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

Quarterly report pursuant to Section 13 or 15(d)

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)

3 Months Ended

Mar. 31, 2014

Summary of Changes in Stockholders' Equity

The following table summarizes the changes in our stockholders’ equity for the three months ended March 31, 2014:


	Common Stock						Distributions in Excess of Earnings			Total Stockholders’ Equity
	Number of Shares		Par Value		Additional Paid-in Capital		Distributions in Excess of Earnings			Total Stockholders’ Equity
Balance at December 31, 2013		6,530,264	$	6,530	$	51,326,262	$	(2,820,800	)	$	48,511,992
Net income		—		—		—		20,918			20,918
Distributions		—		—		—		(587,724	)		(587,724	)

Balance at March 31, 2014		6,530,264	$	6,530	$	51,326,262	$	(3,387,606	)	$	47,945,186

Monthly Distributions Declared and Paid by Company's Board of Directors

Our Board of Directors declared and paid the following monthly distributions to common stockholders during the three months ended March 31, 2014 and 2013:


For the Three Months Ended March 31,	Distributions per Common Share
2014	$	0.09
2013		0.08