secwatch.observer — SEC 8-K summary
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Issuer:     GLADSTONE COMMERCIAL CORP (GOOD)
CIK:        0001234006
Form:       8-K
Filed at:   2025-02-18T23:59:59+00:00
Accession:  0001234006-25-000004
Event type: earnings
Sentiment:  neutral
Materiality: 0.50
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Gladstone Commercial Q4 FFO per share $0.35, down from $0.38; FY 2024 Core FFO $1.42 vs $1.47
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- Q4 2024 total operating revenue $37.4M, down 4.7% from Q3; net income $7.2M, down 39%.
- Core FFO per share $0.35 (Q4), $1.42 (FY) vs $0.38 and $1.47 prior periods.
- Portfolio occupancy 98.7% (Dec 31) vs 96.8% a year ago; 100% base rent collected.
- Acquired 7 properties for $26.8M at 10.99% cap rate; sold 7 non-core for $39M.
- Dividend maintained at $0.30/share/quarter; declared Jan-Mar 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1234006/000123400625000004/0001234006-25-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1234006/000123400625000004/good-20250218.htm
  HTML page:      https://secwatch.observer/filing/0001234006-25-000004

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer