Gladstone Land Corporation Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Equity

Condensed 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 Interests	Series B Preferred Stock	Series B Preferred Stock Preferred Stock	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 Total Stockholders’ Equity	Series E Preferred Stock Preferred Stock	Series E Preferred Stock Additional Paid-in Capital	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, 2021									5,956,065			3,493,333					0
Beginning balance at Dec. 31, 2021	$ 589,066	$ 586,815	$ 34	$ 668,275	$ (80,467)	$ (1,036)	$ 2,251		$ 6			$ 3					$ 0
Beginning balance, common stock (in shares) at Dec. 31, 2021			34,210,013
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of stock, net (in shares)												1,554,170									310,055
Issuance of stock, net										$ 35,283	$ 35,283	$ 2	$ 35,281						$ 10,322	$ 10,322	$ 1	$ 10,321
Redemptions of Preferred Stock (in shares)												(2,480)
Redemptions of Preferred Stock										$ (59)	(59)	$ (59)	(56)	$ (3)
Net income	1,187	1,178			1,178		9
Dividends—cumulative redeemable preferred stock	(3,912)	(3,912)			(3,912)
Distributions—OP Units and common stock	(4,692)	(4,664)			(4,664)		(28)
Comprehensive income attributable to the Company	4,730	4,730				4,730
Adjustment to non-controlling interests resulting from changes in ownership of the Operating Partnership	0	(16)		(16)			16
Ending balance, preferred stock (in shares) at Mar. 31, 2022									5,956,065			5,045,023					0
Ending balance at Mar. 31, 2022	631,925	629,677	$ 35	713,805	(87,868)	3,694	2,248		$ 6			$ 5					$ 0
Ending balance, common stock (in shares) at Mar. 31, 2022			34,520,068
Beginning balance, preferred stock (in shares) at Dec. 31, 2022								5,956,065	5,956,065	10,191,353		10,191,353			0		0
Beginning balance at Dec. 31, 2022	$ 731,362	731,362	$ 35	836,674	(114,370)	9,007	0		$ 6			$ 10					$ 0
Beginning balance, common stock (in shares) at Dec. 31, 2022	35,050,397		35,050,397
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of stock, net (in shares)												14,069					60,200				663,585
Issuance of stock, net										$ 318	318		318		$ 1,349	$ 1,349		$ 1,349	$ 12,946	$ 12,946	$ 1	$ 12,945
Redemptions of Preferred Stock (in shares)												(9,820)
Redemptions of Preferred Stock										$ (225)	$ (225)	$ (225)	$ (223)	$ (2)
Net income	$ 1,750	1,750			1,750
Dividends—cumulative redeemable preferred stock	(6,068)	(6,068)			(6,068)
Distributions—OP Units and common stock	(4,904)	(4,904)			(4,904)
Comprehensive income attributable to the Company	(1,648)	(1,648)				(1,648)
Ending balance, preferred stock (in shares) at Mar. 31, 2023								5,956,065	5,956,065	10,195,602		10,195,602			60,200		60,200
Ending balance at Mar. 31, 2023	$ 734,880	$ 734,880	$ 36	$ 851,063	$ (123,594)	$ 7,359	$ 0		$ 6			$ 10					$ 0
Ending balance, common stock (in shares) at Mar. 31, 2023	35,713,982		35,713,982