$LAND
GLADSTONE LAND Corp Stock $land

$land Overview Financials Valuation SEC Filings Company Website

2019 Q4 Form 10-Q Financial Statement

#000149524019000017 Filed on November 06, 2019

Income Statement

Concept	2019 Q4	2019 Q3	2018 Q3
Revenue	$13.49M	$11.01M	$8.017M
YoY Change	67.97%	37.36%	22.14%
Cost Of Revenue	$1.410M	$1.390M	$1.310M
YoY Change	0.71%	6.11%	67.95%
Gross Profit	$12.08M	$9.630M	$6.710M
YoY Change	82.2%	43.52%	16.09%
Gross Profit Margin	89.55%	87.45%	83.7%
Selling, General & Admin	$1.720M	$770.0K	$1.610M
YoY Change	191.53%	-52.17%	89.41%
% of Gross Profit	14.24%	8.0%	23.99%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$3.840M	$3.419M	$2.374M
YoY Change	49.42%	44.02%	15.75%
% of Gross Profit	31.79%	35.5%	35.38%
Operating Expenses	$5.560M	$5.575M	$4.672M
YoY Change	78.21%	19.33%	28.18%
Operating Profit	$6.520M	$4.055M	$3.345M
YoY Change	85.75%	21.23%	14.59%
Interest Expense	-$5.390M	$4.401M	$3.082M
YoY Change	39.64%	42.8%	17.01%
% of Operating Profit	-82.67%	108.53%	92.14%
Other Income/Expense, Net	$0.00	-$4.914M	$2.675M
YoY Change	-100.0%	-283.7%	-184.49%
Pretax Income	$960.0K	$520.0K	$6.020M
YoY Change	-188.89%	-91.36%	-2508.0%
Income Tax
% Of Pretax Income
Net Earnings	$950.0K	$517.0K	$5.683M
YoY Change	-193.6%	-90.9%	-2671.49%
Net Earnings / Revenue	7.04%	4.69%	70.89%
Basic Earnings Per Share
Diluted Earnings Per Share	$45.35K	$25.05K	$353.7K
COMMON SHARES
Basic Shares Outstanding	20.94M shares	20.81M shares	16.07M shares
Diluted Shares Outstanding

Balance Sheet

Concept	2019 Q4	2019 Q3	2018 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments	$13.70M	$4.000M	$2.900M
YoY Change	-6.8%	37.93%	-23.68%
Cash & Equivalents	$13.69M	$3.992M	$2.929M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory			$0.00
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets	$13.70M	$4.000M	$2.900M
YoY Change	-6.8%	37.93%	-23.68%
LONG-TERM ASSETS
Property, Plant & Equipment	$792.3M	$740.8M	$497.1M
YoY Change	46.99%	49.02%	11.86%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets	$803.1M	$753.0M	$507.0M
YoY Change	45.9%	48.53%	11.98%
TOTAL ASSETS
Total Short-Term Assets	$13.70M	$4.000M	$2.900M
Total Long-Term Assets	$803.1M	$753.0M	$507.0M
Total Assets	$816.8M	$757.0M	$509.9M
YoY Change	44.53%	48.47%	11.68%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$10.10M	$7.000M	$6.400M
YoY Change	9.78%	9.38%	45.45%
Accrued Expenses	$200.0K	$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	$12.50M	$8.400M	$7.400M
YoY Change	23.76%	13.51%	37.04%
LONG-TERM LIABILITIES
Long-Term Debt	$510.3M	$480.4M	$344.3M
YoY Change	40.19%	39.53%	6.53%
Other Long-Term Liabilities	$15.10M	$15.00M	$11.00M
YoY Change	51.0%	36.36%	22.22%
Total Long-Term Liabilities	$525.4M	$495.4M	$355.3M
YoY Change	40.48%	39.43%	6.95%
TOTAL LIABILITIES
Total Short-Term Liabilities	$12.50M	$8.400M	$7.400M
Total Long-Term Liabilities	$525.4M	$495.4M	$355.3M
Total Liabilities	$537.8M	$503.7M	$362.7M
YoY Change	40.03%	38.89%	7.44%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock	$315.8M	$286.6M	$164.0M
YoY Change	56.28%	74.79%	29.24%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$276.6M	$250.9M	$141.7M
YoY Change
Total Liabilities & Shareholders Equity	$816.8M	$757.0M	$509.9M
YoY Change	44.53%	48.47%	11.68%

