<SEC-DOCUMENT>0001495240-20-000012.txt : 20200805
<SEC-HEADER>0001495240-20-000012.hdr.sgml : 20200805
<ACCEPTANCE-DATETIME>20200805161113
ACCESSION NUMBER:		0001495240-20-000012
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		15
CONFORMED PERIOD OF REPORT:	20200805
ITEM INFORMATION:		Results of Operations and Financial Condition
FILED AS OF DATE:		20200805
DATE AS OF CHANGE:		20200805

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			GLADSTONE LAND Corp
		CENTRAL INDEX KEY:			0001495240
		STANDARD INDUSTRIAL CLASSIFICATION:	REAL ESTATE INVESTMENT TRUSTS [6798]
		IRS NUMBER:				541892552
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-35795
		FILM NUMBER:		201077382

	BUSINESS ADDRESS:	
		STREET 1:		1521 WESTBRANCH DRIVE
		STREET 2:		SUITE 100
		CITY:			MCLEAN
		STATE:			VA
		ZIP:			22102
		BUSINESS PHONE:		703-287-5800

	MAIL ADDRESS:	
		STREET 1:		1521 WESTBRANCH DRIVE
		STREET 2:		SUITE 100
		CITY:			MCLEAN
		STATE:			VA
		ZIP:			22102

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Gladstone Land Corp
		DATE OF NAME CHANGE:	20100624
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>land063020208kcoverpage.htm
<DESCRIPTION>8-K
<TEXT>
<XBRL>
<?xml version="1.0" encoding="UTF-8"?>
<!--XBRL Document Created with Wdesk from Workiva-->
<!--p:e8d3655e7aa6431da389404e90433f97,x:011480b9a7304f5d8d6913ae6f2e5108-->
<!-- Document created using Wdesk  -->
<!-- Copyright 2020 Workiva -->
<html xmlns="http://www.w3.org/1999/xhtml" xmlns:sheci="http://fasb.org/stm/sheci/2020-01-31" xmlns:sic-ent-all="http://xbrl.sec.gov/sic-ent-all/2020-01-31" xmlns:country-ent-all="http://xbrl.sec.gov/country-ent-all/2020-01-31" xmlns:othliab="http://fasb.org/dis/othliab/2020-01-31" xmlns:scf-indira="http://fasb.org/stm/scf-indira/2020-01-31" xmlns:scf-sd="http://fasb.org/stm/scf-sd/2020-01-31" xmlns:equity="http://fasb.org/dis/equity/2020-01-31" xmlns:us-roles="http://fasb.org/us-roles/2020-01-31" xmlns:ides="http://fasb.org/dis/ides/2020-01-31" xmlns:fs-bt="http://fasb.org/dis/fs-bt/2020-01-31" xmlns:crcpb="http://fasb.org/dis/crcpb/2020-01-31" xmlns:sfp-ucreo="http://fasb.org/stm/sfp-ucreo/2020-01-31" xmlns:country-std="http://xbrl.sec.gov/country-std/2020-01-31" xmlns:ei="http://fasb.org/dis/ei/2020-01-31" xmlns:ocpfs="http://fasb.org/dis/ocpfs/2020-01-31" xmlns:stpr-std="http://xbrl.sec.gov/stpr-std-std-std/2018-01-31" xmlns:cecl="http://fasb.org/dis/cecl/2020-01-31" xmlns:bsoff="http://fasb.org/dis/bsoff/2020-01-31" xmlns:srt-all="http://fasb.org/srt-all/2020-01-31" xmlns:stpr-all="http://xbrl.sec.gov/stpr-all-all-all/2018-01-31" xmlns:otherexp="http://fasb.org/dis/otherexp/2020-01-31" xmlns:scf-dbo="http://fasb.org/stm/scf-dbo/2020-01-31" xmlns:reorg="http://fasb.org/dis/reorg/2020-01-31" xmlns:dccpoa="http://fasb.org/dis/dccpoa/2020-01-31" xmlns:se="http://fasb.org/dis/se/2020-01-31" xmlns:sic-all="http://xbrl.sec.gov/sic-all/2020-01-31" xmlns:hco="http://fasb.org/dis/hco/2020-01-31" xmlns:soi="http://fasb.org/stm/soi/2020-01-31" xmlns:sec-mort="http://fasb.org/dis/sec-mort/2020-01-31" xmlns:schedoi-iiaa="http://fasb.org/dis/schedoi-iiaa/2020-01-31" xmlns:naics="http://xbrl.sec.gov/naics/2017-01-31" xmlns:debt="http://fasb.org/dis/debt/2020-01-31" xmlns:spc="http://fasb.org/stm/spc/2020-01-31" xmlns:ts="http://fasb.org/dis/ts/2020-01-31" xmlns:naics-ent-std="http://xbrl.sec.gov/naics-ent-std/2017-01-31" xmlns:rd="http://fasb.org/dis/rd/2020-01-31" xmlns:sr="http://fasb.org/dis/sr/2020-01-31" xmlns:land="http://www.gladstoneland.com/20200630" xmlns:stpr-ent-all="http://xbrl.sec.gov/stpr-ent-all-all-all/2018-01-31" xmlns:stpr-ent-std="http://xbrl.sec.gov/stpr-ent-std-std-std/2018-01-31" xmlns:edco="http://fasb.org/dis/edco/2020-01-31" xmlns:guar="http://fasb.org/dis/guar/2020-01-31" xmlns:te="http://fasb.org/dis/te/2020-01-31" xmlns:fs-ins="http://fasb.org/dis/fs-ins/2020-01-31" xmlns:dei-ent-all="http://xbrl.sec.gov/dei-ent-all/2019-01-31" xmlns:deprecated="http://www.xbrl.org/2009/arcrole/deprecated" xmlns:naics-all="http://xbrl.sec.gov/naics-all/2017-01-31" xmlns:ni="http://fasb.org/dis/ni/2020-01-31" xmlns:dr="http://fasb.org/dis/dr/2020-01-31" xmlns:schedoi-otsh="http://fasb.org/dis/schedoi-otsh/2020-01-31" xmlns:exch-ent-all="http://xbrl.sec.gov/exch-ent-all/2020-01-31" xmlns:naics-std="http://xbrl.sec.gov/naics-std/2017-01-31" xmlns:us-arcroles="http://fasb.org/us-arcroles/2020-01-31" xmlns:soi-indira="http://fasb.org/stm/soi-indira/2020-01-31" xmlns:deprecated1="http://www.xbrl.org/2009/role/deprecated" xmlns:fs-mort="http://fasb.org/dis/fs-mort/2020-01-31" xmlns:sic="http://xbrl.sec.gov/sic/2020-01-31" xmlns:soi-ins="http://fasb.org/stm/soi-ins/2020-01-31" xmlns:iago="http://fasb.org/dis/iago/2020-01-31" xmlns:sfp-dbo="http://fasb.org/stm/sfp-dbo/2020-01-31" xmlns:con="http://fasb.org/dis/con/2020-01-31" xmlns:leas="http://fasb.org/dis/leas/2020-01-31" xmlns:com="http://fasb.org/stm/com/2020-01-31" xmlns:srt-roles="http://fasb.org/srt-roles/2020-01-31" xmlns:inv="http://fasb.org/dis/inv/2020-01-31" xmlns:ix="http://www.xbrl.org/2013/inlineXBRL" xmlns:fs-interest="http://fasb.org/dis/fs-interest/2020-01-31" xmlns:exch-all="http://xbrl.sec.gov/exch-all/2020-01-31" xmlns:sic-ent-std="http://xbrl.sec.gov/sic-ent-std/2020-01-31" xmlns:oi="http://fasb.org/dis/oi/2020-01-31" xmlns:fs-fhlb="http://fasb.org/dis/fs-fhlb/2020-01-31" xmlns:ctbl="http://fasb.org/dis/ctbl/2020-01-31" xmlns:currency="http://xbrl.sec.gov/currency/2020-01-31" xmlns:country-all="http://xbrl.sec.gov/country-all/2020-01-31" xmlns:dei-all="http://xbrl.sec.gov/dei-all/2019-01-31" xmlns:cn-part="http://fasb.org/cn-part/2020-01-31" xmlns:srt="http://fasb.org/srt/2020-01-31" xmlns:schedoi-fednote="http://fasb.org/dis/schedoi-fednote/2020-01-31" xmlns:srt-std="http://fasb.org/srt-std/2020-01-31" xmlns:crcgen="http://fasb.org/dis/crcgen/2020-01-31" xmlns:re="http://fasb.org/dis/re/2020-01-31" xmlns:ir="http://fasb.org/dis/ir/2020-01-31" xmlns:inctax="http://fasb.org/dis/inctax/2020-01-31" xmlns:soc="http://fasb.org/stm/soc/2020-01-31" xmlns:sec-cndfir="http://fasb.org/dis/sec-cndfir/2020-01-31" xmlns:us-gaap-all="http://fasb.org/us-gaap-all/2020-01-31" xmlns:sic-std="http://xbrl.sec.gov/sic-std/2020-01-31" xmlns:exch-std="http://xbrl.sec.gov/exch-std/2020-01-31" xmlns:num="http://www.xbrl.org/dtr/type/numeric" xmlns:sec-sum="http://fasb.org/dis/sec-sum/2020-01-31" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:scf-sbo="http://fasb.org/stm/scf-sbo/2020-01-31" xmlns:regop="http://fasb.org/dis/regop/2020-01-31" xmlns:schedoi-shorthold="http://fasb.org/dis/schedoi-shorthold/2020-01-31" xmlns:ero="http://fasb.org/dis/ero/2020-01-31" xmlns:us-gaap-std="http://fasb.org/us-gaap-std/2020-01-31" xmlns:dei="http://xbrl.sec.gov/dei/2019-01-31" xmlns:currency-ent-std="http://xbrl.sec.gov/currency-ent-std/2020-01-31" xmlns:schedoi-hold="http://fasb.org/dis/schedoi-hold/2020-01-31" xmlns:scf-re="http://fasb.org/stm/scf-re/2020-01-31" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:exch="http://xbrl.sec.gov/exch/2020-01-31" xmlns:invco="http://fasb.org/dis/invco/2020-01-31" xmlns:sec-vq="http://fasb.org/dis/sec-vq/2020-01-31" xmlns:soi-int="http://fasb.org/stm/soi-int/2020-01-31" xmlns:dei-ent-std="http://xbrl.sec.gov/dei-ent-std/2019-01-31" xmlns:emjv="http://fasb.org/dis/emjv/2020-01-31" xmlns:rpd="http://fasb.org/dis/rpd/2020-01-31" xmlns:sfp-clreo="http://fasb.org/stm/sfp-clreo/2020-01-31" xmlns:soi-sbi="http://fasb.org/stm/soi-sbi/2020-01-31" xmlns:aro="http://fasb.org/dis/aro/2020-01-31" xmlns:sec-suppc="http://fasb.org/dis/sec-suppc/2020-01-31" xmlns:rlnro="http://fasb.org/dis/rlnro/2020-01-31" xmlns:pay="http://fasb.org/dis/pay/2020-01-31" xmlns:soi-re="http://fasb.org/stm/soi-re/2020-01-31" xmlns:xbrli="http://www.xbrl.org/2003/instance" xmlns:nonnum="http://www.xbrl.org/dtr/type/non-numeric" xmlns:reference="http://www.xbrl.org/2009/role/reference" xmlns:soi-egm="http://fasb.org/stm/soi-egm/2020-01-31" xmlns:sec-reins="http://fasb.org/dis/sec-reins/2020-01-31" xmlns:soi-reit="http://fasb.org/stm/soi-reit/2020-01-31" xmlns:schedoi-sumhold="http://fasb.org/dis/schedoi-sumhold/2020-01-31" xmlns:eps="http://fasb.org/dis/eps/2020-01-31" xmlns:fifvd="http://fasb.org/dis/fifvd/2020-01-31" xmlns:sec-supins="http://fasb.org/dis/sec-supins/2020-01-31" xmlns:net="http://www.xbrl.org/2009/role/net" xmlns:us-types="http://fasb.org/us-types/2020-01-31" xmlns:srt-types="http://fasb.org/srt-types/2020-01-31" xmlns:naics-ent-all="http://xbrl.sec.gov/naics-ent-all/2017-01-31" xmlns:ref="http://www.xbrl.org/2006/ref" xmlns:crcrb="http://fasb.org/dis/crcrb/2020-01-31" xmlns:dei-std="http://xbrl.sec.gov/dei-std/2019-01-31" xmlns:bc="http://fasb.org/dis/bc/2020-01-31" xmlns:currency-std="http://xbrl.sec.gov/currency-std/2020-01-31" xmlns:lea="http://fasb.org/dis/lea/2020-01-31" xmlns:disops="http://fasb.org/dis/disops/2020-01-31" xmlns:scf-inv="http://fasb.org/stm/scf-inv/2020-01-31" xmlns:us-gaap-entryPoint-all="http://fasb.org/us-gaap-entryPoint-all/2020-01-31" xmlns:crcsbp="http://fasb.org/dis/crcsbp/2020-01-31" xmlns:nt="http://fasb.org/dis/nt/2020-01-31" xmlns:fs-insa="http://fasb.org/dis/fs-insa/2020-01-31" xmlns:schedoi-oocw="http://fasb.org/dis/schedoi-oocw/2020-01-31" xmlns:cce="http://fasb.org/dis/cce/2020-01-31" xmlns:us-gaap-ent-std="http://fasb.org/us-gaap-ent-std/2020-01-31" xmlns:ceclcalc3l="http://fasb.org/dis/ceclcalc3l/2020-01-31" xmlns:sfp-cls="http://fasb.org/stm/sfp-cls/2020-01-31" xmlns:acec="http://fasb.org/dis/acec/2020-01-31" xmlns:sfp-ibo="http://fasb.org/stm/sfp-ibo/2020-01-31" xmlns:sfp-sbo="http://fasb.org/stm/sfp-sbo/2020-01-31" xmlns:scf-indir="http://fasb.org/stm/scf-indir/2020-01-31" xmlns:ixt-sec="http://www.sec.gov/inlineXBRL/transformation/2015-08-31" xmlns:ceclcalc2="http://fasb.org/dis/ceclcalc2/2020-01-31" xmlns:ixt="http://www.xbrl.org/inlineXBRL/transformation/2015-02-26" xmlns:country-ent-std="http://xbrl.sec.gov/country-ent-std/2020-01-31" xmlns:scf-dir="http://fasb.org/stm/scf-dir/2020-01-31" xmlns:stpr="http://xbrl.sec.gov/stpr/2018-01-31" xmlns:cc="http://fasb.org/dis/cc/2020-01-31" xmlns:rcc="http://fasb.org/dis/rcc/2020-01-31" xmlns:exch-ent-std="http://xbrl.sec.gov/exch-ent-std/2020-01-31" xmlns:ru="http://fasb.org/dis/ru/2020-01-31" xmlns:currency-all="http://xbrl.sec.gov/currency-all/2020-01-31" xmlns:foct="http://fasb.org/dis/foct/2020-01-31" xmlns:sec-re="http://fasb.org/dis/sec-re/2020-01-31" xmlns:xbrldi="http://xbrl.org/2006/xbrldi" xmlns:country="http://xbrl.sec.gov/country/2020-01-31" xmlns:currency-ent-all="http://xbrl.sec.gov/currency-ent-all/2020-01-31" xmlns:fs-bd="http://fasb.org/dis/fs-bd/2020-01-31" xmlns:diha="http://fasb.org/dis/diha/2020-01-31" xmlns:xl="http://www.xbrl.org/2003/XLink" xmlns:us-gaap="http://fasb.org/us-gaap/2020-01-31" xmlns:ap="http://fasb.org/dis/ap/2020-01-31" xmlns:ppe="http://fasb.org/dis/ppe/2020-01-31" xmlns:negated="http://www.xbrl.org/2009/role/negated" xmlns:eui="http://fasb.org/dis/eui/2020-01-31" xmlns:iaoi="http://fasb.org/dis/iaoi/2020-01-31" xmlns:xbrldt="http://xbrl.org/2005/xbrldt">
	<head>
		<meta http-equiv="Content-Type" content="text/html" />
		<title>Document</title>
	</head>
	<body><div style="font-family:Times New Roman;font-size:10pt;">
<div style="display:none"><ix:header><ix:hidden><ix:nonNumeric contextRef="D2020Q3Aug5" name="dei:AmendmentFlag" id="Fact-F764F5353F046B99E43AB5023A47F7D8-wk-Fact-F764F5353F046B99E43AB5023A47F7D8" format="ixt:booleanfalse">false</ix:nonNumeric><ix:nonNumeric contextRef="D2020Q3Aug5" name="dei:EntityCentralIndexKey" id="Fact-547464BE27C666BA91AEB502092F52A3-wk-Fact-547464BE27C666BA91AEB502092F52A3">0001495240</ix:nonNumeric></ix:hidden><ix:references><link:schemaRef xlink:href="land-20200630.xsd" xlink:type="simple"></link:schemaRef></ix:references><ix:resources><xbrli:context id="D2020Q3Aug5">
		<xbrli:entity>
			<xbrli:identifier scheme="http://www.sec.gov/CIK">0001495240</xbrli:identifier>
		</xbrli:entity>
		<xbrli:period>
			<xbrli:startDate>2020-08-05</xbrli:startDate>
			<xbrli:endDate>2020-08-05</xbrli:endDate>
		</xbrli:period>
	</xbrli:context><xbrli:context id="D2020Q3Aug5_us-gaap_StatementClassOfStockAxis_us-gaap_CommonStockMember">
		<xbrli:entity>
			<xbrli:identifier scheme="http://www.sec.gov/CIK">0001495240</xbrli:identifier>
			<xbrli:segment>
				<xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis">us-gaap:CommonStockMember</xbrldi:explicitMember>
			</xbrli:segment>
		</xbrli:entity>
		<xbrli:period>
			<xbrli:startDate>2020-08-05</xbrli:startDate>
			<xbrli:endDate>2020-08-05</xbrli:endDate>
		</xbrli:period>
	</xbrli:context><xbrli:context id="D2020Q3Aug5_us-gaap_StatementClassOfStockAxis_us-gaap_SeriesAPreferredStockMember">
		<xbrli:entity>
			<xbrli:identifier scheme="http://www.sec.gov/CIK">0001495240</xbrli:identifier>
			<xbrli:segment>
				<xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis">us-gaap:SeriesAPreferredStockMember</xbrldi:explicitMember>
			</xbrli:segment>
		</xbrli:entity>
		<xbrli:period>
			<xbrli:startDate>2020-08-05</xbrli:startDate>
			<xbrli:endDate>2020-08-05</xbrli:endDate>
		</xbrli:period>
	</xbrli:context></ix:resources></ix:header></div><div><a id="s7AAE683FEB7F5EEF9563C3F3CDF6DC2C"></a></div><div><div style="line-height:120%;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></div><div><br/></div><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-align:center;-sec-extract:summary;font-size:14pt;"><span style="font-family:inherit;font-size:14pt;font-weight:bold;">UNITED STATES</span></div><div style="line-height:120%;padding-top:16px;text-align:center;font-size:14pt;"><span style="font-family:inherit;font-size:14pt;font-weight:bold;">SECURITIES AND EXCHANGE COMMISSION</span></div><div style="line-height:120%;padding-top:16px;text-align:center;font-size:14pt;"><span style="font-family:inherit;font-size:14pt;font-weight:bold;">Washington, D.C. 20549</span></div><div style="line-height:120%;padding-top:4px;text-align:center;font-size:14pt;"><span style="font-family:inherit;font-size:14pt;font-weight:bold;">____________________</span></div><div style="line-height:120%;padding-top:16px;text-align:center;font-size:14pt;"><span style="font-family:inherit;font-size:14pt;font-weight:bold;">Form </span><span><ix:nonNumeric id="d11127075e67-wk-Fact-DB19E966C0594EB1E136B4F9F65D3E01" name="dei:DocumentType" contextRef="D2020Q3Aug5"><span style="font-size:14pt;font-weight:bold;">8-K</span></ix:nonNumeric></span><span style="font-family:inherit;font-size:14pt;font-weight:bold;"> </span></div><div style="line-height:120%;text-align:center;font-size:14pt;"><span style="font-family:inherit;font-size:14pt;font-weight:bold;">____________________</span></div><div style="line-height:120%;padding-top:16px;text-align:center;font-size:12pt;"><span style="font-family:inherit;font-size:12pt;font-weight:bold;">CURRENT REPORT</span></div><div style="line-height:120%;padding-bottom:10px;padding-top:28px;text-align:center;font-size:12pt;"><span style="font-family:inherit;font-size:12pt;font-weight:bold;">Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934</span></div><div style="line-height:120%;padding-top:28px;text-align:center;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Date of Report (Date of earliest event Reported):  </span><span style="font-family:inherit;font-size:10pt;"><span><span style="white-space:nowrap"><ix:nonNumeric id="d11127075e84-wk-Fact-7D5FB0A8820F330D1B0AB4FA904BF536" name="dei:DocumentPeriodEndDate" contextRef="D2020Q3Aug5" format="ixt:datemonthdayyearen">August 5, 2020</ix:nonNumeric></span></span></span><span style="font-family:inherit;font-size:10pt;"> &#160;</span></div><div style="line-height:120%;padding-top:16px;text-align:center;font-size:14pt;"><span><ix:nonNumeric id="d11127075e89-wk-Fact-3B45DA6B13FCC2B0652EBE426477B942" name="dei:EntityRegistrantName" contextRef="D2020Q3Aug5"><span style="font-size:14pt;font-weight:bold;text-decoration:underline;">GLADSTONE LAND CORP</span></ix:nonNumeric></span><span style="font-family:inherit;font-size:14pt;font-weight:bold;text-decoration:underline;">ORATION</span></div><div style="line-height:120%;text-align:center;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">(Exact Name of Registrant as Specified in Charter)</span></div><div style="line-height:120%;padding-top:28px;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="3"></td></tr><tr><td style="width:37%;"></td><td style="width:30%;"></td><td style="width:33%;"></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;"><span><ix:nonNumeric id="d11127075e112-wk-Fact-CA4F2DE4BA4EF4F5F44EB4FB4FDA0D4D" name="dei:EntityIncorporationStateCountryCode" contextRef="D2020Q3Aug5" format="ixt-sec:stateprovnameen">Maryland</ix:nonNumeric></span></span></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;"><span><ix:nonNumeric id="d11127075e117-wk-Fact-4251CA72D5DCC4409918B4FB643A3017" name="dei:EntityFileNumber" contextRef="D2020Q3Aug5">001-35795</ix:nonNumeric></span></span></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;"><span><ix:nonNumeric id="d11127075e122-wk-Fact-17B988BED21CFBD96965B4FBACB2EBF8" name="dei:EntityTaxIdentificationNumber" contextRef="D2020Q3Aug5">54-1892552</ix:nonNumeric></span></span></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">(State or Other Jurisdiction of Incorporation)</span></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">(Commission File Number)</span></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">(I.R.S. Employer Identification Number)</span></div></td></tr></table></div></div><div style="line-height:120%;text-align:center;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;text-align:center;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;text-align:center;font-size:10pt;"><span><ix:nonNumeric id="d11127075e145-wk-Fact-B573579349B7CC44EF10B4FBDD2B2662" name="dei:EntityAddressAddressLine1" contextRef="D2020Q3Aug5"><span style="font-weight:bold;">1521 Westbranch Drive</span></ix:nonNumeric></span><span style="font-family:inherit;font-size:10pt;font-weight:bold;">, </span><span><ix:nonNumeric id="d11127075e150-wk-Fact-508A4FA8F46EB952F7A7B4FBEE6D2951" name="dei:EntityAddressAddressLine2" contextRef="D2020Q3Aug5"><span style="font-weight:bold;">Suite 100</span></ix:nonNumeric></span><span style="font-family:inherit;font-size:10pt;font-weight:bold;">, </span><span><ix:nonNumeric id="d11127075e155-wk-Fact-BF4EE22DE7F18B1B2299B4FC00C60CA1" name="dei:EntityAddressCityOrTown" contextRef="D2020Q3Aug5"><span style="font-weight:bold;">McLean</span></ix:nonNumeric></span><span style="font-family:inherit;font-size:10pt;font-weight:bold;">, </span><span><ix:nonNumeric id="d11127075e160-wk-Fact-1DCFA422FCF5B893BFAEB4FC110D6E00" name="dei:EntityAddressStateOrProvince" contextRef="D2020Q3Aug5" format="ixt-sec:stateprovnameen"><span style="font-weight:bold;">Virginia</span></ix:nonNumeric></span><span style="font-family:inherit;font-size:10pt;font-weight:bold;">  </span><span><ix:nonNumeric id="d11127075e165-wk-Fact-D410FB4188013BF35870B4FC2B01626C" name="dei:EntityAddressPostalZipCode" contextRef="D2020Q3Aug5"><span style="font-weight:bold;">22102</span></ix:nonNumeric></span><span style="font-family:inherit;font-size:10pt;font-weight:bold;"> </span></div><div style="line-height:120%;text-align:center;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">(Address of Principal Executive Offices)  (Zip Code)</span></div><div style="line-height:120%;padding-top:28px;text-align:center;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;">(</span><span><ix:nonNumeric id="d11127075e176-wk-Fact-50899E7B779033289A31B4FC712B6F8D" name="dei:CityAreaCode" contextRef="D2020Q3Aug5"><span style="font-weight:bold;">703</span></ix:nonNumeric></span><span style="font-family:inherit;font-size:10pt;font-weight:bold;">) </span><span><ix:nonNumeric id="d11127075e181-wk-Fact-6C8B424874DA717D53B0B4FC9511A292" name="dei:LocalPhoneNumber" contextRef="D2020Q3Aug5"><span style="font-weight:bold;">287-5800</span></ix:nonNumeric></span><span style="font-family:inherit;font-size:10pt;font-weight:bold;"> </span></div><div style="line-height:120%;text-align:center;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">(Registrant's telephone number, including area code)</span></div><div style="line-height:120%;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;padding-top:28px;text-align:center;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">(Former name or former address, if changed since last report)</span></div><div style="line-height:120%;padding-top:28px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:666px;border-collapse:collapse;text-align:left;"><tr><td colspan="2"></td></tr><tr><td style="width:50px;"></td><td style="width:614px;"></td></tr><tr><td colspan="2" style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:</span></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><span style="font-family:Arial Unicode MS;font-size:10pt;"><span><ix:nonNumeric id="d11127075e219-wk-Fact-C0F1318CC44D54DB76F3B500B734F003" name="dei:WrittenCommunications" contextRef="D2020Q3Aug5" format="ixt-sec:boolballotbox">&#9744;</ix:nonNumeric></span></span></div></td><td style="vertical-align:top;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><span style="font-family:Arial Unicode MS;font-size:10pt;"><span><ix:nonNumeric id="d11127075e230-wk-Fact-C9B1D8E17E9A35D523E6B500CCA47EC8" name="dei:SolicitingMaterial" contextRef="D2020Q3Aug5" format="ixt-sec:boolballotbox">&#9744;</ix:nonNumeric></span></span></div></td><td style="vertical-align:top;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><span style="font-family:Arial Unicode MS;font-size:10pt;"><span><ix:nonNumeric id="d11127075e241-wk-Fact-3C14D411BF271576A122B500DD473296" name="dei:PreCommencementTenderOffer" contextRef="D2020Q3Aug5" format="ixt-sec:boolballotbox">&#9744;</ix:nonNumeric></span></span></div></td><td style="vertical-align:top;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><span style="font-family:Arial Unicode MS;font-size:10pt;"><span><ix:nonNumeric id="d11127075e252-wk-Fact-6825CFBED74B5247D431B500F0599871" name="dei:PreCommencementIssuerTenderOffer" contextRef="D2020Q3Aug5" format="ixt-sec:boolballotbox">&#9744;</ix:nonNumeric></span></span></div></td><td style="vertical-align:top;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</span></div></td></tr></table></div></div><div style="line-height:120%;padding-top:16px;text-align:center;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Securities registered pursuant to Section 12(b) of the Act:</span></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="5"></td></tr><tr><td style="width:39%;"></td><td style="width:1%;"></td><td style="width:20%;"></td><td style="width:1%;"></td><td style="width:39%;"></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Title of each class</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">&#160;</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Trading Symbol(s)</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">&#160;</span></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Name of each exchange on which registered</span></div></td></tr><tr><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><span><ix:nonNumeric id="d11127075e305-wk-Fact-0EFFEC12567C9A9EF3C2B4FD71B555FB" name="dei:Security12bTitle" contextRef="D2020Q3Aug5_us-gaap_StatementClassOfStockAxis_us-gaap_CommonStockMember">Common stock, $0.001 par value per share</ix:nonNumeric></span></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">&#160;</span></div></td><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><span><ix:nonNumeric id="d11127075e315-wk-Fact-68526C0F6644B9A2738EB4FD861AAF7E" name="dei:TradingSymbol" contextRef="D2020Q3Aug5_us-gaap_StatementClassOfStockAxis_us-gaap_CommonStockMember">LAND</ix:nonNumeric></span></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">&#160;</span></div></td><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><span><ix:nonNumeric id="d11127075e325-wk-Fact-60D336B21B15EE39D6ABB4FD9D16319C" name="dei:SecurityExchangeName" contextRef="D2020Q3Aug5_us-gaap_StatementClassOfStockAxis_us-gaap_CommonStockMember" format="ixt-sec:exchnameen">The Nasdaq Stock Market, LLC</ix:nonNumeric></span></span></div></td></tr><tr><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><span><ix:nonNumeric id="d11127075e331-wk-Fact-D79A09E4A6A215A1FCF5B4FD71EFC1B8" name="dei:Security12bTitle" contextRef="D2020Q3Aug5_us-gaap_StatementClassOfStockAxis_us-gaap_SeriesAPreferredStockMember">6.375% Series A Cumulative Term Preferred Stock, $0.001 par value per share</ix:nonNumeric></span></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">&#160;</span></div></td><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><span><ix:nonNumeric id="d11127075e341-wk-Fact-29EAC92AE1B4FC10B6AEB4FD85D73616" name="dei:TradingSymbol" contextRef="D2020Q3Aug5_us-gaap_StatementClassOfStockAxis_us-gaap_SeriesAPreferredStockMember">LANDP</ix:nonNumeric></span></span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">&#160;</span></div></td><td style="vertical-align:middle;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><span><ix:nonNumeric id="d11127075e351-wk-Fact-8CC56E5EB30F52EDE46BB4FD9D1D3C95" name="dei:SecurityExchangeName" contextRef="D2020Q3Aug5_us-gaap_StatementClassOfStockAxis_us-gaap_SeriesAPreferredStockMember" format="ixt-sec:exchnameen">The Nasdaq Stock Market, LLC</ix:nonNumeric></span></span></div></td></tr></table></div></div><div style="line-height:120%;padding-top:16px;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (&#167;230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (&#167;240.12b-2 of this chapter).</span></div><div><br/></div><div style="text-align:center;"><div style="line-height:120%;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></div><hr style="page-break-after:always"></hr><div><div style="line-height:120%;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></div><div><br/></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Emerging growth company</span><span style="font-family:Wingdings;font-size:9pt;"> </span><span><ix:nonNumeric id="d11127075e361-wk-Fact-B69A46D3F1F2488D41A7B4FEE9365A62" name="dei:EntityEmergingGrowthCompany" contextRef="D2020Q3Aug5" format="ixt-sec:boolballotbox"><span style="font-family:Arial Unicode MS;font-size:9pt;">&#9744;</span></ix:nonNumeric></span><span style="font-family:Wingdings;font-size:9pt;"> </span></div><div style="line-height:120%;padding-top:16px;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.&#8195; </span><span style="font-family:Arial Unicode MS;font-size:10pt;">&#9744;</span></div><div><br/></div><div style="text-align:center;"><div style="line-height:120%;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></div><hr style="page-break-after:always"></hr><div><div style="line-height:120%;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></div><div><br/></div><div style="line-height:120%;padding-top:28px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;">Item 2.02. Results of Operations and Financial Condition.</span></div><div style="line-height:120%;padding-top:28px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">On </span><span style="font-family:inherit;font-size:10pt;">August&#160;5, 2020</span><span style="font-family:inherit;font-size:10pt;">, Gladstone Land Corporation issued a press release announcing its financial results for the </span><span style="font-family:inherit;font-size:10pt;">three and six</span><span style="font-family:inherit;font-size:10pt;"> months ended </span><span style="font-family:inherit;font-size:10pt;">June&#160;30, 2020</span><span style="font-family:inherit;font-size:10pt;">.&#160; The text of the press release is included as an exhibit to this Form 8-K.&#160; Pursuant to the rules and regulations of the Securities and Exchange Commission, such exhibit and the information set forth therein and herein are deemed to be furnished and shall not be deemed to be filed.</span></div><div style="line-height:120%;padding-top:28px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;">Item 9.01. Financial Statements and Exhibits.</span></div><div style="line-height:120%;padding-top:16px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">(a) Not applicable.</span></div><div style="line-height:120%;padding-bottom:10px;padding-top:16px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">(b) Not applicable.</span></div><div style="line-height:120%;padding-bottom:10px;padding-top:16px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">(c) Not applicable.</span></div><div style="line-height:120%;padding-bottom:10px;padding-top:16px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">(d) Exhibits.</span></div><div style="line-height:120%;text-indent:0px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:330px;border-collapse:collapse;text-align:left;"><tr><td colspan="3"></td></tr><tr><td style="width:76px;"></td><td style="width:34px;"></td><td style="width:218px;"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;text-decoration:underline;">Exhibit No.</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">&#160;</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;text-decoration:underline;">Description</span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">&#160;</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">&#160;</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:18px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">&#160;</span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">99.1</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">&#160;</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><a style="text-decoration:underline;color:#0000FF;-sec-extract:exhibit;" href="land063020208kexh991.htm"><span style="font-family:inherit;font-size:10pt;">Press release dated August 5, 2020</span></a></div></td></tr></table></div></div><div><br/></div><div style="text-align:center;"><div style="line-height:120%;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></div><hr style="page-break-after:always"></hr><div><div style="line-height:120%;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></div><div><br/></div><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-align:center;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;">SIGNATURES</span></div><div style="line-height:120%;padding-bottom:10px;padding-top:10px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.</span></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="2"></td></tr><tr><td style="width:50%;"></td><td style="width:50%;"></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">&#160;</span></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;">Gladstone Land Corporation</span></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">&#160;</span></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">&#160;(Registrant)</span></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">&#160;</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">&#160;</span></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Date: August&#160;5, 2020</span></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;text-decoration:underline;">By:  /s/ Lewis Parrish&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;</span></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">&#160;</span></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Lewis Parrish</span></div></td></tr><tr><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">&#160;</span></div></td><td style="vertical-align:top;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Chief Financial Officer</span></div></td></tr></table></div></div><div><br/></div><div style="text-align:center;"><div style="line-height:120%;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></div><hr style="page-break-after:always"></hr><div><div style="line-height:120%;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></div><div><br/></div><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-align:center;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;">EXHIBIT INDEX</span></div><div style="line-height:120%;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:683px;border-collapse:collapse;text-align:left;"><tr><td colspan="3"></td></tr><tr><td style="width:74px;"></td><td style="width:24px;"></td><td style="width:584px;"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;text-decoration:underline;">Exhibit No.</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">&#160;</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;text-decoration:underline;">Description</span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">&#160;</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">&#160;</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">&#160;</span></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">99.1</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">&#160;</span></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:10pt;"><a style="text-decoration:underline;color:#0000FF;-sec-extract:exhibit;" href="land063020208kexh991.htm"><span style="font-family:inherit;font-size:10pt;">Press release dated August 5, 2020</span></a></div></td></tr></table></div></div><div style="line-height:120%;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div><br/></div><div style="text-align:center;"><div style="line-height:120%;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div></div>	</div></body>
</html>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>land063020208kexh991.htm
<DESCRIPTION>EXHIBIT 99.1
<TEXT>
<!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.01 Transitional//EN" "http://www.w3.org/TR/html4/loose.dtd">
<html>
	<head>
		<!-- Document created using Wdesk 1 -->
		<!-- Copyright 2020 Workiva -->
		<title>Exhibit</title>
	</head>
	<body><div style="font-family:Times New Roman;font-size:10pt;">
<div><a name="s73B0B3BD7ACB5F07A6FE9043C455FB83"></a></div><div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></div><div><br></div><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">EXHIBIT 99.1</font></div><div style="line-height:120%;padding-top:10px;text-align:center;font-size:18pt;"><font style="font-family:inherit;font-size:18pt;font-weight:bold;">Gladstone Land Announces</font></div><div style="line-height:120%;padding-bottom:10px;text-align:center;font-size:18pt;"><font style="font-family:inherit;font-size:18pt;font-weight:bold;">Second Quarter 2020 Results</font></div><div style="line-height:120%;padding-top:20px;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;font-style:italic;">Please note</font><font style="font-family:inherit;font-size:11pt;">&#32;</font><font style="font-family:inherit;font-size:11pt;font-style:italic;">that the limited information that follows in this press release is a summary and is not adequate for making an informed investment decision.</font></div><div style="line-height:120%;padding-top:12px;text-align:left;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;">McLean, VA, </font><font style="font-family:inherit;font-size:11pt;">August&#160;5, 2020</font><font style="font-family:inherit;font-size:11pt;">:  Gladstone Land Corporation (Nasdaq: LAND) (&#8220;Gladstone Land&#8221; or the &#8220;Company&#8221;) today reported financial results for the </font><font style="font-family:inherit;font-size:11pt;">second</font><font style="font-family:inherit;font-size:11pt;">&#32;quarter ended </font><font style="font-family:inherit;font-size:11pt;">June&#160;30, 2020</font><font style="font-family:inherit;font-size:11pt;">.  A description of funds from operations (&#8220;FFO&#8221;), core FFO (&#8220;CFFO&#8221;), adjusted FFO (&#8220;AFFO&#8221;), and net asset value (&#8220;NAV&#8221;), all non-GAAP (generally accepted accounting principles in the United States) financial measures, is located at the end of this press release.  All per-share references are to fully-diluted, weighted-average shares of the Company&#8217;s common stock unless noted otherwise. &#160;For further detail, please refer to the Company&#8217;s Quarterly Report on Form 10-Q for the quarter ended </font><font style="font-family:inherit;font-size:11pt;">June&#160;30, 2020</font><font style="font-family:inherit;font-size:11pt;">&#32;(the &#8220;Form 10-Q&#8221;), which is available on the Investor Relations section of the Company&#8217;s website at </font><font style="font-family:inherit;font-size:11pt;color:#2030ff;text-decoration:underline;">www.GladstoneFarms.com</font><font style="font-family:inherit;font-size:11pt;">.</font></div><div style="line-height:120%;padding-top:20px;text-align:left;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;font-weight:bold;">Second Quarter 2020 Activity:</font></div><table cellpadding="0" cellspacing="0" style="padding-top:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;"></td><td></td></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:11pt;padding-left:24px;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;font-weight:bold;">Portfolio Activity:</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:2px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:72px;"></td><td></td></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:11pt;padding-left:48px;"><font style="font-family:inherit;font-size:11pt;font-weight:bold;">&#9702;</font></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;font-weight:bold;">Property Acquisitions:</font><font style="font-family:inherit;font-size:11pt;">&#32;&#32;Acquired </font><font style="font-family:inherit;font-size:11pt;">two</font><font style="font-family:inherit;font-size:11pt;">&#32;new farms, consisting of </font><font style="font-family:inherit;font-size:11pt;">1,268</font><font style="font-family:inherit;font-size:11pt;">&#32;total acres, for approximately </font><font style="font-family:inherit;font-size:11pt;">$17.7 million</font><font style="font-family:inherit;font-size:11pt;">&#32;and paid additional compensation of approximately $3.2 million related to a farm acquired during August 2019 due to additional acreage being approved by the respective county for additional vineyard plantings.  On a weighted-average basis, the initial, minimum net capitalization rate on these acquisitions is 6.2%; however, the leases on these farms contains certain provisions (e.g., annual rent escalations) that are expected to drive cash rents higher in future years.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:2px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:72px;"></td><td></td></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:11pt;padding-left:48px;"><font style="font-family:inherit;font-size:11pt;font-weight:bold;">&#9702;</font></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;font-weight:bold;">Leasing Activity:  </font><font style="font-family:inherit;font-size:11pt;">Renewed the lease on one of our farms located in California for an additional eight years, which is expected to result in an increase in annual net operating income of approximately $161,000, or 26.6%, over that of the prior lease.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;"></td><td></td></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:11pt;padding-left:24px;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;font-weight:bold;">Financing</font><font style="font-family:inherit;font-size:11pt;">&#32;</font><font style="font-family:inherit;font-size:11pt;font-weight:bold;">Activity&#8212;New Long-term Borrowings:  </font><font style="font-family:inherit;font-size:11pt;">Secured a total of approximately </font><font style="font-family:inherit;font-size:11pt;">$16.3 million</font><font style="font-family:inherit;font-size:11pt;">&#32;of new, long-term borrowings from three different lenders at an expected weighted-average effective interest rate of 2.81%.  On a weighted-average basis, these rates are fixed for the next 9.2 years.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;"></td><td></td></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:11pt;padding-left:24px;"><font style="font-family:inherit;font-size:11pt;">&#8226;</font></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;font-weight:bold;">Equity Activity:</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:2px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:72px;"></td><td></td></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:11pt;padding-left:48px;"><font style="font-family:inherit;font-size:11pt;">&#9702;</font></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;font-weight:bold;">Series C Preferred Stock:</font><font style="font-family:inherit;font-size:11pt;">&#32;&#32;Sold </font><font style="font-family:inherit;font-size:11pt;">130,702</font><font style="font-family:inherit;font-size:11pt;">&#32;shares of our 6.00% Series C Cumulative Redeemable Preferred Stock (the &#8220;Series C Preferred Stock&#8221;) for net proceeds of approximately </font><font style="font-family:inherit;font-size:11pt;">$3.0 million</font><font style="font-family:inherit;font-size:11pt;">.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:2px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:72px;"></td><td></td></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:11pt;padding-left:48px;"><font style="font-family:inherit;font-size:11pt;">&#9702;</font></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;font-weight:bold;">Common Stock:</font><font style="font-family:inherit;font-size:11pt;">&#32;&#32;Sold </font><font style="font-family:inherit;font-size:11pt;">44,129</font><font style="font-family:inherit;font-size:11pt;">&#32;shares of common stock for net proceeds of approximately </font><font style="font-family:inherit;font-size:11pt;">$707,000</font><font style="font-family:inherit;font-size:11pt;">&#32;under our &#8220;at-the-market&#8221; program (the &#8220;ATM Program&#8221;).</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;"></td><td></td></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:11pt;padding-left:24px;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;font-weight:bold;">Increased and Paid Distributions:  </font><font style="font-family:inherit;font-size:11pt;">Increased the monthly distribution run rate on our common stock by </font><font style="font-family:inherit;font-size:11pt;">0.11%</font><font style="font-family:inherit;font-size:11pt;">&#32;and paid total cash distributions of </font><font style="font-family:inherit;font-size:11pt;">$0.1341</font><font style="font-family:inherit;font-size:11pt;">&#32;per share of common stock for April, May, and June 2020.</font></div></td></tr></table><div style="line-height:120%;padding-top:20px;text-align:left;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;font-weight:bold;">Second Quarter 2020 Results:</font></div><div style="line-height:120%;padding-top:8px;text-align:left;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;">Net income for the quarter was approximately </font><font style="font-family:inherit;font-size:11pt;">$182,000</font><font style="font-family:inherit;font-size:11pt;">, compared to approximately </font><font style="font-family:inherit;font-size:11pt;">$3.1 million</font><font style="font-family:inherit;font-size:11pt;">&#32;in the prior quarter.  Net loss to common stockholders and non-controlling OP Unitholders during the quarter was approximately </font><font style="font-family:inherit;font-size:11pt;">$2.1 million</font><font style="font-family:inherit;font-size:11pt;">, or </font><font style="font-family:inherit;font-size:11pt;">$0.10</font><font style="font-family:inherit;font-size:11pt;">&#32;per share, compared to net income to common stockholders and non-controlling OP Unitholders of approximately </font><font style="font-family:inherit;font-size:11pt;">$976,000</font><font style="font-family:inherit;font-size:11pt;">, or </font><font style="font-family:inherit;font-size:11pt;">$0.05</font><font style="font-family:inherit;font-size:11pt;">&#32;per share, in the prior quarter.</font></div><div style="line-height:120%;padding-top:8px;text-align:left;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;">AFFO for the quarter was approximately </font><font style="font-family:inherit;font-size:11pt;">$2.2 million</font><font style="font-family:inherit;font-size:11pt;">, or </font><font style="font-family:inherit;font-size:11pt;">$0.10</font><font style="font-family:inherit;font-size:11pt;">&#32;per common share, compared to approximately </font><font style="font-family:inherit;font-size:11pt;">$5.4 million</font><font style="font-family:inherit;font-size:11pt;">, or </font><font style="font-family:inherit;font-size:11pt;">$0.25</font><font style="font-family:inherit;font-size:11pt;">&#32;per common share, in the prior quarter.  Common stock dividends declared were approximately $0.13 per share for each quarter.  The decrease in AFFO was primarily due to lower lease revenues recorded in the current quarter, partially offset by a decrease in certain operating expenses.  In addition, we recorded approximately </font></div><div><br></div><div style="text-align:center;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></div><hr style="page-break-after:always"><div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></div><div><br></div><div style="line-height:120%;padding-top:8px;text-align:left;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;">$1.3 million of other income due to interest patronage received related to our borrowings with Farm Credit, which patronage income is generally recorded during the first quarter of each calendar year.</font></div><div style="line-height:120%;padding-top:8px;text-align:left;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;">Total lease revenue decreased by approximately </font><font style="font-family:inherit;font-size:11pt;">$2.6 million</font><font style="font-family:inherit;font-size:11pt;">, or </font><font style="font-family:inherit;font-size:11pt;">17.3%</font><font style="font-family:inherit;font-size:11pt;">, primarily driven by an early lease termination payment of approximately $3.0 million received from an outgoing tenant during the prior quarter, partially offset by additional revenues recorded from recent acquisitions.  Our core operating expenses decreased primarily due to lower related-party fees during the current quarter, which was driven by an incentive fee earned by our investment adviser in the prior quarter, versus no fee earned during the current quarter, partially offset by additional costs incurred during the current quarter to repair certain underground irrigation improvements on one of our farms.  In addition, aggregate dividends declared on our preferred stock (inclusive of our 6.00% Series B Cumulative Redeemable Preferred Stock (the &#8220;Series B Preferred Stock&#8221;) and Series C Preferred Stock) increased due to additional issuances during and since the prior quarter.</font></div><div style="line-height:120%;padding-top:8px;text-align:left;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;">Cash flows from operations for the current quarter increased, primarily due to the timing of when certain rental payments are scheduled to be paid pursuant to their respective leases and lower fees paid to related parties, partially offset by the receipt of an early lease termination payment during the prior quarter.  Our NAV per share decreased by </font><font style="font-family:inherit;font-size:11pt;">$0.40</font><font style="font-family:inherit;font-size:11pt;">&#32;from the prior quarter to </font><font style="font-family:inherit;font-size:11pt;">$11.06</font><font style="font-family:inherit;font-size:11pt;">&#32;at </font><font style="font-family:inherit;font-size:11pt;">June&#160;30, 2020</font><font style="font-family:inherit;font-size:11pt;">, primarily driven by ongoing capital improvements made on certain of our farms (which will not be reflected in the fair values of the properties until the respective projects are completed) and an increase in the fair value of our long-term borrowings due to changes in market interest rates.</font></div><div style="line-height:120%;padding-top:16px;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;font-weight:bold;">Subsequent to</font><font style="font-family:inherit;font-size:11pt;">&#32;</font><font style="font-family:inherit;font-size:11pt;font-weight:bold;">June&#160;30, 2020</font><font style="font-family:inherit;font-size:11pt;font-weight:bold;">:</font></div><table cellpadding="0" cellspacing="0" style="padding-top:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;"></td><td></td></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:11pt;padding-left:24px;"><font style="font-family:inherit;font-size:11pt;font-weight:bold;">&#8226;</font></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;font-weight:bold;">Portfolio Activity&#8212;Leasing Activity:  </font><font style="font-family:inherit;font-size:11pt;">Extended leases on two farms located in Florida for an additional two years that are expected to result in an aggregate increase in annual net operating income of approximately $11,000, or 10.0%, over that of the prior leases.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;"></td><td></td></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:11pt;padding-left:24px;"><font style="font-family:inherit;font-size:11pt;font-weight:bold;">&#8226;</font></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;font-weight:bold;">Equity Activity:</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:2px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:72px;"></td><td></td></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:11pt;padding-left:48px;"><font style="font-family:inherit;font-size:11pt;font-weight:bold;">&#9702;</font></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;font-weight:bold;">Series C Preferred Stock:  </font><font style="font-family:inherit;font-size:11pt;">Sold </font><font style="font-family:inherit;font-size:11pt;">147,682</font><font style="font-family:inherit;font-size:11pt;">&#32;shares of the Series C Preferred Stock for net proceeds of approximately </font><font style="font-family:inherit;font-size:11pt;">$3.4 million</font><font style="font-family:inherit;font-size:11pt;">.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:2px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:72px;"></td><td></td></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:11pt;padding-left:48px;"><font style="font-family:inherit;font-size:11pt;">&#9702;</font></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;font-weight:bold;">Common Stock: </font><font style="font-family:inherit;font-size:11pt;">&#32;Sold </font><font style="font-family:inherit;font-size:11pt;">343,925</font><font style="font-family:inherit;font-size:11pt;">&#32;shares of common stock for net proceeds of approximately </font><font style="font-family:inherit;font-size:11pt;">$5.5 million</font><font style="font-family:inherit;font-size:11pt;">&#32;under the ATM Program.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="padding-top:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;"></td><td></td></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:11pt;padding-left:24px;"><font style="font-family:inherit;font-size:11pt;">&#8226;</font></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;font-weight:bold;">Increased Distributions:</font><font style="font-family:inherit;font-size:11pt;">&#160; Increased our distribution run rate by </font><font style="font-family:inherit;font-size:11pt;">0.22%</font><font style="font-family:inherit;font-size:11pt;">, declaring monthly cash distributions of </font><font style="font-family:inherit;font-size:11pt;">$0.0448</font><font style="font-family:inherit;font-size:11pt;">&#32;per share of common stock (including OP Units held by non-controlling OP Unitholders) for each of July, August, and September 2020.&#160; This marks our </font><font style="font-family:inherit;font-size:11pt;">19th</font><font style="font-family:inherit;font-size:11pt;">&#32;distribution increase over the past </font><font style="font-family:inherit;font-size:11pt;">22</font><font style="font-family:inherit;font-size:11pt;">&#32;quarters, during which time we have increased the distribution run rate by </font><font style="font-family:inherit;font-size:11pt;">49.3%</font><font style="font-family:inherit;font-size:11pt;">.</font></div></td></tr></table><div style="line-height:120%;padding-top:16px;text-align:left;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;font-weight:bold;">Update on Rent Collections:</font><font style="font-family:inherit;font-size:11pt;">&#32;&#160;The Company granted extensions of up to 123 days to two tenants who owed semi-annual rent payments totaling approximately $343,000 (approximately 0.7% of annual portfolio cash rents).  These payments were originally scheduled to be paid on July 1, 2020, and the rent deferrals we granted to these tenants extend the new due dates to be on or before November 1, 2020.  Additional time was granted to these tenants due to delays in payments owed to them from their respective processors, which were primarily caused by the strict government-mandated lockdowns in the state of Michigan in response to COVID-19.  In addition, the Company is currently awaiting payment from one other tenant who owed an annual rent payment of approximately $53,000 (approximately 0.1% of annual portfolio cash rents) in July 2020.  The delay in this payment is primarily due to a delay in our farmer's receipt of certain insurance payouts; however, we currently expect this amount to be collected in full by the end of August 2020.  Other than the aforementioned rent deferrals, we have neither received nor granted any other requests from tenants seeking relief as a result of COVID-19, and all other tenants are current in their rental payments to us.</font></div><div style="line-height:120%;padding-top:16px;text-align:left;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;font-weight:bold;">Comments from David Gladstone, President and CEO of Gladstone Land:</font><font style="font-family:inherit;font-size:11pt;">&#32;&#160;&#8220;Operating results for the second quarter came in as expected, when compared to the slow start in 2019, and the team has a very healthy list of new farms they are seeking to acquire.  The Company's farms continue to be 100% leased, and the team continues to have success with lease renewals at higher rental rates, which we believe indicates the strong demand by growers for the Company's farms.  The impact on the Company's operations continue to be minimal, as most of its tenants sell their products to grocery stores, with very little of their sales going to restaurants and other segments of the food service industry.  Based on pricing and sales volumes, the tenants on the Company's farms seem to be in </font></div><div><br></div><div style="text-align:center;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></div><hr style="page-break-after:always"><div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></div><div><br></div><div style="line-height:120%;padding-top:16px;text-align:left;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;">position to have a very good year.  With the exception of the situations noted above, all of the Company's tenants are current in their rental payments, and we do not currently foresee any reason for that to change in the future.  The reactions of the various state and local governments to COVID-19 thus far do not seem to have injured our tenant-farmers to any great extent.&#8221;</font></div><div><br></div><div style="text-align:center;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></div><hr style="page-break-after:always"><div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></div><div><br></div><div style="line-height:120%;padding-top:24px;text-align:center;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;font-weight:bold;">Quarterly Summary Information</font></div><div style="line-height:120%;text-align:center;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;font-weight:bold;">(Dollars in thousands, except per-share amounts)</font><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:683px;border-collapse:collapse;text-align:left;"><tr><td colspan="15"></td></tr><tr><td style="width:366px;"></td><td style="width:6px;"></td><td style="width:65px;"></td><td style="width:10px;"></td><td style="width:5px;"></td><td style="width:6px;"></td><td style="width:65px;"></td><td style="width:10px;"></td><td style="width:5px;"></td><td style="width:6px;"></td><td style="width:53px;"></td><td style="width:10px;"></td><td style="width:5px;"></td><td style="width:48px;"></td><td style="width:16px;"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-left:1px solid #000000;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="7" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">For and As of the Quarters Ended</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Change</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-right:1px solid #000000;border-top:1px solid #000000;"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Change</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-left:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">6/30/2020</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-top:1px solid #000000;"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">3/31/2020</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">($ / #)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-right:1px solid #000000;"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">(%)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-left:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">Operating Data:</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;color:#ff0000;">&#160;</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#160;</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#160;</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-right:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-left:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Total operating revenues</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">12,638</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">15,280</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(2,642</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(17.3</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-right:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)%</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-left:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Total operating expenses, net of credits</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(6,454</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(8,083</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">1,629</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(20.2</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-right:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)%</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-left:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Other expenses, net</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(6,002</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(4,096</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(1,906</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">46.5</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-right:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#160;%</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:36px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-left:1px solid #000000;"><div style="text-align:left;padding-left:12px;text-indent:-12px;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">Net income</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">182</font></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">3,101</font></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">(2,919</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">(94.1</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-right:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">)%</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-left:1px solid #000000;"><div style="text-align:left;padding-left:12px;text-indent:-12px;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Less:  Aggregate dividends declared on Series B and Series C Preferred Stock</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(2,262</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(2,125</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(137</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">6.4</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-right:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#160;%</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:36px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-left:1px solid #000000;"><div style="text-align:left;padding-left:12px;text-indent:-12px;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">Net (loss) income available to common stockholders and non-controlling OP Unitholders</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">(2,080</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">976</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">(3,056</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">N/A</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-right:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-left:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Plus:&#160; Real estate and intangible depreciation and amortization</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">3,843</font></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">4,257</font></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(414</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(9.7</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-right:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)%</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-left:1px solid #000000;"><div style="text-align:left;padding-left:12px;text-indent:-12px;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Plus:  Losses on dispositions of real estate assets, net</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">567</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">99</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">468</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">472.7</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-right:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#160;%</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-left:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Adjustments for unconsolidated entities</font><font style="font-family:inherit;font-size:9pt;"><sup style="vertical-align:top;line-height:120%;font-size:6pt">(1)</sup></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">4</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">4</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-right:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#160;%</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:36px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-left:1px solid #000000;"><div style="text-align:left;padding-left:12px;text-indent:-12px;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">FFO available to common stockholders and non-controlling OP Unitholders</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">2,334</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">5,336</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">(3,002</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">(56.3</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-right:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">)%</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-left:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Plus:&#160; Acquisition- and disposition-related expenses</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">64</font></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">10</font></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">54</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">540.0</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-right:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#160;%</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-left:1px solid #000000;"><div style="text-align:left;padding-left:12px;text-indent:-12px;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Plus (less):  Other charges (receipts), net</font><font style="font-family:inherit;font-size:9pt;"><sup style="vertical-align:top;line-height:120%;font-size:6pt">(2)</sup></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">16</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(79</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">95</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">N/A</font></div></td><td style="vertical-align:bottom;border-right:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:36px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-left:1px solid #000000;"><div style="text-align:left;padding-left:12px;text-indent:-12px;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">CFFO available to common stockholders and non-controlling OP Unitholders</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">2,414</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">5,267</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">(2,853</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">(54.2</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-right:1px solid #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">)%</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-left:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Net adjustment for normalized cash rents</font><font style="font-family:inherit;font-size:9pt;"><sup style="vertical-align:top;line-height:120%;font-size:6pt">(3)</sup></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(411</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(4</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(407</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">10,175.0</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-right:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#160;%</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-left:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Plus:&#160; Amortization of debt issuance costs</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">186</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">179</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">7</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">3.9</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-right:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#160;%</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:36px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-left:1px solid #000000;"><div style="text-align:left;padding-left:12px;text-indent:-12px;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">AFFO available to common stockholders and non-controlling OP Unitholders</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">2,189</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">5,442</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">(3,253</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">(59.8</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-right:1px solid #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">)%</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-left:1px solid #000000;"><div style="overflow:hidden;height:6px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:6px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:6px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:6px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:6px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:6px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:6px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-right:1px solid #000000;"><div style="overflow:hidden;height:6px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-left:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">Share and Per-Share Data:</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#160;</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#160;</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-right:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-left:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Weighted-average common stock outstanding&#8212;basic and diluted</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">21,418,455</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">21,262,080</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">156,375</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">0.7</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-right:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#160;%</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-left:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Weighted-average common non-controlling OP Units outstanding</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">224,940</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">288,303</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(63,363</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(22.0</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-right:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)%</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:36px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-left:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Weighted-average total common shares outstanding</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">21,643,395</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">21,550,383</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">93,012</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">0.4</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-right:1px solid #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#160;%</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-left:1px solid #000000;"><div style="overflow:hidden;height:13px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:13px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:13px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:13px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:13px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:13px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:13px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-right:1px solid #000000;"><div style="overflow:hidden;height:13px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-left:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Diluted net income (loss) per weighted-average total common share</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(0.095</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">0.045</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(0.140</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">N/A</font></div></td><td style="vertical-align:bottom;border-right:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-left:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Diluted FFO per weighted-average total common share</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">0.109</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">0.248</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(0.139</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(56.0</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-right:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)%</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-left:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Diluted CFFO per weighted-average total common share</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">0.113</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">0.244</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(0.131</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(53.7</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-right:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)%</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-left:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Diluted AFFO per weighted-average total common share</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">0.102</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">0.253</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(0.151</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(59.7</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-right:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)%</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-left:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Cash distributions declared per total common share</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">0.134</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">0.134</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">0.000</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">0.1</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-right:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#160;%</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-left:1px solid #000000;"><div style="overflow:hidden;height:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;height:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-right:1px solid #000000;"><div style="overflow:hidden;height:5px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-left:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">Balance Sheet Data:</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;color:#ff0000;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;color:#ff0000;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;color:#ff0000;">&#160;</font></div></td><td style="vertical-align:bottom;border-right:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-left:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Net investments in real estate, at cost</font><font style="font-family:inherit;font-size:9pt;"><sup style="vertical-align:top;line-height:120%;font-size:6pt">(4)</sup></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">822,523</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">801,510</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">21,013</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">2.6</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-right:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#160;%</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-left:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Total assets</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">856,689</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">841,120</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">15,569</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">1.9</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-right:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#160;%</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-left:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Total indebtedness</font><font style="font-family:inherit;font-size:9pt;"><sup style="vertical-align:top;line-height:120%;font-size:6pt">(5)</sup></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">523,512</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">509,412</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">14,100</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">2.8</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-right:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#160;%</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-left:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Total equity</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">306,383</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">308,055</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(1,672</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(0.5</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-right:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)%</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-left:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Total common shares outstanding</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">21,678,890</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">21,634,761</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">44,129</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">0.2</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-right:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#160;%</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-left:1px solid #000000;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;"><br></font></div></td><td style="vertical-align:bottom;border-right:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-left:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-weight:bold;">Other Data:</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;color:#ff0000;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;"><br></font></div></td><td style="vertical-align:bottom;border-right:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-left:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Cash flows from operations</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">6,441</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">3,496</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">2,945</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">84.2</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-right:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#160;%</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-left:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Farms owned</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">115</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">113</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">2</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">1.8</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-right:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#160;%</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-left:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Acres owned</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">89,128</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">87,860</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">1,268</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">1.4</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-right:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#160;%</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-left:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Occupancy rate</font><font style="font-family:inherit;font-size:9pt;"><sup style="vertical-align:top;line-height:120%;font-size:6pt">(6)</sup></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">100.0</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">100.0</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">%</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#8212;</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-right:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#160;%</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-left:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Farmland portfolio value</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">911,770</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">891,555</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">20,215</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">2.3</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;border-right:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#160;%</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;border-left:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">NAV per common share</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">11.06</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">11.46</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(0.40</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="text-align:right;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">(3.5</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;border-right:1px solid #000000;"><div style="text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">)%</font></div></td></tr></table></div></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;"></td><td></td></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:8pt;padding-left:0px;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(1)</sup>&#160;</font></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Represents our pro-rata share of depreciation expense recorded in unconsolidated entities during the respective periods.