GLADSTONE COMMERCIAL CORPGOOD

Market cap

$510.5M

P/E ratio

	Dec 31, 2011	Dec 31, 2012	Dec 31, 2013	Dec 31, 2014	Dec 31, 2015	Dec 31, 2016	Dec 31, 2017	Dec 31, 2018	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024
Real estate, at cost	443	534	642	723	780	822	894	947	1,057	1,129	1,225	1,287	1,221	1,212
Less: accumulated depreciation	54	66	81	92	112	132	149	178	208	228	267	287	300	320
Total real estate, net	389	468	561	630	668	690	744	768	849	900	959	1,000	922	892
Lease intangibles, net	38	57	80	99	105	106	119	111	115	117	114	112	101	95
Real estate and related assets held for sale	-	-	-	-	1	10	9	4	4	8	-	3	29	4
Cash and cash equivalents	3	6	9	9	5	5	7	7	7	11	8	12	12	11
Restricted cash	2	3	5	4	4	3	2	2	5	5	5	4	4	4
Escrow Deposit	4	8	9	11	8	7	9	6	7	9	7	9	8	5
Operating Lease, Right-of-Use Asset	-	-	-	-	-	-	-	-	6	6	5	5	5	4
Deferred rent receivable, net	12	15	19	22	27	30	33	35	37	37	39	39	41	45
Sales-type lease receivable, net	-	-	-	-	-	-	-	-	-	-	-	-	-	19
Other assets	1	2	2	2	3	2	4	5	9	4	5	18	12	14
TOTAL ASSETS	453	565	691	788	833	852	928	939	1,040	1,098	1,143	1,202	1,133	1,094
Mortgage notes payable, net	285	359	423	459	461	445	447	441	454	456	450	359	296	270
Long-Term Line of Credit	19	25	24	43	45	39	21	50	52	53	34	23	76	2
Loans Payable	-	-	-	-	-	-	-	-	-	-	-	-	-	348
Senior Notes, Noncurrent	-	-	-	-	-	-	-	-	-	-	-	-	-	74
Accrued Rent	-	-	-	-	-	-	-	-	19	21	27	40	29	22
Operating Lease, Liability	-	-	-	-	-	-	-	-	6	6	6	5	5	4
Asset retirement obligation	3	4	4	4	4	3	3	3	3	3	4	5	5	5
Accounts payable and accrued expenses	2	5	2	8	6	6	7	3	6	4	7	10	14	13
Liabilities related to assets held for sale	-	-	-	-	1	1	0	-	0	-	-	-	1	-
Related Party	-	-	-	-	-	-	-	-	-	-	-	-	3	3
Nonrelated Party	-	-	-	-	-	-	-	-	-	-	-	-	14	13
Other liabilities	3	5	8	8	7	7	7	7	13	17	17	15	-	-
TOTAL LIABILITIES	318	442	507	570	599	541	578	599	676	723	771	827	809	753
Redeemable Noncontrolling Interest, Equity, Preferred, Carrying Amount	-	-	-	-	-	71	83	86	152	159	170	170	170	170
Senior Common Stock, Value, Issued	-	-	-	-	-	-	-	-	-	0	0	0	0	0
Common Stock, Value, Issued	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Preferred Stock, Value, Issued	0	0	0	0	0	0	0	0	-	-	-	0	0	0
Additional paid in capital	212	215	299	370	419	463	535	560	571	627	671	721	730	784
Accumulated other comprehensive income	-	-	-	-	-	-	0	-0	-2	-4	-1	12	8	11
Distributions in excess of accumulated earnings	76	93	115	152	185	224	268	310	361	409	469	530	585	624
TOTAL STOCKHOLDERS' EQUITY	135	122	183	218	234	240	267	254	211	216	203	205	154	171
OP Units held by Non-controlling OP Unitholders	-	-	-	-	-	-	-	5	3	3	1	2	1	0
TOTAL EQUITY	-	-	-	-	-	-	-	254	211	216	203	205	154	171
TOTAL LIABILITIES, MEZZANINE EQUITY AND EQUITY	453	565	691	788	833	852	928	939	1,040	1,098	1,143	1,202	1,133	1,094