$LAND
GLADSTONE LAND Corp Stock $land

$land Overview Financials Valuation SEC Filings Company Website

2023 Q2 Form 10-Q Financial Statement

#000149524023000012 Filed on May 08, 2023

Income Statement

Concept	2023 Q2	2023 Q1
Revenue	$21.21M	$21.20M
YoY Change	4.52%	6.31%
Cost Of Revenue	$3.009M	$3.252M
YoY Change	10.83%	19.69%
Gross Profit	$18.20M	$17.95M
YoY Change	3.54%	4.2%
Gross Profit Margin	85.81%	84.66%
Selling, General & Admin	$1.256M	$1.367M
YoY Change	10.08%	-37.64%
% of Gross Profit	6.9%	7.62%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$9.044M	$9.119M
YoY Change	7.77%	9.26%
% of Gross Profit	49.69%	50.8%
Operating Expenses	$10.30M	$13.76M
YoY Change	8.05%	2.94%
Operating Profit	$7.901M	$4.193M
YoY Change	-1.79%	8.57%
Interest Expense	-$6.730M	$6.036M
YoY Change	-7.53%	-6.39%
% of Operating Profit	-85.18%	143.95%
Other Income/Expense, Net	$364.0K	-$5.695M
YoY Change	477.78%	5.62%
Pretax Income	$7.855M	$1.750M
YoY Change	1181.4%	47.43%
Income Tax
% Of Pretax Income
Net Earnings	$1.727M	$1.750M
YoY Change	180.36%	48.56%
Net Earnings / Revenue	8.14%	8.25%
Basic Earnings Per Share	$0.05	-$0.12
Diluted Earnings Per Share	$0.05	-$0.12
COMMON SHARES
Basic Shares Outstanding	35.71M shares	35.71M shares
Diluted Shares Outstanding	35.72M shares	35.55M shares

Balance Sheet

Concept	2023 Q2	2023 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$48.21M	$38.73M
YoY Change	-0.49%	-21.57%
Cash & Equivalents	$48.21M	$38.73M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets	$48.21M	$38.73M
YoY Change	-0.49%	-21.57%
LONG-TERM ASSETS
Property, Plant & Equipment	$1.309B	$1.316B
YoY Change	0.65%	2.82%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$5.800M	$5.800M
YoY Change	87.1%	87.1%
Other Assets
YoY Change
Total Long-Term Assets	$1.381B	$1.388B
YoY Change	1.37%	3.84%
TOTAL ASSETS
Total Short-Term Assets	$48.21M	$38.73M
Total Long-Term Assets	$1.381B	$1.388B
Total Assets	$1.429B	$1.426B
YoY Change	1.31%	2.94%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$14.10M	$9.674M
YoY Change	-3.29%	-23.87%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$17.19M	$12.71M
YoY Change	-2.04%	-23.63%
LONG-TERM LIABILITIES
Long-Term Debt	$653.1M	$658.3M
YoY Change	-9.4%	-8.43%
Other Long-Term Liabilities	$23.54M	$20.60M
YoY Change	17.74%	12.62%
Total Long-Term Liabilities	$676.6M	$678.9M
YoY Change	-8.67%	-7.91%
TOTAL LIABILITIES
Total Short-Term Liabilities	$17.19M	$12.71M
Total Long-Term Liabilities	$676.6M	$678.9M
Total Liabilities	$693.8M	$691.6M
YoY Change	-8.52%	-8.26%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock	$853.0M	$851.1M
YoY Change		19.23%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$734.9M	$734.9M
YoY Change
Total Liabilities & Shareholders Equity	$1.429B	$1.426B
YoY Change	1.31%	2.94%

