Table 67. Summary by Legal Status For Tax Purposes: 2012 (continued) 
[For meaning of abbreviations and symbols, see introductory text.] 
Corporation 
Other- 
Item 
Family held 
Other than family held 
cooperative. 
Total 
Total 
10 or less 
stockholders 
Total 
1 0 or less 
stockholders 
estate or trust, 
institutional, etc. 
FARM PRODUCTION EXPENSES - Con. 
Total farm production expenses ^ - Con. 
Rent and lease expenses for machinery, 
equipment, and farm share of vehicles 
farms 
83 
78 
77 
5 
5 
29 
$1,000 
(D) 
1,656 
(D) 
(D) 
(D) 
(D) 
Farms with expenses of- 
$1 to $999 
19 
17 
17 
2 
2 
16 
$1,000 to $4,999 
29 
29 
29 
- 
- 
8 
$5,000 to $24,999 
22 
22 
21 
- 
- 
3 
$25,000 to $49,999 
4 
3 
3 
1 
1 
- 
$50,000 or more 
9 
7 
7 
2 
2 
2 
Interest expense 
farms 
451 
412 
400 
39 
35 
106 
$1,000 
15,549 
14,500 
14,222 
1,050 
1,013 
1,293 
Farms with expenses of- 
$1 to $4,999 
124 
117 
111 
7 
6 
50 
$5,000 to $24,999 
194 
171 
170 
23 
20 
46 
$25,000 to $99,999 
105 
98 
93 
7 
7 
8 
$100,000 or more 
28 
26 
26 
2 
2 
2 
Secured by real estate 
farms 
327 
292 
285 
35 
31 
76 
$1,000 
11,817 
11,046 
10,827 
770 
734 
844 
Farms with expenses of- 
$1 to $999 
17 
16 
13 
1 
1 
12 
$1,000 to $4,999 
44 
35 
35 
9 
8 
16 
$5,000 to $24,999 
159 
141 
141 
18 
15 
42 
$25,000 to $49,999 
45 
42 
40 
3 
3 
5 
$50,000 or more 
62 
58 
56 
4 
4 
1 
Not secured by real estate 
farms 
269 
248 
237 
21 
21 
64 
$1,000 
3,733 
3,453 
3,395 
280 
280 
449 
Farms with expenses of- 
$1 to $999 
72 
60 
54 
12 
12 
22 
$1,000 to $4,999 
83 
79 
76 
4 
4 
26 
$5,000 to $24,999 
78 
75 
74 
3 
3 
13 
$25,000 to $49,999 
21 
21 
20 
- 
- 
1 
$50,000 or more 
15 
13 
13 
2 
2 
2 
Property taxes paid 
farms 
1,023 
947 
918 
76 
61 
458 
$1,000 
4,822 
4,364 
4,257 
458 
(D) 
752 
Farms with expenses of- 
$1 to $4,999 
815 
752 
733 
63 
51 
437 
$5,000 to $9,999 
105 
102 
96 
3 
3 
13 
$10,000 to $24,999 
71 
66 
62 
5 
2 
7 
$25,000 or more 
32 
27 
27 
5 
5 
1 
All other production 
expenses (see text) 
farms 
697 
655 
630 
42 
36 
254 
$1,000 
25,652 
20,572 
20,230 
5,080 
5,024 
3,833 
Farms with expenses of- 
$1 to $4,999 
318 
302 
289 
16 
12 
205 
$5,000 to $24,999 
254 
237 
227 
17 
16 
36 
$25,000 to $49,999 
53 
50 
50 
3 
2 
6 
$50,000 to $99,999 
35 
34 
32 
1 
1 
4 
$100,000 or more 
37 
32 
32 
5 
5 
3 
Production expenses paid by 
landlords ^ 
farms 
20 
19 
19 
1 
1 
9 
$1,000 
(D) 
321 
321 
(D) 
(D) 
(D) 
Depreciation expenses claimed 
farms 
645 
594 
567 
51 
45 
160 
$1,000 
32,950 
29,793 
28,784 
3,157 
3,043 
5,988 
NET CASH FARM INCOME (SEE TEXT) 
Net cash farm income of operations 
farms 
1,079 
985 
955 
94 
73 
742 
$1,000 
88,054 
78,906 
76,991 
9,148 
9,293 
7,377 
Average per farm 
dollars 
81,607 
80,108 
80,619 
97,316 
127,304 
9,942 
Farms with net gains ^ 
number 
528 
485 
462 
43 
33 
230 
Average net gain 
dollars 
221,674 
216,617 
222,553 
278,711 
354,006 
71 ,789 
Gain of- 
Less than $1 ,000 
18 
16 
16 
2 
2 
38 
$1,000 to $4,999 
40 
38 
38 
2 
1 
64 
$5,000 to $9,999 
48 
43 
37 
5 
2 
17 
$10,000 to $24,999 
80 
73 
69 
7 
6 
52 
$25,000 to $49,999 
101 
86 
83 
15 
11 
21 
$50,000 or more 
241 
229 
219 
12 
11 
38 
Farms with net losses 
number 
551 
500 
493 
51 
40 
512 
Average net loss 
dollars 
52,613 
52,306 
52,391 
55,624 
59,726 
17,841 
Loss of- 
Less than $1 ,000 
29 
28 
28 
1 
1 
69 
$1,000 to $4,999 
82 
72 
71 
10 
7 
183 
$5,000 to $9,999 
94 
86 
84 
8 
8 
100 
$10,000 to $24,999 
125 
119 
117 
6 
6 
100 
$25,000 to $49,999 
96 
80 
80 
16 
10 
27 
$50,000 or more 
125 
115 
113 
10 
8 
33 
Net cash farm income of operators 
farms 
1,079 
985 
955 
94 
73 
742 
$1,000 
85,460 
76,312 
74,397 
9,148 
9,294 
7,163 
Average per farm 
dollars 
79,203 
77,474 
77,902 
97,321 
127,311 
9,653 
Operators reporting net gains ^ 
farms 
524 
481 
458 
43 
33 
231 
Average net gain 
dollars 
219,318 
214,007 
219,865 
278,722 
354,021 
70,977 
See footnote(s) at end of table. -continued 
2012 Census of Agriculture - State Data 
USDA, National Agricultural Statistics Service 
New Mexico 139 
