Gladstone Commercial Corporation Quarterly report pursuant to Section 13 or 15(d)

Stockholders' and Mezzanine Equity (Tables)

6 Months Ended

Jun. 30, 2017

The following table summarizes the changes in our stockholders’ equity for the six months ended June 30, 2017 (dollars in thousands):



	Shares Issued and Retired
	Series A and B Preferred Stock	Common Stock	Senior Common Stock		Series A and B Preferred Stock		Senior Common Stock		Common Stock		Additional Paid in Capital		Other Comprehensive Income		Distributions in Excess of Accumulated Earnings			Total Stockholders' Equity
Balance at December 31, 2016	2,264,000	24,882,758	959,552		$	2	$	1	$	25	$	463,436	$	—	$	(223,587	)	$	239,877
Issuance of Series A and B preferred stock and common stock, net	—	855,238	—		—		—		1		17,886		—		—			17,887
Conversion of senior common stock to common stock	—	16,880	(18,768	)	—		—		—		—		—		—			—
Distributions declared to common, senior common and preferred stockholders	—	—	—		—		—		—		—		—		(24,159		)	(24,159		)
Other comprehensive income	—	—	—		—		—		—		—		179		—			179
Net income	—	—	—		—		—		—		—		—		5,020			5,020
Balance at June 30, 2017	2,264,000	25,754,876	940,784		$	2	$	1	$	26	$	481,322	$	179	$	(242,726	)	$	238,804

We paid the following distributions per share for the three and six months ended June 30, 2017 and 2016:



	For the three months ended June 30,					For the six months ended June 30,
	2017			2016		2017			2016
Common Stock	$	0.375		$	0.375	$	0.750		$	0.750
Senior Common Stock	0.2625			0.2625		0.5250			0.5250
Series A Preferred Stock	0.4843749			0.4843749		0.9687498			0.9687498
Series B Preferred Stock	0.4688			0.4688		0.9375			0.9375
Series C Preferred Stock	—		(1)	0.4453		—		(1)	0.8906
Series D Preferred Stock	0.4375			0.1788		0.8750			0.1788


(1)	We fully redeemed our Series C Preferred Stock on August 19, 2016.