---
schema_version: "secwatch.filing_event.v1"
accession: "0001495240-24-000030"
form_type: "8-K"
ticker: "LAND"
cik: "0001495240"
company_name: "GLADSTONE LAND Corp"
filed_at: "2024-11-06T23:59:59+00:00"
generated_at: "2026-05-30T04:28:32.938399+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Gladstone Land Q3 net loss widens to $5.8M; AFFO per share down 15.7% YoY

## Summary
- Net loss to common stockholders $5.8M ($0.16/share) vs $3.0M loss ($0.08) prior year; AFFO $0.13/share vs $0.15.
- Total operating revenue $22.6M, down 4.1% YoY; fixed base cash rents fell $2.6M partly from Florida farm sale.
- NAV per share fell 23.4% to $15.57 from $20.33, driven by farm reappraisals and higher interest rates.
- Leased 21 farms; annual row crop NOI +11% but permanent crop NOI -15% due to lease restructuring.
- Subsequent: selling 11 Michigan blueberry farms for ~$5.0M; raised $4.6M via ATM common offering.

## SEC filing metadata
- accession: 0001495240-24-000030
- form_type: 8-K
- ticker: LAND
- cik: 0001495240
- company_name: GLADSTONE LAND Corp
- filed_at: 2024-11-06T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1495240/000149524024000030/0001495240-24-000030-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1495240/000149524024000030/land-20241106.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001495240-24-000030
- JSON: https://secwatch.observer/filing/0001495240-24-000030.json
- Plain text: https://secwatch.observer/filing/0001495240-24-000030.txt

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