Gladstone Land Corporation Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Equity

Condensed Consolidated Statements of Equity - USD ($) $ in Thousands	Total	Preferred Stock	Parent	Common Stock	Additional Paid-in Capital	Accumulated Deficit	Non- Controlling Interests	Common Stock	Common Stock Parent	Common Stock Common Stock	Common Stock Additional Paid-in Capital	Common Stock Non- Controlling Interests	Series B Preferred Stock	Series B Preferred Stock Preferred Stock	Series B Preferred Stock Parent	Series B Preferred Stock Additional Paid-in Capital
Beginning balance (in shares) at Dec. 31, 2016				10,024,875										0
Beginning balance at Dec. 31, 2016	$ 87,777		$ 76,690	$ 10	$ 90,082	$ (13,402)	$ 11,087
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Issuance of OP Units as consideration in real estate acquisitions, net	0						0
Proceeds from issuance of stock, net (in shares)										1,825,749
Issuance of stock, net								$ 19,565	$ 19,565	$ 2	$ 19,563	$ 0
Net (loss) income	428		379			379	49
Distributions—OP Units and common stock	(3,294)		(2,918)			(2,918)	(376)
Adjustment to non-controlling interests resulting from changes in ownership of the Operating Partnership	0		(625)		(625)		625
Ending balance (in shares) at Jun. 30, 2017				11,850,624										0
Ending balance at Jun. 30, 2017	$ 104,476		93,091	$ 12	109,020	(15,941)	11,385
Beginning balance (in shares) at Dec. 31, 2017	13,791,574			13,791,574										0
Beginning balance at Dec. 31, 2017	$ 117,951		109,917	$ 14	129,705	(19,802)	8,034
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Redemption of OP Units (in shares)				251,267
Redemption of OP Units	(521)		2,028		2,028		(2,549)
Proceeds from issuance of stock, net (in shares)										1,981,031				20,280
Issuance of stock, net								$ 23,603	$ 23,603	$ 2	$ 23,601		$ 455		$ 455	$ 455
Net (loss) income	(2,170)		(2,039)			(2,039)	(131)
Dividends—Series B Preferred Stock	(3)		(3)			(3)
Distributions—OP Units and common stock	(4,164)		(3,919)			(3,919)	(245)
Adjustment to non-controlling interests resulting from changes in ownership of the Operating Partnership	$ 0		(683)		(683)		683
Ending balance (in shares) at Jun. 30, 2018	16,023,872	20,280		16,023,872										0
Ending balance at Jun. 30, 2018	$ 135,151		$ 129,359	$ 16	$ 155,106	$ (25,763)	$ 5,792