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Company Description (as filed with the SEC)
We are an internally managed real estate company incorporated in Maryland. We own a diversified portfolio of high-quality farmland, consisting of mature permanent, specialty/vegetable row and commodity row crop farms, including farmland in development, located in select major agricultural regions in the United States. We seek to provide our stockholders with a combination of (i) current income from renting our stable portfolio of mature farms and (ii) capital appreciation, partially driven by our ability to develop properties to maximize their value. We lease our farms to professional farmer tenants under a variety of lease structures with staggered durations, including fixed and participating leases, which typically consist of fixed base rent and participating revenue components. Approximately 55.0% of our 2015 fixed and participating rent was comprised of fixed rent. ... More ...
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|Annual EPS Est:||$0.26|
|Quarterly EPS Est:||0.09|