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

Annual report pursuant to Section 13 and 15(d)

Real Estate and Intangible Assets - 2018 Acquisitions (Details)

Real Estate and Intangible Assets - 2018 Acquisitions (Details) $ in Thousands	1 Months Ended	12 Months Ended
	Jul. 31, 2018 USD ($) a	Dec. 31, 2018 USD ($) a option farm	Dec. 31, 2017 USD ($) a farm
Real Estate Properties [Line Items]
No. of Farms \| farm		85	73
Total Acres \| a		73,205	63,014
New Long-term Debt		$ 338,226
Payments to develop real estate assets		22,605	$ 5,211
Rental Revenue		$ 29,322	$ 25,111
2018 New Real Estate Activity
Real Estate Properties [Line Items]
No. of Farms \| farm		13
Total Acres \| a		12,114
Total Purchase Price		$ 91,426
Acquisition Costs		466
Annualized Straight-line Rent		4,581
New Long-term Debt		49,893
Rental Revenue		1,600
Real estate properties earnings recognized		$ 290
2018 New Real Estate Activity \| Taft Highway \| Kern, CA
Real Estate Properties [Line Items]
No. of Farms \| farm		1
Acquisition Date		Jan. 31, 2018
Total Acres \| a		161
Number of Renewal Options \| option		0
Total Purchase Price		$ 2,945
Acquisition Costs		32
Annualized Straight-line Rent		0
New Long-term Debt		$ 1,473
2018 New Real Estate Activity \| Cemetery Road \| Van Buren, MI
Real Estate Properties [Line Items]
No. of Farms \| farm		1
Acquisition Date		Mar. 13, 2018
Total Acres \| a		176
Number of Renewal Options \| option		0
Total Purchase Price		$ 2,100
Acquisition Costs		39
Annualized Straight-line Rent		150
New Long-term Debt		$ 1,260
2018 New Real Estate Activity \| Owl Hammock \| Collier & Hendry, FL
Real Estate Properties [Line Items]
No. of Farms \| farm		5
Acquisition Date		Jul. 12, 2018
Total Acres \| a	5,630	5,630
Number of Renewal Options \| option		2
Term of Renewal		5 years
Total Purchase Price		$ 37,350
Acquisition Costs		196
Annualized Straight-line Rent		2,148
New Long-term Debt		$ 22,410
Payments to develop real estate assets	$ 2,000
2018 New Real Estate Activity \| Plantation Road \| Jackson, FL
Real Estate Properties [Line Items]
No. of Farms \| farm		1
Acquisition Date		Sep. 06, 2018
Total Acres \| a		574
Number of Renewal Options \| option		0
Total Purchase Price		$ 2,600
Acquisition Costs		35
Annualized Straight-line Rent		142
New Long-term Debt		$ 1,560
2018 New Real Estate Activity \| Flint Avenue \| Kings, CA
Real Estate Properties [Line Items]
No. of Farms \| farm		2
Acquisition Date		Sep. 13, 2018
Total Acres \| a		194
Number of Renewal Options \| option		1
Term of Renewal		5 years
Total Purchase Price		$ 6,850
Acquisition Costs		51
Annualized Straight-line Rent		523
New Long-term Debt		$ 4,110
2018 New Real Estate Activity \| Sunnyside Avenue \| Madera, CA
Real Estate Properties [Line Items]
No. of Farms \| farm		1
Acquisition Date		Nov. 01, 2018
Total Acres \| a		951
Number of Renewal Options \| option		2
Term of Renewal		5 years
Total Purchase Price		$ 23,000
Acquisition Costs		41
Annualized Straight-line Rent		1,237
New Long-term Debt		$ 13,800
2018 New Real Estate Activity \| Bunker Hill \| Hartley, TX
Real Estate Properties [Line Items]
No. of Farms \| farm		1
Acquisition Date		Nov. 20, 2018
Total Acres \| a		3,667
Number of Renewal Options \| option		0
Total Purchase Price		$ 8,400
Acquisition Costs		32
Annualized Straight-line Rent		356
New Long-term Debt		5,280
Credit provided by seller		$ 100
2018 New Real Estate Activity \| Olsen Road \| Merced, CA
Real Estate Properties [Line Items]
No. of Farms \| farm		1
Acquisition Date		Dec. 06, 2018
Total Acres \| a		761
Total Purchase Price		$ 8,181
Acquisition Costs		40
Annualized Straight-line Rent		25
New Long-term Debt		0
Initial rent payment received		$ 471
Weighted average \| 2018 New Real Estate Activity \| Cemetery Road \| Van Buren, MI
Real Estate Properties [Line Items]
Lease Term		9 years 7 months 6 days
Weighted average \| 2018 New Real Estate Activity \| Owl Hammock \| Collier & Hendry, FL
Real Estate Properties [Line Items]
Lease Term		6 years 11 months 19 days
Weighted average \| 2018 New Real Estate Activity \| Plantation Road \| Jackson, FL
Real Estate Properties [Line Items]
Lease Term		2 years 3 months 25 days
Weighted average \| 2018 New Real Estate Activity \| Flint Avenue \| Kings, CA
Real Estate Properties [Line Items]
Lease Term		15 years 3 months 18 days
Weighted average \| 2018 New Real Estate Activity \| Sunnyside Avenue \| Madera, CA
Real Estate Properties [Line Items]
Lease Term		8 years
Weighted average \| 2018 New Real Estate Activity \| Bunker Hill \| Hartley, TX
Real Estate Properties [Line Items]
Lease Term		1 year 1 month 6 days
Weighted average \| 2018 New Real Estate Activity \| Olsen Road \| Merced, CA
Real Estate Properties [Line Items]
Lease Term		10 months 24 days
Lease One \| 2018 New Real Estate Activity \| Olsen Road \| Merced, CA
Real Estate Properties [Line Items]
Number of Renewal Options \| option		3
Term of Renewal		5 years
Lease Two \| 2018 New Real Estate Activity \| Olsen Road \| Merced, CA
Real Estate Properties [Line Items]
Number of Renewal Options \| option		1
Term of Renewal		3 years