Table 67. Summary by Legal Status For Tax Purposes: 2012 (continued) 
[For meaning of abbreviations and symbols, see introductory text.] 
Item 
Total 
Family or 
individual 
Partnership 
Total 
Registered 
under 
state law 
FARM PRODUCTION EXPENSES - Con. 
Total farm production expenses ' - Con. 
Rent and lease expenses for machinery, 
equipment, and farm share of vehicles farms 
1,063 
856 
95 
69 
$1,000 
9,404 
(D) 
2,360 
1,602 
Farms with expenses of- 
$1 to $999 
537 
475 
27 
13 
$1 ,000 to $4,999 
312 
248 
27 
23 
$5,000 to $24,999 
143 
103 
15 
11 
$25,000 to $49,999 
34 
17 
13 
12 
$50,000 or more 
37 
13 
13 
10 
Interest expense farms 
5,345 
4,310 
478 
371 
$1,000 
92,053 
49,065 
26,146 
23,202 
Farms with expenses of- 
$1 to $4,999 
2,524 
2,172 
178 
110 
$5,000 to $24,999 
2,145 
1,755 
150 
131 
$25,000 to $99,999 
526 
326 
87 
75 
$100,000 or more 
150 
57 
63 
55 
Secured by real estate farms 
3,939 
3,199 
337 
273 
$1,000 
67,520 
36,807 
18,052 
15,902 
Farms with expenses of- 
$1 to $999 
445 
393 
23 
19 
$1,000 to $4,999 
1,231 
1,102 
69 
35 
$5,000 to $24,999 
1,740 
1,420 
119 
107 
$25,000 to $49,999 
267 
178 
39 
32 
$50,000 or more 
256 
106 
87 
80 
Not secured by real estate farms 
3,063 
2,445 
285 
229 
$1,000 
24,534 
12,258 
8,094 
7,299 
Farms with expenses of- 
$1 to $999 
981 
825 
62 
45 
$1 ,000 to $4,999 
1,316 
1,108 
99 
75 
$5,000 to $24,999 
581 
416 
74 
66 
$25,000 to $49,999 
99 
55 
22 
19 
$50,000 or more 
86 
41 
28 
24 
Property taxes paid farms 
19,154 
16,462 
1,211 
895 
$1,000 
36,159 
23,818 
6,768 
5,485 
Farms with expenses of- 
$1 to $4,999 
17,992 
15,775 
965 
677 
$5,000 to $9,999 
681 
462 
101 
94 
$10,000 to $24,999 
310 
153 
79 
72 
$25,000 or more 
171 
72 
66 
52 
All other production 
expenses (see text) farms 
9,046 
7,340 
755 
587 
$1,000 
133,673 
60,976 
43,211 
36,032 
Farms with expenses of- 
$1 to $4,999 
6,810 
5,910 
377 
253 
$5,000 to $24,999 
1,652 
1,149 
213 
190 
$25,000 to $49,999 
246 
131 
56 
50 
$50,000 to $99,999 
148 
66 
43 
39 
$100,000 or more 
190 
84 
66 
55 
Production expenses paid by 
landlords ^ farms 
266 
212 
25 
17 
$1,000 
2,772 
1,516 
898 
795 
Depreciation expenses claimed farms 
6,913 
5,426 
682 
549 
$1,000 
177,631 
88,014 
50,679 
40,122 
NET CASH FARM INCOME (SEE TEXT) 
Net cash farm income of operations farms 
24,721 
21,610 
1,290 
939 
$1,000 
234,870 
17,137 
122,302 
96,688 
Average per farm dollars 
9,501 
793 
94,808 
102,969 
Farms with net gains ^ number 
7,879 
6,471 
650 
500 
Average net gain dollars 
62,565 
32,114 
233,206 
244,325 
Gain of- 
Less than $1 ,000 
1,269 
1,169 
44 
14 
$1 ,000 to $4,999 
2,305 
2,115 
86 
58 
$5,000 to $9,999 
1,052 
943 
44 
31 
$10,000 to $24,999 
1,090 
876 
82 
72 
$25,000 to $49,999 
840 
624 
94 
65 
$50,000 or more 
1,323 
744 
300 
260 
Farms with net losses number 
16,842 
15,139 
640 
439 
Average net loss dollars 
15,324 
12,595 
45,754 
58,029 
Loss of- 
Less than $1 ,000 
2,107 
1,944 
65 
44 
$1,000 to $4,999 
6,084 
5,665 
154 
94 
$5,000 to $9,999 
3,514 
3,192 
128 
63 
$10,000 to $24,999 
3,200 
2,841 
134 
101 
$25,000 to $49,999 
1,120 
926 
71 
57 
$50,000 or more 
817 
571 
88 
80 
Net cash farm income of operators farms 
24,721 
21,610 
1,290 
939 
$1,000 
222,144 
9,619 
119,903 
94,535 
Average per farm dollars 
8,986 
445 
92,948 
100,676 
Operators reporting net gains ^ farms 
7,847 
6,450 
642 
496 
Average net gain dollars 
61,550 
31,350 
232,808 
242,531 
See footnote(s) at end of table. --continued 
138 New Mexico 2012 Census of Agriculture - State Data 
USDA, National Agricultural Statistics Service 
