{"schema_version":"secwatch.filing_event.v1","accession":"0001495240-24-000006","form_type":"8-K","ticker":"LAND","cik":"0001495240","company_name":"GLADSTONE LAND Corp","filed_at":"2024-02-20T23:59:59+00:00","discovered_at":"2026-05-14T18:03:24.331336+00:00","generated_at":"2026-06-05T23:01:24.651048+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Gladstone Land Q4 AFFO down 17.7% YoY to $5.4M; occupancy 99.5%; post-quarter farm sale yields $10.4M gain","bullets":["Q4 AFFO $5.4M ($0.15/sh) vs $6.6M ($0.19) YoY; net loss to common $4.3M ($0.12).","FY23 AFFO $20.3M ($0.569/sh) vs $24.3M ($0.701); net loss to common $9.9M ($0.28).","Executed 30 lease renewals; excluding non-accrual, annual NOI up $1.6M (+8.7%); vacant/direct farms reduced NOI $1.7M.","Post-quarter sold 3,748-acre FL farm for $65.7M, net gain $10.4M (60% ROE); Q4 sold 138-acre FL for $9.6M (gain $6.4M).","Common dividend raised 0.22% to $0.0465/mo; 33rd increase in 36 quarters (cumulative 55% increase)."],"urls":{"canonical":"https://secwatch.observer/filing/0001495240-24-000006","json":"https://secwatch.observer/filing/0001495240-24-000006.json","markdown":"https://secwatch.observer/filing/0001495240-24-000006.md","text":"https://secwatch.observer/filing/0001495240-24-000006.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1495240/000149524024000006/0001495240-24-000006-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1495240/000149524024000006/land-20240220.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T23:01:24.651048+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"247bcb9ea4dcb732b2a0572b2aee2300a7672460","claim":"GLADSTONE LAND Corp reported the fourth quarter ended December 31, 2023 results: net income approximately $1.8 million, EPS $0.12 per share.","evidence_excerpt":"Fourth Quarter 2023 Results: Net income for the quarter was approximately $1.8 million, compared to approximately $1.1 million in the prior-year quarter. Net loss to common stockholders during the quarter was approximately $4.3 million, or $0.12 per share, compared to approximately $4.8 million, or $0.14 per share, in the prior-year quarter.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1495240/000149524024000006/0001495240-24-000006-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter ended December 31, 2023"},{"label":"Net income","value":"approximately $1.8 million"},{"label":"EPS","value":"$0.12 per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"d286f10d76f848ec59164d5bdd9ea2393fe4ba87","claim":"GLADSTONE LAND Corp reported financial results for the year ended December 31, 2023.","evidence_excerpt":"Gladstone Land Corporation issued a press release announcing its financial results for the fourth quarter and year ended December 31, 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1495240/000149524024000006/0001495240-24-000006-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the year ended December 31, 2023"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}