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Gladstone Commercial Corporation GOOD Administrative Fees Expense

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Gladstone Commercial Corporation logo
Gladstone Commercial CorporationGOOD
$622K+5.4%

Other financials

Income statement

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Revenue$44.0M+11.3%
Net income$8.3M+78.4%
EPS (diluted)$0.11+267%

Balance sheet

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Cash & equivalents$15.8M-0.6%
Total debt$250.7M-5.3%
Total equity$157.4M-11.2%
Total assets$1.2B+2.7%

Cash flow

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Operating cash flow$17.6M-51.0%

Valuation

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Market cap$618.16M+1.7%
Enterprise value$853.11M-0.4%
P/E25×+3.8×
P/S3.6×-0.3×

Profitability

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Net margin14.5%-4.1pp

Returns & leverage

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Return on equity14.8%-2.9pp
Debt / equity1.6×+0.1×

Where this comes from

Reported directly by Gladstone Commercial Corporation in its filing.

Tagged under the XBRL concept us-gaap:AdministrativeFeesExpense.

The source filing: Gladstone Commercial Corporation’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 4:02 PM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q3 2026
Accession
0001234006-26-000018
Line itemFor the three months ended June 30, 2026For the three months ended June 30, 2025For the six months ended June 30, 2026For the six months ended June 30, 2025
Property operating expenses7,1577,25814,19214,158
Base management fee (1)1,7451,6403,4803,207
Incentive fee (1)5977091,1951,348
Administration fee (1)6225901,2931,212
General and administrative1,1811,4002,1872,284
Impairment charge99
Total operating expense before incentive fee waiver$26,259$25,855$52,100$49,710
Incentive fee waiver (1)(22)(709)(619)(709)

Item 1. Financial Statements (Unaudited)

FAQ

What is Gladstone Commercial Corporation's administrative fees expense?
Gladstone Commercial Corporation (GOOD) reported administrative fees expense of $622K in Q2 2026.
How has Gladstone Commercial Corporation's administrative fees expense changed year-over-year?
Gladstone Commercial Corporation's administrative fees expense increased by 5.4% year-over-year, from $590K to $622K.
What is the long-term trend for Gladstone Commercial Corporation's administrative fees expense?
Over 4 years (2021 to 2025), Gladstone Commercial Corporation's administrative fees expense has grown at a 15.5% compound annual growth rate (CAGR), from $1.45M to $2.58M.
What does administrative fees expense mean?
General overhead costs incurred for corporate governance, legal, accounting, and other administrative functions necessary to operate the REIT. These expenses reflect the fixed cost burden of maintaining the corporate entity.

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