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RAIT Financial Trust (RAIT Financial Trust) Credit Losses Provision

: $0.00 Mil (As of Jun. 2019)
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RAIT Financial Trust's credit losses provision for the three months ended in Jun. 2019 was $-9.51 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Jun. 2019 was $0.00 Mil.

RAIT Financial Trust's quarterly credit losses provision declined from Dec. 2018 ($2.61 Mil) to Mar. 2019 ($-0.58 Mil) and declined from Mar. 2019 ($-0.58 Mil) to Jun. 2019 ($-9.51 Mil).

RAIT Financial Trust's annual credit losses provision increased from Dec. 2016 ($8.05 Mil) to Dec. 2017 ($45.61 Mil) but then declined from Dec. 2017 ($45.61 Mil) to Dec. 2018 ($32.88 Mil).


RAIT Financial Trust Credit Losses Provision Historical Data

The historical data trend for RAIT Financial Trust's Credit Losses Provision 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.

* Premium members only.

RAIT Financial Trust Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Credit Losses Provision
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.50 8.30 8.05 45.61 32.88

RAIT Financial Trust Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
Credit Losses Provision 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 Premium Member Only Premium Member Only Premium Member Only 14.75 7.49 2.61 -0.58 -9.51

RAIT Financial Trust Credit Losses Provision Calculation

For each period of operations, banks may reserve a portion of their income to cover the possible non-performing loans. The amount of the Credit Losses Provision is dependent on the management's estimate of the load quality they have. The higher Credit Losses Provision is, the lower banks' reported income in. This does not affect banks' cash flow statement.

Credit Losses Provision for the trailing twelve months (TTM) ended in Jun. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

* 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.


RAIT Financial Trust (RAIT Financial Trust) Business Description

Traded in Other Exchanges
N/A
Address
100 North 18th Street, Two Logan Square, 23rd Floor, Philadelphia, PA, USA, 19103
RAIT Financial Trust is a United States-based real estate investment trust. Through its subsidiaries, the company invests in and manages a portfolio of commercial real estate (CRE) loans and properties. It operates in the business segment of real estate lending, owning and managing segment which focuses on lending, owning and managing commercial real estate assets throughout the United States. The form of the company's investments ranged from first mortgage loans to equity ownership of a commercial real estate property. It derives main revenue in the form of property income.

RAIT Financial Trust (RAIT Financial Trust) Headlines

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