Company: LANDO
Filing Date: 2025-05-12
Form Type: 10-Q
Source: 0001495240-25-000012
Chunk: 48

Company: GLADSTONE LAND Corp
Filing Date: 2025-05-12
Form: 10-Q
Item: Part I, Item 1
Chunk 48
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 farms owned as of and during the three months ended March 31, 2025 and 2024 (dollars in thousands):

23

 As of and For the Three Months Ended March 31, 2025As of and For the Three Months Ended March 31, 2024StateNo. ofFarmsTotalAcres% ofTotalAcresLeaseRevenue% of TotalLeaseRevenueNo. ofFarmsTotalAcres% ofTotalAcresLeaseRevenue% of TotalLeaseRevenueCalifornia(1)6334,84533.8%$10,491 62.4%6334,84431.2%$13,180 66.5%Florida2013,09012.7%2,574 15.3%2518,72016.7%3,086 15.6%Washington62,5202.4%1,089 6.5%62,5202.2%1,062 5.3%Colorado1232,77331.8%667 4.0%1232,77329.3%661 3.3%Arizona66,3206.1%579 3.5%66,3205.6%569 2.9%Oregon68980.9%422 2.5%68980.8%566 2.8%Nebraska75,2235.1%289 1.7%97,7827.0%25 0.1%Michigan121,2451.2%276 1.6%231,8921.7%240 1.2%Texas13,6673.6%125 0.8%13,6673.3%112 0.6%Maryland69871.0%120 0.7%69870.9%115 0.6%South Carolina35970.6%61 0.4%35970.5%61 0.3%Georgia22300.2%56 0.3%22300.2%56 0.3%New Jersey31160.1%34 0.2%31160.1%32 0.2%Delaware11800.2%20 0.1%11800.2%19 0.1%North Carolina23100.3%— —%23100.3%42 0.2%TOTALS150