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New England Realty Associates LP (New England Realty Associates LP) Gross Property, Plant and Equipment : $0.00 Mil (As of Dec. 2023)


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What is New England Realty Associates LP Gross Property, Plant and Equipment?


New England Realty Associates LP Gross Property, Plant and Equipment Historical Data

The historical data trend for New England Realty Associates LP's Gross Property, Plant and Equipment 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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New England Realty Associates LP Gross Property, Plant and Equipment Chart

New England Realty Associates LP Annual Data
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Gross Property, Plant and Equipment
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New England Realty Associates LP Quarterly Data
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New England Realty Associates LP Gross Property, Plant and Equipment Calculation

Property, Plant and Equipment (PPE) are the fixed assets of the company. Fixed assets are also known as non-current assets.

Property, plant, and equipment includes assets that will - in the normal course of business - neither be used up in the next year nor will become a part of any product sold to customers.

Some of the most common parts of property, plant, and equipment are:


Land
Buildings (and leasehold improvements)
Transportation equipment
Manufacturing equipment
Office equipment
Office furniture

Companies with lots of property, plant, and equipment often have special categories. For example, railroad property includes:


Track
Ties
Ballast
Bridges
Tunnels
Signals
Locomotives
Freight Cars

There is often a note in the financial statements - found in a company's 10-K - that will explain the different categories of property a company owns.

The market value of property, plant, and equipment can differ tremendously from the book value of property, plant, and equipment.

For example, when Berkshire Hathaway liquidated its textile mills, it had to pay the buyers of the company's manufacturing equipment to haul the equipment away. That property, plant, and equipment was literally worth less than zero. On the other hand, some companies own thousands of acres of land.

All property, plant, and equipment other than land is depreciated. Land is never depreciated. However, land is not marked up to market value either. Under Generally Accepted Accounting Principles (GAAP), land is shown on the balance sheet at cost.

The property, plant, and equipment line shown on the balance sheet is usually net property, plant, and equipment. This means it is the cost of the property, plant, and equipment less accumulated depreciation.


New England Realty Associates LP  (AMEX:NEN) Gross Property, Plant and Equipment Explanation

A company with durable competitive advantage doesn't need to constantly upgrade its equipment to stay competitive. The company replaces when it wears out. On the other hand, a company without any advantages must replace to keep pace.

Difference between a company with a moat and one without is that the company with the competitive advantage finances new equipment through internal cash flows, whereas the no advantage company requires debt to finance.

Producing a consistent product that doesn't change equates to consistent profits. There is no need to upgrade plants which frees up cash for other ventures. Think Coca Cola, Johnson & Johnson etc.


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New England Realty Associates LP (New England Realty Associates LP) Business Description

Traded in Other Exchanges
N/A
Address
39 Brighton Avenue, Allston, MA, USA, 02134
New England Realty Associates LP is engaged in the business of acquiring, developing, holding for investment, operating and selling real estate. The Partnership owns and operates various residential apartments, condominium units and commercial properties located in Massachusetts and New Hampshire. The company generates revenue from rental income from residential and commercial properties recognized over the term of the related lease. The long-term goals of the Partnership are to manage, rent and improve its properties and to acquire additional properties with income and capital appreciation potential as suitable opportunities arise.
Executives
Jameson Pruitt Brown director, officer: Treasurer NEW ENGLAND REALTY ASSOCIATES LP, 39 BRIGHTON AVENUE, ALLSTON MA 02360
Ronald Brown officer: President NEW ENGLAND REALTY ASSOCIATES LP, 39 BRIGHTON AVENUE, ALLSTON MA 02134
Carl Anthony Valeri other: 5% Owner, Asset Manager 50 UDINE STREET, ARLINGTON MA 02476
Harold Brown director, 10 percent owner, officer: Treas. & Dir. of Gen. Ptnr NEN 39 BRIGHTON AVE, ALLSTON MA 02134
1999 Revocable Trust 10 percent owner C/O NEW ENGLAND REALTY ASSOCIATES LP, 39 BRIGHTON AVENUE, ALLSTON MA 02025
Nera 1994 Irrevocable Trust 10 percent owner, officer: Treasurer C/O LANE AITMAN & OWENS, 101 FEDERAL STREET, BOSTON MA 02110
David R Jarvis 10 percent owner C/O MERCURY REAL ESTATE ADVISORS LLC, 100 FIELD POINT ROAD, GREENWICH CT 06830
Mercury Real Estate Securities Offshore Fund, Ltd. 10 percent owner 100 FIELD POINT ROAD, GREENWICH CT 06830
Silvercreek Sav Llc 10 percent owner C/O MERCURY REAL ESTATE ADVISORS LLC, 100 FIELD POINT ROAD, GREENWICH CT 06830
Mercury Special Situations Offshore Fund Ltd 10 percent owner P O BOX 3460 RD TOWN, TORTOLA BVI E9 00000
Maclean Malcolm F Iv 10 percent owner C/O ASPEN GROUP, INC., 1660 SOUTH ALBION STREET, SUITE 525, DENVER CO 80222
Mercury Real Estate Securities Fund Lp 10 percent owner 100 FIELD POINT ROAD, GREENWICH CT 06830
Mercury Mayfair Llc 10 percent owner 100 FIELD POINT ROAD, FIRST FLOOR, GREENWICH CT 06830
Mercury Special Situations Fund L P 10 percent owner 100 FIELD POINT RD, GREENWICH CT 06830
Mercury Securities Ii Llc 10 percent owner 100 FIELD POINT ROAD, FIRST FLOOR, GREENWICH CT 06830

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