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Creative Mediammunity Trust (Creative Mediammunity Trust) Gross Property, Plant and Equipment : $0.0 Mil (As of Dec. 2023)


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What is Creative Mediammunity Trust Gross Property, Plant and Equipment?


Creative Mediammunity Trust Gross Property, Plant and Equipment Historical Data

The historical data trend for Creative Mediammunity Trust's Gross Property, Plant and Equipment can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Creative Mediammunity Trust Gross Property, Plant and Equipment Chart

Creative Mediammunity Trust Annual Data
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Gross Property, Plant and Equipment
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Creative Mediammunity Trust Quarterly Data
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Creative Mediammunity Trust Gross Property, Plant and Equipment Calculation

Property, Plant and Equipment (PPE) are the fixed assets of the company. Fixed assets are also known as non-current assets.

Property, plant, and equipment includes assets that will - in the normal course of business - neither be used up in the next year nor will become a part of any product sold to customers.

Some of the most common parts of property, plant, and equipment are:


Land
Buildings (and leasehold improvements)
Transportation equipment
Manufacturing equipment
Office equipment
Office furniture

Companies with lots of property, plant, and equipment often have special categories. For example, railroad property includes:


Track
Ties
Ballast
Bridges
Tunnels
Signals
Locomotives
Freight Cars

There is often a note in the financial statements - found in a company's 10-K - that will explain the different categories of property a company owns.

The market value of property, plant, and equipment can differ tremendously from the book value of property, plant, and equipment.

For example, when Berkshire Hathaway liquidated its textile mills, it had to pay the buyers of the company's manufacturing equipment to haul the equipment away. That property, plant, and equipment was literally worth less than zero. On the other hand, some companies own thousands of acres of land.

All property, plant, and equipment other than land is depreciated. Land is never depreciated. However, land is not marked up to market value either. Under Generally Accepted Accounting Principles (GAAP), land is shown on the balance sheet at cost.

The property, plant, and equipment line shown on the balance sheet is usually net property, plant, and equipment. This means it is the cost of the property, plant, and equipment less accumulated depreciation.


Creative Mediammunity Trust  (NAS:CMCT) Gross Property, Plant and Equipment Explanation

A company with durable competitive advantage doesn't need to constantly upgrade its equipment to stay competitive. The company replaces when it wears out. On the other hand, a company without any advantages must replace to keep pace.

Difference between a company with a moat and one without is that the company with the competitive advantage finances new equipment through internal cash flows, whereas the no advantage company requires debt to finance.

Producing a consistent product that doesn't change equates to consistent profits. There is no need to upgrade plants which frees up cash for other ventures. Think Coca Cola, Johnson & Johnson etc.


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Creative Mediammunity Trust (Creative Mediammunity Trust) Business Description

Industry
Traded in Other Exchanges
Address
17950 Preston Road, Suite 600, Dallas, TX, USA, 75252
Creative Media & Community Trust is a United states based company that formed to invest in, own, and operate Class A and creative office investments in improving urban communities throughout the United States. It operates through two segments: Office and Hotel, and Lending. The Office segment includes rental of office space and other tenant services, including tenant reimbursements, parking, and storage space rental. The Hotel segment relates to operations of hotel properties whereas, the lending segment refers to income from the yield and other related fee income earned on its loans receivable. The lending segment includes income recognized from the sale of government guaranteed portion of loans receivable, income from the yield on its loans receivable and other related fee income earned.
Executives
Richard S Ressler director, 10 percent owner C/O J2 GLOBAL COMMUNICATIONS, INC., 6922 HOLLYWOOD BLVD, 5TH FLOOR, LOS ANGELES CA 90028
Avraham Shemesh director, 10 percent owner C/O CIM GROUP, LLC, 6922 HOLLYWOOD BLVD. 9TH FLOOR, LOS ANGELES CA 90028
Shaul Kuba director, 10 percent owner C/O CIM GROUP, LLC, 6922 HOLLYWOOD BLVD. 9TH FLOOR, LOS ANGELES CA 90028
Cim Cmct Mlp, Llc other: Member of 10% owner group 4700 WILSHIRE BOULEVARD, LOS ANGELES CA 90010
Marcie L Edwards director 27975 LANGLEY PL, CASTAIC CA 91384
John Hope Bryant director C/O BRYANT GROUP VENTURES, 3473 S. SYCAMORE AVENUE, LOS ANGELES CA 90016
Cim Capital Real Property Management, Llc 10 percent owner 4700 WILSHIRE BOULEVARD, LOS ANGELES CA 90010
Elaine Y Wong director 4700 WILSHIRE BOULEVARD, LOS ANGELES CA 90010
David Andrew Thompson officer: Chief Executive Officer C/O CIM GROUP, LLC, 6922 HOLLYWOOD BLVD. 9TH FLOOR, LOS ANGELES CA 90028
Cim Capital, Llc other: Member of 10% owner group 4700 WILSHIRE BLVD, LOS ANGELES CA 90010
Nathan David Debacker officer: Chief Financial Officer 2325 E. CAMELBACK ROAD, SUITE 1100, PHOENIX AZ 85016
Jan F Salit officer: President and Secretary 18111 PRESTON ROAD SUITE 600, DALLAS TX 75252
Urban Partners Ii, Llc 10 percent owner C/O CIM GROUP, LLC, 6922 HOLLYWOOD BLVD. 9TH FLOOR, LOS ANGELES CA 90028
Cim Service Provider, Llc other: Member of 10% Owner Group C/O CIM GROUP, LLC, 6922 HOLLYWOOD BLVD. 9TH FLOOR, LOS ANGELES CA 90028
Cim Urban Sponsor, Llc other: Member of 10% owner group 4700 WILSHIRE BLVD, LOS ANGELES CA 90010

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