Gladstone Commercial Corp's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), Gladstone Commercial Corp reported revenue of $161.3M (+8.0% year on year) and net income of $19.3M (-19.8% year on year).
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Lease revenue | $161.3M | $149.4M | $147.6M | $149.0M |
| Total operating revenues | $161.3M | $149.4M | $147.6M | $149.0M |
| Depreciation and amortization | $58.2M | $55.8M | $57.9M | $61.7M |
| Property operating expenses | $28.6M | $25.4M | $25.9M | $26.8M |
| Base management fee | $6.6M | $6.1M | $6.4M | $6.3M |
| Incentive fee | $2.8M | $4.5M | $0 | $5.3M |
| Administration fee | $2.6M | $2.6M | $2.4M | $1.9M |
| General and administrative | $4.0M | $3.9M | $4.4M | $3.7M |
| Impairment charge | $9.0K | $6.8M | $19.3M | $12.1M |
| Total operating expense before incentive fee waiver | $102.9M | $105.1M | $116.1M | $117.8M |
| Incentive fee waiver | ($1.5M) | ($2.3M) | $0 | $0 |
| Total operating expenses | $101.4M | $102.8M | $116.1M | $117.8M |
| Interest expense | ($41.9M) | ($37.4M) | ($37.3M) | ($32.5M) |
| Gain on sale of real estate, net | $367.0K | $14.2M | $7.7M | $10.1M |
| Gain on debt extinguishment, net | $0 | $300.0K | $2.8M | — |
| Other income | $892.0K | $326.0K | $204.0K | $454.0K |
| Total other (expense) income, net | ($40.7M) | ($22.5M) | ($26.6M) | ($22.0M) |
| Net (income) loss (available) attributable to OP Units held by Non-controlling OP Unitholders | ($6.0K) | ($42.0K) | $63.0K | $23.0K |
| Net income available to the Company | $19.3M | $24.0M | $5.0M | $9.3M |
| Distributions attributable to Series E, F, and G preferred stock | ($12.3M) | ($12.4M) | ($12.3M) | ($11.9M) |
| Distributions attributable to senior common stock | ($406.0K) | ($420.0K) | ($430.0K) | ($458.0K) |
| Gain (loss) on extinguishment of Series F preferred stock, net | $10.0K | ($14.0K) | ($11.0K) | ($10.0K) |
| Gain on repurchase of Series G preferred stock | $0 | $0 | $3.0K | $37.0K |
| Net income (loss) available (attributable) to common stockholders | $6.6M | $11.1M | ($7.7M) | ($3.0M) |
| Income (loss) available (attributable) to common stockholders basic (in dollars per share) | $0.14 | $0.27 | -$0.19 | -$0.08 |
| Income (loss) available (attributable) to common stockholders diluted (in dollars per share) | $0.14 | $0.27 | -$0.19 | -$0.08 |
| Basic (in shares) | 46.5M | 41.8M | 39.9M | 39.0M |
| Diluted (in shares) | 46.5M | 41.8M | 39.9M | 39.0M |
| Distributions declared per common share (in dollars per share) | $1.20 | $1.20 | $1.20 | $1.50 |
| Earnings per weighted average share of senior common stock (in dollars per share) | $1.05 | $1.05 | $1.05 | $1.05 |
| Weighted average shares of senior common stock outstanding - basic (in shares) | 386.7K | 398.8K | 409.9K | 436.7K |
| Change in unrealized (loss) gain related to interest rate hedging instruments, net | ($7.3M) | $2.7M | ($4.9M) | $12.1M |
| Other comprehensive (loss) income | ($7.3M) | $2.7M | ($4.9M) | $12.1M |
| Net income | $19.3M | $24.0M | $4.9M | $9.3M |
| Comprehensive income | $11.9M | $26.7M | $69.0K | $21.4M |
| Comprehensive (income) loss (available) attributable to OP Units held by Non-controlling OP Unitholders | ($6.0K) | ($42.0K) | $63.0K | $23.0K |
| Total comprehensive income available to the Company | $11.9M | $26.7M | $132.0K | $21.4M |
| Line item | Jun 30, 2026 · Q2 | Mar 31, 2026 · Q1 | Sep 30, 2025 · Q3 | Jun 30, 2025 · Q2 |
|---|---|---|---|---|
