$LAND
GLADSTONE LAND Corp Stock $land

$land Overview Financials Valuation SEC Filings Company Website

2022 Q2 Form 10-Q Financial Statement

#000149524022000009 Filed on May 10, 2022

Income Statement

Concept	2022 Q2	2022 Q1	2021 Q4
Revenue	$20.29M	$19.94M	$22.80M
YoY Change	20.13%	24.38%	50.79%
Cost Of Revenue	$2.715M	$2.717M	$2.317M
YoY Change	20.13%	52.64%	59.79%
Gross Profit	$17.58M	$17.23M	$20.48M
YoY Change	20.13%	20.88%	49.84%
Gross Profit Margin	86.62%	86.38%	89.84%
Selling, General & Admin	$1.141M	$2.192M	$2.785M
YoY Change	20.11%	5.89%	47.35%
% of Gross Profit	6.49%	12.72%	13.6%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$8.392M	$8.346M	$7.903M
YoY Change	33.52%	37.93%	69.96%
% of Gross Profit	47.74%	48.45%	38.58%
Operating Expenses	$9.533M	$13.36M	$10.69M
YoY Change	0.4%	34.89%	63.43%
Operating Profit	$8.045M	$3.862M	$9.795M
YoY Change	56.58%	-11.08%	37.38%
Interest Expense	-$7.278M	$6.448M	-$7.196M
YoY Change	-218.51%	4.12%	21.14%
% of Operating Profit	-90.47%	166.96%	-73.47%
Other Income/Expense, Net	$63.00K	-$5.392M	$17.00K
YoY Change	-100.79%	-3.25%	-91.5%
Pretax Income	$613.0K	$1.187M	$1.988M
YoY Change	-215.44%	115.82%	2108.89%
Income Tax
% Of Pretax Income
Net Earnings	$616.0K	$1.178M	$1.977M
YoY Change	-216.23%	113.02%	1697.27%
Net Earnings / Revenue	3.04%	5.91%	8.67%
Basic Earnings Per Share	-$0.11	-$0.08
Diluted Earnings Per Share	$17.84K	-$0.08	$58.52K
COMMON SHARES
Basic Shares Outstanding	34.21M shares	34.29M shares	34.21M shares
Diluted Shares Outstanding	34.52M shares	34.29M shares

Balance Sheet

Concept	2022 Q2	2022 Q1	2021 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments	$48.44M	$49.38M	$16.71M
YoY Change	-27.47%	-32.26%	81.61%
Cash & Equivalents	$48.44M	$49.38M	$16.71M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets	$48.44M	$49.38M	$16.71M
YoY Change	-27.47%	-32.26%	81.61%
LONG-TERM ASSETS
Property, Plant & Equipment	$1.301B	$1.280B	$1.284B
YoY Change	17.74%	22.24%	22.76%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$3.100M	$3.100M	$3.100M
YoY Change	181.82%	181.82%	158.33%
Other Assets
YoY Change
Total Long-Term Assets	$1.362B	$1.336B	$1.335B
YoY Change	20.01%	25.89%	26.16%
TOTAL ASSETS
Total Short-Term Assets	$48.44M	$49.38M	$16.71M
Total Long-Term Assets	$1.362B	$1.336B	$1.335B
Total Assets	$1.410B	$1.386B	$1.352B
YoY Change	17.37%	22.15%	26.63%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$14.58M	$12.71M	$10.87M
YoY Change	34.88%	47.76%	19.49%
Accrued Expenses			$664.0K
YoY Change			564.0%
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	$17.55M	$16.64M	$15.76M
YoY Change	37.1%	35.28%	34.72%
LONG-TERM LIABILITIES
Long-Term Debt	$720.8M	$718.9M	$726.7M
YoY Change	5.08%	4.58%	11.33%
Other Long-Term Liabilities	$19.99M	$18.29M	$20.04M
YoY Change	-7.14%	6.94%	4.94%
Total Long-Term Liabilities	$740.8M	$737.2M	$746.7M
YoY Change	4.71%	4.64%	11.15%
TOTAL LIABILITIES
Total Short-Term Liabilities	$17.55M	$16.64M	$15.76M
Total Long-Term Liabilities	$740.8M	$737.2M	$746.7M
Total Liabilities	$758.4M	$753.8M	$762.5M
YoY Change	5.29%	5.17%	11.56%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock		$713.8M	$668.3M
YoY Change		49.64%	51.72%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$651.9M	$629.7M	$586.8M
YoY Change
Total Liabilities & Shareholders Equity	$1.410B	$1.386B	$1.352B
YoY Change	17.37%	22.15%	26.63%

