| Cash Flow | 2025-09-30 |
|---|---|
| Net income | 13,908 |
| Depreciation and amortization | 42,763 |
| Impairment charge | 9 |
| Gain on debt extinguishment, net | 0 |
| Gain on sale of real estate, net | 367 |
| Amortization of deferred financing costs | 1,429 |
| Amortization of deferred rent asset and liability, net | -4,611 |
| Receipt of sales-type lease receivable | -18,618 |
| Amortization of discount and premium on assumed debt, net | 21 |
| Asset retirement obligation expense | 103 |
| Amortization of right-of-use asset from operating leases and operating lease liabilities, net | 5 |
| Amortization of right-of-use asset finance lease liabilities, net | 17 |
| Bad debt expense | 0 |
| Increase in other assets | 530 |
| Increase in deferred rent receivable | 1,960 |
| Increase in accounts payable and accrued expenses | 2,534 |
| (decrease) increase in amount due to adviser and administrator | -72 |
| Increase (decrease) in other liabilities | 1,758 |
| Leasing commissions paid | 1,195 |
| Net cash provided by operating activities | 72,430 |
| Acquisition of real estate and related intangible assets | 207,905 |
| Improvements of existing real estate | 17,406 |
| Proceeds from sale of real estate | 7,644 |
| Receipts from lenders for funds held in escrow | 0 |
| Payments to lenders for funds held in escrow | 542 |
| Receipts from tenants for reserves | 2,545 |
| Payments to tenants from reserves | 2,651 |
| Deposits on future acquisitions | 1,450 |
| Deposits applied against acquisition of real estate investments | 1,450 |
| Net cash (used in) provided by investing activities | -218,315 |
| Proceeds from issuance of equity | 62,183 |
| Offering costs paid | 870 |
| Redemption of series f preferred stock | 4,040 |
| Payments for deferred financing costs | 818 |
| Principal repayments on mortgage notes payable | 14,397 |
| Borrowings from revolving credit facility | 243,800 |
| Repayments on revolving credit facility | 100,330 |
| Borrowings on unsecured term loan | 20,000 |
| Increase in security deposits | 490 |
| Distributions paid to common, senior common, preferred stock and non-controlling op unitholders | 50,575 |
| Net cash provided by (used in) financing activities | 155,443 |
| Net increase (decrease) in cash, cash equivalents, and restricted cash | 9,558 |
| Cash and cash equivalents at beginning of period | 15,074 |
| Cash and cash equivalents at end of period | 24,632 |
GLADSTONE COMMERCIAL CORP (GOODO)
GLADSTONE COMMERCIAL CORP (GOODO)