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Granite Point Mortgage Trust (Granite Point Mortgage Trust) Accounts Payable & Accrued Expense : $11.64 Mil (As of Mar. 2024)


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What is Granite Point Mortgage Trust Accounts Payable & Accrued Expense?

Granite Point Mortgage Trust's quarterly accounts payable & accrued expense declined from Sep. 2023 ($14.34 Mil) to Dec. 2023 ($14.14 Mil) and declined from Dec. 2023 ($14.14 Mil) to Mar. 2024 ($11.64 Mil).

Granite Point Mortgage Trust's annual accounts payable & accrued expense declined from Dec. 2021 ($14.41 Mil) to Dec. 2022 ($14.32 Mil) and declined from Dec. 2022 ($14.32 Mil) to Dec. 2023 ($14.14 Mil).


Granite Point Mortgage Trust Accounts Payable & Accrued Expense Historical Data

The historical data trend for Granite Point Mortgage Trust's Accounts Payable & Accrued Expense 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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Granite Point Mortgage Trust Accounts Payable & Accrued Expense Chart

Granite Point Mortgage Trust Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Payable & Accrued Expense
Get a 7-Day Free Trial Premium Member Only 23.06 25.05 14.41 14.32 14.14

Granite Point Mortgage Trust Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Accounts Payable & Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14.31 14.34 14.34 14.14 11.64

Granite Point Mortgage Trust Accounts Payable & Accrued Expense Calculation

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.


Granite Point Mortgage Trust (Granite Point Mortgage Trust) Business Description

Traded in Other Exchanges
Address
3 Bryant Park, Suite 2400A, New York, NY, USA, 10036
Granite Point Mortgage Trust Inc focuses on directly originating, investing in, and managing senior floating-rate commercial mortgage loans and other debt and debt-like commercial real estate investments. The company constructs its investment portfolio on a loan-by-loan basis, emphasizing rigorous credit underwriting, selectivity, and diversification, and assesses each investment from a fundamental value perspective relative to other opportunities available in the market. It typically provides intermediate-term bridge or transitional financing for a variety of purposes, including acquisitions, recapitalizations, refinancing, and a range of business plans, including lease-up, renovation, repositioning, and repurposing of the property.
Executives
John A Taylor director, officer: President and CEO 3 BRYANT PARK, #2400A, NEW YORK NY 10036
Marcin Urbaszek officer: Chief Financial Officer 3 BRYANT PARK, 24TH FLOOR, NEW YORK NY 10036
Sheila K. Mcgrath director 3 BRYANT PARK, SUITE 2400A, NEW YORK NY 10036
William Reid Sanders director C/O TWO HARBORS INVESTMENT CORP., 1601 UTICA AVENUE SOUTH, SUITE 900, ST. LOUIS PARK MN 55416
Stephen Alpart officer: Chief Investment Officer 3 BRYANT PARK, 24TH FLOOR, NEW YORK NY 10036
Steven Plust officer: Chief Operating Officer 3 BRYANT PARK, 24TH FLOOR, NEW YORK NY 10036
Michael J. Karber officer: General Counsel and Secretary 3 BRYANT PARK, 24TH FLOOR, NEW YORK NY 10036
Peter M. Morral officer: Chief Development Officer 3 BRYANT PARK, SUITE 2400A, NEW YORK NY 10036
Devin Chen director 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Rebecca B Sandberg officer: General Counsel and Secretary 1601 UTICA AVENUE SOUTH, SUITE 900, ST. LOUIS PARK MN 55416
Brian Taylor director C/O PINE RIVER CAPITAL MANAGEMENT, 601 CARLSON PARKWAY, 7TH FLOOR, MINNETONKA MN 55305
William Roth director TWO HARBORS INVESTMENT CORP., 601 CARLSON PARKWAY, SUITE 1400, MINNETONKA MN 55305
Two Harbors Investment Corp. 10 percent owner 1601 UTICA AVENUE SOUTH, SUITE 900, ST. LOUIS PARK MN 55416
Capitol Acquisition Corp 10 percent owner 601 CARLSON PARKWAY, SUITE 1400, MINNETONKA MN 55305
Two Harbors Operating Co Llc 10 percent owner 601 CARLSON PARKWAY, SUITE 1400, MINNETONKA MN 55305

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