For the year ending 2025-12-31, LAND made $88,339K in revenue. -$10,484K in net income. Net profit margin of -11.87%.
| Income Statement | 2025-12-31 | |||
|---|---|---|---|---|
| Total operating revenues | 88,339 | |||
| Depreciation and amortization | 34,549 | |||
| Property operating expenses | 6,696 | |||
| Cost of sales | 9,588 | |||
| Base management fee | 8,007 | |||
| Incentive fee | 2,723 | |||
| Administration fee | 2,617 | |||
| General and administrative expenses | 2,343 | |||
| Write-off of costs associated with offering of series e cumulative redeemable preferred stock | 547 | |||
| Impairment charge | 3,921 | |||
| Total operating expenses | 70,991 | |||
| Incentive fee waiver | 2,723 | |||
| Total operating expenses, net of credits to fees | 68,268 | |||
| Other income | 2,508 | |||
| Interest expense | 20,024 | |||
| Dividends declared on cumulative term preferred stock | 3,019 | |||
| Gain on dispositions of real estate assets, net | 13,882 | |||
| Property and casualty recovery (loss), net | 137 | |||
| Loss from investments in unconsolidated entities | -26 | |||
| Total other expense, net | -6,542 | |||
| Net income | 13,529 | |||
| Dividends declared on cumulative redeemable preferred stock | 24,008 | |||
| (loss) gain on extinguishment of cumulative redeemable preferred stock, net | 5 | |||
| Net loss attributable to common stockholders | -10,484 | |||
| Basic EPS | -0.29 | |||
| Diluted EPS | -0.29 | |||
| Basic Average Shares | 36,506,720 | |||
| Diluted Average Shares | 36,506,720 | |||
GLADSTONE LAND Corp (LAND)
GLADSTONE LAND Corp (LAND)