| Lease revenue | $44.0M | $41.9M | $40.8M | $39.5M |
| Total operating revenues | $44.0M | $41.9M | $40.8M | $39.5M |
| Depreciation and amortization | $15.0M | $14.8M | $15.3M | $14.2M |
| Property operating expenses | $7.2M | $7.0M | $7.4M | $7.3M |
| Base management fee | $1.7M | $1.7M | $1.7M | $1.6M |
| Incentive fee | $597.0K | $597.0K | $709.0K | $709.0K |
| Administration fee | $622.0K | $671.0K | $720.0K | $590.0K |
| General and administrative | $1.2M | $1.0M | $920.0K | $1.4M |
| Impairment charge | $0 | — | $0 | $9.0K |
| Total operating expense before incentive fee waiver | $26.3M | $25.8M | $26.7M | $25.9M |
| Incentive fee waiver | ($22.0K) | ($597.0K) | ($709.0K) | ($709.0K) |
| Total operating expenses | $26.2M | $25.2M | $26.0M | $25.1M |
| Interest expense | ($11.4M) | ($11.5M) | ($10.7M) | ($10.1M) |
| Gain on sale of real estate, net | $1.9M | $1.8M | ($10.0K) | $377.0K |
| Other income (expense) | $21.0K | ($24.0K) | $31.0K | ($72.0K) |
| Total other (expense) income, net | ($9.5M) | ($9.7M) | ($10.7M) | ($9.8M) |
| Net income available to OP Units held by Non-controlling OP Unitholders | ($4.0K) | ($3.0K) | ($1.0K) | ($1.0K) |
| Net income available to the Company | $8.3M | $7.0M | $4.1M | $4.6M |
| Distributions attributable to Series E, F, and G preferred stock | ($3.0M) | ($3.0M) | ($3.1M) | ($3.1M) |
| Distributions attributable to senior common stock | ($99.0K) | ($98.0K) | ($102.0K) | ($101.0K) |
| (Loss) gain on extinguishment of Series F preferred stock, net | ($7.0K) | $4.0K | $6.0K | $9.0K |
| Net income available to common stockholders | $5.1M | $3.8M | $982.0K | $1.5M |
| Income available to common stockholders basic (in dollars per share) | $0.11 | $0.08 | $0.02 | $0.03 |
| Income available to common stockholders diluted (in dollars per share) | $0.11 | $0.08 | $0.02 | $0.03 |
| Basic (in shares) | 48.4M | 48.4M | 46.9M | 46.2M |
| Diluted (in shares) | 48.4M | 48.4M | 46.9M | 46.2M |
| Earnings per weighted average share of senior common stock (in dollars per share) | $0.26 | $0.26 | $0.26 | $0.26 |
| Weighted average shares of senior common stock outstanding - basic (in shares) | 379.1K | 379.2K | 386.7K | 387.5K |
| Change in unrealized gain (loss) related to interest rate hedging instruments, net | $3.7M | $2.7M | ($604.0K) | ($2.3M) |
| Other comprehensive income (loss) | $3.7M | $2.7M | ($604.0K) | ($2.3M) |
| Net income | $8.3M | $7.0M | $4.1M | $4.6M |
| Comprehensive income | $12.0M | $9.7M | $3.5M | $2.3M |
| Comprehensive income available to OP Units held by Non-controlling OP Unitholders | ($4.0K) | ($3.0K) | ($1.0K) | ($1.0K) |
| Total comprehensive income available to the Company | $12.0M | $9.7M | $3.5M | $2.3M |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Real estate, at cost | $1.4B | $1.2B | $1.2B | $1.3B |
| Less: accumulated depreciation | $359.5M | $319.6M | $299.7M | $287.0M |
| Total real estate, net | $1.0B | $892.1M | $921.7M | $1.0B |
| Lease intangibles, net | $115.6M | $95.1M | $101.0M | $111.6M |
| Real estate and related assets held for sale | $11.3M | $4.4M | $28.8M | $3.0M |
| Cash and cash equivalents | $10.8M | $11.0M | $12.0M | $11.7M |
| Restricted cash | $5.8M | $4.1M | $4.2M | $4.3M |
| Funds held in escrow | $5.3M | $5.4M | $7.5M | $8.8M |
| Right-of-use assets from operating leases | $3.7M | $4.0M | $4.9M | $5.1M |
| Right-of-use assets from finance leases, net | $2.9M | — | — | — |
| Deferred rent receivable, net | $47.9M | $45.3M | $41.0M | $38.9M |