</font></div></td></tr></table><div><br></div><div style="text-align:center;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></div><hr style="page-break-after:always"><div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></div><div><br></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;"></td><td></td></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:8pt;padding-left:0px;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(2)</sup>&#160;</font></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Consists primarily of (i) our pro-rata share of loss (income) recorded from investments in unconsolidated entities, and, for the three months ended March 31, 2020, only, (ii) net property and casualty recoveries recorded related to damage caused to certain irrigation improvements by natural disasters on certain of our properties.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;"></td><td></td></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:8pt;padding-left:0px;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(3)</sup>&#160;</font></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">This adjustment removes the effects of straight-lining rental income, as well as the amortization related to above-market lease values and lease incentives and accretion related to below-market lease values, deferred revenue, and tenant improvements, resulting in rental income reflected on a modified accrual cash basis.&#160; The effect to AFFO is that cash rents received pertaining to a lease year are normalized over that respective lease year on a straight-line basis, resulting in cash rent being recognized ratably over the period in which the cash rent is earned.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;"></td><td></td></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:8pt;padding-left:0px;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(4)</sup>&#160;</font></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Consists of the initial acquisition price (including the costs allocated to both tangible and intangible assets acquired and liabilities assumed), plus subsequent improvements and other capitalized costs associated with the properties, and adjusted for accumulated depreciation and amortization.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;"></td><td></td></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:8pt;padding-left:0px;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(5)</sup>&#160;</font></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Consists of the principal balances outstanding of all indebtedness, including our lines of credit, notes and bonds payable, and our Series A Term Preferred Stock.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;"></td><td></td></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:8pt;padding-left:0px;"><font style="font-family:inherit;font-size:8pt;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(6)</sup>&#160;</font></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Based on gross acreage.</font></div></td></tr></table><div style="line-height:120%;padding-top:20px;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;font-weight:bold;">Conference Call</font><font style="font-family:inherit;font-size:11pt;">&#32;</font><font style="font-family:inherit;font-size:11pt;font-weight:bold;">for Stockholders:</font><font style="font-family:inherit;font-size:11pt;">&#32;&#160;The Company will hold a conference call on </font><font style="font-family:inherit;font-size:11pt;">Thursday</font><font style="font-family:inherit;font-size:11pt;">, </font><font style="font-family:inherit;font-size:11pt;">August&#160;6, 2020</font><font style="font-family:inherit;font-size:11pt;">, at 8:30 a.m. (EDT) to discuss its earnings results.&#160; Please call (833) 423-0495 and enter conference number 5692957 to join the conference.&#160; An operator will monitor the call and set a queue for any questions. &#160;A conference call replay will be available beginning one hour after the call and will be accessible through August 13, 2020.&#160; To hear the replay, please dial (855) 859-2056, and use playback conference number 5692957.&#160; The live audio broadcast of the Company&#8217;s conference call will also be available online at the Company&#8217;s website, </font><font style="font-family:inherit;font-size:11pt;color:#2030ff;text-decoration:underline;">www.GladstoneFarms.com</font><font style="font-family:inherit;font-size:11pt;">.  The event will be archived and available for replay on the Company&#8217;s website through October 6, 2020.</font></div><div style="line-height:120%;padding-top:32px;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;font-weight:bold;">About Gladstone Land Corporation:</font></div><div style="line-height:120%;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;">Founded in 1997, Gladstone Land is a publicly traded real estate investment trust that acquires and owns farmland and farm-related properties located in major agricultural markets in the U.S. and leases its properties to unrelated third-party farmers.&#160; The Company, which reports the aggregate fair value of its farmland holdings on a quarterly basis, currently owns </font><font style="font-family:inherit;font-size:11pt;">115</font><font style="font-family:inherit;font-size:11pt;">&#32;farms, comprised of approximately </font><font style="font-family:inherit;font-size:11pt;">89,000</font><font style="font-family:inherit;font-size:11pt;">&#32;acres in </font><font style="font-family:inherit;font-size:11pt;">10</font><font style="font-family:inherit;font-size:11pt;">&#32;different states, valued at approximately </font><font style="font-family:inherit;font-size:11pt;">$912 million</font><font style="font-family:inherit;font-size:11pt;">.  Gladstone Land's farms are predominantly located in regions where its tenants are able to grow fresh produce annual row crops, such as berries and vegetables, which are generally planted and harvested annually.  The Company also owns farms growing permanent crops, such as almonds, apples, figs, olives, pistachios, and other orchards, as well as blueberry groves and vineyards, which are generally planted every 10 to 20-plus years and harvested annually.&#160; The Company may also acquire property related to farming, such as cooling facilities, processing buildings, packaging facilities, and distribution centers.&#160; The Company pays monthly distributions to its stockholders and has paid </font><font style="font-family:inherit;font-size:11pt;">90</font><font style="font-family:inherit;font-size:11pt;">&#32;consecutive monthly cash distributions on its common stock since its initial public offering in January 2013.  The Company has increased its common distributions </font><font style="font-family:inherit;font-size:11pt;">19</font><font style="font-family:inherit;font-size:11pt;">&#32;times over the prior </font><font style="font-family:inherit;font-size:11pt;">22</font><font style="font-family:inherit;font-size:11pt;">&#32;quarters, and the current per-share distribution on its common stock is </font><font style="font-family:inherit;font-size:11pt;">$0.0448</font><font style="font-family:inherit;font-size:11pt;">&#32;per month, or </font><font style="font-family:inherit;font-size:11pt;">$0.5376</font><font style="font-family:inherit;font-size:11pt;">&#32;per year.&#160; Additional information, including detailed information about each of the Company's farms, can be found at </font><font style="font-family:inherit;font-size:11pt;color:#2030ff;text-decoration:underline;">www.GladstoneFarms.com</font><font style="font-family:inherit;font-size:11pt;">.</font></div><div style="line-height:120%;padding-top:16px;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;">Owners or brokers who have farmland for sale in the U.S. should contact:</font></div><table cellpadding="0" cellspacing="0" style="padding-top:4px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;"></td><td></td></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:11pt;padding-left:24px;"><font style="font-family:inherit;font-size:11pt;">&#8226;</font></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;">Eastern U.S. &#8211; Bill Frisbie at (703) 287-5839 or </font><font style="font-family:inherit;font-size:11pt;color:#2030ff;text-decoration:underline;">Bill.F@GladstoneLand.com</font><font style="font-family:inherit;font-size:11pt;">;</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;"></td><td></td></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:11pt;padding-left:24px;"><font style="font-family:inherit;font-size:11pt;">&#8226;</font></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;">Midwest U.S. &#8211; Bill Hughes at (618) 606-2887 or </font><font style="font-family:inherit;font-size:11pt;color:#2030ff;text-decoration:underline;">Bill.H@GladstoneLand.com</font><font style="font-family:inherit;font-size:11pt;">; or</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;"></td><td></td></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:11pt;padding-left:24px;"><font style="font-family:inherit;font-size:11pt;">&#8226;</font></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:left;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;">Western U.S. &#8211; Bill Reiman at (805) 263-4778 or </font><font style="font-family:inherit;font-size:11pt;color:#2030ff;text-decoration:underline;">Bill.R@GladstoneLand.com</font><font style="font-family:inherit;font-size:11pt;">, or Tony Marci at (831) 225-0883 or </font><font style="font-family:inherit;font-size:11pt;color:#2030ff;text-decoration:underline;">Tony.M@GladstoneLand.com</font><font style="font-family:inherit;font-size:11pt;">.</font></div></td></tr></table><div style="line-height:120%;padding-top:8px;text-align:left;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;">Lenders who are interested in providing us with long-term financing on farmland should contact Jay Beckhorn at (703) 587-5823 or </font><font style="font-family:inherit;font-size:11pt;color:#2030ff;text-decoration:underline;">Jay.Beckhorn@GladstoneCompanies.com</font><font style="font-family:inherit;font-size:11pt;">.</font></div><div style="line-height:120%;padding-top:16px;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;">For stockholder information on Gladstone Land, call (703) 287-5893.&#160; For Investor Relations inquiries related to any of the monthly dividend-paying Gladstone funds, please visit </font><font style="font-family:inherit;font-size:11pt;color:#2030ff;text-decoration:underline;">www.GladstoneCompanies.com</font><font style="font-family:inherit;font-size:11pt;">.</font></div><div style="line-height:120%;padding-top:32px;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;font-weight:bold;">Non-GAAP Financial Measures:</font></div><div style="line-height:120%;padding-top:8px;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;font-weight:bold;">FFO:</font><font style="font-family:inherit;font-size:11pt;">&#32;</font><font style="font-family:inherit;font-size:11pt;font-weight:bold;">&#160;</font><font style="font-family:inherit;font-size:11pt;">The National Association of Real Estate Investment Trusts (&#8220;NAREIT&#8221;) developed FFO as a relative non-GAAP supplemental measure of operating performance of an equity REIT in order to recognize that income-producing real estate historically has not depreciated on the basis determined under GAAP.&#160; FFO, as defined by NAREIT, is net income (computed in accordance with GAAP), excluding gains (or losses) from sales of property </font></div><div><br></div><div style="text-align:center;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></div><hr style="page-break-after:always"><div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></div><div><br></div><div style="line-height:120%;padding-top:8px;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;">and impairment losses on property, plus depreciation and amortization of real estate assets, and after adjustments for unconsolidated partnerships and joint ventures.  The Company believes that FFO per share provides investors with an additional context for evaluating its financial performance and as a supplemental measure to compare it to other REITs; however, comparisons of its FFO to the FFO of other REITs may not necessarily be meaningful due to potential differences in the application of the NAREIT definition used by such other REITs.&#160;</font></div><div style="line-height:120%;padding-top:8px;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;font-weight:bold;">CFFO:</font><font style="font-family:inherit;font-size:11pt;">&#32;</font><font style="font-family:inherit;font-size:11pt;font-weight:bold;">&#160;</font><font style="font-family:inherit;font-size:11pt;">CFFO is FFO, adjusted for items that are not indicative of the results provided by the Company&#8217;s operating portfolio and affect the comparability of the Company&#8217;s period-over-period performance. &#160;These items include certain non-recurring items, such as acquisition- and disposition-related expenses, the net incremental impact of operations conducted through our taxable REIT subsidiary, income tax provisions, and property and casualty losses or recoveries.&#160; Although the Company&#8217;s calculation of CFFO differs from NAREIT&#8217;s definition of FFO and may not be comparable to that of other REITs, the Company believes it is a meaningful supplemental measure of its sustainable operating performance.&#160; Accordingly, CFFO should be considered a supplement to net income computed in accordance with GAAP as a measure of our performance.&#160; For a full explanation of the adjustments made to arrive at CFFO, please read the Company&#8217;s Form 10-Q, filed today with the SEC.</font></div><div style="line-height:120%;padding-top:8px;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;font-weight:bold;">AFFO:</font><font style="font-family:inherit;font-size:11pt;">&#32;</font><font style="font-family:inherit;font-size:11pt;font-weight:bold;">&#160;</font><font style="font-family:inherit;font-size:11pt;">AFFO is CFFO, adjusted for certain non-cash items, such as the straight-lining of rents and amortizations into rental income (resulting in cash rent being recognized ratably over the period in which the cash rent is earned).&#160; Although the Company&#8217;s calculation of AFFO differs from NAREIT&#8217;s definition of FFO and may not be comparable to that of other REITs, the Company believes it is a meaningful supplemental measure of its sustainable operating performance on a cash basis.&#160; Accordingly, AFFO should be considered a supplement to net income computed in accordance with GAAP as a measure of our performance.&#160; For a full explanation of the adjustments made to arrive at AFFO, please read the Company&#8217;s Form 10-Q, filed today with the SEC.</font></div><div style="line-height:120%;padding-top:12px;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;">A reconciliation of FFO (as defined by NAREIT), CFFO, and AFFO (each as defined above) to net income (loss), which the Company believes is the most directly-comparable GAAP measure for each, and a computation of fully-diluted net income (loss), FFO, CFFO, and AFFO per weighted-average share is set forth in the Quarterly Summary Information table above.  The Company&#8217;s presentation of FFO, CFFO, or AFFO, does not represent cash flows from operating activities determined in accordance with GAAP and should not be considered an alternative to net income as an indication of its performance or to cash flow from operations as a measure of liquidity or ability to make distributions.</font></div><div style="line-height:120%;padding-bottom:8px;padding-top:12px;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;font-weight:bold;">NAV:</font><font style="font-family:inherit;font-size:11pt;">&#32;&#160;Pursuant to a valuation policy approved by our board of directors, our valuation team, with oversight from the chief valuation officer, provides recommendations of value for our properties to our board of directors, who then review and approve the fair values of our properties.&#160; Per our valuation policy, our valuations are derived based on either the purchase price of the property; values as determined by independent, third-party appraisers; or through an internal valuation process, which process is, in turn, based on values as determined by independent, third-party appraisers.&#160; In any case, we intend to have each property valued by an independent, third-party appraiser at least once every three years, or more frequently in some instances.&#160; Various methodologies are used, both by the appraisers and in our internal valuations, to determine the fair value of our real estate, including the sales comparison, income capitalization (or a discounted cash flow analysis), and cost approaches of valuation.&#160; NAV is a non-GAAP, supplemental measure of financial position of an equity REIT and is calculated as total equity available to common stockholders and non-controlling OP Unitholders, adjusted for the increase or decrease in fair value of our real estate assets and encumbrances relative to their respective costs bases.&#160; Further, we calculate NAV per share by dividing NAV by our total shares outstanding (inclusive of both our common stock and OP Units held by non-controlling third parties).&#160; A reconciliation of NAV to total equity, to which the Company believes is the most directly-comparable GAAP measure, is provided below (dollars in thousands, except per-share amount):</font></div><div><br></div><div style="text-align:center;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></div><hr style="page-break-after:always"><div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></div><div><br></div><div style="line-height:120%;padding-top:4px;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:680px;border-collapse:collapse;text-align:left;"><tr><td colspan="8"></td></tr><tr><td style="width:501px;"></td><td style="width:9px;"></td><td style="width:74px;"></td><td style="width:4px;"></td><td style="width:5px;"></td><td style="width:9px;"></td><td style="width:74px;"></td><td style="width:4px;"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="padding-top:8px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Total equity per balance sheet</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="padding-top:8px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="padding-top:8px;text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">306,383</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="padding-top:8px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Fair value adjustment for long-term assets:</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="padding-top:8px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Less:&#160; net cost basis of tangible and intangible real estate holdings</font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(1)</sup></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="padding-top:8px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;"><div style="padding-top:8px;text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(822,523</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="padding-top:8px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="padding-top:8px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Plus:&#160; estimated fair value of real estate holdings</font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(2)</sup></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="padding-top:8px;text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">911,770</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:36px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="padding-top:8px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net fair value adjustment for real estate holdings</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="padding-top:8px;text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">89,247</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="padding-top:8px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Fair value adjustment for long-term liabilities:</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="padding-top:8px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Plus:&#160; book value of aggregate long-term indebtedness</font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(3)</sup></font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="padding-top:8px;text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">523,412</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="padding-top:8px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Less:&#160; fair value of aggregate long-term indebtedness</font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(3)(4)</sup></font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="padding-top:8px;text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(526,718</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="padding-top:8px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:36px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="padding-top:8px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Net fair value adjustment for long-term indebtedness</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="padding-top:8px;text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(3,306</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="padding-top:8px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="padding-top:8px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Estimated NAV</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="padding-top:8px;text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">392,324</font></div></td><td style="vertical-align:bottom;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="padding-top:8px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Less:&#160; aggregate fair value of Series B and Series C Preferred Stock</font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(5)</sup></font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="padding-top:8px;text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(152,580</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-right:2px;padding-top:2px;padding-bottom:2px;"><div style="padding-top:8px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="padding-top:8px;text-align:left;padding-left:12px;text-indent:-12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Estimated NAV available to common stockholders and non-controlling OP Unitholders</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="padding-top:8px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;"><div style="padding-top:8px;text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">239,744</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="padding-top:8px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total common shares and OP Units outstanding</font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">(6)</sup></font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:3px double #000000;"><div style="padding-top:8px;text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">21,678,890</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;border-top:3px double #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="padding-top:8px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Estimated NAV per common share and OP Unit</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;"><div style="padding-top:8px;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;"><div style="padding-top:8px;text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">11.06</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></td></tr></table></div></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;"></td><td></td></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:9pt;padding-left:0px;"><font style="font-family:inherit;font-size:9pt;"><sup style="vertical-align:top;line-height:120%;font-size:6pt">(1)</sup>&#160;</font></div></td><td style="vertical-align:top;"><div style="line-height:120%;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Consists of the initial acquisition price (including the costs allocated to both tangible and intangible assets acquired and liabilities assumed), plus subsequent improvements and other capitalized costs associated with the properties, and adjusted for accumulated depreciation and amortization.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;"></td><td></td></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:9pt;padding-left:0px;"><font style="font-family:inherit;font-size:9pt;"><sup style="vertical-align:top;line-height:120%;font-size:6pt">(2)</sup>&#160;</font></div></td><td style="vertical-align:top;"><div style="line-height:120%;text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">As determined by the Company's valuation policy and approved by its board of directors.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;"></td><td></td></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:9pt;padding-left:0px;"><font style="font-family:inherit;font-size:9pt;"><sup style="vertical-align:top;line-height:120%;font-size:6pt">(3)</sup>&#160;</font></div></td><td style="vertical-align:top;"><div style="line-height:120%;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Includes the principal balances outstanding of all long-term borrowings (consisting of notes and bonds payable) and the Series A Term Preferred Stock.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;"></td><td></td></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:9pt;padding-left:0px;"><font style="font-family:inherit;font-size:9pt;"><sup style="vertical-align:top;line-height:120%;font-size:6pt">(4)</sup>&#160;</font></div></td><td style="vertical-align:top;"><div style="line-height:120%;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Long-term notes and bonds payable were valued using a discounted cash flow model.  The Series A Term Preferred Stock was valued based on its closing stock price as of </font><font style="font-family:inherit;font-size:9pt;">June&#160;30, 2020</font><font style="font-family:inherit;font-size:9pt;">.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;"></td><td></td></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:9pt;padding-left:0px;"><font style="font-family:inherit;font-size:9pt;"><sup style="vertical-align:top;line-height:120%;font-size:6pt">(5)</sup>&#160;</font></div></td><td style="vertical-align:top;"><div style="line-height:120%;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Valued at the securities' respective liquidation values.</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:24px;"></td><td></td></tr><tr><td style="vertical-align:top"><div style="line-height:120%;font-size:9pt;padding-left:0px;"><font style="font-family:inherit;font-size:9pt;"><sup style="vertical-align:top;line-height:120%;font-size:6pt">(6)</sup>&#160;</font></div></td><td style="vertical-align:top;"><div style="line-height:120%;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">Includes </font><font style="font-family:inherit;font-size:9pt;">21,534,739</font><font style="font-family:inherit;font-size:9pt;">&#32;shares of common stock and </font><font style="font-family:inherit;font-size:9pt;">144,151</font><font style="font-family:inherit;font-size:9pt;">&#32;OP Units held by non-controlling OP Unitholders.</font></div></td></tr></table><div style="line-height:120%;padding-top:12px;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;">Comparison of our estimated NAV and estimated NAV per share to similarly-titled measures for other REITs may not necessarily be meaningful due to possible differences in the calculation or application of the definition of NAV used by such REITs.&#160; In addition, the trading price of our common shares may differ significantly from our most recent estimated NAV per share calculation.&#160; The Company&#8217;s independent auditors have neither audited nor reviewed our calculation of NAV or NAV per share.&#160; For a full explanation of our valuation policy, please read the Company&#8217;s Form 10-K, filed today with the SEC.</font></div><div style="line-height:120%;padding-top:40px;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-style:italic;">CAUTION CONCERNING FORWARD-LOOKING STATEMENTS:</font></div><div style="line-height:120%;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;font-style:italic;">Certain statements in this press release, including, but not limited to, the Company&#8217;s ability to maintain or grow its portfolio and FFO, expected increases in capitalization rates, benefits from increases in farmland values,</font><font style="font-family:inherit;font-size:9pt;">&#32;</font><font style="font-family:inherit;font-size:9pt;font-style:italic;">increases in operating revenues, and the increase in NAV per share, are &#8220;forward-looking statements&#8221; within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended.&#160; These forward-looking statements inherently involve certain risks and uncertainties, although they are based on the Company&#8217;s current plans that are believed to be reasonable as of the date of this press release.&#160; Factors that may cause actual results to differ materially from these forward-looking statements</font><font style="font-family:inherit;font-size:9pt;">&#32;</font><font style="font-family:inherit;font-size:9pt;font-style:italic;">include, but are not limited to, the Company&#8217;s ability to procure financing for investments, downturns in the current economic environment, the performance of its tenants, the impact of competition on its efforts to renew existing leases or re-lease real property, and significant changes in interest rates. &#160;Additional factors that could cause actual results to differ materially from those stated or implied by its forward-looking statements are disclosed under the caption &#8220;Risk Factors&#8221; within the Company's Form 10-K for the fiscal year ended December 31, 2019, as filed with the SEC on February 19, 2020, and certain other documents filed with the SEC from time to time.&#160; The Company cautions readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made.  The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law.</font></div><div style="line-height:120%;padding-top:16px;font-size:11pt;"><font style="font-family:inherit;font-size:11pt;">Gladstone Land Corporation, +1-703-287-5893</font></div><div><br></div><div style="text-align:center;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br></font></div></div>	</div></body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.SCH
<SEQUENCE>3
<FILENAME>land-20200630.xsd
<DESCRIPTION>XBRL TAXONOMY EXTENSION SCHEMA DOCUMENT
<TEXT>
<XBRL>
<?xml version="1.0" encoding="US-ASCII"?>
<!--XBRL Document Created with Wdesk from Workiva-->
<!-- -->
<xsd:schema attributeFormDefault="unqualified" elementFormDefault="qualified" targetNamespace="http://www.gladstoneland.com/20200630" xmlns:land="http://www.gladstoneland.com/20200630" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsd="http://www.w3.org/2001/XMLSchema">
  <xsd:import namespace="http://fasb.org/srt-types/2020-01-31" schemaLocation="http://xbrl.fasb.org/srt/2020/elts/srt-types-2020-01-31.xsd" />
  <xsd:import namespace="http://fasb.org/srt/2020-01-31" schemaLocation="http://xbrl.fasb.org/srt/2020/elts/srt-2020-01-31.xsd" />
  <xsd:import namespace="http://fasb.org/us-gaap/2020-01-31" schemaLocation="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd" />
  <xsd:import namespace="http://fasb.org/us-roles/2020-01-31" schemaLocation="http://xbrl.fasb.org/us-gaap/2020/elts/us-roles-2020-01-31.xsd" />
  <xsd:import namespace="http://fasb.org/us-types/2020-01-31" schemaLocation="http://xbrl.fasb.org/us-gaap/2020/elts/us-types-2020-01-31.xsd" />
  <xsd:import namespace="http://www.xbrl.org/2003/instance" schemaLocation="http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd" />
  <xsd:import namespace="http://www.xbrl.org/2003/linkbase" schemaLocation="http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd" />
  <xsd:import namespace="http://www.xbrl.org/2009/arcrole/fact-explanatoryFact" schemaLocation="http://www.xbrl.org/lrr/arcrole/factExplanatory-2009-12-16.xsd" />
  <xsd:import namespace="http://www.xbrl.org/2009/role/negated" schemaLocation="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd" />
  <xsd:import namespace="http://www.xbrl.org/2009/role/net" schemaLocation="http://www.xbrl.org/lrr/role/net-2009-12-16.xsd" />
  <xsd:import namespace="http://www.xbrl.org/dtr/type/non-numeric" schemaLocation="http://www.xbrl.org/dtr/type/nonNumeric-2009-12-16.xsd" />
  <xsd:import namespace="http://www.xbrl.org/dtr/type/numeric" schemaLocation="http://www.xbrl.org/dtr/type/numeric-2009-12-16.xsd" />
  <xsd:import namespace="http://xbrl.org/2005/xbrldt" schemaLocation="http://www.xbrl.org/2005/xbrldt-2005.xsd" />
  <xsd:import namespace="http://xbrl.sec.gov/country/2020-01-31" schemaLocation="https://xbrl.sec.gov/country/2020/country-2020-01-31.xsd" />
  <xsd:import namespace="http://xbrl.sec.gov/currency/2020-01-31" schemaLocation="https://xbrl.sec.gov/currency/2020/currency-2020-01-31.xsd" />
  <xsd:import namespace="http://xbrl.sec.gov/dei/2019-01-31" schemaLocation="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd" />
  <xsd:import namespace="http://xbrl.sec.gov/exch/2020-01-31" schemaLocation="https://xbrl.sec.gov/exch/2020/exch-2020-01-31.xsd" />
  <xsd:import namespace="http://xbrl.sec.gov/naics/2017-01-31" schemaLocation="http://xbrl.sec.gov/naics/2017/naics-2017-01-31.xsd" />
  <xsd:import namespace="http://xbrl.sec.gov/sic/2020-01-31" schemaLocation="https://xbrl.sec.gov/sic/2020/sic-2020-01-31.xsd" />
  <xsd:import namespace="http://xbrl.sec.gov/stpr/2018-01-31" schemaLocation="https://xbrl.sec.gov/stpr/2018/stpr-2018-01-31.xsd" />
  <xsd:annotation>
    <xsd:appinfo>
      <link:linkbaseRef xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" xlink:href="land-20200630_cal.xml" xlink:role="http://www.xbrl.org/2003/role/calculationLinkbaseRef" xlink:type="simple" />
      <link:linkbaseRef xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" xlink:href="land-20200630_def.xml" xlink:role="http://www.xbrl.org/2003/role/definitionLinkbaseRef" xlink:type="simple" />
      <link:linkbaseRef xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" xlink:href="land-20200630_lab.xml" xlink:role="http://www.xbrl.org/2003/role/labelLinkbaseRef" xlink:type="simple" />
      <link:linkbaseRef xlink:arcrole="http://www.w3.org/1999/xlink/properties/linkbase" xlink:href="land-20200630_pre.xml" xlink:role="http://www.xbrl.org/2003/role/presentationLinkbaseRef" xlink:type="simple" />
      <link:roleType id="DocumentAndEntityInformation" roleURI="http://www.gladstoneland.com/role/DocumentAndEntityInformation">
        <link:definition>0001000 - Document - Document and Entity Information</link:definition>
        <link:usedOn>link:presentationLink</link:usedOn>
        <link:usedOn>link:calculationLink</link:usedOn>
        <link:usedOn>link:definitionLink</link:usedOn>
      </link:roleType>
    </xsd:appinfo>
  </xsd:annotation>
</xsd:schema>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.CAL
<SEQUENCE>4
<FILENAME>land-20200630_cal.xml
<DESCRIPTION>XBRL TAXONOMY EXTENSION CALCULATION LINKBASE DOCUMENT
<TEXT>
<XBRL>
<?xml version="1.0" encoding="US-ASCII"?>
