Company: LANDO
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0001495240-25-000028
Chunk: 124

Company: GLADSTONE LAND Corp
Filing Date: 2025-11-05
Form: 10-Q
Item: Part I, Item 8
Chunk 124
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 fresh produce annual row crops (e.g., certain berries and vegetables) or certain permanent crops (e.g., almonds, blueberries, pistachios, and wine grapes), with an ancillary focus on farmland growing certain commodity crops (e.g., beans and corn).

The following table summarizes the different geographic locations (by state) of our farms owned as of and during the nine months ended September 30, 2025 and 2024 (dollars in thousands):

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 As of and For the Nine Months Ended September 30, 2025As of and For the Nine Months Ended September 30, 2024StateNo. ofFarmsTotalAcres% ofTotalAcresLeaseRevenue% of TotalLeaseRevenueNo. ofFarmsTotalAcres% ofTotalAcresLeaseRevenue% of TotalLeaseRevenueCalifornia(1)6334,84534.7%$28,783 61.5%6334,84431.2%$43,331 68.1%Florida1810,41210.4%6,839 14.6%2518,72016.7%9,120 14.3%Washington62,5202.5%3,282 7.0%62,5202.2%3,205 5.0%Colorado1232,77332.7%1,787 3.8%1232,77329.3%1,984 3.1%Arizona66,3206.3%1,759 3.7%66,3205.6%1,706 2.7%Oregon68980.9%1,278 2.7%68980.8%1,650 2.6%Nebraska75,2235.2%999 2.1%97,7827.0%603 0.9%Michigan121,2451.2%829 1.8%231,8921.7%746 1.2%Texas13,6673.7%405 0.9%13,6673.3%344 0.5%Maryland69871.0%362 0.8%69870.9%345 0.5%South Carolina35970.6%183 0.4%35970.5%183 0.3%Georgia22300.2%168 0.4%22300.