---
schema_version: "secwatch.filing_event.v1"
accession: "0001495240-24-000023"
form_type: "8-K"
ticker: "LAND"
cik: "0001495240"
company_name: "GLADSTONE LAND Corp"
filed_at: "2024-08-08T23:59:59+00:00"
generated_at: "2026-05-31T10:50:50.740761+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Gladstone Land Q2 net loss $823K vs $7.9M income YoY; AFFO flat at $0.103/share

## Summary
- Net loss to common stockholders $6.7M ($0.19/diluted share); prior-year net income $1.7M ($0.05/share).
- Total operating revenue $21.3M, flat YoY; fixed base cash rents down $1.1M, participation rents up $1.1M.
- AFFO $3.7M ($0.103/share), up 1.5% YoY; cash distributions increased 0.22% to $0.140/share.
- NAV per share fell $1.56 to $17.59, driven by farm valuation decreases and higher interest rates.
- Executed 3 lease amendments post-quarter for $395K annual NOI increase; repurchased 140,777 preferred shares.

## SEC filing metadata
- accession: 0001495240-24-000023
- form_type: 8-K
- ticker: LAND
- cik: 0001495240
- company_name: GLADSTONE LAND Corp
- filed_at: 2024-08-08T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- 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/1495240/000149524024000023/0001495240-24-000023-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1495240/000149524024000023/land-20240808.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001495240-24-000023
- JSON: https://secwatch.observer/filing/0001495240-24-000023.json
- Plain text: https://secwatch.observer/filing/0001495240-24-000023.txt

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