Cashflow Statement

Concept	2022 Q2	2022 Q1	2021 Q4
OPERATING ACTIVITIES
Net Income	$616.0K	$1.178M	$1.977M
YoY Change	-216.23%	113.02%	1697.27%
Depreciation, Depletion And Amortization	$8.392M	$8.346M	$7.903M
YoY Change	33.52%	37.93%	69.96%
Cash From Operating Activities	$11.80M	$7.553M	$12.02M
YoY Change	14.53%	13.48%	-10.36%
INVESTING ACTIVITIES
Capital Expenditures	-$30.92M	-$3.518M	-$145.3M
YoY Change	-61.14%	-23.69%	-26.26%
Acquisitions
YoY Change
Other Investing Activities	-$655.0K	-$54.00K	-$179.0K
YoY Change	-2720.0%	-93.25%	-10.5%
Cash From Investing Activities	-$31.58M	-$3.572M	-$145.5M
YoY Change	-60.3%	-33.93%	-26.25%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	18.84M	$28.69M	83.70M
YoY Change	-70.16%	-54.04%	-55.16%
NET CHANGE
Cash From Operating Activities	11.80M	$7.553M	12.02M
Cash From Investing Activities	-31.58M	-$3.572M	-145.5M
Cash From Financing Activities	18.84M	$28.69M	83.70M
Net Change In Cash	-937.0K	$32.67M	-49.78M
YoY Change	-84.66%	-48.69%	-1897.22%
FREE CASH FLOW
Cash From Operating Activities	$11.80M	$7.553M	$12.02M
Capital Expenditures	-$30.92M	-$3.518M	-$145.3M
Free Cash Flow	$42.72M	$11.07M	$157.3M
YoY Change	-52.46%	-1.73%	-25.25%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2022Q1	land	Termination Agreement Percentage Of Independent Directors TerminationAgreementPercentageOfIndependentDirectors	0.6667
CY2022Q1	dei	Entity Central Index Key EntityCentralIndexKey	0001495240
CY2022Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2022
CY2022Q1	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2022Q1	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2022Q1	dei	Amendment Flag AmendmentFlag	false
CY2022Q1	dei	Document Type DocumentType	10-Q
CY2022Q1	dei	Document Quarterly Report DocumentQuarterlyReport	true
CY2022Q1	dei	Document Period End Date DocumentPeriodEndDate	2022-03-31
CY2022Q1	dei	Document Transition Report DocumentTransitionReport	false
CY2022Q1	dei	Entity File Number EntityFileNumber	001-35795
CY2022Q1	dei	Entity Registrant Name EntityRegistrantName	GLADSTONE LAND CORP
CY2022Q1	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	MD
CY2022Q1	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	54-1892552
CY2022Q1	dei	Entity Address Address Line1 EntityAddressAddressLine1	1521 Westbranch Drive,
CY2022Q1	dei	Entity Address Address Line2 EntityAddressAddressLine2	Suite 100
CY2022Q1	dei	Entity Address City Or Town EntityAddressCityOrTown	McLean,
CY2022Q1	dei	Entity Address State Or Province EntityAddressStateOrProvince	VA
CY2022Q1	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	22102
CY2022Q1	dei	City Area Code CityAreaCode	703
CY2022Q1	dei	Local Phone Number LocalPhoneNumber	287-5800
CY2022Q1	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2022Q1	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
CY2022Q1	dei	Entity Filer Category EntityFilerCategory	Non-accelerated Filer
CY2022Q1	dei	Entity Small Business EntitySmallBusiness	true
CY2022Q1	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
CY2022Q1	dei	Entity Shell Company EntityShellCompany	false
CY2022Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	34210013	shares
CY2022Q1	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	1361757000	USD
CY2021Q4	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	1357800000	USD
CY2022Q1	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	81731000	USD
CY2021Q4	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	74002000	USD
CY2022Q1	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	1280026000	USD
CY2021Q4	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	1283798000	USD
CY2022Q1	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	4190000	USD
CY2021Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	4456000	USD
CY2022Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	49381000	USD
CY2021Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	16708000	USD
CY2022Q1	us-gaap	Other Assets OtherAssets	52151000	USD
CY2021Q4	us-gaap	Other Assets OtherAssets	46588000	USD
CY2022Q1	us-gaap	Assets Assets	1385748000	USD
CY2021Q4	us-gaap	Assets Assets	1351550000	USD
CY2022Q1	us-gaap	Line Of Credit LineOfCredit	100000	USD
CY2022Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	34520068	shares
CY2022Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	34520068	shares
CY2021Q4	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	10874000	USD
CY2021Q4	us-gaap	Line Of Credit LineOfCredit	100000	USD
CY2022Q1	us-gaap	Secured Long Term Debt SecuredLongTermDebt	659998000	USD
CY2021Q4	us-gaap	Secured Long Term Debt SecuredLongTermDebt	667882000	USD
CY2022Q1	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	12707000	USD
CY2022Q1	us-gaap	Due To Related Parties Current And Noncurrent DueToRelatedPartiesCurrentAndNoncurrent	3932000	USD
CY2021Q4	us-gaap	Due To Related Parties Current And Noncurrent DueToRelatedPartiesCurrentAndNoncurrent	4224000	USD
CY2022Q1	us-gaap	Other Liabilities OtherLiabilities	18287000	USD
