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		9 Months Ended
	Sep. 30, 2021 USD ($) property	Sep. 30, 2020 USD ($)	Sep. 30, 2021 USD ($) property	Sep. 30, 2020 USD ($)	Jun. 09, 2021 a	Dec. 31, 2020 USD ($) property
Real Estate Properties [Line Items]
Depreciation expense	$ 6,600	$ 3,600	$ 18,300	$ 10,600
Tenant improvements, net of depreciation	2,100		2,100			$ 2,000
Tenant improvements, depreciation and rental revenue	88	76	282	228
Amortization expense related to intangible assets	296	294	983	1,400
Amortization of acquired above market lease values and deferred revenue	47	32		94
Total accretion related to below-market lease values and deferred revenue	62	28	161	78
Operating revenue	1,800		2,600
Net income	646		1,000
(Loss) income from investments in unconsolidated entities			(42)	7
Lease revenue	$ 19,591	13,989	$ 52,518	41,907
Number of impaired properties \| property	0		0			0
Fresno, CA
Real Estate Properties [Line Items]
LLC ownership			50.00%
(Loss) income from investments in unconsolidated entities	$ (19)	(19)
LLC ownership value	1,100		$ 1,100			$ 1,200
Kern, CA \| Almena Drive
Real Estate Properties [Line Items]
Area of water \| a					25,330
Water assets, fair value	19,600		19,600
California
Real Estate Properties [Line Items]
LLC ownership value	$ 1,100		1,100
Lease revenue			$ 33,700
Percent of rental revenue			64.10%
Florida
Real Estate Properties [Line Items]
Lease revenue			$ 10,200
Percent of rental revenue			19.40%
2021 Acquisitions
Real Estate Properties [Line Items]
Consideration transferred			$ 147,652
2020 Acquisitions
Real Estate Properties [Line Items]
Operating revenue		527		808
Net income		$ 253		448
Consideration transferred				$ 64,348

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