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GuruFocus has detected 9 Warning Signs with Griffin Industrial Realty Inc $GRIF.
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Griffin Industrial Realty Inc (NAS:GRIF)
Construction In Progress
$2.67 Mil (As of Feb. 2017)

Griffin Industrial Realty Inc's quarterly construction in progress increased from Aug. 2016 ($1.45 Mil) to Nov. 2016 ($1.66 Mil) and increased from Nov. 2016 ($1.66 Mil) to Feb. 2017 ($2.67 Mil).

Griffin Industrial Realty Inc's annual construction in progress increased from Nov. 2014 ($0.00 Mil) to Nov. 2015 ($10.24 Mil) but then declined from Nov. 2015 ($10.24 Mil) to Nov. 2016 ($1.66 Mil).


Definition

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Griffin Industrial Realty Inc Annual Data

Nov07Nov08Nov09Nov10Nov11Nov12Nov13Nov14Nov15Nov16
ConstructionInProgress 0.000.000.000.000.000.000.000.0010.241.66

Griffin Industrial Realty Inc Quarterly Data

Nov14Feb15May15Aug15Nov15Feb16May16Aug16Nov16Feb17
ConstructionInProgress 0.000.000.000.0010.240.0013.501.451.662.67
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