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 ($) $ in Thousands	Total	Total Stockholders’ Equity	Common Stock	Additional Paid-in Capital	Distributions in Excess of Accumulated Earnings	Accumulated Other Comprehensive Income (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	Series E Preferred Stock	Series E Preferred Stock Preferred Stock	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				0
Beginning balance, common stock (in shares) at Dec. 31, 2019			20,936,658
Beginning balance at Dec. 31, 2019	$ 278,970	$ 276,621	$ 21	$ 315,770	$ (38,785)	$ (390)	$ 2,349			$ 5					$ 0				$ 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	$ 27,050	$ 1	$ 27,049		$ 24,716	$ 24,716	$ 1	$ 24,715				$ 71,272	$ 71,272	$ 5	$ 71,267
Redemptions of preferred stock (in shares)										(29,355)					(138)
Redemption of preferred stock								$ (681)	$ (681)		$ (637)	$ (44)	(3)	(3)	$ (3)	(3)
Redemptions of OP Units (in shares)			288,304
Redemptions of OP Units	0	4,383		4,383			(4,383)
Net income	4,955	4,926			4,926		29
Dividends—Series B Preferred Stock and Series C Preferred Stock	(9,278)	(9,278)			(9,278)
Distributions—OP units and common stock	(12,101)	(12,032)			(12,032)		(69)
Comprehensive income attributable to the Company	(1,110)	(1,110)				(1,110)
Adjustment to non-controlling interests resulting from changes in ownership of the Operating Partnership	0	(2,074)		(2,074)			2,074
Ending balance, preferred stock (in shares) at Dec. 31, 2020										5,956,065					1,088,435				0
Ending balance, common stock (in shares) at Dec. 31, 2020			26,219,019
Ending balance at Dec. 31, 2020	383,790	383,790	$ 26	440,470	(55,213)	(1,500)	0			$ 6					$ 1				$ 0
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	54,899	$ 2	54,897				171,495	171,495	$ 8	171,487
Redemptions of preferred stock (in shares)															(9,920)
Redemption of preferred stock													$ (248)	(248)	$ (248)	(225)	$ (23)
Issuance of OP Units as consideration in real estate acquisitions, net	3,970
Net income	3,514	3,495			3,495		19
Dividends—Series B Preferred Stock and Series C Preferred Stock	(12,235)	(12,235)			(12,235)
Distributions—OP units and common stock	(16,583)	(16,491)			(16,491)		(92)
Comprehensive income attributable to the Company	464	464				464
Adjustment to non-controlling interests resulting from changes in ownership of the Operating Partnership	$ 0	1,646		1,646			(1,646)
Ending balance, preferred stock (in shares) at Dec. 31, 2021								5,956,065		5,956,065			3,493,333		3,493,333			0	0
Ending balance, common stock (in shares) at Dec. 31, 2021	34,210,013		34,210,013
Ending balance at Dec. 31, 2021	$ 589,066	586,815	$ 34	668,275	(80,467)	(1,036)	2,251			$ 6					$ 3				$ 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of stock, net (in shares)															6,736,615							840,384
Issuance of stock, net													$ 152,739	152,739	$ 7	152,732				$ 21,982	$ 21,982	$ 1	$ 21,981
Redemptions of preferred stock (in shares)															(38,595)
Redemption of preferred stock													$ (901)	$ (901)	$ (901)	$ (876)	$ (25)
Redemptions of OP Units (in shares)			0
Redemptions of OP Units	(7,670)	(3,700)		(3,700)			(3,970)
Net income	4,716	4,708			4,708		8
Dividends—Series B Preferred Stock and Series C Preferred Stock	(19,693)	(19,693)			(19,693)
Distributions—OP units and common stock	(18,920)	(18,893)			(18,893)		(27)
Comprehensive income attributable to the Company	10,043	10,043				10,043
Adjustment to non-controlling interests resulting from changes in ownership of the Operating Partnership	$ 0	(1,738)		(1,738)			1,738
Ending balance, preferred stock (in shares) at Dec. 31, 2022								5,956,065		5,956,065			10,191,353		10,191,353			0	0
Ending balance, common stock (in shares) at Dec. 31, 2022	35,050,397		35,050,397
Ending balance at Dec. 31, 2022	$ 731,362	$ 731,362	$ 35	$ 836,674	$ (114,370)	$ 9,007	$ 0			$ 6					$ 10				$ 0