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, 2013

Stockholders' Equity [Abstract]

Summary of changes in stockholders' equity


		Common Stock								Additional Paid-in Capital				Retained Earnings				Total Stockholders’ Equity
		Number of Shares				Par Value				Additional Paid-in Capital				Retained Earnings				Total Stockholders’ Equity
Balance at December 31, 2012			2,750,000			$	2,750			$	—			$	8,133,976			$	8,136,726

Net income			—				—				—				47,516				47,516
Proceeds from issuance of common stock, net			3,780,264				3,780				51,326,166				—				51,329,946
Distributions			—				—				—				(522,421	)			(522,421	)

Balance at March 31, 2013			6,530,264			$	6,530			$	51,326,166			$	7,659,071			$	58,991,767

Monthly distributions declared and paid by Company's Board of Directors


Declaration Date		Record Date		Payment Date		Distribution per Common Share
February 5, 2013		February 15, 2013		February 28, 2013		$	0.04
February 5, 2013		March 15, 2013		March 28, 2013			0.04

				Total:		$	0.08