For the quarter ending 2026-03-31, GOODN had -$3,061K decrease in cash & cash equivalents over the period.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 |
|---|---|---|---|
| Net income | 6,972 | 5,384 | 13,908 |
| Depreciation and amortization | 14,796 | 15,482 | 42,763 |
| Impairment charge | - | 0 | 9 |
| Gain on debt extinguishment, net | - | 0 | 0 |
| Gain on sale of real estate, net | 1,783 | 0 | 367 |
| Amortization of deferred financing costs | 702 | 1,018 | 1,429 |
| Amortization of deferred rent asset and liability, net | -1,382 | -1,418 | -4,611 |
| Straight-line rent adjustment | 947 | 1,065 | 1,960 |
| Decrease in sales-type lease receivable | 0 | 18,465 | -18,618 |
| Receipt of sales-type lease receivable | - | 18,465 | - |
| Amortization of discount and premium on assumed debt, net | 10 | 6 | 21 |
| Asset retirement obligation expense | 37 | 35 | 103 |
| Amortization of right-of-use asset from operating leases and operating lease liabilities, net | 2 | 2 | 5 |
| Amortization of right-of-use asset finance lease liabilities, net | 9 | 9 | 17 |
| Bad debt expense | - | 0 | 0 |
| Decrease in other assets | 287 | -82 | 530 |
| Increase in accounts payable and accrued expenses | 2,313 | -1,738 | 2,534 |
| (decrease) increase in amount due to adviser and administrator | -367 | 755 | -72 |
| Decrease in other liabilities | -1,147 | -1,252 | 1,758 |
| Leasing commissions paid | 1,017 | 1,579 | 1,195 |
| Net cash provided by operating activities | 17,911 | 15,721 | 72,430 |
| Acquisition of real estate and related intangible assets | 0 | 0 | 207,905 |
| Improvements of existing real estate | 571 | 3,573 | 17,406 |
| Proceeds from sale of real estate | 1,963 | 0 | 7,644 |
| Receipts from tenants for reserves | 307 | 596 | 2,545 |
| Payments to tenants from reserves | 370 | 658 | 2,651 |
| Deposits on future acquisitions | -1,450 | - | 1,450 |
| Deposits applied against acquisition of real estate investments | - | - | 1,450 |
| Net cash provided by (used in) investing activities | 1,329 | -3,062 | -218,315 |
| Proceeds from issuance of equity | 0 | -1 | 62,183 |
| Offering costs paid | 4 | 6 | 870 |
| Redemption of preferred stock-Series FPreferred Stock | - | 4,500 | - |
| Retirement of senior common stock | - | 0 | - |
| Redemption of preferred stock-Series GPreferred Stock | - | 0 | - |
| Repurchase of common stock | - | 0 | - |
| Borrowings under mortgage notes payable | - | 0 | - |
| Redemption of series f preferred stock | -3,650 | - | 4,040 |
| Payments for deferred financing costs | 108 | 4,995 | 818 |
| Receipts from lenders for funds held in escrow | 3,447 | 754 | 0 |
| Payments to lenders for funds held in escrow | 196 | 181 | 542 |
| Principal repayments on mortgage notes payable | 4,358 | 5,529 | 14,397 |
| Borrowings on term loan | - | 103,333 | - |
| Repayments on term loan | - | 53,333 | - |
| Borrowings on unsecured term loan | - | 0 | 20,000 |
| Repayments on unsecured term loan | - | 20,000 | - |
| Borrowings under senior unsecured notes | - | 85,000 | - |
| Borrowings from revolving credit facility | 18,900 | 21,800 | 243,800 |
| Repayments on revolving credit facility | 22,000 | 129,800 | 100,330 |
| Increase in security deposits | 0 | 889 | 490 |
| Distributions paid to common, senior common, preferred stock and non-controlling op unitholders | 17,592 | 17,598 | 50,575 |
| Net cash (used in) provided by financing activities | -22,301 | -20,700 | 155,443 |
| Net (decrease) increase in cash, cash equivalents, and restricted cash | -3,061 | -8,041 | 9,558 |
| Cash, cash equivalents, and restricted cash at beginning of period | 16,591 | 24,632 | 15,074 |
| Cash, cash equivalents, and restricted cash at end of period | 13,530 | 16,591 | 24,632 |
GLADSTONE COMMERCIAL CORP (GOODN)
GLADSTONE COMMERCIAL CORP (GOODN)