XML 137 R35.htm IDEA: XBRL DOCUMENT
v3.19.2

Real Estate and Intangible Assets - Schedule of Acquisitions (Details) $ in Thousands | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 30, 2019 USD ($) a option | Jun. 30, 2018 USD ($) a | Jun. 30, 2019 USD ($) a farm option | Jun. 30, 2018 USD ($) a farm
Real Estate Properties [Line Items] |  |  |  |
Total Acres | a | 75,886 | 63,325 | 75,886 | 63,325
No. of Farms | farm |  |  | 90 | 75
New Long-term Debt | $ 352,550 |  | $ 352,550 |
Madera, CA |  |  |  |
Real Estate Properties [Line Items] |  |  |  |
Total Acres | a | 928 |  | 928 |
2019 Acquisitions |  |  |  |
Real Estate Properties [Line Items] |  |  |  |
Total Acres | a | 2,681 |  | 2,681 |
No. of Farms | farm |  |  | 5 |
Total Purchase Price |  |  | $ 47,922 |
Acquisition Costs |  |  | 295 |
Annualized Straight-line Rent |  |  | 3,067 |
New Long-term Debt | $ 18,570 |  | 18,570 |
Revenue of acquiree since acquisition date | 503 |  | 527 |
Net income (loss) of acquiree since acquisition date | $ 218 |  | $ 220 |
2019 Acquisitions | Lincoln, NE | Somerset Road |  |  |  |
Real Estate Properties [Line Items] |  |  |  |
Total Acres | a | 695 |  | 695 |
No. of Farms | farm |  |  | 1 |
Lease Term | 4 years 11 months 9 days |  | 4 years 11 months 9 days |
Number of Renewal Options | option | 1 |  | 1 |
Term of Renewal | 5 years |  | 5 years |
Total Purchase Price |  |  | $ 2,400 |
Acquisition Costs |  |  | 33 |
Annualized Straight-line Rent |  |  | 126 |
New Long-term Debt | $ 1,440 |  | 1,440 |
External legal fees expensed |  |  | $ 18 |
2019 Acquisitions | Madera, CA | Greenhills Boulevard |  |  |  |
Real Estate Properties [Line Items] |  |  |  |
Total Acres | a | 928 |  | 928 |
No. of Farms | farm |  |  | 1 |
Lease Term | 10 years 7 months 22 days |  | 10 years 7 months 22 days |
Number of Renewal Options | option | 2 |  | 2 |
Term of Renewal | 5 years |  | 5 years |
Total Purchase Price |  |  | $ 28,550 |
Acquisition Costs |  |  | 141 |
Annualized Straight-line Rent |  |  | 1,721 |
New Long-term Debt | $ 17,130 |  | $ 17,130 |
2019 Acquisitions | Van Buren, MI | Van Buren Trail |  |  |  |
Real Estate Properties [Line Items] |  |  |  |
Total Acres | a | 159 |  | 159 |
No. of Farms | farm |  |  | 1 |
Lease Term | 10 years 6 months 22 days |  | 10 years 6 months 22 days |
Number of Renewal Options | option | 2 |  | 2 |
Term of Renewal | 5 years |  | 5 years |
Total Purchase Price |  |  | $ 2,682 |
Acquisition Costs |  |  | 24 |
Annualized Straight-line Rent |  |  | 206 |
New Long-term Debt | $ 0 |  | $ 0 |
2019 Acquisitions | Allegran & Van Buren, MI | Blue Star Highway |  |  |  |
Real Estate Properties [Line Items] |  |  |  |
Total Acres | a | 357 |  | 357 |
No. of Farms | farm |  |  | 1 |
Lease Term | 10 years 6 months 22 days |  | 10 years 6 months 22 days |
Number of Renewal Options | option | 2 |  | 2 |
Term of Renewal | 5 years |  | 5 years |
Total Purchase Price |  |  | $ 5,100 |
Acquisition Costs |  |  | 29 |
Annualized Straight-line Rent |  |  | 390 |
New Long-term Debt | $ 0 |  | $ 0 |
2019 Acquisitions | Yolo, CA | Yolo Country Line Road |  |  |  |
Real Estate Properties [Line Items] |  |  |  |
Total Acres | a | 542 |  | 542 |
No. of Farms | farm |  |  | 1 |
Lease Term | 14 years 7 months 6 days |  | 14 years 7 months 6 days |
Number of Renewal Options | option | 1 |  | 1 |
Term of Renewal | 5 years |  | 5 years |
Total Purchase Price |  |  | $ 9,190 |
Acquisition Costs |  |  | 68 |
Annualized Straight-line Rent |  |  | 624 |
New Long-term Debt | $ 0 |  | $ 0 |
2018 Acquisitions |  |  |  |
Real Estate Properties [Line Items] |  |  |  |
Total Acres | a |  | 337 |  | 337
No. of Farms | farm |  |  |  | 2
Total Purchase Price |  |  |  | $ 5,045
Acquisition Costs |  |  |  | 71
Annualized Straight-line Rent |  |  |  | 150
New Long-term Debt |  | $ 2,733 |  | 2,733
Revenue of acquiree since acquisition date |  | 41 |  | 49
Net income (loss) of acquiree since acquisition date |  | $ 23 |  | $ 28
2018 Acquisitions | Van Buren, MI | Cemetery Road |  |  |  |
Real Estate Properties [Line Items] |  |  |  |
Total Acres | a |  | 176 |  | 176
No. of Farms | farm |  |  |  | 1
Lease Term |  | 9 years 7 months 6 days |  | 9 years 7 months 6 days
Total Purchase Price |  |  |  | $ 2,100
Acquisition Costs |  |  |  | 39
Annualized Straight-line Rent |  |  |  | 150
New Long-term Debt |  | $ 1,260 |  | $ 1,260
2018 Acquisitions | Kern, CA | Taft Highway |  |  |  |
Real Estate Properties [Line Items] |  |  |  |
Total Acres | a |  | 161 |  | 161
No. of Farms | farm |  |  |  | 1
Total Purchase Price |  |  |  | $ 2,945
Acquisition Costs |  |  |  | 32
Annualized Straight-line Rent |  |  |  | 0
New Long-term Debt |  | $ 1,473 |  | $ 1,473