Cashflow Statement

Concept	2019 Q4	2019 Q3	2018 Q3
OPERATING ACTIVITIES
Net Income	$950.0K	$517.0K	$5.683M
YoY Change	-193.6%	-90.9%	-2671.49%
Depreciation, Depletion And Amortization	$3.840M	$3.419M	$2.374M
YoY Change	49.42%	44.02%	15.75%
Cash From Operating Activities	$7.470M	$9.640M	$3.560M
YoY Change	215.19%	170.79%	19.06%
INVESTING ACTIVITIES
Capital Expenditures	-$52.65M	-$156.1M	-$32.23M
YoY Change	15.92%	384.33%	-19.12%
Acquisitions
YoY Change
Other Investing Activities	-$50.00K	$750.0K	$200.0K
YoY Change	-125.0%	275.0%	-166.67%
Cash From Investing Activities	-$52.70M	-$155.4M	-$32.03M
YoY Change	16.54%	385.01%	-20.22%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	54.93M	121.0M	28.82M
YoY Change	0.51%	319.81%	-24.46%
NET CHANGE
Cash From Operating Activities	7.470M	9.640M	3.560M
Cash From Investing Activities	-52.70M	-155.4M	-32.03M
Cash From Financing Activities	54.93M	121.0M	28.82M
Net Change In Cash	9.700M	-24.72M	350.0K
YoY Change	-17.8%	-7162.86%	-64.65%
FREE CASH FLOW
Cash From Operating Activities	$7.470M	$9.640M	$3.560M
Capital Expenditures	-$52.65M	-$156.1M	-$32.23M
Free Cash Flow	$60.12M	$165.7M	$35.79M
YoY Change	25.8%	363.09%	-16.46%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
	land	Amortization Of Above Market Lease AmortizationOfAboveMarketLease	97000	USD
CY2019Q3	land	Amortization Of Above Market Lease AmortizationOfAboveMarketLease	31000	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	2019
	dei	Document Period End Date DocumentPeriodEndDate	2019-09-30
	dei	Document Type DocumentType	10-Q
	dei	Entity Central Index Key EntityCentralIndexKey	0001495240
CY2019Q4	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	20936658	shares
	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
	dei	Entity Filer Category EntityFilerCategory	Accelerated Filer
	dei	Entity Registrant Name EntityRegistrantName	GLADSTONE LAND Corp
	dei	Entity Shell Company EntityShellCompany	false
	dei	Entity Small Business EntitySmallBusiness	true
	land	Additions To Real Estate Included In Accounts Payable And Accrued Expenses And Contingent Consideration Owed AdditionsToRealEstateIncludedInAccountsPayableAndAccruedExpensesAndContingentConsiderationOwed	2656000	USD
	land	Additions To Real Estate Included In Accounts Payable And Accrued Expenses And Contingent Consideration Owed AdditionsToRealEstateIncludedInAccountsPayableAndAccruedExpensesAndContingentConsiderationOwed	1397000	USD
CY2018Q3	land	Administration Fee AdministrationFee	387000	USD
	land	Administration Fee AdministrationFee	935000	USD
CY2019Q3	land	Administration Fee AdministrationFee	311000	USD
	land	Administration Fee AdministrationFee	866000	USD
CY2018Q4	land	Administrative Fee Due To Administrator AdministrativeFeeDueToAdministrator	340000	USD
CY2019Q3	land	Administrative Fee Due To Administrator AdministrativeFeeDueToAdministrator	311000	USD
CY2018Q3	land	Amortization Of Above Market Lease AmortizationOfAboveMarketLease	2000	USD
	land	Amortization Of Above Market Lease AmortizationOfAboveMarketLease	5000	USD
	land	Amortization Of Deferred Rent Asset And Liability Net AmortizationOfDeferredRentAssetAndLiabilityNet	-272000	USD
	land	Amortization Of Deferred Rent Asset And Liability Net AmortizationOfDeferredRentAssetAndLiabilityNet	-244000	USD
	land	Amount To Be Paid To Adviser In Percentage Of Pre Incentive Fee Condition One AmountToBePaidToAdviserInPercentageOfPreIncentiveFeeConditionOne	1
	land	Amount To Be Paid To Adviser In Percentage Of Pre Incentive Fee Condition Two AmountToBePaidToAdviserInPercentageOfPreIncentiveFeeConditionTwo	0.2
	land	Annualized Incentive Fee Per Advisory Agreement AnnualizedIncentiveFeePerAdvisoryAgreement	0.07
CY2018Q3	land	Capital Gains Fee CapitalGainsFee	778000	USD
	land	Capital Gains Fee CapitalGainsFee	778000	USD
CY2019Q3	land	Capital Gains Fee CapitalGainsFee	0	USD
	land	Capital Gains Fee CapitalGainsFee	0	USD
CY2018Q4	land	Capital Gains Fee Dueto Advisor CapitalGainsFeeDuetoAdvisor	-150000	USD
CY2019Q3	land	Capital Gains Fee Dueto Advisor CapitalGainsFeeDuetoAdvisor	0	USD
	land	Common Stock Offering And Operating Partnership Unit Issuance Costs Included In Accounts Payable And Accrued Expenses CommonStockOfferingAndOperatingPartnershipUnitIssuanceCostsIncludedInAccountsPayableAndAccruedExpenses	100000	USD
	land	Common Stock Offering And Operating Partnership Unit Issuance Costs Included In Accounts Payable And Accrued Expenses CommonStockOfferingAndOperatingPartnershipUnitIssuanceCostsIncludedInAccountsPayableAndAccruedExpenses	35000	USD
CY2018Q3	land	Credits To Fees From Adviser CreditsToFeesFromAdviser	796000	USD
	land	Credits To Fees From Adviser CreditsToFeesFromAdviser	970000	USD
	land	Financing Fee FinancingFee	59000	USD
	land	Weighted Average Number Of Operating Partnership Units Held By Noncontrolling Interest WeightedAverageNumberOfOperatingPartnershipUnitsHeldByNoncontrollingInterest	857041	shares
	us-gaap	Payments For Repurchase Of Preferred Stock And Preference Stock PaymentsForRepurchaseOfPreferredStockAndPreferenceStock	0	USD
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	1350000	USD
	us-gaap	Payments For Repurchase Of Preferred Stock And Preference Stock PaymentsForRepurchaseOfPreferredStockAndPreferenceStock	213000	USD
	us-gaap	Payments For Repurchase Of Redeemable Preferred Stock PaymentsForRepurchaseOfRedeemablePreferredStock	523000	USD
	us-gaap	Payments For Repurchase Of Redeemable Preferred Stock PaymentsForRepurchaseOfRedeemablePreferredStock	0	USD
	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	6054000	USD
	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	7658000	USD
	us-gaap	Payments Of Dividends Preferred Stock And Preference Stock PaymentsOfDividendsPreferredStockAndPreferenceStock	43000	USD
	us-gaap	Payments Of Dividends Preferred Stock And Preference Stock PaymentsOfDividendsPreferredStockAndPreferenceStock	2222000	USD
	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	525000	USD
	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	738000	USD
	us-gaap	Payments Of Stock Issuance Costs PaymentsOfStockIssuanceCosts	1894000	USD
	us-gaap	Payments Of Stock Issuance Costs PaymentsOfStockIssuanceCosts	6551000	USD
