Gladstone Commercial Corporation Balance Sheet

Quarterly: March 2012 - December 2009 Previous Quarters
Annual

Assets	2012-03	2011-12	2011-09	2011-06	2011-03	2010-12	2010-09	2010-06	2010-03	2009-12
Cash & Short Term Investments	5.689M	3.329M	2.41M	2.315M	14.32M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Receivables	12.67M	12.40M	12.15M	11.90M	10.66M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Inventory						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Prepaid Expenses						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Other Current Assets						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Total Current Assets	18.36M	15.73M	14.56M	14.22M	24.98M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Gross Property, Plant & Equipment	452.16M	442.52M	420.24M	419.72M	397.87M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Accumulated Depreciation	56.57M	53.78M	51.12M	48.54M	46.05M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Net Property, Plant & Equipment	395.59M	388.74M	369.12M	371.18M	351.82M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Long Term Investments						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Goodwill & Intangibles	39.88M	37.67M	31.79M	32.80M	29.43M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Other Long Term Assets	8.612M	7.535M	8.499M	6.713M	6.81M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Total Long Term Assets	449.62M	437.42M	412.53M	413.80M	391.17M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Total Assets	467.97M	453.15M	427.09M	428.02M	416.15M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Liabilities	2012-03	2011-12	2011-09	2011-06	2011-03	2010-12	2010-09	2010-06	2010-03	2009-12
Current Portion of Long Term Debt		18.70M	9.10M	8.20M	20.90M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Accounts Payable	3.305M	1.956M	1.268M	1.873M	2.07M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Accrued Expenses						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Deferred Revenues						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Other Current Liabilities						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Total Current Liabilities	285.37M	306.01M	276.38M	277.20M	283.00M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Total Long Term Debt						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Shareholder's Equity	2012-03	2011-12	2011-09	2011-06	2011-03	2010-12	2010-09	2010-06	2010-03	2009-12
Deferred Income Tax						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Minority Interest						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Other Long Term Liabilities	12.43M	11.83M	11.42M	10.96M	9.724M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Total Long Term Liabilities	50.93M	11.83M	11.42M	10.96M	9.724M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Total Liabilities	336.30M	317.83M	287.80M	288.16M	292.73M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Common Shares Outstanding	10.94M	10.94M	10.94M	10.77M	9.571M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Preferred Stock	0.002M	0.002M	0.002M	0.002M	0.002M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Common Stock, Net	0.011M	0.011M	0.011M	0.011M	0.01M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Additional Paid-in Capital	211.76M	211.55M	211.51M	208.66M	188.82M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Retained Earnings	-79.68M	-75.83M	-71.80M	-68.39M	-64.98M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Treasury Stock						Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Other Shareholder's Equity	-0.421M	-0.422M	-0.426M	-0.431M	-0.432M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Shareholder's Equity	131.67M	135.31M	139.29M	139.86M	123.42M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro
Total Liabilities & Shareholder's Equity	467.97M	453.15M	427.09M	428.02M	416.15M	Go Pro	Go Pro	Go Pro	Go Pro	Go Pro