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FULL YEAR: FARMLAND PARTNERS' REVENUES TRIPLE, EARNINGS UP 7X
Source: Farmland Partners news release

Farmland Partners Inc. (NYSE: FPI) (the "Company") today reported financial results for the quarter and year ended December 31, 2016.

After the completion of its merger with American Farmland Company ("AFCO"), the Company has become the largest public farmland real estate investment trust in the nation, spanning more than 148,000 acres across 17 states and is diversified across more than 100 tenant farmers who grow more than 26 major commercial crops.

"Since the start of 2016, we have completed roughly $600 million of farmland acquisitions," said Paul Pittman, CEO of the Company. "With nearly $1 billion of farm real estate assets across the country and a market cap of over $400 million, we have achieved a level of scale and diversification where we expect to realize further returns from continued growth across different regions and crop types, and we believe this scale and diversification is beginning to appear in our financial results."

To view the complete report, click here.


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