| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Real estate, at cost | 1,311,339 | 1,312,649 | ||
| Less accumulated depreciation | 190,214 | 183,200 | ||
| Total real estate, net | 1,121,125 | 1,129,449 | ||
| Lease intangibles, net | 3,232 | 3,334 | ||
| Real estate and related assets held for sale, net | 0 | 14,496 | ||
| Cash and cash equivalents | 11,312 | 30,481 | ||
| Investments in water assets | 41,530 | 41,102 | ||
| Other assets, net | 48,579 | 39,723 | ||
| Total assets | 1,225,778 | 1,258,585 | ||
| Borrowings under lines of credit | 200 | 200 | ||
| Notes and bonds payable, net | 480,156 | 496,184 | ||
| Series d cumulative term preferred stock, net, 0.001 par value, 25.00 per share liquidation preference 3,600,000 shares authorized, 2,415,000 shares issued and outstanding as of september30, 2025, and december31, 2024-Series DPreferred Stock | 60,238 | 60,135 | ||
| Accounts payable and accrued expenses | 10,029 | 13,782 | ||
| Other liabilities, net-Related Party | 2,694 | 3,242 | ||
| Other liabilities, net-Nonrelated Party | 10,667 | 14,969 | ||
| Total liabilities | 563,984 | 588,512 | ||
| Cumulative redeemable preferred stock, value-Series BPreferred Stock | 6 | 6 | ||
| Cumulative redeemable preferred stock, value-Series CPreferred Stock | 10 | 10 | ||
| Cumulative redeemable preferred stock, value-Series EPreferred Stock | 0 | 0 | ||
| Common stock, 0.001 par value 48,361,320 shares authorized, 36,307,401 shares issued and outstanding as of september30, 2025 48,359,920 shares authorized, 36,184,658 shares issued and outstanding as of december31, 2024 | 36 | 36 | ||
| Additional paid-in capital | 855,152 | 854,037 | ||
| Distributions in excess of accumulated earnings | 198,459 | 189,474 | ||
| Accumulated other comprehensive income | 5,049 | 5,458 | ||
| Total stockholders equity | 661,794 | 670,073 | ||
| Total liabilities and equity | 1,225,778 | 1,258,585 | ||
GLADSTONE LAND Corp (LAND)
GLADSTONE LAND Corp (LAND)