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Quarterly Financial Information (unaudited) (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2024
Sep. 30, 2024
Jun. 30, 2024
Mar. 31, 2024
Dec. 31, 2023
Sep. 30, 2023
Jun. 30, 2023
Mar. 31, 2023
Dec. 31, 2024
Dec. 31, 2023
Operating revenues $ 21,474 $ 13,317 $ 11,445 $ 11,990 $ 21,592 $ 11,618 $ 11,584 $ 12,672 $ 58,226 $ 57,466
Operating expenses 10,397 8,094 8,205 6,843 11,201 11,603 8,828 7,835 33,539 39,467
Other expenses (49,134) 3,374 5,293 3,720 (7,375) (4,109) (5,146) 3,114 (36,747) (13,516)
Net income (loss) before income tax expense 60,211 1,849 (2,053) 1,427 17,766 4,124 7,902 1,723 61,434 31,515
Income tax expense 45 (11) 1 (19) (12) 191 (4) (9) 16 166
NET INCOME 60,256 1,838 (2,052) 1,408 17,754 4,315 7,898 1,714 61,450 31,681
Net income available to common stockholders of Farmland Partners Inc. - basic $ 57,563 $ 1,028 $ (2,769) $ 606 $ 16,482 $ 3,446 $ 7,001 $ 857 $ 56,428 $ 27,786
Basic net income (loss) per share available to common stockholders $ 1.22 $ 0.02 $ (0.06) $ 0.01 $ 0.35 $ 0.07 $ 0.14 $ 0.02 $ 1.19 $ 0.55
Diluted net income (loss) per share available to common stockholders $ 1.04 $ 0.02 $ (0.06) $ 0.01 $ 0.3 $ 0.07 $ 0.12 $ 0.02 $ 1.06 $ 0.53
Basic weighted average common shares outstanding (in shares) 46,836 47,839 47,798 47,704 47,762 48,432 50,860 54,007 47,546 50,243
Diluted weighted average common shares outstanding (in shares) 55,093 47,839 47,798 47,704 55,635 48,432 59,112 54,007 55,987 58,292
Gain (loss) on disposition of assets                 $ 54,148 $ 36,133
Other Expense                    
Gain (loss) on disposition of assets $ (52,200) $ (2,000) $ 0 $ 100 $ 12,900 $ 10,300 $ 11,100 $ 1,800