CY2019Q3	land	Credits To Fees From Adviser CreditsToFeesFromAdviser	0	USD
	land	Credits To Fees From Adviser CreditsToFeesFromAdviser	1542000	USD
CY2018Q3	land	Operating Expenses Before Credit To Incentive Fee OperatingExpensesBeforeCreditToIncentiveFee	5468000	USD
	land	Operating Expenses Before Credit To Incentive Fee OperatingExpensesBeforeCreditToIncentiveFee	21024000	USD
CY2018Q4	land	Creditto Fees Dueto Advisor CredittoFeesDuetoAdvisor	44000	USD
CY2018Q3	land	Finance Lease Cost FinanceLeaseCost	12000	USD
	land	Finance Lease Cost FinanceLeaseCost	36000	USD
CY2019Q3	land	Finance Lease Cost FinanceLeaseCost	12000	USD
	land	Finance Lease Cost FinanceLeaseCost	39000	USD
CY2018Q3	land	Financing Fee FinancingFee	57000	USD
CY2019Q3	land	Creditto Fees Dueto Advisor CredittoFeesDuetoAdvisor	0	USD
	land	Debt Instrument Weighted Average Interest Rate DebtInstrumentWeightedAverageInterestRate	0.0393
CY2018Q4	land	Due To From Adviser DueToFromAdviser	605000	USD
CY2019Q3	land	Due To From Adviser DueToFromAdviser	883000	USD
CY2019Q3	land	Farmable Area Of Land FarmableAreaOfLand	65244	acre
CY2018Q4	land	Fee Due To Administrator FeeDueToAdministrator	340000	USD
CY2019Q3	land	Fee Due To Administrator FeeDueToAdministrator	311000	USD
CY2019Q3	land	Financing Fee FinancingFee	160000	USD
	land	Financing Fee FinancingFee	188000	USD
	land	Financing Fees Included In Accounts Payable And Accrued Liabilities FinancingFeesIncludedInAccountsPayableAndAccruedLiabilities	0	USD
	land	Financing Fees Included In Accounts Payable And Accrued Liabilities FinancingFeesIncludedInAccountsPayableAndAccruedLiabilities	14000	USD
CY2018Q3	land	Gain Loss On Business Interruption Insurance Recovery GainLossOnBusinessInterruptionInsuranceRecovery	0	USD
	land	Gain Loss On Business Interruption Insurance Recovery GainLossOnBusinessInterruptionInsuranceRecovery	-129000	USD
CY2019Q3	land	Gain Loss On Business Interruption Insurance Recovery GainLossOnBusinessInterruptionInsuranceRecovery	17000	USD
	land	Gain Loss On Business Interruption Insurance Recovery GainLossOnBusinessInterruptionInsuranceRecovery	10000	USD
	land	Incentive Fee Per Advisory Agreement IncentiveFeePerAdvisoryAgreement	0.0175
CY2018Q4	land	Irrigation Equipment System IrrigationEquipmentSystem	71583000	USD
CY2019Q3	land	Irrigation Equipment System IrrigationEquipmentSystem	96913000	USD
	land	Loss On Disposal Of Real Estate Asset Included In Accounts Payable Accrued Expenses And Due To Related Parties LossOnDisposalOfRealEstateAssetIncludedInAccountsPayableAccruedExpensesAndDueToRelatedParties	87000	USD
	land	Loss On Disposal Of Real Estate Asset Included In Accounts Payable Accrued Expenses And Due To Related Parties LossOnDisposalOfRealEstateAssetIncludedInAccountsPayableAccruedExpensesAndDueToRelatedParties	119000	USD
CY2018Q4	land	Management Fee Due To Advisor ManagementFeeDueToAdvisor	736000	USD
CY2019Q3	land	Management Fee Due To Advisor ManagementFeeDueToAdvisor	862000	USD
CY2018Q3	land	Management Feesand Financing Fees ManagementFeesandFinancingFees	947000	USD
	land	Management Feesand Financing Fees ManagementFeesandFinancingFees	999000	USD
CY2019Q3	land	Management Feesand Financing Fees ManagementFeesandFinancingFees	1817000	USD
	land	Management Feesand Financing Fees ManagementFeesandFinancingFees	4969000	USD
	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
	land	Noncashor Part Noncash Acquisition Lender Holdbackon Loan Issuance NoncashorPartNoncashAcquisitionLenderHoldbackonLoanIssuance	0	USD
	land	Noncashor Part Noncash Acquisition Lender Holdbackon Loan Issuance NoncashorPartNoncashAcquisitionLenderHoldbackonLoanIssuance	498000	USD
	land	Noncashor Part Noncash Divestitures Noncontrolling Interestin Operating Partnerships NoncashorPartNoncashDivestituresNoncontrollingInterestinOperatingPartnerships	3290000	USD
CY2018Q3	land	Noncontrolling Interest Increase Decrease From Changes In Ownership Of Subsidiary NoncontrollingInterestIncreaseDecreaseFromChangesInOwnershipOfSubsidiary	0	USD
	land	Noncontrolling Interest Increase Decrease From Changes In Ownership Of Subsidiary NoncontrollingInterestIncreaseDecreaseFromChangesInOwnershipOfSubsidiary	0	USD
CY2019Q3	land	Noncontrolling Interest Increase Decrease From Changes In Ownership Of Subsidiary NoncontrollingInterestIncreaseDecreaseFromChangesInOwnershipOfSubsidiary	0	USD
	land	Noncontrolling Interest Increase Decrease From Changes In Ownership Of Subsidiary NoncontrollingInterestIncreaseDecreaseFromChangesInOwnershipOfSubsidiary	0	USD
CY2017Q2	land	Number Of Farms Acquired NumberOfFarmsAcquired	2	farm
CY2017Q2	land	Number Of Leases NumberOfLeases	2	lease
	land	Number Of Real Estate Farms NumberOfRealEstateFarms	82	farm
	land	Number Of Real Estate Farms NumberOfRealEstateFarms	97	farm
	land	Numberof Executive Officers That Serve As Directors NumberofExecutiveOfficersThatServeAsDirectors	2	officer
	land	Numberof Tenants Lease Properties NumberofTenantsLeaseProperties	70	tenant
CY2019Q3	land	Operating Expenses Before Credit To Incentive Fee OperatingExpensesBeforeCreditToIncentiveFee	5575000	USD
	land	Operating Expenses Before Credit To Incentive Fee OperatingExpensesBeforeCreditToIncentiveFee	15963000	USD
CY2019Q3	land	Operating Lease Lease Reimbursements OperatingLeaseLeaseReimbursements	33000	USD
	land	Operating Lease Lease Reimbursements OperatingLeaseLeaseReimbursements	93000	USD
	land	Operating Lease Liability Incurred In Exchange For Right Of Use Asset OperatingLeaseLiabilityIncurredInExchangeForRightOfUseAsset	171000	USD
CY2018Q3	land	Operating Leases Income Statement Fixed Lease Payments OperatingLeasesIncomeStatementFixedLeasePayments	7124000	USD
	land	Operating Leases Income Statement Fixed Lease Payments OperatingLeasesIncomeStatementFixedLeasePayments	20427000	USD
CY2018Q3	land	Operating Leases Income Statement Variable Lease Payments OperatingLeasesIncomeStatementVariableLeasePayments	891000	USD
	land	Operating Leases Income Statement Variable Lease Payments OperatingLeasesIncomeStatementVariableLeasePayments	917000	USD
CY2018Q3	land	Operating Leases Rent Reimbursements OperatingLeasesRentReimbursements	2000	USD
	land	Operating Leases Rent Reimbursements OperatingLeasesRentReimbursements	11000	USD
