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NNN REIT (NNN REIT) Long-Term Capital Lease Obligation : $0.0 Mil (As of Dec. 2023)


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What is NNN REIT Long-Term Capital Lease Obligation?

NNN REIT's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.0 Mil.


NNN REIT Long-Term Capital Lease Obligation Historical Data

The historical data trend for NNN 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.

* Premium members only.

NNN REIT Long-Term Capital Lease Obligation Chart

NNN REIT Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
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NNN REIT Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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NNN REIT  (NYSE:NNN) 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.

NNN REIT Long-Term Capital Lease Obligation Related Terms

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NNN REIT (NNN REIT) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » NNN REIT Inc (NYSE:NNN) » Definitions » Long-Term Capital Lease Obligation
Traded in Other Exchanges
Address
450 South Orange Avenue, Suite 900, Orlando, FL, USA, 32801
NNN REIT Inc is a real estate investment trust that invests in and develops properties throughout the United States. The company generates revenue from leasing properties to tenants, including convenience stores, automotive services, fitness centers, theatres, restaurants, and banks. Rents from convenience stores and restaurants contribute the majority proportion of total revenue, followed by automotive services, entertainment venues, and others. maximum of the company's properties are located in the South and Southeast of the United States.
Executives
Christopher Paul Tessitore officer: Executive Officer 450 SOUTH ORANGE AVENUE, SUITE 900, ORLANDO FL 32801
Jonathan Adamo officer: EVP, Portfolio Operations 450 S. ORANGE AVE., SUITE 900, ORLANDO FL 32801
Michelle Lynn Miller officer: EVP & Chief Accounting Officer 450 S ORANGE AVE, STE 900, ORLANDO FL 32801-3339
Elizabeth Gulacsy director C/O SEAWORLD ENTERTAINMENT, INC., 9205 SOUTH PARK CENTER LOOP, SUITE 400, ORLANDO FL 32819
Kevin B Habicht director, officer: EVP & CFO CNL REALTY INC, 450 SOUTH ORANGE AVENUE, ORLANDO FL 32801
Kamau Omari Witherspoon director 450 S. ORANGE AVE., SUITE 900, ORLANDO FL 32801
Julian E Whitehurst officer: EVP & General Counsel
Horn Stephen A Jr officer: EVP & Chief Acquisitions Offic 450 S. ORANGE AVE., SUITE 900, ORLANDO FL 32801
Steven D Cosler director PRIORITY HEALTHCARE CORPORATION, 250 TECHNOLOGY PARK, LAKE MARY FL 32746-6232
David M Fick director 450 S. ORANGE AVE., SUITE 900, ORLANDO FL 32801
Paul Eugene Bayer officer: Executive Officer 450 SOUTH ORANGE AVENUE, SUITE 900, ORLANDO FL 32801
Betsy D Holden director DENTSPLY SIRONA INC, 13320 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Craig Macnab officer: Chief Executive Officer C/O JDN PEALTY CORP, 359 EAST PACES FERRY RD, ATLANTA GA 30305
Beall Pamela K.m. director C/O MARATHON PETROLEUM CORPORATION, 539 S. MAIN STREET, FINDLAY OH 45840
Ted B Lanier director CNL REALTY INC, 450 SOUTH ORANGE AVENUE, ORLANDO FL 32801