GLADSTONE LAND Corp (LANDP)
GLADSTONE LAND Corp (LANDP)
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 |
|---|---|---|---|
| Net (loss) income | -4,305 | 4,212 | 9,317 |
| Depreciation and amortization | 10,370 | 9,351 | 25,198 |
| Impairment charge | 884 | 3,605 | 316 |
| Amortization of debt issuance costs | 149 | 446 | 801 |
| Straight-line rent adjustment | 1,105 | NaN | NaN |
| Amortization of deferred rent assets and liabilities, net | 1,972 | 2,152 | 9,075 |
| Amortization of right-of-use assets from operating leases and operating lease liabilities, net | -25 | -26 | -74 |
| Loss from investments in unconsolidated entities | -191 | 102 | -128 |
| Bad debt expense | NaN | NaN | 106 |
| Write-off of unamortized deferred offering costs associated with cumulative redeemable preferred stock (series e) | NaN | 547 | NaN |
| Loss (gain) on dispositions of real estate assets, net | -459 | -2,441 | 16,323 |
| Property and casualty loss (recovery), net | -93 | 0 | 137 |
| Crop inventory | 1,913 | 1,053 | NaN |
| Investments in water assets | 143 | 388 | 909 |
| Other assets, net | -3,039 | 8,837 | 12,776 |
| Accounts payable and accrued expenses | -2,715 | -1,279 | -12,574 |
| Due to related parties, net | 278 | 151 | -279 |
| Other liabilities, net | -194 | -553 | -5,637 |
| Net cash provided by operating activities | 9,295 | 10,613 | -3,620 |
| Capital expenditures on existing real estate assets | 219 | 1,098 | 6,063 |
| Contributions to unconsolidated real estate entities | NaN | 68 | NaN |
| Proceeds from dispositions of real estate assets, net | 0 | 8,830 | 82,465 |
| Net cash (used in) provided by investing activities | -219 | 7,664 | 76,402 |
| Borrowings from lines of credit | 40,800 | 2,900 | NaN |
| Repayments of lines of credit | 24,300 | 2,900 | 3,400 |
| Borrowings from notes and bonds payable | NaN | 0 | 10,600 |
| Repayments of notes and bonds payable | 6,022 | 6,852 | 54,705 |
| Payments of financing fees | 13 | 0 | 114 |
| Redemptions of cumulative preferred stock-Series DPreferred Stock | 60,375 | NaN | NaN |
| Proceeds from issuance of preferred and common equity | NaN | 15,930 | 1,140 |
| Proceeds from issuance of common equity | 37,121 | NaN | NaN |
| Offering costs | 374 | 160 | 20 |
| Redemptions of cumulative redeemable preferred stock | NaN | 71 | 31 |
| Redemptions of cumulative preferred stock-Redeemable Preferred Stock | 2,716 | NaN | NaN |
| Dividends paid on cumulative redeemable preferred stock | 5,989 | 6,002 | 18,006 |
| Distributions paid on common stock | 5,762 | 5,257 | 15,209 |
| Net cash used in financing activities | -27,630 | -2,412 | -79,745 |
| Net (decrease) increase in cash and cash equivalents | -18,554 | 15,865 | -6,963 |
| 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 |