| Sales-type lease receivable, net | $0 | $18.6M | — | — |
| Other assets | $12.7M | $14.4M | $12.4M | $17.7M |
| TOTAL ASSETS | $1.2B | $1.1B | $1.1B | $1.2B |
| Mortgage notes payable, net | $250.2M | $269.6M | $295.9M | $359.4M |
| Borrowings under Revolver | $37.4M | $1.9M | $75.8M | $23.3M |
| Borrowings under Term Loan A, Term Loan B and Term Loan C, net | $397.7M | $347.9M | $367.3M | $366.6M |
| Senior unsecured notes, net | $158.2M | $74.0M | — | — |
| Deferred rent liability, net | $17.2M | $22.0M | $29.3M | $40.0M |
| Operating lease liabilities | $3.8M | $4.1M | $5.1M | $5.3M |
| Finance lease liabilities | $3.0M | — | — | — |
| Asset retirement obligation | $5.4M | $5.1M | $4.9M | $4.8M |
| Accounts payable and accrued expenses | $11.0M | $13.2M | $13.6M | $9.6M |
| Liabilities related to assets held for sale | $397.0K | $0 | $676.0K | — |
| Other liabilities | $20.8M | $15.3M | $16.7M | $14.6M |
| TOTAL LIABILITIES | $905.0M | $753.0M | $809.2M | $826.9M |
| Series E and G redeemable preferred stock, net, par value $0.001 per share; $25 per share liquidation preference; 10,750,886 and 10,750,886 shares authorized; and 7,052,334 and 7,052,334 shares issued and outstanding at December 31, 2025 and December 31, 2024, respectively | $170041000.00 | $170041000.00 | $170041000.00 | $170056000.00 |
| Senior common stock, par value $0.001 per share; 950,000 shares authorized; and 379,773 and 389,190 shares issued and outstanding at December 31, 2025 and December 31, 2024, respectively | $1000.00 | $1000.00 | $1000.00 | $1000.00 |
| Common stock, par value $0.001 per share, 62,599,663 and 62,400,887 shares authorized and 48,406,993 and 43,986,038 shares issued and outstanding at December 31, 2025 and December 31, 2024, respectively | $48000.00 | $44000.00 | $40000.00 | $39000.00 |
| Series F redeemable preferred stock, par value $0.001 per share; $25 per share liquidation preference; 25,699,451 and 25,898,227 shares authorized; and 750,247 and 914,553 shares issued and outstanding at December 31, 2025 and December 31, 2024, respectively | $1000.00 | $1000.00 | $1000.00 | $1000.00 |
| Additional paid in capital | $841.6M | $784.4M | $730.3M | $721.3M |
| Accumulated other comprehensive income | $3.3M | $10.6M | $7.8M | $11.6M |
| Distributions in excess of accumulated earnings | ($673.2M) | ($623.9M) | ($584.8M) | ($530.2M) |
| TOTAL STOCKHOLDERS' EQUITY | $171.8M | $171.2M | $153.3M | $202.8M |
| OP Units held by Non-controlling OP Unitholders | $122.0K | $130.0K | $986.0K | $1.8M |
| TOTAL EQUITY | $171.9M | $171.3M | $154.3M | $204.6M |
| TOTAL LIABILITIES, MEZZANINE EQUITY AND EQUITY | $1.2B | $1.1B | $1.1B | $1.2B |
| Line item | Jun 30, 2026 | Mar 31, 2026 | Sep 30, 2025 | Jun 30, 2025 |
|---|---|---|---|---|
| Real estate, at cost | $1.4B | $1.4B | $1.4B | $1.3B |
| Less: accumulated depreciation | $381.6M | $370.5M | $350.2M | $339.3M |
| Total real estate, net | $1.0B | $1.0B | $1.1B | $1.0B |
| Lease intangibles, net | $113.2M | $112.6M | $120.3M | $114.2M |
| Real estate and related assets held for sale | $0 | $11.1M | $0 | $2.8M |
| Cash and cash equivalents | $10.4M | $8.0M | $18.4M | $11.7M |
| Restricted cash | $5.4M | $5.6M | $6.2M | $4.2M |
| Funds held in escrow | $2.3M | $2.1M | $5.9M | $5.7M |
| Right-of-use assets from operating leases | $3.6M | $3.6M | $3.8M | $3.8M |
| Right-of-use assets from finance leases, net | $2.8M | $2.9M | $2.9M | $2.9M |
| Deferred rent receivable, net | $49.2M | $48.8M | $47.0M | $46.4M |