Cashflow Statement

Concept	2023 Q2	2023 Q1
OPERATING ACTIVITIES
Net Income	$1.727M	$1.750M
YoY Change	180.36%	48.56%
Depreciation, Depletion And Amortization	$9.044M	$9.119M
YoY Change	7.77%	9.26%
Cash From Operating Activities	$17.86M	$4.714M
YoY Change	51.36%	-37.59%
INVESTING ACTIVITIES
Capital Expenditures	$2.820M	$2.871M
YoY Change	-109.12%	-181.61%
Acquisitions
YoY Change
Other Investing Activities	$8.937M	-$145.0K
YoY Change	-1464.43%	168.52%
Cash From Investing Activities	$6.117M	-$3.016M
YoY Change	-119.37%	-15.57%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-14.50M	-$24.11M
YoY Change	-176.98%	-184.03%
NET CHANGE
Cash From Operating Activities	17.86M	$4.714M
Cash From Investing Activities	6.117M	-$3.016M
Cash From Financing Activities	-14.50M	-$24.11M
Net Change In Cash	9.480M	-$22.41M
YoY Change	-1111.74%	-168.6%
FREE CASH FLOW
Cash From Operating Activities	$17.86M	$4.714M
Capital Expenditures	$2.820M	$2.871M
Free Cash Flow	$15.04M	$1.843M
YoY Change	-64.79%	-83.35%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2023Q1	dei	Entity Central Index Key EntityCentralIndexKey	0001495240
CY2023Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2023
CY2023Q1	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2023Q1	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2023Q1	dei	Amendment Flag AmendmentFlag	false
CY2023Q1	land	Termination Agreement Percentage Of Independent Directors TerminationAgreementPercentageOfIndependentDirectors	0.6667
CY2023Q1	dei	Document Type DocumentType	10-Q
CY2023Q1	dei	Document Quarterly Report DocumentQuarterlyReport	true
CY2023Q1	dei	Document Period End Date DocumentPeriodEndDate	2023-03-31
CY2023Q1	dei	Document Transition Report DocumentTransitionReport	false
CY2023Q1	dei	Entity File Number EntityFileNumber	001-35795
CY2023Q1	dei	Entity Registrant Name EntityRegistrantName	GLADSTONE LAND CORP
CY2023Q1	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	MD
CY2023Q1	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	54-1892552
CY2023Q1	dei	Entity Address Address Line1 EntityAddressAddressLine1	1521 Westbranch Drive,
CY2023Q1	dei	Entity Address Address Line2 EntityAddressAddressLine2	Suite 100
CY2023Q1	dei	Entity Address City Or Town EntityAddressCityOrTown	McLean,
CY2023Q1	dei	Entity Address State Or Province EntityAddressStateOrProvince	VA
CY2023Q1	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	22102
CY2023Q1	dei	City Area Code CityAreaCode	703
CY2023Q1	dei	Local Phone Number LocalPhoneNumber	287-5800
CY2023Q1	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2023Q1	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
CY2023Q1	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
CY2023Q1	dei	Entity Small Business EntitySmallBusiness	false
CY2023Q1	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
CY2023Q1	dei	Entity Shell Company EntityShellCompany	false
CY2023Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	35713982	shares
CY2023Q1	dei	Document Period End Date DocumentPeriodEndDate	2023-03-31
CY2023Q1	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	1431761000	usd
CY2022Q4	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	1432394000	usd
CY2023Q1	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	115578000	usd
CY2022Q4	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	106966000	usd
CY2023Q1	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	1316183000	usd
CY2022Q4	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	1325428000	usd
CY2023Q1	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	5518000	usd
CY2022Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	5702000	usd
CY2023Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	38728000	usd
CY2022Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	61141000	usd
CY2023Q1	us-gaap	Other Assets OtherAssets	66021000	usd
CY2022Q4	us-gaap	Other Assets OtherAssets	64980000	usd
CY2023Q1	us-gaap	Assets Assets	1426450000	usd
CY2022Q4	us-gaap	Assets Assets	1457251000	usd
CY2023Q1	us-gaap	Line Of Credit LineOfCredit	100000	usd
CY2022Q4	us-gaap	Line Of Credit LineOfCredit	100000	usd
CY2023Q1	us-gaap	Secured Long Term Debt SecuredLongTermDebt	598957000	usd
CY2022Q4	us-gaap	Secured Long Term Debt SecuredLongTermDebt	626400000	usd
CY2023Q1	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	9674000	usd
CY2022Q4	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	16266000	usd
CY2023Q1	us-gaap	Due To Related Parties Current And Noncurrent DueToRelatedPartiesCurrentAndNoncurrent	3034000	usd
CY2022Q4	us-gaap	Due To Related Parties Current And Noncurrent DueToRelatedPartiesCurrentAndNoncurrent	4370000	usd
CY2023Q1	us-gaap	Other Liabilities OtherLiabilities	20595000	usd
CY2022Q4	us-gaap	Other Liabilities OtherLiabilities	19646000	usd
CY2023Q1	us-gaap	Liabilities Liabilities	691570000	usd
CY2022Q4	us-gaap	Liabilities Liabilities	725889000	usd
CY2023Q1	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		usd
CY2022Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		usd
CY2022Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2023Q1	us-gaap	Incentive Fee Expense IncentiveFeeExpense	0	usd
CY2022Q1	us-gaap	Incentive Fee Expense IncentiveFeeExpense	1131000	usd
