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	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
Beginning balance, preferred stock (in shares) at Dec. 31, 2022									5,956,065			10,191,353					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
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of stock, net (in shares)			663,585									14,069					60,200
Issuance of stock, net	12,946	12,946	$ 1	12,945						$ 318	$ 318		$ 318		$ 1,349	$ 1,349		$ 1,349
Redemptions of Series C Preferred Stock, net (in shares)										(9,820)		(9,820)
Redemptions of Series C Preferred Stock, net										$ (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			10,195,602					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
Beginning 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
Beginning balance at Dec. 31, 2023	$ 719,613	719,613	$ 36	856,206	(144,011)	7,366	0		$ 6			$ 10					$ 0
Beginning balance, common stock (in shares) at Dec. 31, 2023	35,838,442		35,838,442
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of stock, net (in shares)																	11,340
Issuance of stock, net															$ 249	$ 249		$ 249
Net income	$ 13,567	13,567			13,567
Dividends—cumulative redeemable preferred stock	(6,118)	(6,118)			(6,118)
Distributions—OP Units and common stock	(5,000)	(5,000)			(5,000)
Comprehensive income attributable to the Company	1,008	1,008				1,008
Ending balance, preferred stock (in shares) at Mar. 31, 2024								5,956,065	5,956,065	10,156,509		10,156,509			247,181		247,181
Ending balance at Mar. 31, 2024	$ 723,319	$ 723,319	$ 36	$ 856,455	$ (141,562)	$ 8,374	$ 0		$ 6			$ 10					$ 0
Ending balance, common stock (in shares) at Mar. 31, 2024	35,838,442		35,838,442