XML 64 R65.htm IDEA: XBRL DOCUMENT
v3.19.3.a.u2

Equity - Additional Information (Detail) |  |  | 12 Months Ended | 21 Months Ended | 30 Months Ended |  |  |  |
--- | --- | --- | --- | --- | --- | --- | --- | --- | ---
May 31, 2018 USD ($) $ / shares shares | Apr. 12, 2017 USD ($) security | Dec. 31, 2019 USD ($) offering $ / shares shares | Dec. 31, 2018 USD ($) offering $ / shares shares | Dec. 31, 2018 USD ($) offering $ / shares shares | Sep. 30, 2019 USD ($) | Jan. 10, 2018 shares | Jan. 09, 2018 shares | Dec. 31, 2017 shares | Aug. 07, 2015 USD ($)
Sale of Stock [Line Items] |  |  |  |  |  |  |  |  |  |
Stock authorized and unissued (in shares) |  |  |  |  |  |  | 6,500,000 |  |  |
Common stock, shares authorized (in shares) |  |  | 91,500,000 | 91,500,000 | 91,500,000 |  | 91,500,000 | 98,000,000 |  |
Preferred stock, liquidation value | $ |  |  | $ 118,900,000 | $ 28,609,825 | $ 28,609,825 |  |  |  |  |
Common stock, par value (in dollars per share) | $ / shares |  |  | $ 0.001 | $ 0.001 | $ 0.001 |  |  |  |  |
Common stock, shares issued (in shares) |  |  | 20,936,658 | 17,891,340 | 17,891,340 |  |  |  |  |
Common stock, shares outstanding (in shares) |  |  | 20,936,658 | 17,891,340 | 17,891,340 |  |  |  |  |
Proceeds from issuance of preferred and common equity | $ |  |  | $ 118,357,000 | $ 74,417,000 |  |  |  |  |  |
Redemptions of Series B Preferred Stock | $ |  |  | 340,000 |  |  |  |  |  |  |
Payments of stock issuance costs | $ |  |  | $ 9,186,000 | $ 4,186,000 |  |  |  |  |  |
Number of overnight public offerings | offering |  |  | 1 | 2 | 2 |  |  |  |  |
2017 Registration Statement |  |  |  |  |  |  |  |  |  |
Sale of Stock [Line Items] |  |  |  |  |  |  |  |  |  |
Maximum number of securities that can be sold (in securities) | security |  | 2 |  |  |  |  |  |  |  |
Proceeds from issuance of preferred and common equity | $ |  |  |  |  |  | $ 96,700,000 |  |  |  |
Common Stock |  |  |  |  |  |  |  |  |  |
Sale of Stock [Line Items] |  |  |  |  |  |  |  |  |  |
Common stock, shares outstanding (in shares) |  |  | 20,936,658 | 17,891,340 | 17,891,340 |  |  |  | 13,791,574 |
Common Stock | 2017 Registration Statement |  |  |  |  |  |  |  |  |  |
Sale of Stock [Line Items] |  |  |  |  |  |  |  |  |  |
Common stock, shares issued (in shares) |  |  | 7,870,469 |  |  |  |  |  |  |
Securities allowed for issuance (amount up to) | $ |  | $ 300,000,000 |  |  |  |  |  |  |  |
Common stock, issued (in shares) |  |  |  |  | 1,215,565 |  |  |  |  |
Gladstone Land Limited Partnership |  |  |  |  |  |  |  |  |  |
Sale of Stock [Line Items] |  |  |  |  |  |  |  |  |  |
OP units held by non-controlling limited partners (in shares) |  |  | 288,303 | 570,879 |  |  |  |  |  |
OP units held by non-controlling interest limited partners (in shares) |  |  | 0 |  |  |  |  |  |  |
Series B Preferred Stock |  |  |  |  |  |  |  |  |  |
Sale of Stock [Line Items] |  |  |  |  |  |  |  |  |  |
Preferred stock, shares authorized (in shares) |  |  | 6,500,000 | 6,500,000 | 6,500,000 |  |  |  |  |
Preferred stock, par value (in dollars per share) | $ / shares |  |  | $ 0.001 | $ 0.001 | $ 0.001 |  |  |  |  |
Preferred stock, shares issued (in shares) |  |  | 4,755,869 | 1,144,393 | 1,144,393 |  |  |  |  |
Preferred stock, shares outstanding (in shares) |  |  | 4,755,869 | 1,144,393 | 1,144,393 |  |  |  |  |
Series B Preferred Stock | 2017 Registration Statement |  |  |  |  |  |  |  |  |  |
Sale of Stock [Line Items] |  |  |  |  |  |  |  |  |  |
Proceeds from issuance of preferred and common equity | $ |  |  |  |  |  | $ 117,300,000 |  |  |  |
Series B Preferred Stock | Preferred Stock |  |  |  |  |  |  |  |  |  |
Sale of Stock [Line Items] |  |  |  |  |  |  |  |  |  |
Preferred stock, shares outstanding (in shares) |  |  | 4,755,869 | 1,144,393 | 1,144,393 |  |  |  | 0 |
Securities allowed for issuance (amount up to) | $ | $ 150,000,000 |  |  |  |  |  |  |  |  |
Maximum amount authorized in Primary Offering (in shares) | 6,000,000 |  |  |  |  |  |  |  |  |
Average sales price of common stock sold (in dollars per share) | $ / shares | $ 25 |  |  |  |  |  |  |  |  |
Proceeds from issuance and preferred stock | $ | $ 131,300,000 |  |  |  |  |  |  |  |  |
Redemption of preferred stock (in shares) |  |  | 14,600 |  |  |  |  |  |  |
Redemption price (in dollars per share) | $ / shares |  |  | $ 23.30 |  |  |  |  |  |  |
Redemptions of Series B Preferred Stock | $ |  |  | $ 340,000 |  |  |  |  |  |  |
Payments of stock issuance costs | $ |  |  | $ 1,200,000 |  |  |  |  |  |  |
Series B Preferred Stock | Preferred Stock | 2017 Registration Statement |  |  |  |  |  |  |  |  |  |
Sale of Stock [Line Items] |  |  |  |  |  |  |  |  |  |
Common stock, shares issued (in shares) |  |  | 4,770,469 |  |  |  |  |  |  |
Common Stock | ATM Program |  |  |  |  |  |  |  |  |  |
Sale of Stock [Line Items] |  |  |  |  |  |  |  |  |  |
Common stock, value authorized | $ |  |  |  |  |  |  |  |  |  | $ 30,000,000.0
OP Unit Holder |  |  |  |  |  |  |  |  |  |
Sale of Stock [Line Items] |  |  |  |  |  |  |  |  |  |
Company's ownership percent (as percent) |  |  | 98.60% | 96.90% | 96.90% |  |  |  |  |
Minimum period required to exercise, in months |  |  | 12 months |  |  |  |  |  |  |