CY2023Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2023Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	48002408	shares
CY2023Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	35713982	shares
CY2023Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	35713982	shares
CY2022Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	47992588	shares
CY2022Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	35050397	shares
CY2022Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	35050397	shares
CY2023Q1	us-gaap	Common Stock Value CommonStockValue	36000	usd
CY2022Q4	us-gaap	Common Stock Value CommonStockValue	35000	usd
CY2023Q1	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	851063000	usd
CY2022Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	836674000	usd
CY2023Q1	us-gaap	Accumulated Distributions In Excess Of Net Income AccumulatedDistributionsInExcessOfNetIncome	123594000	usd
CY2022Q4	us-gaap	Accumulated Distributions In Excess Of Net Income AccumulatedDistributionsInExcessOfNetIncome	114370000	usd
CY2023Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	7359000	usd
CY2022Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	9007000	usd
CY2023Q1	us-gaap	Stockholders Equity StockholdersEquity	734880000	usd
CY2022Q4	us-gaap	Stockholders Equity StockholdersEquity	731362000	usd
CY2023Q1	us-gaap	Minority Interest In Operating Partnerships MinorityInterestInOperatingPartnerships	0	usd
CY2022Q4	us-gaap	Minority Interest In Operating Partnerships MinorityInterestInOperatingPartnerships	0	usd
CY2023Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	734880000	usd
CY2022Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	731362000	usd
CY2023Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	1426450000	usd
CY2022Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	1457251000	usd
CY2023Q1	us-gaap	Lease Income LeaseIncome	21202000	usd
CY2022Q1	us-gaap	Lease Income LeaseIncome	19943000	usd
CY2023Q1	us-gaap	Revenues Revenues	21202000	usd
CY2022Q1	us-gaap	Revenues Revenues	19943000	usd
CY2023Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	9119000	usd
CY2022Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	8346000	usd
CY2023Q1	land	Property Operating Expenses PropertyOperatingExpenses	1128000	usd
CY2022Q1	land	Property Operating Expenses PropertyOperatingExpenses	703000	usd
CY2023Q1	us-gaap	Management Fee Expense ManagementFeeExpense	2149000	usd
CY2022Q1	us-gaap	Management Fee Expense ManagementFeeExpense	2037000	usd
CY2023Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	-27000	usd
CY2023Q1	land	Administration Fee AdministrationFee	575000	usd
CY2022Q1	land	Administration Fee AdministrationFee	463000	usd
CY2023Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	786000	usd
CY2022Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	684000	usd
CY2023Q1	us-gaap	Operating Expenses OperatingExpenses	13757000	usd
CY2022Q1	us-gaap	Operating Expenses OperatingExpenses	13364000	usd
CY2023Q1	us-gaap	Other Nonoperating Income OtherNonoperatingIncome	2620000	usd
CY2022Q1	us-gaap	Other Nonoperating Income OtherNonoperatingIncome	2767000	usd
CY2023Q1	us-gaap	Interest Expense InterestExpense	6036000	usd
CY2022Q1	us-gaap	Interest Expense InterestExpense	6448000	usd
CY2023Q1	us-gaap	Redeemable Preferred Stock Dividends RedeemablePreferredStockDividends	755000	usd
CY2022Q1	us-gaap	Redeemable Preferred Stock Dividends RedeemablePreferredStockDividends	755000	usd
CY2023Q1	us-gaap	Gains Losses On Sales Of Investment Real Estate GainsLossesOnSalesOfInvestmentRealEstate	-481000	usd
CY2022Q1	us-gaap	Gains Losses On Sales Of Investment Real Estate GainsLossesOnSalesOfInvestmentRealEstate	-976000	usd
CY2023Q1	land	Gain Loss On Business Interruption Insurance Recovery GainLossOnBusinessInterruptionInsuranceRecovery	-1016000	usd
CY2022Q1	land	Gain Loss On Business Interruption Insurance Recovery GainLossOnBusinessInterruptionInsuranceRecovery	49000	usd
CY2022Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	5908000	usd
CY2023Q1	dei	Document Period End Date DocumentPeriodEndDate	2023-03-31
CY2022Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	-29000	usd
CY2023Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-5695000	usd
CY2022Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-5392000	usd
CY2023Q1	us-gaap	Profit Loss ProfitLoss	1750000	usd
CY2022Q1	us-gaap	Profit Loss ProfitLoss	1187000	usd
CY2023Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	0	usd
CY2022Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	9000	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	1750000	usd
CY2022Q1	us-gaap	Net Income Loss NetIncomeLoss	1178000	usd
CY2023Q1	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	6068000	usd
CY2022Q1	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	3912000	usd
CY2023Q1	us-gaap	Other Preferred Stock Dividends And Adjustments OtherPreferredStockDividendsAndAdjustments	2000	usd
CY2022Q1	us-gaap	Other Preferred Stock Dividends And Adjustments OtherPreferredStockDividendsAndAdjustments	3000	usd
CY2023Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-4320000	usd
