secwatch.observer — SEC 8-K summary
======================================

Issuer:     GLADSTONE LAND Corp (LAND)
CIK:        0001495240
Form:       8-K
Filed at:   2022-02-22T23:59:59+00:00
Accession:  0001495240-22-000006
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Gladstone Land Q4 AFFO $0.20/share, up 28% QoQ; full-year AFFO $0.67/share, up 42%
--------------------------------------------------------------------------------

- Q4 net loss to common $1.4M ($0.04/share); AFFO $6.7M ($0.20/share), up from $0.17 prior quarter.
- Full-year 2021 AFFO $20.4M ($0.67/share), up 42.2% YoY; total operating revenues $75.3M, up 32.1%.
- Acquired 27 farms for $294.5M in 2021; 100% occupancy at year-end; NAV per share $14.31, up $0.51 QoQ.
- Subsequent: expanded MetLife facility by $100M; sold 663,508 Series C preferred shares for $15.1M.
- Increased distribution run rate by 0.22% to $0.0453/month; 25th increase in 28 quarters.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1495240/000149524022000006/0001495240-22-000006-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1495240/000149524022000006/land-20220222.htm
  HTML page:      https://secwatch.observer/filing/0001495240-22-000006

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