GLADSTONE LAND Corp
LAND · XNASCIK 1495240fmd_1RNV2C7AWSK9EYHR1DATBQA1CWFinance, Insurance and Real Estate · Real Estate Investment TrustsTemplate: Real estate
Coverage: Jan 01, 2011 to Sep 30, 2026, 60 periods
| Line item | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Rental revenue | 17 | 25 | 29 | 41 | 57 | 75 | – | 90 | 85 | 76 |
| Total revenues | – | 25 | 37 | 41 | 57 | 75 | 89 | 90 | 85 | 88 |
| Cost of revenue | – | – | – | – | – | – | – | 0 | 0 | 10 |
| Real estate taxes | – | – | – | – | – | – | – | – | – | – |
| Gross profit | – | – | – | – | – | – | – | 90 | 85 | 79 |
| Depreciation and amortization | 5 | 7 | 9 | 13 | 17 | 27 | 35 | 37 | 35 | 35 |
| Gain on sale of real estate | 0 | (0) | 6 | 0 | (2) | (3) | (4) | 5 | 6 | – |
| Impairment of real estate | 0 | 0 | 0 | 0 | – | – | – | – | – | – |
| Total operating expenses | – | 14 | 25 | 21 | 29 | 44 | 55 | 57 | 56 | 68 |
| Funds from operations (NAREIT definition, derived) | 6 | 7 | 6 | 14 | 24 | 33 | 44 | 47 | 42 | 48 |
| Operating income | 7 | 11 | – | – | – | – | – | 33 | 29 | 10 |
| Interest expense | 6 | 10 | 12 | 16 | 21 | 25 | 26 | 24 | 22 | 20 |
| Interest and investment income | – | – | – | – | – | – | – | – | – | – |
| Other non-operating income (expense) | (7) | (11) | (9) | (18) | (23) | (28) | (29) | (19) | (16) | (7) |
| Income before taxes | 0 | – | – | – | – | – | – | – | – | – |
| Income tax expense | 0 | – | – | – | – | – | – | – | – | – |
| Net income from continuing operations | 0 | – | – | – | – | – | – | – | – | – |
| Net income | 0 | (0) | 3 | 2 | 5 | 3 | 5 | 15 | 13 | 14 |
| Net income to common shareholders | – | (0) | 2 | (2) | (4) | (9) | (15) | (10) | (10) | (10) |