X
- Definition Annualized straight line rent escalations. + References No definition available. + Details
Name: | land_AnnualizedStraightLineRentEscalations
Namespace Prefix: | land_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Asset Acquisition, Consideration Transferred + References No definition available. + Details
Name: | land_AssetAcquisitionConsiderationTransferred
Namespace Prefix: | land_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Asset Acquisition, Legal Fees Expensed + References No definition available. + Details
Name: | land_AssetAcquisitionLegalFeesExpensed
Namespace Prefix: | land_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Asset Acquisition, Pro Forma Information, Earnings or Loss of Acquiree since Acquisition Date, Actual + References No definition available. + Details
Name: | land_AssetAcquisitionProFormaInformationEarningsorLossofAcquireesinceAcquisitionDateActual
Namespace Prefix: | land_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Asset Acquisition, Pro Forma Information, Revenue of Acquiree since Acquisition Date, Actual + References No definition available. + Details
Name: | land_AssetAcquisitionProFormaInformationRevenueofAcquireesinceAcquisitionDateActual
Namespace Prefix: | land_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Asset Acquisition, Transaction Costs + References No definition available. + Details
Name: | land_AssetAcquisitionTransactionCosts
Namespace Prefix: | land_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Lessor, Operating Lease, Annualized Straight Line Rent + References No definition available. + Details
Name: | land_LessorOperatingLeaseAnnualizedStraightLineRent
Namespace Prefix: | land_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Lessor, Operating Lease, Number Of Renewal Options + References No definition available. + Details
Name: | land_LessorOperatingLeaseNumberOfRenewalOptions
Namespace Prefix: | land_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | instant

X
- Definition Number of real estate farms. + References No definition available. + Details
Name: | land_NumberOfRealEstateFarms
Namespace Prefix: | land_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount of lien or mortgage outstanding on real estate investment properties for entities with a substantial portion of business acquiring and holding investment real estate. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 12 -Paragraph Column B -Subsection 28 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 970 -SubTopic 360 -Section S99 -Paragraph 1 -Subparagraph (SX 210.12-28(Column B)) -URI http://asc.fasb.org/extlink&oid=6590653&loc=d3e638233-123024 + Details
Name: | srt_RealEstateAndAccumulatedDepreciationAmountOfEncumbrances
Namespace Prefix: | srt_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Area of a real estate property. + References No definition available. + Details
Name: | us-gaap_AreaOfRealEstateProperty
Namespace Prefix: | us-gaap_
Data Type: | num:areaItemType
Balance Type: | na
Period Type: | instant

X
- Definition Term of lessor's operating lease renewal, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents reported fact of one year, five months, and thirteen days. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 30 -Section 50 -Paragraph 3 -Subparagraph (a)(3) -URI http://asc.fasb.org/extlink&oid=119202524&loc=SL77919359-209981 + Details
Name: | us-gaap_LessorOperatingLeaseRenewalTerm
Namespace Prefix: | us-gaap_
Data Type: | xbrli:durationItemType
Balance Type: | na
Period Type: | instant

X
- Definition Term of lessor's operating lease, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents reported fact of one year, five months, and thirteen days. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 30 -Section 50 -Paragraph 3 -Subparagraph (a)(3) -URI http://asc.fasb.org/extlink&oid=119202524&loc=SL77919359-209981 + Details
Name: | us-gaap_LessorOperatingLeaseTermOfContract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:durationItemType
Balance Type: | na
Period Type: | instant

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_RealEstatePropertiesLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | srt_StatementGeographicalAxis=land_MaderaCaliforniaMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis=land_NewRealEstateActivity2019Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_StatementGeographicalAxis=land_LincolnNebraskaMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RealEstatePropertiesAxis=land_SomersetRoadMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RealEstatePropertiesAxis=land_GreenhillsBoulevardMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_StatementGeographicalAxis=land_VanBurenMichiganMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RealEstatePropertiesAxis=land_VanBurenTrailMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_StatementGeographicalAxis=land_AllegranandVanBurenMichiganMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RealEstatePropertiesAxis=land_BlueStarHighwayMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_StatementGeographicalAxis=land_YoloCaliforniaMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RealEstatePropertiesAxis=land_YoloCountryLineRoadMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis=land_TwoThousandEighteenNewRealEstateActivityMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RealEstatePropertiesAxis=land_CemeteryRoadMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_StatementGeographicalAxis=land_KernCountyCaliforniaMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_RealEstatePropertiesAxis=land_TaftHighwayMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |