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Rexford Industrial Realty (Rexford Industrial Realty) Gross Property, Plant and Equipment : $0.0 Mil (As of Mar. 2024)


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What is Rexford Industrial Realty Gross Property, Plant and Equipment?


Rexford Industrial Realty Gross Property, Plant and Equipment Historical Data

The historical data trend for Rexford Industrial Realty'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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Rexford Industrial Realty Gross Property, Plant and Equipment Chart

Rexford Industrial Realty Annual Data
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Gross Property, Plant and Equipment
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Rexford Industrial Realty Quarterly Data
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Rexford Industrial Realty 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.


Rexford Industrial Realty  (NYSE:REXR) 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.


Rexford Industrial Realty Gross Property, Plant and Equipment Related Terms

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Rexford Industrial Realty (Rexford Industrial Realty) Business Description

Industry
Address
11620 Wilshire Boulevard, Suite 1000, Los Angeles, CA, USA, 90025
Rexford Industrial Realty Inc is a real estate investment trust primarily engaged in the acquisition, ownership, and operation of industrial properties in Southern California. The company mainly focuses on leasing facilities in infill markets or relatively wealthy urban areas with a general scarcity of developable land. The vast majority of Rexford's real estate portfolio, in terms of square footage, revenue generation, and total value, comprises light manufacturing and distribution warehouse buildings located in Los Angeles and San Diego. The company's largest tenants are firms in the wholesale and retail, light manufacturing, industrial equipment, and food and beverage industries.
Executives
Laura E Clark officer: Chief Financial Officer 11620 WILSHIRE BOULEVARD, SUITE 1000, LOS ANGELES CA 90025
Howard Schwimmer director, officer: Co-CEO, Co-President 11620 WILSHIRE BOULEVARD, SUITE 300, LOS ANGELES CA 90025
David E. Lanzer officer: General Counsel 11620 WILSHIRE BLVD, SUITE 1000, LOS ANGELES CA 90025
Angela L. Kleiman director 1100 PARK PLACE, SUITE 200, SAN MATEO CA 94403
Michael S. Frankel director, officer: Co-CEO 11620 WILSHIRE BOULEVARD, SUITE 300, LOS ANGELES CA 90025
Debra L Morris director 11620 WILSHIRE BOULEVARD, SUITE 1000, LOS ANGELES CA 90025
Richard S Ziman director C/O AVP ADVISORS INC., 10940 WILSHIRE BLVD., STE. 1950, LOS ANGELES CA 90024
Adeel Khan officer: Chief Financial Officer 11620 WILSHIRE BOULEVARD, SUITE 300, LOS ANGELES CA 90025
Steven C Good director 11755 WILSHIRE BOULEVARD, SUITE 1700, LOS ANGELES CA 90025
Diana J Ingram director 11620 WILSHIRE BOULEVARD, SUITE 1000, LOS ANGELES CA 90025
Tyler H Rose director 12200 W OLYMPIC BLVD, SUITE 200, LOS ANGELES CA 90064
Peter E Schwab director C/O TENNENBAUM CAPITAL PARTNERS, LLC, 2951 28TH STREET, SUITE 1000, SANTA MONICA CA 90405
Jonathan Abrams officer: General Counsel 355 SOUTH GRAND AVENUE, SUITE 3300, LOS ANGELES CA 90071
Joel S Marcus director C/O ALEXANDRIA REAL ESTATE EQUITIES, INC, 26 NORTH EUCLID AVENUE, PASADENA CA 91101
Leslie E Bider director 1299 OCEAN AVENUE, SUITE 1000, SANTA MONICA CA 90401