Stockholders' Equity and Non-controlling Interests

Schedule of declaration and payment of distribution


Fiscal Year	Declaration Date	Record Date	Payment Date	Distributions per Common Share/OP unit
2024	January 2, 2024	January 2, 2024	January 16, 2024	$	0.0600

2023	January 2, 2023	January 2, 2023	January 17, 2023	$	0.0600

Schedule of computation of basic and diluted earnings (loss) per share


	For the three months ended
	March 31,
(in thousands, except per share amounts)	2024		2023
Numerator for net income per share - basic:
Net income available to common stockholders of Farmland Partners Inc.	$	606	$	857

Numerator for net income per share - diluted:
Net income available to common stockholders of Farmland Partners Inc.	$	606	$	857
Dividend equivalent rights allocated to performance-based unvested restricted shares		—		—
Nonforfeitable distributions allocated to time-based unvested restricted shares		—		—
Distributions on Series A preferred units		—		—
Numerator for net income per share - diluted:	$	606	$	857

Denominator:
Weighted-average number of common shares - basic		47,704		54,007
Unvested time-based restricted shares		—		—
Unvested performance-based restricted shares		—		—
Redeemable non-controlling interest		—		—
Weighted-average number of common shares - diluted ⁽¹⁾		47,704		54,007

Income per share attributable to common stockholders - basic	$	0.01	$	0.02
Income per share attributable to common stockholders - diluted	$	0.01	$	0.02

(1)	The limited partners’ outstanding Common units, or the non-controlling interests, (which may be redeemed for shares of common stock) have not been included in the diluted earnings per share calculation as there would be no effect on the amounts since the limited partners’ share of income

would also be added back to net income, therefore increasing both net income and shares. The weighted average number of Common units held by the non-controlling interest was 1.2 million during each of the three months ended March 31, 2024 and 2023.