<!--XBRL Document Created with Wdesk from Workiva-->
<!-- -->
<link:linkbase xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance">
  <link:roleRef roleURI="http://www.gladstoneland.com/role/DocumentAndEntityInformation" xlink:href="land-20200630.xsd#DocumentAndEntityInformation" xlink:type="simple" />
  <link:calculationLink xlink:role="http://www.gladstoneland.com/role/DocumentAndEntityInformation" xlink:type="extended" />
</link:linkbase>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.DEF
<SEQUENCE>5
<FILENAME>land-20200630_def.xml
<DESCRIPTION>XBRL TAXONOMY EXTENSION DEFINITION LINKBASE DOCUMENT
<TEXT>
<XBRL>
<?xml version="1.0" encoding="US-ASCII"?>
<!--XBRL Document Created with Wdesk from Workiva-->
<!-- -->
<link:linkbase xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xbrldt="http://xbrl.org/2005/xbrldt" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance">
  <link:roleRef roleURI="http://www.gladstoneland.com/role/DocumentAndEntityInformation" xlink:href="land-20200630.xsd#DocumentAndEntityInformation" xlink:type="simple" />
  <link:arcroleRef arcroleURI="http://xbrl.org/int/dim/arcrole/all" xlink:href="http://www.xbrl.org/2005/xbrldt-2005.xsd#all" xlink:type="simple" />
  <link:arcroleRef arcroleURI="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:href="http://www.xbrl.org/2005/xbrldt-2005.xsd#dimension-default" xlink:type="simple" />
  <link:arcroleRef arcroleURI="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:href="http://www.xbrl.org/2005/xbrldt-2005.xsd#dimension-domain" xlink:type="simple" />
  <link:arcroleRef arcroleURI="http://xbrl.org/int/dim/arcrole/domain-member" xlink:href="http://www.xbrl.org/2005/xbrldt-2005.xsd#domain-member" xlink:type="simple" />
  <link:arcroleRef arcroleURI="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:href="http://www.xbrl.org/2005/xbrldt-2005.xsd#hypercube-dimension" xlink:type="simple" />
  <link:definitionLink xlink:role="http://www.gladstoneland.com/role/DocumentAndEntityInformation" xlink:type="extended">
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityInformationLineItems" xlink:label="loc_dei_EntityInformationLineItems_88E68FCD0624214F80A6BE423F7C5BF6" xlink:type="locator" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntitiesTable" xlink:label="loc_dei_EntitiesTable_AF1B019EDF9D4B9414C6BE423F7C7364" xlink:type="locator" />
    <link:definitionArc order="1" xlink:arcrole="http://xbrl.org/int/dim/arcrole/all" xlink:from="loc_dei_EntityInformationLineItems_88E68FCD0624214F80A6BE423F7C5BF6" xlink:to="loc_dei_EntitiesTable_AF1B019EDF9D4B9414C6BE423F7C7364" xlink:type="arc" xbrldt:closed="true" xbrldt:contextElement="segment" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StatementClassOfStockAxis" xlink:label="loc_us-gaap_StatementClassOfStockAxis_3E9AF016341A029F0BDFBE423F7C0FE7" xlink:type="locator" />
    <link:definitionArc order="1" xlink:arcrole="http://xbrl.org/int/dim/arcrole/hypercube-dimension" xlink:from="loc_dei_EntitiesTable_AF1B019EDF9D4B9414C6BE423F7C7364" xlink:to="loc_us-gaap_StatementClassOfStockAxis_3E9AF016341A029F0BDFBE423F7C0FE7" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ClassOfStockDomain" xlink:label="loc_us-gaap_ClassOfStockDomain_ACEC1DBAD901DA47F07DBE423F7CEE5D_default" xlink:type="locator" />
    <link:definitionArc order="1" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-default" xlink:from="loc_us-gaap_StatementClassOfStockAxis_3E9AF016341A029F0BDFBE423F7C0FE7" xlink:to="loc_us-gaap_ClassOfStockDomain_ACEC1DBAD901DA47F07DBE423F7CEE5D_default" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ClassOfStockDomain" xlink:label="loc_us-gaap_ClassOfStockDomain_ACEC1DBAD901DA47F07DBE423F7CEE5D" xlink:type="locator" />
    <link:definitionArc order="1" xlink:arcrole="http://xbrl.org/int/dim/arcrole/dimension-domain" xlink:from="loc_us-gaap_StatementClassOfStockAxis_3E9AF016341A029F0BDFBE423F7C0FE7" xlink:to="loc_us-gaap_ClassOfStockDomain_ACEC1DBAD901DA47F07DBE423F7CEE5D" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_CommonStockMember" xlink:label="loc_us-gaap_CommonStockMember_96549CC39A6D66244E28BE423F7C4541" xlink:type="locator" />
    <link:definitionArc order="1" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaap_ClassOfStockDomain_ACEC1DBAD901DA47F07DBE423F7CEE5D" xlink:to="loc_us-gaap_CommonStockMember_96549CC39A6D66244E28BE423F7C4541" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_SeriesAPreferredStockMember" xlink:label="loc_us-gaap_SeriesAPreferredStockMember_3696C3815FBCEE44C56ABE423F7C03D8" xlink:type="locator" />
    <link:definitionArc order="2" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_us-gaap_ClassOfStockDomain_ACEC1DBAD901DA47F07DBE423F7CEE5D" xlink:to="loc_us-gaap_SeriesAPreferredStockMember_3696C3815FBCEE44C56ABE423F7C03D8" xlink:type="arc" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_DocumentType" xlink:label="loc_dei_DocumentType_5E0AAD5BE3BAD8915174BE423F7CA071" xlink:type="locator" />
    <link:definitionArc order="1" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dei_EntityInformationLineItems_88E68FCD0624214F80A6BE423F7C5BF6" xlink:to="loc_dei_DocumentType_5E0AAD5BE3BAD8915174BE423F7CA071" xlink:type="arc" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_DocumentPeriodEndDate" xlink:label="loc_dei_DocumentPeriodEndDate_21417420DC3669E45EEBBE423F7C441C" xlink:type="locator" />
    <link:definitionArc order="2" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dei_EntityInformationLineItems_88E68FCD0624214F80A6BE423F7C5BF6" xlink:to="loc_dei_DocumentPeriodEndDate_21417420DC3669E45EEBBE423F7C441C" xlink:type="arc" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityRegistrantName" xlink:label="loc_dei_EntityRegistrantName_9C7BE38D47432AAEC012BE423F7C9008" xlink:type="locator" />
    <link:definitionArc order="3" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dei_EntityInformationLineItems_88E68FCD0624214F80A6BE423F7C5BF6" xlink:to="loc_dei_EntityRegistrantName_9C7BE38D47432AAEC012BE423F7C9008" xlink:type="arc" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityCentralIndexKey" xlink:label="loc_dei_EntityCentralIndexKey_53E12E4042A7C2A900D8BE423F7C78FF" xlink:type="locator" />
    <link:definitionArc order="4" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dei_EntityInformationLineItems_88E68FCD0624214F80A6BE423F7C5BF6" xlink:to="loc_dei_EntityCentralIndexKey_53E12E4042A7C2A900D8BE423F7C78FF" xlink:type="arc" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_AmendmentFlag" xlink:label="loc_dei_AmendmentFlag_2BDA57687DAA519ED9E7BE423F7C7960" xlink:type="locator" />
    <link:definitionArc order="5" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dei_EntityInformationLineItems_88E68FCD0624214F80A6BE423F7C5BF6" xlink:to="loc_dei_AmendmentFlag_2BDA57687DAA519ED9E7BE423F7C7960" xlink:type="arc" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityIncorporationStateCountryCode" xlink:label="loc_dei_EntityIncorporationStateCountryCode_28DDAFF08D21C1729F07BE423F7C8E1E" xlink:type="locator" />
    <link:definitionArc order="6" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dei_EntityInformationLineItems_88E68FCD0624214F80A6BE423F7C5BF6" xlink:to="loc_dei_EntityIncorporationStateCountryCode_28DDAFF08D21C1729F07BE423F7C8E1E" xlink:type="arc" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityFileNumber" xlink:label="loc_dei_EntityFileNumber_4A2D846D350DE19E6098BE423F7C5ABF" xlink:type="locator" />
    <link:definitionArc order="7" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dei_EntityInformationLineItems_88E68FCD0624214F80A6BE423F7C5BF6" xlink:to="loc_dei_EntityFileNumber_4A2D846D350DE19E6098BE423F7C5ABF" xlink:type="arc" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityTaxIdentificationNumber" xlink:label="loc_dei_EntityTaxIdentificationNumber_DFB7611B90898CF296A1BE423F7CD40C" xlink:type="locator" />
    <link:definitionArc order="8" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dei_EntityInformationLineItems_88E68FCD0624214F80A6BE423F7C5BF6" xlink:to="loc_dei_EntityTaxIdentificationNumber_DFB7611B90898CF296A1BE423F7CD40C" xlink:type="arc" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityAddressAddressLine1" xlink:label="loc_dei_EntityAddressAddressLine1_BBAB51BF761A30667936BE423F7C57CC" xlink:type="locator" />
    <link:definitionArc order="9" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dei_EntityInformationLineItems_88E68FCD0624214F80A6BE423F7C5BF6" xlink:to="loc_dei_EntityAddressAddressLine1_BBAB51BF761A30667936BE423F7C57CC" xlink:type="arc" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityAddressAddressLine2" xlink:label="loc_dei_EntityAddressAddressLine2_F94019C80F19A2BE595DBE423F7CC4BF" xlink:type="locator" />
    <link:definitionArc order="10" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dei_EntityInformationLineItems_88E68FCD0624214F80A6BE423F7C5BF6" xlink:to="loc_dei_EntityAddressAddressLine2_F94019C80F19A2BE595DBE423F7CC4BF" xlink:type="arc" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityAddressCityOrTown" xlink:label="loc_dei_EntityAddressCityOrTown_5F7C4E564DA3250AA400BE423F7CBA45" xlink:type="locator" />
    <link:definitionArc order="11" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dei_EntityInformationLineItems_88E68FCD0624214F80A6BE423F7C5BF6" xlink:to="loc_dei_EntityAddressCityOrTown_5F7C4E564DA3250AA400BE423F7CBA45" xlink:type="arc" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityAddressStateOrProvince" xlink:label="loc_dei_EntityAddressStateOrProvince_3FF0414E675C68FD8574BE423F7C4C3B" xlink:type="locator" />
    <link:definitionArc order="12" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dei_EntityInformationLineItems_88E68FCD0624214F80A6BE423F7C5BF6" xlink:to="loc_dei_EntityAddressStateOrProvince_3FF0414E675C68FD8574BE423F7C4C3B" xlink:type="arc" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityAddressPostalZipCode" xlink:label="loc_dei_EntityAddressPostalZipCode_C64216BA08D2AA5EA92BBE423F7C758B" xlink:type="locator" />
    <link:definitionArc order="13" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dei_EntityInformationLineItems_88E68FCD0624214F80A6BE423F7C5BF6" xlink:to="loc_dei_EntityAddressPostalZipCode_C64216BA08D2AA5EA92BBE423F7C758B" xlink:type="arc" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_CityAreaCode" xlink:label="loc_dei_CityAreaCode_5870EC6AA62BF06859B7BE423F7CE0B7" xlink:type="locator" />
    <link:definitionArc order="14" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dei_EntityInformationLineItems_88E68FCD0624214F80A6BE423F7C5BF6" xlink:to="loc_dei_CityAreaCode_5870EC6AA62BF06859B7BE423F7CE0B7" xlink:type="arc" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_LocalPhoneNumber" xlink:label="loc_dei_LocalPhoneNumber_E97866EC13330EDF4B69BE423F7C1FAD" xlink:type="locator" />
    <link:definitionArc order="15" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dei_EntityInformationLineItems_88E68FCD0624214F80A6BE423F7C5BF6" xlink:to="loc_dei_LocalPhoneNumber_E97866EC13330EDF4B69BE423F7C1FAD" xlink:type="arc" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_WrittenCommunications" xlink:label="loc_dei_WrittenCommunications_742635061326296E066FBE423F7CB48F" xlink:type="locator" />
    <link:definitionArc order="16" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dei_EntityInformationLineItems_88E68FCD0624214F80A6BE423F7C5BF6" xlink:to="loc_dei_WrittenCommunications_742635061326296E066FBE423F7CB48F" xlink:type="arc" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_SolicitingMaterial" xlink:label="loc_dei_SolicitingMaterial_53A422A8EC71D76AABABBE423F7CC6AD" xlink:type="locator" />
    <link:definitionArc order="17" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dei_EntityInformationLineItems_88E68FCD0624214F80A6BE423F7C5BF6" xlink:to="loc_dei_SolicitingMaterial_53A422A8EC71D76AABABBE423F7CC6AD" xlink:type="arc" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_PreCommencementTenderOffer" xlink:label="loc_dei_PreCommencementTenderOffer_A9A7E13EF20D0C404825BE423F7CF9B7" xlink:type="locator" />
    <link:definitionArc order="18" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dei_EntityInformationLineItems_88E68FCD0624214F80A6BE423F7C5BF6" xlink:to="loc_dei_PreCommencementTenderOffer_A9A7E13EF20D0C404825BE423F7CF9B7" xlink:type="arc" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_PreCommencementIssuerTenderOffer" xlink:label="loc_dei_PreCommencementIssuerTenderOffer_0D2F5C33E0CEC51C3354BE423F7C90CC" xlink:type="locator" />
    <link:definitionArc order="19" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dei_EntityInformationLineItems_88E68FCD0624214F80A6BE423F7C5BF6" xlink:to="loc_dei_PreCommencementIssuerTenderOffer_0D2F5C33E0CEC51C3354BE423F7C90CC" xlink:type="arc" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_Security12bTitle" xlink:label="loc_dei_Security12bTitle_501C7AD46D3A73C7FA9FBE423F7C316E" xlink:type="locator" />
    <link:definitionArc order="20" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dei_EntityInformationLineItems_88E68FCD0624214F80A6BE423F7C5BF6" xlink:to="loc_dei_Security12bTitle_501C7AD46D3A73C7FA9FBE423F7C316E" xlink:type="arc" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_TradingSymbol" xlink:label="loc_dei_TradingSymbol_4AD2FA7FE3EDFA2E5C7ABE423F7C427E" xlink:type="locator" />
    <link:definitionArc order="21" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dei_EntityInformationLineItems_88E68FCD0624214F80A6BE423F7C5BF6" xlink:to="loc_dei_TradingSymbol_4AD2FA7FE3EDFA2E5C7ABE423F7C427E" xlink:type="arc" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_SecurityExchangeName" xlink:label="loc_dei_SecurityExchangeName_BBC269E05E002D0B4AC0BE423F7CBE90" xlink:type="locator" />
    <link:definitionArc order="22" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dei_EntityInformationLineItems_88E68FCD0624214F80A6BE423F7C5BF6" xlink:to="loc_dei_SecurityExchangeName_BBC269E05E002D0B4AC0BE423F7CBE90" xlink:type="arc" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityEmergingGrowthCompany" xlink:label="loc_dei_EntityEmergingGrowthCompany_026BE3C9855ABE610881BE423F7C2105" xlink:type="locator" />
    <link:definitionArc order="23" xlink:arcrole="http://xbrl.org/int/dim/arcrole/domain-member" xlink:from="loc_dei_EntityInformationLineItems_88E68FCD0624214F80A6BE423F7C5BF6" xlink:to="loc_dei_EntityEmergingGrowthCompany_026BE3C9855ABE610881BE423F7C2105" xlink:type="arc" />
  </link:definitionLink>
</link:linkbase>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.LAB
<SEQUENCE>6
<FILENAME>land-20200630_lab.xml
<DESCRIPTION>XBRL TAXONOMY EXTENSION LABEL LINKBASE DOCUMENT
<TEXT>
<XBRL>
<?xml version="1.0" encoding="US-ASCII"?>
<!--XBRL Document Created with Wdesk from Workiva-->
<!-- -->
<link:linkbase xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance">
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedPeriodStartLabel" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedPeriodStartLabel" xlink:type="simple" />
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/netLabel" xlink:href="http://www.xbrl.org/lrr/role/net-2009-12-16.xsd#netLabel" xlink:type="simple" />
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedNetLabel" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedNetLabel" xlink:type="simple" />
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedTerseLabel" xlink:type="simple" />
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedPeriodEndLabel" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedPeriodEndLabel" xlink:type="simple" />
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedLabel" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedLabel" xlink:type="simple" />
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedTotalLabel" xlink:type="simple" />
  <link:labelLink xlink:role="http://www.xbrl.org/2003/role/link" xlink:type="extended">
    <link:label id="lab_dei_CoverAbstract_09923835893E6F089F0ABE423F7CB504_label_en-US" xlink:label="lab_dei_CoverAbstract_09923835893E6F089F0ABE423F7CB504" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Cover [Abstract]</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_CoverAbstract" xlink:label="loc_dei_CoverAbstract_09923835893E6F089F0ABE423F7CB504" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_CoverAbstract_09923835893E6F089F0ABE423F7CB504" xlink:to="lab_dei_CoverAbstract_09923835893E6F089F0ABE423F7CB504" xlink:type="arc" />
    <link:label id="lab_dei_EntitiesTable_AF1B019EDF9D4B9414C6BE423F7C7364_terseLabel_en-US" xlink:label="lab_dei_EntitiesTable_AF1B019EDF9D4B9414C6BE423F7C7364" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entities [Table]</link:label>
    <link:label id="lab_dei_EntitiesTable_AF1B019EDF9D4B9414C6BE423F7C7364_label_en-US" xlink:label="lab_dei_EntitiesTable_AF1B019EDF9D4B9414C6BE423F7C7364" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entities [Table]</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntitiesTable" xlink:label="loc_dei_EntitiesTable_AF1B019EDF9D4B9414C6BE423F7C7364" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntitiesTable_AF1B019EDF9D4B9414C6BE423F7C7364" xlink:to="lab_dei_EntitiesTable_AF1B019EDF9D4B9414C6BE423F7C7364" xlink:type="arc" />
    <link:label id="lab_us-gaap_StatementClassOfStockAxis_3E9AF016341A029F0BDFBE423F7C0FE7_terseLabel_en-US" xlink:label="lab_us-gaap_StatementClassOfStockAxis_3E9AF016341A029F0BDFBE423F7C0FE7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Class of Stock [Axis]</link:label>
    <link:label id="lab_us-gaap_StatementClassOfStockAxis_3E9AF016341A029F0BDFBE423F7C0FE7_label_en-US" xlink:label="lab_us-gaap_StatementClassOfStockAxis_3E9AF016341A029F0BDFBE423F7C0FE7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Class of Stock [Axis]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StatementClassOfStockAxis" xlink:label="loc_us-gaap_StatementClassOfStockAxis_3E9AF016341A029F0BDFBE423F7C0FE7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_StatementClassOfStockAxis_3E9AF016341A029F0BDFBE423F7C0FE7" xlink:to="lab_us-gaap_StatementClassOfStockAxis_3E9AF016341A029F0BDFBE423F7C0FE7" xlink:type="arc" />
    <link:label id="lab_us-gaap_ClassOfStockDomain_ACEC1DBAD901DA47F07DBE423F7CEE5D_terseLabel_en-US" xlink:label="lab_us-gaap_ClassOfStockDomain_ACEC1DBAD901DA47F07DBE423F7CEE5D" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Class of Stock [Domain]</link:label>
    <link:label id="lab_us-gaap_ClassOfStockDomain_ACEC1DBAD901DA47F07DBE423F7CEE5D_label_en-US" xlink:label="lab_us-gaap_ClassOfStockDomain_ACEC1DBAD901DA47F07DBE423F7CEE5D" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Class of Stock [Domain]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ClassOfStockDomain" xlink:label="loc_us-gaap_ClassOfStockDomain_ACEC1DBAD901DA47F07DBE423F7CEE5D" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_ClassOfStockDomain_ACEC1DBAD901DA47F07DBE423F7CEE5D" xlink:to="lab_us-gaap_ClassOfStockDomain_ACEC1DBAD901DA47F07DBE423F7CEE5D" xlink:type="arc" />
    <link:label id="lab_us-gaap_CommonStockMember_96549CC39A6D66244E28BE423F7C4541_terseLabel_en-US" xlink:label="lab_us-gaap_CommonStockMember_96549CC39A6D66244E28BE423F7C4541" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Common Stock</link:label>
    <link:label id="lab_us-gaap_CommonStockMember_96549CC39A6D66244E28BE423F7C4541_label_en-US" xlink:label="lab_us-gaap_CommonStockMember_96549CC39A6D66244E28BE423F7C4541" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Common Stock [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_CommonStockMember" xlink:label="loc_us-gaap_CommonStockMember_96549CC39A6D66244E28BE423F7C4541" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_CommonStockMember_96549CC39A6D66244E28BE423F7C4541" xlink:to="lab_us-gaap_CommonStockMember_96549CC39A6D66244E28BE423F7C4541" xlink:type="arc" />
    <link:label id="lab_us-gaap_SeriesAPreferredStockMember_3696C3815FBCEE44C56ABE423F7C03D8_terseLabel_en-US" xlink:label="lab_us-gaap_SeriesAPreferredStockMember_3696C3815FBCEE44C56ABE423F7C03D8" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Series A Preferred Stock</link:label>
    <link:label id="lab_us-gaap_SeriesAPreferredStockMember_3696C3815FBCEE44C56ABE423F7C03D8_label_en-US" xlink:label="lab_us-gaap_SeriesAPreferredStockMember_3696C3815FBCEE44C56ABE423F7C03D8" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Series A Preferred Stock [Member]</link:label>
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_SeriesAPreferredStockMember" xlink:label="loc_us-gaap_SeriesAPreferredStockMember_3696C3815FBCEE44C56ABE423F7C03D8" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_us-gaap_SeriesAPreferredStockMember_3696C3815FBCEE44C56ABE423F7C03D8" xlink:to="lab_us-gaap_SeriesAPreferredStockMember_3696C3815FBCEE44C56ABE423F7C03D8" xlink:type="arc" />
    <link:label id="lab_dei_EntityInformationLineItems_88E68FCD0624214F80A6BE423F7C5BF6_terseLabel_en-US" xlink:label="lab_dei_EntityInformationLineItems_88E68FCD0624214F80A6BE423F7C5BF6" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Information [Line Items]</link:label>
    <link:label id="lab_dei_EntityInformationLineItems_88E68FCD0624214F80A6BE423F7C5BF6_label_en-US" xlink:label="lab_dei_EntityInformationLineItems_88E68FCD0624214F80A6BE423F7C5BF6" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Information [Line Items]</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityInformationLineItems" xlink:label="loc_dei_EntityInformationLineItems_88E68FCD0624214F80A6BE423F7C5BF6" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityInformationLineItems_88E68FCD0624214F80A6BE423F7C5BF6" xlink:to="lab_dei_EntityInformationLineItems_88E68FCD0624214F80A6BE423F7C5BF6" xlink:type="arc" />
    <link:label id="lab_dei_DocumentType_5E0AAD5BE3BAD8915174BE423F7CA071_terseLabel_en-US" xlink:label="lab_dei_DocumentType_5E0AAD5BE3BAD8915174BE423F7CA071" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Document Type</link:label>
    <link:label id="lab_dei_DocumentType_5E0AAD5BE3BAD8915174BE423F7CA071_label_en-US" xlink:label="lab_dei_DocumentType_5E0AAD5BE3BAD8915174BE423F7CA071" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Document Type</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_DocumentType" xlink:label="loc_dei_DocumentType_5E0AAD5BE3BAD8915174BE423F7CA071" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentType_5E0AAD5BE3BAD8915174BE423F7CA071" xlink:to="lab_dei_DocumentType_5E0AAD5BE3BAD8915174BE423F7CA071" xlink:type="arc" />
    <link:label id="lab_dei_DocumentPeriodEndDate_21417420DC3669E45EEBBE423F7C441C_terseLabel_en-US" xlink:label="lab_dei_DocumentPeriodEndDate_21417420DC3669E45EEBBE423F7C441C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Document Period End Date</link:label>
    <link:label id="lab_dei_DocumentPeriodEndDate_21417420DC3669E45EEBBE423F7C441C_label_en-US" xlink:label="lab_dei_DocumentPeriodEndDate_21417420DC3669E45EEBBE423F7C441C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Document Period End Date</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_DocumentPeriodEndDate" xlink:label="loc_dei_DocumentPeriodEndDate_21417420DC3669E45EEBBE423F7C441C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_DocumentPeriodEndDate_21417420DC3669E45EEBBE423F7C441C" xlink:to="lab_dei_DocumentPeriodEndDate_21417420DC3669E45EEBBE423F7C441C" xlink:type="arc" />
    <link:label id="lab_dei_EntityRegistrantName_9C7BE38D47432AAEC012BE423F7C9008_terseLabel_en-US" xlink:label="lab_dei_EntityRegistrantName_9C7BE38D47432AAEC012BE423F7C9008" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Registrant Name</link:label>
    <link:label id="lab_dei_EntityRegistrantName_9C7BE38D47432AAEC012BE423F7C9008_label_en-US" xlink:label="lab_dei_EntityRegistrantName_9C7BE38D47432AAEC012BE423F7C9008" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Registrant Name</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityRegistrantName" xlink:label="loc_dei_EntityRegistrantName_9C7BE38D47432AAEC012BE423F7C9008" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityRegistrantName_9C7BE38D47432AAEC012BE423F7C9008" xlink:to="lab_dei_EntityRegistrantName_9C7BE38D47432AAEC012BE423F7C9008" xlink:type="arc" />
    <link:label id="lab_dei_EntityCentralIndexKey_53E12E4042A7C2A900D8BE423F7C78FF_terseLabel_en-US" xlink:label="lab_dei_EntityCentralIndexKey_53E12E4042A7C2A900D8BE423F7C78FF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Central Index Key</link:label>
    <link:label id="lab_dei_EntityCentralIndexKey_53E12E4042A7C2A900D8BE423F7C78FF_label_en-US" xlink:label="lab_dei_EntityCentralIndexKey_53E12E4042A7C2A900D8BE423F7C78FF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Central Index Key</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityCentralIndexKey" xlink:label="loc_dei_EntityCentralIndexKey_53E12E4042A7C2A900D8BE423F7C78FF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityCentralIndexKey_53E12E4042A7C2A900D8BE423F7C78FF" xlink:to="lab_dei_EntityCentralIndexKey_53E12E4042A7C2A900D8BE423F7C78FF" xlink:type="arc" />
    <link:label id="lab_dei_AmendmentFlag_2BDA57687DAA519ED9E7BE423F7C7960_terseLabel_en-US" xlink:label="lab_dei_AmendmentFlag_2BDA57687DAA519ED9E7BE423F7C7960" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Amendment Flag</link:label>
    <link:label id="lab_dei_AmendmentFlag_2BDA57687DAA519ED9E7BE423F7C7960_label_en-US" xlink:label="lab_dei_AmendmentFlag_2BDA57687DAA519ED9E7BE423F7C7960" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Amendment Flag</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_AmendmentFlag" xlink:label="loc_dei_AmendmentFlag_2BDA57687DAA519ED9E7BE423F7C7960" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_AmendmentFlag_2BDA57687DAA519ED9E7BE423F7C7960" xlink:to="lab_dei_AmendmentFlag_2BDA57687DAA519ED9E7BE423F7C7960" xlink:type="arc" />
    <link:label id="lab_dei_EntityIncorporationStateCountryCode_28DDAFF08D21C1729F07BE423F7C8E1E_terseLabel_en-US" xlink:label="lab_dei_EntityIncorporationStateCountryCode_28DDAFF08D21C1729F07BE423F7C8E1E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Incorporation, State or Country Code</link:label>
    <link:label id="lab_dei_EntityIncorporationStateCountryCode_28DDAFF08D21C1729F07BE423F7C8E1E_label_en-US" xlink:label="lab_dei_EntityIncorporationStateCountryCode_28DDAFF08D21C1729F07BE423F7C8E1E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Incorporation, State or Country Code</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityIncorporationStateCountryCode" xlink:label="loc_dei_EntityIncorporationStateCountryCode_28DDAFF08D21C1729F07BE423F7C8E1E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityIncorporationStateCountryCode_28DDAFF08D21C1729F07BE423F7C8E1E" xlink:to="lab_dei_EntityIncorporationStateCountryCode_28DDAFF08D21C1729F07BE423F7C8E1E" xlink:type="arc" />
    <link:label id="lab_dei_EntityFileNumber_4A2D846D350DE19E6098BE423F7C5ABF_terseLabel_en-US" xlink:label="lab_dei_EntityFileNumber_4A2D846D350DE19E6098BE423F7C5ABF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity File Number</link:label>
    <link:label id="lab_dei_EntityFileNumber_4A2D846D350DE19E6098BE423F7C5ABF_label_en-US" xlink:label="lab_dei_EntityFileNumber_4A2D846D350DE19E6098BE423F7C5ABF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity File Number</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityFileNumber" xlink:label="loc_dei_EntityFileNumber_4A2D846D350DE19E6098BE423F7C5ABF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityFileNumber_4A2D846D350DE19E6098BE423F7C5ABF" xlink:to="lab_dei_EntityFileNumber_4A2D846D350DE19E6098BE423F7C5ABF" xlink:type="arc" />
    <link:label id="lab_dei_EntityTaxIdentificationNumber_DFB7611B90898CF296A1BE423F7CD40C_terseLabel_en-US" xlink:label="lab_dei_EntityTaxIdentificationNumber_DFB7611B90898CF296A1BE423F7CD40C" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Tax Identification Number</link:label>
    <link:label id="lab_dei_EntityTaxIdentificationNumber_DFB7611B90898CF296A1BE423F7CD40C_label_en-US" xlink:label="lab_dei_EntityTaxIdentificationNumber_DFB7611B90898CF296A1BE423F7CD40C" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Tax Identification Number</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityTaxIdentificationNumber" xlink:label="loc_dei_EntityTaxIdentificationNumber_DFB7611B90898CF296A1BE423F7CD40C" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityTaxIdentificationNumber_DFB7611B90898CF296A1BE423F7CD40C" xlink:to="lab_dei_EntityTaxIdentificationNumber_DFB7611B90898CF296A1BE423F7CD40C" xlink:type="arc" />
    <link:label id="lab_dei_EntityAddressAddressLine1_BBAB51BF761A30667936BE423F7C57CC_terseLabel_en-US" xlink:label="lab_dei_EntityAddressAddressLine1_BBAB51BF761A30667936BE423F7C57CC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Address, Address Line One</link:label>
    <link:label id="lab_dei_EntityAddressAddressLine1_BBAB51BF761A30667936BE423F7C57CC_label_en-US" xlink:label="lab_dei_EntityAddressAddressLine1_BBAB51BF761A30667936BE423F7C57CC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Address, Address Line One</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityAddressAddressLine1" xlink:label="loc_dei_EntityAddressAddressLine1_BBAB51BF761A30667936BE423F7C57CC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityAddressAddressLine1_BBAB51BF761A30667936BE423F7C57CC" xlink:to="lab_dei_EntityAddressAddressLine1_BBAB51BF761A30667936BE423F7C57CC" xlink:type="arc" />
    <link:label id="lab_dei_EntityAddressAddressLine2_F94019C80F19A2BE595DBE423F7CC4BF_terseLabel_en-US" xlink:label="lab_dei_EntityAddressAddressLine2_F94019C80F19A2BE595DBE423F7CC4BF" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Address, Address Line Two</link:label>
    <link:label id="lab_dei_EntityAddressAddressLine2_F94019C80F19A2BE595DBE423F7CC4BF_label_en-US" xlink:label="lab_dei_EntityAddressAddressLine2_F94019C80F19A2BE595DBE423F7CC4BF" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Address, Address Line Two</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityAddressAddressLine2" xlink:label="loc_dei_EntityAddressAddressLine2_F94019C80F19A2BE595DBE423F7CC4BF" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityAddressAddressLine2_F94019C80F19A2BE595DBE423F7CC4BF" xlink:to="lab_dei_EntityAddressAddressLine2_F94019C80F19A2BE595DBE423F7CC4BF" xlink:type="arc" />
    <link:label id="lab_dei_EntityAddressCityOrTown_5F7C4E564DA3250AA400BE423F7CBA45_terseLabel_en-US" xlink:label="lab_dei_EntityAddressCityOrTown_5F7C4E564DA3250AA400BE423F7CBA45" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Address, City or Town</link:label>
    <link:label id="lab_dei_EntityAddressCityOrTown_5F7C4E564DA3250AA400BE423F7CBA45_label_en-US" xlink:label="lab_dei_EntityAddressCityOrTown_5F7C4E564DA3250AA400BE423F7CBA45" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Address, City or Town</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityAddressCityOrTown" xlink:label="loc_dei_EntityAddressCityOrTown_5F7C4E564DA3250AA400BE423F7CBA45" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityAddressCityOrTown_5F7C4E564DA3250AA400BE423F7CBA45" xlink:to="lab_dei_EntityAddressCityOrTown_5F7C4E564DA3250AA400BE423F7CBA45" xlink:type="arc" />
    <link:label id="lab_dei_EntityAddressStateOrProvince_3FF0414E675C68FD8574BE423F7C4C3B_terseLabel_en-US" xlink:label="lab_dei_EntityAddressStateOrProvince_3FF0414E675C68FD8574BE423F7C4C3B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Address, State or Province</link:label>
    <link:label id="lab_dei_EntityAddressStateOrProvince_3FF0414E675C68FD8574BE423F7C4C3B_label_en-US" xlink:label="lab_dei_EntityAddressStateOrProvince_3FF0414E675C68FD8574BE423F7C4C3B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Address, State or Province</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityAddressStateOrProvince" xlink:label="loc_dei_EntityAddressStateOrProvince_3FF0414E675C68FD8574BE423F7C4C3B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityAddressStateOrProvince_3FF0414E675C68FD8574BE423F7C4C3B" xlink:to="lab_dei_EntityAddressStateOrProvince_3FF0414E675C68FD8574BE423F7C4C3B" xlink:type="arc" />
    <link:label id="lab_dei_EntityAddressPostalZipCode_C64216BA08D2AA5EA92BBE423F7C758B_terseLabel_en-US" xlink:label="lab_dei_EntityAddressPostalZipCode_C64216BA08D2AA5EA92BBE423F7C758B" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Address, Postal Zip Code</link:label>
    <link:label id="lab_dei_EntityAddressPostalZipCode_C64216BA08D2AA5EA92BBE423F7C758B_label_en-US" xlink:label="lab_dei_EntityAddressPostalZipCode_C64216BA08D2AA5EA92BBE423F7C758B" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Address, Postal Zip Code</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityAddressPostalZipCode" xlink:label="loc_dei_EntityAddressPostalZipCode_C64216BA08D2AA5EA92BBE423F7C758B" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityAddressPostalZipCode_C64216BA08D2AA5EA92BBE423F7C758B" xlink:to="lab_dei_EntityAddressPostalZipCode_C64216BA08D2AA5EA92BBE423F7C758B" xlink:type="arc" />
    <link:label id="lab_dei_CityAreaCode_5870EC6AA62BF06859B7BE423F7CE0B7_terseLabel_en-US" xlink:label="lab_dei_CityAreaCode_5870EC6AA62BF06859B7BE423F7CE0B7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">City Area Code</link:label>
    <link:label id="lab_dei_CityAreaCode_5870EC6AA62BF06859B7BE423F7CE0B7_label_en-US" xlink:label="lab_dei_CityAreaCode_5870EC6AA62BF06859B7BE423F7CE0B7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">City Area Code</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_CityAreaCode" xlink:label="loc_dei_CityAreaCode_5870EC6AA62BF06859B7BE423F7CE0B7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_CityAreaCode_5870EC6AA62BF06859B7BE423F7CE0B7" xlink:to="lab_dei_CityAreaCode_5870EC6AA62BF06859B7BE423F7CE0B7" xlink:type="arc" />
    <link:label id="lab_dei_LocalPhoneNumber_E97866EC13330EDF4B69BE423F7C1FAD_terseLabel_en-US" xlink:label="lab_dei_LocalPhoneNumber_E97866EC13330EDF4B69BE423F7C1FAD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Local Phone Number</link:label>
    <link:label id="lab_dei_LocalPhoneNumber_E97866EC13330EDF4B69BE423F7C1FAD_label_en-US" xlink:label="lab_dei_LocalPhoneNumber_E97866EC13330EDF4B69BE423F7C1FAD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Local Phone Number</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_LocalPhoneNumber" xlink:label="loc_dei_LocalPhoneNumber_E97866EC13330EDF4B69BE423F7C1FAD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_LocalPhoneNumber_E97866EC13330EDF4B69BE423F7C1FAD" xlink:to="lab_dei_LocalPhoneNumber_E97866EC13330EDF4B69BE423F7C1FAD" xlink:type="arc" />
    <link:label id="lab_dei_WrittenCommunications_742635061326296E066FBE423F7CB48F_terseLabel_en-US" xlink:label="lab_dei_WrittenCommunications_742635061326296E066FBE423F7CB48F" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Written Communications</link:label>
    <link:label id="lab_dei_WrittenCommunications_742635061326296E066FBE423F7CB48F_label_en-US" xlink:label="lab_dei_WrittenCommunications_742635061326296E066FBE423F7CB48F" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Written Communications</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_WrittenCommunications" xlink:label="loc_dei_WrittenCommunications_742635061326296E066FBE423F7CB48F" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_WrittenCommunications_742635061326296E066FBE423F7CB48F" xlink:to="lab_dei_WrittenCommunications_742635061326296E066FBE423F7CB48F" xlink:type="arc" />
    <link:label id="lab_dei_SolicitingMaterial_53A422A8EC71D76AABABBE423F7CC6AD_terseLabel_en-US" xlink:label="lab_dei_SolicitingMaterial_53A422A8EC71D76AABABBE423F7CC6AD" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Soliciting Material</link:label>
    <link:label id="lab_dei_SolicitingMaterial_53A422A8EC71D76AABABBE423F7CC6AD_label_en-US" xlink:label="lab_dei_SolicitingMaterial_53A422A8EC71D76AABABBE423F7CC6AD" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Soliciting Material</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_SolicitingMaterial" xlink:label="loc_dei_SolicitingMaterial_53A422A8EC71D76AABABBE423F7CC6AD" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_SolicitingMaterial_53A422A8EC71D76AABABBE423F7CC6AD" xlink:to="lab_dei_SolicitingMaterial_53A422A8EC71D76AABABBE423F7CC6AD" xlink:type="arc" />
    <link:label id="lab_dei_PreCommencementTenderOffer_A9A7E13EF20D0C404825BE423F7CF9B7_terseLabel_en-US" xlink:label="lab_dei_PreCommencementTenderOffer_A9A7E13EF20D0C404825BE423F7CF9B7" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Pre-commencement Tender Offer</link:label>
    <link:label id="lab_dei_PreCommencementTenderOffer_A9A7E13EF20D0C404825BE423F7CF9B7_label_en-US" xlink:label="lab_dei_PreCommencementTenderOffer_A9A7E13EF20D0C404825BE423F7CF9B7" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Pre-commencement Tender Offer</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_PreCommencementTenderOffer" xlink:label="loc_dei_PreCommencementTenderOffer_A9A7E13EF20D0C404825BE423F7CF9B7" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_PreCommencementTenderOffer_A9A7E13EF20D0C404825BE423F7CF9B7" xlink:to="lab_dei_PreCommencementTenderOffer_A9A7E13EF20D0C404825BE423F7CF9B7" xlink:type="arc" />
    <link:label id="lab_dei_PreCommencementIssuerTenderOffer_0D2F5C33E0CEC51C3354BE423F7C90CC_terseLabel_en-US" xlink:label="lab_dei_PreCommencementIssuerTenderOffer_0D2F5C33E0CEC51C3354BE423F7C90CC" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Pre-commencement Issuer Tender Offer</link:label>
    <link:label id="lab_dei_PreCommencementIssuerTenderOffer_0D2F5C33E0CEC51C3354BE423F7C90CC_label_en-US" xlink:label="lab_dei_PreCommencementIssuerTenderOffer_0D2F5C33E0CEC51C3354BE423F7C90CC" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Pre-commencement Issuer Tender Offer</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_PreCommencementIssuerTenderOffer" xlink:label="loc_dei_PreCommencementIssuerTenderOffer_0D2F5C33E0CEC51C3354BE423F7C90CC" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_PreCommencementIssuerTenderOffer_0D2F5C33E0CEC51C3354BE423F7C90CC" xlink:to="lab_dei_PreCommencementIssuerTenderOffer_0D2F5C33E0CEC51C3354BE423F7C90CC" xlink:type="arc" />
    <link:label id="lab_dei_Security12bTitle_501C7AD46D3A73C7FA9FBE423F7C316E_terseLabel_en-US" xlink:label="lab_dei_Security12bTitle_501C7AD46D3A73C7FA9FBE423F7C316E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Title of 12(b) Security</link:label>
    <link:label id="lab_dei_Security12bTitle_501C7AD46D3A73C7FA9FBE423F7C316E_label_en-US" xlink:label="lab_dei_Security12bTitle_501C7AD46D3A73C7FA9FBE423F7C316E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Title of 12(b) Security</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_Security12bTitle" xlink:label="loc_dei_Security12bTitle_501C7AD46D3A73C7FA9FBE423F7C316E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_Security12bTitle_501C7AD46D3A73C7FA9FBE423F7C316E" xlink:to="lab_dei_Security12bTitle_501C7AD46D3A73C7FA9FBE423F7C316E" xlink:type="arc" />
