Farmland Partners (FPI) Tops Q2 AFFO by 9c
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Farmland Partners Inc. Announces Second Quarter AFFO Per Share of $0.16 - a 168% Increase Over Q2 of 2014 - and Reports Full Results for the Quarter Ended June 30, 2015
July 28, 2015 5:10 PM EDTDENVER, July 28, 2015 /PRNewswire/ --Â Farmland Partners Inc. (NYSEMKT: FPI) (the "Company") today reported financial results for the quarter ended June 30, 2015.
Second Quarter Highlights
Reported Adjusted Funds from Operations ("AFFO") per fully diluted weighted average share of $0.16 for the quarter ended June 30, 2015, a 332% increase over the prior quarter and a 168% increase over the same quarter from the prior year Closed on the acquisition of 19,156 acres for an aggregate purchase price of $107.8 million, including 824,398 shares of common stock and 2,232,296 units in the Company's operating partnership ("OP... More