Company: LANDO
Filing Date: 2025-02-19
Form Type: 10-K
Source: 0001495240-25-000005
Chunk: 133

Company: GLADSTONE LAND Corp
Filing Date: 2025-02-19
Form: 10-K
Item: Item 8
Chunk 133
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 10,298 Due to related parties, net2,972 3,874 Other liabilities, net16,185 19,909 Total liabilities625,013 667,711 Commitments and contingencies (Note 7)EQUITY:Stockholders’ equity:Series B cumulative redeemable preferred stock, $0.001 par value; $25.00 per share liquidation preference; 6,340,889 shares authorized, 5,840,889 shares issued and outstanding as of December 31, 2024; 6,456,065 shares authorized, 5,956,065 shares issued and outstanding as of December 31, 20236 6 Series C cumulative redeemable preferred stock, $0.001 par value, $25.00 per share liquidation preference; 25,700,791 shares authorized, 9,954,863 shares issued and outstanding as of December 31, 2024; 25,902,437 shares authorized, 10,156,509 shares issued and outstanding as of December 31, 202310 10 Series E cumulative redeemable preferred stock, $0.001 par value, $25.00 per share liquidation preference; 15,998,400 shares authorized, 252,436 shares issued and outstanding as of December 31, 2024; 15,998,400 shares authorized, 235,841 issued and outstanding as of December 31, 2023— — Common stock, $0.001 par value; 48,359,920 shares authorized, 36,184,658 shares issued and outstanding as of December 31, 2024; 48,043,098 shares authorized, 35,838,442 shares issued and outstanding as of December 31, 202336 36 Additional paid-in capital854,059 856,206 Distributions in excess of accumulated earnings(174,561)(144,011)Accumulated other comprehensive income (loss)7,632 7,366 Total stockholders’ equity687,182 719,613 Non-controlling interests in Operating Partnership— — Total equity687,182 719,613 TOTAL LIABILITIES AND EQUITY$1,312,195 $1,387,324 

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

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GLADSTONE LAND CORPORATION AND SUBSIDIARIES

CONSOLID