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 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
Beginning balance, preferred stock (in shares) at Dec. 31, 2020									5,956,065			1,088,435					0
Beginning balance at Dec. 31, 2020	$ 383,790	$ 383,790	$ 26	$ 440,470	$ (55,213)	$ (1,500)	$ 0		$ 6			$ 1					$ 0
Beginning balance, common stock (in shares) at Dec. 31, 2020			26,219,019
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of stock, net (in shares)			7,990,994									2,414,818
Issuance of stock, net	171,495	171,495	$ 8	171,487						$ 54,899	$ 54,899	$ 2	$ 54,897
Redemptions of preferred stock (in shares)												(9,920)
Redemption of preferred stock net										(248)	(248)	$ (248)	(225)	$ (23)
Issuance of OP Units as consideration in real estate acquisitions, net	3,970						3,970
Net income	3,514	3,495			3,495		19
Dividends—cumulative redeemable 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			3,493,333					0
Ending balance at Dec. 31, 2021	589,066	586,815	$ 34	668,275	(80,467)	(1,036)	2,251		$ 6			$ 3					$ 0
Ending 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)			840,384									6,736,615
Issuance of stock, net	21,982	21,982	$ 1	21,981						152,739	152,739	$ 7	152,732
Redemptions of preferred stock (in shares)												(38,595)
Redemption of preferred stock net										$ (901)	(901)	$ (901)	(876)	(25)
Redemptions of OP Units	(7,670)	(3,700)		(3,700)			(3,970)
Net income	4,716	4,708			4,708		8
Dividends—cumulative redeemable 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			16,000,000		0
Ending balance at Dec. 31, 2022	$ 731,362	731,362	$ 35	836,674	(114,370)	9,007	0		$ 6			$ 10					$ 0
Ending 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)			788,045									14,069					237,441
Issuance of stock, net	$ 15,080	15,080	$ 1	15,079						$ 298	298		298		$ 5,301	$ 5,301		$ 5,301
Redemptions of preferred stock (in shares)												(48,913)					(1,600)
Redemption of preferred stock net										$ (1,156)	$ (1,156)	$ (1,200)	$ (1,110)	$ (46)	$ (36)	$ (36)	$ (36)	$ (36)
Net income	14,565	14,565			14,565		0
Dividends—cumulative redeemable preferred stock	(24,371)	(24,371)			(24,371)
Distributions—OP Units and common stock	(19,789)	(19,789)			(19,789)
Comprehensive income attributable to the Company	(1,641)	(1,641)				(1,641)
Ending balance, preferred stock (in shares) at Dec. 31, 2023								5,956,065	5,956,065	10,156,509		10,156,509			235,841		235,841
Ending balance at Dec. 31, 2023	$ 719,613	$ 719,613	$ 36	$ 856,206	$ (144,011)	$ 7,366	$ 0		$ 6			$ 10					$ 0
Ending balance, common stock (in shares) at Dec. 31, 2023	35,838,442		35,838,442