Direct imaging of wide planetary mass companions provide a unique opportunity to fully characterize their spectroscopic and photometric properties. They share similar physical properties to gas giant exoplanets found by radial velocity and transit techniques, with overlapping temperatures in the range of ~1000–1500K and masses from a few to a dozen Jupiter masses. We have recently identified a young L-type companion at ~100 AU of a previously unrecognized M dwarf. We determined the parallactic distance of the system of 12.7 ± 1.0 pc. By comparison with evolutionary models we derived a mass of 73 (+20, -15) MJup for the primary, at around the substellar mass limit and 11.2 (+9.7, -1.8) MJup for the secondary, near the deuterium burning mass limit. In this talk I will present the properties of the two components of this new pair and discuss the possibilities for future thorough characterization.