X
- Definition Common Stock Value Authorized Under Equity Offering Program + References No definition available. + Details
Name: | land_CommonStockValueAuthorizedUnderEquityOfferingProgram
Namespace Prefix: | land_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Maximum Amount Of Securities Can Be Sold Under Shelf Registration Statement + References No definition available. + Details
Name: | land_MaximumAmountOfSecuritiesCanBeSoldUnderShelfRegistrationStatement
Namespace Prefix: | land_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | duration

X
- Definition Maximum Number Of Securities Can Be Sold Under Shelf Registration Statement + References No definition available. + Details
Name: | land_MaximumNumberOfSecuritiesCanBeSoldUnderShelfRegistrationStatement
Namespace Prefix: | land_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | duration

X
- Definition Noncontrolling Interest, Minimum Ownership Period Required to Convert Units Held + References No definition available. + Details
Name: | land_NoncontrollingInterestMinimumOwnershipPeriodRequiredtoConvertUnitsHeld
Namespace Prefix: | land_
Data Type: | xbrli:durationItemType
Balance Type: | na
Period Type: | duration

X
- Definition Number of Overnight Public Offerings + References No definition available. + Details
Name: | land_NumberofOvernightPublicOfferings
Namespace Prefix: | land_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | instant

X
- Definition Operating Partnership Units Eligible Redemption + References No definition available. + Details
Name: | land_OperatingPartnershipUnitsEligibleRedemption
Namespace Prefix: | land_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | instant

X
- Definition Operating partnership units held outside. + References No definition available. + Details
Name: | land_OperatingPartnershipUnitsHeldOutside
Namespace Prefix: | land_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | duration

X
- Definition Value of Securities Allowed For Issuance + References No definition available. + Details
Name: | land_ValueOfSecuritiesAllowedForIssuance
Namespace Prefix: | land_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Face amount or stated value per share of common stock. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(29)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_CommonStockParOrStatedValuePerShare
Namespace Prefix: | us-gaap_
Data Type: | num:perShareItemType
Balance Type: | na
Period Type: | instant

X
- Definition The maximum number of common shares permitted to be issued by an entity's charter and bylaws. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(29)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_CommonStockSharesAuthorized
Namespace Prefix: | us-gaap_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | instant

X
- Definition Total number of common shares of an entity that have been sold or granted to shareholders (includes common shares that were issued, repurchased and remain in the treasury). These shares represent capital invested by the firm's shareholders and owners, and may be all or only a portion of the number of shares authorized. Shares issued include shares outstanding and shares held in the treasury. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(29)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_CommonStockSharesIssued
Namespace Prefix: | us-gaap_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | instant

X
- Definition Number of shares of common stock outstanding. Common stock represent the ownership interest in a corporation. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21463-112644 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(29)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_CommonStockSharesOutstanding
Namespace Prefix: | us-gaap_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | instant

