Gladstone Land Corporation Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Cover
- Cover
Financial Statements
Notes to Financial Statements
Accounting Policies
- Summary of Significant Accounting Policies (Policies)
Notes Tables
Notes Details

Real Estate and Intangible Assets - Additional Information (Details)

v3.21.2

Real Estate and Intangible Assets - Additional Information (Details) $ in Thousands		3 Months Ended		6 Months Ended
	Jun. 25, 2021 USD ($)	Jun. 30, 2021 USD ($) property	Jun. 30, 2020 USD ($)	Jun. 30, 2021 USD ($) property	Jun. 30, 2020 USD ($)	Jun. 04, 2021 a	Dec. 31, 2020 USD ($) property
Real Estate Properties [Line Items]
Depreciation expense		$ 6,000	$ 3,500	$ 11,600	$ 7,000
Tenant improvements, net of depreciation		1,900		1,900			$ 2,000
Tenant improvements, depreciation and rental revenue		97	76	194	152
Amortization expense related to intangible assets		304	321	687	1,100
Amortization of acquired above market lease values and deferred revenue		44	31	0	62
Total accretion related to below-market lease values and deferred revenue		63	25	99	50
Operating revenue		845		874
Net income (loss)		402		398
(Loss) income from investments in unconsolidated entities				(24)	26
Lease revenue		$ 16,893	12,638	$ 32,927	27,918
Number of impaired properties \| property		0		0			0
Fresno, California
Real Estate Properties [Line Items]
LLC ownership, percentage				50.00%
(Loss) income from investments in unconsolidated entities		$ (11)	(8)
LLC ownership, value		1,100		$ 1,100			$ 1,200
California
Real Estate Properties [Line Items]
LLC ownership, value		1,100		1,100
Lease revenue				$ 20,600
Percent of rental revenue (as percent)				62.60%
Florida
Real Estate Properties [Line Items]
Lease revenue				$ 6,700
Percent of rental revenue (as percent)				20.50%
Van Buren, Michigan \| Almena Drive
Real Estate Properties [Line Items]
Area of water \| a						20,330
Consideration transferred	$ 1,200			$ 13,300
Water assets, fair value		$ 14,800		14,800
2021 Acquisitions
Real Estate Properties [Line Items]
Consideration transferred				$ 85,319
2020 Acquisitions
Real Estate Properties [Line Items]
Operating revenue			191		280
Net income (loss)			$ 125		196
Consideration transferred					$ 25,169

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