For the quarter ending 2026-03-31, LAND had -$18,554K decrease in cash & cash equivalents over the period.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Bad debt expense | - | - | 0 | 106 |
| Net (loss) income | -4,305 | 4,212 | 2,087 | 7,230 |
| Depreciation and amortization | 10,370 | 9,351 | 8,395 | 16,803 |
| Impairment charge | 884 | 3,605 | 316 | - |
| Amortization of debt issuance costs | 149 | 446 | 220 | 581 |
| Straight-line rent adjustment | 1,105 | - | - | - |
| Amortization of deferred rent assets and liabilities, net | 1,972 | 2,152 | 2,977 | 6,098 |
| Amortization of right-of-use assets from operating leases and operating lease liabilities, net | -25 | -26 | -25 | -49 |
| Loss from investments in unconsolidated entities | -191 | 102 | 58 | -186 |
| Write-off of unamortized deferred offering costs associated with cumulative redeemable preferred stock (series e) | - | 547 | - | - |
| Loss (gain) on dispositions of real estate assets, net | -459 | -2,441 | 3,062 | 13,261 |
| Property and casualty loss (recovery), net | -93 | 0 | 0 | 137 |
| Crop inventory | 1,913 | 1,053 | - | - |
| Investments in water assets | 143 | 388 | 449 | 460 |
| Other assets, net | -3,039 | 8,837 | 12,266 | 510 |
| Accounts payable and accrued expenses | -2,715 | -1,279 | -5,424 | -7,150 |
| Due to related parties, net | 278 | 151 | -549 | 270 |
| Other liabilities, net | -194 | -553 | -4,248 | -1,389 |
| Net cash provided by operating activities | 9,295 | 10,613 | -12,036 | 8,416 |
| Capital expenditures on existing real estate assets | 219 | 1,098 | 1,446 | 4,617 |
| Contributions to unconsolidated real estate entities | - | 68 | - | - |
| Proceeds from dispositions of real estate assets, net | 0 | 8,830 | 20,453 | 62,012 |
| Net cash (used in) provided by investing activities | -219 | 7,664 | 19,007 | 57,395 |
| Borrowings from lines of credit | 40,800 | 2,900 | - | - |
| Repayments of lines of credit | 24,300 | 2,900 | 0 | 3,400 |
| Proceeds from issuance of preferred and common equity | - | 15,930 | 1,140 | 0 |
| Borrowings from notes and bonds payable | - | 0 | 0 | 10,600 |
| Repayments of notes and bonds payable | 6,022 | 6,852 | 16,138 | 38,567 |
| Payments of financing fees | 13 | 0 | 45 | 69 |
| Offering costs | - | 180 | - | - |
| Redemptions of cumulative preferred stock-Series DPreferred Stock | 60,375 | - | - | - |
| Redemptions of cumulative redeemable preferred stock | - | 71 | 13 | 18 |
| Proceeds from issuance of common equity | 37,121 | - | - | - |
| Offering costs | 354 | - | 12 | 8 |
| Redemptions of cumulative preferred stock-Redeemable Preferred Stock | 2,716 | - | - | - |
| Dividends paid on cumulative redeemable preferred stock | 5,989 | 6,002 | 6,002 | 12,004 |
| Distributions paid on common stock | 5,762 | 5,257 | 5,070 | 10,139 |
| Net cash used in financing activities | -27,630 | -2,412 | -26,140 | -53,605 |
| Net (decrease) increase in cash and cash equivalents | -18,554 | 15,865 | -19,169 | 12,206 |
| Cash and cash equivalents at beginning of period | 27,177 | 11,312 | 18,275 | - |
| Cash and cash equivalents at end of period | 8,623 | 27,177 | 11,312 | - |