Balance Sheet

Current Liabilities	11.5m
Accounts Payable	8.4m
Other Current Liabilities	3.1m
Non-Current Liabilities	628.7m
Long-Term Debt	611.8m
Other Non-Current Liabilities	16.9m

Currency: USD

	Dec-2014	Dec-2015	Dec-2016	Dec-2017	Dec-2018	Dec-2019	Dec-2020	Dec-2021	Dec-2022	Dec-2023
Assets
Cash & Cash Equivalents	3	3	2	3	15	14	9	17	61	19
Cash Equivalents	3	3	2	3	15	14	9	17	61	19
Inventory	0	0	0	2	0	0	0	0	0	0
Total Current Assets	3	3	2	4	15	14	9	17	61	19
PP&E Net	144	222	326	450	539	792	1 046	1 285	1 326	1 242
PP&E Gross	144	222	326	450	539	792	1 046	1 285	1 326	1 242
Accumulated Depreciation	4	7	11	17	24	35	49	74	107	142
Intangible Assets	1	2	2	6	6	5	4	5	10	8
Long-Term Investments	0	0	0	0	0	0	1	3	6	6
Other Long-Term Assets	1	0	0	0	0	0	0	0	0	54
Other Assets	2	3	3	3	6	6	7	43	54	59
Total Assets	152 N/A	229 +51%	334 +46%	462 +38%	565 +22%	817 +45%	1 067 +31%	1 352 +27%	1 457 +8%	1 387 -5%
Liabilities
Accounts Payable	2	4	3	7	9	10	9	11	16	10
Accrued Liabilities	0	0	0	0	0	0	0	1	1	1
Short-Term Debt	0	0	0	0	0	0	0	0	0	0
Other Current Liabilities	1	1	1	1	1	2	3	4	4	4
Total Current Liabilities	2	4	4	8	10	13	12	16	21	15
Long-Term Debt	86	142	235	329	364	510	653	727	686	634
Minority Interest	0	0	11	8	5	2	0	2	0	0
Other Liabilities	3	5	8	7	10	15	19	20	19	19
Total Liabilities	92 N/A	151 +64%	257 +71%	352 +37%	389 +10%	540 +39%	684 +27%	765 +12%	726 -5%	668 -8%
Equity
Common Stock	0	0	0	0	0	0	0	0	0	0
Retained Earnings	5	9	13	20	26	39	55	81	114	144
Additional Paid In Capital	65	87	90	130	202	316	441	668	837	856
Other Equity	0	0	0	0	0	0	2	1	9	7
Total Equity	60 N/A	78 +30%	77 -2%	110 +43%	176 +60%	277 +57%	384 +39%	587 +53%	731 +25%	720 -2%
Total Liabilities & Equity	152 N/A	229 +51%	334 +46%	462 +38%	565 +22%	817 +45%	1 067 +31%	1 352 +27%	1 457 +8%	1 387 -5%
Shares Outstanding
Common Shares Outstanding	8	10	10	14	18	21	26	34	35	52
Preferred Shares Outstanding	0	0	0	0	0	5	7	9	16	16

Gladstone Land Corp
NASDAQ:LAND