Gladstone Land Corporation Quarterly report [Sections 13 or 15(d)]

Quarterly report [Sections 13 or 15(d)]

CONDENSED CONSOLIDATED STATEMENTS OF EQUITY

CONDENSED CONSOLIDATED STATEMENTS OF EQUITY - USD ($) $ in Thousands	Total	Common Stock	Additional Paid-in Capital	Distributions in Excess of Accumulated Earnings	Accumulated Other Comprehensive Income	Series B Preferred Stock	Series B Preferred Stock Preferred Stock	Series B Preferred Stock Additional Paid-in Capital	Series B Preferred Stock Distributions in Excess of Accumulated Earnings	Series C Preferred Stock	Series C Preferred Stock Preferred Stock	Series C Preferred Stock Additional Paid-in Capital	Series C Preferred Stock Distributions in Excess of Accumulated Earnings	Series E Preferred Stock	Series E Preferred Stock Preferred Stock	Series E Preferred Stock Additional Paid-in Capital	Series E Preferred Stock Distributions in Excess of Accumulated Earnings
Beginning balance, preferred stock (in shares) at Dec. 31, 2024							5,840,889				9,954,863				252,436
Beginning balance at Dec. 31, 2024	$ 687,182	$ 36	$ 854,059	$ (174,561)	$ 7,632		$ 6				$ 10				$ 0
Beginning balance, common stock (in shares) at Dec. 31, 2024		36,184,658
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Redemptions of preferred stock (in shares)															(800)
Redemption of preferred stock net														$ (18)	$ (18)	$ (18)
Issuance of stock, net														$ (4)		(4)
Net income (loss)	7,230			7,230
Dividends—cumulative redeemable preferred stock	(12,004)			(12,004)
Distributions—OP Units and common stock	(10,139)			(10,139)
Comprehensive income (loss) attributable to the Company	(2,174)				(2,174)
Ending balance, preferred stock (in shares) at Jun. 30, 2025							5,840,889				9,954,863				251,636
Ending balance at Jun. 30, 2025	670,073	$ 36	854,037	(189,474)	5,458		$ 6				$ 10				$ 0
Ending balance, common stock (in shares) at Jun. 30, 2025		36,184,658
Beginning balance, preferred stock (in shares) at Mar. 31, 2025							5,840,889				9,954,863				251,636
Beginning balance at Mar. 31, 2025	689,878	$ 36	854,037	(170,525)	6,314		$ 6				$ 10				$ 0
Beginning balance, common stock (in shares) at Mar. 31, 2025		36,184,658
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Redemptions of preferred stock (in shares)															0
Redemption of preferred stock net															$ 0
Net income (loss)	(7,878)			(7,878)
Dividends—cumulative redeemable preferred stock	(6,002)			(6,002)
Distributions—OP Units and common stock	(5,069)			(5,069)
Comprehensive income (loss) attributable to the Company	(856)				(856)
Ending balance, preferred stock (in shares) at Jun. 30, 2025							5,840,889				9,954,863				251,636
Ending balance at Jun. 30, 2025	670,073	$ 36	854,037	(189,474)	5,458		$ 6				$ 10				$ 0
Ending balance, common stock (in shares) at Jun. 30, 2025		36,184,658
Beginning balance, preferred stock (in shares) at Dec. 31, 2025						5,840,889	5,840,889			9,954,863	9,954,863			248,486	248,486
Beginning balance at Dec. 31, 2025	$ 670,286	$ 38	870,847	(205,511)	4,896		$ 6				$ 10				$ 0
Beginning balance, common stock (in shares) at Dec. 31, 2025	38,014,918	38,014,918
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Redemptions of preferred stock (in shares)							(182,312)				(360,898)				(37,760)
Redemption of preferred stock net						$ (3,767)		$ (4,055)	$ 288	$ (7,343)		$ (8,186)	$ 843	$ (864)	$ (864)	(840)	$ (24)
Issuance of stock, net (in shares)		5,121,655
Issuance of stock, net	$ 50,781	$ 5	50,776											$ (3)		(3)
Net income (loss)	(12,764)			(12,764)
Dividends—cumulative redeemable preferred stock	(11,850)			(11,850)
Distributions—OP Units and common stock	(11,792)			(11,792)
Comprehensive income (loss) attributable to the Company	427				427
Ending balance, preferred stock (in shares) at Jun. 30, 2026						5,658,577	5,658,577			9,593,965	9,593,965			210,726	210,726
Ending balance at Jun. 30, 2026	$ 673,111	$ 43	908,539	(240,810)	5,323		$ 6				$ 10				$ 0
Ending balance, common stock (in shares) at Jun. 30, 2026	43,136,573	43,136,573
Beginning balance, preferred stock (in shares) at Mar. 31, 2026							5,801,767				9,870,088				238,126
Beginning balance at Mar. 31, 2026	$ 688,325	$ 42	904,551	(221,258)	4,974		$ 6				$ 10				$ 0
Beginning balance, common stock (in shares) at Mar. 31, 2026		41,759,181
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Redemptions of preferred stock (in shares)							(143,190)				(276,123)				(27,400)
Redemption of preferred stock net						$ (2,982)		$ (3,185)	$ 203	$ (5,660)		$ (6,263)	$ 603	$ (616)	$ (616)	$ (609)	$ (7)
Issuance of stock, net (in shares)		1,377,392
Issuance of stock, net	14,046	$ 1	14,045
Net income (loss)	(8,460)			(8,460)
Dividends—cumulative redeemable preferred stock	(5,862)			(5,862)
Distributions—OP Units and common stock	(6,029)			(6,029)
Comprehensive income (loss) attributable to the Company	349				349
Ending balance, preferred stock (in shares) at Jun. 30, 2026						5,658,577	5,658,577			9,593,965	9,593,965			210,726	210,726
Ending balance at Jun. 30, 2026	$ 673,111	$ 43	$ 908,539	$ (240,810)	$ 5,323		$ 6				$ 10				$ 0
Ending balance, common stock (in shares) at Jun. 30, 2026	43,136,573	43,136,573