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)															(1,400)
Redemption of preferred stock net														$ (31)	$ (31)	$ (31)
Issuance of stock, net (in shares)		122,743
Issuance of stock, net	1,128	$ 0	1,128											(4)		(4)
Net income (loss)	9,317			9,317
Dividends—cumulative redeemable preferred stock	(18,006)			(18,006)
Distributions—OP Units and common stock	(15,209)			(15,209)
Comprehensive income (loss) attributable to the Company	(2,583)				(2,583)
Ending balance, preferred stock (in shares) at Sep. 30, 2025							5,840,889				9,954,863				251,036
Ending balance at Sep. 30, 2025	661,794	$ 36	855,152	(198,459)	5,049		$ 6				$ 10				$ 0
Ending balance, common stock (in shares) at Sep. 30, 2025		36,307,401
Beginning balance, preferred stock (in shares) at Jun. 30, 2025							5,840,889				9,954,863				251,636
Beginning balance at Jun. 30, 2025	670,073	$ 36	854,037	(189,474)	5,458		$ 6				$ 10				$ 0
Beginning balance, common stock (in shares) at Jun. 30, 2025		36,184,658
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Redemptions of preferred stock (in shares)															(600)
Redemption of preferred stock net														$ (13)	$ (13)	(13)
Issuance of stock, net (in shares)		122,743
Issuance of stock, net	1,128		1,128
Net income (loss)	2,087			2,087
Dividends—cumulative redeemable preferred stock	(6,002)			(6,002)
Distributions—OP Units and common stock	(5,070)			(5,070)
Comprehensive income (loss) attributable to the Company	(409)				(409)
Ending balance, preferred stock (in shares) at Sep. 30, 2025							5,840,889				9,954,863				251,036
Ending balance at Sep. 30, 2025	661,794	$ 36	855,152	(198,459)	5,049		$ 6				$ 10				$ 0
Ending balance, common stock (in shares) at Sep. 30, 2025		36,307,401
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)							(350,890)				(649,143)				(65,360)
Redemption of preferred stock net						$ (7,298)	$ (1)	$ (7,804)	$ 507	$ (13,316)	$ (1)	$ (14,723)	$ 1,408	$ (1,485)	$ (1,485)	(1,454)	$ (31)
Issuance of stock, net (in shares)		5,277,928
Issuance of stock, net	$ 52,309	$ 5	52,304											$ (3)		(3)
Net income (loss)	(1,740)			(1,740)
Dividends—cumulative redeemable preferred stock	(17,537)			(17,537)
Distributions—OP Units and common stock	(17,842)			(17,842)
Comprehensive income (loss) attributable to the Company	1,663				1,663
Ending balance, preferred stock (in shares) at Sep. 30, 2026						5,489,999	5,489,999			9,305,720	9,305,720			183,126	183,126
Ending balance at Sep. 30, 2026	$ 665,037	$ 43	899,167	(240,746)	6,559		$ 5				$ 9				$ 0
Ending balance, common stock (in shares) at Sep. 30, 2026	43,292,846	43,292,846
Beginning balance, preferred stock (in shares) at Jun. 30, 2026							5,658,577				9,593,965				210,726
Beginning balance at Jun. 30, 2026	$ 673,111	$ 43	908,539	(240,810)	5,323		$ 6				$ 10				$ 0
Beginning balance, common stock (in shares) at Jun. 30, 2026		43,136,573
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Redemptions of preferred stock (in shares)							(168,578)				(288,245)				(27,600)
Redemption of preferred stock net						$ (3,531)	$ (1)	$ (3,750)	$ 220	$ (5,974)	$ (1)	$ (6,537)	$ 564	$ (621)	$ (621)	$ (614)	$ (7)
Issuance of stock, net (in shares)		156,273
Issuance of stock, net	1,529		1,529
Net income (loss)	11,025			11,025
Dividends—cumulative redeemable preferred stock	(5,687)			(5,687)
Distributions—OP Units and common stock	(6,051)			(6,051)
Comprehensive income (loss) attributable to the Company	1,236				1,236
Ending balance, preferred stock (in shares) at Sep. 30, 2026						5,489,999	5,489,999			9,305,720	9,305,720			183,126	183,126
Ending balance at Sep. 30, 2026	$ 665,037	$ 43	$ 899,167	$ (240,746)	$ 6,559		$ 5				$ 9				$ 0
Ending balance, common stock (in shares) at Sep. 30, 2026	43,292,846	43,292,846