2018	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
CY2017	land	Percentage Of Rental Revenue PercentageOfRentalRevenue	1
CY2018	land	Percentage Of Rental Revenue PercentageOfRentalRevenue	1
CY2017Q2	land	Percentageof Incentive Feeson Capital Gains PercentageofIncentiveFeesonCapitalGains	0.15
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
CY2018	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
CY2018Q4	land	Prepaid Equipment Costs PrepaidEquipmentCosts	1700000	USD
CY2017	land	Property Operating Expenses PropertyOperatingExpenses	1323000	USD
CY2018	land	Property Operating Expenses PropertyOperatingExpenses	2043000	USD
CY2017	land	Real Estate Additions Included In Other Assets RealEstateAdditionsIncludedInOtherAssets	15000	USD
CY2018	land	Real Estate Additions Included In Other Assets RealEstateAdditionsIncludedInOtherAssets	0	USD
CY2017	land	Real Estate Additions Included In Other Liabilities RealEstateAdditionsIncludedInOtherLiabilities	849000	USD
CY2018	land	Real Estate Additions Included In Other Liabilities RealEstateAdditionsIncludedInOtherLiabilities	0	USD
CY2017Q4	land	Real Estate And Accumulated Depreciation Carrying Amount Of Horticulture RealEstateAndAccumulatedDepreciationCarryingAmountOfHorticulture	34803000	USD
CY2018Q4	land	Real Estate And Accumulated Depreciation Carrying Amount Of Horticulture RealEstateAndAccumulatedDepreciationCarryingAmountOfHorticulture	48894000	USD
CY2018Q4	land	Real Estate And Accumulated Depreciation Carrying Amount Of Land And Improvements RealEstateAndAccumulatedDepreciationCarryingAmountOfLandAndImprovements	417310000	USD
CY2018Q4	land	Real Estate And Accumulated Depreciation Initial Cost Of Horticulture RealEstateAndAccumulatedDepreciationInitialCostOfHorticulture	46189000	USD
CY2018Q4	land	Real Estate And Accumulated Depreciation Initial Cost Of Land And Improvements RealEstateAndAccumulatedDepreciationInitialCostOfLandAndImprovements	415183000	USD
CY2017Q4	land	Real Estate Other Site Improvements RealEstateOtherSiteImprovements	6551000	USD
CY2018Q4	land	Real Estate Other Site Improvements RealEstateOtherSiteImprovements	6707000	USD
CY2017	land	Related Party Transaction Net Incentive Fees Paid And Credits Received RelatedPartyTransactionNetIncentiveFeesPaidAndCreditsReceived	2675000	USD
CY2018	land	Related Party Transaction Net Incentive Fees Paid And Credits Received RelatedPartyTransactionNetIncentiveFeesPaidAndCreditsReceived	2451000	USD
CY2018Q4	land	Sec Schedule Iii Real Estateand Accumulated Depreciation Costs Capitalized Subsequentto Acquisition Horticulture SECScheduleIIIRealEstateandAccumulatedDepreciationCostsCapitalizedSubsequenttoAcquisitionHorticulture	2705000	USD
CY2018Q4	land	Sec Schedule Iii Real Estate And Accumulated Depreciation Costs Capitalized Subsequent To Acquisition Land Improvements And Adjustments SecScheduleIiiRealEstateAndAccumulatedDepreciationCostsCapitalizedSubsequentToAcquisitionLandImprovementsAndAdjustments	2127000	USD
CY2018Q4	land	Sec Schedule Iii Real Estate Investment Property Including Intangible Assets Net SecScheduleIiiRealEstateInvestmentPropertyIncludingIntangibleAssetsNet	541656000	USD
CY2018Q4	land	Sec Schedule Iii Real Estate Investment Property Including Intangible Assets Net SecScheduleIiiRealEstateInvestmentPropertyIncludingIntangibleAssetsNet	541700000	USD
CY2017	land	Stock Issued During Period Value Issuedfor Services Common Stock StockIssuedDuringPeriodValueIssuedforServicesCommonStock	39856000	USD
CY2018	land	Stock Issued During Period Value Issuedfor Services Common Stock StockIssuedDuringPeriodValueIssuedforServicesCommonStock	44337000	USD
CY2018	land	Stock Issued During Period Value Issuedfor Services Preferred Stock StockIssuedDuringPeriodValueIssuedforServicesPreferredStock	25601000	USD
CY2017	land	Stockholders Equity Decreasefrom Distributions StockholdersEquityDecreasefromDistributions	7079000	USD
CY2018	land	Stockholders Equity Decreasefrom Distributions StockholdersEquityDecreasefromDistributions	8700000	USD
CY2017	land	Taxable Income From Taxable Reit Subsidiary TaxableIncomeFromTaxableREITSubsidiary	0	USD