CY2022Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-2737000	usd
CY2023Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.12
CY2023Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.12
CY2022Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.08
CY2022Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.08
CY2023Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	35547397	shares
CY2023Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	35547397	shares
CY2022Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	34285002	shares
CY2022Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	34285002	shares
CY2023Q1	us-gaap	Profit Loss ProfitLoss	1750000	usd
CY2022Q1	us-gaap	Profit Loss ProfitLoss	1187000	usd
CY2023Q1	us-gaap	Increase Decrease In Fair Value Of Interest Rate Fair Value Hedging Instruments1 IncreaseDecreaseInFairValueOfInterestRateFairValueHedgingInstruments1	-1648000	usd
CY2022Q1	us-gaap	Increase Decrease In Fair Value Of Interest Rate Fair Value Hedging Instruments1 IncreaseDecreaseInFairValueOfInterestRateFairValueHedgingInstruments1	4730000	usd
CY2023Q1	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	102000	usd
CY2022Q1	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	5917000	usd
CY2023Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	0	usd
CY2022Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	9000	usd
CY2023Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	102000	usd
CY2022Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	731362000	usd
CY2023Q1	us-gaap	Profit Loss ProfitLoss	1750000	usd
CY2023Q1	us-gaap	Dividends Preferred Stock DividendsPreferredStock	6068000	usd
CY2023Q1	land	Stockholders Equity Decreasefrom Distributions StockholdersEquityDecreasefromDistributions	4904000	usd
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CY2023Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	734880000	usd
CY2021Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	589066000	usd
CY2022Q1	us-gaap	Profit Loss ProfitLoss	1187000	usd
CY2022Q1	us-gaap	Dividends Preferred Stock DividendsPreferredStock	3912000	usd
CY2022Q1	land	Stockholders Equity Decreasefrom Distributions StockholdersEquityDecreasefromDistributions	4692000	usd
CY2022Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	4730000	usd
CY2022Q1	land	Noncontrolling Interest Increase Decrease From Changes In Ownership Of Subsidiary NoncontrollingInterestIncreaseDecreaseFromChangesInOwnershipOfSubsidiary	0	usd
CY2022Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	631925000	usd
CY2023Q1	us-gaap	Profit Loss ProfitLoss	1750000	usd
CY2022Q1	us-gaap	Profit Loss ProfitLoss	1187000	usd
CY2023Q1	land	Depreciation Depletionand Amortization Excluding Operating Lease Rightof Use Asset Amortization Expenseand Debt Issuance Costs DepreciationDepletionandAmortizationExcludingOperatingLeaseRightofUseAssetAmortizationExpenseandDebtIssuanceCosts	9119000	usd
CY2022Q1	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	1558000	usd
CY2022Q1	land	Depreciation Depletionand Amortization Excluding Operating Lease Rightof Use Asset Amortization Expenseand Debt Issuance Costs DepreciationDepletionandAmortizationExcludingOperatingLeaseRightofUseAssetAmortizationExpenseandDebtIssuanceCosts	8346000	usd
CY2023Q1	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	261000	usd
CY2022Q1	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	271000	usd
CY2023Q1	land	Amortization Of Deferred Rent Asset And Liability Net AmortizationOfDeferredRentAssetAndLiabilityNet	-32000	usd
CY2022Q1	land	Amortization Of Deferred Rent Asset And Liability Net AmortizationOfDeferredRentAssetAndLiabilityNet	-67000	usd
CY2023Q1	land	Operating Lease Right Of Use Asset Operating Lease Liabilities Amortization Expense OperatingLeaseRightOfUseAssetOperatingLeaseLiabilitiesAmortizationExpense	-23000	usd
CY2022Q1	land	Operating Lease Right Of Use Asset Operating Lease Liabilities Amortization Expense OperatingLeaseRightOfUseAssetOperatingLeaseLiabilitiesAmortizationExpense	-23000	usd
CY2023Q1	us-gaap	Income Loss From Equity Method Investments Net Of Dividends Or Distributions IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions	-27000	usd
CY2022Q1	us-gaap	Income Loss From Equity Method Investments Net Of Dividends Or Distributions IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions	-29000	usd
CY2023Q1	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	32000	usd
CY2022Q1	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	67000	usd
CY2023Q1	us-gaap	Gain Loss On Disposition Of Real Estate Discontinued Operations GainLossOnDispositionOfRealEstateDiscontinuedOperations	-481000	usd
CY2022Q1	us-gaap	Gain Loss On Disposition Of Real Estate Discontinued Operations GainLossOnDispositionOfRealEstateDiscontinuedOperations	-976000	usd
CY2023Q1	land	Gain Loss On Business Interruption Insurance Recovery GainLossOnBusinessInterruptionInsuranceRecovery	-1016000	usd
CY2022Q1	land	Gain Loss On Business Interruption Insurance Recovery GainLossOnBusinessInterruptionInsuranceRecovery	49000	usd
CY2023Q1	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	2586000	usd
CY2023Q1	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-6367000	usd
