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 - Summary Information of Farms (Detail)

Real Estate and Intangible Assets - Summary Information of Farms (Detail) $ in Thousands	12 Months Ended
	Dec. 31, 2017 USD ($) a farm	Dec. 31, 2016 USD ($) a farm	Sep. 30, 2015 a
Real Estate Properties [Line Items]
Number of farms \| farm	73	58
Total Acres \| a	63,014	50,592
Farm Acres \| a	50,894
Net Cost Basis	$ 451,864
Encumbrances	$ 302,988
California
Real Estate Properties [Line Items]
Number of farms \| farm	28	22
Total Acres \| a	8,080	6,713	854
Farm Acres \| a	7,308
Net Cost Basis	$ 208,774
Encumbrances	$ 152,860
Florida
Real Estate Properties [Line Items]
Number of farms \| farm	16	15
Total Acres \| a	11,006	5,567
Farm Acres \| a	8,846
Net Cost Basis	$ 114,225
Encumbrances	$ 73,264
Colorado
Real Estate Properties [Line Items]
Number of farms \| farm	10	9
Total Acres \| a	31,450	30,170
Farm Acres \| a	24,513
Net Cost Basis	$ 42,409
Encumbrances	$ 25,579
Oregon
Real Estate Properties [Line Items]
Number of farms \| farm	4	4
Total Acres \| a	2,313	2,313
Farm Acres \| a	2,003
Net Cost Basis	$ 19,806
Encumbrances	$ 12,978
Arizona
Real Estate Properties [Line Items]
Number of farms \| farm	6	2
Total Acres \| a	6,280	3,000
Farm Acres \| a	5,228
Net Cost Basis	$ 41,341
Encumbrances	$ 23,333
Nebraska
Real Estate Properties [Line Items]
Number of farms \| farm	2	2
Total Acres \| a	2,559	2,559
Farm Acres \| a	2,101
Net Cost Basis	$ 10,626
Encumbrances	$ 6,602
Washington
Real Estate Properties [Line Items]
Number of farms \| farm	1	0
Total Acres \| a	746	0
Farm Acres \| a	417
Net Cost Basis	$ 9,386
Encumbrances	$ 5,412
Michigan
Real Estate Properties [Line Items]
Number of farms \| farm	4	4
Total Acres \| a	270	270
Farm Acres \| a	183
Net Cost Basis	$ 2,936
Encumbrances	$ 1,659
North Carolina
Real Estate Properties [Line Items]
Number of farms \| farm	2	0
Total Acres \| a	310	0
Farm Acres \| a	295
Net Cost Basis	$ 2,361
Encumbrances	1,301
Long-term mortgage notes and bonds payable
Real Estate Properties [Line Items]
Deferred financing costs related to mortgage notes and bonds payable	$ 1,986	$ 1,412
State of Arizona \| Arizona
Real Estate Properties [Line Items]
Farm Acres \| a	1,221
Net Cost Basis	$ 3,200
2015 New Real Estate Activity
Real Estate Properties [Line Items]
Annualized straight line rent escalations		$ 5,374
2017 New Real Estate Activity
Real Estate Properties [Line Items]
Number of farms \| farm	16
Total Purchase Price	$ 128,672
Acquisition Costs	554
Annualized straight line rent escalations	$ 7,109
Total Acres \| a	12,641
Encumbrances	$ 75,763
2017 New Real Estate Activity \| State of Arizona \| Arizona
Real Estate Properties [Line Items]
Number of farms \| farm	2
Total Acres \| a	1,368