    <link:label id="lab_dei_TradingSymbol_4AD2FA7FE3EDFA2E5C7ABE423F7C427E_terseLabel_en-US" xlink:label="lab_dei_TradingSymbol_4AD2FA7FE3EDFA2E5C7ABE423F7C427E" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Trading Symbol</link:label>
    <link:label id="lab_dei_TradingSymbol_4AD2FA7FE3EDFA2E5C7ABE423F7C427E_label_en-US" xlink:label="lab_dei_TradingSymbol_4AD2FA7FE3EDFA2E5C7ABE423F7C427E" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Trading Symbol</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_TradingSymbol" xlink:label="loc_dei_TradingSymbol_4AD2FA7FE3EDFA2E5C7ABE423F7C427E" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_TradingSymbol_4AD2FA7FE3EDFA2E5C7ABE423F7C427E" xlink:to="lab_dei_TradingSymbol_4AD2FA7FE3EDFA2E5C7ABE423F7C427E" xlink:type="arc" />
    <link:label id="lab_dei_SecurityExchangeName_BBC269E05E002D0B4AC0BE423F7CBE90_terseLabel_en-US" xlink:label="lab_dei_SecurityExchangeName_BBC269E05E002D0B4AC0BE423F7CBE90" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Security Exchange Name</link:label>
    <link:label id="lab_dei_SecurityExchangeName_BBC269E05E002D0B4AC0BE423F7CBE90_label_en-US" xlink:label="lab_dei_SecurityExchangeName_BBC269E05E002D0B4AC0BE423F7CBE90" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Security Exchange Name</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_SecurityExchangeName" xlink:label="loc_dei_SecurityExchangeName_BBC269E05E002D0B4AC0BE423F7CBE90" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_SecurityExchangeName_BBC269E05E002D0B4AC0BE423F7CBE90" xlink:to="lab_dei_SecurityExchangeName_BBC269E05E002D0B4AC0BE423F7CBE90" xlink:type="arc" />
    <link:label id="lab_dei_EntityEmergingGrowthCompany_026BE3C9855ABE610881BE423F7C2105_terseLabel_en-US" xlink:label="lab_dei_EntityEmergingGrowthCompany_026BE3C9855ABE610881BE423F7C2105" xlink:role="http://www.xbrl.org/2003/role/terseLabel" xlink:type="resource" xml:lang="en-US">Entity Emerging Growth Company</link:label>
    <link:label id="lab_dei_EntityEmergingGrowthCompany_026BE3C9855ABE610881BE423F7C2105_label_en-US" xlink:label="lab_dei_EntityEmergingGrowthCompany_026BE3C9855ABE610881BE423F7C2105" xlink:role="http://www.xbrl.org/2003/role/label" xlink:type="resource" xml:lang="en-US">Entity Emerging Growth Company</link:label>
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityEmergingGrowthCompany" xlink:label="loc_dei_EntityEmergingGrowthCompany_026BE3C9855ABE610881BE423F7C2105" xlink:type="locator" />
    <link:labelArc order="1" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="loc_dei_EntityEmergingGrowthCompany_026BE3C9855ABE610881BE423F7C2105" xlink:to="lab_dei_EntityEmergingGrowthCompany_026BE3C9855ABE610881BE423F7C2105" xlink:type="arc" />
  </link:labelLink>
</link:linkbase>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-101.PRE
<SEQUENCE>7
<FILENAME>land-20200630_pre.xml
<DESCRIPTION>XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE DOCUMENT
<TEXT>
<XBRL>
<?xml version="1.0" encoding="US-ASCII"?>
<!--XBRL Document Created with Wdesk from Workiva-->
<!-- -->
<link:linkbase xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd" xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance">
  <link:roleRef roleURI="http://www.gladstoneland.com/role/DocumentAndEntityInformation" xlink:href="land-20200630.xsd#DocumentAndEntityInformation" xlink:type="simple" />
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedLabel" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedLabel" xlink:type="simple" />
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedNetLabel" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedNetLabel" xlink:type="simple" />
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedPeriodEndLabel" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedPeriodEndLabel" xlink:type="simple" />
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedPeriodStartLabel" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedPeriodStartLabel" xlink:type="simple" />
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedTerseLabel" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedTerseLabel" xlink:type="simple" />
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/negatedTotalLabel" xlink:href="http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd#negatedTotalLabel" xlink:type="simple" />
  <link:roleRef roleURI="http://www.xbrl.org/2009/role/netLabel" xlink:href="http://www.xbrl.org/lrr/role/net-2009-12-16.xsd#netLabel" xlink:type="simple" />
  <link:presentationLink xlink:role="http://www.gladstoneland.com/role/DocumentAndEntityInformation" xlink:type="extended">
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_CoverAbstract" xlink:label="loc_dei_CoverAbstract_09923835893E6F089F0ABE423F7CB504" xlink:type="locator" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntitiesTable" xlink:label="loc_dei_EntitiesTable_AF1B019EDF9D4B9414C6BE423F7C7364" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_CoverAbstract_09923835893E6F089F0ABE423F7CB504" xlink:to="loc_dei_EntitiesTable_AF1B019EDF9D4B9414C6BE423F7C7364" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_StatementClassOfStockAxis" xlink:label="loc_us-gaap_StatementClassOfStockAxis_3E9AF016341A029F0BDFBE423F7C0FE7" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntitiesTable_AF1B019EDF9D4B9414C6BE423F7C7364" xlink:to="loc_us-gaap_StatementClassOfStockAxis_3E9AF016341A029F0BDFBE423F7C0FE7" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_ClassOfStockDomain" xlink:label="loc_us-gaap_ClassOfStockDomain_ACEC1DBAD901DA47F07DBE423F7CEE5D" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_StatementClassOfStockAxis_3E9AF016341A029F0BDFBE423F7C0FE7" xlink:to="loc_us-gaap_ClassOfStockDomain_ACEC1DBAD901DA47F07DBE423F7CEE5D" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_CommonStockMember" xlink:label="loc_us-gaap_CommonStockMember_96549CC39A6D66244E28BE423F7C4541" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ClassOfStockDomain_ACEC1DBAD901DA47F07DBE423F7CEE5D" xlink:to="loc_us-gaap_CommonStockMember_96549CC39A6D66244E28BE423F7C4541" xlink:type="arc" />
    <link:loc xlink:href="http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd#us-gaap_SeriesAPreferredStockMember" xlink:label="loc_us-gaap_SeriesAPreferredStockMember_3696C3815FBCEE44C56ABE423F7C03D8" xlink:type="locator" />
    <link:presentationArc order="2" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_us-gaap_ClassOfStockDomain_ACEC1DBAD901DA47F07DBE423F7CEE5D" xlink:to="loc_us-gaap_SeriesAPreferredStockMember_3696C3815FBCEE44C56ABE423F7C03D8" xlink:type="arc" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityInformationLineItems" xlink:label="loc_dei_EntityInformationLineItems_88E68FCD0624214F80A6BE423F7C5BF6" xlink:type="locator" />
    <link:presentationArc order="2" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntitiesTable_AF1B019EDF9D4B9414C6BE423F7C7364" xlink:to="loc_dei_EntityInformationLineItems_88E68FCD0624214F80A6BE423F7C5BF6" xlink:type="arc" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_DocumentType" xlink:label="loc_dei_DocumentType_5E0AAD5BE3BAD8915174BE423F7CA071" xlink:type="locator" />
    <link:presentationArc order="1" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_88E68FCD0624214F80A6BE423F7C5BF6" xlink:to="loc_dei_DocumentType_5E0AAD5BE3BAD8915174BE423F7CA071" xlink:type="arc" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_DocumentPeriodEndDate" xlink:label="loc_dei_DocumentPeriodEndDate_21417420DC3669E45EEBBE423F7C441C" xlink:type="locator" />
    <link:presentationArc order="2" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_88E68FCD0624214F80A6BE423F7C5BF6" xlink:to="loc_dei_DocumentPeriodEndDate_21417420DC3669E45EEBBE423F7C441C" xlink:type="arc" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityRegistrantName" xlink:label="loc_dei_EntityRegistrantName_9C7BE38D47432AAEC012BE423F7C9008" xlink:type="locator" />
    <link:presentationArc order="3" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_88E68FCD0624214F80A6BE423F7C5BF6" xlink:to="loc_dei_EntityRegistrantName_9C7BE38D47432AAEC012BE423F7C9008" xlink:type="arc" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityCentralIndexKey" xlink:label="loc_dei_EntityCentralIndexKey_53E12E4042A7C2A900D8BE423F7C78FF" xlink:type="locator" />
    <link:presentationArc order="4" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_88E68FCD0624214F80A6BE423F7C5BF6" xlink:to="loc_dei_EntityCentralIndexKey_53E12E4042A7C2A900D8BE423F7C78FF" xlink:type="arc" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_AmendmentFlag" xlink:label="loc_dei_AmendmentFlag_2BDA57687DAA519ED9E7BE423F7C7960" xlink:type="locator" />
    <link:presentationArc order="5" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" priority="2" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_88E68FCD0624214F80A6BE423F7C5BF6" xlink:to="loc_dei_AmendmentFlag_2BDA57687DAA519ED9E7BE423F7C7960" xlink:type="arc" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityIncorporationStateCountryCode" xlink:label="loc_dei_EntityIncorporationStateCountryCode_28DDAFF08D21C1729F07BE423F7C8E1E" xlink:type="locator" />
    <link:presentationArc order="6" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_88E68FCD0624214F80A6BE423F7C5BF6" xlink:to="loc_dei_EntityIncorporationStateCountryCode_28DDAFF08D21C1729F07BE423F7C8E1E" xlink:type="arc" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityFileNumber" xlink:label="loc_dei_EntityFileNumber_4A2D846D350DE19E6098BE423F7C5ABF" xlink:type="locator" />
    <link:presentationArc order="7" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_88E68FCD0624214F80A6BE423F7C5BF6" xlink:to="loc_dei_EntityFileNumber_4A2D846D350DE19E6098BE423F7C5ABF" xlink:type="arc" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityTaxIdentificationNumber" xlink:label="loc_dei_EntityTaxIdentificationNumber_DFB7611B90898CF296A1BE423F7CD40C" xlink:type="locator" />
    <link:presentationArc order="8" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_88E68FCD0624214F80A6BE423F7C5BF6" xlink:to="loc_dei_EntityTaxIdentificationNumber_DFB7611B90898CF296A1BE423F7CD40C" xlink:type="arc" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityAddressAddressLine1" xlink:label="loc_dei_EntityAddressAddressLine1_BBAB51BF761A30667936BE423F7C57CC" xlink:type="locator" />
    <link:presentationArc order="9" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_88E68FCD0624214F80A6BE423F7C5BF6" xlink:to="loc_dei_EntityAddressAddressLine1_BBAB51BF761A30667936BE423F7C57CC" xlink:type="arc" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityAddressAddressLine2" xlink:label="loc_dei_EntityAddressAddressLine2_F94019C80F19A2BE595DBE423F7CC4BF" xlink:type="locator" />
    <link:presentationArc order="10" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_88E68FCD0624214F80A6BE423F7C5BF6" xlink:to="loc_dei_EntityAddressAddressLine2_F94019C80F19A2BE595DBE423F7CC4BF" xlink:type="arc" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityAddressCityOrTown" xlink:label="loc_dei_EntityAddressCityOrTown_5F7C4E564DA3250AA400BE423F7CBA45" xlink:type="locator" />
    <link:presentationArc order="11" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_88E68FCD0624214F80A6BE423F7C5BF6" xlink:to="loc_dei_EntityAddressCityOrTown_5F7C4E564DA3250AA400BE423F7CBA45" xlink:type="arc" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityAddressStateOrProvince" xlink:label="loc_dei_EntityAddressStateOrProvince_3FF0414E675C68FD8574BE423F7C4C3B" xlink:type="locator" />
    <link:presentationArc order="12" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_88E68FCD0624214F80A6BE423F7C5BF6" xlink:to="loc_dei_EntityAddressStateOrProvince_3FF0414E675C68FD8574BE423F7C4C3B" xlink:type="arc" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityAddressPostalZipCode" xlink:label="loc_dei_EntityAddressPostalZipCode_C64216BA08D2AA5EA92BBE423F7C758B" xlink:type="locator" />
    <link:presentationArc order="13" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_88E68FCD0624214F80A6BE423F7C5BF6" xlink:to="loc_dei_EntityAddressPostalZipCode_C64216BA08D2AA5EA92BBE423F7C758B" xlink:type="arc" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_CityAreaCode" xlink:label="loc_dei_CityAreaCode_5870EC6AA62BF06859B7BE423F7CE0B7" xlink:type="locator" />
    <link:presentationArc order="14" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_88E68FCD0624214F80A6BE423F7C5BF6" xlink:to="loc_dei_CityAreaCode_5870EC6AA62BF06859B7BE423F7CE0B7" xlink:type="arc" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_LocalPhoneNumber" xlink:label="loc_dei_LocalPhoneNumber_E97866EC13330EDF4B69BE423F7C1FAD" xlink:type="locator" />
    <link:presentationArc order="15" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_88E68FCD0624214F80A6BE423F7C5BF6" xlink:to="loc_dei_LocalPhoneNumber_E97866EC13330EDF4B69BE423F7C1FAD" xlink:type="arc" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_WrittenCommunications" xlink:label="loc_dei_WrittenCommunications_742635061326296E066FBE423F7CB48F" xlink:type="locator" />
    <link:presentationArc order="16" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_88E68FCD0624214F80A6BE423F7C5BF6" xlink:to="loc_dei_WrittenCommunications_742635061326296E066FBE423F7CB48F" xlink:type="arc" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_SolicitingMaterial" xlink:label="loc_dei_SolicitingMaterial_53A422A8EC71D76AABABBE423F7CC6AD" xlink:type="locator" />
    <link:presentationArc order="17" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_88E68FCD0624214F80A6BE423F7C5BF6" xlink:to="loc_dei_SolicitingMaterial_53A422A8EC71D76AABABBE423F7CC6AD" xlink:type="arc" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_PreCommencementTenderOffer" xlink:label="loc_dei_PreCommencementTenderOffer_A9A7E13EF20D0C404825BE423F7CF9B7" xlink:type="locator" />
    <link:presentationArc order="18" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_88E68FCD0624214F80A6BE423F7C5BF6" xlink:to="loc_dei_PreCommencementTenderOffer_A9A7E13EF20D0C404825BE423F7CF9B7" xlink:type="arc" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_PreCommencementIssuerTenderOffer" xlink:label="loc_dei_PreCommencementIssuerTenderOffer_0D2F5C33E0CEC51C3354BE423F7C90CC" xlink:type="locator" />
    <link:presentationArc order="19" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_88E68FCD0624214F80A6BE423F7C5BF6" xlink:to="loc_dei_PreCommencementIssuerTenderOffer_0D2F5C33E0CEC51C3354BE423F7C90CC" xlink:type="arc" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_Security12bTitle" xlink:label="loc_dei_Security12bTitle_501C7AD46D3A73C7FA9FBE423F7C316E" xlink:type="locator" />
    <link:presentationArc order="20" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_88E68FCD0624214F80A6BE423F7C5BF6" xlink:to="loc_dei_Security12bTitle_501C7AD46D3A73C7FA9FBE423F7C316E" xlink:type="arc" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_TradingSymbol" xlink:label="loc_dei_TradingSymbol_4AD2FA7FE3EDFA2E5C7ABE423F7C427E" xlink:type="locator" />
    <link:presentationArc order="21" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_88E68FCD0624214F80A6BE423F7C5BF6" xlink:to="loc_dei_TradingSymbol_4AD2FA7FE3EDFA2E5C7ABE423F7C427E" xlink:type="arc" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_SecurityExchangeName" xlink:label="loc_dei_SecurityExchangeName_BBC269E05E002D0B4AC0BE423F7CBE90" xlink:type="locator" />
    <link:presentationArc order="22" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_88E68FCD0624214F80A6BE423F7C5BF6" xlink:to="loc_dei_SecurityExchangeName_BBC269E05E002D0B4AC0BE423F7CBE90" xlink:type="arc" />
    <link:loc xlink:href="https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd#dei_EntityEmergingGrowthCompany" xlink:label="loc_dei_EntityEmergingGrowthCompany_026BE3C9855ABE610881BE423F7C2105" xlink:type="locator" />
    <link:presentationArc order="23" preferredLabel="http://www.xbrl.org/2003/role/terseLabel" xlink:arcrole="http://www.xbrl.org/2003/arcrole/parent-child" xlink:from="loc_dei_EntityInformationLineItems_88E68FCD0624214F80A6BE423F7C5BF6" xlink:to="loc_dei_EntityEmergingGrowthCompany_026BE3C9855ABE610881BE423F7C2105" xlink:type="arc" />
  </link:presentationLink>
</link:linkbase>
</XBRL>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>8
<FILENAME>land063020208kcoverpage_htm.xml
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<XML>
<?xml version="1.0" encoding="utf-8"?>
<xbrl
  xmlns="http://www.xbrl.org/2003/instance"
  xmlns:dei="http://xbrl.sec.gov/dei/2019-01-31"
  xmlns:link="http://www.xbrl.org/2003/linkbase"
  xmlns:us-gaap="http://fasb.org/us-gaap/2020-01-31"
  xmlns:xbrldi="http://xbrl.org/2006/xbrldi"
  xmlns:xlink="http://www.w3.org/1999/xlink">
    <link:schemaRef xlink:href="land-20200630.xsd" xlink:type="simple"/>
    <context id="D2020Q3Aug5">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001495240</identifier>
        </entity>
        <period>
            <startDate>2020-08-05</startDate>
            <endDate>2020-08-05</endDate>
        </period>
    </context>
    <context id="D2020Q3Aug5_us-gaap_StatementClassOfStockAxis_us-gaap_CommonStockMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001495240</identifier>
            <segment>
                <xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis">us-gaap:CommonStockMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2020-08-05</startDate>
            <endDate>2020-08-05</endDate>
        </period>
    </context>
    <context id="D2020Q3Aug5_us-gaap_StatementClassOfStockAxis_us-gaap_SeriesAPreferredStockMember">
        <entity>
            <identifier scheme="http://www.sec.gov/CIK">0001495240</identifier>
            <segment>
                <xbrldi:explicitMember dimension="us-gaap:StatementClassOfStockAxis">us-gaap:SeriesAPreferredStockMember</xbrldi:explicitMember>
            </segment>
        </entity>
        <period>
            <startDate>2020-08-05</startDate>
            <endDate>2020-08-05</endDate>
        </period>
    </context>
    <dei:AmendmentFlag
      contextRef="D2020Q3Aug5"
      id="Fact-F764F5353F046B99E43AB5023A47F7D8-wk-Fact-F764F5353F046B99E43AB5023A47F7D8">false</dei:AmendmentFlag>
    <dei:EntityCentralIndexKey
      contextRef="D2020Q3Aug5"
      id="Fact-547464BE27C666BA91AEB502092F52A3-wk-Fact-547464BE27C666BA91AEB502092F52A3">0001495240</dei:EntityCentralIndexKey>
    <dei:DocumentType
      contextRef="D2020Q3Aug5"
      id="d11127075e67-wk-Fact-DB19E966C0594EB1E136B4F9F65D3E01">8-K</dei:DocumentType>
    <dei:DocumentPeriodEndDate
      contextRef="D2020Q3Aug5"
      id="d11127075e84-wk-Fact-7D5FB0A8820F330D1B0AB4FA904BF536">2020-08-05</dei:DocumentPeriodEndDate>
    <dei:EntityRegistrantName
      contextRef="D2020Q3Aug5"
      id="d11127075e89-wk-Fact-3B45DA6B13FCC2B0652EBE426477B942">GLADSTONE LAND CORP</dei:EntityRegistrantName>
    <dei:EntityIncorporationStateCountryCode
      contextRef="D2020Q3Aug5"
      id="d11127075e112-wk-Fact-CA4F2DE4BA4EF4F5F44EB4FB4FDA0D4D">MD</dei:EntityIncorporationStateCountryCode>
    <dei:EntityFileNumber
      contextRef="D2020Q3Aug5"
      id="d11127075e117-wk-Fact-4251CA72D5DCC4409918B4FB643A3017">001-35795</dei:EntityFileNumber>
    <dei:EntityTaxIdentificationNumber
      contextRef="D2020Q3Aug5"
      id="d11127075e122-wk-Fact-17B988BED21CFBD96965B4FBACB2EBF8">54-1892552</dei:EntityTaxIdentificationNumber>
    <dei:EntityAddressAddressLine1
      contextRef="D2020Q3Aug5"
      id="d11127075e145-wk-Fact-B573579349B7CC44EF10B4FBDD2B2662">1521 Westbranch Drive</dei:EntityAddressAddressLine1>
    <dei:EntityAddressAddressLine2
      contextRef="D2020Q3Aug5"
      id="d11127075e150-wk-Fact-508A4FA8F46EB952F7A7B4FBEE6D2951">Suite 100</dei:EntityAddressAddressLine2>
    <dei:EntityAddressCityOrTown
      contextRef="D2020Q3Aug5"
      id="d11127075e155-wk-Fact-BF4EE22DE7F18B1B2299B4FC00C60CA1">McLean</dei:EntityAddressCityOrTown>
    <dei:EntityAddressStateOrProvince
      contextRef="D2020Q3Aug5"
      id="d11127075e160-wk-Fact-1DCFA422FCF5B893BFAEB4FC110D6E00">VA</dei:EntityAddressStateOrProvince>
    <dei:EntityAddressPostalZipCode
      contextRef="D2020Q3Aug5"
      id="d11127075e165-wk-Fact-D410FB4188013BF35870B4FC2B01626C">22102</dei:EntityAddressPostalZipCode>
    <dei:CityAreaCode
      contextRef="D2020Q3Aug5"
      id="d11127075e176-wk-Fact-50899E7B779033289A31B4FC712B6F8D">703</dei:CityAreaCode>
    <dei:LocalPhoneNumber
      contextRef="D2020Q3Aug5"
      id="d11127075e181-wk-Fact-6C8B424874DA717D53B0B4FC9511A292">287-5800</dei:LocalPhoneNumber>
    <dei:WrittenCommunications
      contextRef="D2020Q3Aug5"
      id="d11127075e219-wk-Fact-C0F1318CC44D54DB76F3B500B734F003">false</dei:WrittenCommunications>
    <dei:SolicitingMaterial
      contextRef="D2020Q3Aug5"
      id="d11127075e230-wk-Fact-C9B1D8E17E9A35D523E6B500CCA47EC8">false</dei:SolicitingMaterial>
    <dei:PreCommencementTenderOffer
      contextRef="D2020Q3Aug5"
      id="d11127075e241-wk-Fact-3C14D411BF271576A122B500DD473296">false</dei:PreCommencementTenderOffer>
    <dei:PreCommencementIssuerTenderOffer
      contextRef="D2020Q3Aug5"
      id="d11127075e252-wk-Fact-6825CFBED74B5247D431B500F0599871">false</dei:PreCommencementIssuerTenderOffer>
    <dei:Security12bTitle
      contextRef="D2020Q3Aug5_us-gaap_StatementClassOfStockAxis_us-gaap_CommonStockMember"
      id="d11127075e305-wk-Fact-0EFFEC12567C9A9EF3C2B4FD71B555FB">Common stock, $0.001 par value per share</dei:Security12bTitle>
    <dei:TradingSymbol
      contextRef="D2020Q3Aug5_us-gaap_StatementClassOfStockAxis_us-gaap_CommonStockMember"
      id="d11127075e315-wk-Fact-68526C0F6644B9A2738EB4FD861AAF7E">LAND</dei:TradingSymbol>
    <dei:SecurityExchangeName
      contextRef="D2020Q3Aug5_us-gaap_StatementClassOfStockAxis_us-gaap_CommonStockMember"
      id="d11127075e325-wk-Fact-60D336B21B15EE39D6ABB4FD9D16319C">NASDAQ</dei:SecurityExchangeName>
    <dei:Security12bTitle
      contextRef="D2020Q3Aug5_us-gaap_StatementClassOfStockAxis_us-gaap_SeriesAPreferredStockMember"
      id="d11127075e331-wk-Fact-D79A09E4A6A215A1FCF5B4FD71EFC1B8">6.375% Series A Cumulative Term Preferred Stock, $0.001 par value per share</dei:Security12bTitle>
    <dei:TradingSymbol
      contextRef="D2020Q3Aug5_us-gaap_StatementClassOfStockAxis_us-gaap_SeriesAPreferredStockMember"
      id="d11127075e341-wk-Fact-29EAC92AE1B4FC10B6AEB4FD85D73616">LANDP</dei:TradingSymbol>
    <dei:SecurityExchangeName
      contextRef="D2020Q3Aug5_us-gaap_StatementClassOfStockAxis_us-gaap_SeriesAPreferredStockMember"
      id="d11127075e351-wk-Fact-8CC56E5EB30F52EDE46BB4FD9D1D3C95">NASDAQ</dei:SecurityExchangeName>
    <dei:EntityEmergingGrowthCompany
      contextRef="D2020Q3Aug5"
      id="d11127075e361-wk-Fact-B69A46D3F1F2488D41A7B4FEE9365A62">false</dei:EntityEmergingGrowthCompany>
</xbrl>
</XML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>9
<FILENAME>R1.htm
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<html>
<head>
<title></title>
<link rel="stylesheet" type="text/css" href="report.css">
<script type="text/javascript" src="Show.js">/* Do Not Remove This Comment */</script><script type="text/javascript">
							function toggleNextSibling (e) {
							if (e.nextSibling.style.display=='none') {
							e.nextSibling.style.display='block';
							} else { e.nextSibling.style.display='none'; }
							}</script>
</head>
<body>
<span style="display: none;">v3.20.2</span><table class="report" border="0" cellspacing="2" id="idm139765226561656">
<tr>
<th class="tl" colspan="1" rowspan="1"><div style="width: 200px;"><strong>Document and Entity Information<br></strong></div></th>
<th class="th"><div>Aug. 05, 2020</div></th>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityInformationLineItems', window );"><strong>Entity Information [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_DocumentType', window );">Document Type</a></td>
<td class="text">8-K<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_DocumentPeriodEndDate', window );">Document Period End Date</a></td>
<td class="text">Aug.  05,  2020<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityRegistrantName', window );">Entity Registrant Name</a></td>
<td class="text">GLADSTONE LAND CORP<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityCentralIndexKey', window );">Entity Central Index Key</a></td>
<td class="text">0001495240<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_AmendmentFlag', window );">Amendment Flag</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityIncorporationStateCountryCode', window );">Entity Incorporation, State or Country Code</a></td>
<td class="text">MD<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityFileNumber', window );">Entity File Number</a></td>
<td class="text">001-35795<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityTaxIdentificationNumber', window );">Entity Tax Identification Number</a></td>
<td class="text">54-1892552<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityAddressAddressLine1', window );">Entity Address, Address Line One</a></td>
<td class="text">1521 Westbranch Drive<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityAddressAddressLine2', window );">Entity Address, Address Line Two</a></td>
<td class="text">Suite 100<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityAddressCityOrTown', window );">Entity Address, City or Town</a></td>
<td class="text">McLean<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityAddressStateOrProvince', window );">Entity Address, State or Province</a></td>
<td class="text">VA<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityAddressPostalZipCode', window );">Entity Address, Postal Zip Code</a></td>
<td class="text">22102<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_CityAreaCode', window );">City Area Code</a></td>
<td class="text">703<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_LocalPhoneNumber', window );">Local Phone Number</a></td>
<td class="text">287-5800<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_WrittenCommunications', window );">Written Communications</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_SolicitingMaterial', window );">Soliciting Material</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_PreCommencementTenderOffer', window );">Pre-commencement Tender Offer</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_PreCommencementIssuerTenderOffer', window );">Pre-commencement Issuer Tender Offer</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityEmergingGrowthCompany', window );">Entity Emerging Growth Company</a></td>
<td class="text">false<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementClassOfStockAxis=us-gaap_CommonStockMember', window );">Common Stock</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityInformationLineItems', window );"><strong>Entity Information [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_Security12bTitle', window );">Title of 12(b) Security</a></td>
<td class="text">Common stock, $0.001 par value per share<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_TradingSymbol', window );">Trading Symbol</a></td>
<td class="text">LAND<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_SecurityExchangeName', window );">Security Exchange Name</a></td>
<td class="text">NASDAQ<span></span>
</td>
</tr>
<tr class="rh">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_us-gaap_StatementClassOfStockAxis=us-gaap_SeriesAPreferredStockMember', window );">Series A Preferred Stock</a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_EntityInformationLineItems', window );"><strong>Entity Information [Line Items]</strong></a></td>
<td class="text">&#160;<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_Security12bTitle', window );">Title of 12(b) Security</a></td>
<td class="text">6.375% Series A Cumulative Term Preferred Stock, $0.001 par value per share<span></span>
</td>
</tr>
<tr class="ro">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_TradingSymbol', window );">Trading Symbol</a></td>
<td class="text">LANDP<span></span>
</td>
</tr>
<tr class="re">
<td class="pl " style="border-bottom: 0px;" valign="top"><a class="a" href="javascript:void(0);" onclick="top.Show.showAR( this, 'defref_dei_SecurityExchangeName', window );">Security Exchange Name</a></td>
<td class="text">NASDAQ<span></span>
</td>
</tr>
</table>
<div style="display: none;">
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_AmendmentFlag">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_AmendmentFlag</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_CityAreaCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Area code of city</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_CityAreaCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentPeriodEndDate">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The end date of the period reflected on the cover page if a periodic report. For all other reports and registration statements containing historical data, it is the date up through which that historical data is presented.  If there is no historical data in the report, use the filing date. The format of the date is CCYY-MM-DD.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentPeriodEndDate</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:dateItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_DocumentType">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_DocumentType</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:submissionTypeItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressAddressLine1">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Address Line 1 such as Attn, Building Name, Street Name</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressAddressLine1</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressAddressLine2">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Address Line 2 such as Street or Suite number</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressAddressLine2</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressCityOrTown">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Name of the City or Town</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressCityOrTown</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressPostalZipCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Code for the postal or zip code</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressPostalZipCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityAddressStateOrProvince">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Name of the state or province.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityAddressStateOrProvince</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:stateOrProvinceItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityCentralIndexKey">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Regulation 12B<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityCentralIndexKey</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:centralIndexKeyItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityEmergingGrowthCompany">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Indicate if registrant meets the emerging growth company criteria.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Regulation 12B<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityEmergingGrowthCompany</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityFileNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityFileNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:fileNumberItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityIncorporationStateCountryCode">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Two-character EDGAR code representing the state or country of incorporation.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityIncorporationStateCountryCode</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:edgarStateCountryItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityInformationLineItems">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityInformationLineItems</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:stringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityRegistrantName">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Regulation 12B<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityRegistrantName</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_EntityTaxIdentificationNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Regulation 12B<br> -Number 240<br> -Section 12<br> -Subsection b-2<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_EntityTaxIdentificationNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:employerIdItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_LocalPhoneNumber">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Local phone number for entity.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_LocalPhoneNumber</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:normalizedStringItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_PreCommencementIssuerTenderOffer">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 13e<br> -Subsection 4c<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_PreCommencementIssuerTenderOffer</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_PreCommencementTenderOffer">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 14d<br> -Subsection 2b<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_PreCommencementTenderOffer</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_Security12bTitle">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Title of a 12(b) registered security.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection b<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_Security12bTitle</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:securityTitleItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_SecurityExchangeName">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Name of the Exchange on which a security is registered.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Number 240<br> -Section 12<br> -Subsection d1-1<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_SecurityExchangeName</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:edgarExchangeCodeItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_SolicitingMaterial">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Exchange Act<br> -Section 14a<br> -Number 240<br> -Subsection 12<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_SolicitingMaterial</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_TradingSymbol">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Trading symbol of an instrument as listed on an exchange.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>No definition available.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_TradingSymbol</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>dei:tradingSymbolItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_dei_WrittenCommunications">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Definition</a><div><p>Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.</p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ References</a><div style="display: none;"><p>Reference 1: http://www.xbrl.org/2003/role/presentationRef<br> -Publisher SEC<br> -Name Securities Act<br> -Number 230<br> -Section 425<br></p></div>
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">+ Details</a><div style="display: none;"><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">dei_WrittenCommunications</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td>dei_</td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>xbrli:booleanItemType</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td>duration</td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementClassOfStockAxis=us-gaap_CommonStockMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StatementClassOfStockAxis=us-gaap_CommonStockMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
<table border="0" cellpadding="0" cellspacing="0" class="authRefData" style="display: none;" id="defref_us-gaap_StatementClassOfStockAxis=us-gaap_SeriesAPreferredStockMember">
<tr><td class="hide"><a style="color: white;" href="javascript:void(0);" onclick="top.Show.hideAR();">X</a></td></tr>
<tr><td><div class="body" style="padding: 2px;">
<a href="javascript:void(0);" onclick="top.Show.toggleNext( this );">- Details</a><div><table border="0" cellpadding="0" cellspacing="0">
<tr>
<td><strong> Name:</strong></td>
<td style="white-space:nowrap;">us-gaap_StatementClassOfStockAxis=us-gaap_SeriesAPreferredStockMember</td>
</tr>
<tr>
<td style="padding-right: 4px;white-space:nowrap;"><strong> Namespace Prefix:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Data Type:</strong></td>
<td>na</td>
</tr>
<tr>
<td><strong> Balance Type:</strong></td>
<td></td>
</tr>
<tr>
<td><strong> Period Type:</strong></td>
<td></td>
</tr>
</table></div>
</div></td></tr>
</table>
</div>
</body>
</html>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EXCEL
<SEQUENCE>10
<FILENAME>Financial_Report.xlsx
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
begin 644 Financial_Report.xlsx
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ME'T:U.Q!T=6B-<")U&9E9A3<%=#.#,8RS"'(AK T(E>I$>:53-)MMB%J?<?
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M8H?X6R[E/R56U'LHI-P,IC02168Y(CC]X,%</),O4F2)SY/U#EO'IR2]H_N
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MCVG.D4*NU"P>-8?20$3;8T.P6BP^0"X99K>]9!:G<Z17B%S7G:4]VR]/06^
MKSI,<4)I2$LS#O#-TG\R]_,,-47E2B.56QIXT^7^=N!)T:$B6!::1<G3HAVE
M?QW']I#3Z:]C(K1Z6^CY<6A4"H[<8R6,<6*T_C6"R0_L?@!02P,$%     @
M9H$%41PX9>H_ 0  / (   \   !X;"]W;W)K8F]O:RYX;6R-4<MNPD ,_)75
M?D 34(M41+B4/I"J%I6*^Y)UB,4^(J\#+5]?)U%4I%YZ\GILC6=F%^=(QWV,
M1_7E74B%KIF;>9:EL@9OTDUL(,BDBN0-2TN'+#4$QJ8:@+W+IGD^R[S!H)>+
MD6M#V743&4K&& 3L@!W".?W.NU:=,.$>'?)WH?NW ZT\!O1X 5OH7*M4Q_-+
M)+S$P,9M2XK.%7HR#'9 C.4?>-N)_#3[U"-L]A]&A!1ZE@MAA92XW^CYC6@\
M@2P/7<OQ"1T#K0S#,\6VP7#H:,1%=F6CSV&L0XAS^D^,L:JPA%4L6P^!AQP)
M7"<PI!J;I%4P'@H]KB@3K'H,+"&I=1BH9+=S*J?7=G#-(O<J0YJC#&AM!^&C
M6@L5!K!O<B )+LF5&U)=Z7FFMW>3>TFH=>Y!L/?P&HT=S8\?M_P!4$L#!!0
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ML;S63AI_YHOA/UY_ 5!+ 0(4 Q0    ( &:!!5$'04UB@0   +$    0
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M#0T  'AL+W-T>6QE<RYX;6Q02P$"% ,4    " !F@051EXJ[',     3 @
M"P              @ $,#P  7W)E;',O+G)E;'-02P$"% ,4    " !F@051
M'#AEZC\!   \ @  #P              @ 'U#P  >&PO=V]R:V)O;VLN>&UL
M4$L! A0#%     @ 9H$%420>FZ*M    ^ $  !H              ( !81$
M 'AL+U]R96QS+W=O<FMB;V]K+GAM;"YR96QS4$L! A0#%     @ 9H$%4660
M>9(9 0  SP,  !,              ( !1A(  %M#;VYT96YT7U1Y<&5S72YX
8;6Q02P4&      D "0 ^ @  D!,

