secwatch.observer — SEC 8-K summary
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Issuer:     GLADSTONE COMMERCIAL CORP (GOOD)
CIK:        0001234006
Form:       8-K
Filed at:   2023-02-22T23:59:59+00:00
Accession:  0001234006-23-000004
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Gladstone Commercial Q4 net loss $1.3M, FFO $0.34; cuts monthly dividend to $0.10
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- Q4 total operating revenue $37.2M, down 6.6% sequentially; net loss attributable to common $1.3M ($0.03/share).
- Q4 diluted FFO $0.34, Core FFO $0.34; FY2022 diluted FFO $1.54, Core FFO $1.56.
- Reduced monthly common dividend from $0.1254 to $0.10 starting Jan 2023 (20% cut).
- Acquired 13 industrial properties for $114.4M in 2022; sold 5 non-core assets for $41.3M.
- Amended advisory agreement to waive incentive fees for Q1 and Q2 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1234006/000123400623000004/0001234006-23-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1234006/000123400623000004/good-20230222.htm
  HTML page:      https://secwatch.observer/filing/0001234006-23-000004

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