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AlerisLife (AlerisLife) Long-Term Capital Lease Obligation : $7.7 Mil (As of Sep. 2022)


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What is AlerisLife Long-Term Capital Lease Obligation?

AlerisLife's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2022 was $7.7 Mil.

AlerisLife's quarterly Long-Term Capital Lease Obligation declined from Mar. 2022 ($9.0 Mil) to Jun. 2022 ($8.7 Mil) and declined from Jun. 2022 ($8.7 Mil) to Sep. 2022 ($7.7 Mil).

AlerisLife's annual Long-Term Capital Lease Obligation increased from Dec. 2019 ($19.7 Mil) to Dec. 2020 ($21.0 Mil) but then declined from Dec. 2020 ($21.0 Mil) to Dec. 2021 ($12.4 Mil).


AlerisLife Long-Term Capital Lease Obligation Historical Data

The historical data trend for AlerisLife'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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AlerisLife Long-Term Capital Lease Obligation Chart

AlerisLife Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 19.67 21.03 12.42

AlerisLife Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 12.83 12.42 9.01 8.67 7.68

AlerisLife  (NAS:ALR) 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.

AlerisLife Long-Term Capital Lease Obligation Related Terms

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AlerisLife (AlerisLife) Business Description

Traded in Other Exchanges
N/A
Address
400 Centre Street, Newton, MA, USA, 02458-2076
AlerisLife Inc is a provider of an evolving portfolio of residential and lifestyle services to older adults, that are financially flexible and choice-based. The company operates through two reportable segments; Residential and Lifestyle services. In the Residential segment, the company manages independent living communities and assisted living communities, and through its Lifestyle services segment, it provides a comprehensive suite of rehabilitation and wellness services, including physical, occupational, speech and other specialized therapy services. With roots in senior living, it is seeking to pioneer nontraditional ways to meet the needs of coming generations of aging adults.
Executives
Adam D. Portnoy 10 percent owner C/O THE RMR GROUP LLC, TWO NEWTON PL., 255 WASH. ST., STE. 300, NEWTON MA 02458
Philip Benjamson officer: Senior Vice President & COO C/O ALERISLIFE INC., TWO NEWTON PLACE, 255 WASHINGTON STREET, NEWTON MA 02458
Heather Pereira officer: Senior Vice President & CFO C/O ALERISLIFE INC., 400 CENTRE STREET, NEWTON MA 02458
Lauren C. Cody officer: EVP & CCO C/O FIVE STAR SENIOR LIVING INC., 400 CENTRE STREET, NEWTON MA 02458
Stephen R. Geiger officer: VP & CAO C/O FIVE STAR SENIOR LIVING INC., 400 CENTRE STREET, NEWTON MA 02458
Dhc Holdings Llc 10 percent owner C/O THE RMR GROUP LLC, 255 WASHINGTON STREET, SUITE 300, NEWTON MA 02458
Jennifer B Clark director
Michael E. Wagner director C/O FIVE STAR SENIOR LIVING INC., 400 CENTRE STREET, NEWTON MA 02458
Senior Housing Properties Trust 10 percent owner C/O THE RMR GROUP, TWO NEWTON PL., 255 WASH. ST., STE. 300, NEWTON MA 02458
Ellen Snow officer: Chief Accounting Officer C/O PEAR THERAPEUTICS, INC., 200 STATE STREET, 13TH FLOOR, BOSTON MA 02109
Margaret S. Wigglesworth officer: SVP & COO C/O FIVE STAR SENIOR LIVING INC., 400 CENTRE STREET, NEWTON MA 02458
Jeffrey C. Leer officer: CFO and Treasurer C/O FIVE STAR SENIOR LIVING INC., 400 CENTRE STREET, NEWTON MA 02458
Abp Trust 10 percent owner TWO NEWTON PLACE, 255 WASHINGTON STREET, SUITE 300, NEWTON MA 02458
Abp Acquisition Llc 10 percent owner TWO NEWTON PLACE, 255 WASHINGTON STREET, NEWTON MA 02458
Doyle Richard A Jr officer: Treasurer and C.F.O. C/O FIVE STAR QUALITY CARE, INC., 400 CENTRE STREET, NEWTON MA 02458

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