CY2021Q4	us-gaap	Other Liabilities OtherLiabilities	20708000	USD
CY2022Q1	us-gaap	Liabilities Liabilities	753823000	USD
CY2021Q4	us-gaap	Liabilities Liabilities	762484000	USD
CY2022Q1	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2021Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2022Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2021Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2022Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	63956473	shares
CY2021Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	63953993	shares
CY2021Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	34210013	shares
CY2021Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	34210013	shares
CY2022Q1	us-gaap	Common Stock Value CommonStockValue	35000	USD
CY2021Q4	us-gaap	Common Stock Value CommonStockValue	34000	USD
CY2022Q1	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	713805000	USD
CY2021Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	668275000	USD
CY2022Q1	us-gaap	Accumulated Distributions In Excess Of Net Income AccumulatedDistributionsInExcessOfNetIncome	87868000	USD
CY2021Q4	us-gaap	Accumulated Distributions In Excess Of Net Income AccumulatedDistributionsInExcessOfNetIncome	80467000	USD
CY2022Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	3694000	USD
CY2021Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-1036000	USD
CY2022Q1	us-gaap	Stockholders Equity StockholdersEquity	629677000	USD
CY2021Q4	us-gaap	Stockholders Equity StockholdersEquity	586815000	USD
CY2022Q1	us-gaap	Minority Interest In Operating Partnerships MinorityInterestInOperatingPartnerships	2248000	USD
CY2021Q4	us-gaap	Minority Interest In Operating Partnerships MinorityInterestInOperatingPartnerships	2251000	USD
CY2022Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	631925000	USD
CY2021Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	589066000	USD
CY2022Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	1385748000	USD
CY2021Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	1351550000	USD
CY2022Q1	us-gaap	Lease Income LeaseIncome	19943000	USD
CY2021Q1	us-gaap	Lease Income LeaseIncome	16034000	USD
CY2022Q1	us-gaap	Revenues Revenues	19943000	USD
CY2021Q1	us-gaap	Revenues Revenues	16034000	USD
CY2022Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	8346000	USD
CY2021Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	6051000	USD
CY2022Q1	land	Incentive Feedueto Advisor IncentiveFeeduetoAdvisor	1131000	USD
CY2021Q1	us-gaap	Incentive Fee Expense IncentiveFeeExpense	1162000	USD
CY2022Q1	land	Property Operating Expenses PropertyOperatingExpenses	703000	USD
CY2021Q1	land	Property Operating Expenses PropertyOperatingExpenses	429000	USD
CY2022Q1	land	Management Fee Due To Advisor ManagementFeeDueToAdvisor	2037000	USD
CY2021Q1	us-gaap	Management Fee Expense ManagementFeeExpense	1369000	USD
CY2022Q1	land	Administrative Fee Due To Administrator AdministrativeFeeDueToAdministrator	463000	USD
CY2021Q1	land	Administration Fee AdministrationFee	357000	USD
CY2021Q1	land	Administration Fee AdministrationFee	357000	USD
CY2022Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	684000	USD
CY2021Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	539000	USD
CY2022Q1	us-gaap	Operating Expenses OperatingExpenses	13364000	USD
CY2021Q1	us-gaap	Operating Expenses OperatingExpenses	9907000	USD
CY2022Q1	us-gaap	Other Nonoperating Income OtherNonoperatingIncome	2767000	USD
CY2021Q1	us-gaap	Other Nonoperating Income OtherNonoperatingIncome	2235000	USD
CY2022Q1	us-gaap	Interest Expense InterestExpense	6448000	USD
CY2021Q1	us-gaap	Gains Losses On Sales Of Investment Real Estate GainsLossesOnSalesOfInvestmentRealEstate	-798000	USD
CY2021Q1	us-gaap	Interest Expense InterestExpense	6193000	USD
CY2022Q1	us-gaap	Redeemable Preferred Stock Dividends RedeemablePreferredStockDividends	755000	USD
CY2021Q1	us-gaap	Redeemable Preferred Stock Dividends RedeemablePreferredStockDividends	804000	USD
CY2022Q1	us-gaap	Gains Losses On Sales Of Investment Real Estate GainsLossesOnSalesOfInvestmentRealEstate	-976000	USD
CY2022Q1	land	Gain Loss On Business Interruption Insurance Recovery GainLossOnBusinessInterruptionInsuranceRecovery	49000	USD
CY2021Q1	land	Gain Loss On Business Interruption Insurance Recovery GainLossOnBusinessInterruptionInsuranceRecovery	0	USD
CY2022Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	-29000	USD
CY2022Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-5392000	USD
CY2021Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-5573000	USD
CY2022Q1	us-gaap	Profit Loss ProfitLoss	1187000	USD
CY2021Q1	us-gaap	Profit Loss ProfitLoss	554000	USD
CY2022Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	9000	USD
CY2021Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	1000	USD
CY2022Q1	us-gaap	Net Income Loss NetIncomeLoss	1178000	USD
CY2021Q1	us-gaap	Net Income Loss NetIncomeLoss	553000	USD
CY2022Q1	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	3912000	USD
CY2021Q1	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	2764000	USD