X
- Definition The parent entity's interest in net assets of the subsidiary, expressed as a percentage. + References No definition available. + Details
Name: | us-gaap_MinorityInterestOwnershipPercentageByParent
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition The number of units converted into shares of each class of partners' capital account. Units represent shares of ownership of the general, limited, and preferred partners. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 5 -Subparagraph (SAB Topic 4.F) -URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187171-122770 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187085-122770 + Details
Name: | us-gaap_PartnersCapitalAccountUnitsConverted
Namespace Prefix: | us-gaap_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | duration

X
- Definition The cash outflow for cost incurred directly with the issuance of an equity security. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=118932676&loc=d3e3291-108585 + Details
Name: | us-gaap_PaymentsOfStockIssuanceCosts
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Aggregate number of nonredeemable preferred shares reserved for future issuance. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.28) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_PreferredStockCapitalSharesReservedForFutureIssuance
Namespace Prefix: | us-gaap_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | instant

X
- Definition Value of the difference between preference in liquidation and the par or stated values of the preferred shares. + References No definition available. + Details
Name: | us-gaap_PreferredStockLiquidationPreferenceValue
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Face amount or stated value per share of preferred stock nonredeemable or redeemable solely at the option of the issuer. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(28)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_PreferredStockParOrStatedValuePerShare
Namespace Prefix: | us-gaap_
Data Type: | num:perShareItemType
Balance Type: | na
Period Type: | instant

X
- Definition The price per share at which the preferred stock of an entity that has priority over common stock in the distribution of dividends and in the event of liquidation of the entity is redeemed or may be called at. The redemption features of this preferred stock are solely within the control of the issuer. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 5 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21488-112644 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21475-112644 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21564-112644 + Details
Name: | us-gaap_PreferredStockRedemptionPricePerShare
Namespace Prefix: | us-gaap_
Data Type: | num:perShareItemType
Balance Type: | na
Period Type: | instant

X
- Definition The maximum number of nonredeemable preferred shares (or preferred stock redeemable solely at the option of the issuer) permitted to be issued by an entity's charter and bylaws. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(28)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_PreferredStockSharesAuthorized
Namespace Prefix: | us-gaap_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | instant

X
- Definition Total number of nonredeemable preferred shares (or preferred stock redeemable solely at the option of the issuer) issued to shareholders (includes related preferred shares that were issued, repurchased, and remain in the treasury). May be all or portion of the number of preferred shares authorized. Excludes preferred shares that are classified as debt. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(28)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_PreferredStockSharesIssued
Namespace Prefix: | us-gaap_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | instant

X
- Definition Aggregate share number for all nonredeemable preferred stock (or preferred stock redeemable solely at the option of the issuer) held by stockholders. Does not include preferred shares that have been repurchased. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(28)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_PreferredStockSharesOutstanding
Namespace Prefix: | us-gaap_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | instant

X
- Definition Proceeds from issuance of capital stock which provides for a specific dividend that is paid to the shareholders before any dividends to common stockholders and which takes precedence over common stockholders in the event of liquidation. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 14 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=118932676&loc=d3e3255-108585 + Details
Name: | us-gaap_ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition The cash inflow from the issuance of common stock, preferred stock, treasury stock, stock options, and other types of equity. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 14 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=118932676&loc=d3e3255-108585 + Details
Name: | us-gaap_ProceedsFromIssuanceOrSaleOfEquity
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Per share amount received by subsidiary or equity investee for each share of common stock issued or sold in the stock transaction. + References No definition available. + Details
Name: | us-gaap_SaleOfStockPricePerShare
Namespace Prefix: | us-gaap_
Data Type: | num:perShareItemType
Balance Type: | na
Period Type: | instant

X
- Definition Number of stock bought back by the entity at the exercise price or redemption price. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21463-112644 + Details
Name: | us-gaap_StockRedeemedOrCalledDuringPeriodShares
Namespace Prefix: | us-gaap_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | duration

X
- Definition Equity impact of the value of stock bought back by the entity at the exercise price or redemption price. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21463-112644 + Details
Name: | us-gaap_StockRedeemedOrCalledDuringPeriodValue
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

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_SubsidiarySaleOfStockLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_SubsidiarySaleOfStockAxis=land_UniversalRegistrationStatementTwoMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementEquityComponentsAxis=us-gaap_CommonStockMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | dei_LegalEntityAxis=land_GladstoneLandLimitedPartnershipMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementClassOfStockAxis=us-gaap_SeriesBPreferredStockMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementEquityComponentsAxis=us-gaap_PreferredStockMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementClassOfStockAxis=us-gaap_CommonStockMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_SubsidiarySaleOfStockAxis=land_AtMarketProgramMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | srt_OwnershipAxis=land_OPUnitHolderMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |