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Tutor Perini Corp (NYSE:TPC)
Buildings And Improvements
$118 Mil (As of Dec. 2013)

Tutor Perini Corp's quarterly buildings and improvements stayed the same from Jun. 2013 ($0 Mil) to Sep. 2013 ($0 Mil) but then increased from Sep. 2013 ($0 Mil) to Dec. 2013 ($118 Mil).

Tutor Perini Corp's annual buildings and improvements increased from Dec. 2011 ($105 Mil) to Dec. 2012 ($116 Mil) and increased from Dec. 2012 ($116 Mil) to Dec. 2013 ($118 Mil).


Definition

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.


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Tutor Perini Corp Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
BuildingsAndImprovements 17292935728689105116118

Tutor Perini Corp Quarterly Data

Sep11Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13
BuildingsAndImprovements 0105000116000118
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