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>11
<FILENAME>Show.js
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
// Edgar(tm) Renderer was created by staff of the U.S. Securities and Exchange Commission.  Data and content created by government employees within the scope of their employment are not subject to domestic copyright protection. 17 U.S.C. 105.
var Show={};Show.LastAR=null,Show.showAR=function(a,r,w){if(Show.LastAR)Show.hideAR();var e=a;while(e&&e.nodeName!='TABLE')e=e.nextSibling;if(!e||e.nodeName!='TABLE'){var ref=((window)?w.document:document).getElementById(r);if(ref){e=ref.cloneNode(!0);
e.removeAttribute('id');a.parentNode.appendChild(e)}}
if(e)e.style.display='block';Show.LastAR=e};Show.hideAR=function(){Show.LastAR.style.display='none'};Show.toggleNext=function(a){var e=a;while(e.nodeName!='DIV')e=e.nextSibling;if(!e.style){}else if(!e.style.display){}else{var d,p_;if(e.style.display=='none'){d='block';p='-'}else{d='none';p='+'}
e.style.display=d;if(a.textContent){a.textContent=p+a.textContent.substring(1)}else{a.innerText=p+a.innerText.substring(1)}}}
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>12
<FILENAME>report.css
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
/* Updated 2009-11-04 */
/* v2.2.0.24 */