| Other assets | $19.0M | $14.3M | $10.3M | $10.4M |
| TOTAL ASSETS | $1.2B | $1.2B | $1.3B | $1.2B |
| Mortgage notes payable, net | $244.1M | $246.0M | $255.5M | $257.9M |
| Borrowings under Revolver | $51.6M | $34.3M | $145.4M | $94.4M |
| Borrowings under Term Loan A, Term Loan B and Term Loan C, net | $398.0M | $397.9M | $348.5M | $348.3M |
| Senior unsecured notes, net | $158.4M | $158.3M | $74.1M | $74.0M |
| Advance rent | $16.9M | — | — | — |
| Operating lease liabilities | $3.7M | $3.8M | $3.9M | $3.9M |
| Finance lease liabilities | $3.0M | $3.0M | $3.0M | $2.9M |
| Asset retirement obligation | $5.6M | $5.4M | $5.3M | $5.2M |
| Accounts payable and accrued expenses | $16.0M | $14.1M | $15.2M | $19.9M |
| Liabilities related to assets held for sale | $0 | $397.0K | — | — |
| Other liabilities | $18.3M | $18.0M | $20.3M | $15.6M |
| TOTAL LIABILITIES | $915.4M | $897.4M | $910.0M | $862.6M |
| Series E and G redeemable preferred stock, net, par value $0.001 per share; $25 per share liquidation preference; 10,750,886 and 10,750,886 shares authorized; and 7,052,334 and 7,052,334 shares issued and outstanding at June 30, 2026 and December 31, 2025, respectively | $170041000.00 | $170041000.00 | $170041000.00 | $170041000.00 |
| Senior common stock, par value $0.001 per share; 950,000 shares authorized; and 378,766 and 379,223 shares issued and outstanding at June 30, 2026 and December 31, 2025, respectively | $1000.00 | $1000.00 | $1000.00 | $1000.00 |
| Common stock, par value $0.001 per share, 62,639,994 and 62,599,663 shares authorized; and 48,407,375 and 48,406,993 shares issued and outstanding at June 30, 2026 and December 31, 2025, respectively | $48000.00 | $48000.00 | $48000.00 | $46000.00 |
| Series F redeemable preferred stock, par value $0.001 per share; $25 per share liquidation preference; 25,659,120 and 25,699,451 shares authorized and 717,459 and 750,247 shares issued and outstanding at June 30, 2026 and December 31, 2025, respectively | $1000.00 | $1000.00 | $1000.00 | $1000.00 |
| Additional paid in capital | $840.8M | $841.3M | $842.0M | $820.6M |
| Accumulated other comprehensive income | $9.8M | $6.0M | $3.7M | $4.3M |
| Distributions in excess of accumulated earnings | ($693.3M) | ($683.9M) | ($660.9M) | ($647.8M) |
| TOTAL STOCKHOLDERS' EQUITY | $157.4M | $163.5M | $184.8M | $177.2M |
| OP Units held by Non-controlling OP Unitholders | $111.0K | $115.0K | $132.0K | $130.0K |
| TOTAL EQUITY | $157.5M | $163.6M | $185.0M | $177.3M |
| TOTAL LIABILITIES, MEZZANINE EQUITY AND EQUITY | $1.2B | $1.2B | $1.3B | $1.2B |
| Line item | Dec 31, 2025 · FY | Dec 31, 2024 · FY | Dec 31, 2023 · FY | Dec 31, 2022 · FY |
|---|---|---|---|---|
| Net income | $19.3M | $24.0M | $4.9M | $9.3M |
| Depreciation and amortization | $58.2M | $55.8M | $57.9M | $61.7M |
| Impairment charge | $9.0K | $6.8M | $19.3M | $12.1M |
| Gain on debt extinguishment, net | $0 | ($300.0K) | ($2.8M) | — |
| Gain on sale of real estate, net | ($367.0K) | ($14.2M) | ($7.7M) | ($10.1M) |
| Amortization of deferred financing costs | $2.4M | $1.6M | $1.6M | $3.5M |
| Amortization of deferred rent asset and liability, net | ($6.0M) | ($6.8M) | ($7.5M) | ($4.2M) |
| Decrease (increase) in sales-type lease receivable | $153.0K | — | — | — |
| Receipt of sales-type lease receivable | $18.5M | — | — | — |
| Amortization of discount and premium on assumed debt, net | $27.0K | $34.0K | $41.0K | $47.0K |
