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

BORROWINGS - Summary of Borrowings (Details)

v3.22.2

BORROWINGS - Summary of Borrowings (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Dec. 31, 2021
Debt Instrument [Line Items]
Long-term debt	$ 661,946	$ 667,982
Mortgage notes and bonds payable
Debt Instrument [Line Items]
Principal Outstanding	665,580	671,573
Debt issuance costs – notes and bonds payable	(3,734)	(3,691)
Long-term debt	661,846	667,882
Notes payable to bank \| Fixed-rate notes payable
Debt Instrument [Line Items]
Principal Outstanding	$ 583,114	582,665
Notes payable to bank \| Fixed-rate notes payable \| Minimum
Debt Instrument [Line Items]
Stated Interest Rate	2.44%
Notes payable to bank \| Fixed-rate notes payable \| Maximum
Debt Instrument [Line Items]
Stated Interest Rate	5.70%
Notes payable to bank \| Fixed-rate notes payable \| Weighted average
Debt Instrument [Line Items]
Stated Interest Rate	3.74%
Notes payable to bank \| Variable-rate notes payable
Debt Instrument [Line Items]
Principal Outstanding	$ 1,124	2,856
Stated Interest Rate	3.25%
Bonds payable \| Fixed-rate bonds payable
Debt Instrument [Line Items]
Principal Outstanding	$ 81,342	86,052
Bonds payable \| Fixed-rate bonds payable \| Minimum
Debt Instrument [Line Items]
Stated Interest Rate	2.13%
Bonds payable \| Fixed-rate bonds payable \| Maximum
Debt Instrument [Line Items]
Stated Interest Rate	4.57%
Bonds payable \| Fixed-rate bonds payable \| Weighted average
Debt Instrument [Line Items]
Stated Interest Rate	3.46%
Line of credit \| Variable-rate revolving lines of credit \| Revolving credit facility
Debt Instrument [Line Items]
Long-term debt	$ 100	$ 100
Stated Interest Rate	2.97%

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Amount, before unamortized (discount) premium and debt issuance costs, of long-term debt. Includes, but is not limited to, notes payable, bonds payable, commercial loans, mortgage loans, convertible debt, subordinated debt and other types of debt.

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