CY2018	land	Taxable Income From Taxable Reit Subsidiary TaxableIncomeFromTaxableREITSubsidiary	0	USD
CY2017	land	Tenant Improvements Depreciationand Rental Revenue TenantImprovementsDepreciationandRentalRevenue	220000	USD
CY2018	land	Tenant Improvements Depreciationand Rental Revenue TenantImprovementsDepreciationandRentalRevenue	334000	USD
CY2017	land	Tenant Recovery Revenue TenantRecoveryRevenue	11000	USD
CY2018	land	Tenant Recovery Revenue TenantRecoveryRevenue	40000	USD
CY2017	land	Weighted Average Number Of Operating Partnership Units Held By Noncontrolling Interest WeightedAverageNumberOfOperatingPartnershipUnitsHeldByNoncontrollingInterest	1358790	shares
CY2018	land	Weighted Average Number Of Operating Partnership Units Held By Noncontrolling Interest WeightedAverageNumberOfOperatingPartnershipUnitsHeldByNoncontrollingInterest	809022	shares
CY2018Q4	srt	Real Estate And Accumulated Depreciation Amount Of Encumbrances RealEstateAndAccumulatedDepreciationAmountOfEncumbrances	338226000	USD
CY2017Q4	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	7398000	USD
CY2018Q4	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	9152000	USD
CY2017Q4	us-gaap	Accumulated Distributions In Excess Of Net Income AccumulatedDistributionsInExcessOfNetIncome	19802000	USD
CY2018Q4	us-gaap	Accumulated Distributions In Excess Of Net Income AccumulatedDistributionsInExcessOfNetIncome	25826000	USD
CY2017	us-gaap	Acquired Finite Lived Intangible Assets Weighted Average Useful Life AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife	P7Y
CY2018	us-gaap	Acquired Finite Lived Intangible Assets Weighted Average Useful Life AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife	P6Y
CY2017Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	129705000	USD
CY2018Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	202053000	USD
CY2017Q4	us-gaap	Agricultural Related Inventory AgriculturalRelatedInventory	1528000	USD
CY2018Q4	us-gaap	Agricultural Related Inventory AgriculturalRelatedInventory	0	USD
CY2018Q4	us-gaap	Agricultural Related Inventory AgriculturalRelatedInventory	0.0	USD
CY2017Q4	us-gaap	Agricultural Related Inventory Growing Crops AgriculturalRelatedInventoryGrowingCrops	1335000	USD
CY2017	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	524000	USD
CY2018	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	582000	USD
CY2018	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	1100000	USD
CY2017Q4	us-gaap	Area Of Real Estate Property AreaOfRealEstateProperty	63014	acre
CY2018Q4	us-gaap	Area Of Real Estate Property AreaOfRealEstateProperty	73205	acre
CY2017Q4	us-gaap	Assets Assets	462278000	USD
CY2018Q4	us-gaap	Assets Assets	565119000	USD
CY2017	us-gaap	Below Market Lease Period Increase Decrease BelowMarketLeasePeriodIncreaseDecrease	63000	USD
CY2018	us-gaap	Below Market Lease Period Increase Decrease BelowMarketLeasePeriodIncreaseDecrease	77000	USD
CY2018Q4	us-gaap	Capital Leases Future Minimum Payments Due CapitalLeasesFutureMinimumPaymentsDue	232000	USD
CY2018Q4	us-gaap	Capital Leases Future Minimum Payments Due In Five Years CapitalLeasesFutureMinimumPaymentsDueInFiveYears	30000	USD
CY2018Q4	us-gaap	Capital Leases Future Minimum Payments Due In Four Years CapitalLeasesFutureMinimumPaymentsDueInFourYears	47000	USD
CY2018Q4	us-gaap	Capital Leases Future Minimum Payments Due In Three Years CapitalLeasesFutureMinimumPaymentsDueInThreeYears	47000	USD
CY2018Q4	us-gaap	Capital Leases Future Minimum Payments Due In Two Years CapitalLeasesFutureMinimumPaymentsDueInTwoYears	47000	USD
CY2018Q4	us-gaap	Capital Leases Future Minimum Payments Due Thereafter CapitalLeasesFutureMinimumPaymentsDueThereafter	31000	USD
CY2016Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	2438000	USD
CY2017Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	2938000	USD
CY2018Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	14730000	USD
CY2017	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	500000	USD
CY2018	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	11792000	USD