/* DefRef Styles */
..report table.authRefData{
	background-color: #def;
	border: 2px solid #2F4497;
	font-size: 1em;
	position: absolute;
}

..report table.authRefData a {
	display: block;
	font-weight: bold;
}

..report table.authRefData p {
	margin-top: 0px;
}

..report table.authRefData .hide {
	background-color: #2F4497;
	padding: 1px 3px 0px 0px;
	text-align: right;
}

..report table.authRefData .hide a:hover {
	background-color: #2F4497;
}

..report table.authRefData .body {
	height: 150px;
	overflow: auto;
	width: 400px;
}

..report table.authRefData table{
	font-size: 1em;
}

/* Report Styles */
..pl a, .pl a:visited {
	color: black;
	text-decoration: none;
}

/* table */
..report {
	background-color: white;
	border: 2px solid #acf;
	clear: both;
	color: black;
	font: normal 8pt Helvetica, Arial, san-serif;
	margin-bottom: 2em;
}

..report hr {
	border: 1px solid #acf;
}

/* Top labels */
..report th {
	background-color: #acf;
	color: black;
	font-weight: bold;
	text-align: center;
}

..report th.void	{
	background-color: transparent;
	color: #000000;
	font: bold 10pt Helvetica, Arial, san-serif;
	text-align: left;
}

..report .pl {
	text-align: left;
	vertical-align: top;
	white-space: normal;
	width: 200px;
	white-space: normal; /* word-wrap: break-word; */
}

..report td.pl a.a {
	cursor: pointer;
	display: block;
	width: 200px;
	overflow: hidden;
}

..report td.pl div.a {
	width: 200px;
}

..report td.pl a:hover {
	background-color: #ffc;
}

/* Header rows... */
..report tr.rh {
	background-color: #acf;
	color: black;
	font-weight: bold;
}

/* Calendars... */
..report .rc {
	background-color: #f0f0f0;
}

/* Even rows... */
..report .re, .report .reu {
	background-color: #def;
}

..report .reu td {
	border-bottom: 1px solid black;
}

/* Odd rows... */
..report .ro, .report .rou {
	background-color: white;
}

..report .rou td {
	border-bottom: 1px solid black;
}

..report .rou table td, .report .reu table td {
	border-bottom: 0px solid black;
}

/* styles for footnote marker */
..report .fn {
	white-space: nowrap;
}

/* styles for numeric types */
..report .num, .report .nump {
	text-align: right;
	white-space: nowrap;
}

..report .nump {
	padding-left: 2em;
}

..report .nump {
	padding: 0px 0.4em 0px 2em;
}

/* styles for text types */
..report .text {
	text-align: left;
	white-space: normal;
}

..report .text .big {
	margin-bottom: 1em;
	width: 17em;
}

..report .text .more {
	display: none;
}

..report .text .note {
	font-style: italic;
	font-weight: bold;
}

..report .text .small {
	width: 10em;
}

..report sup {
	font-style: italic;
}

..report .outerFootnotes {
	font-size: 1em;
}
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>XML
<SEQUENCE>13
<FILENAME>FilingSummary.xml
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
<XML>
<?xml version='1.0' encoding='utf-8'?>
<FilingSummary>
  <Version>3.20.2</Version>
  <ProcessingTime/>
  <ReportFormat>html</ReportFormat>
  <ContextCount>3</ContextCount>
  <ElementCount>95</ElementCount>
  <EntityCount>1</EntityCount>
  <FootnotesReported>false</FootnotesReported>
  <SegmentCount>2</SegmentCount>
  <ScenarioCount>0</ScenarioCount>
  <TuplesReported>false</TuplesReported>
  <UnitCount>0</UnitCount>
  <MyReports>
    <Report instance="land063020208kcoverpage.htm">
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <HtmlFileName>R1.htm</HtmlFileName>
      <LongName>0001000 - Document - Document and Entity Information</LongName>
      <ReportType>Sheet</ReportType>
      <Role>http://www.gladstoneland.com/role/DocumentAndEntityInformation</Role>
      <ShortName>Document and Entity Information</ShortName>
      <MenuCategory>Cover</MenuCategory>
      <Position>1</Position>
    </Report>
    <Report>
      <IsDefault>false</IsDefault>
      <HasEmbeddedReports>false</HasEmbeddedReports>
      <LongName>All Reports</LongName>
      <ReportType>Book</ReportType>
      <ShortName>All Reports</ShortName>
    </Report>
  </MyReports>
  <InputFiles>
    <File doctype="8-K" original="land063020208kcoverpage.htm">land063020208kcoverpage.htm</File>
    <File>land-20200630.xsd</File>
    <File>land-20200630_cal.xml</File>
    <File>land-20200630_def.xml</File>
    <File>land-20200630_lab.xml</File>
    <File>land-20200630_pre.xml</File>
    <File>land063020208kexh991.htm</File>
  </InputFiles>
  <SupplementalFiles/>
  <BaseTaxonomies>
    <BaseTaxonomy>http://fasb.org/us-gaap/2020-01-31</BaseTaxonomy>
    <BaseTaxonomy>http://xbrl.sec.gov/dei/2019-01-31</BaseTaxonomy>
  </BaseTaxonomies>
  <HasPresentationLinkbase>true</HasPresentationLinkbase>
  <HasCalculationLinkbase>true</HasCalculationLinkbase>
</FilingSummary>
</XML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>JSON
<SEQUENCE>15
<FILENAME>MetaLinks.json
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
{
 "instance": {
  "land063020208kcoverpage.htm": {
   "axisCustom": 0,
   "axisStandard": 1,
   "contextCount": 3,
   "dts": {
    "calculationLink": {
     "local": [
      "land-20200630_cal.xml"
     ]
    },
    "definitionLink": {
     "local": [
      "land-20200630_def.xml"
     ],
     "remote": [
      "http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-eedm-def-2020-01-31.xml",
      "http://xbrl.fasb.org/srt/2020/elts/srt-eedm1-def-2020-01-31.xml"
     ]
    },
    "inline": {
     "local": [
      "land063020208kcoverpage.htm"
     ]
    },
    "labelLink": {
     "local": [
      "land-20200630_lab.xml"
     ],
     "remote": [
      "https://xbrl.sec.gov/dei/2019/dei-doc-2019-01-31.xml"
     ]
    },
    "presentationLink": {
     "local": [
      "land-20200630_pre.xml"
     ]
    },
    "referenceLink": {
     "remote": [
      "https://xbrl.sec.gov/dei/2019/dei-ref-2019-01-31.xml"
     ]
    },
    "schema": {
     "local": [
      "land-20200630.xsd"
     ],
     "remote": [
      "http://xbrl.fasb.org/srt/2020/elts/srt-types-2020-01-31.xsd",
      "http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd",
      "http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd",
      "http://www.xbrl.org/2003/xl-2003-12-31.xsd",
      "http://www.xbrl.org/2003/xlink-2003-12-31.xsd",
      "http://www.xbrl.org/dtr/type/numeric-2009-12-16.xsd",
      "http://www.xbrl.org/dtr/type/nonNumeric-2009-12-16.xsd",
      "http://www.xbrl.org/2006/ref-2006-02-27.xsd",
      "http://xbrl.fasb.org/srt/2020/elts/srt-2020-01-31.xsd",
      "http://www.xbrl.org/2005/xbrldt-2005.xsd",
      "http://xbrl.fasb.org/us-gaap/2020/elts/us-gaap-2020-01-31.xsd",
      "http://xbrl.fasb.org/us-gaap/2020/elts/us-roles-2020-01-31.xsd",
      "http://xbrl.fasb.org/srt/2020/elts/srt-roles-2020-01-31.xsd",
      "https://xbrl.sec.gov/country/2020/country-2020-01-31.xsd",
      "http://xbrl.fasb.org/us-gaap/2020/elts/us-types-2020-01-31.xsd",
      "http://www.xbrl.org/lrr/arcrole/factExplanatory-2009-12-16.xsd",
      "http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd",
      "http://www.xbrl.org/lrr/role/net-2009-12-16.xsd",
      "https://xbrl.sec.gov/currency/2020/currency-2020-01-31.xsd",
      "https://xbrl.sec.gov/dei/2019/dei-2019-01-31.xsd",
      "https://xbrl.sec.gov/exch/2020/exch-2020-01-31.xsd",
      "http://xbrl.sec.gov/naics/2017/naics-2017-01-31.xsd",
      "https://xbrl.sec.gov/sic/2020/sic-2020-01-31.xsd",
      "https://xbrl.sec.gov/stpr/2018/stpr-2018-01-31.xsd",
      "http://www.xbrl.org/lrr/role/deprecated-2009-12-16.xsd"
     ]
    }
   },
   "elementCount": 30,
   "entityCount": 1,
   "hidden": {
    "http://xbrl.sec.gov/dei/2019-01-31": 2,
    "total": 2
   },
   "keyCustom": 0,
   "keyStandard": 95,
   "memberCustom": 0,
   "memberStandard": 2,
   "nsprefix": "land",
   "nsuri": "http://www.gladstoneland.com/20200630",
   "report": {
    "R1": {
     "firstAnchor": {
      "ancestors": [
       "span",
       "div",
       "div",
       "body",
       "html"
      ],
      "baseRef": "land063020208kcoverpage.htm",
      "contextRef": "D2020Q3Aug5",
      "decimals": null,
      "first": true,
      "lang": "en-US",
      "name": "dei:DocumentType",
      "reportCount": 1,
      "unique": true,
      "unitRef": null,
      "xsiNil": "false"
     },
     "groupType": "document",
     "isDefault": "true",
     "longName": "0001000 - Document - Document and Entity Information",
     "role": "http://www.gladstoneland.com/role/DocumentAndEntityInformation",
     "shortName": "Document and Entity Information",
     "subGroupType": "",
     "uniqueAnchor": {
      "ancestors": [
       "span",
       "div",
       "div",
       "body",
       "html"
      ],
      "baseRef": "land063020208kcoverpage.htm",
      "contextRef": "D2020Q3Aug5",
      "decimals": null,
      "first": true,
      "lang": "en-US",
      "name": "dei:DocumentType",
      "reportCount": 1,
      "unique": true,
      "unitRef": null,
      "xsiNil": "false"
     }
    }
   },
   "segmentCount": 2,
   "tag": {
    "dei_AmendmentFlag": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.",
        "label": "Amendment Flag",
        "terseLabel": "Amendment Flag"
       }
      }
     },
     "localname": "AmendmentFlag",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://www.gladstoneland.com/role/DocumentAndEntityInformation"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_CityAreaCode": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Area code of city",
        "label": "City Area Code",
        "terseLabel": "City Area Code"
       }
      }
     },
     "localname": "CityAreaCode",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://www.gladstoneland.com/role/DocumentAndEntityInformation"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_CoverAbstract": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Cover page.",
        "label": "Cover [Abstract]"
       }
      }
     },
     "localname": "CoverAbstract",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "xbrltype": "stringItemType"
    },
    "dei_DocumentPeriodEndDate": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "The end date of the period reflected on the cover page if a periodic report. For all other reports and registration statements containing historical data, it is the date up through which that historical data is presented.  If there is no historical data in the report, use the filing date. The format of the date is CCYY-MM-DD.",
        "label": "Document Period End Date",
        "terseLabel": "Document Period End Date"
       }
      }
     },
     "localname": "DocumentPeriodEndDate",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://www.gladstoneland.com/role/DocumentAndEntityInformation"
     ],
     "xbrltype": "dateItemType"
    },
    "dei_DocumentType": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.",
        "label": "Document Type",
        "terseLabel": "Document Type"
       }
      }
     },
     "localname": "DocumentType",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://www.gladstoneland.com/role/DocumentAndEntityInformation"
     ],
     "xbrltype": "submissionTypeItemType"
    },
    "dei_EntitiesTable": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Container to assemble all relevant information about each entity associated with the document instance",
        "label": "Entities [Table]",
        "terseLabel": "Entities [Table]"
       }
      }
     },
     "localname": "EntitiesTable",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://www.gladstoneland.com/role/DocumentAndEntityInformation"
     ],
     "xbrltype": "stringItemType"
    },
    "dei_EntityAddressAddressLine1": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Address Line 1 such as Attn, Building Name, Street Name",
        "label": "Entity Address, Address Line One",
        "terseLabel": "Entity Address, Address Line One"
       }
      }
     },
     "localname": "EntityAddressAddressLine1",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://www.gladstoneland.com/role/DocumentAndEntityInformation"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_EntityAddressAddressLine2": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Address Line 2 such as Street or Suite number",
        "label": "Entity Address, Address Line Two",
        "terseLabel": "Entity Address, Address Line Two"
       }
      }
     },
     "localname": "EntityAddressAddressLine2",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://www.gladstoneland.com/role/DocumentAndEntityInformation"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_EntityAddressCityOrTown": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Name of the City or Town",
        "label": "Entity Address, City or Town",
        "terseLabel": "Entity Address, City or Town"
       }
      }
     },
     "localname": "EntityAddressCityOrTown",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://www.gladstoneland.com/role/DocumentAndEntityInformation"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_EntityAddressPostalZipCode": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Code for the postal or zip code",
        "label": "Entity Address, Postal Zip Code",
        "terseLabel": "Entity Address, Postal Zip Code"
       }
      }
     },
     "localname": "EntityAddressPostalZipCode",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://www.gladstoneland.com/role/DocumentAndEntityInformation"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_EntityAddressStateOrProvince": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Name of the state or province.",
        "label": "Entity Address, State or Province",
        "terseLabel": "Entity Address, State or Province"
       }
      }
     },
     "localname": "EntityAddressStateOrProvince",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://www.gladstoneland.com/role/DocumentAndEntityInformation"
     ],
     "xbrltype": "stateOrProvinceItemType"
    },
    "dei_EntityCentralIndexKey": {
     "auth_ref": [
      "r5"
     ],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.",
        "label": "Entity Central Index Key",
        "terseLabel": "Entity Central Index Key"
       }
      }
     },
     "localname": "EntityCentralIndexKey",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://www.gladstoneland.com/role/DocumentAndEntityInformation"
     ],
     "xbrltype": "centralIndexKeyItemType"
    },
    "dei_EntityEmergingGrowthCompany": {
     "auth_ref": [
      "r5"
     ],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Indicate if registrant meets the emerging growth company criteria.",
        "label": "Entity Emerging Growth Company",
        "terseLabel": "Entity Emerging Growth Company"
       }
      }
     },
     "localname": "EntityEmergingGrowthCompany",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://www.gladstoneland.com/role/DocumentAndEntityInformation"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_EntityFileNumber": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.",
        "label": "Entity File Number",
        "terseLabel": "Entity File Number"
       }
      }
     },
     "localname": "EntityFileNumber",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://www.gladstoneland.com/role/DocumentAndEntityInformation"
     ],
     "xbrltype": "fileNumberItemType"
    },
    "dei_EntityIncorporationStateCountryCode": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Two-character EDGAR code representing the state or country of incorporation.",
        "label": "Entity Incorporation, State or Country Code",
        "terseLabel": "Entity Incorporation, State or Country Code"
       }
      }
     },
     "localname": "EntityIncorporationStateCountryCode",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://www.gladstoneland.com/role/DocumentAndEntityInformation"
     ],
     "xbrltype": "edgarStateCountryItemType"
    },
    "dei_EntityInformationLineItems": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.",
        "label": "Entity Information [Line Items]",
        "terseLabel": "Entity Information [Line Items]"
       }
      }
     },
     "localname": "EntityInformationLineItems",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://www.gladstoneland.com/role/DocumentAndEntityInformation"
     ],
     "xbrltype": "stringItemType"
    },
    "dei_EntityRegistrantName": {
     "auth_ref": [
      "r5"
     ],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.",
        "label": "Entity Registrant Name",
        "terseLabel": "Entity Registrant Name"
       }
      }
     },
     "localname": "EntityRegistrantName",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://www.gladstoneland.com/role/DocumentAndEntityInformation"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_EntityTaxIdentificationNumber": {
     "auth_ref": [
      "r5"
     ],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.",
        "label": "Entity Tax Identification Number",
        "terseLabel": "Entity Tax Identification Number"
       }
      }
     },
     "localname": "EntityTaxIdentificationNumber",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://www.gladstoneland.com/role/DocumentAndEntityInformation"
     ],
     "xbrltype": "employerIdItemType"
    },
    "dei_LocalPhoneNumber": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Local phone number for entity.",
        "label": "Local Phone Number",
        "terseLabel": "Local Phone Number"
       }
      }
     },
     "localname": "LocalPhoneNumber",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://www.gladstoneland.com/role/DocumentAndEntityInformation"
     ],
     "xbrltype": "normalizedStringItemType"
    },
    "dei_PreCommencementIssuerTenderOffer": {
     "auth_ref": [
      "r2"
     ],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.",
        "label": "Pre-commencement Issuer Tender Offer",
        "terseLabel": "Pre-commencement Issuer Tender Offer"
       }
      }
     },
     "localname": "PreCommencementIssuerTenderOffer",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://www.gladstoneland.com/role/DocumentAndEntityInformation"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_PreCommencementTenderOffer": {
     "auth_ref": [
      "r3"
     ],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.",
        "label": "Pre-commencement Tender Offer",
        "terseLabel": "Pre-commencement Tender Offer"
       }
      }
     },
     "localname": "PreCommencementTenderOffer",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://www.gladstoneland.com/role/DocumentAndEntityInformation"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_Security12bTitle": {
     "auth_ref": [
      "r0"
     ],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Title of a 12(b) registered security.",
        "label": "Title of 12(b) Security",
        "terseLabel": "Title of 12(b) Security"
       }
      }
     },
     "localname": "Security12bTitle",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://www.gladstoneland.com/role/DocumentAndEntityInformation"
     ],
     "xbrltype": "securityTitleItemType"
    },
    "dei_SecurityExchangeName": {
     "auth_ref": [
      "r1"
     ],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Name of the Exchange on which a security is registered.",
        "label": "Security Exchange Name",
        "terseLabel": "Security Exchange Name"
       }
      }
     },
     "localname": "SecurityExchangeName",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://www.gladstoneland.com/role/DocumentAndEntityInformation"
     ],
     "xbrltype": "edgarExchangeCodeItemType"
    },
    "dei_SolicitingMaterial": {
     "auth_ref": [
      "r4"
     ],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.",
        "label": "Soliciting Material",
        "terseLabel": "Soliciting Material"
       }
      }
     },
     "localname": "SolicitingMaterial",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://www.gladstoneland.com/role/DocumentAndEntityInformation"
     ],
     "xbrltype": "booleanItemType"
    },
    "dei_TradingSymbol": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Trading symbol of an instrument as listed on an exchange.",
        "label": "Trading Symbol",
        "terseLabel": "Trading Symbol"
       }
      }
     },
     "localname": "TradingSymbol",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://www.gladstoneland.com/role/DocumentAndEntityInformation"
     ],
     "xbrltype": "tradingSymbolItemType"
    },
    "dei_WrittenCommunications": {
     "auth_ref": [
      "r6"
     ],
     "lang": {
      "en-US": {
       "role": {
        "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.",
        "label": "Written Communications",
        "terseLabel": "Written Communications"
       }
      }
     },
     "localname": "WrittenCommunications",
     "nsuri": "http://xbrl.sec.gov/dei/2019-01-31",
     "presentation": [
      "http://www.gladstoneland.com/role/DocumentAndEntityInformation"
     ],
     "xbrltype": "booleanItemType"
    },
    "us-gaap_ClassOfStockDomain": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "label": "Class of Stock [Domain]",
        "terseLabel": "Class of Stock [Domain]"
       }
      }
     },
     "localname": "ClassOfStockDomain",
     "nsuri": "http://fasb.org/us-gaap/2020-01-31",
     "presentation": [
      "http://www.gladstoneland.com/role/DocumentAndEntityInformation"
     ],
     "xbrltype": "domainItemType"
    },
    "us-gaap_CommonStockMember": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "label": "Common Stock [Member]",
        "terseLabel": "Common Stock"
       }
      }
     },
     "localname": "CommonStockMember",
     "nsuri": "http://fasb.org/us-gaap/2020-01-31",
     "presentation": [
      "http://www.gladstoneland.com/role/DocumentAndEntityInformation"
     ],
     "xbrltype": "domainItemType"
    },
    "us-gaap_SeriesAPreferredStockMember": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "label": "Series A Preferred Stock [Member]",
        "terseLabel": "Series A Preferred Stock"
       }
      }
     },
     "localname": "SeriesAPreferredStockMember",
     "nsuri": "http://fasb.org/us-gaap/2020-01-31",
     "presentation": [
      "http://www.gladstoneland.com/role/DocumentAndEntityInformation"
     ],
     "xbrltype": "domainItemType"
    },
    "us-gaap_StatementClassOfStockAxis": {
     "auth_ref": [],
     "lang": {
      "en-US": {
       "role": {
        "label": "Class of Stock [Axis]",
        "terseLabel": "Class of Stock [Axis]"
       }
      }
     },
     "localname": "StatementClassOfStockAxis",
     "nsuri": "http://fasb.org/us-gaap/2020-01-31",
     "presentation": [
      "http://www.gladstoneland.com/role/DocumentAndEntityInformation"
     ],
     "xbrltype": "stringItemType"
    }
   },
   "unitCount": 0
  }
 },
 "std_ref": {
  "r0": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "12",
   "Subsection": "b"
  },
  "r1": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "12",
   "Subsection": "d1-1"
  },
  "r2": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "13e",
   "Subsection": "4c"
  },
  "r3": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "14d",
   "Subsection": "2b"
  },
  "r4": {
   "Name": "Exchange Act",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "14a",
   "Subsection": "12"
  },
  "r5": {
   "Name": "Regulation 12B",
   "Number": "240",
   "Publisher": "SEC",
   "Section": "12",
   "Subsection": "b-2"
  },
  "r6": {
   "Name": "Securities Act",
   "Number": "230",
   "Publisher": "SEC",
   "Section": "425"
  }
 },
 "version": "2.1"
}
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>ZIP
<SEQUENCE>16
<FILENAME>0001495240-20-000012-xbrl.zip
<DESCRIPTION>IDEA: XBRL DOCUMENT
<TEXT>
begin 644 0001495240-20-000012-xbrl.zip
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MK2L).H3.Y[1HZ_E$YI>D3 /7L8,HL@+DQJYKVC8V_:X>V[$-(84(ESZT0=I
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MD3RU?*LU)  =BR)DHJ_Y0+K]_(/_(GLXG;(+I?PJ7WRY?UE?G(2>:QAA /W
MCQ(S<)'1U1?;D'N_1*V6_6B!I0.K\20E(0V3UQC[X"BE#W&$^F2R <I6LZB"
M/!;-*+=CS3EZR/ +"$VGK'M5R[_.\H(8:1BBT#'"A%6(+.BZ7F ]W>?A18+R
MD:EA/^)91OJS>P&:<.!+(3Q+DH+(*YVA^4D)1QR=/N&\ F2K;%0 'HMHE-JP
M)AEU(BJ",=,DL-F'&_DP,0)DAM@)G/Y;-Y$M.L^1J>&0@KFXI^J"X8 H+QB]
M_#0*9ANZ(05C"@J&'^#Q"D:@#1R"$24B+)B(O?Q27M#[(G6:>U&PX]HQLDP'
M(F1#V#]Q!-F.E%X$RM^S7)IDS6IDDTU2+"+P!+4R$#<UJ7 ATRZ4)Q0\.I$
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M]NKCF^X=]L=E5I&/;_X/4$L#!!0    ( &:!!5'-M4>$P@<  (E%   5
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MWUH5_IMDN&C;:PCYHF=IO9O/JT_)?&NUXY%IS*5G&?=#XA&,A% 20+0<! ?
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M6"$!+OL8_Q4 THVLO=(B)A,[/^7=KWK0<"LI:^SC(! !A4%DQR0P8,SC^(=
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M_@(D.A40K@%WR$I1AMUR @UXI.=(-B,[3ZS3()L*R,= O)6562[&K8$V_\,
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MW9:P;M%A#4DH$GT*X:SZ8H$%1*(0'L,%^EOR]!=<8)0()*2"\<P*B;J)VFI
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MHFK6V*2.R_-EB=I)UU7&BF%PLBD[#'-2%/6OSX"B?*>4:M.LR[HBH]\@RY]
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M;<JFJZMCIH'@ &5;L39BAL\I1+@GLS39G>ONU+N1V=='S^#[_G+56]=&_ZM
M)8E)1@F($D;!#PB4,5Y0]4$8! T(>B?5>_ZH]7FVD=[1;63(1!)68,Z9)X2/
MN#)C0+4IJO;"( &C3A3%N"A1SG:5'F*YONG"<E6:-0RZ4_.0LK&RLVRLUROA
MUH8-66M!VV.T9OCK\F:VZD<046=&@J]LBQ9G$)-E>42+)Y/T&DU(G%Y1$:5
M=AYBU/\%3:.8:GE4('H1"@A-2'=^BVB^B$N<D'11Q$M40,9=3)>L9]TAG0#:
MN*G!4$"^WFUA.T,()\L&-@4^IU>T'XT3(UK$*/9>3>G*!B+'Z-<DHF82?3F[
M5\:LR.O]1T?R954>T639U35W;!J^.M8E:6RJFB]):MO[_09B (RCU:%%4M=&
MBCM$[_0L^00#>TH0DM[!WW^T3$W[^!2U8/GE:DU-1*!:FXHH:QV&.%V ==04
MO1;N&X<@Z-F'=[*)'/\4*:HT@(;"RE2G?%=T>*4BKJ[S5,<:R^[(DTT/(EW=
MU175,ZB(.XZMF9ZS43P_2]D96%C;%S!F%),W^;Z;?*\IB.8U";>%6]9P7U9:
M\KUQLF<EW9HTJ%J^"?B6@&OK#$9U9,W59'GL*Z:LFX8M*PH5<-?53%6Q-L[M
MG.2$VF_Z#@H[/DC]< [9;U<N\R;H/$$'2O:#%BEW6G19"_O*N\G[VXE]U?9-
M\+<$7U]OBQHC17?\L>>:VEA7--/55)D*OB_IEC4RY0[!/RR*!<G?Q/\9Q5\E
M?>U=<#OQK]L^VI;;W0[RW=OWK:.T*D4A.20Y&>^<*S,$=<H"J]][W"+--Y2S
M/]]A,'WW83!+?.!+%H.4CG-B'=W:L]W:IM<$:(YO9]>H@( K1#]*[-^+L_E"
M73FGKUY7!Z.#&0KHJVMW,95/Z.)2F&H:IU?UR\&/L5C>N>-;K>_UL#O'K,9[
MMIQ/TOA=<:?#)&_,_K:8W9R*9JI-&B</;N]J%L&3M6^\5W0[!T[%Y-NAQBV"
M6E5:[PA+GN][CJSHANE8MN7YJJ/0L[,FA+:Z[H\WRA55P+&4E0FSI\(@]F$O
MQE>/8-'P[ /Z3VD@23+*<(XN<;P@**/O0,]POGTSQ-U#X->NZJ]1>&6]E9'I
MBN%(OF%HVMBR%5,=T3,A[LB0;=LWO;;PUBZA\@A/)+GTA94WJ?PNI5)I2:7D
MJJHQ5N2QK'N>:KF&/:92:;FRH<J6PS.I36[:^9+5@X1SJZY /65SL.D<\L(C
M7(3X3\3ZH"\X_TK*#^CS9^<QSV>_1LZKZ]*H:UJV9'F:;=B*K-LR.ZO&G*GG
M._)X]-3.M/-Z$6.@FOI/J&J#;.0LYHL8L_-(YR2?HU6O2@3>/.^;C;LAZ:U-
M ,7R;,=2;(^=Y9*EL6%7GE=W3=60C2?UO)UB3GWPR9N ?I<"JJ\%=.0XNN'I
MWEB5?%WQ7$\S&B?LJHZE/X<3[I+3YW+'CUFZ_O>B**/I\C&X>9B$M'9/T&2)
M G:R9PY+A(R=L%>A;AR[B0H$XP.Q::WV EWDZ54YHUL &3V*@PL4DBDLA+T
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MEA![IV/9SF!9M%[QWZV2)$]:)ZCX+39N<D$1?])<AB<-X#F-"8^_BR1SP,.
MKV(^J;"CL\M?@1/1]QD',B*?T2T5@7_0Y@R/G/Q?T";[SI=)[ ]39:A?0(<K
MVD8T JTE8Z CK]0\B]/"Z(G8KM#D< &B:S5M^Y<E&:F5!DK6S_+@Y4*&_I]A
MA.V.O=@0I\ 25'##/'YV-HTQT.!7?JM".-#!3P[<1\E_)[S0.AIO1DMYZM#[
MJXGN^B22S (X&YYQP^7R;!A]9Z$CQ2)W"X^U$V5ILJ>]',.*#@A2UE"]?DW&
M<'&#2$H<<QGM8P )654P3BD*&^C_B",81WC%/G^AN*+L$>T?6M6^.$M8 3(0
M+\17%A0U<JY214E80+O^^B]1K!J<]!:D@077N=5=VCK/!?Q6,3:,"%PI2W,*
M!^]NDTY&&7<I:%E+U6UV-K]4SA+07UVJ>[C^>5FN 2KP/8&QKYYP UK8&P'R
MSXRO#84K5DA'B%O!W7&IU4OH"9K(?7F$;\0S= \ZE8^2J@H<""+H@671FM<B
M3 4&F;I1["GW(@[:36,R\.L.+) <8W3W0S/1:(1ALR#-\DJ/F7.^<!VB/R"4
M L,)/A0^2@Q,+?J;CZ'';K3<O3/Q=#5IV?=NQG&A.%Z)QA 6Y'N#CV!0ISRX
MX;?RQ<[="UHAW_W9+KQ59*%,5. %G<,:H;F/:,KAW W1#P1X$3X&M91B95#!
M*CFH;N!49AC RLZ!C/PD\WX7C>A>?,F*4.X<B"5):N3',H<^#I)H#71=(%0>
MDY=INPZS2]+H*B2=DR;% 2WO4.MMF%/;)\UV?478*K-## (*:75"V&&,2E<K
MB)Y//U013%-^2Y=OY@5PM4H!7!J=Y"3EJ/LG5Q'!280<[^X4X*H<!_?PU2*:
MXRZ#IBZP0VBV'%&%+E2R.*#V?(<%E^!PSX&@":N! [IE(R$JRL6=\T#1%AXP
ME74$$H/'T+D +>"JA@J 2*NENTS<N_:E"KB:LR;7(%FG>/F@W,A#@WED$=U(
M)G@K@]Y[J"45'3/E?IR?9F2GO(JC%.]LQ;%_I7#A3RC(;D+18W/"=6://'YU
M%8LKM S-.?&UL6B:NU>4;' $(PY2B8LYSY7SMKXKY^V]KAQ4>>[S]QSGP4+>
MG"!$7\J4TVT4O;[8E$0\;+LJ<(Z6L!%=WIN]@)0I"+,XR1?"NDM.^'SB3W3D
M[,U8%*(1M@%+I9F*"F60[EAX::".M*%0)KII&N-J)KH]/RY'<>H@25Q?1;I$
MK-JTEQ^01!,8,CN/.%1<*#"MJ6)MCS/ ^SB89CN?SGXKR:>5LV<1H;RSH/ZB
M@U9FQHS+M("MRFZV>@N:8FO?ZUGJM:;YIV$4JJ-+Q_)66=V$>V3<SH7]<HCB
MD3X4?+HVER":@8,$*B9(L_H1,E>Z<B>+($&*J$>>@W?I@MFH9?C]#_A3D0OJ
MGX& !A6OFHE@K/:0C6YN/).F5G?,PRMU9T^YGJH12K/11$^^;=M;VNWH&<MQ
M.I3BSU00;]B6 +JE87).V^925OW@K3G+N;NNO;NWM'2\YC)CL=__2-2UT])-
MA)OH;@CV11#%OC<O_AH?ISC$^5</*L'7A52X0!AV$85MMYJM1Z*P372D(3 3
M+FENOZPH?G*1"/G%XB8[)U:OO[2X2>2:]TURQ>&.B[M"3+BC"7><$^Y8'Y5+
M"'5L=]K68%$7VP9B';O-[G)"0%2\(_*54ORB$<;,5979N,5JN.("H$-UG!7M
MHB%D?JSB8G&)CK.(.T;9P%'!R>(IEQ^7V.IT%DQ!<']<HK+1>Z7((,G&(B##
MY\.A0\>%%Q\:_6<:W%KZFK^EK?#31$R&.CJPJ??S$O-"H:%*TH;6EY<&R7BQ
M-:E@*5=?M>Z)9FRY@)'365"2TX9>:65V:V693( +8O3!F%^+DC,#Q[M\TN@,
M%O%4+BVFE2R1ZV!A_YYZ.O+Y*UHGSP'U*LO5XME1$/J719XL!F=GB/84@=8:
MF?&(=(H&%MMI,X_?4E EVF*4!U8" B(6X35[*29^HYPO(G?'4&!TGD*CY.H%
MX:75:K&CZO>MYLDORGM";4US^U216.)81>9(471"X3U1[%_Y(3EEYOI_8!&1
M(S!;65,51U!F<?3%D#[" VPL7POE*2+OC9HP+8ZG+\C>D+W;HPNTJA]T.L;P
MQP@=QI_0P(^\1G>(R>9*)BTB&R[O[TL;TST1X,K[83%=6G+U_"2[0SSCSR*Y
M3<JH2%A :U3X)ER>RB*?"=*IF[ K9#4A=M( @<8CPUP +-F+;L(\!9],]"WC
M7Z%9_XJ\!=0U0(9&?/[YMP_O&O9@UE];RLJ&\2+:_X>I_VZXK_+]:<>8<AFB
M^Y<B6;3#/T<;#]D<K,VQXW7OP9C]*,9P3H06O7,J% QVHLA%JGOUYX2#\>+9
MS),CXK_*LGLP<_;XH4QC]/%B@U&:R%+VEAM16B1E\%1]\PDFG=&@<Q534#94
M3%>8;:I.>YCGN:&)?%8K.N9J,SE"%><!.T210&52L'*^'@J?WLN#,D+ >89<
MW,](__QG*C N0(%2 UD*03E88Q'X I8=T[9JDRT,+T.+HD?,#EG>=.V@TJYB
MA4!">M7I"RN1+N166I?F2*.EU7G'KX$IY5D"+32)2(QB2&@ASM]_QM6IYE!=
M"M/780N?<S/X;&I5E2$U=^RZ?*),Z$7&$TN[X$MQJ_1B$-T@>XAIIS"Q4L%D
M$\$G@"7<>\#V+0AT/$C&MRP &8&I) G:(P!/WRHOOL8-$I3*W:0)43,1(*@B
MEY$?*M(#@K QH"/0H025_K,'"3 $;)FZR"=5H%L6[ 5CP8. )UD.(PTW<EX6
M_!3Z D"3U./YKCH&%"^-8-2>0!:*M'@58T1!L;XSP]>3\N%+-\GR6Q;/E"(G
M9N9)2:(P6Q2LZB12RXBR<D%W0:#I!=B?E[J*4*[P:( =P/29-!V<.NU)X"=)
M(+2M#MZ2'#.OZJ K<K,D')E5H@(E%)U*<:5/)67B&T41R@/QM>_2R@#OB6]A
MCF^5QH2)IGPWCV6A'JZC()T(G0,K&_V=A5![#:"8Z/D#QDQLZ];$MJZ&C;YX
M,XU4,%Y.LIJ!7"'.*&R4L=\1PG3D_< DPJ4LL/!NJJE'Y=WE0Y!Q5!;B:J+8
MO\IG'3F*LP 3\"**RR@.:CQ1 :5T+*(R!(-1E,^3(C@B#ZR@U&B:!<#3;JZ=
MXZ_7(%5$J=0BEPI.<F$0A9PFRP(7O),2G62#RHA%ZV9_4+H<E$C43!M*,*$V
ME H@8(PDXR9-';YF*&QK*(Q,> ]6-EB:J%(DE?ZF\^M_*'+S/UW,6L]@C]Z!
M!(S! 4130"] *$"?BA>4DGLKJ5D>9^,OC;QB*LTOK,+I!:.FS^6IA;@0P=V"
M&2^>:5M^R)8\@R78 M!MU?!XFD39%U1$1'VCC,N]?AM&,L2PYKB!F@&?2G&:
M_7&'/Q<F:G@$AAC^[87=?7&_25IUTN[U*B;LZJ\/_M9]X,=L$>?^^-"+V]5C
MM[V*'F>\!C.MEL?SN"=!54J9\0_,E*LI?]:55<I?*> Y!=:H$7OZ@TE0I3WV
M4XO^+_N5:.3.C]43 L\TC!@^'?L>T-TR&+!2>.:[+G+ G[QX>)GT%++R,G=F
M46<9G[$L#_'09U>RN:>0S05%7'GL+)<\] $@V7N,W'J.\V<5X-IF^+0?@<_:
M%V(=@#DG(=; XGY8..N$A?IB(>Z[4=1LU9%U[[K,:+2#YZ[*8'E,915GTM8S
MG=[+=NME.1#>\!V#G"<AI_VR;6\6.08<]ZW%.O;_Z&?VDOUT?."[_YA(LE;6
M<)_(L@%P_#(/&(<CDLQ9DL(W^(XG?-ZEA56+NO?.>+9L;JTIZTINHY%>W8?(
MY\&I/75CEFE"-FQKV^%E &4 90"U]X Z'!#5E=E6C+&:,EIK!X6T+!]55(K:
M4EF,-HW-Y<SNYP6FL4&*LAVKU^X;MGR8;/FPH=^UG'X=@YJ!OH'^;D/_"+A^
MQUE@[ 5<-K\'!VH5W3GA_0BS=*X+<TL2^.M"\A<C[%>%_2SEJ*4R&(V82^EX
M[Q'^=]K2<=2S.MV.8:Z[S%QW&X!]J]5?&Z<U #0 G-6LK%Y1P<XH5MN IYW#
MT)'3:JY-0S'2XF:E176GNR(C;F$HR!H$QU:K#N:?.EESKF^<#^\W@#M6:] S
M #8 WE:APK8&K3H -0#<&@#N'=?L])K=;>&9FQ6$U;8O3QIN]S8A#5>&8&-K
MY;O8#?IFP:6B3]6(UZ(F[YK80KT;$BN*]UV1'Z[>')?"%^9,TNXOH!PLMD_&
MXK)YBXLAN'437-NR6[8A.4-RAN3617)'CC6PZ_@.%A%WMV-_C3ZW"T:$>9@=
M=)IUCHF=T]#F@7;7?1=KT-9>O/DHI#QE[.R1>J]Y(=:'"JX>HEW9L9R><8SL
M]3&P[P"VG:TQ\AD &P _%\!V^\3 =Y_ANW>0[37KQ. :KXKQJLQX58Z"2%(]
M#:JURZ^Y'U"27$R%7:KZI"LXD>S^<)&G@SL_YMMY6K4NW^W>D6),/8<)\<')
M*D*AC/O P',Y'+AMM;J'$:QG./">2OGS)+:79RN8NLD?L[  O[ >\R5(Y:FN
M>/I5\(")HJJ,'R8\O/)1+/?$-!:N3X4^5$6V201+\I\YE3_6$M.Z0?\J1C#T
M.W5N IH(ABT7078.B1W+Z2Y@0C1(W"<DKOXBBFTNX.\T_'8/<H-F'?:V@_9D
M$_+Q9&F5L8^1E()J@7J^S"I!4I&BN"S"PD/)4NZ];B-I='MU*,.<[>9LGX>F
M@<DL8<"TO+MW)O?I5J%I]Q!TXAR*X+?L0((=M4.>>7^D,E&UJ[$N=AJZ(-+A
M"#C6YX;O0<@KTEH_M_G7,IW>LXBP1J\>*//<FR88J04:(S1Q#__88Q\7T*+Q
MM^X2KS=8-%@T6%P#%O_R4]^QG56XA TBC:M^\R@TLO1!!>5>7'PV8;C+64K'
M:K>-I+)3Y\)A ;0+ #5AM :@6PM0#*,]D*2M<V9OHA/V%=;=7JUB+7LGJL\#
M_<&;P,NAN&?NGZFOXAH:)'67 AT:L0B445RG]CZTJ,?> L*U"7G<5L%EYV!H
M+W#3TL!PGV"X\EBO.@S/@,G$4Q0 :C7K<*N=$RSW)9YB#39@)7"RHT!(>7S*
MF"H7XXYY?"7@ZUBXPI\F\K@20/O<+A:-NW .-^["-A:ZG3H4]AJ,1R=U H1W
MSQIWL,:WG9:/!W6R !I6:.3C[(6%\AOL1_Z"0XIU.-_?8(?M2CSO6/7N##\Q
M<XBQHFVKE+#_T.Y:3JT;F ;:!MI;#NTCQ^IWM\U/;<J);*M ?P $T>W4*IN^
MB;B-[2*77;?#+ZY9BH3Q_&XC76T,HW@"7?Q'P*'#Y9C%>.EQ4P;V]G(,[#M&
MXY3,:-W5A39 D@=[8.TS< UL#6RWT8AZU&FM+6>#@9^QVU,(GF6?=$UHRT&)
MU)4XZ5(:8LS_YHEAPGPI4QZZ MBI3#81';URV/?KQ(88XZ$YM^>BJ59LAT&3
M0=,\-)FLE%N%I9W#3[NY[D+E>R+-'5( Q]E* SAVQ-NQ(IO]SRM<E.TTJLU9
M!,>R^ZN(>#7>_2T\!@U)'P))=ZU.9Q5.7$/2AJ0-26\F+J-M.290R00J[1Q3
M6%V@TJ!9)_>^"51:HE=E'6KX+%GI$)]>1=M>K7&RO0+CY'.YR?JF?4!3-3N\
M[U,U.[SO4UVI"^G>H^MIEO0-K<H6G^:KEV^^C7FLBCI_@4&I3^]XPD]W@$'L
M.U?895:P:F]@[8TSAC<#* .HW0#4X8!HKS)&[&CXZ.\D& FOP6&._$I40@=8
ME"8R 3D)!JQ+JPRY]%V=@S=(X<4]Y(J.;77LOM7IFD0Z6\49=QU43L^Q6OTZ
MX?D&5 94<X.5NSVK?6+8U%8A:N=0U#+5A8W,!S+?/=&ALBP&;F&ZF)6?W$['
M&G062&]_[VP-$][\L;Z3B.SWK79K%:$^!I&;1^0V(NZHU[;:O3J(JR4FK/@
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M%)_^-!II\C'[:O9UW_9UQVP$2]LZ<]-_TQ+#BS>?*.?7M9#)1(2)A+]9+'C
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MI?#X/974^@/+=NH VK!$<[S.!=2)U>^96Q8&4$L[;RVG9QC45N%I]S#4K%-
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M)W*CXE5R02&S" 7ZC]05JZ' ;C$^9Y0&S$NI]VF4X"4,NG TTC$MN8L>/7'
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M4$L! A0#%     @ 9H$%4?PY[>M* P  IQ$  !$              ( !
M &QA;F0M,C R,# V,S N>'-D4$L! A0#%     @ 9H$%45CQ;/-& 0  KP(
M !4              ( !>0,  &QA;F0M,C R,# V,S!?8V%L+GAM;%!+ 0(4
M Q0    ( &:!!5%FW.M=I <  )H]   5              "  ?($  !L86YD
M+3(P,C P-C,P7V1E9BYX;6Q02P$"% ,4    " !F@051-BG1R-P+  !.A
M%0              @ ')#   ;&%N9"TR,#(P,#8S,%]L86(N>&UL4$L! A0#
M%     @ 9H$%4<VU1X3"!P  B44  !4              ( !V!@  &QA;F0M
M,C R,# V,S!?<')E+GAM;%!+ 0(4 Q0    ( &:!!5'8+,7$(A@  .ZO   ;
M              "  <T@  !L86YD,#8S,#(P,C X:V-O=F5R<&%G92YH=&U0
M2P$"% ,4    " !F@051/8*C$(HX  "-!P, &               @ $H.0
M;&%N9# V,S R,#(P.&ME>&@Y.3$N:'1M4$L%!@     '  < V@$  .AQ
!  $!

end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