CY2022Q1	us-gaap	Other Preferred Stock Dividends And Adjustments OtherPreferredStockDividendsAndAdjustments	3000	USD
CY2021Q1	us-gaap	Other Preferred Stock Dividends And Adjustments OtherPreferredStockDividendsAndAdjustments	0	USD
CY2022Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-2737000	USD
CY2021Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-2211000	USD
CY2022Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.08
CY2022Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.08
CY2021Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.08
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CY2022Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	34285002	shares
CY2022Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	34285002	shares
CY2021Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	26874630	shares
CY2021Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	26874630	shares
CY2022Q1	us-gaap	Net Income Loss NetIncomeLoss	1178000	USD
CY2021Q1	us-gaap	Net Income Loss NetIncomeLoss	553000	USD
CY2022Q1	us-gaap	Increase Decrease In Fair Value Of Interest Rate Fair Value Hedging Instruments1 IncreaseDecreaseInFairValueOfInterestRateFairValueHedgingInstruments1	4730000	USD
CY2021Q1	us-gaap	Increase Decrease In Fair Value Of Interest Rate Fair Value Hedging Instruments1 IncreaseDecreaseInFairValueOfInterestRateFairValueHedgingInstruments1	1367000	USD
CY2022Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	5908000	USD
CY2021Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	1920000	USD
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CY2022Q1	us-gaap	Profit Loss ProfitLoss	1187000	USD
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CY2022Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	631925000	USD
CY2020Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	383790000	USD
CY2021Q1	us-gaap	Stock Issued During Period Value Acquisitions StockIssuedDuringPeriodValueAcquisitions	3970000	USD
CY2021Q1	us-gaap	Profit Loss ProfitLoss	554000	USD
CY2021Q1	us-gaap	Dividends Preferred Stock DividendsPreferredStock	2764000	USD
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CY2022Q1	us-gaap	Profit Loss ProfitLoss	1187000	USD
CY2021Q1	us-gaap	Profit Loss ProfitLoss	554000	USD
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CY2021Q1	land	Depreciation Depletionand Amortization Excluding Operating Lease Rightof Use Asset Amortization Expenseand Debt Issuance Costs DepreciationDepletionandAmortizationExcludingOperatingLeaseRightofUseAssetAmortizationExpenseandDebtIssuanceCosts	6051000	USD
CY2022Q1	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	271000	USD
CY2021Q1	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	388000	USD
CY2022Q1	land	Amortization Of Deferred Rent Asset And Liability Net AmortizationOfDeferredRentAssetAndLiabilityNet	-67000	USD
CY2021Q1	land	Amortization Of Deferred Rent Asset And Liability Net AmortizationOfDeferredRentAssetAndLiabilityNet	-179000	USD
CY2022Q1	land	Operating Lease Right Of Use Asset Operating Lease Liabilities Amortization Expense OperatingLeaseRightOfUseAssetOperatingLeaseLiabilitiesAmortizationExpense	-23000	USD
CY2021Q1	land	Operating Lease Right Of Use Asset Operating Lease Liabilities Amortization Expense OperatingLeaseRightOfUseAssetOperatingLeaseLiabilitiesAmortizationExpense	33000	USD
CY2022Q1	us-gaap	Income Loss From Equity Method Investments Net Of Dividends Or Distributions IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions	-29000	USD
CY2021Q1	us-gaap	Income Loss From Equity Method Investments Net Of Dividends Or Distributions IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions	-13000	USD
CY2022Q1	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	67000	USD
CY2021Q1	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	0	USD
CY2022Q1	us-gaap	Gain Loss On Disposition Of Real Estate Discontinued Operations GainLossOnDispositionOfRealEstateDiscontinuedOperations	-976000	USD
CY2021Q1	us-gaap	Gain Loss On Disposition Of Real Estate Discontinued Operations GainLossOnDispositionOfRealEstateDiscontinuedOperations	-798000	USD
CY2022Q1	land	Gain Loss On Business Interruption Insurance Recovery GainLossOnBusinessInterruptionInsuranceRecovery	49000	USD
CY2021Q1	land	Gain Loss On Business Interruption Insurance Recovery GainLossOnBusinessInterruptionInsuranceRecovery	0	USD
CY2022Q1	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	1558000	USD
CY2021Q1	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	924000	USD
CY2022Q1	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-344000	USD
CY2021Q1	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	1099000	USD
CY2022Q1	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	-1328000	USD
CY2021Q1	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	-1111000	USD
CY2022Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	7553000	USD
CY2021Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	6656000	USD