CY2017Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2018Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2017	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.5238
CY2018	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.5319
CY2017Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2018Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2017Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	98000000	shares
CY2018Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	91500000	shares
CY2018Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	98000000	shares
CY2018Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	91500000	shares
CY2017Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	13791574	shares
CY2018Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	17891340	shares
CY2018Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	17891340	shares
CY2017Q4	us-gaap	Common Stock Value CommonStockValue	14000	USD
CY2018	us-gaap	Depreciation Depreciation	8200000	USD
CY2017	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	7237000	USD
CY2017Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	13791574	shares
CY2018Q4	us-gaap	Common Stock Value CommonStockValue	18000	USD
CY2017	us-gaap	Depreciation Depreciation	6200000	USD
CY2018	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	9375000	USD
CY2018	us-gaap	Dividends Preferred Stock DividendsPreferredStock	379000	USD
CY2017Q4	us-gaap	Due To Related Parties Current And Noncurrent DueToRelatedPartiesCurrentAndNoncurrent	940000	USD
CY2018Q4	us-gaap	Due To Related Parties Current And Noncurrent DueToRelatedPartiesCurrentAndNoncurrent	945000	USD
CY2017Q1	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	0.01
CY2017Q2	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	0.02
CY2017Q3	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.02
CY2017Q4	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.01
CY2017	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	0.00
CY2018Q1	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.02
CY2018Q2	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.11
CY2018Q3	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	0.35
CY2018Q4	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.07
CY2018	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	0.15
CY2018Q4	us-gaap	Finite Lived Intangible Assets Amortization Expense After Year Five FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive	2784000	USD
CY2018Q4	us-gaap	Finite Lived Intangible Assets Amortization Expense Next Twelve Months FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths	959000	USD
CY2018Q4	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Five FiniteLivedIntangibleAssetsAmortizationExpenseYearFive	299000	USD
CY2018Q4	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Four FiniteLivedIntangibleAssetsAmortizationExpenseYearFour	341000	USD
CY2018Q4	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Three FiniteLivedIntangibleAssetsAmortizationExpenseYearThree	549000	USD
CY2018Q4	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Two FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo	754000	USD
CY2017Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	5492000	USD
CY2018Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	5686000	USD
CY2017	us-gaap	Gain Loss On Disposition Of Real Estate Discontinued Operations GainLossOnDispositionOfRealEstateDiscontinuedOperations	-21000	USD
CY2018	us-gaap	Gain Loss On Disposition Of Real Estate Discontinued Operations GainLossOnDispositionOfRealEstateDiscontinuedOperations	5532000	USD
CY2017	us-gaap	Gains Losses On Sales Of Investment Real Estate GainsLossesOnSalesOfInvestmentRealEstate	-21000	USD
CY2018	us-gaap	Gains Losses On Sales Of Investment Real Estate GainsLossesOnSalesOfInvestmentRealEstate	5532000	USD
CY2017	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	1597000	USD
CY2018	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	1751000	USD
CY2018	us-gaap	Impairment Of Real Estate ImpairmentOfRealEstate	0	USD
CY2017	us-gaap	Incentive Fee Expense IncentiveFeeExpense	688000	USD
CY2018	us-gaap	Incentive Fee Expense IncentiveFeeExpense	0	USD
CY2017	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	1923000	USD
CY2018	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	1942000	USD
CY2017	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	1904000	USD
CY2018	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	3151000	USD
CY2017	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	-1124000	USD
CY2018	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	3383000	USD
CY2017	us-gaap	Interest Expense InterestExpense	9762000	USD
CY2018	us-gaap	Interest Expense InterestExpense	12130000	USD
CY2017	us-gaap	Interest Expense Other InterestExpenseOther	1833000	USD
CY2018	us-gaap	Interest Expense Other InterestExpenseOther	1833000	USD
CY2017	us-gaap	Interest Paid InterestPaid	9582000	USD
CY2017	us-gaap	Inventory Write Down InventoryWriteDown	0	USD
CY2018	us-gaap	Inventory Write Down InventoryWriteDown	1100000	USD
CY2018	us-gaap	Inventory Write Down InventoryWriteDown	1094000	USD
CY2017Q4	us-gaap	Investment Building And Building Improvements InvestmentBuildingAndBuildingImprovements	18191000	USD
CY2018Q4	us-gaap	Long Term Debt LongTermDebt	335888000	USD
CY2017	us-gaap	Management Fee Expense ManagementFeeExpense	2041000	USD
CY2018	us-gaap	Management Fee Expense ManagementFeeExpense	2837000	USD
CY2017	us-gaap	Minority Interest Decrease From Redemptions MinorityInterestDecreaseFromRedemptions	0	USD
CY2018	us-gaap	Minority Interest Decrease From Redemptions MinorityInterestDecreaseFromRedemptions	0	USD
CY2017Q4	us-gaap	Minority Interest In Operating Partnerships MinorityInterestInOperatingPartnerships	8034000	USD
CY2018Q4	us-gaap	Investment Building And Building Improvements InvestmentBuildingAndBuildingImprovements	18510000	USD
CY2017Q4	us-gaap	Land And Land Improvements LandAndLandImprovements	356316000	USD
CY2018Q4	us-gaap	Land And Land Improvements LandAndLandImprovements	417310000	USD
CY2017Q4	us-gaap	Liabilities Liabilities	344327000	USD
CY2018Q4	us-gaap	Liabilities Liabilities	384066000	USD
CY2017Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	462278000	USD
CY2018Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	565119000	USD
CY2017Q4	us-gaap	Line Of Credit LineOfCredit	10000000	USD
CY2018Q4	us-gaap	Line Of Credit LineOfCredit	100000	USD
CY2017Q4	us-gaap	Long Term Debt LongTermDebt	301002000	USD
CY2018Q4	us-gaap	Minority Interest In Operating Partnerships MinorityInterestInOperatingPartnerships	4807000	USD
CY2017	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	123630000	USD
CY2018	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	95193000	USD
CY2017	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-129645000	USD
CY2018	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-93809000	USD
CY2017	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	6515000	USD
CY2018	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	10408000	USD
CY2017Q1	us-gaap	Net Income Loss NetIncomeLoss	152000	USD
CY2017Q2	us-gaap	Net Income Loss NetIncomeLoss	227000	USD
CY2017Q3	us-gaap	Net Income Loss NetIncomeLoss	-221000	USD
CY2017Q4	us-gaap	Net Income Loss NetIncomeLoss	-189000	USD
CY2017	us-gaap	Net Income Loss NetIncomeLoss	-31000	USD
CY2018Q1	us-gaap	Net Income Loss NetIncomeLoss	-297000	USD
CY2018Q2	us-gaap	Net Income Loss NetIncomeLoss	-1742000	USD
CY2018Q3	us-gaap	Net Income Loss NetIncomeLoss	5683000	USD
CY2018Q4	us-gaap	Net Income Loss NetIncomeLoss	-1015000	USD
CY2018	us-gaap	Net Income Loss NetIncomeLoss	2629000	USD
CY2017Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	21000	USD
CY2017Q2	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	28000	USD
CY2017Q3	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-26000	USD
CY2017Q4	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-26000	USD
CY2017	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-3000	USD
CY2018Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-21000	USD
CY2018Q2	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-110000	USD
CY2018Q3	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	337000	USD
