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

Annual report pursuant to Section 13 and 15(d)

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)

12 Months Ended

Dec. 31, 2015

Monthly Distributions Declared and Paid by Company's Board of Directors

The distributions to common stockholders declared by our Board of Directors and paid by us during the years ended December 31, 2015, 2014 and 2013 are reflected in the table below.


Fiscal Year	Declaration Date	Record Date	Payment Date	Distributions per Common Share
2015	January 13, 2015	January 23, 2015	February 3, 2015	$	0.035
	January 13, 2015	February 18, 2015	February 27, 2015		0.035
	January 13, 2015	March 20, 2015	March 31, 2015		0.035
	April 14, 2015	April 24, 2015	May 4, 2015		0.040
	April 14, 2015	May 19, 2015	May 28, 2015		0.040
	April 14, 2015	June 19, 2015	June 30, 2015		0.040
	July 14, 2015	July 24, 2015	August 4, 2015		0.040
	July 14, 2015	August 20, 2015	August 31, 2015		0.040
	July 14, 2015	September 21, 2015	September 30, 2015		0.040
	October 13, 2015	October 26, 2015	October 29, 2015		0.040
	October 13, 2015	November 17, 2015	November 24, 2015		0.040
	October 13, 2015	December 18, 2015	December 31, 2015		0.040

Year ended December 31, 2015				$	0.465

2014	January 7, 2014	January 22, 2014	January 31, 2014	$	0.03
	January 7, 2014	February 19, 2014	February 28, 2014		0.03
	January 7, 2014	March 17, 2014	March 31, 2014		0.03
	April 8, 2014	April 21, 2014	April 30, 2014		0.03
	April 8, 2014	May 20, 2014	May 30, 2014		0.03
	April 8, 2014	June 19, 2014	June 30, 2014		0.03
	July 15, 2014	July 25, 2014	August 5, 2014		0.03
	July 15, 2014	August 20, 2014	August 29, 2014		0.03
	July 15, 2014	September 19, 2014	September 30, 2014		0.03
	October 7, 2014	October 22, 2014	October 31, 2014		0.03
	October 7, 2014	November 17, 2014	November 26, 2014		0.03
	October 7, 2014	December 19, 2014	December 31, 2014		0.03

Year ended December 31, 2014				$	0.36

2013	February 5, 2013	February 15, 2013	February 28, 2013	$	0.04
	February 5, 2013	March 15, 2013	March 28, 2013		0.04
	April 9, 2013	April 22, 2013	April 30, 2013		0.12
	April 9, 2013	May 20, 2013	May 31, 2013		0.12
	April 9, 2013	June 19, 2013	June 28, 2013		0.12
	July 9, 2013	July 19, 2013	July 31, 2013		0.12
	July 9, 2013	August 21, 2013	August 30, 2013		0.12
	July 9, 2013	September 18, 2013	September 30, 2013		0.12
	October 8, 2013	October 22, 2013	October 31, 2013		0.12
	October 8, 2013	November 14, 2013	November 29, 2013		0.12
	October 8, 2013	December 16, 2013	December 31, 2013		0.12
	December 3, 2013	December 16, 2013	December 31, 2013		0.33	⁽¹⁾

Year ended December 31, 2013				$	1.49

⁽¹⁾	Represents a one-time declaration to distribute the final amount of remaining earnings and profits from prior years.

Schedule of Distributions On Common Stock

The characterization of distributions on our common stock during each of the last three years is reflected in the following table:


For the Years Ended December 31,	Ordinary Income			Return of Capital			Long-term Capital Gain
2015		62.29540	%		37.34781	%		0.35679	%
2014		95.66078	%		4.33922	%		0.00000	%
2013		100.00000	% ⁽¹⁾		0.00000	%		0.00000	%

⁽¹⁾	98.53746% of this amount was classified as a Qualified Dividend.