CY2022Q1	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-344000	usd
CY2023Q1	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	990000	usd
CY2022Q1	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	-1328000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	4714000	usd
CY2022Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	7553000	usd
CY2023Q1	us-gaap	Payments To Develop Real Estate Assets PaymentsToDevelopRealEstateAssets	2871000	usd
CY2022Q1	us-gaap	Payments To Develop Real Estate Assets PaymentsToDevelopRealEstateAssets	3518000	usd
CY2023Q1	us-gaap	Payments For Proceeds From Deposits On Real Estate Acquisitions PaymentsForProceedsFromDepositsOnRealEstateAcquisitions	145000	usd
CY2022Q1	us-gaap	Payments For Proceeds From Deposits On Real Estate Acquisitions PaymentsForProceedsFromDepositsOnRealEstateAcquisitions	54000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-3016000	usd
CY2022Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-3572000	usd
CY2023Q1	us-gaap	Proceeds From Issuance Of Secured Debt ProceedsFromIssuanceOfSecuredDebt	0	usd
CY2022Q1	us-gaap	Proceeds From Issuance Of Secured Debt ProceedsFromIssuanceOfSecuredDebt	5122000	usd
CY2023Q1	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	27570000	usd
CY2022Q1	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	12910000	usd
CY2023Q1	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	0	usd
CY2022Q1	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	708000	usd
CY2023Q1	us-gaap	Proceeds From Other Equity ProceedsFromOtherEquity	14690000	usd
CY2022Q1	us-gaap	Proceeds From Other Equity ProceedsFromOtherEquity	48823000	usd
CY2023Q1	us-gaap	Payments Of Stock Issuance Costs PaymentsOfStockIssuanceCosts	361000	usd
CY2022Q1	us-gaap	Payments Of Stock Issuance Costs PaymentsOfStockIssuanceCosts	3285000	usd
CY2023Q1	us-gaap	Payments For Repurchase Of Preferred Stock And Preference Stock PaymentsForRepurchaseOfPreferredStockAndPreferenceStock	225000	usd
CY2022Q1	us-gaap	Payments For Repurchase Of Preferred Stock And Preference Stock PaymentsForRepurchaseOfPreferredStockAndPreferenceStock	59000	usd
CY2023Q1	us-gaap	Payments Of Dividends Preferred Stock And Preference Stock PaymentsOfDividendsPreferredStockAndPreferenceStock	5741000	usd
CY2022Q1	us-gaap	Payments Of Dividends Preferred Stock And Preference Stock PaymentsOfDividendsPreferredStockAndPreferenceStock	3599000	usd
CY2023Q1	us-gaap	Payments To Minority Shareholders PaymentsToMinorityShareholders	0	usd
CY2022Q1	us-gaap	Payments To Minority Shareholders PaymentsToMinorityShareholders	28000	usd
CY2023Q1	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	4904000	usd
CY2022Q1	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	4664000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-24111000	usd
CY2022Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	28692000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-22413000	usd
CY2022Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	32673000	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	61141000	usd
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	16708000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	38728000	usd
CY2022Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	49381000	usd
CY2023Q1	land	Additions To Real Estate Included In Accounts Payable And Accrued Expenses And Contingent Consideration Owed AdditionsToRealEstateIncludedInAccountsPayableAndAccruedExpensesAndContingentConsiderationOwed	712000	usd
CY2022Q1	land	Additions To Real Estate Included In Accounts Payable And Accrued Expenses And Contingent Consideration Owed AdditionsToRealEstateIncludedInAccountsPayableAndAccruedExpensesAndContingentConsiderationOwed	5162000	usd
CY2023Q1	land	Common Stock Offering And Operating Partnership Unit Issuance Costs Included In Accounts Payable And Accrued Expenses CommonStockOfferingAndOperatingPartnershipUnitIssuanceCostsIncludedInAccountsPayableAndAccruedExpenses	93000	usd
CY2022Q1	land	Common Stock Offering And Operating Partnership Unit Issuance Costs Included In Accounts Payable And Accrued Expenses CommonStockOfferingAndOperatingPartnershipUnitIssuanceCostsIncludedInAccountsPayableAndAccruedExpenses	22000	usd
CY2023Q1	land	Financing Fees Included In Accounts Payable And Accrued Liabilities FinancingFeesIncludedInAccountsPayableAndAccruedLiabilities	0	usd
CY2022Q1	land	Financing Fees Included In Accounts Payable And Accrued Liabilities FinancingFeesIncludedInAccountsPayableAndAccruedLiabilities	20000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Before Tax Noncontrolling Interest OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTaxNoncontrollingInterest	-7359000	usd
CY2022Q1	us-gaap	Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Before Tax Noncontrolling Interest OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTaxNoncontrollingInterest	-3694000	usd
CY2023Q1	us-gaap	Stock Issued1 StockIssued1	320000	usd
CY2022Q1	us-gaap	Stock Issued1 StockIssued1	119000	usd
CY2023Q1	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, the results of which form the basis for making certain judgments. Actual results may materially differ from these estimates.</span></div>
