Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
ASSETS
Land, at cost	$ 885,993	$ 869,848
Grain facilities	12,459	12,222
Groundwater	11,472	11,472
Irrigation improvements	41,345	41,988
Drainage improvements	10,315	10,315
Permanent plantings	42,286	39,620
Other	4,698	4,696
Construction in progress	1,795	4,453
Real estate, at cost	1,010,363	994,614
Less accumulated depreciation	(33,596)	(33,083)
Total real estate, net	976,767	961,531
Deposits		426
Cash and cash equivalents	6,228	5,489
Assets held for sale	26	28
Loans and financing receivables, net	31,170	31,020
Right of use asset	355	399
Accounts receivable, net	1,741	7,743
Derivative asset	1,602	1,707
Inventory	2,699	2,335
Equity method investments	4,053	4,136
Intangible assets, net	2,030	2,035
Goodwill	2,706	2,706
Prepaid and other assets	1,697	2,447
TOTAL ASSETS	1,031,074	1,022,002
LIABILITIES
Mortgage notes and bonds payable, net	380,890	360,859
Lease liability	355	399
Dividends payable	2,964	13,286
Accrued interest	4,376	4,747
Accrued property taxes	2,523	1,898
Deferred revenue	9,889	2,149
Accrued expenses	3,659	7,854
Total liabilities	404,656	391,192
Commitments and contingencies (See Note 8)
Redeemable non-controlling interest in operating partnership, Series A preferred units	99,743	101,970
EQUITY
Common stock, $0.01 par value, 500,000,000 shares authorized; 48,154,991 shares issued and outstanding at March 31, 2024, and 48,002,716 shares issued and outstanding at December 31, 2023	466	466
Additional paid in capital	577,648	577,253
Retained earnings	32,041	31,411
Cumulative dividends	(98,830)	(95,939)
Other comprehensive income	2,476	2,691
Non-controlling interests in operating partnership	12,874	12,958
Total equity	526,675	528,840
TOTAL LIABILITIES, REDEEMABLE NON-CONTROLLING INTERESTS IN OPERATING PARTNERSHIP AND EQUITY	$ 1,031,074	$ 1,022,002