---
schema_version: "secwatch.filing_event.v1"
accession: "0001495240-22-000026"
form_type: "8-K"
ticker: "LAND"
cik: "0001495240"
company_name: "GLADSTONE LAND Corp"
filed_at: "2022-11-08T23:59:59+00:00"
generated_at: "2026-06-22T03:23:37.046275+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Gladstone Land Q3 AFFO up 60% to $0.21/share; net loss narrows to $0.10; distribution raised 0.44%

## Summary
- Total operating revenues $24.2M, up 19.3% QoQ; net loss to common stockholders $3.6M ($0.10 per share).
- AFFO available to common shareholders $7.2M ($0.21 per share), up 60.3% from prior quarter.
- Acquired four farms for $37.4M at weighted-average initial cap rate of 6.2%; repaid $16.9M of maturing debt.
- Estimated NAV per common share rose $0.96 to $16.56 as of Sept 30, 2022.
- Monthly cash distribution increased to $0.0458 per share for Oct–Dec 2022, the 28th hike in 31 quarters.

## SEC filing metadata
- accession: 0001495240-22-000026
- form_type: 8-K
- ticker: LAND
- cik: 0001495240
- company_name: GLADSTONE LAND Corp
- filed_at: 2022-11-08T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1495240/000149524022000026/0001495240-22-000026-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1495240/000149524022000026/land-20221108.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001495240-22-000026
- JSON: https://secwatch.observer/filing/0001495240-22-000026.json
- Plain text: https://secwatch.observer/filing/0001495240-22-000026.txt

## Key facts
- Earnings Releases
  GLADSTONE LAND Corp reported third quarter ended September 30, 2022 results: net income approximately $1.8 million, EPS $0.10 per share.
  - Period: third quarter ended September 30, 2022
  - Net income: approximately $1.8 million
  - EPS: $0.10 per share
  - Result: reported results
  source text: Gladstone Land Corporation issued a press release announcing its financial results for the third quarter and three and nine months ended September 30, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1495240/000149524022000026/0001495240-22-000026-index.htm

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