CY2018Q4	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-69000	USD
CY2018	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	137000	USD
CY2017	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-31000	USD
CY2018Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-297000	USD
CY2018Q4	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-1301000	USD
CY2018	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	2250000	USD
CY2017Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-2431000	USD
CY2017Q2	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-2651000	USD
CY2017Q3	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-3166000	USD
CY2017Q4	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-3162000	USD
CY2017	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-11410000	USD
CY2018Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-3104000	USD
CY2018Q2	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-4324000	USD
CY2018Q3	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	2675000	USD
CY2018Q4	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-4593000	USD
CY2018	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-9346000	USD
CY2018	us-gaap	Number Of Operating Segments NumberOfOperatingSegments	1	segment
CY2018Q2	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-1745000	USD
CY2018Q3	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	5593000	USD
CY2018	us-gaap	Number Of Reporting Units NumberOfReportingUnits	1	segment
CY2017	us-gaap	Operating Expenses OperatingExpenses	13746000	USD
CY2018	us-gaap	Operating Expenses OperatingExpenses	24575000	USD
CY2018Q4	us-gaap	Operating Leases Future Minimum Payments Due OperatingLeasesFutureMinimumPaymentsDue	177309000	USD
CY2018Q4	us-gaap	Operating Leases Future Minimum Payments Due Current OperatingLeasesFutureMinimumPaymentsDueCurrent	30290000	USD
CY2018Q4	us-gaap	Operating Leases Future Minimum Payments Due In Five Years OperatingLeasesFutureMinimumPaymentsDueInFiveYears	19413000	USD
CY2018Q4	us-gaap	Operating Leases Future Minimum Payments Due In Four Years OperatingLeasesFutureMinimumPaymentsDueInFourYears	19775000	USD
CY2018Q4	us-gaap	Operating Leases Future Minimum Payments Due In Three Years OperatingLeasesFutureMinimumPaymentsDueInThreeYears	20980000	USD
CY2018Q4	us-gaap	Operating Leases Future Minimum Payments Due In Two Years OperatingLeasesFutureMinimumPaymentsDueInTwoYears	26917000	USD
CY2018Q4	us-gaap	Operating Leases Future Minimum Payments Due Thereafter OperatingLeasesFutureMinimumPaymentsDueThereafter	59934000	USD
CY2017	us-gaap	Operating Leases Income Statement Lease Revenue OperatingLeasesIncomeStatementLeaseRevenue	25111000	USD
CY2018	us-gaap	Operating Leases Income Statement Lease Revenue OperatingLeasesIncomeStatementLeaseRevenue	29322000	USD
CY2017	us-gaap	Operating Leases Income Statement Minimum Lease Revenue OperatingLeasesIncomeStatementMinimumLeaseRevenue	24807000	USD
CY2018	us-gaap	Operating Leases Income Statement Minimum Lease Revenue OperatingLeasesIncomeStatementMinimumLeaseRevenue	28112000	USD
CY2017Q4	us-gaap	Other Assets OtherAssets	2834000	USD
CY2018Q4	us-gaap	Other Assets OtherAssets	5750000	USD
CY2017	us-gaap	Other General Expense OtherGeneralExpense	0	USD
CY2018	us-gaap	Other General Expense OtherGeneralExpense	7680000	USD
CY2017Q4	us-gaap	Other Liabilities OtherLiabilities	7097000	USD
CY2018Q4	us-gaap	Other Liabilities OtherLiabilities	9957000	USD
CY2017	us-gaap	Other Nonoperating Income OtherNonoperatingIncome	206000	USD
CY2018	us-gaap	Other Nonoperating Income OtherNonoperatingIncome	373000	USD
CY2017	us-gaap	Other Operating Income OtherOperatingIncome	0	USD
CY2018	us-gaap	Other Operating Income OtherOperatingIncome	7325000	USD
CY2017	us-gaap	Payments For Proceeds From Deposits On Real Estate Acquisitions PaymentsForProceedsFromDepositsOnRealEstateAcquisitions	1115000	USD
CY2018	us-gaap	Payments For Proceeds From Deposits On Real Estate Acquisitions PaymentsForProceedsFromDepositsOnRealEstateAcquisitions	-100000	USD
CY2017	us-gaap	Payments For Repurchase Of Redeemable Preferred Stock PaymentsForRepurchaseOfRedeemablePreferredStock	2569000	USD
CY2018	us-gaap	Payments For Repurchase Of Redeemable Preferred Stock PaymentsForRepurchaseOfRedeemablePreferredStock	523000	USD
CY2017	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	6369000	USD
CY2018	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	8274000	USD
CY2017	us-gaap	Payments Of Dividends Preferred Stock And Preference Stock PaymentsOfDividendsPreferredStockAndPreferenceStock	0	USD
CY2018	us-gaap	Payments Of Dividends Preferred Stock And Preference Stock PaymentsOfDividendsPreferredStockAndPreferenceStock	379000	USD
CY2017Q4	us-gaap	Stockholders Equity StockholdersEquity	109917000	USD
CY2018Q4	us-gaap	Stockholders Equity StockholdersEquity	176246000	USD
CY2016Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	87777000	USD
CY2017	us-gaap	Proceeds From Issuance Or Sale Of Equity ProceedsFromIssuanceOrSaleOfEquity	41907000	USD
CY2018	us-gaap	Proceeds From Issuance Or Sale Of Equity ProceedsFromIssuanceOrSaleOfEquity	74417000	USD
CY2017	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	881000	USD
CY2018	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	675000	USD
CY2017	us-gaap	Payments Of Stock Issuance Costs PaymentsOfStockIssuanceCosts	1977000	USD
CY2018	us-gaap	Payments Of Stock Issuance Costs PaymentsOfStockIssuanceCosts	4186000	USD
CY2017	us-gaap	Payments To Acquire Real Estate PaymentsToAcquireRealEstate	127835000	USD
CY2018	us-gaap	Payments To Acquire Real Estate PaymentsToAcquireRealEstate	71436000	USD
CY2017	us-gaap	Payments To Develop Real Estate Assets PaymentsToDevelopRealEstateAssets	5211000	USD
CY2018	us-gaap	Payments To Develop Real Estate Assets PaymentsToDevelopRealEstateAssets	22605000	USD
CY2017	us-gaap	Payments To Minority Shareholders PaymentsToMinorityShareholders	710000	USD
CY2018	us-gaap	Payments To Minority Shareholders PaymentsToMinorityShareholders	426000	USD
CY2017	us-gaap	Percentage Rent PercentageRent	304000	USD
CY2018	us-gaap	Percentage Rent PercentageRent	1210000	USD
CY2018Q1	us-gaap	Preferred Stock Capital Shares Reserved For Future Issuance PreferredStockCapitalSharesReservedForFutureIssuance	6500000	shares
CY2017	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	0	USD
CY2018Q1	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	0	USD
CY2018Q2	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	3000	USD
CY2018Q3	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	90000	USD
CY2018Q4	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	286000	USD
CY2018Q4	us-gaap	Preferred Stock Liquidation Preference Value PreferredStockLiquidationPreferenceValue	28600000	USD
CY2017Q4	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2018Q4	us-gaap	Preferred Stock Value PreferredStockValue	1000	USD
CY2017	us-gaap	Proceeds From Issuance Of Secured Debt ProceedsFromIssuanceOfSecuredDebt	108685000	USD
CY2018	us-gaap	Proceeds From Issuance Of Secured Debt ProceedsFromIssuanceOfSecuredDebt	68594000	USD
CY2017	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	58400000	USD
CY2018	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	29900000	USD
CY2017	us-gaap	Proceeds From Sale Maturity And Collections Of Investments ProceedsFromSaleMaturityAndCollectionsOfInvestments	682000	USD
CY2018	us-gaap	Proceeds From Sale Maturity And Collections Of Investments ProceedsFromSaleMaturityAndCollectionsOfInvestments	0	USD
CY2017	us-gaap	Proceeds From Sale Of Real Estate ProceedsFromSaleOfRealEstate	3834000	USD
CY2018	us-gaap	Proceeds From Sale Of Real Estate ProceedsFromSaleOfRealEstate	132000	USD
CY2017Q1	us-gaap	Profit Loss ProfitLoss	173000	USD
CY2017Q2	us-gaap	Profit Loss ProfitLoss	255000	USD
CY2017Q3	us-gaap	Profit Loss ProfitLoss	-247000	USD
CY2017Q4	us-gaap	Profit Loss ProfitLoss	-215000	USD
CY2017	us-gaap	Profit Loss ProfitLoss	-34000	USD
CY2018Q1	us-gaap	Profit Loss ProfitLoss	-318000	USD
CY2018Q2	us-gaap	Profit Loss ProfitLoss	-1852000	USD
CY2018Q3	us-gaap	Profit Loss ProfitLoss	6020000	USD
CY2018Q4	us-gaap	Profit Loss ProfitLoss	-1084000	USD
CY2018	us-gaap	Profit Loss ProfitLoss	2766000	USD
CY2018Q4	us-gaap	Property Subject To Or Available For Operating Lease Number Of Units PropertySubjectToOrAvailableForOperatingLeaseNumberOfUnits	2	lease
CY2017	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	150000	USD
CY2018	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	153000	USD
CY2016Q4	us-gaap	Real Estate Accumulated Depreciation RealEstateAccumulatedDepreciation	11066000	USD
CY2017Q4	us-gaap	Real Estate Accumulated Depreciation RealEstateAccumulatedDepreciation	16657000	USD
CY2018Q4	us-gaap	Real Estate Accumulated Depreciation RealEstateAccumulatedDepreciation	24051000	USD
CY2017	us-gaap	Real Estate Accumulated Depreciation Real Estate Sold RealEstateAccumulatedDepreciationRealEstateSold	589000	USD
CY2018	us-gaap	Real Estate Accumulated Depreciation Real Estate Sold RealEstateAccumulatedDepreciationRealEstateSold	836000	USD
CY2018Q4	us-gaap	Real Estate And Accumulated Depreciation Carrying Amount Of Buildings And Improvements RealEstateAndAccumulatedDepreciationCarryingAmountOfBuildingsAndImprovements	96800000	USD
CY2018Q4	us-gaap	Real Estate And Accumulated Depreciation Initial Cost Of Buildings And Improvements RealEstateAndAccumulatedDepreciationInitialCostOfBuildingsAndImprovements	58708000	USD
CY2017	us-gaap	Real Estate Cost Of Real Estate Sold RealEstateCostOfRealEstateSold	4405000	USD
CY2018	us-gaap	Real Estate Cost Of Real Estate Sold RealEstateCostOfRealEstateSold	15621000	USD
CY2016Q4	us-gaap	Real Estate Gross At Carrying Value RealEstateGrossAtCarryingValue	337377000	USD
CY2017Q4	us-gaap	Real Estate Gross At Carrying Value RealEstateGrossAtCarryingValue	466143000	USD
CY2018Q4	us-gaap	Real Estate Gross At Carrying Value RealEstateGrossAtCarryingValue	563004000	USD
CY2017	us-gaap	Real Estate Improvements RealEstateImprovements	3945000	USD
CY2018	us-gaap	Real Estate Improvements RealEstateImprovements	21811000	USD
CY2017Q4	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	16657000	USD
CY2018Q4	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	24051000	USD
CY2017Q4	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	466143000	USD
CY2018Q4	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	563004000	USD
CY2017Q4	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	449486000	USD
CY2018Q4	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	538953000	USD
CY2017	us-gaap	Real Estate Other Acquisitions RealEstateOtherAcquisitions	129226000	USD
CY2018	us-gaap	Real Estate Other Acquisitions RealEstateOtherAcquisitions	90671000	USD
CY2017	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	64950000	USD
CY2018	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	39800000	USD
CY2017	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	7906000	USD
CY2018	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	23455000	USD
CY2017Q4	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	0	USD
CY2018Q4	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	0	USD
CY2017Q1	us-gaap	Revenues Revenues	5750000	USD
CY2017Q2	us-gaap	Revenues Revenues	5996000	USD
CY2017Q3	us-gaap	Revenues Revenues	6564000	USD
CY2017Q4	us-gaap	Revenues Revenues	6812000	USD
CY2017	us-gaap	Revenues Revenues	25122000	USD
CY2018Q1	us-gaap	Revenues Revenues	9245000	USD
CY2018Q2	us-gaap	Revenues Revenues	11394000	USD
CY2018Q3	us-gaap	Revenues Revenues	8017000	USD
CY2018Q4	us-gaap	Revenues Revenues	8031000	USD
CY2018	us-gaap	Revenues Revenues	36687000	USD
CY2017	us-gaap	Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense	6180000	USD
CY2018	us-gaap	Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense	8230000	USD
CY2018Q4	us-gaap	Sec Schedule Iii Real Estate And Accumulated Depreciation Costs Capitalized Subsequent To Acquisition Buildings And Improvements SECScheduleIIIRealEstateAndAccumulatedDepreciationCostsCapitalizedSubsequentToAcquisitionBuildingsAndImprovements	38092000	USD
CY2017Q4	us-gaap	Secured Long Term Debt SecuredLongTermDebt	291002000	USD
CY2018Q4	us-gaap	Secured Long Term Debt SecuredLongTermDebt	335788000	USD
CY2017Q4	us-gaap	Shares Subject To Mandatory Redemption Settlement Terms Amount SharesSubjectToMandatoryRedemptionSettlementTermsAmount	27890000	USD
CY2018Q4	us-gaap	Shares Subject To Mandatory Redemption Settlement Terms Amount SharesSubjectToMandatoryRedemptionSettlementTermsAmount	28124000	USD
CY2017	us-gaap	Stock Issued During Period Value Acquisitions StockIssuedDuringPeriodValueAcquisitions	0	USD
CY2017	us-gaap	Stock Redeemed Or Called During Period Value StockRedeemedOrCalledDuringPeriodValue	2569000	USD
CY2018	us-gaap	Stock Redeemed Or Called During Period Value StockRedeemedOrCalledDuringPeriodValue	523000	USD
CY2017Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	117951000	USD
CY2017	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	12055791	shares
CY2018Q1	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	13957732	shares
CY2018Q2	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	15506512	shares
CY2018Q3	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	16057957	shares
CY2018Q4	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	16457600	shares
CY2018	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	15503341	shares
CY2018Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	181053000	USD
CY2018Q4	us-gaap	Tenant Improvements TenantImprovements	2400000	USD
CY2017Q1	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	10395736	shares
CY2017Q2	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	11850624	shares
CY2017Q3	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	12271925	shares
CY2017Q4	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	13666560	shares
CY2018	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;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;">On the accompanying Consolidated Statements of Operations for the year ended </font><font style="font-family:inherit;font-size:10pt;">December 31, 2017</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. These reclassifications had no impact on previously-reported net income, equity, or net change in cash and cash equivalents.</font></div></div>
CY2018	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 U.S. generally-accepted accounting principles (“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
0001495240-19-000004-index-headers.html	Edgar Link	pending
0001495240-19-000004-index.html	Edgar Link	pending
0001495240-19-000004.txt	Edgar Link	pending
0001495240-19-000004-xbrl.zip	Edgar Link	pending
ex21_123118.htm	Edgar Link	pending
ex23_123118.htm	Edgar Link	pending
ex311_123118.htm	Edgar Link	pending
ex312_123118.htm	Edgar Link	pending
ex321_123118.htm	Edgar Link	pending
ex322_123118.htm	Edgar Link	pending
feegrapha02.jpg	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
land-20181231.xml	Edgar Link	completed
land-20181231.xsd	Edgar Link	pending
land-20181231_cal.xml	Edgar Link	unprocessable
land-20181231_def.xml	Edgar Link	unprocessable
land-20181231_lab.xml	Edgar Link	unprocessable
land-20181231_pre.xml	Edgar Link	unprocessable
land_123118x10kdocument.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
R55.htm	Edgar Link	pending
R56.htm	Edgar Link	pending
R57.htm	Edgar Link	pending
R58.htm	Edgar Link	pending
R59.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R60.htm	Edgar Link	pending
R61.htm	Edgar Link	pending
R62.htm	Edgar Link	pending
R63.htm	Edgar Link	pending
R64.htm	Edgar Link	pending
R65.htm	Edgar Link	pending
R66.htm	Edgar Link	pending
R67.htm	Edgar Link	pending
R68.htm	Edgar Link	pending
R69.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R70.htm	Edgar Link	pending
R71.htm	Edgar Link	pending
R72.htm	Edgar Link	pending
R73.htm	Edgar Link	pending
R74.htm	Edgar Link	pending
R75.htm	Edgar Link	pending
R76.htm	Edgar Link	pending
R77.htm	Edgar Link	pending
R78.htm	Edgar Link	pending
R79.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

2019 Q1 Form 10-K Financial Statement

#000149524019000004 Filed on February 26, 2019

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$LAND Gladstone Land Corp Stock $land

2019 Q1 Form 10-K Financial Statement

#000149524019000004 Filed on February 26, 2019

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$LAND
Gladstone Land Corp Stock $land