CY2023Q1	dei	Document Period End Date DocumentPeriodEndDate	2023-03-31
CY2023Q1	land	Number Of Real Estate Farms NumberOfRealEstateFarms	169	farm
CY2023Q1	dei	Document Period End Date DocumentPeriodEndDate	2023-03-31
CY2023Q1	us-gaap	Depreciation Depreciation	8900000	usd
CY2023Q1	land	Number Of Real Estate Farms NumberOfRealEstateFarms	169	farm
CY2023Q1	us-gaap	Area Of Real Estate Property AreaOfRealEstateProperty	115731	acre
CY2023Q1	land	Farmable Area Of Land FarmableAreaOfLand	96138	acre
CY2023Q1	land	Area Of Water AreaOfWater	45000	acre
CY2023Q1	land	Sec Schedule Iii Real Estate Investment Property Including Intangible Assets Net SecScheduleIiiRealEstateInvestmentPropertyIncludingIntangibleAssetsNet	1361141000	usd
CY2023Q1	srt	Real Estate And Accumulated Depreciation Amount Of Encumbrances RealEstateAndAccumulatedDepreciationAmountOfEncumbrances	602384000	usd
CY2023Q1	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	3300000	usd
CY2023Q1	dei	Document Period End Date DocumentPeriodEndDate	2023-03-31
CY2023Q1	dei	Document Period End Date DocumentPeriodEndDate	2023-03-31
CY2023Q1	dei	Document Period End Date DocumentPeriodEndDate	2023-03-31
CY2023Q1	dei	Document Period End Date DocumentPeriodEndDate	2023-03-31
CY2023Q1	dei	Document Period End Date DocumentPeriodEndDate	2023-03-31
CY2023Q1	dei	Document Period End Date DocumentPeriodEndDate	2023-03-31
CY2023Q1	us-gaap	Land And Land Improvements LandAndLandImprovements	845684000	usd
CY2022Q4	us-gaap	Land And Land Improvements LandAndLandImprovements	845779000	usd
CY2023Q1	land	Irrigation Equipment System IrrigationEquipmentSystem	358259000	usd
CY2022Q4	land	Irrigation Equipment System IrrigationEquipmentSystem	358249000	usd
CY2023Q1	land	Real Estate And Accumulated Depreciation Carrying Amount Of Horticulture RealEstateAndAccumulatedDepreciationCarryingAmountOfHorticulture	165673000	usd
CY2022Q4	land	Real Estate And Accumulated Depreciation Carrying Amount Of Horticulture RealEstateAndAccumulatedDepreciationCarryingAmountOfHorticulture	165438000	usd
CY2023Q1	us-gaap	Investment Building And Building Improvements InvestmentBuildingAndBuildingImprovements	48760000	usd
CY2022Q4	us-gaap	Investment Building And Building Improvements InvestmentBuildingAndBuildingImprovements	48690000	usd
CY2023Q1	land	Real Estate Other Site Improvements RealEstateOtherSiteImprovements	13385000	usd
CY2022Q4	land	Real Estate Other Site Improvements RealEstateOtherSiteImprovements	14238000	usd
CY2023Q1	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	1431761000	usd
CY2022Q4	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	1432394000	usd
CY2023Q1	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	115578000	usd
CY2022Q4	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	106966000	usd
CY2023Q1	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	1316183000	usd
CY2022Q4	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	1325428000	usd
CY2022Q1	us-gaap	Depreciation Depreciation	8100000	usd
CY2023Q1	dei	Document Period End Date DocumentPeriodEndDate	2023-03-31
CY2023Q1	us-gaap	Tenant Improvements TenantImprovements	2900000	usd
CY2022Q4	us-gaap	Tenant Improvements TenantImprovements	3000000	usd
CY2023Q1	land	Tenant Improvements Depreciationand Rental Revenue TenantImprovementsDepreciationandRentalRevenue	148000	usd
CY2022Q1	land	Tenant Improvements Depreciationand Rental Revenue TenantImprovementsDepreciationandRentalRevenue	103000	usd
CY2023Q1	dei	Document Period End Date DocumentPeriodEndDate	2023-03-31
CY2023Q1	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	4825000	usd
CY2022Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	4577000	usd
CY2023Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	252000	usd
CY2022Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	266000	usd
CY2023Q1	dei	Document Period End Date DocumentPeriodEndDate	2023-03-31
CY2023Q1	dei	Document Period End Date DocumentPeriodEndDate	2023-03-31
CY2023Q1	land	Amortization Of Above Market Lease AmortizationOfAboveMarketLease	159000	usd
CY2022Q1	land	Amortization Of Above Market Lease AmortizationOfAboveMarketLease	82000	usd
CY2023Q1	us-gaap	Below Market Lease Period Increase Decrease BelowMarketLeasePeriodIncreaseDecrease	-44000	usd
CY2022Q1	us-gaap	Below Market Lease Period Increase Decrease BelowMarketLeasePeriodIncreaseDecrease	-45000	usd
CY2023Q1	dei	Document Period End Date DocumentPeriodEndDate	2023-03-31
CY2023Q1	land	Asset Acquisition Pro Forma Information Earningsor Lossof Acquireesince Acquisition Date Actual AssetAcquisitionProFormaInformationEarningsorLossofAcquireesinceAcquisitionDateActual	27000	usd
CY2022Q1	land	Asset Acquisition Pro Forma Information Earningsor Lossof Acquireesince Acquisition Date Actual AssetAcquisitionProFormaInformationEarningsorLossofAcquireesinceAcquisitionDateActual	29000	usd
CY2023Q1	dei	Document Period End Date DocumentPeriodEndDate	2023-03-31
CY2023Q1	dei	Document Period End Date DocumentPeriodEndDate	2023-03-31
CY2023Q1	dei	Document Period End Date DocumentPeriodEndDate	2023-03-31
CY2023Q1	dei	Document Period End Date DocumentPeriodEndDate	2023-03-31
