v3.26.3
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
OPERATING REVENUES:        
Rental income $ 5,646 $ 5,991 $ 17,648 $ 18,985
Total operating revenues 9,777 11,251 29,276 31,463
OPERATING EXPENSES        
Depreciation, depletion and amortization 900 938 2,715 3,241
Property operating expenses 1,517 1,413 4,160 4,499
Cost of goods sold 1,700 1,838 2,860 3,966
Provision for credit loss reserve 2,332 (49) 4,933 20
Acquisition and due diligence costs       2
General and administrative expenses 1,666 2,294 5,283 7,259
Legal and accounting 2,136 808 2,815 1,909
Impairment of assets 12,043 1,000 12,794 17,821
Other operating expenses   2   19
Total operating expenses 22,294 8,244 35,560 38,736
OTHER (INCOME) EXPENSE:        
Other (income) (178) (115) (247) (371)
(Income) from equity method investment (1) (163) (39) (165)
(Gain) loss on disposition of assets, net 12 531 (3,260) (24,460)
Interest expense 3,173 2,271 8,977 7,346
Total other (income) expense 3,006 2,524 5,431 (17,650)
Net income (loss) before income tax (benefit) expense (15,523) 483 (11,715) 10,377
Income tax (benefit) expense (11) (8) 20 1
NET INCOME (LOSS) (15,512) 491 (11,735) 10,376
Net (income) loss attributable to non-controlling interests in operating partnership 105 (8) 78 (252)
Net income (loss) attributable to the Company (15,407) 483 (11,657) 10,124
Distributions on Series A Preferred Units   (588) (204) (2,074)
Net income (loss) available to common stockholders of Farmland Partners Inc. $ (15,438) $ (128) $ (11,953) $ 7,980
Basic and diluted per common share data:        
Basic net income (loss) available to common stockholders $ (0.36) $ 0 $ (0.28) $ 0.18
Diluted net income (loss) available to common stockholders $ (0.36) $ 0 $ (0.28) $ 0.18
Basic weighted average common shares outstanding 42,851 43,187 43,137 44,666
Diluted weighted average common shares outstanding 42,851 43,187 43,137 44,666
Dividends declared per common share - regular and special $ 0.09 $ 0.06 $ 0.27 $ 0.18
Performance-based unvested restricted shares        
OTHER (INCOME) EXPENSE:        
Dividend equivalent rights or nonforfeitable distributions allocated to unvested restricted shares $ (8) $ (4) $ (24) $ (12)
Time-based unvested restricted shares        
OTHER (INCOME) EXPENSE:        
Dividend equivalent rights or nonforfeitable distributions allocated to unvested restricted shares (23) (19) (68) (58)
Crop sales        
OPERATING REVENUES:        
Revenue 1,543 2,789 2,887 5,075
Other revenue        
OPERATING REVENUES:        
Revenue $ 2,588 $ 2,471 $ 8,741 $ 7,403