Gladstone Land Corporation Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Equity

Consolidated Statements of Equity - USD ($)	Total	Total Stockholders’ Equity	Common Stock	Additional Paid-in Capital	Distributions in Excess of Accumulated Earnings	Accumulated Other Comprehensive Loss	Non- Controlling Interest	Series B Preferred Stock	Series B Preferred Stock Total Stockholders’ Equity	Series B Preferred Stock Preferred Stock	Series B Preferred Stock Additional Paid-in Capital	Series B Preferred Stock Distributions in Excess of Accumulated Earnings	Series C Preferred Stock	Series C Preferred Stock Total Stockholders’ Equity	Series C Preferred Stock Preferred Stock	Series C Preferred Stock Additional Paid-in Capital	Series C Preferred Stock Distributions in Excess of Accumulated Earnings	Common Stock	Common Stock Total Stockholders’ Equity	Common Stock Common Stock	Common Stock Additional Paid-in Capital
Beginning balance, preferred stock (in shares) at Dec. 31, 2019										4,755,869					0
Beginning balance, common stock (in shares) at Dec. 31, 2019			20,936,658
Beginning balance at Dec. 31, 2019	$ 278,970,000	$ 276,621,000	$ 21,000	$ 315,770,000	$ (38,785,000)	$ (390,000)	$ 2,349,000			$ 5,000					$ 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of stock, net (in shares)										1,229,531					1,088,573					4,994,057
Issuance of stock, net								$ 27,050,000	$ 27,050,000	$ 1,000	$ 27,049,000		$ 24,716,000	$ 24,716,000	$ 1,000	$ 24,715,000		$ 71,272,000	$ 71,272,000	$ 5,000	$ 71,267,000
Redemptions of preferred stock (in shares)										(29,335)					(138)
Redemption of preferred stock								$ (681,000)	$ (681,000)		$ (637,000)	$ (44,000)	$ (3,000)	(3,000)	$ (3,000)	(3,000)
Redemptions of OP Units (in shares)			288,304
Redemptions of OP Units	0	4,383,000		4,383,000			(4,383,000)
Net income	4,955,000	4,926,000			4,926,000		29,000
Dividends—Series B Preferred Stock and Series C Preferred Stock	(9,278,000)	(9,278,000)			(9,278,000)
Distributions—OP Units and common stock	(12,101,000)	(12,032,000)			(12,032,000)		(69,000)
Comprehensive income attributable to the Company	(1,110,000)	(1,110,000)				(1,110,000)
Adjustment to non-controlling interests resulting from changes in ownership of the Operating Partnership	$ 0	(2,074,000)		(2,074,000)			2,074,000
Ending balance, preferred stock (in shares) at Dec. 31, 2020										5,956,065			1,088,435		1,088,435
Ending balance, common stock (in shares) at Dec. 31, 2020	26,219,019		26,219,019
Ending balance at Dec. 31, 2020	$ 383,790,000	383,790,000	$ 26,000	440,470,000	(55,213,000)	(1,500,000)	0			$ 6,000					$ 1,000
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of stock, net (in shares)															2,414,818					7,990,994
Issuance of stock, net													$ 54,899,000	54,899,000	$ 2,000	54,897,000		$ 171,495,000	$ 171,495,000	$ 8,000	$ 171,487,000
Redemptions of preferred stock (in shares)															(9,920)
Redemption of preferred stock													$ (248,000)	$ (248,000)	$ (248,000)	$ (225,000)	$ (23,000)
Issuance of OP Units as consideration in real estate acquisitions, net	3,970,000
Net income	3,514,000	3,495,000			3,495,000		19,000
Dividends—Series B Preferred Stock and Series C Preferred Stock	(12,235,000)	(12,235,000)			(12,235,000)
Distributions—OP Units and common stock	(16,583,000)	(16,491,000)			(16,491,000)		(92,000)
Comprehensive income attributable to the Company	464,000	464,000				464,000
Adjustment to non-controlling interests resulting from changes in ownership of the Operating Partnership	$ 0	1,646,000		1,646,000			(1,646,000)
Ending balance, preferred stock (in shares) at Dec. 31, 2021								5,956,065		5,956,065			3,493,333		3,493,333
Ending balance, common stock (in shares) at Dec. 31, 2021	34,210,013		34,210,013
Ending balance at Dec. 31, 2021	$ 589,066,000	$ 586,815,000	$ 34,000	$ 668,275,000	$ (80,467,000)	$ (1,036,000)	$ 2,251,000			$ 6,000					$ 3,000