| Asset retirement obligation expense | $138.0K | $133.0K | $126.0K | $99.0K |
| Amortization of right-of-use asset from operating leases and operating lease liabilities, net | $7.0K | $7.0K | $27.0K | $29.0K |
| Amortization of right-of-use asset finance lease liabilities, net | $26.0K | — | — | — |
| Bad debt expense | $0 | $64.0K | — | $0 |
| Increase (decrease) in other assets | ($448.0K) | $1.3M | $1.5M | ($619.0K) |
| Increase in deferred rent receivable | ($3.0M) | ($5.5M) | ($3.2M) | ($1.3M) |
| Increase (decrease) in accounts payable and accrued expenses | $796.0K | ($41.0K) | ($11.0K) | $1.6M |
| Increase (decrease) in amount due to Adviser and Administrator | $683.0K | ($16.0K) | ($800.0K) | ($75.0K) |
| Increase (decrease) in other liabilities | $506.0K | ($983.0K) | ($722.0K) | ($942.0K) |
| Leasing commissions paid | ($2.8M) | ($4.8M) | ($2.3M) | ($1.9M) |
| Net cash provided by operating activities | $88.2M | $57.0M | $60.4M | $69.2M |
| Acquisition of real estate and related intangible assets | ($207.9M) | ($27.4M) | ($30.0M) | ($113.0M) |
| Improvements of existing real estate | ($21.0M) | ($12.8M) | ($6.7M) | ($6.8M) |
| Proceeds from sale of real estate | $7.6M | $37.6M | $37.0M | $39.5M |
| Receipts from lenders for funds held in escrow | $754.0K | $3.0M | $5.0M | $5.9M |
| Payments to lenders for funds held in escrow | ($723.0K) | ($848.0K) | ($3.7M) | ($7.5M) |
| Receipts from tenants for reserves | $3.1M | $952.0K | $1.0M | $1.8M |
| Payments to tenants from reserves | ($3.3M) | ($2.3M) | ($1.5M) | ($2.5M) |
| Net cash (used in) provided by investing activities | ($221.4M) | ($1.7M) | $1.1M | ($82.5M) |
| Proceeds from issuance of equity | $62.2M | $55.4M | $10.2M | $49.7M |
| Offering costs paid | ($876.0K) | ($821.0K) | ($538.0K) | ($1.1M) |
| Redemption of preferred stock | ($4.5M) | ($1.7M) | ($500.0K) | ($360.0K) |
| Retirement of senior common stock | $0 | $0 | ($52.0K) | — |
| Repurchase of common stock | $0 | $0 | ($998.0K) | — |
| Borrowings under mortgage notes payable | $0 | $15.2M | $9.0M | $62.9M |
| Payments for deferred financing costs | ($5.8M) | ($1.4M) | ($400.0K) | ($5.4M) |
| Principal repayments on mortgage notes payable | ($19.9M) | ($41.6M) | ($70.1M) | ($153.7M) |
| Borrowings on term loan | $103.3M | $0 | $0 | $150.0M |
| Repayments on term loan | ($53.3M) | ($20.0M) | $0 | ($5.0M) |
| Borrowings on unsecured term loan | $20.0M | — | — | — |
| Repayments on unsecured term loan | ($20.0M) | — | — | — |
| Borrowings under senior unsecured notes | $85.0M | $75.0M | — | — |
| Borrowings from revolving credit facility | $265.6M | $83.4M | $123.6M | $111.8M |
| Repayments on revolving credit facility | ($230.1M) | ($157.3M) | ($71.1M) | ($122.0M) |
| Increase in security deposits | $1.4M | $158.0K | $104.0K | $485.0K |
| Line item | Jun 30, 2026 · YTD | Mar 31, 2026 · Q1 | Sep 30, 2025 · YTD | Jun 30, 2025 · YTD |
|---|---|---|---|---|
| Net income | $15.2M | $7.0M | $13.9M | $9.8M |
| Depreciation and amortization | $29.8M | $14.8M | $42.8M | $27.5M |
| Impairment charge | $0 | — | $9.0K | $9.0K |
| Gain on sale of real estate, net | ($3.7M) | ($1.8M) | ($367.0K) | ($377.0K) |
| Amortization of deferred financing costs | $1.3M | $702.0K | $1.4M | $913.0K |
| Amortization of deferred rent asset and liability, net | ($2.5M) | ($1.4M) | ($4.6M) | ($3.0M) |
| Straight-line rent adjustment | ($1.6M) | ($947.0K) | ($2.0M) | ($1.2M) |
| Receipt of sales-type lease receivable | $0 | $0 | $18.6M | $18.6M |
