Farmland Partners Inc. (FPI)
2025-06-30 | 2025-03-31 | 2024-09-30 | 2024-06-30 | |
|---|---|---|---|---|
| Amount of operating lease, lease income, amended during the year | - | 301 [1] | - | - |
| Amount of operating lease rental income at the beginning of the year | - | 6,669 [1] | - | - |
| Fixed farm rent | - | 4,819 [2] | - | - |
| Solar wind and recreation rent | - | 1,548 [2] | - | - |
| Tenant reimbursements | - | 603 [2] | - | - |
| Total operating revenues | 9,960 | 10,252 | 13,317 | 11,445 |
| Legal and accounting | 657 | 444 | 502 | 407 |
| Other operating expenses | 5 | 12 | 11 | - |
| General and administrative expenses | 2,413 | 2,621 | 2,634 | 3,737 |
| Depreciation, depletion and amortization | 1,130 | 1,173 | 1,414 | 1,430 |
| Acquisition and due diligence costs | -3 | 5 | - | - |
| Impairment of assets | 16,821 | - | - | - |
| Property operating expenses | 1,606 | 1,480 | 1,956 | 1,870 |
| Cost of goods sold | 1,464 | 664 | 1,577 | 761 |
| Total operating expenses | 24,093 | 6,399 | 8,094 | 8,205 |
| The amount of gain (loss) related to forfeited earnest money. | - | - | - | - |
| Other (income) expense | 123 | 133 | 134 | -52 |
| Interest expense | 2,437 | 2,638 | 5,496 | 5,249 |
| (income) from equity method investment | 3 | -1 | 8 | 18 |
| (gain) loss on disposition of assets, net | 24,228 | 763 | 1,980 | -10 |
| Total other (income) expense | 21,917 | -1,743 | -3,374 | -5,293 |
| Net income (loss) before income tax (benefit) expense | 7,784 | 2,110 | 1,849 | -2,053 |
| Income tax (benefit) expense | -8 | 17 | 11 | -1 |
| Net income (loss) | 7,792 | 2,093 | 1,838 | -2,052 |
| Net (income) loss attributable to non-controlling interests in operating partnership | 190 | 54 | 45 | -50 |
| Net income (loss) attributable to the company | 7,602 | 2,039 | 1,793 | -2,002 |
| Distributions on series a preferred units | 743 | 743 | 743 | - |
| Dividend equivalent rights or nonforfeitable distributions allocated to unvested restricted shares-Performance Based Restricted Shares | 4 | - | - | - |
| Dividend equivalent rights or nonforfeitable distributions allocated to unvested restricted shares-Time Based Restricted Shares | 19 | - | - | - |
| Dividend equivalent rights or nonforfeitable distributions allocated to unvested restricted shares | - | 24 | 2 | - |
| Net income (loss) available to common stockholders of farmland partners inc | 6,836 | 1,272 | 1,028 | -2,002 |
| Earnings per share, basic | 0.15 | 0.03 | 0.02 | -0.06 |
| Earnings per share, diluted | 0.14 | 0.03 | 0.02 | -0.06 |
| Weighted average number of shares outstanding, basic | 45,248,000 | 45,590,000 | 47,839,000 | 47,798,000 |
| Weighted average number of shares outstanding, diluted | 53,984,000 | 45,590,000 | 47,839,000 | 47,798,000 |