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Balance Sheets Overview

Debt to Asset Ratio
43.54%
Unit: Thousand (K) dollars
Assets Breakdown
    • Less accumulated depreciation
    • Other assets, net
    • Cash and cash equivalents
    • Others
Liabilities Breakdown
    • Additional paid-in capital
    • Notes and bonds payable, net
    • Distributions in excess of accum...
    • Others
Balance Sheets
2026-06-30
2026-03-31
2025-12-31
2025-09-30
Real estate, at cost
1,287,071
1,295,975
1,297,013
1,311,339
Less accumulated depreciation
214,738
208,264
198,261
190,214
Total real estate, net
1,072,333
1,087,711
1,098,752
1,121,125
Lease intangibles, net
2,934
3,032
3,129
3,232
Real estate and related assets held for sale, net
3,143
-
0
0
Cash and cash equivalents
22,551
8,623
27,177
11,312
Crop inventory
6,534
4,323
1,663
-
Investments in water assets, long-term
37,193
37,190
37,167
-
Deferred water assets
4,520
4,507
4,382
-
Investments in water assets
41,713
41,697
41,549
41,530
Other assets, net
42,988
58,326
66,902
48,579
Total assets
1,192,196
1,203,712
1,239,172
1,225,778
Borrowings under lines of credit
21,100
16,700
200
200
Notes and bonds payable, net
464,934
467,522
473,435
480,156
Series d cumulative term preferred stock, net, 0.001 par value, 25.00 per share liquidation preference 2,415,000 shares authorized, 2,415,000 shares issued and outstanding as of december31, 2025, and december31, 2024-Series DPreferred Stock
-
-
60,341
60,238
Accounts payable and accrued expenses
17,502
18,232
22,005
10,029
Other liabilities, net-Related Party
3,210
3,122
2,844
2,694
Other liabilities, net-Nonrelated Party
12,339
9,811
10,061
10,667
Total liabilities
519,085
515,387
568,886
563,984
Cumulative redeemable preferred stock-Series BPreferred Stock
6
6
6
6
Cumulative redeemable preferred stock-Series CPreferred Stock
10
10
10
10
Cumulative redeemable preferred stock-Series EPreferred Stock
0
0
0
0
Common stock, 0.001 par value 68,096,587 shares authorized, 43,136,573 shares issued and outstanding as of june30, 2026 65,100,617 shares authorized, 38,014,918 shares issued and outstanding as of december31, 2025
43
42
38
36
Additional paid-in capital
908,539
904,551
870,847
855,152
Distributions in excess of accumulated earnings
240,810
221,258
205,511
198,459
Accumulated other comprehensive income
5,323
4,974
4,896
5,049
Total equity
673,111
688,325
670,286
661,794
Total liabilities and equity
1,192,196
1,203,712
1,239,172
1,225,778
Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.

Time Plot

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Balance Sheets

Real estate, at cost$1,287,071K Investments in water assets,long-term$37,193K Deferred water assets$4,520K Total real estate, net$1,072,333K Other assets, net$42,988K Investments in water assets$41,713K Cash and cashequivalents$22,551K Crop inventory$6,534K Real estate andrelated assets held for...$3,143K Lease intangibles,net$2,934K Less accumulateddepreciation$214,738K Total assets$1,192,196K Total liabilities andequity$1,192,196K Total equity$673,111K Total liabilities$519,085K Distributions in excess ofaccumulated earnings$240,810K Additional paid-in capital$908,539K Notes and bondspayable, net$464,934K Borrowings under lines ofcredit$21,100K Accounts payable andaccrued expenses$17,502K Other liabilities,net-Nonrelated Party$12,339K Other liabilities,net-Related Party$3,210K Accumulated othercomprehensive income$5,323K Common stock, 0.001 parvalue 68,096,587...$43K Cumulative redeemablepreferred stock-Series...$10K Cumulative redeemablepreferred stock-Series...$6K

GLADSTONE LAND Corp (LANDO)

GLADSTONE LAND Corp (LANDO)