Gladstone Land (LAND) Reports Q1 FFO of $0.14

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Gladstone Land Announces First Quarter 2017 Results

May 9, 2017 4:07 PM EDT

MCLEAN, Va., May 09, 2017 (GLOBE NEWSWIRE) -- Gladstone Land Corporation (NASDAQ: LAND) ("Gladstone Land" or the Company) today reported financial results for the first quarter ended March 31, 2017.

A reconciliation of funds from operations (FFO), Core FFO (CFFO), and Adjusted FFO (AFFO), all non-GAAP (generally accepted accounting principles in the United States) financial measures, to net income, to which the Company believes is the most directly-comparable GAAP measure for each, and a computation of fully-diluted net income, FFO, CFFO, and AFFO per weighted-average share is set forth in the Quarterly Summary Information table below, and... More