Gladstone Land Corporation Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Real Estate and Lease Intangibles - Additional Information (Detail)

Real Estate and Lease Intangibles - Additional Information (Detail)							1 Months Ended	3 Months Ended		6 Months Ended	9 Months Ended	12 Months Ended
	Aug. 25, 2016 USD ($)	Jul. 15, 2016 USD ($)	Jul. 05, 2016 USD ($) a	Apr. 05, 2016 USD ($)	Feb. 08, 2016 USD ($)	Feb. 01, 2016 USD ($)	Apr. 30, 2014 property	Sep. 30, 2016 USD ($)	Jun. 30, 2014 Property	Jun. 30, 2017 USD ($)	Sep. 30, 2016 USD ($)	Dec. 31, 2016 USD ($) a tenant transaction farm	Dec. 31, 2015 USD ($) a transaction farm	Dec. 31, 2014 USD ($)
Real Estate Properties [Line Items]
Number of farms \| farm												58	43
Depreciation												$ 4,445,756	$ 2,271,766	$ 1,384,960
Tenant improvements												1,845,427	1,183,020
Tenant improvements, depreciation expense and rental revenue												146,782	62,229	56,760
Amortized intangible assets												741,493	841,726	350,684
Amortization of above-market lease values and deferred revenues												6,509	16,934	9,027
Accretion related to below-market lease values and deferred revenues												$ 38,184	$ 178,617	146,534
Number of farms acquired \| farm												6	6
Rental income												$ 17,305,469	$ 11,888,091	7,170,318
Reimbursements for costs incurred												700,000	0	0
Tenant recovery revenue												11,148	13,370	14,604
Settlement payment amount			$ 164,000
Accrued interest on settlement			4,000
Write off of deferred rent receivable												$ 84,600	$ 6,504
Number of properties damaged							2		2
Property and casualty loss														232,737
Number of tenants \| tenant												40
Total rental revenue (as percent)												100.00%	100.00%
Total Acres \| a												50,592	16,810
Total acres (as percent)												100.00%	100.00%
California
Real Estate Properties [Line Items]
Number of farms \| farm												22	18
Rental income												$ 9,829,177	$ 7,754,945
Total rental revenue (as percent)												56.80%	65.20%
Total Acres \| a												6,713	3,576
Total acres (as percent)												13.30%	21.30%
Florida
Real Estate Properties [Line Items]
Number of farms \| farm												15	13
Rental income												$ 3,293,475	$ 2,166,660
Total rental revenue (as percent)												19.00%	18.20%
Total Acres \| a												5,567	5,092
Total acres (as percent)												11.00%	30.30%
Dole Food Company
Real Estate Properties [Line Items]
Number of farms \| farm												2
Rental income												$ 3,000,000
Total rental revenue (as percent)												17.10%
Property and Casualty Recovery Income, Net
Real Estate Properties [Line Items]
Insurance proceeds													$ 97,232	495,700
Sycamore Road
Real Estate Properties [Line Items]
Expended or accrued for capital improvements						$ 993,319
Rental income						$ 53,550
McIntosh Road
Real Estate Properties [Line Items]
Rental income					$ 63,000
Extended lease term					3 years
Maturity date of lease					Jun. 30, 2019
Percentage increase in lease amount					17.90%
Wauchula Road
Real Estate Properties [Line Items]
Rental income				$ 92,634
Reimbursements for costs incurred				569,607
Parrish Road
Real Estate Properties [Line Items]
Rental income				139,073
Costs incurred for irrigation improvements				$ 500,000
Tenant recovery revenue											$ 745,000
Espinosa Road
Real Estate Properties [Line Items]
Extended lease term	4 years
Settlement payment amount			$ 156,000
Nonfarmable area of land \| a			4.5
Annualized, straight-line rental income	$ 997,017
Increase in rental revenue (as percent)	28.10%
Espinosa Road \| Forecast
Real Estate Properties [Line Items]
Property tax assessment										$ 144,000
Colding Loop
Real Estate Properties [Line Items]
Rental payment		$ 72,400
Leasing costs								$ 8,635
West Gonzales
Real Estate Properties [Line Items]
Total repair cost													35,648	496,784
Repair cost, capitalized as real estate													25,682	407,096
Repair and maintenance expense													9,966	89,688
In-place leases
Real Estate Properties [Line Items]
Amortized intangible assets												$ 8,635	$ 20,255	$ 43,328
2016 New Real Estate Activity
Real Estate Properties [Line Items]
Number of farms \| farm												15
Number of separate transactions \| transaction												9
Rental income												$ 2,636,087
Total Acres \| a												33,780
2015 New Real Estate Activity
Real Estate Properties [Line Items]
Number of farms \| farm													11
Number of separate transactions \| transaction													8
Rental income													$ 1,975,424
Total Acres \| a													8,771
2015 New Real Estate Activity \| Parrish Road
Real Estate Properties [Line Items]
Rental income													$ 203,341
2015 New Real Estate Activity \| Espinosa Road
Real Estate Properties [Line Items]
Rental income													$ 769,972