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Dream Office Real Estate Investment Trust (TSX:D.UN) Long-Term Capital Lease Obligation : C$4.0 Mil (As of Mar. 2024)


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What is Dream Office Real Estate Investment Trust Long-Term Capital Lease Obligation?

Dream Office Real Estate Investment Trust's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$4.0 Mil.

Dream Office Real Estate Investment Trust's quarterly Long-Term Capital Lease Obligation increased from Sep. 2023 (C$0.0 Mil) to Dec. 2023 (C$4.0 Mil) but then declined from Dec. 2023 (C$4.0 Mil) to Mar. 2024 (C$4.0 Mil).

Dream Office Real Estate Investment Trust's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (C$4.1 Mil) to Dec. 2022 (C$4.1 Mil) and declined from Dec. 2022 (C$4.1 Mil) to Dec. 2023 (C$4.0 Mil).


Dream Office Real Estate Investment Trust Long-Term Capital Lease Obligation Historical Data

The historical data trend for Dream Office Real Estate Investment Trust's Long-Term Capital Lease Obligation 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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Dream Office Real Estate Investment Trust Long-Term Capital Lease Obligation Chart

Dream Office Real Estate Investment Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.20 4.16 4.11 4.06 4.00

Dream Office Real Estate Investment Trust Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Long-Term Capital Lease Obligation 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 - - - 4.00 3.99

Dream Office Real Estate Investment Trust  (TSX:D.UN) Long-Term Capital Lease Obligation Explanation

Long-Term Capital Lease Obligation are the amount due for long-term asset lease agreements that are nearly equivalent to asset purchases. Capital lease obligations are installment payments that constitute a payment of principal plus interest for the capital lease. The Short-Term Capital Lease Obligation is the portion of a Long-Term Capital Lease Obligation that is due over the next year.

Under US Generally Accepted Accounting Principles (GAAP), a capital lease is essentially equivalent to a purchase by the lessee if it meets the following criteria:

1. Ownership of the asset is transferred to the lessee at the end of the lease term;
2. The lease contains a bargain purchase option to buy the equipment at less than fair market value;
3. The lease term equals or exceeds 75% of the asset's estimated useful life;
4. The present value of the lease payments equals or exceeds 90% of the total original cost of the equipment.

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Dream Office Real Estate Investment Trust Business Description

Traded in Other Exchanges
Address
30 Adelaide Street East, Suite 301, State Street Financial Centre, Toronto, ON, CAN, M5C 3H1
Dream Office Real Estate Investment Trust is a real estate investment trust that acquires, manages, and leases primarily central business district and suburban office properties in urban areas throughout Canada. The majority of the company's real estate portfolio, in terms of revenue generation, is located in the Canadian province of Ontario. The province of Alberta also brings in a sizable percentage of revenue. The company generates nearly all of its revenue in the form of rental income from mid-to long-term lease agreements with tenants. The company's office buildings located in central business districts are responsible for the vast majority of its revenue generation. Most of Dream Office's customers are in the finance, insurance, science, and government industries.

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