CY2018Q4	land	Other Due To Advisor OtherDueToAdvisor	63000	USD
CY2019Q3	land	Other Due To Advisor OtherDueToAdvisor	21000	USD
	land	Percentage Of Area Of Land PercentageOfAreaOfLand	1
	land	Percentage Of Area Of Land PercentageOfAreaOfLand	1
CY2019Q3	land	Percentage Of Expected Annual Base Management Fee To Aggregate Stockholders Equity PercentageOfExpectedAnnualBaseManagementFeeToAggregateStockholdersEquity	0.020
CY2019Q3	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
	land	Percentageof Incentive Feeson Capital Gains PercentageofIncentiveFeesonCapitalGains	0.15
	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
CY2018Q3	land	Property Operating Expenses PropertyOperatingExpenses	621000	USD
	land	Property Operating Expenses PropertyOperatingExpenses	1381000	USD
CY2019Q3	land	Property Operating Expenses PropertyOperatingExpenses	536000	USD
	land	Property Operating Expenses PropertyOperatingExpenses	1939000	USD
	land	Real Estate Additions Included In Other Liabilities RealEstateAdditionsIncludedInOtherLiabilities	136000	USD
	land	Real Estate Additions Included In Other Liabilities RealEstateAdditionsIncludedInOtherLiabilities	0	USD
CY2018Q4	land	Real Estate And Accumulated Depreciation Carrying Amount Of Horticulture RealEstateAndAccumulatedDepreciationCarryingAmountOfHorticulture	48894000	USD
CY2019Q3	land	Real Estate And Accumulated Depreciation Carrying Amount Of Horticulture RealEstateAndAccumulatedDepreciationCarryingAmountOfHorticulture	91289000	USD
CY2018Q4	land	Real Estate Other Site Improvements RealEstateOtherSiteImprovements	6707000	USD
CY2019Q3	land	Real Estate Other Site Improvements RealEstateOtherSiteImprovements	7097000	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
CY2019Q3	land	Related Party Transaction Net Incentive Fees Paid And Credits Received RelatedPartyTransactionNetIncentiveFeesPaidAndCreditsReceived	862000	USD
	land	Related Party Transaction Net Incentive Fees Paid And Credits Received RelatedPartyTransactionNetIncentiveFeesPaidAndCreditsReceived	1199000	USD
CY2019Q3	land	Sec Schedule Iii Real Estate Investment Property Including Intangible Assets Net SecScheduleIiiRealEstateInvestmentPropertyIncludingIntangibleAssetsNet	743409000	USD
CY2018Q3	land	Selling Commissionsand Dealer Manager Fees SellingCommissionsandDealerManagerFees	890000	USD
	land	Selling Commissionsand Dealer Manager Fees SellingCommissionsandDealerManagerFees	940000	USD
CY2019Q3	land	Selling Commissionsand Dealer Manager Fees SellingCommissionsandDealerManagerFees	1657000	USD
	land	Selling Commissionsand Dealer Manager Fees SellingCommissionsandDealerManagerFees	4781000	USD
CY2019Q3	land	Selling Commissionsand Dealer Manager Fees Paid To Third Parties To Date Percentage SellingCommissionsandDealerManagerFeesPaidToThirdPartiesToDatePercentage	0.939
CY2018Q3	land	Stock Issued During Period Value Issuedfor Services Common Stock StockIssuedDuringPeriodValueIssuedforServicesCommonStock	4000	USD
	land	Stock Issued During Period Value Issuedfor Services Common Stock StockIssuedDuringPeriodValueIssuedforServicesCommonStock	23607000	USD
CY2019Q3	land	Stock Issued During Period Value Issuedfor Services Common Stock StockIssuedDuringPeriodValueIssuedforServicesCommonStock	3996000	USD
	land	Stock Issued During Period Value Issuedfor Services Common Stock StockIssuedDuringPeriodValueIssuedforServicesCommonStock	27145000	USD
CY2018Q3	land	Stock Issued During Period Value Issuedfor Services Preferred Stock StockIssuedDuringPeriodValueIssuedforServicesPreferredStock	8344000	USD
	land	Stock Issued During Period Value Issuedfor Services Preferred Stock StockIssuedDuringPeriodValueIssuedforServicesPreferredStock	8799000	USD
CY2019Q3	land	Stock Issued During Period Value Issuedfor Services Preferred Stock StockIssuedDuringPeriodValueIssuedforServicesPreferredStock	18517000	USD
	land	Stock Issued During Period Value Issuedfor Services Preferred Stock StockIssuedDuringPeriodValueIssuedforServicesPreferredStock	51977000	USD
CY2018Q3	land	Stockholders Equity Decreasefrom Distributions StockholdersEquityDecreasefromDistributions	2227000	USD
	land	Stockholders Equity Decreasefrom Distributions StockholdersEquityDecreasefromDistributions	6391000	USD
CY2019Q3	land	Stockholders Equity Decreasefrom Distributions StockholdersEquityDecreasefromDistributions	2820000	USD
	land	Stockholders Equity Decreasefrom Distributions StockholdersEquityDecreasefromDistributions	7749000	USD
CY2018Q3	land	Tenant Improvements Depreciationand Rental Revenue TenantImprovementsDepreciationandRentalRevenue	77000	USD
	land	Tenant Improvements Depreciationand Rental Revenue TenantImprovementsDepreciationandRentalRevenue	228000	USD
CY2019Q3	land	Tenant Improvements Depreciationand Rental Revenue TenantImprovementsDepreciationandRentalRevenue	72000	USD
	land	Tenant Improvements Depreciationand Rental Revenue TenantImprovementsDepreciationandRentalRevenue	218000	USD
CY2018Q3	land	Weighted Average Number Of Operating Partnership Units Held By Noncontrolling Interest WeightedAverageNumberOfOperatingPartnershipUnitsHeldByNoncontrollingInterest	683527	shares
CY2019Q3	land	Weighted Average Number Of Operating Partnership Units Held By Noncontrolling Interest WeightedAverageNumberOfOperatingPartnershipUnitsHeldByNoncontrollingInterest	222495	shares
	land	Weighted Average Number Of Operating Partnership Units Held By Noncontrolling Interest WeightedAverageNumberOfOperatingPartnershipUnitsHeldByNoncontrollingInterest	217857	shares
CY2019Q3	srt	Real Estate And Accumulated Depreciation Amount Of Encumbrances RealEstateAndAccumulatedDepreciationAmountOfEncumbrances	454939000	USD
CY2018Q4	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	9152000	USD
CY2019Q3	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	7015000	USD
CY2018Q4	us-gaap	Accumulated Distributions In Excess Of Net Income AccumulatedDistributionsInExcessOfNetIncome	25826000	USD
CY2019Q3	us-gaap	Accumulated Distributions In Excess Of Net Income AccumulatedDistributionsInExcessOfNetIncome	35344000	USD
CY2019Q3	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-347000	USD
	us-gaap	Acquired Finite Lived Intangible Assets Weighted Average Useful Life AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife	P7Y1M6D
