GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Dream Residential REIT (OTCPK:DRREF) » Definitions » Long-Term Capital Lease Obligation

Dream Residential REIT (Dream Residential REIT) Long-Term Capital Lease Obligation : $0.00 Mil (As of Mar. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Dream Residential REIT Long-Term Capital Lease Obligation?

Dream Residential REIT's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.00 Mil.


Dream Residential REIT Long-Term Capital Lease Obligation Historical Data

The historical data trend for Dream Residential REIT's Long-Term Capital Lease Obligation 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.

* Premium members only.

Dream Residential REIT Long-Term Capital Lease Obligation Chart

Dream Residential REIT Annual Data
Trend Dec22 Dec23
Long-Term Capital Lease Obligation
- -

Dream Residential REIT Quarterly Data
Feb22 Jun22 Sep22 Dec22 Mar23 Jun23 Dec23 Mar24
Long-Term Capital Lease Obligation Get a 7-Day Free Trial - - - - -

Dream Residential REIT  (OTCPK:DRREF) Long-Term Capital Lease Obligation Explanation

Long-Term Capital Lease Obligation are the amount due for long-term asset lease agreements that are nearly equivalent to asset purchases. Capital lease obligations are installment payments that constitute a payment of principal plus interest for the capital lease. The Short-Term Capital Lease Obligation is the portion of a Long-Term Capital Lease Obligation that is due over the next year.

Under US Generally Accepted Accounting Principles (GAAP), a capital lease is essentially equivalent to a purchase by the lessee if it meets the following criteria:

1. Ownership of the asset is transferred to the lessee at the end of the lease term;
2. The lease contains a bargain purchase option to buy the equipment at less than fair market value;
3. The lease term equals or exceeds 75% of the asset's estimated useful life;
4. The present value of the lease payments equals or exceeds 90% of the total original cost of the equipment.

Dream Residential REIT Long-Term Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of Dream Residential REIT's Long-Term Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.


Dream Residential REIT (Dream Residential REIT) Business Description

Industry
Traded in Other Exchanges
Address
30 Adelaide Street East, Suite 301, Toronto, ON, CAN, M5C 3H1
Dream Residential REIT is a Canada-based open-ended, real estate investment trust. It plans to acquire all of the issued and outstanding equity interests in special purpose entities, which collectively own more than 15 multi-residential rental properties. All of its properties are located in the United States.