Company: LANDO
Filing Date: 2025-02-19
Form Type: 10-K
Source: 0001495240-25-000005
Chunk: 135

Company: GLADSTONE LAND Corp
Filing Date: 2025-02-19
Form: 10-K
Item: Item 8
Chunk 135
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)$(9,852)$(15,010)LOSS PER COMMON SHARE:Basic and diluted$(0.29)$(0.28)$(0.43)WEIGHTED AVERAGE SHARES OF COMMON STOCK OUTSTANDINGBasic and diluted35,909,956 35,733,742 34,563,460 NET INCOME:13,290 14,565 4,716 Change in fair value related to interest rate hedging instruments266 (1,641)10,043 COMPREHENSIVE INCOME13,556 12,924 14,759 Comprehensive income attributable to non-controlling interests— — (8)COMPREHENSIVE INCOME ATTRIBUTABLE TO THE COMPANY$13,556 $12,924 $14,751  

The accompanying notes are an integral part of these consolidated financial statements.

67

GLADSTONE LAND CORPORATION AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF EQUITY

(In thousands, except share data)

 Series BPreferred StockSeries CPreferred StockSeries EPreferred StockCommon StockAdditionalPaid-inCapitalDistributionsin Excess ofAccumulatedEarningsAccumulatedOtherComprehensive Income (Loss)TotalStockholders’EquityNon-ControllingInterestTotalEquity No. ofSharesParValueNo. ofSharesParValueNo. ofSharesParValueNo. ofSharesParValueBalance at December 31, 20215,956,065$6 3,493,333$3 —$— 34,210,013$34 $668,275 $(80,467)$(1,036)$586,815 $2,251 $589,066 Issuance of Series C Preferred Stock, net—— 6,736,6157 —— —— 152,732 — — 152,739 — 152,739 Redemptions of Series C Preferred Stock, net—— (38,595)— —— —— (876)(25)— (901)— (901)Redemptions of OP Units—— —— —— (3,700)— — (3,700)(3,970)(7,670)Issuance of common stock, net—— —— —— 840,3841 21,981 — — 21,982 — 21,982 Net income—— —— —— ——