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Tejon Ranch Co (Tejon Ranch Co) Long-Term Capital Lease Obligation : $0.00 Mil (As of Dec. 2023)


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What is Tejon Ranch Co Long-Term Capital Lease Obligation?

Tejon Ranch Co's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil.


Tejon Ranch Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Tejon Ranch Co'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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Tejon Ranch Co Long-Term Capital Lease Obligation Chart

Tejon Ranch Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
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Tejon Ranch Co 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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Tejon Ranch Co  (NYSE:TRC) 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.

Tejon Ranch Co Long-Term Capital Lease Obligation Related Terms

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Tejon Ranch Co (Tejon Ranch Co) Business Description

Industry
Traded in Other Exchanges
N/A
Address
P.O. Box 1000, Tejon Ranch, CA, USA, 93243
Tejon Ranch Co is a diversified real estate development and agribusiness company committed to responsibly using its land and resources to meet the housing, employment, and lifestyle needs of Californians and create value for its shareholders. It has five segments namely commercial/industrial real estate development, resort/residential real estate development, mineral resources, farming, and ranch operations. The company generates revenue from Real estate—commercial/industrial segment.
Executives
Towerview Llc director, 10 percent owner 460 PARK AVENUE, NEW YORK NY 10022
Brett A Brown officer: Executive Vice President / CFO C/O INLAND REAL ESTATE CORPORATION, 2901 BUTTERFIELD ROAD, OAK BROOK IL 60523
Susan K Hori director 2046 VISTA CAJON, NEWPORT BEACH CA 92660
Marc William Hardy officer: SVP, General Counsel 28 ALDERBROOK, IRVINE CA 92604
Rhea Frawn Morgan director 31546 FLYING CLOUD DRIVE, LAGUNA NIGUEL CA 92677
Dt Four Partners, Llc director, 10 percent owner 655 MADISON AVENUE, 11TH FLOOR, NEW YORK NY 10065
Jeannie Lynn Fuller director 6218 DE LA GUERRA TERRACE, BAKERSFIELD CA 93306
Michael H Winer director 8235 MANJARES, MONTEREY CA 93940
Geoffrey L Stack director
Frederick C Tuomi director C/O EQUITY RESIDENTIAL, TWO NORTH RIVERSIDE PLAZA, SUITE 400, CHICAGO IL 60606
Joseph N Rentfro officer: Executive VP- Real Estate P.O. BOX 1000, TEJON RANCH CA 93243
Mcmahon Hugh F. Iv officer: Senior Vice President - RE 4436 LEBEC RD., P.O. BOX 1000, TEJON RANCH CA 93243
Gregory S. Bielli director, officer: President/CEO P.O. BOX 1000, LEBEC CA 93243
Allen E Lyda officer: Vice President / CFO
Steven A. Betts director 3300 NORTH THIRD AVE., PHOENIX AZ 85013