Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2024	Dec. 31, 2023
ASSETS
Land, at cost	$ 886,003	$ 869,848
Grain facilities	12,459	12,222
Groundwater	11,033	11,472
Irrigation improvements	41,751	41,988
Drainage improvements	10,315	10,315
Permanent plantings	42,474	39,620
Other	4,626	4,696
Construction in progress	1,818	4,453
Real estate, at cost	1,010,479	994,614
Less accumulated depreciation	(35,833)	(33,083)
Total real estate, net	974,646	961,531
Deposits	1	426
Cash and cash equivalents	8,090	5,489
Assets held for sale	24	28
Loans and financing receivables, net	22,239	31,020
Right of use asset	242	399
Accounts receivable, net	9,033	7,743
Derivative asset	807	1,707
Inventory	2,785	2,335
Equity method investments	4,079	4,136
Intangible assets, net	2,019	2,035
Goodwill	2,706	2,706
Prepaid and other assets	452	2,447
TOTAL ASSETS	1,027,123	1,022,002
LIABILITIES
Mortgage notes and bonds payable, net	392,244	360,859
Lease liability	242	399
Dividends payable	2,970	13,286
Accrued interest	5,069	4,747
Accrued property taxes	2,341	1,898
Deferred revenue	130	2,149
Accrued expenses	3,486	7,854
Total liabilities	406,482	391,192
Commitments and contingencies (See Note 8)
Redeemable non-controlling interest in operating partnership, Series A preferred units	101,228	101,970
EQUITY
Common stock, $0.01 par value, 500,000,000 shares authorized; 48,172,637 shares issued and outstanding at September 30, 2024, and 48,002,716 shares issued and outstanding at December 31, 2023	465	466
Additional paid in capital	579,044	577,253
Retained earnings	30,348	31,411
Cumulative dividends	(104,615)	(95,939)
Other comprehensive income	1,463	2,691
Non-controlling interests in operating partnership	12,708	12,958
Total equity	519,413	528,840
TOTAL LIABILITIES, REDEEMABLE NON-CONTROLLING INTERESTS IN OPERATING PARTNERSHIP AND EQUITY	$ 1,027,123	$ 1,022,002