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, with a portfolio spanning approximately 166,000 acres across 17 states. Our company is currently diversified across more than 100 tenant farmers who grow more than 26 major commercial crops. As of the date of this Annual Report on Form 10-K, approximately 75% by value, of the acres in our portfolio are used to grow primary crops, such as corn, soybeans, wheat, rice and cotton, and approximately 25% by value, 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
03/20180.050.128167.00
12/20170.030.128289.33
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

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2017 Leverage 2017
Net Inc/Comm Equity0.02Total Liab/Total Assets0.49
Net Inc/Total Assets0.01Total Liab/Inv Cap0.49
Net Inc/Inv Cap0.01Total Liab/Comm Equity1.65
Pretax Inc/Net Sales0.20Interest Coverage Ratio1.68
Net Inc/Net Sales0.17Curr Debt/EquityNA
Cash Flow/Net Sales0.02LTD/Equity1.58
SG&A/NetSales0.16Total Debt/Equity1.58
Asset Utilization   Liquidity  
Net Receivables Turnover3.94Quick RatioNA
Inventory Turnover28.84Current RatioNA
Inventory Day Sales0.13Net Rec/Curr AssetsNA
Net Sales/Work CapNAInv/Curr AssetsNA
Net Sales/PP&E0.04  

Income Statement (Millions)

  3/31/2018 12/31/2017 9/30/2017 6/30/2017
Total Revenues(Net Sales) 11.21 15.56 12.05 11.46
Cost of Goods Sold 1.70 1.50 1.40 1.20
Selling & Admin Exps 1.97 1.42 1.79 2.17
Operating Income 4.82 10.16 6.12 5.55
Interest Exp 4.39 3.71 3.68 3.45
Pretax Income 0.50 6.53 2.61 2.02
Other Income 0.07 0.08 0.18 -0.08
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 0.44 5.64 2.22 1.69

Balance Sheet (Millions)

Assets 3/31/2018 12/31/2017 9/30/2017 6/30/2017
Cash & Short Term Investments 19.67 53.54 129.30 29.42
Receivables - Total 17.22 16.41 10.16 9.25
Inventories - Total 0.37 0.13 0.09 0.08
Total Current Assets NA NA NA NA
Net Property, Plant & Equipment 1,122.08 1,092.08 975.61 970.47
Total Assets 1,162.60 1,166.09 1,119.72 1,013.02
Liabilities        
Accounts Payable 11.80 12.42 12.82 13.47
Debt in Current Liabilities NA NA NA NA
Total Current Liabilities NA NA NA NA
Long-Term Debt 513.97 514.07 464.49 485.40
Total Liabilities 584.99 576.92 537.51 571.44
Stockholder's Equity        
Minority Interest 44.11 46.51 56.32 63.24
Preferred Stock NA NA NA NA
Common Stock 0.32 0.33 0.32 0.32
Retained Earnings -32.93 -26.04 -24.28 -20.39
Treasury Stock NA NA NA NA
Total Stockholders' Equity 313.24 324.44 318.35 322.83
Total Liabilities and Stockholders' Equity 898.23 901.35 855.86 894.26

Cash Flow Summary (Millions)

Categories 3/31/2018 12/31/2017 9/30/2017 6/30/2017
Net Cash Provided by Operating Activities 15.08 4.33 -1.69 0.90
Net Cash Provided by Investing Activities -33.84 -119.91 -8.15 -21.43
Net Cash Provided by Financing Activities -15.11 39.82 109.72 43.58

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
12/201746.227.910.03
Growth Rates110.59----

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional06/30/1812216,88551.37




Report Date : 7/16/2018

Powered By Edgar Online © 2018EDGAR®Online, a division of Donnelley Financial Solutions. EDGAR® is a federally registered trademark of the U.S. Securities and Exchange Commission. EDGAR Online is not affiliated with or approved by the U.S. Securities and Exchange Commission.