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Equity Lifestyle Properties (Equity Lifestyle Properties) Gross Property, Plant and Equipment : $0 Mil (As of Dec. 2023)


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What is Equity Lifestyle Properties Gross Property, Plant and Equipment?


Equity Lifestyle Properties Gross Property, Plant and Equipment Historical Data

The historical data trend for Equity Lifestyle Properties'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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Equity Lifestyle Properties Gross Property, Plant and Equipment Chart

Equity Lifestyle Properties Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Property, Plant and Equipment
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Equity Lifestyle Properties Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Equity Lifestyle Properties 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.


Equity Lifestyle Properties  (NYSE:ELS) 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.


Equity Lifestyle Properties Gross Property, Plant and Equipment Related Terms

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Equity Lifestyle Properties (Equity Lifestyle Properties) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Two North Riverside Plaza, Suite 800, Chicago, IL, USA, 60606
Equity Lifestyle Properties is a residential REIT that focuses on owning manufactured housing, residential vehicle communities, and marinas. The company currently has a portfolio of 450 properties across the U.S. with a higher concentration in the Sunbelt region with 34% of the company's properties located in Florida, 11% in California, and 10% in Arizona. Equity Lifestyle targets owning properties in attractive retirement destinations with over 70% of the company's properties either being age-restricted or having an average resident age over 55.
Executives
Derrick Burks director C/O EQUITY LIFESTYLE PROPERTIES INC, TWO NORTH RIVERSIDE PLAZA, SUITE 800, CHICAGO IL 60606
Paul Seavey officer: Sr Vice President & Treasurer C/O EQUITY LIFESTYLE PROPERTIES, INC., TWO NORTH RIVERSIDE PLAZA, SUITE 800, CHICAGO IL 60606
Freedman Constance director C/O EQUITY LIFESTYLE PROPERTIES, TWO NORTH RIVERSIDE PLAZA, SUITE 800, CHICAGO IL 60606
Andrew Berkenfield director C/O EQUITY LIFESTYLE PROPERTIES, TWO NORTH RIVERSIDE PLAZA, SUITE 800, CHICAGO IL 60606
Patrick Waite officer: EVP & Chief Operating Officer C/O EQUITY LIFESTYLE PROPERTIES, INC., TWO NORTH RIVERSIDE PLAZA, SUITE 800, CHICAGO IL 60606
Marguerite M Nader officer: Vice President-Business Deve. 2S601 AVENUE LA TOURS, OAK BROOK IL 60523
Valerie Henry officer: Chief Accounting Officer C/O EQUITY LIFESTYLE PROPERTIES, INC., TWO NORTH RIVERSIDE PLAZA, SUITE 800, CHICAGO IL 60606
Roger Maynard officer: Senior Vice President MANUFACTURED HOME COMMUNITIES, INC., 2 N. RIVERSIDE PLAZA #8, CHICAGO IL 60606
Scott R Peppet director 1820 DEER VALLEY ROAD, BOULDER CO 80305
David J Contis director 2 NORTH RIVERSIDE PLAZA, SUITE 600, CHICAGO IL 60606
Samuel Zell director, 10 percent owner, officer: Chairman of the Board TWO N RIVERSIDE PLAZA, SUITE 600, CHICAGO IL 60606
Howard Walker director, officer: Chief Executive Officer MANUFACTURED HOME COMMUNITIES INC, 2 N RIVERSIDE PLAZA 800, CHICAGO IL 60606
Sheli Z Rosenberg director C/O EQUITY GROUP INVESTMENTS, L.L.C., TWO NORTH RIVERSIDE PLAZA, SUITE 600, CHICAGO IL 60606
Matthew Williams director C/O EQUITY LIFESTYLE PROPERTIES, INC., TWO NORTH RIVERSIDE PLAZA, SUITE 800, CHICAGO IL 60606
Tao Huang director C/O MORNINGSTAR, INC., 225 WEST WACKER DRIVE, CHICAGO IL 60606