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Preferred Apartment Communities (Preferred Apartment Communities) Property, Plant and Equipment : $0.0 Mil (As of Mar. 2022)


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What is Preferred Apartment Communities Property, Plant and Equipment?


Preferred Apartment Communities Property, Plant and Equipment Historical Data

The historical data trend for Preferred Apartment Communities's Property, Plant and Equipment 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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Preferred Apartment Communities Property, Plant and Equipment Chart

Preferred Apartment Communities Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Property, Plant and Equipment
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Preferred Apartment Communities Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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Preferred Apartment Communities Property, Plant and Equipment Calculation

Property, Plant and Equipment (PPE) are the fixed assets of the companyFixed assets are also known as non-current assets.

Property, plant, and equipment includes assets that will - in the normal course of business - neither be used up in the next year nor will become a part of any product sold to customers.

Some of the most common parts of property, plant, and equipment are:


Land
Buildings (and leasehold improvements)
Transportation equipment
Manufacturing equipment
Office equipment
Office furniture

Companies with lots of property, plant, and equipment often have special categories. For example, railroad property includes:


Track
Ties
Ballast
Bridges
Tunnels
Signals
Locomotives
Freight Cars

There is often a note in the financial statements - found in a company's 10-K - that will explain the different categories of property a company owns.

The market value of property, plant, and equipment can differ tremendously from the book value of property, plant, and equipment.

For example, when Berkshire Hathaway liquidated its textile mills, it had to pay the buyers of the company's manufacturing equipment to haul the equipment away. That property, plant, and equipment was literally worth less than zero. On the other hand, some companies own thousands of acres of land.

All property, plant, and equipment other than land is depreciated. Land is never depreciated. However, land is not marked up to market value either. Under Generally Accepted Accounting Principles (GAAP), land is shown on the balance sheet at cost.

The property, plant, and equipment line shown on the balance sheet is usually net property, plant, and equipment. This means it is the cost of the property, plant, and equipment less accumulated depreciation.


Preferred Apartment Communities  (NYSE:APTS) Property, Plant and Equipment Explanation

A company with durable competitive advantage doesn't need to constantly upgrade its equipment to stay competitive. The company replaces when it wears out. On the other hand, a company without any advantages must replace to keep pace.

Difference between a company with a moat and one without is that the company with the competitive advantage finances new equipment through internal cash flows, whereas the no advantage company requires debt to finance.

Producing a consistent product that doesn't change equates to consistent profits. There is no need to upgrade plants which frees up cash for other ventures. Think Coca Cola, Johnson & Johnson etc.


Preferred Apartment Communities Property, Plant and Equipment Related Terms

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Preferred Apartment Communities (Preferred Apartment Communities) Business Description

Traded in Other Exchanges
N/A
Address
3284 Northside Parkway NW, Suite 150, Atlanta, GA, USA, 30327
Preferred Apartment Communities Inc is a real estate investment trust that acquires and operates multifamily properties in select targeted markets throughout the United States. It operates through the following segments: The Multifamily Communities segment being the highest revenue generating segment; Financing segment refers to the portfolio of real estate loans, bridge loans, other instruments, and other real estate related assets; New Market Properties segment covers a portfolio of grocery-anchored shopping centers, as well as the financial results from the retail real estate loans; and Preferred Office properties segment relates to the office buildings.
Executives
Sara Finley director ONE CVS DRIVE, WOONSOCKET RI 02895
Jeffrey David Sherman officer: PRESIDENT - MULTIFAMILY 3284 NORTHSIDE PARKWAY NW SUITE 150 ATLANTA GA 30327
Michael Aide officer: PRESIDENT - RETAIL 3284 NORTHSIDE PARKWAY NW SUITE 150 ATLANTA GA 30327
John A Isakson officer: CHIEF FINANCIAL OFFICER 3284 NORTHSIDE PARKWAY, NW, SUITE 150, ATLANTA GA 30327
Jeffrey R Sprain officer: EVP, GENERAL COUNSEL AND SEC. 3284 NORTHSIDE PARKWAY, NW, SUITE 150 ATLANTA GA 30327
Daphne Bryson Jackson director 3284 NORTHSIDE PARKWAY NW SUITE 150 ATLANTA GA 30327
John M Cannon director 3284 NORTHSIDE PARKWAY NW SUITE 150 ATLANTA GA 30327
Daniel M Dupree director 2500 WINDY RIDGE PARKWAY SUITE 1600, ATLANTA GA 30339
Parker Boone Dupree officer: President - Office 3284 NORTHSIDE PARKWAY NW SUITE 150 ATLANTA GA 30327
Joel T Murphy director, officer: See Remarks 2500 WINDY RIDGE PARKWAY, SUITE 1600, ATLANTA GA 30339
Michael Joseph Cronin officer: See Remarks 3625 CUMBERLAND BOULDEVARD SUITE 400 ATLANTA GA 30339
Steve Bartkowski director 3625 CUMBERLAND BOULDEVARD SUITE 400 ATLANTA GA 30339
Gary B Coursey director
Gresham William J Jr director 1010 RICHMOND HILL DRIVE MARIETTA GA 30068
Timothy Alan Peterson director 3625 CUMBERLAND BOULDEVARD SUITE 400 ATLANTA GA 30339

Preferred Apartment Communities (Preferred Apartment Communities) Headlines

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