Financial insights of LAND

MyFinsight

For the quarter ending 2025-09-30, LAND made $17,785K in revenue. -$3,915K in net income. Net profit margin of -22.01%.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement	2025-09-30	2025-06-30	2025-03-31	2024-09-30
Total operating revenues	17,785	12,296	16,804	22,571
Depreciation and amortization	8,395	8,374	8,429	8,805
Property operating expenses	1,383	1,242	1,128	1,380
Base management fee	1,992	1,990	2,058	2,070
Capital gains fee credit	-	-188	188	-
Incentive fee	0	-	-	109
Administration fee	650	572	642	683
General and administrative expenses	556	520	682	655
Impairment charge	316	-	-	2,106
Total operating expenses	13,292	-	-	15,808
Incentive fee waiver	0	-	-	109
Total operating expenses, net of credits to fees	13,292	12,510	13,127	15,699
Other income	79	267	1,952	370
Interest expense	4,850	4,976	5,177	5,402
(loss) gain on dispositions of real estate assets, net	-	-2,149	15,410	-832
Dividends declared on cumulative term preferred stock	755	755	755	755
Gain (loss) on dispositions of real estate assets, net	3,062	-	-	-
Property and casualty (loss) recovery, net	0	0	137	-275
Gain (loss) from investments in unconsolidated entities	58	-51	-136	28
Total other (expense) income, net	-2,406	-7,664	11,431	-6,866
Net income	-	-	15,108	6
Net income	2,087	-7,878	15,108	6
Dividends declared on cumulative redeemable preferred stock	6,002	6,002	6,002	6,024
Gain on extinguishment of cumulative redeemable preferred stock, net	0	0	-	-231
Net loss attributable to common stockholders	-3,915	-13,880	9,106	-5,787

Basic (in dollars per share)	-0.11	-0.38	0.25	-0.16
Basic (in shares)	36,190,889	36,184,658	36,184,658	35,838,442
Diluted (in dollars per share)	-0.11	-0.38	0.25	-0.16
Diluted (in shares)	36,190,889	36,184,658	36,184,658	35,838,442