CY2022Q1	us-gaap	Payments To Acquire Other Real Estate PaymentsToAcquireOtherRealEstate	0	USD
CY2021Q1	us-gaap	Payments To Acquire Other Real Estate PaymentsToAcquireOtherRealEstate	1579000	USD
CY2022Q1	us-gaap	Payments To Develop Real Estate Assets PaymentsToDevelopRealEstateAssets	3518000	USD
CY2021Q1	us-gaap	Payments To Develop Real Estate Assets PaymentsToDevelopRealEstateAssets	3027000	USD
CY2022Q1	us-gaap	Payments For Proceeds From Deposits On Real Estate Acquisitions PaymentsForProceedsFromDepositsOnRealEstateAcquisitions	54000	USD
CY2021Q1	us-gaap	Payments For Proceeds From Deposits On Real Estate Acquisitions PaymentsForProceedsFromDepositsOnRealEstateAcquisitions	800000	USD
CY2022Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-3572000	USD
CY2021Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-5406000	USD
CY2022Q1	us-gaap	Proceeds From Other Equity ProceedsFromOtherEquity	48823000	USD
CY2021Q1	us-gaap	Proceeds From Other Equity ProceedsFromOtherEquity	35868000	USD
CY2022Q1	us-gaap	Payments Of Stock Issuance Costs PaymentsOfStockIssuanceCosts	3285000	USD
CY2021Q1	us-gaap	Payments Of Stock Issuance Costs PaymentsOfStockIssuanceCosts	1447000	USD
CY2022Q1	us-gaap	Proceeds From Issuance Of Preferred Stock And Preference Stock ProceedsFromIssuanceOfPreferredStockAndPreferenceStock	0	USD
CY2021Q1	us-gaap	Proceeds From Issuance Of Preferred Stock And Preference Stock ProceedsFromIssuanceOfPreferredStockAndPreferenceStock	60375000	USD
CY2022Q1	us-gaap	Proceeds From Issuance Of Secured Debt ProceedsFromIssuanceOfSecuredDebt	5122000	USD
CY2021Q1	us-gaap	Proceeds From Issuance Of Secured Debt ProceedsFromIssuanceOfSecuredDebt	9903000	USD
CY2022Q1	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	12910000	USD
CY2021Q1	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	4973000	USD
CY2022Q1	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	708000	USD
CY2021Q1	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	2223000	USD
CY2022Q1	us-gaap	Payments Of Dividends Preferred Stock And Preference Stock PaymentsOfDividendsPreferredStockAndPreferenceStock	3599000	USD
CY2021Q1	us-gaap	Payments Of Dividends Preferred Stock And Preference Stock PaymentsOfDividendsPreferredStockAndPreferenceStock	2676000	USD
CY2022Q1	us-gaap	Payments To Minority Shareholders PaymentsToMinorityShareholders	28000	USD
CY2021Q1	us-gaap	Payments To Minority Shareholders PaymentsToMinorityShareholders	9000	USD
CY2022Q1	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	4664000	USD
CY2021Q1	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	3642000	USD
CY2022Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	28692000	USD
CY2021Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	62426000	USD
CY2022Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	32673000	USD
CY2021Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	63676000	USD
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	16708000	USD
CY2020Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	9218000	USD
CY2022Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	49381000	USD
CY2021Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	72894000	USD
CY2022Q1	land	Noncash Or Part Noncash Divestitures Noncontrolling Interest In Operating Partnerships NoncashOrPartNoncashDivestituresNoncontrollingInterestInOperatingPartnerships	0	USD
CY2021Q1	land	Noncash Or Part Noncash Divestitures Noncontrolling Interest In Operating Partnerships NoncashOrPartNoncashDivestituresNoncontrollingInterestInOperatingPartnerships	3970000	USD
CY2022Q1	land	Additions To Real Estate Included In Accounts Payable And Accrued Expenses And Contingent Consideration Owed AdditionsToRealEstateIncludedInAccountsPayableAndAccruedExpensesAndContingentConsiderationOwed	5162000	USD
CY2021Q1	land	Additions To Real Estate Included In Accounts Payable And Accrued Expenses And Contingent Consideration Owed AdditionsToRealEstateIncludedInAccountsPayableAndAccruedExpensesAndContingentConsiderationOwed	692000	USD
CY2022Q1	land	Common Stock Offering And Operating Partnership Unit Issuance Costs Included In Accounts Payable And Accrued Expenses CommonStockOfferingAndOperatingPartnershipUnitIssuanceCostsIncludedInAccountsPayableAndAccruedExpenses	22000	USD
CY2021Q1	land	Common Stock Offering And Operating Partnership Unit Issuance Costs Included In Accounts Payable And Accrued Expenses CommonStockOfferingAndOperatingPartnershipUnitIssuanceCostsIncludedInAccountsPayableAndAccruedExpenses	0	USD
CY2022Q1	land	Financing Fees Included In Accounts Payable And Accrued Liabilities FinancingFeesIncludedInAccountsPayableAndAccruedLiabilities	20000	USD
CY2021Q1	land	Financing Fees Included In Accounts Payable And Accrued Liabilities FinancingFeesIncludedInAccountsPayableAndAccruedLiabilities	165000	USD
CY2022Q1	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Before Tax Noncontrolling Interest OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTaxNoncontrollingInterest	-3694000	USD
