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Morguard (Morguard) Buildings And Improvements : $249.7 Mil (As of Dec. 2023)


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What is Morguard Buildings And Improvements?

Morguard's quarterly buildings and improvements declined from Jun. 2023 ($250.8 Mil) to Sep. 2023 ($247.0 Mil) but then increased from Sep. 2023 ($247.0 Mil) to Dec. 2023 ($249.7 Mil).

Morguard's annual buildings and improvements declined from Dec. 2021 ($400.3 Mil) to Dec. 2022 ($244.9 Mil) but then increased from Dec. 2022 ($244.9 Mil) to Dec. 2023 ($249.7 Mil).


Morguard Buildings And Improvements Historical Data

The historical data trend for Morguard's Buildings And Improvements 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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Morguard Buildings And Improvements Chart

Morguard Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Buildings And Improvements
Get a 7-Day Free Trial Premium Member Only Premium Member Only 448.95 436.58 400.26 244.86 249.68

Morguard Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Buildings And Improvements 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 244.86 242.82 250.78 246.99 249.68

Morguard Buildings And Improvements Calculation

Buildings are typically valued at the time of acquisition or construction.  Broker and architect fees, permits, etc. can be covered within this category.  Building components, such as a roof, are normally recorded separately in an asset register since the value and useful lives of these components equal much less than the building itself.

Building improvements that extend the useful life of a building will fall into the category of “building improvements” and should be capitalized.  Improvements are commonly recorded at acquisition cost.  Building improvement examples include roofing, remodeling, replacements, etc.


Morguard (Morguard) Business Description

Traded in Other Exchanges
Address
55 City Centre Drive, Suite 1000, Legal Department, Mississauga, ON, CAN, L5B 1M3
Morguard Corp is a real estate company that acquires, owns, and develops properties in Canada and the United States. The company operates through three business divisions: investments in real property, ownership in real estate investment trusts (including Morguard REIT and Morguard North American Residential REIT), and real estate advisory services and portfolio management. This advisory segment focuses on publicly traded equities and fixed-income securities for institutional clients and private investors. Morguard owns a portfolio of residential, retail, office, industrial, and hotel properties. The company also offers real estate management services and property investment advisory services.

Morguard (Morguard) Headlines

From GuruFocus

Morguard Corp - A Deep Value Canadian Real Estate Stock

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