| Amortization of discount and premium on assumed debt, net | $2.0K | $10.0K | $21.0K | $15.0K |
| Asset retirement obligation expense | $74.0K | $37.0K | $103.0K | $68.0K |
| Amortization of right-of-use asset from operating leases and operating lease liabilities, net | $4.0K | $2.0K | $5.0K | $3.0K |
| Amortization of right-of-use asset finance lease liabilities, net | $13.0K | $9.0K | $17.0K | $9.0K |
| Decrease in other assets | ($1.7M) | ($287.0K) | ($530.0K) | ($1.4M) |
| Increase in accounts payable and accrued expenses | $554.0K | $2.3M | $2.5M | $4.1M |
| Increase in amount due to Adviser and Administrator | $255.0K | ($367.0K) | ($72.0K) | $471.0K |
| Decrease in other liabilities | ($1.0M) | ($1.1M) | $1.8M | ($1.8M) |
| Leasing commissions | ($1.3M) | ($1.0M) | ($1.2M) | ($250.0K) |
| Net cash provided by operating activities | $35.5M | $17.9M | $72.4M | $53.5M |
| Acquisition of real estate and related intangible assets | ($23.0M) | $0 | ($207.9M) | ($153.1M) |
| Improvements of existing real estate | ($2.1M) | ($571.0K) | ($17.4M) | ($7.2M) |
| Proceeds from sale of real estate | $14.6M | $2.0M | $7.6M | $4.8M |
| Receipts from tenants for reserves | $422.0K | $307.0K | $2.5M | $934.0K |
| Payments to tenants from reserves | ($808.0K) | ($370.0K) | ($2.7M) | ($998.0K) |
| Deposits on future acquisitions | ($100.0K) | $0 | ($1.4M) | ($1.4M) |
| Deposits applied against acquisition of real estate investments | $0 | — | $1.4M | $1.4M |
| Net cash used in investing activities | ($11.0M) | $1.3M | ($218.3M) | ($155.8M) |
| Proceeds from issuance of equity | $0 | $0 | $62.2M | $39.0M |
| Offering costs paid | $0 | ($4.0K) | ($870.0K) | ($551.0K) |
| Redemption of Series F preferred stock | ($921.0K) | ($390.0K) | ($4.0M) | ($2.4M) |
| Payments for deferred financing costs | ($108.0K) | ($108.0K) | ($818.0K) | ($199.0K) |
| Receipts from lenders for funds held in escrow | $3.4M | $3.4M | $0 | $0 |
| Payments to lenders for funds held in escrow | ($377.0K) | ($196.0K) | ($542.0K) | ($361.0K) |
| Principal repayments on mortgage notes payable | ($6.4M) | ($4.4M) | ($14.4M) | ($12.0M) |
| Borrowings from revolving credit facility | $62.6M | $18.9M | $243.8M | $166.2M |
| Repayments on revolving credit facility | ($48.4M) | ($22.0M) | ($100.3M) | ($73.7M) |
| Borrowings on unsecured term loan | $0 | — | $20.0M | $20.0M |
| Increase in security deposits | $40.0K | $0 | $490.0K | $247.0K |
| Distributions paid to common, senior common, preferred stock and Non-controlling OP Unitholders | ($35.2M) | ($17.6M) | ($50.6M) | ($33.4M) |
| Net cash (used in) provided by financing activities | ($25.3M) | ($22.3M) | $155.4M | $103.1M |
| Net (decrease) increase in cash, cash equivalents, and restricted cash | ($793.0K) | ($3.1M) | $9.6M | $826.0K |
| Cash, cash equivalents, and restricted cash at beginning of period | $16.6M | $16.6M | $15.1M | $15.1M |
| Cash, cash equivalents, and restricted cash at end of period | $15.8M | $13.5M | $24.6M | $15.9M |
| Tenant funded fixed asset improvements included in deferred rent liability, net | $2.3M | $620.0K | — | — |
| Unrealized gain (loss) related to interest rate hedging instruments, net | $6.5M | $2.7M | ($7.0M) | ($6.4M) |
| Right-of-use asset from finance leases | $0 | $0 | $2.9M | $2.9M |
Gladstone Commercial Corp score and earnings-call analysis · All covered companies
Figures as reported in SEC filings. General information, not investment advice.