CY2023Q1	dei	Document Period End Date DocumentPeriodEndDate	2023-03-31
CY2022Q4	land	Numberof Impaired Properties NumberofImpairedProperties	0	property
CY2023Q1	land	Numberof Impaired Properties NumberofImpairedProperties	0	property
CY2023Q1	us-gaap	Impairment Of Real Estate ImpairmentOfRealEstate	0	usd
CY2023Q1	dei	Document Period End Date DocumentPeriodEndDate	2023-03-31
CY2023Q1	dei	Document Period End Date DocumentPeriodEndDate	2023-03-31
CY2023Q1	us-gaap	Long Term Debt LongTermDebt	599057000	usd
CY2022Q4	us-gaap	Long Term Debt LongTermDebt	626500000	usd
CY2023Q1	dei	Document Period End Date DocumentPeriodEndDate	2023-03-31
CY2023Q1	dei	Document Period End Date DocumentPeriodEndDate	2023-03-31
CY2023Q1	dei	Document Period End Date DocumentPeriodEndDate	2023-03-31
CY2023Q1	dei	Document Period End Date DocumentPeriodEndDate	2023-03-31
CY2023Q1	dei	Document Period End Date DocumentPeriodEndDate	2023-03-31
CY2023Q1	dei	Document Period End Date DocumentPeriodEndDate	2023-03-31
CY2023Q1	dei	Document Period End Date DocumentPeriodEndDate	2023-03-31
CY2023Q1	dei	Document Period End Date DocumentPeriodEndDate	2023-03-31
CY2023Q1	dei	Document Period End Date DocumentPeriodEndDate	2023-03-31
CY2023Q1	dei	Document Period End Date DocumentPeriodEndDate	2023-03-31
CY2023Q1	land	Derivative Instrument Expected Interest Expense Reclassification DerivativeInstrumentExpectedInterestExpenseReclassification	2200000	usd
CY2023Q1	dei	Document Period End Date DocumentPeriodEndDate	2023-03-31
CY2023Q1	dei	Document Period End Date DocumentPeriodEndDate	2023-03-31
CY2023Q1	dei	Document Period End Date DocumentPeriodEndDate	2023-03-31
CY2023Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	7359000	usd
CY2022Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	9007000	usd
CY2023Q1	us-gaap	Increase Decrease In Fair Value Of Interest Rate Fair Value Hedging Instruments1 IncreaseDecreaseInFairValueOfInterestRateFairValueHedgingInstruments1	-1648000	usd
CY2022Q1	us-gaap	Increase Decrease In Fair Value Of Interest Rate Fair Value Hedging Instruments1 IncreaseDecreaseInFairValueOfInterestRateFairValueHedgingInstruments1	4730000	usd
CY2023Q1	dei	Document Period End Date DocumentPeriodEndDate	2023-03-31
CY2023Q1	dei	Document Period End Date DocumentPeriodEndDate	2023-03-31
CY2023Q1	dei	Document Period End Date DocumentPeriodEndDate	2023-03-31
CY2023Q1	land	Number Of Executive Officers Serving As Directors And Executive Officers Of Adviser And Administrator NumberOfExecutiveOfficersServingAsDirectorsAndExecutiveOfficersOfAdviserAndAdministrator	2	executive_officer
CY2023Q1	land	Incentive Fee Per Advisory Agreement IncentiveFeePerAdvisoryAgreement	0.0175
CY2023Q1	land	Annualized Incentive Fee Per Advisory Agreement AnnualizedIncentiveFeePerAdvisoryAgreement	0.070
CY2023Q1	land	Amount To Be Paid To Adviser In Percentage Of Pre Incentive Fee Condition One AmountToBePaidToAdviserInPercentageOfPreIncentiveFeeConditionOne	1
CY2023Q1	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
CY2023Q1	land	Maximum Annual Percentage Of Stockholders Equity To Pay Full Pre Incentive Fee To Adviser MaximumAnnualPercentageOfStockholdersEquityToPayFullPreIncentiveFeeToAdviser	0.0875
CY2023Q1	land	Amount To Be Paid To Adviser In Percentage Of Pre Incentive Fee Condition Two AmountToBePaidToAdviserInPercentageOfPreIncentiveFeeConditionTwo	0.20
CY2023Q1	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
CY2023Q1	land	Maximum Annual Percentage Of Stockholders Equity To Pay Full Pre Incentive Fee To Adviser MaximumAnnualPercentageOfStockholdersEquityToPayFullPreIncentiveFeeToAdviser	0.0875
CY2023Q1	land	Percentageof Incentive Feeson Capital Gains PercentageofIncentiveFeesonCapitalGains	0.15
CY2023Q1	land	Notice Period For Termination Of Agreement Without Cause NoticePeriodForTerminationOfAgreementWithoutCause	P120D
CY2023Q1	land	Termination Agreement Multiplier For Average Annual Base Management Fee TerminationAgreementMultiplierForAverageAnnualBaseManagementFee	3
CY2023Q1	land	Termination Agreement Period Prior To Termination TerminationAgreementPeriodPriorToTermination	P24M
CY2023Q1	land	Financing Fee FinancingFee	0	usd
CY2022Q1	land	Financing Fee FinancingFee	94000	usd
CY2023Q1	dei	Document Period End Date DocumentPeriodEndDate	2023-03-31
CY2023Q1	land	Selling Commissionsand Dealer Manager Fees SellingCommissionsandDealerManagerFees	149000	usd
CY2022Q1	land	Selling Commissionsand Dealer Manager Fees SellingCommissionsandDealerManagerFees	3178000	usd
CY2023Q1	us-gaap	Management Fee Expense ManagementFeeExpense	2149000	usd
CY2022Q1	us-gaap	Management Fee Expense ManagementFeeExpense	2037000	usd
CY2023Q1	us-gaap	Incentive Fee Expense IncentiveFeeExpense	0	usd
CY2022Q1	us-gaap	Incentive Fee Expense IncentiveFeeExpense	1131000	usd
CY2023Q1	land	Related Party Transaction Net Incentive Fees Paid And Credits Received RelatedPartyTransactionNetIncentiveFeesPaidAndCreditsReceived	2149000	usd
CY2022Q1	land	Related Party Transaction Net Incentive Fees Paid And Credits Received RelatedPartyTransactionNetIncentiveFeesPaidAndCreditsReceived	3168000	usd
CY2023Q1	land	Administration Fee AdministrationFee	575000	usd
