Concentration Risk (Tables)

12 Months Ended

Dec. 31, 2019

Tenant concentration

Concentration Risk

Summary of concentrations

	Rental Income Recognized
	For the year ended December 31,
($ in thousands)	2019				2018				2017
Tenant A(1)	$	5,905	12.2	%	$	6,996	13.6	%	$	7,041	16.4	%
Tenant B(1)	$	7,056	14.6	%	$	6,957	13.6	%	$	—	—	%

(1) The Company has numerous permanent crop leases with these major farming companies located in Califonia.

Geographic concentration

Concentration Risk

Summary of concentrations

	Approximate % of Total Acres						Rental Income
	As of December 31,						For the year ended December 31,
Location of Farm	2019		2018		2017		2019		2018		2017
Alabama	0.4	%	0.3	%	0.4	%	0.2	%	0.4	%	0.2	%
Arkansas	9.1	%	8.3	%	9.1	%	4.4	%	4.0	%	4.7	%
California	7.3	%	7.2	%	7.2	%	34.6	%	36.8	%	27.8	%
Colorado	15.5	%	14.9	%	15.1	%	5.4	%	4.4	%	6.4	%
Florida	3.0	%	4.6	%	4.6	%	2.1	%	1.7	%	3.1	%
Georgia	3.4	%	3.3	%	3.3	%	2.1	%	2.1	%	4.0	%
Illinois	24.5	%	24.1	%	25.5	%	24.5	%	24.3	%	28.8	%
Kansas	1.2	%	1.2	%	1.2	%	0.3	%	0.3	%	0.4	%
Louisiana	5.3	%	5.2	%	5.9	%	3.1	%	2.8	%	3.3	%
Michigan	0.3	%	1.4	%	1.4	%	0.8	%	1.7	%	1.6	%
Mississippi	3.1	%	3.0	%	3.1	%	1.7	%	1.7	%	2.0	%
North Carolina	10.5	%	10.3	%	6.9	%	7.4	%	7.1	%	4.3	%
Nebraska	3.8	%	3.7	%	3.7	%	3.3	%	3.0	%	3.6	%
South Carolina	9.5	%	9.4	%	9.1	%	8.2	%	7.9	%	7.7	%
South Dakota	1.0	%	1.0	%	1.1	%	0.8	%	0.7	%	0.6	%
Texas	1.3	%	1.3	%	1.7	%	0.7	%	0.8	%	1.1	%
Virginia	0.8	%	0.8	%	0.7	%	0.4	%	0.4	%	0.4	%
	100.0	%	100.0	%	100.0	%	100.0	%	100.0	%	100.0	%