secwatch.observer — SEC 8-K summary
======================================

Issuer:     GLADSTONE LAND Corp (LAND)
CIK:        0001495240
Form:       8-K
Filed at:   2026-02-24T23:59:59+00:00
Accession:  0001495240-26-000008
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Gladstone Land Q4 net loss to common $1.8M; AFFO $0.38/sh; revenue shift to participation rents
--------------------------------------------------------------------------------

- Q4 net loss to common $1.8M ($0.05/sh); AFFO $14.4M ($0.38/sh) vs $3.4M ($0.09) prior Q4.
- Full-year AFFO $14.4M ($0.39/sh) vs $16.7M ($0.47) in 2024; net loss to common $10.5M.
- Participation rents hit $20.0M for 2025 (vs $9.4M in 2024); fixed base rent down $1.9M in Q4.
- Sold 13 farms for $95.4M; net gain $21.3M; redeemed Series D term preferred for $60.6M in Jan 2026.
- Occupancy rate 95.1%; CEO cites possible lease restructurings or farm sales if fixed rents not restored.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1495240/000149524026000008/0001495240-26-000008-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1495240/000149524026000008/land-20260224.htm
  HTML page:      https://secwatch.observer/filing/0001495240-26-000008

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer