Gladstone Land Corporation (NASDAQ:LAND) Files An 8-K Results of Operations and Financial Condition
Item 2.02. Results of Operations and Financial Condition.
release announcing its financial results for the fourth quarter
and year ended December 31, 2016. The text of the press release
is included as an exhibit to this Form 8-K. 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.
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Exhibit No.
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Description
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99.1
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Press release dated February 21, 2017
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About Gladstone Land Corporation (NASDAQ:LAND)
Gladstone Land Corporation is an externally-managed, agricultural real estate investment trust (REIT). The Company is engaged in the business of owning and leasing farmland. The Company’s segment is farmland and farm-related properties. The Company is engaged in leasing its farms to independent farming operations and corporate farming operations. The Company owns approximately 43 farms consisting of over 16,810 total acres across six states in the United States (Arizona, California, Florida, Michigan, Nebraska and Oregon). The Company also owns approximately three cooling facilities and one facility utilized for the storage and assembly of boxes for shipping produce (a box barn). These properties are leased to approximately 33 different, unrelated tenants that are either independent or corporate farming operations. It also leases a small parcel on one of its properties to an oil company. Its properties include San Andreas, West Gonzales, West Beach, Dalton Lane and Keysville Road. Gladstone Land Corporation (NASDAQ:LAND) Recent Trading Information
Gladstone Land Corporation (NASDAQ:LAND) closed its last trading session up +0.24 at 12.49 with 28,058 shares trading hands.
