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Farmland Partners Inc., a real estate company, owns and seeks to acquire farmland located in agricultural markets in North America. Its farms are used to grow primary crops, such as corn, soybeans, wheat, rice, and cotton. The company's farms are also used to grow specialty crops, including almond, citrus, blueberries, vegetables, and edible beans. As of December 31, 2016, it owned farms with an aggregate of approximately 142,223 acres in Alabama, Arkansas, California, Colorado, Florida, Georgia, Illinois, Kansas, Louisiana, Michigan, Mississippi, Nebraska, North Carolina, South Carolina, Texas, and Virginia. Farmland Partners Inc. also provides loans to third-party farmers for working capital requirements and operational farming activities, farming infrastructure projects, and for other farming and agricultural real estate related purposes. The company elected and qualified to be taxed as a real estate investment trust for U.S. federal income tax purposes. Farmland Partners Inc. was founded in 2013 and is based in Denver, Colorado.
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