Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
ASSETS
Land, at cost	$ 969,360	$ 945,951
Grain facilities	10,918	10,754
Groundwater	12,602	10,214
Irrigation improvements	53,431	52,693
Drainage improvements	12,528	12,606
Permanent plantings	53,698	53,698
Other	6,995	6,848
Construction in progress	14,125	10,647
Real estate, at cost	1,133,657	1,103,411
Less accumulated depreciation	(43,224)	(38,303)
Total real estate, net	1,090,433	1,065,108
Deposits	269	58
Cash	8,869	30,171
Assets held for sale	34	530
Notes and interest receivable, net	5,910	6,112
Right of use asset	368	107
Deferred offering costs	53	40
Accounts receivable, net	6,632	4,900
Derivative asset	2,014
Inventory	3,123	3,059
Equity method investments	4,149	3,427
Intangible assets, net	2,060	1,915
Goodwill	2,706	2,706
Prepaid and other assets	1,256	3,392
TOTAL ASSETS	1,127,876	1,121,525
LIABILITIES
Mortgage notes and bonds payable, net	408,372	511,323
Lease liability	368	107
Dividends payable	3,333	2,342
Derivative liability		785
Accrued interest	3,578	3,011
Accrued property taxes	2,856	1,762
Deferred revenue	111	45
Accrued expenses	8,855	9,564
Total liabilities	427,473	528,939
Commitments and contingencies (See Note 8)
Redeemable non-controlling interest in operating partnership, Series A preferred units	109,408	120,510
EQUITY
Common stock, $0.01 par value, 500,000,000 shares authorized; 54,319,217 shares issued and outstanding at September 30, 2022, and 45,474,145 shares issued and outstanding at December 31, 2021	531	444
Additional paid in capital	646,999	524,183
Retained deficit	(2,189)	(4,739)
Cumulative dividends	(70,705)	(61,853)
Other comprehensive income	3,205	279
Non-controlling interests in operating partnership	13,154	13,762
Total equity	590,995	472,076
TOTAL LIABILITIES, REDEEMABLE NON-CONTROLLING INTERESTS IN OPERATING PARTNERSHIP AND EQUITY	$ 1,127,876	$ 1,121,525