	us-gaap	Acquired Finite Lived Intangible Assets Weighted Average Useful Life AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife	P2Y1M6D
CY2018Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	202053000	USD
CY2019Q3	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	286562000	USD
	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	434000	USD
	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	461000	USD
CY2018Q3	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	289000	USD
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	835000	USD
CY2019Q3	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	460000	USD
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	1100000	USD
CY2018Q3	us-gaap	Area Of Real Estate Property AreaOfRealEstateProperty	67826	acre
CY2019Q3	us-gaap	Area Of Real Estate Property AreaOfRealEstateProperty	81586	acre
CY2018Q4	us-gaap	Assets Assets	565119000	USD
CY2019Q3	us-gaap	Assets Assets	757027000	USD
CY2018Q3	us-gaap	Below Market Lease Period Increase Decrease BelowMarketLeasePeriodIncreaseDecrease	17000	USD
	us-gaap	Below Market Lease Period Increase Decrease BelowMarketLeasePeriodIncreaseDecrease	50000	USD
CY2019Q3	us-gaap	Below Market Lease Period Increase Decrease BelowMarketLeasePeriodIncreaseDecrease	46000	USD
	us-gaap	Below Market Lease Period Increase Decrease BelowMarketLeasePeriodIncreaseDecrease	123000	USD
CY2018Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	14730000	USD
CY2019Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	3992000	USD
CY2017Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	2938000	USD
CY2018Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	2929000	USD
CY2018Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	14730000	USD
CY2019Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	3992000	USD
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-9000	USD
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-10738000	USD
CY2018Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2019Q3	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2018Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2019Q3	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2018Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	91500000	shares
CY2019Q3	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
CY2018Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	17891340	shares
CY2019Q3	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	20888075	shares
CY2018Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	17891340	shares
CY2019Q3	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	20888075	shares
CY2018Q4	us-gaap	Common Stock Value CommonStockValue	18000	USD
CY2019Q3	us-gaap	Common Stock Value CommonStockValue	21000	USD
CY2018Q3	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	5683000	USD
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	3643000	USD
CY2019Q3	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	170000	USD
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	448000	USD
CY2018Q3	us-gaap	Depreciation Depreciation	2100000	USD
	us-gaap	Depreciation Depreciation	6000000	USD
CY2019Q3	us-gaap	Depreciation Depreciation	3000000	USD
	us-gaap	Depreciation Depreciation	7800000	USD
CY2018Q3	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	2374000	USD
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	6805000	USD
CY2019Q3	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	3419000	USD
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	8952000	USD
CY2018Q3	us-gaap	Dividends Preferred Stock DividendsPreferredStock	90000	USD
	us-gaap	Dividends Preferred Stock DividendsPreferredStock	92000	USD
CY2019Q3	us-gaap	Dividends Preferred Stock DividendsPreferredStock	1161000	USD
	us-gaap	Dividends Preferred Stock DividendsPreferredStock	2655000	USD
CY2018Q4	us-gaap	Due To Related Parties Current And Noncurrent DueToRelatedPartiesCurrentAndNoncurrent	945000	USD
CY2019Q3	us-gaap	Due To Related Parties Current And Noncurrent DueToRelatedPartiesCurrentAndNoncurrent	1194000	USD
CY2018Q3	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	0.35
	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	0.23
CY2019Q3	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.03
	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.10
	us-gaap	Escrow Deposit Disbursements Related To Property Acquisition1 EscrowDepositDisbursementsRelatedToPropertyAcquisition1	20500000	USD
CY2018Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	5686000	USD
CY2019Q3	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	5257000	USD
	us-gaap	Gain Loss On Disposition Of Real Estate Discontinued Operations GainLossOnDispositionOfRealEstateDiscontinuedOperations	6247000	USD
	us-gaap	Gain Loss On Disposition Of Real Estate Discontinued Operations GainLossOnDispositionOfRealEstateDiscontinuedOperations	-154000	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
CY2019Q3	us-gaap	Gains Losses On Sales Of Investment Real Estate GainsLossesOnSalesOfInvestmentRealEstate	-134000	USD
	us-gaap	Gains Losses On Sales Of Investment Real Estate GainsLossesOnSalesOfInvestmentRealEstate	-154000	USD
CY2018Q3	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	443000	USD
CY2019Q3	us-gaap	Interest Expense InterestExpense	4401000	USD
	us-gaap	Interest Expense InterestExpense	11396000	USD
CY2019Q3	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	447000	USD
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	1465000	USD
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-677000	USD
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-1586000	USD
CY2018Q3	us-gaap	Increase Decrease In Fair Value Of Interest Rate Fair Value Hedging Instruments1 IncreaseDecreaseInFairValueOfInterestRateFairValueHedgingInstruments1	0	USD
	us-gaap	Increase Decrease In Fair Value Of Interest Rate Fair Value Hedging Instruments1 IncreaseDecreaseInFairValueOfInterestRateFairValueHedgingInstruments1	0	USD
CY2019Q3	us-gaap	Increase Decrease In Fair Value Of Interest Rate Fair Value Hedging Instruments1 IncreaseDecreaseInFairValueOfInterestRateFairValueHedgingInstruments1	-347000	USD
