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

Borrowings - Additional Information (Details)

v3.19.3

Borrowings - Additional Information (Details)		3 Months Ended		9 Months Ended
Borrowings - Additional Information (Details)	Aug. 16, 2019 USD ($)	Sep. 30, 2019 USD ($)	Sep. 30, 2018 USD ($)	Sep. 30, 2019 USD ($) farm	Sep. 30, 2018 USD ($) farm	Dec. 31, 2018 USD ($)
Debt Instrument [Line Items]
Number of farms \| farm				97	82
Net Cost Basis		$ 743,409,000		$ 743,409,000
Weighted average interest rate				3.93%
Other income		62,000	$ 1,000	$ 937,000	$ 324,000
Borrowings under lines of credit		4,100,000		4,100,000		$ 100,000
Borrowings
Debt Instrument [Line Items]
Net Cost Basis		$ 743,400,000		$ 743,400,000
Weighted average interest rate		4.03%	3.76%	3.97%	3.63%
Farm Credit Notes Payable
Debt Instrument [Line Items]
Basis spread on variable rate, increase (decrease)				(0.95%)
Farm Credit Central Florida Notes Payable
Debt Instrument [Line Items]
Interest rate, increase (decrease)				(21.20%)
Other income				$ 700,000
MetLife Facility
Debt Instrument [Line Items]
Face amount of debt		$ 200,000,000		200,000,000
Maximum borrowing capacity		75,000,000		75,000,000
Line of Credit Facility, Commitment Fee Amount	$ 16,500,000
Line of Credit Facility, Commitment Fee Percentage	3.70%
MetLife Facility \| Notes and bonds payables
Debt Instrument [Line Items]
Face amount of debt		200,000,000		200,000,000
Mortgage notes and bonds payable \| Notes and bonds payables
Debt Instrument [Line Items]
Fair value amount		454,500,000		454,500,000
Secured debt		450,800,000		450,800,000
Short Term Mortgage Notes And Bonds Payable \| Notes and bonds payables
Debt Instrument [Line Items]
Borrowings under lines of credit		$ 4,100,000		$ 4,100,000

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Debt Instrument, Basis Spread on Variable Rate, Increase (Decrease)

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