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

Quarterly report pursuant to Section 13 or 15(d)

Cover
- Document and Entity Information
Financial Statements
Notes to Financial Statements
Accounting Policies
- Summary of Significant Accounting Policies (Policies)
Notes Tables
Notes Details

Commitments and Contingencies - Additional Information (Details)

v3.19.2

Commitments and Contingencies - Additional Information (Details) $ in Thousands		3 Months Ended		6 Months Ended
	Jun. 01, 2017 lease farm	Jun. 30, 2019 USD ($) a	Jun. 30, 2018 USD ($) a	Jun. 30, 2019 USD ($) a	Jun. 30, 2018 USD ($) a	Jan. 01, 2019 USD ($)	Dec. 31, 2018 USD ($)
Loss Contingencies [Line Items]
Estimated cost \| $				$ 5,549	$ 11,356
Number of farms acquired \| farm	2
Area of real estate property (in acres)		75,886	63,325	75,886	63,325
Number of Leases \| lease	2
Operating lease right-of-use assets \| $		$ 198		$ 198
Operating lease liabilities \| $		$ 169		$ 169			$ 232
Weighted-average discount rate		4.20%		4.20%
Lease expense \| $		$ 15	$ 12	$ 27	$ 24
2018 New Real Estate Activity
Loss Contingencies [Line Items]
Area of real estate property (in acres)			337		337
Oregon
Loss Contingencies [Line Items]
Area of real estate property (in acres)		418	2,313	418	2,313
North Carolina
Loss Contingencies [Line Items]
Area of real estate property (in acres)		310	310	310	310
Florida
Loss Contingencies [Line Items]
Area of real estate property (in acres)		17,184	10,980	17,184	10,980
Collier and Hendry, FL
Loss Contingencies [Line Items]
Area of real estate property (in acres)		5,630		5,630
California
Loss Contingencies [Line Items]
Area of real estate property (in acres)		11,617	8,241	11,617	8,241
Santa Barbara, CA
Loss Contingencies [Line Items]
Area of real estate property (in acres)		361		361
ASU 2016-02
Loss Contingencies [Line Items]
Operating lease right-of-use assets \| $						$ 218
Operating lease liabilities \| $						$ 213
Minimum \| ASU 2016-02
Loss Contingencies [Line Items]
Weighted-average discount rate						2.47%
Maximum \| ASU 2016-02
Loss Contingencies [Line Items]
Weighted-average discount rate						2.53%

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Finance Lease, Cost

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Payments to develop real estate assets is the process of adding improvements on or to a parcel of land. Such improvements may include drainage, utilities, subdividing, access, buildings, and any combination of these elements; and are generally classified as cash flow from investing activities.

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