secwatch.observer — SEC 8-K summary
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Issuer:     GLADSTONE COMMERCIAL CORP (GOOD)
CIK:        0001234006
Form:       8-K
Filed at:   2024-11-04T23:59:59+00:00
Accession:  0001234006-24-000016
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Gladstone Commercial Q3 Core FFO $0.38/share, revenue up 5.9% QoQ
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- Total operating revenue $39.2M, up 5.9% from Q2; net income $11.7M vs $1.6M in Q2.
- Core FFO available to common shareholders $16.3M, $0.38 per share, up 11.2% from Q2.
- Recorded $4.5M impairment on one property; $10.3M net gain on sale of two properties.
- Collected 100% of cash rents for Q3 and October; dividend maintained at $0.30/share.
- After quarter end, issued $15.2M of new fixed-rate debt at 5.60% and repaid $14.8M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1234006/000123400624000016/0001234006-24-000016-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1234006/000123400624000016/good-20241104.htm
  HTML page:      https://secwatch.observer/filing/0001234006-24-000016

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