For the quarter ending 2025-09-30, LAND had -$19,169K decrease in cash & cash equivalents over the period.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net income | 2,087 | 7,230 |
| Depreciation and amortization | 8,395 | 16,803 |
| Impairment charge | 316 | - |
| Amortization of debt issuance costs | 220 | 581 |
| Amortization of deferred rent assets and liabilities, net | 2,977 | 6,098 |
| Amortization of right-of-use assets from operating leases and operating lease liabilities, net | -25 | -49 |
| Loss from investments in unconsolidated entities | 58 | -186 |
| Bad debt expense | 0 | 106 |
| Gain on dispositions of real estate assets, net | 3,062 | 13,261 |
| Property and casualty (loss) recovery, net | 0 | 137 |
| Investments in water assets | 449 | 460 |
| Other assets, net | 12,266 | 510 |
| Accounts payable and accrued expenses | -5,424 | -7,150 |
| Due to related parties, net | -549 | 270 |
| Other liabilities, net | -4,248 | -1,389 |
| Net cash (used in) provided by operating activities | -12,036 | 8,416 |
| Capital expenditures on existing real estate assets | 1,446 | 4,617 |
| Proceeds from dispositions of real estate assets, net | 20,453 | 62,012 |
| Net cash provided by investing activities | 19,007 | 57,395 |
| Repayments of lines of credit | 0 | 3,400 |
| Borrowings from notes and bonds payable | 0 | 10,600 |
| Repayments of notes and bonds payable | 16,138 | 38,567 |
| Payments of financing fees | 45 | 69 |
| Proceeds from issuance of preferred and common equity | 1,140 | 0 |
| Offering costs | 12 | 8 |
| Redemptions of cumulative redeemable preferred stock | 13 | 18 |
| Dividends paid on cumulative redeemable preferred stock | 6,002 | 12,004 |
| Distributions paid on common stock | 5,070 | 10,139 |
| Net cash used in financing activities | -26,140 | -53,605 |
| Net decrease in cash and cash equivalents | -19,169 | 12,206 |
| Cash and cash equivalents at beginning of period | 18,275 | - |
| Cash and cash equivalents at end of period | 11,312 | - |
GLADSTONE LAND Corp (LAND)
GLADSTONE LAND Corp (LAND)