---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-24-001994"
form_type: "8-K"
ticker: "FPI"
cik: "0001591670"
company_name: "Farmland Partners Inc."
filed_at: "2024-02-28T23:59:59+00:00"
generated_at: "2026-06-05T08:52:15.105056+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Farmland Partners 2023 net income $31.7M ($0.55/shr); AFFO $0.16/shr; sold $195.5M in assets

## Summary
- Net income $31.7M ($0.55/shr) vs $12.0M ($0.16/shr) in 2022, up 164.9%.
- AFFO $8.1M ($0.16/shr) vs $15.8M ($0.30/shr) in 2022, down 48.4%.
- Disposed 74 properties for $195.5M, recognized gain $36.1M; used proceeds for buybacks and debt reduction.
- Repurchased 6.55M shares at $11.00/sh avg; reduced debt by $76.4M to $363.1M.
- Renewed leases on 14% of revenue at avg rent increase of ~20%.

## SEC filing metadata
- accession: 0001558370-24-001994
- form_type: 8-K
- ticker: FPI
- cik: 0001591670
- company_name: Farmland Partners Inc.
- filed_at: 2024-02-28T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1591670/000155837024001994/0001558370-24-001994-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1591670/000155837024001994/fpi-20240228x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-24-001994
- JSON: https://secwatch.observer/filing/0001558370-24-001994.json
- Plain text: https://secwatch.observer/filing/0001558370-24-001994.txt

## Key facts
- Earnings Releases
  Farmland Partners Inc. reported financial results for the year ended December 31, 2023.
  - Period: the year ended December 31, 2023
  - Result: reported results
  source text: On February 28, 2024, Farmland Partners Inc. (the “Company”) issued a press release announcing its financial position as of December 31, 2023, results of operations for the year ended December 31, 2023 and other related information. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1591670/000155837024001994/0001558370-24-001994-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.