CY2021Q1	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Before Tax Noncontrolling Interest OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTaxNoncontrollingInterest	-133000	USD
CY2022Q1	us-gaap	Stock Issued1 StockIssued1	119000	USD
CY2021Q1	us-gaap	Stock Issued1 StockIssued1	21000	USD
CY2022Q1	us-gaap	Depreciation Depreciation	8100000	USD
CY2022Q1	us-gaap	Use Of Estimates UseOfEstimates	<div style="margin-top:15pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">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. We base our estimates on historical experience and on various other assumptions that we believe to be reasonable under the circumstances, including the impact of extraordinary events, such as the ongoing coronavirus (“COVID-19”) pandemic, the results of which form the basis for making certain judgments. Actual results may materially differ from these estimates.</span></div>
CY2022Q1	land	Number Of Real Estate Farms NumberOfRealEstateFarms	164	farm
CY2022Q1	land	Number Of Real Estate Farms NumberOfRealEstateFarms	164	farm
CY2022Q1	us-gaap	Area Of Real Estate Property AreaOfRealEstateProperty	112542	acre
CY2022Q1	land	Farmable Area Of Land FarmableAreaOfLand	93326	acre
CY2022Q1	land	Sec Schedule Iii Real Estate Investment Property Including Intangible Assets Net SecScheduleIiiRealEstateInvestmentPropertyIncludingIntangibleAssetsNet	1317870000	USD
CY2022Q1	srt	Real Estate And Accumulated Depreciation Amount Of Encumbrances RealEstateAndAccumulatedDepreciationAmountOfEncumbrances	663894000	USD
CY2022Q1	us-gaap	Land And Land Improvements LandAndLandImprovements	813421000	USD
CY2021Q4	us-gaap	Land And Land Improvements LandAndLandImprovements	812830000	USD
CY2022Q1	land	Irrigation Equipment System IrrigationEquipmentSystem	331775000	USD
CY2021Q4	land	Irrigation Equipment System IrrigationEquipmentSystem	331969000	USD
CY2022Q1	land	Real Estate And Accumulated Depreciation Carrying Amount Of Horticulture RealEstateAndAccumulatedDepreciationCarryingAmountOfHorticulture	156915000	USD
CY2021Q4	land	Real Estate And Accumulated Depreciation Carrying Amount Of Horticulture RealEstateAndAccumulatedDepreciationCarryingAmountOfHorticulture	153688000	USD
CY2022Q1	us-gaap	Investment Building And Building Improvements InvestmentBuildingAndBuildingImprovements	46967000	USD
CY2021Q4	us-gaap	Investment Building And Building Improvements InvestmentBuildingAndBuildingImprovements	46804000	USD
CY2022Q1	land	Real Estate Other Site Improvements RealEstateOtherSiteImprovements	12679000	USD
CY2021Q4	land	Real Estate Other Site Improvements RealEstateOtherSiteImprovements	12509000	USD
CY2022Q1	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	1361757000	USD
CY2021Q4	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	1357800000	USD
CY2022Q1	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	81731000	USD
CY2021Q4	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	74002000	USD
CY2022Q1	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	1280026000	USD
CY2021Q4	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	1283798000	USD
CY2021Q1	us-gaap	Depreciation Depreciation	5700000	USD
CY2022Q1	us-gaap	Tenant Improvements TenantImprovements	2400000	USD
CY2021Q4	us-gaap	Tenant Improvements TenantImprovements	2500000	USD
CY2022Q1	land	Tenant Improvements Depreciationand Rental Revenue TenantImprovementsDepreciationandRentalRevenue	103000	USD
CY2021Q1	land	Tenant Improvements Depreciationand Rental Revenue TenantImprovementsDepreciationandRentalRevenue	98000	USD
CY2022Q1	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	4217000	USD
CY2021Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	3951000	USD
CY2022Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	266000	USD
CY2021Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	383000	USD
CY2022Q1	land	Amortization Of Above Market Lease AmortizationOfAboveMarketLease	82000	USD
CY2021Q1	land	Amortization Of Above Market Lease AmortizationOfAboveMarketLease	-44000	USD
CY2022Q1	us-gaap	Below Market Lease Period Increase Decrease BelowMarketLeasePeriodIncreaseDecrease	45000	USD
CY2021Q1	us-gaap	Below Market Lease Period Increase Decrease BelowMarketLeasePeriodIncreaseDecrease	36000	USD
CY2022Q1	land	Amount To Be Paid To Adviser In Percentage Of Pre Incentive Fee Condition Two AmountToBePaidToAdviserInPercentageOfPreIncentiveFeeConditionTwo	0.20
CY2021Q1	land	Asset Acquisition Assets Acquiredand Liabilities Assumed Net AssetAcquisitionAssetsAcquiredandLiabilitiesAssumedNet	5577000	USD
CY2021Q4	land	Numberof Impaired Properties NumberofImpairedProperties	0	property
CY2022Q1	land	Numberof Impaired Properties NumberofImpairedProperties	0	property
CY2022Q1	us-gaap	Long Term Debt LongTermDebt	660098000	USD
CY2021Q4	us-gaap	Long Term Debt LongTermDebt	667982000	USD
CY2021	land	Debt Instrument Basis Spreadon Variable Rate Increase Decrease DebtInstrumentBasisSpreadonVariableRateIncreaseDecrease	-0.0137
CY2021	land	Debt Instrument Basis Spreadon Variable Rate Increase Decrease DebtInstrumentBasisSpreadonVariableRateIncreaseDecrease	-0.0137
CY2022Q1	us-gaap	Interest Rate Cash Flow Hedge Gain Loss To Be Reclassified During Next12 Months Net InterestRateCashFlowHedgeGainLossToBeReclassifiedDuringNext12MonthsNet	204000	USD
CY2022Q1	land	Number Of Derivative Instruments NumberOfDerivativeInstruments	5	option
CY2021	land	Number Of Derivative Instruments NumberOfDerivativeInstruments	5	option
CY2022Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	3694000	USD
CY2021Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-1036000	USD
CY2022Q1	us-gaap	Increase Decrease In Fair Value Of Interest Rate Fair Value Hedging Instruments1 IncreaseDecreaseInFairValueOfInterestRateFairValueHedgingInstruments1	4730000	USD
CY2021Q1	us-gaap	Increase Decrease In Fair Value Of Interest Rate Fair Value Hedging Instruments1 IncreaseDecreaseInFairValueOfInterestRateFairValueHedgingInstruments1	1367000	USD
CY2022Q1	us-gaap	Increase Decrease In Fair Value Of Interest Rate Fair Value Hedging Instruments1 IncreaseDecreaseInFairValueOfInterestRateFairValueHedgingInstruments1	4730000	USD
CY2021Q1	us-gaap	Increase Decrease In Fair Value Of Interest Rate Fair Value Hedging Instruments1 IncreaseDecreaseInFairValueOfInterestRateFairValueHedgingInstruments1	1367000	USD
CY2021Q2	us-gaap	Stock Issued During Period Shares Conversion Of Convertible Securities StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities	850000	shares
CY2022Q1	land	Number Of Executive Officers Serving As Directors And Executive Officers Of Adviser And Administrator NumberOfExecutiveOfficersServingAsDirectorsAndExecutiveOfficersOfAdviserAndAdministrator	2	executiveOfficer
CY2022Q1	land	Maximum Annual Percentage Of Stockholders Equity To Pay Full Pre Incentive Fee To Adviser MaximumAnnualPercentageOfStockholdersEquityToPayFullPreIncentiveFeeToAdviser	0.0875
CY2022Q1	land	Amount To Be Paid To Adviser In Percentage Of Pre Incentive Fee Condition One AmountToBePaidToAdviserInPercentageOfPreIncentiveFeeConditionOne	1
CY2022Q1	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
CY2022Q1	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
CY2022Q1	land	Maximum Annual Percentage Of Stockholders Equity To Pay Full Pre Incentive Fee To Adviser MaximumAnnualPercentageOfStockholdersEquityToPayFullPreIncentiveFeeToAdviser	0.0875
CY2022Q1	land	Percentageof Incentive Feeson Capital Gains PercentageofIncentiveFeesonCapitalGains	0.15
CY2022Q1	land	Notice Period For Termination Of Agreement Without Cause NoticePeriodForTerminationOfAgreementWithoutCause	P120D
CY2022Q1	land	Termination Agreement Multiplier For Average Annual Base Management Fee TerminationAgreementMultiplierForAverageAnnualBaseManagementFee	3
CY2022Q1	land	Termination Agreement Period Prior To Termination TerminationAgreementPeriodPriorToTermination	P24M
CY2022Q1	us-gaap	Management Fee Expense ManagementFeeExpense	2037000	USD
CY2021Q1	us-gaap	Management Fee Expense ManagementFeeExpense	1369000	USD
CY2022Q1	us-gaap	Incentive Fee Expense IncentiveFeeExpense	1131000	USD
CY2021Q1	us-gaap	Incentive Fee Expense IncentiveFeeExpense	1162000	USD
CY2022Q1	land	Related Party Transaction Net Incentive Fees Paid And Credits Received RelatedPartyTransactionNetIncentiveFeesPaidAndCreditsReceived	3168000	USD
CY2021Q1	land	Related Party Transaction Net Incentive Fees Paid And Credits Received RelatedPartyTransactionNetIncentiveFeesPaidAndCreditsReceived	2531000	USD
CY2022Q1	land	Administration Fee AdministrationFee	463000	USD
CY2022Q1	land	Selling Commissionsand Dealer Manager Fees SellingCommissionsandDealerManagerFees	3178000	USD
CY2021Q1	land	Administration Fee AdministrationFee	357000	USD
CY2021Q1	land	Selling Commissionsand Dealer Manager Fees SellingCommissionsandDealerManagerFees	1144000	USD
CY2022Q1	land	Financing Fee FinancingFee	94000	USD
CY2021Q1	land	Financing Fee FinancingFee	17000	USD
CY2022Q1	land	Management Feesand Financing Fees ManagementFeesandFinancingFees	3272000	USD
CY2021Q1	land	Management Feesand Financing Fees ManagementFeesandFinancingFees	1161000	USD
CY2022Q1	land	Management Fee Due To Advisor ManagementFeeDueToAdvisor	2037000	USD
CY2021Q4	land	Management Fee Due To Advisor ManagementFeeDueToAdvisor	1836000	USD
CY2022Q1	land	Incentive Feedueto Advisor IncentiveFeeduetoAdvisor	1131000	USD
CY2021Q4	land	Incentive Feedueto Advisor IncentiveFeeduetoAdvisor	1793000	USD
CY2022Q1	land	Other Due To Advisor OtherDueToAdvisor	111000	USD
CY2021Q4	land	Other Due To Advisor OtherDueToAdvisor	95000	USD
CY2022Q1	land	Due To From Adviser DueToFromAdviser	3279000	USD
CY2021Q4	land	Due To From Adviser DueToFromAdviser	3724000	USD
CY2021Q1	land	Weighted Average Number Of Operating Partnership Units Held By Noncontrolling Interest WeightedAverageNumberOfOperatingPartnershipUnitsHeldByNoncontrollingInterest	47782	shares
CY2022Q1	land	Administrative Fee Due To Administrator AdministrativeFeeDueToAdministrator	463000	USD
CY2021Q4	land	Administrative Fee Due To Administrator AdministrativeFeeDueToAdministrator	411000	USD
