The Company originally issued the Series C Preferred at $25.00 per share through a $255 million continuous registered non-listed offering, beginning in April 2020, which was completed in December 2022.

Net income for the quarter was approximately $1.8 million, compared to approximately $1.2 million in the prior-year quarter.

Gladstone Commercial Corporation (NASDAQ:GOOD) ("Gladstone Commercial" or the "Company") today reported financial results...

"We are excited to continue expanding our industrial portfolio with a new, credit-worthy tenant and are pleased to add a well-located asset in a top industrial market with strong underlying fundamentals..."

As a result of the flooding, one of the Company's farms suffered damage to certain of its structures.

Gladstone Land Corporation (NASDAQ:LAND) ("Gladstone Land" or the "Company") today reported financial results for the fourth quarter...

"We are excited by the early positive reception of our Series E Preferred Stock offering in the independent broker-dealer and registered investment advisor channels with the first closing occurring within two months of filing the prospectus supplement."

"We believe that the dividend cut, along with the temporary incentive fee waiver, will help the Company to maintain a strong balance sheet in 2023."

The Company has paid 119 consecutive monthly cash distributions on its common stock since its initial public offering in January 2013 and has increased its common stock distributions 29 times over the prior 32 quarters.