	us-gaap	Increase Decrease In Fair Value Of Interest Rate Fair Value Hedging Instruments1 IncreaseDecreaseInFairValueOfInterestRateFairValueHedgingInstruments1	-347000	USD
	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	1274000	USD
	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	-281000	USD
	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	4096000	USD
	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	5066000	USD
CY2018Q3	us-gaap	Interest Expense InterestExpense	3082000	USD
	us-gaap	Interest Expense InterestExpense	8728000	USD
CY2018Q3	us-gaap	Interest Expense Other InterestExpenseOther	458000	USD
	us-gaap	Interest Expense Other InterestExpenseOther	1375000	USD
CY2019Q3	us-gaap	Interest Expense Other InterestExpenseOther	458000	USD
	us-gaap	Interest Expense Other InterestExpenseOther	1375000	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
CY2019Q3	us-gaap	Inventory Write Down InventoryWriteDown	0	USD
	us-gaap	Inventory Write Down InventoryWriteDown	0	USD
	us-gaap	Inventory Write Down InventoryWriteDown	0	USD
CY2018Q4	us-gaap	Investment Building And Building Improvements InvestmentBuildingAndBuildingImprovements	18510000	USD
CY2019Q3	us-gaap	Investment Building And Building Improvements InvestmentBuildingAndBuildingImprovements	20579000	USD
CY2018Q4	us-gaap	Land And Land Improvements LandAndLandImprovements	417310000	USD
CY2019Q3	us-gaap	Land And Land Improvements LandAndLandImprovements	556557000	USD
CY2019Q3	us-gaap	Lease Income LeaseIncome	11012000	USD
	us-gaap	Lease Income LeaseIncome	27203000	USD
CY2018Q4	us-gaap	Lessee Operating Lease Liability Payments Due LesseeOperatingLeaseLiabilityPaymentsDue	232000	USD
CY2019Q3	us-gaap	Lessee Operating Lease Liability Payments Due LesseeOperatingLeaseLiabilityPaymentsDue	185000	USD
CY2018Q4	us-gaap	Lessee Operating Lease Liability Payments Due After Year Five LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive	31000	USD
CY2019Q3	us-gaap	Lessee Operating Lease Liability Payments Due After Year Five LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive	31000	USD
CY2018Q4	us-gaap	Lessee Operating Lease Liability Payments Due Year Five LesseeOperatingLeaseLiabilityPaymentsDueYearFive	30000	USD
CY2019Q3	us-gaap	Lessee Operating Lease Liability Payments Due Year Five LesseeOperatingLeaseLiabilityPaymentsDueYearFive	30000	USD
CY2018Q4	us-gaap	Lessee Operating Lease Liability Payments Due Year Four LesseeOperatingLeaseLiabilityPaymentsDueYearFour	30000	USD
CY2019Q3	us-gaap	Lessee Operating Lease Liability Payments Due Year Four LesseeOperatingLeaseLiabilityPaymentsDueYearFour	30000	USD
CY2018Q4	us-gaap	Lessee Operating Lease Liability Payments Due Year Three LesseeOperatingLeaseLiabilityPaymentsDueYearThree	47000	USD
CY2019Q3	us-gaap	Lessee Operating Lease Liability Payments Due Year Three LesseeOperatingLeaseLiabilityPaymentsDueYearThree	47000	USD
CY2018Q4	us-gaap	Lessee Operating Lease Liability Payments Due Year Two LesseeOperatingLeaseLiabilityPaymentsDueYearTwo	47000	USD
CY2019Q3	us-gaap	Lessee Operating Lease Liability Payments Due Year Two LesseeOperatingLeaseLiabilityPaymentsDueYearTwo	47000	USD
CY2018Q4	us-gaap	Lessee Operating Lease Liability Payments Remainder Of Fiscal Year LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear	47000	USD
CY2019Q3	us-gaap	Lessee Operating Lease Liability Payments Remainder Of Fiscal Year LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear	0	USD
CY2019Q3	us-gaap	Liabilities Liabilities	503737000	USD
CY2018Q4	us-gaap	Lessee Operating Lease Liability Undiscounted Excess Amount LesseeOperatingLeaseLiabilityUndiscountedExcessAmount	0	USD
CY2019Q3	us-gaap	Lessee Operating Lease Liability Undiscounted Excess Amount LesseeOperatingLeaseLiabilityUndiscountedExcessAmount	14000	USD
CY2019Q3	us-gaap	Lessor Operating Lease Payments To Be Received LessorOperatingLeasePaymentsToBeReceived	268103000	USD
CY2019Q3	us-gaap	Lessor Operating Lease Payments To Be Received Five Years LessorOperatingLeasePaymentsToBeReceivedFiveYears	31903000	USD
CY2019Q3	us-gaap	Lessor Operating Lease Payments To Be Received Four Years LessorOperatingLeasePaymentsToBeReceivedFourYears	31602000	USD
CY2019Q3	us-gaap	Lessor Operating Lease Payments To Be Received Remainder Of Fiscal Year LessorOperatingLeasePaymentsToBeReceivedRemainderOfFiscalYear	7338000	USD
CY2019Q3	us-gaap	Lessor Operating Lease Payments To Be Received Thereafter LessorOperatingLeasePaymentsToBeReceivedThereafter	123243000	USD
CY2019Q3	us-gaap	Lessor Operating Lease Payments To Be Received Three Years LessorOperatingLeasePaymentsToBeReceivedThreeYears	33045000	USD
CY2019Q3	us-gaap	Lessor Operating Lease Payments To Be Received Two Years LessorOperatingLeasePaymentsToBeReceivedTwoYears	40972000	USD
CY2018Q4	us-gaap	Liabilities Liabilities	384066000	USD
CY2018Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	565119000	USD
CY2019Q3	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	757027000	USD
CY2018Q4	us-gaap	Line Of Credit LineOfCredit	100000	USD
CY2019Q3	us-gaap	Line Of Credit LineOfCredit	4100000	USD
CY2018Q4	us-gaap	Long Term Debt LongTermDebt	335888000	USD
CY2019Q3	us-gaap	Long Term Debt LongTermDebt	452104000	USD
CY2018Q3	us-gaap	Management Fee Expense ManagementFeeExpense	690000	USD
	us-gaap	Management Fee Expense ManagementFeeExpense	2102000	USD
CY2019Q3	us-gaap	Management Fee Expense ManagementFeeExpense	862000	USD
	us-gaap	Management Fee Expense ManagementFeeExpense	2741000	USD
CY2018Q3	us-gaap	Minority Interest Decrease From Redemptions MinorityInterestDecreaseFromRedemptions	2000	USD
	us-gaap	Minority Interest Decrease From Redemptions MinorityInterestDecreaseFromRedemptions	523000	USD
	us-gaap	Minority Interest Decrease From Redemptions MinorityInterestDecreaseFromRedemptions	0	USD
CY2018Q4	us-gaap	Minority Interest In Operating Partnerships MinorityInterestInOperatingPartnerships	4807000	USD
CY2019Q3	us-gaap	Minority Interest In Operating Partnerships MinorityInterestInOperatingPartnerships	2395000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	40539000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	185310000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-48592000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-209950000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	8044000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	13902000	USD
CY2018Q3	us-gaap	Net Income Loss NetIncomeLoss	5683000	USD
	us-gaap	Net Income Loss NetIncomeLoss	3643000	USD
CY2019Q3	us-gaap	Net Income Loss NetIncomeLoss	517000	USD
	us-gaap	Net Income Loss NetIncomeLoss	795000	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
CY2019Q3	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	6000	USD
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	9000	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
CY2019Q3	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-644000	USD
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-1860000	USD
CY2018Q3	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	2675000	USD
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-4754000	USD
CY2019Q3	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-4914000	USD
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-11978000	USD
CY2018Q3	us-gaap	Operating Expenses OperatingExpenses	4672000	USD
	us-gaap	Operating Expenses OperatingExpenses	20054000	USD
CY2019Q3	us-gaap	Operating Expenses OperatingExpenses	5575000	USD
	us-gaap	Operating Expenses OperatingExpenses	14421000	USD
CY2019Q3	us-gaap	Operating Lease Lease Income OperatingLeaseLeaseIncome	11012000	USD
	us-gaap	Operating Lease Lease Income OperatingLeaseLeaseIncome	27203000	USD
CY2019Q3	us-gaap	Operating Lease Lease Income Lease Payments OperatingLeaseLeaseIncomeLeasePayments	10131000	USD
	us-gaap	Operating Lease Lease Income Lease Payments OperatingLeaseLeaseIncomeLeasePayments	26236000	USD
CY2018Q4	us-gaap	Operating Lease Liability OperatingLeaseLiability	232000	USD
CY2019Q3	us-gaap	Operating Lease Liability OperatingLeaseLiability	171000	USD
	us-gaap	Operating Lease Payments OperatingLeasePayments	17000	USD
CY2019Q3	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	188000	USD
CY2019Q3	us-gaap	Operating Lease Variable Lease Income OperatingLeaseVariableLeaseIncome	881000	USD
	us-gaap	Operating Lease Variable Lease Income OperatingLeaseVariableLeaseIncome	967000	USD
CY2019Q3	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.0420
CY2019Q3	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P4Y9M18D
CY2018Q4	us-gaap	Operating Leases Future Minimum Payments Receivable OperatingLeasesFutureMinimumPaymentsReceivable	177309000	USD
CY2018Q4	us-gaap	Operating Leases Future Minimum Payments Receivable In Five Years OperatingLeasesFutureMinimumPaymentsReceivableInFiveYears	19413000	USD
CY2018Q4	us-gaap	Operating Leases Future Minimum Payments Receivable In Four Years OperatingLeasesFutureMinimumPaymentsReceivableInFourYears	19775000	USD
CY2018Q4	us-gaap	Operating Leases Future Minimum Payments Receivable In Three Years OperatingLeasesFutureMinimumPaymentsReceivableInThreeYears	20980000	USD
CY2018Q4	us-gaap	Operating Leases Future Minimum Payments Receivable In Two Years OperatingLeasesFutureMinimumPaymentsReceivableInTwoYears	26917000	USD
CY2018Q4	us-gaap	Operating Leases Future Minimum Payments Receivable Remainder Of Fiscal Year OperatingLeasesFutureMinimumPaymentsReceivableRemainderOfFiscalYear	30290000	USD
CY2018Q4	us-gaap	Operating Leases Future Minimum Payments Receivable Thereafter OperatingLeasesFutureMinimumPaymentsReceivableThereafter	59934000	USD
CY2018Q3	us-gaap	Operating Leases Income Statement Lease Revenue OperatingLeasesIncomeStatementLeaseRevenue	8015000	USD
	us-gaap	Operating Leases Income Statement Lease Revenue OperatingLeasesIncomeStatementLeaseRevenue	21344000	USD
CY2018Q4	us-gaap	Other Assets OtherAssets	5750000	USD
CY2019Q3	us-gaap	Other Assets OtherAssets	7170000	USD
	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Before Tax Noncontrolling Interest OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTaxNoncontrollingInterest	-347000	USD
CY2019Q3	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-347000	USD
	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-347000	USD
CY2018Q3	us-gaap	Other General Expense OtherGeneralExpense	175000	USD
	us-gaap	Other General Expense OtherGeneralExpense	7673000	USD
CY2019Q3	us-gaap	Other General Expense OtherGeneralExpense	0	USD
	us-gaap	Other General Expense OtherGeneralExpense	0	USD
CY2018Q4	us-gaap	Other Liabilities OtherLiabilities	9957000	USD
CY2019Q3	us-gaap	Other Liabilities OtherLiabilities	15123000	USD
CY2018Q3	us-gaap	Other Nonoperating Income OtherNonoperatingIncome	1000	USD
	us-gaap	Other Nonoperating Income OtherNonoperatingIncome	324000	USD
CY2019Q3	us-gaap	Other Nonoperating Income OtherNonoperatingIncome	62000	USD
	us-gaap	Other Nonoperating Income OtherNonoperatingIncome	937000	USD
CY2018Q3	us-gaap	Other Operating Income OtherOperatingIncome	2000	USD
	us-gaap	Other Operating Income OtherOperatingIncome	7313000	USD
CY2019Q3	us-gaap	Other Operating Income OtherOperatingIncome	0	USD
	us-gaap	Other Operating Income OtherOperatingIncome	0	USD
	us-gaap	Payments For Proceeds From Deposits On Real Estate Acquisitions PaymentsForProceedsFromDepositsOnRealEstateAcquisitions	100000	USD
	us-gaap	Payments For Proceeds From Deposits On Real Estate Acquisitions PaymentsForProceedsFromDepositsOnRealEstateAcquisitions	300000	USD
CY2018Q3	us-gaap	Payments For Rent PaymentsForRent	889000	USD
	us-gaap	Payments For Rent PaymentsForRent	906000	USD
CY2019Q3	us-gaap	Payments For Rent PaymentsForRent	848000	USD
	us-gaap	Payments For Rent PaymentsForRent	875000	USD
	us-gaap	Payments To Acquire Real Estate PaymentsToAcquireRealEstate	31467000	USD
	us-gaap	Payments To Acquire Real Estate PaymentsToAcquireRealEstate	200676000	USD
	us-gaap	Payments To Develop Real Estate Assets PaymentsToDevelopRealEstateAssets	17157000	USD
	us-gaap	Payments To Develop Real Estate Assets PaymentsToDevelopRealEstateAssets	8974000	USD
	us-gaap	Payments To Minority Shareholders PaymentsToMinorityShareholders	337000	USD
	us-gaap	Payments To Minority Shareholders PaymentsToMinorityShareholders	91000	USD
CY2018Q1	us-gaap	Preferred Stock Capital Shares Reserved For Future Issuance PreferredStockCapitalSharesReservedForFutureIssuance	6500000	shares
CY2018Q3	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	90000	USD
