Gladstone Commercial Corporation Quarterly report [Sections 13 or 15(d)]

Quarterly report [Sections 13 or 15(d)]

Real Estate Dispositions, Held for Sale and Impairment Charges (Tables)

Real Estate Dispositions, Held for Sale and Impairment Charges (Tables)

3 Months Ended

Mar. 31, 2026

We did not sell any properties during the three months ended March 31, 2026, although we sold a portion of a land parcel during the three months ended March 31, 2026, which is summarized in the table below (dollars in thousands):


Aggregate Sales Price		Aggregate Sales Costs		Aggregate Gain on Sale of Real Estate, net
$	2,000	$	37	$	1,783

Schedule of Components of Assets and Liabilities Held for Sale

The table below summarizes the components of the assets and liabilities held for sale at March 31, 2026 and December 31, 2025, reflected on the accompanying condensed consolidated balance sheets (dollars in thousands):


	March 31, 2026		December 31, 2025
Assets Held for Sale
Total real estate held for sale	$	10,248	$	10,428
Lease intangibles, net	832		832


Total Assets Held for Sale	$	11,080	$	11,260
Liabilities Held for Sale
Deferred rent liability, net	$	397	$	397



Total Liabilities Held for Sale	$	397	$	397

- Definition

Tabular disclosure of information related to a disposal group. Includes, but is not limited to, a discontinued operation, disposal classified as held-for-sale or disposed of by means other than sale or disposal of an individually significant component.

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+ Details