|Mr. David John Gladstone||Founder, Chairman, CEO & Pres||N/A||N/A||1942|
|Mr. Terry Lee Brubaker||Vice Chairman & COO||N/A||N/A||1944|
|Mr. Lewis Parrish||CFO & Assistant Treasurer||71.9k||N/A||1979|
|Ms. Karin McLaughlin||Investor Relations Specialist||N/A||N/A||N/A|
|Mr. John Anthony Dellafiora Jr.||Chief Compliance Officer||N/A||N/A||N/A|
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. The Company, which reports the aggregate fair value of its farmland holdings on a quarterly basis, currently owns 113 farms, comprised of approximately 88,000 acres in 10 different states, valued at approximately $892 million. 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. The Company may also acquire property related to farming, such as cooling facilities, processing buildings, packaging facilities, and distribution centers. The Company pays monthly distributions to its stockholders and has paid 87 consecutive monthly cash distributions on its common stock since its initial public offering in January 2013. The Company has increased its common distributions 18 times over the prior 21 quarters, and the current per-share distribution on its common stock is 0.0447 per month, or 0.5364 per year.
Gladstone Land Corporation’s ISS Governance QualityScore as of December 8, 2019 is 8. The pillar scores are Audit: 1; Board: 9; Shareholder Rights: 10; Compensation: 2.