---
schema_version: "secwatch.filing_event.v1"
accession: "0001495240-21-000021"
form_type: "8-K"
ticker: "LAND"
cik: "0001495240"
company_name: "GLADSTONE LAND Corp"
filed_at: "2021-08-10T23:59:59+00:00"
generated_at: "2026-06-29T16:34:16.738366+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Q2 net loss $531K, AFFO $0.13/share; acquired $79.7M in farms

## Summary
- Net loss of $531K vs prior-quarter net income of $554K; loss to common stockholders of $3.5M ($0.12/share).
- AFFO fell to $3.7M ($0.13/share) from $4.7M ($0.17/share), driven by $2.2M interest patronage in prior quarter.
- Acquired 13 farms for $79.7M at 5.1% initial cap rate; portfolio now 153 farms on 105,282 acres.
- Raised $63.2M via common ATM and $9.2M via Series C preferred during Q2; NAV per share up $0.47 to $13.16.
- Subsequent to quarter: monthly dividend raised 0.22% to $0.0451/share; sold additional $19.9M common and $3.9M preferred.

## SEC filing metadata
- accession: 0001495240-21-000021
- form_type: 8-K
- ticker: LAND
- cik: 0001495240
- company_name: GLADSTONE LAND Corp
- filed_at: 2021-08-10T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1495240/000149524021000021/0001495240-21-000021-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1495240/000149524021000021/land-20210810.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001495240-21-000021
- JSON: https://secwatch.observer/filing/0001495240-21-000021.json
- Plain text: https://secwatch.observer/filing/0001495240-21-000021.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.