ARMOUR Residential REIT (ARMOUR Residential REIT) Long-Term Capital Lease Obligation

: $0.00 Mil (As of Dec. 2023)

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ARMOUR Residential REIT's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil.

ARMOUR Residential REIT Long-Term Capital Lease Obligation Historical Data

The historical data trend for ARMOUR Residential REIT'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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ARMOUR Residential REIT Annual Data

Trend

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Long-Term Capital Lease Obligation

ARMOUR Residential REIT Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Long-Term Capital Lease Obligation																-	-	-	-	-

ARMOUR Residential REIT (NYSE:ARR) 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.

ARMOUR Residential REIT Long-Term Capital Lease Obligation Related Terms

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ARMOUR Residential REIT (ARMOUR Residential REIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » ARMOUR Residential REIT Inc (NYSE:ARR) » Definitions » Long-Term Capital Lease Obligation

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BRSP KREF RWT EFC FBRT NYMT CIM MFA DX PMT NLY STWD AGNC RITM BXMT ABR CMTG RC ARI LADR

Traded in Other Exchanges

ARRpC.PFD:USA 2AR:Germany 2AR:Germany

Address

3001 Ocean Drive, Suite 201, Vero Beach, FL, USA, 32963

Website

http://www.armourreit.com

ARMOUR Residential REIT Inc is a real estate investment trust that invests in residential mortgage-backed securities or RMBS. These are issued or guaranteed by U.S.-government-sponsored enterprises, such as Fannie Mae, Freddie Mac, or Ginnie Mae. The company's investment portfolio is composed of mortgage-backed securities, adjustable-rate mortgage securities, and multifamily mortgage-backed securities. In terms of total fair value, most Armour's investments are long-term, fixed-rate agency RMBS. Multifamily RMBS also represents a substantial amount. Fannie Mae guarantees most of the company's holdings. Armour derives substantially all its revenue as interest income from its investments.

Executives

Daniel C Staton	director	HOLLAND & KNIGHT LLP, 701 BRICKELL AVENUE, SUITE 3300, MIAMI FL 33131
James R Mountain	officer: Chief Financial Officer	ARMOUR RESIDENTIAL REIT, INC., 3001 OCEAN DRIVE, SUITE 201, VERO BEACH FL 32963
Jeffrey J Zimmer	director, officer: Co-CEO and President	3001 OCEAN DRIVE, SUITE 201, VERO BEACH FL 32963
Scott Ulm	director, officer: Co-CEO and CIO	3005 HAMMOCK WAY, VERO BEACH FL 32963
Robert C Hain	director	HOLLAND & KNIGHT LLP, 701 BRICKELL AVENUE, SUITE 3300, MIAMI FL 33131
Hollihan John P Iii	director	HOLLAND & KNIGHT LLP, 701 BRICKELL AVENUE, SUITE 3300, MIAMI FL 33131
Mark Gruber	officer: Chief Operating Officer	3001 OCEAN DRIVE, SUITE 201, VERO BEACH FL 32963
Z Jamie Behar	director	200 SPECTRUM CENTER DRIVE, SUITE 2100, IRVINE CA 92618
Marc H Bell	director	6800 BROKEN SOUND PARKWAY, SUITE 200, BOCA RATON FL 33487
Gordon Harper	officer: VP Finance and Controller	3001 OCEAN DRIVE, SUITE 201, VERO BEACH FL 32963
Carolyn Downey	director	54 ROSEBROOK ROAD, NEW CANAAN CT 06840
Thomas K Guba	director	3001 OCEAN DRIVE, SUITE 201, VERO BEACH FL 32963
Staton Bell Blank Check Llc	10 percent owner	6800 BROKEN SOUND PARKWAY, BOCA RATON FL 33487
Richard Steiner	other: Director of Enterprise [EST]	4044 ROSE HILL AVENUE, CINCINNATI OH 45229
Ezra Shashoua	other: Officer of Enterprise [EST]	6800 BROKEN SOUND PARKWAY, BOCA RATON FL 33487