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Pillarstone Capital REIT (Pillarstone Capital REIT) Gross Property, Plant and Equipment : $0.00 Mil (As of Jun. 2022)


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What is Pillarstone Capital REIT Gross Property, Plant and Equipment?


Pillarstone Capital REIT Gross Property, Plant and Equipment Historical Data

The historical data trend for Pillarstone Capital REIT'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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Pillarstone Capital REIT Gross Property, Plant and Equipment Chart

Pillarstone Capital REIT Annual Data
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Gross Property, Plant and Equipment
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Pillarstone Capital REIT Quarterly Data
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Pillarstone Capital REIT 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.


Pillarstone Capital REIT  (OTCPK:PRLEQ) 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.


Pillarstone Capital REIT Gross Property, Plant and Equipment Related Terms

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Pillarstone Capital REIT (Pillarstone Capital REIT) Business Description

Industry
Traded in Other Exchanges
N/A
Address
2600 South Gessner, Suite 555, Houston, TX, USA, 77063
Pillarstone Capital REIT is a real estate investment trust. It is engaged in the business activity of investing, owning, and operating non-retail, commercial, and residential real estate properties. The company's property portfolio includes Corporate Park Northwest, Corporate Park West, Corporate Park Woodland, Holly Hall, Holly Knight, and Uptown Tower among others located in Houston and Dallas, Texas.
Executives
Paul T Lambert director, 10 percent owner
Dennis Chookaszian director 20 S. WACKER DR., CHICAGO IL 60626
Kathy M Jassem director C/O PILLARSTONE CAPITAL REIT, 2600 S. GESSNER RD., SUITE 555, HOUSTON TX 77063
Mark Schurgin 10 percent owner 9841 AIRPORT BOULEVARD, SUITE 700, LOS ANGELES CA 90045
Jack R Kuhn officer: Senior Vice President 1240 HURON ROAD, SUITE 301, CLEVELAND OH 44115
Paragon Real Estate Development Llc 10 percent owner
Daniel G Devos director 1240 HURON ROAD SUITE 301, CLEVELAND OH 44115
Michael T Oliver director 1240 HURON ROAD SUITE 301, CLEVELAND OH 44115
Steven B Hoyt 10 percent owner 2865 LITTLE ORCHARD WAY, ORONO MN 55391
James C Mastandrea director, 10 percent owner, officer: Chairman, CEO and President 1240 HURON ROAD SUITE 301, CLEVELAND OH 44115
John J Dee officer: Senior Vice President
Daryl J Carter director CAPRI CAPITAL LP, 18301 VON KARMAN AVE STE 750, IRVIN CA 92612
Steven M Edelman officer: Chief Investment Officer
Duane H Lund director, officer: Vice President

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