GLADSTONE LAND CORP
Cash Flow Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Net Income | $-31.0K | $448.0K | $569.0K | $-125.1K | $-1.2M | $600.4K | $6.2K |
| Depreciation & Amortization | $7.2M | $5.2M | $3.1M | $1.7M | $722.5K | $474.5K | $505.6K |
| Depreciation | $6.2M | $4.4M | $2.3M | $1.4M | — | — | — |
| Amortization | $1.1M | $741.0K | $842.0K | $350.7K | $90.7K | $62.2K | $173.5K |
| Stock-Based Compensation | — | — | — | — | — | — | — |
| Net Cash from Operating Activities | $6.5M | $8.4M | $4.7M | $3.5M | $-460.4K | $1.1M | $1.9M |
| Investing Activities | |||||||
| Capital Expenditures | — | — | — | — | — | — | — |
| Business Acquisitions | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-129.6M | $-95.5M | $-78.5M | $-71.3M | $-38.7M | $-8.1M | $-4.8M |
| Financing Activities | |||||||
| Dividends Paid | $6.4M | $5.0M | $4.1M | $2.5M | $9.7M | — | $1.0M |
| Stock Repurchases | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $123.6M | $87.0M | $73.6M | $54.1M | $54.6M | $5.9M | $2.9M |
| Net Change in Cash | $500.0K | $-95.0K | $-86.0K | $-13.7M | $15.4M | $-1.1M | $32.8K |
| Free Cash Flow | — | — | — | — | — | — | — |