| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Bad debt expense | NaN | 0 | 0 | 0 |
| Net income | 6,972 | 5,384 | 4,135 | 9,773 |
| Depreciation and amortization | 14,796 | 15,482 | 15,271 | 27,492 |
| Impairment charge | NaN | 0 | 0 | 9 |
| Gain on debt extinguishment, net | NaN | 0 | 0 | 0 |
| Gain on sale of real estate, net | 1,783 | 0 | -10 | 377 |
| Amortization of deferred financing costs | 702 | 1,018 | 516 | 913 |
| Amortization of deferred rent asset and liability, net | -1,382 | -1,418 | -1,615 | -2,996 |
| Straight-line rent adjustment | 947 | 1,065 | 753 | 1,207 |
| Decrease in sales-type lease receivable | 0 | 18,465 | 0 | -18,618 |
| Receipt of sales-type lease receivable | NaN | 18,465 | NaN | NaN |
| Amortization of discount and premium on assumed debt, net | 10 | 6 | 6 | 15 |
| Asset retirement obligation expense | 37 | 35 | 35 | 68 |
| Amortization of right-of-use asset from operating leases and operating lease liabilities, net | 2 | 2 | 2 | 3 |
| Amortization of right-of-use asset finance lease liabilities, net | 9 | 9 | 8 | 9 |
| Decrease in other assets | 287 | -82 | -844 | 1,374 |
| Increase in accounts payable and accrued expenses | 2,313 | -1,738 | -1,615 | 4,149 |
| (decrease) increase in amount due to adviser and administrator | -367 | 755 | -543 | 471 |
| Decrease in other liabilities | -1,147 | -1,252 | 3,542 | -1,784 |
| Leasing commissions paid | 1,017 | 1,579 | 945 | 250 |
| Net cash provided by operating activities | 17,911 | 15,721 | 18,898 | 53,532 |
| Acquisition of real estate and related intangible assets | 0 | 0 | 54,838 | 153,067 |
| Improvements of existing real estate | 571 | 3,573 | 10,224 | 7,182 |
| Proceeds from sale of real estate | 1,963 | 0 | 2,798 | 4,846 |
| Deposits applied against acquisition of real estate investments | NaN | NaN | 0 | 1,450 |
| Receipts from tenants for reserves | 307 | 596 | 1,611 | 934 |
| Borrowings on term loan | NaN | 103,333 | NaN | NaN |
| Payments to tenants from reserves | 370 | 658 | 1,653 | 998 |
| Repayments on term loan | NaN | 53,333 | NaN | NaN |
| Deposits on future acquisitions | -1,450 | NaN | 0 | 1,450 |
| Borrowings on unsecured term loan | NaN | 0 | 0 | 20,000 |
| Net cash provided by (used in) investing activities | 1,329 | -3,062 | -62,487 | -155,828 |
| Proceeds from issuance of equity | 0 | -1 | 23,229 | 38,954 |
| Offering costs paid | 4 | 6 | 319 | 551 |
| Redemption of preferred stock-Series FPreferred Stock | NaN | 2,117 | NaN | 2,383 |
| Retirement of senior common stock | NaN | 0 | NaN | NaN |
| Redemption of preferred stock-Series GPreferred Stock | NaN | 0 | NaN | NaN |
| Repurchase of common stock | NaN | 0 | NaN | NaN |
| Borrowings under mortgage notes payable | NaN | 0 | NaN | NaN |
| Redemption of series f preferred stock | -3,650 | NaN | 4,040 | NaN |
| Payments for deferred financing costs | 108 | 4,995 | 619 | 199 |
| Receipts from lenders for funds held in escrow | 3,447 | 754 | 0 | 0 |
| Repayments on unsecured term loan | NaN | 20,000 | NaN | NaN |
| Payments to lenders for funds held in escrow | 196 | 181 | 181 | 361 |
| Borrowings under senior unsecured notes | NaN | 85,000 | NaN | NaN |
| Principal repayments on mortgage notes payable | 4,358 | 5,529 | 2,409 | 11,988 |
| Borrowings from revolving credit facility | 18,900 | 21,800 | 77,600 | 166,200 |
| Repayments on revolving credit facility | 22,000 | 129,800 | 26,600 | 73,730 |
| Increase in security deposits | 0 | 889 | 243 | 247 |
| Distributions paid to common, senior common, preferred stock and non-controlling op unitholders | 17,592 | 17,598 | 17,147 | 33,428 |
| Net cash (used in) provided by financing activities | -22,301 | -20,700 | 52,321 | 103,122 |
| Net (decrease) increase in cash, cash equivalents, and restricted cash | -3,061 | -8,041 | 8,732 | 826 |
| Cash, cash equivalents, and restricted cash at beginning of period | 16,591 | 24,632 | 15,074 | NaN |
| Cash, cash equivalents, and restricted cash at end of period | 13,530 | 16,591 | 24,632 | NaN |
GLADSTONE COMMERCIAL CORP (GOOD)
GLADSTONE COMMERCIAL CORP (GOOD)