Company Information

  

Address: 4600 S. SYRACUSE STREET, SUITE 1450  
City: DENVER 
State: CO 
Zip Code: 80237 
Telephone: 720-452-3100 

Description of Business

Primary SIC Code: 6798
(As filed with the SEC)  

References to "we," "our," "us" and "our company" refer to Farmland Partners Inc., a Maryland corporation, together with our consolidated subsidiaries, including Farmland Partners Operating Partnership, L.P., a Delaware limited partnership (the "Operating Partnership"), of which we are the sole member of the sole general partner. We are the largest public farmland real estate investment trust in the nation, spanning more than 147,000 acres across 17 states. Our company is currently diversified across 100 tenant farmers who grow more than 26 major commercial crops. As of the date of this Annual Report, approximately 75% of the acres in our portfolio are used to grow primary crops, such as corn, soybeans, wheat, rice and cotton, and approximately 25% of the acres in our portfolio are used to grow specialty crops, such as almond, citrus, blueberries, vegetables and edible beans.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
09/20170.250.12836.16
06/20170.180.12849.67
03/20170.140.12879.79
12/20160.090.128124.00
09/2016-0.160.128N/E
06/2016-0.040.128N/E
03/2016-0.050.128N/E
12/20150.080.128137.12

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2016 Leverage 2016
Net Inc/Comm Equity0.02Total Liab/Total Assets0.57
Net Inc/Total Assets0.01Total Liab/Inv Cap0.57
Net Inc/Inv Cap0.01Total Liab/Comm Equity2.17
Pretax Inc/Net Sales0.19Interest Coverage Ratio1.60
Net Inc/Net Sales0.14Curr Debt/EquityNA
Cash Flow/Net Sales0.16LTD/Equity1.91
SG&A/NetSales0.24Total Debt/Equity1.91
Asset Utilization   Liquidity  
Net Receivables Turnover5.88Quick RatioNA
Inventory Turnover8.94Current RatioNA
Inventory Day Sales0.02Net Rec/Curr AssetsNA
Net Sales/Work CapNAInv/Curr AssetsNA
Net Sales/PP&E0.05  

Income Statement (Millions)

  9/30/2017 6/30/2017 3/31/2017 12/31/2016
Total Revenues(Net Sales) 12.05 11.46 7.15 13.33
Cost of Goods Sold 1.40 1.20 1.80 0.85
Selling & Admin Exps 1.79 2.17 2.24 2.45
Operating Income 6.12 5.55 0.71 8.31
Interest Exp 3.68 3.45 2.72 2.09
Pretax Income 2.61 2.02 -2.00 6.43
Other Income 0.18 -0.08 0.01 0.20
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 2.22 1.69 -1.63 4.71

Balance Sheet (Millions)

Assets 9/30/2017 6/30/2017 3/31/2017 12/31/2016
Cash & Short Term Investments 129.30 29.42 6.36 47.17
Receivables - Total 10.16 9.25 7.21 7.02
Inventories - Total 0.09 0.08 0.20 0.28
Total Current Assets NA NA NA NA
Net Property, Plant & Equipment 975.61 970.47 953.00 594.06
Total Assets 1,119.72 1,013.02 971.27 655.53
Liabilities        
Accounts Payable 12.82 13.47 13.52 10.26
Debt in Current Liabilities NA NA NA NA
Total Current Liabilities NA NA NA NA
Long-Term Debt 464.49 485.40 436.68 308.78
Total Liabilities 537.51 571.44 531.35 373.71
Stockholder's Equity        
Minority Interest 56.32 63.24 67.23 53.69
Preferred Stock NA NA NA NA
Common Stock 0.32 0.32 0.32 0.17
Retained Earnings -24.28 -20.39 -17.01 4.10
Treasury Stock NA NA NA NA
Total Stockholders' Equity 318.35 322.83 322.04 161.90
Total Liabilities and Stockholders' Equity 855.86 894.26 853.39 535.61

Cash Flow Summary (Millions)

Categories 9/30/2017 6/30/2017 3/31/2017 12/31/2016
Net Cash Provided by Operating Activities -1.69 0.90 -2.61 1.43
Net Cash Provided by Investing Activities -8.15 -21.43 -84.62 -10.05
Net Cash Provided by Financing Activities 109.72 43.58 46.43 38.60

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/20132.350.03--
12/20144.22-0.57-0.15
12/201513.761.230.08
12/201631.004.300.09
Growth Rates136.28----

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional09/30/1711513,32641.21




Report Date : 12/11/2017

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