CY2022Q1	land	Administration Fee AdministrationFee	463000	usd
CY2023Q1	land	Selling Commissionsand Dealer Manager Fees SellingCommissionsandDealerManagerFees	149000	usd
CY2022Q1	land	Selling Commissionsand Dealer Manager Fees SellingCommissionsandDealerManagerFees	3178000	usd
CY2023Q1	land	Financing Fee FinancingFee	0	usd
CY2022Q1	land	Financing Fee FinancingFee	94000	usd
CY2023Q1	land	Management Feesand Financing Fees ManagementFeesandFinancingFees	149000	usd
CY2022Q1	land	Management Feesand Financing Fees ManagementFeesandFinancingFees	3272000	usd
CY2023Q1	dei	Document Period End Date DocumentPeriodEndDate	2023-03-31
CY2023Q1	dei	Document Period End Date DocumentPeriodEndDate	2023-03-31
CY2023Q1	land	Management Fee Due To Advisor ManagementFeeDueToAdvisor	2149000	usd
CY2022Q4	land	Management Fee Due To Advisor ManagementFeeDueToAdvisor	2141000	usd
CY2023Q1	land	Incentive Feedueto Advisor IncentiveFeeduetoAdvisor	0	usd
CY2022Q4	land	Incentive Feedueto Advisor IncentiveFeeduetoAdvisor	1589000	usd
CY2023Q1	land	Other Due To Advisor OtherDueToAdvisor	60000	usd
CY2022Q4	land	Other Due To Advisor OtherDueToAdvisor	80000	usd
CY2023Q1	land	Due To From Adviser DueToFromAdviser	2209000	usd
CY2022Q4	land	Due To From Adviser DueToFromAdviser	3810000	usd
CY2023Q1	land	Administrative Fee Due To Administrator AdministrativeFeeDueToAdministrator	575000	usd
CY2022Q4	land	Administrative Fee Due To Administrator AdministrativeFeeDueToAdministrator	536000	usd
CY2023Q1	land	Cumulative Accruedbut Unpaid Priorto Administrative Fee Due To Administrator CumulativeAccruedbutUnpaidPriortoAdministrativeFeeDueToAdministrator	242000	usd
CY2022Q4	land	Cumulative Accruedbut Unpaid Priorto Administrative Fee Due To Administrator CumulativeAccruedbutUnpaidPriortoAdministrativeFeeDueToAdministrator	0	usd
CY2023Q1	land	Fee Due To Administrator FeeDueToAdministrator	817000	usd
CY2022Q4	land	Fee Due To Administrator FeeDueToAdministrator	536000	usd
CY2023Q1	land	Due To Related Parties Miscellaneous Costs DueToRelatedPartiesMiscellaneousCosts	8000	usd
CY2022Q4	land	Due To Related Parties Miscellaneous Costs DueToRelatedPartiesMiscellaneousCosts	24000	usd
CY2023Q1	us-gaap	Due To Related Parties Current And Noncurrent DueToRelatedPartiesCurrentAndNoncurrent	3034000	usd
CY2022Q4	us-gaap	Due To Related Parties Current And Noncurrent DueToRelatedPartiesCurrentAndNoncurrent	4370000	usd
CY2023Q1	dei	Document Period End Date DocumentPeriodEndDate	2023-03-31
CY2023Q1	dei	Document Period End Date DocumentPeriodEndDate	2023-03-31
CY2023Q1	dei	Document Period End Date DocumentPeriodEndDate	2023-03-31
CY2023Q1	dei	Document Period End Date DocumentPeriodEndDate	2023-03-31
CY2023Q1	dei	Document Period End Date DocumentPeriodEndDate	2023-03-31
CY2023Q1	us-gaap	Operating Lease Lease Income Lease Payments OperatingLeaseLeaseIncomeLeasePayments	20960000	usd
CY2022Q1	us-gaap	Operating Lease Lease Income Lease Payments OperatingLeaseLeaseIncomeLeasePayments	19938000	usd
CY2023Q1	us-gaap	Operating Lease Variable Lease Income OperatingLeaseVariableLeaseIncome	242000	usd
CY2022Q1	us-gaap	Operating Lease Variable Lease Income OperatingLeaseVariableLeaseIncome	5000	usd
CY2023Q1	us-gaap	Operating Lease Lease Income OperatingLeaseLeaseIncome	21202000	usd
CY2022Q1	us-gaap	Operating Lease Lease Income OperatingLeaseLeaseIncome	19943000	usd
CY2023Q1	us-gaap	Payments For Rent PaymentsForRent	195000	usd
CY2022Q1	us-gaap	Payments For Rent PaymentsForRent	0	usd
CY2023Q1	land	Tenant Reimbursements TenantReimbursements	37000	usd
CY2022Q1	land	Tenant Reimbursements TenantReimbursements	5000	usd
CY2023Q1	land	Late Fee Expenses For Rent LateFeeExpensesForRent	10000	usd
CY2023Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-4320000	usd
CY2022Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-2737000	usd
CY2023Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	35547397	shares
CY2023Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	35547397	shares
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
CY2023Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.12
CY2023Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.12
CY2022Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.08
CY2022Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.08
CY2023Q1	land	Weighted Average Number Of Operating Partnership Units Held By Noncontrolling Interest WeightedAverageNumberOfOperatingPartnershipUnitsHeldByNoncontrollingInterest	0	shares
CY2022Q1	land	Weighted Average Number Of Operating Partnership Units Held By Noncontrolling Interest WeightedAverageNumberOfOperatingPartnershipUnitsHeldByNoncontrollingInterest	204778	shares
CY2023Q1	dei	Document Period End Date DocumentPeriodEndDate	2023-03-31

Files In Submission

Name	View Source	Status
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$LAND
GLADSTONE LAND Corp Stock $land

2023 Q2 Form 10-Q Financial Statement

#000149524023000012 Filed on May 08, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$LAND GLADSTONE LAND Corp Stock $land

2023 Q2 Form 10-Q Financial Statement

#000149524023000012 Filed on May 08, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$LAND
GLADSTONE LAND Corp Stock $land