secwatch.observer — SEC 8-K summary
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Issuer:     GLADSTONE LAND Corp (LAND)
CIK:        0001495240
Form:       8-K
Filed at:   2022-11-08T23:59:59+00:00
Accession:  0001495240-22-000026
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1495240/000149524022000026/0001495240-22-000026-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1495240/000149524022000026/land-20221108.htm
  HTML page:      https://secwatch.observer/filing/0001495240-22-000026

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