CY2022Q1	land	Cumulative Accruedbut Unpaid Priorto Administrative Fee Due To Administrator CumulativeAccruedbutUnpaidPriortoAdministrativeFeeDueToAdministrator	185000	USD
CY2021Q4	land	Cumulative Accruedbut Unpaid Priorto Administrative Fee Due To Administrator CumulativeAccruedbutUnpaidPriortoAdministrativeFeeDueToAdministrator	89000	USD
CY2022Q1	land	Fee Due To Administrator FeeDueToAdministrator	648000	USD
CY2021Q4	land	Fee Due To Administrator FeeDueToAdministrator	500000	USD
CY2022Q1	land	Due To Related Parties Miscellaneous Costs DueToRelatedPartiesMiscellaneousCosts	5000	USD
CY2021Q4	land	Due To Related Parties Miscellaneous Costs DueToRelatedPartiesMiscellaneousCosts	0	USD
CY2022Q1	us-gaap	Due To Related Parties Current And Noncurrent DueToRelatedPartiesCurrentAndNoncurrent	3932000	USD
CY2021Q4	us-gaap	Due To Related Parties Current And Noncurrent DueToRelatedPartiesCurrentAndNoncurrent	4224000	USD
CY2022Q1	us-gaap	Lessee Operating Lease Liability Payments Remainder Of Fiscal Year LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear	40000	USD
CY2022Q1	us-gaap	Lessee Operating Lease Liability Payments Due Next Twelve Months LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths	92000	USD
CY2022Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Two LesseeOperatingLeaseLiabilityPaymentsDueYearTwo	92000	USD
CY2022Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Three LesseeOperatingLeaseLiabilityPaymentsDueYearThree	62000	USD
CY2022Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Four LesseeOperatingLeaseLiabilityPaymentsDueYearFour	62000	USD
CY2022Q1	us-gaap	Lessee Operating Lease Liability Payments Due Year Five LesseeOperatingLeaseLiabilityPaymentsDueYearFive	62000	USD
CY2022Q1	us-gaap	Lessee Operating Lease Liability Payments Due After Year Five LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive	693000	USD
CY2022Q1	us-gaap	Lessee Operating Lease Liability Payments Due LesseeOperatingLeaseLiabilityPaymentsDue	1103000	USD
CY2022Q1	us-gaap	Lessee Operating Lease Liability Undiscounted Excess Amount LesseeOperatingLeaseLiabilityUndiscountedExcessAmount	479000	USD
CY2022Q1	us-gaap	Operating Lease Liability OperatingLeaseLiability	624000	USD
CY2022Q1	land	Finance Lease Cost FinanceLeaseCost	23000	USD
CY2021Q1	land	Finance Lease Cost FinanceLeaseCost	14000	USD
CY2021Q1	land	Partners Capital Account Units Issued PartnersCapitalAccountUnitsIssued	204778	shares
CY2021Q1	us-gaap	Mandatorily Redeemable Preferred Stock Fair Value Disclosure MandatorilyRedeemablePreferredStockFairValueDisclosure	4000000	USD
CY2021Q1	land	Partners Capital Account Weighted Average Issuance Price PartnersCapitalAccountWeightedAverageIssuancePrice	19.42
CY2022Q1	us-gaap	Operating Lease Lease Income Lease Payments OperatingLeaseLeaseIncomeLeasePayments	19938000	USD
CY2021Q1	us-gaap	Operating Lease Lease Income Lease Payments OperatingLeaseLeaseIncomeLeasePayments	15979000	USD
CY2022Q1	us-gaap	Operating Lease Variable Lease Income OperatingLeaseVariableLeaseIncome	5000	USD
CY2021Q1	us-gaap	Operating Lease Variable Lease Income OperatingLeaseVariableLeaseIncome	55000	USD
CY2022Q1	us-gaap	Operating Lease Lease Income OperatingLeaseLeaseIncome	19943000	USD
CY2021Q1	us-gaap	Operating Lease Lease Income OperatingLeaseLeaseIncome	16034000	USD
CY2022Q1	us-gaap	Payments For Rent PaymentsForRent	0	USD
CY2022Q1	us-gaap	Payments For Rent PaymentsForRent	0	USD
CY2021Q1	us-gaap	Payments For Rent PaymentsForRent	26000	USD
CY2022Q1	land	Tenant Reimbursements TenantReimbursements	5000	USD
CY2021Q1	land	Tenant Reimbursements TenantReimbursements	29000	USD
CY2021Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.08
CY2021Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.08
CY2022Q1	land	Weighted Average Number Of Operating Partnership Units Held By Noncontrolling Interest WeightedAverageNumberOfOperatingPartnershipUnitsHeldByNoncontrollingInterest	204778	shares
CY2022Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-2737000	USD
CY2021Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-2211000	USD
CY2022Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	34285002	shares
CY2022Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	34285002	shares
CY2021Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	26874630	shares
CY2021Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	26874630	shares
CY2022Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.08
CY2022Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.08

Files In Submission

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R13.htm	Edgar Link	pending
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$LAND
GLADSTONE LAND Corp Stock $land

2022 Q2 Form 10-Q Financial Statement

#000149524022000009 Filed on May 10, 2022

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$LAND GLADSTONE LAND Corp Stock $land

2022 Q2 Form 10-Q Financial Statement

#000149524022000009 Filed on May 10, 2022

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$LAND
GLADSTONE LAND Corp Stock $land