Granite Real Estate Investment Trust (Granite Real Estate Investment Trust) Other Operating Expense : $1.7 Mil (TTM As of Dec. 2023)

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What is Granite Real Estate Investment Trust Other Operating Expense?

Granite Real Estate Investment Trust's Other Operating Expense for the three months ended in Dec. 2023 was $0.4 Mil. Its Other Operating Expense for the trailing twelve months (TTM) ended in Dec. 2023 was $1.7 Mil.

Granite Real Estate Investment Trust's quarterly Other Operating Expense increased from Jun. 2023 ($0.4 Mil) to Sep. 2023 ($0.5 Mil) but then declined from Sep. 2023 ($0.5 Mil) to Dec. 2023 ($0.4 Mil).

Granite Real Estate Investment Trust's annual Other Operating Expense increased from Dec. 2021 ($1.5 Mil) to Dec. 2022 ($1.8 Mil) but then declined from Dec. 2022 ($1.8 Mil) to Dec. 2023 ($1.7 Mil).

Granite Real Estate Investment Trust Other Operating Expense Historical Data

The historical data trend for Granite Real Estate Investment Trust's Other Operating Expense 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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Granite Real Estate Investment Trust Other Operating Expense Chart

Granite Real Estate Investment Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Other Operating Expense

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1.03

1.34

1.52

1.81

1.69

Granite Real Estate Investment Trust Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Other Operating Expense	Get a 7-Day Free Trial															0.54	0.38	0.39	0.49	0.42

Granite Real Estate Investment Trust Other Operating Expense Calculation

GuruFocus uses a standardized financial statement format for all companies. For non-financial companies, GuruFocus lists Selling, General, & Admin. Expense, , Research & Development, and Other Operating Expense under the "Total Operating Expense" section.

Other Operating Expense sometimes includes:
Restructuring, and merger
Acquisition related and other
Litigation settlement charge
Other (too numerous to list)

Some companies can and do choose to report each of these items separately. Yet, there are a variety of Other Operating Expense which are simply too numerous to list.

Other Operating Expense for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.7 Mil.

Granite Real Estate Investment Trust Other Operating Expense Related Terms

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Granite Real Estate Investment Trust (Granite Real Estate Investment Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Granite Real Estate Investment Trust (NYSE:GRP.U) » Definitions » Other Operating Expense

Comparable Companies

Traded in Other Exchanges

4I7:Germany GRT.UN:Canada

Address

77 King Street West, Suite 4010, P.O. Box 159, Toronto-Dominion Centre, Toronto, ON, CAN, M5K 1H1

Website

https://www.granitereit.com

Granite Real Estate Investment Trust, or Granite, is a real estate investment trust engaged in the acquisition, development, ownership and management of of logistics, warehouse and industrial properties in North America and Europe. Granite's portfolio comprises various manufacturing, corporate office, warehouse and logistics, and product engineering facilities. The vast majority of the company's assets are logistics and distribution warehouses and multipurpose buildings split fairly evenly amongst Canadian, Austrian, and U.S. locations. Granite derives nearly all of its revenue in the form of rental income from its properties. The company's tenant is Magna International, an automotive parts and systems manufacturer, which accounts for the majority of Granite's lease income.