	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	92000	USD
CY2019Q3	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	1161000	USD
	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	2655000	USD
CY2018Q4	us-gaap	Preferred Stock Liquidation Preference Value PreferredStockLiquidationPreferenceValue	28600000	USD
CY2019Q3	us-gaap	Preferred Stock Liquidation Preference Value PreferredStockLiquidationPreferenceValue	86600000	USD
CY2018Q4	us-gaap	Preferred Stock Value PreferredStockValue	1000	USD
CY2019Q3	us-gaap	Preferred Stock Value PreferredStockValue	3000	USD
	us-gaap	Proceeds From Issuance Of Secured Debt ProceedsFromIssuanceOfSecuredDebt	48218000	USD
	us-gaap	Proceeds From Issuance Of Secured Debt ProceedsFromIssuanceOfSecuredDebt	120399000	USD
	us-gaap	Proceeds From Issuance Or Sale Of Equity ProceedsFromIssuanceOrSaleOfEquity	34397000	USD
	us-gaap	Proceeds From Issuance Or Sale Of Equity ProceedsFromIssuanceOrSaleOfEquity	86070000	USD
	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	14100000	USD
	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	22900000	USD
	us-gaap	Proceeds From Sale Of Real Estate ProceedsFromSaleOfRealEstate	132000	USD
	us-gaap	Proceeds From Sale Of Real Estate ProceedsFromSaleOfRealEstate	0	USD
CY2018Q3	us-gaap	Profit Loss ProfitLoss	6020000	USD
	us-gaap	Profit Loss ProfitLoss	3849000	USD
CY2019Q3	us-gaap	Profit Loss ProfitLoss	523000	USD
	us-gaap	Profit Loss ProfitLoss	804000	USD
	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	108000	USD
	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	24000	USD
CY2018Q4	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	24051000	USD
CY2019Q3	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	31827000	USD
CY2019Q3	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	772435000	USD
CY2018Q4	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	563004000	USD
CY2018Q4	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	538953000	USD
CY2019Q3	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	740608000	USD
	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	24000000	USD
	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	18900000	USD
	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	22800000	USD
	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	7686000	USD
CY2018Q3	us-gaap	Revenues Revenues	8017000	USD
	us-gaap	Revenues Revenues	28657000	USD
CY2019Q3	us-gaap	Revenues Revenues	11012000	USD
	us-gaap	Revenues Revenues	27203000	USD
	us-gaap	Right Of Use Asset Obtained In Exchange For Operating Lease Liability RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability	188000	USD
CY2018Q4	us-gaap	Secured Long Term Debt SecuredLongTermDebt	335788000	USD
CY2019Q3	us-gaap	Secured Long Term Debt SecuredLongTermDebt	448004000	USD
CY2018Q4	us-gaap	Shares Subject To Mandatory Redemption Settlement Terms Amount SharesSubjectToMandatoryRedemptionSettlementTermsAmount	28124000	USD
CY2019Q3	us-gaap	Shares Subject To Mandatory Redemption Settlement Terms Amount SharesSubjectToMandatoryRedemptionSettlementTermsAmount	28301000	USD
CY2019Q3	us-gaap	Stock Issued During Period Value Acquisitions StockIssuedDuringPeriodValueAcquisitions	3276000	USD
	us-gaap	Stock Issued During Period Value Acquisitions StockIssuedDuringPeriodValueAcquisitions	3276000	USD
CY2019Q3	us-gaap	Stock Redeemed Or Called During Period Value StockRedeemedOrCalledDuringPeriodValue	48000	USD
	us-gaap	Stock Redeemed Or Called During Period Value StockRedeemedOrCalledDuringPeriodValue	214000	USD
CY2018Q4	us-gaap	Stockholders Equity StockholdersEquity	176246000	USD
CY2019Q3	us-gaap	Stockholders Equity StockholdersEquity	250895000	USD
CY2017Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	117951000	USD
CY2018Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	135151000	USD
CY2018Q3	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	147200000	USD
CY2018Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	181053000	USD
CY2019Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	231354000	USD
CY2019Q3	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	253290000	USD
CY2018Q4	us-gaap	Tenant Improvements TenantImprovements	2400000	USD
CY2019Q3	us-gaap	Tenant Improvements TenantImprovements	2200000	USD
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
CY2019Q3	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	20763615	shares
	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	19154744	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 Statements of Operations and Comprehensive Income 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, 2019</font><font style="font-family:inherit;font-size:10pt;">, operating rental revenue has been reclassified to be displayed in accordance with ASU 2016-02 (as defined below), which was adopted on January 1, 2019, 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
0001495240-19-000017-index-headers.html	Edgar Link	pending
0001495240-19-000017-index.html	Edgar Link	pending
0001495240-19-000017.txt	Edgar Link	pending
0001495240-19-000017-xbrl.zip	Edgar Link	pending
ex311_093019.htm	Edgar Link	pending
ex312_093019.htm	Edgar Link	pending
ex321_093019.htm	Edgar Link	pending
ex322_093019.htm	Edgar Link	pending
ex991_093019.htm	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
land-20190930.xml	Edgar Link	completed
land-20190930.xsd	Edgar Link	pending
land-20190930_cal.xml	Edgar Link	unprocessable
land-20190930_def.xml	Edgar Link	unprocessable
land-20190930_lab.xml	Edgar Link	unprocessable
land-20190930_pre.xml	Edgar Link	unprocessable
land_09302019x10qdocument.htm	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
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report.css	Edgar Link	pending
Show.js	Edgar Link	pending

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$LAND
GLADSTONE LAND Corp Stock $land

2019 Q4 Form 10-Q Financial Statement

#000149524019000017 Filed on November 06, 2019

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$LAND GLADSTONE LAND Corp Stock $land

2019 Q4 Form 10-Q Financial Statement

#000149524019000017 Filed on November 06, 2019

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$LAND
GLADSTONE LAND Corp Stock $land