Company: LANDO
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0001495240-25-000028
Chunk: 20

Company: GLADSTONE LAND Corp
Filing Date: 2025-11-05
Form: 10-Q
Item: Part I, Item 1
Chunk 20
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31)Issuance of common stock, net—— —— —— 122,743— 1,128 — — 1,128 Net income—— —— —— —— — 9,317 — 9,317 Dividends—cumulative redeemable preferred stock—— —— —— —— — (18,006)— (18,006)Distributions—OP Units and common stock—— —— —— —— — (15,209)— (15,209)Comprehensive loss attributable to the Company—— —— —— —— — — (2,583)(2,583)Balance at September 30, 20255,840,889$6 9,954,863$10 251,036$— 36,307,401$36 $855,152 $(198,459)$5,049 $661,794 

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

5

GLADSTONE LAND CORPORATION AND SUBSIDIARIES

CONDENSED CONSOLIDATED STATEMENTS OF EQUITY

(In thousands, except share data)

(Unaudited)

Three Months Ended September 30, 2024 Series B Preferred StockSeries C Preferred StockSeries EPreferred StockCommon StockAdditionalPaid-in CapitalDistributionsin Excess ofAccumulatedEarningsAccumulatedOtherComprehensiveIncome TotalEquityNo. ofSharesParValueNo. ofSharesParValueNo. ofSharesParValueNo. ofSharesParValueBalance at June 30, 20245,901,330$6 10,070,467$10 247,981$— 35,838,442$36 $853,302 $(153,226)$8,341 $708,469 Redemptions of Series B Preferred Stock, net(60,441)— —— ———— (1,345)49 — (1,296)Redemptions of Series C Preferred Stock, net—— (115,604)— ———— (2,622)182 — (2,440)Issuance of Series E Preferred Stock, net—— —— 3,595——— 76 — — 76 Net income—— —— ———— — 6 — 6 Dividends—cumulative redeemable preferred stock—— —— ————