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Front Yard Residential (Front Yard Residential) Other Current Assets : $64.4 Mil (As of Sep. 2020)


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What is Front Yard Residential Other Current Assets?

Front Yard Residential's other current assets for the quarter that ended in Sep. 2020 was $64.4 Mil.

Front Yard Residential's quarterly other current assets increased from Mar. 2020 ($53.3 Mil) to Jun. 2020 ($55.4 Mil) and increased from Jun. 2020 ($55.4 Mil) to Sep. 2020 ($64.4Mil).

Front Yard Residential's annual other current assets increased from Dec. 2017 ($60.6 Mil) to Dec. 2018 ($80.0 Mil) declined from Dec. 2018 ($80.0 Mil) to Dec. 2019 ($56.6 Mil).


Front Yard Residential Other Current Assets Historical Data

The historical data trend for Front Yard Residential's Other Current Assets 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.

Front Yard Residential Other Current Assets Chart

Front Yard Residential Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Other Current Assets
Get a 7-Day Free Trial 339.03 141.15 60.58 80.02 56.64

Front Yard Residential Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
Other Current Assets 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 76.58 56.64 53.28 55.43 64.41

Front Yard Residential Other Current Assets Calculation

Technically, the other current assets line may include any asset that will be used up within the next 12 months. However, other current assets never include assets that are listed elsewhere in the current assets section of the balance sheet. For this reason, other current assets are almost never:


Cash
Trade Receivables
Inventory

The assets grouped under other current assets are most commonly:


Prepaid Expenses
Tax Assets
Non-Trade Receivables
Other (too numerous to list)

Some companies can and do choose to report each of these items separately.

Other current assets may be made up largely of Prepaid Expenses - unless these are listed on a separate line of the balance sheet.

Prepaid expenses are exactly what they sound like. If a company pays a $30 million insurance premium on the last day of June that will provide coverage for the entire month of July, the company will record a $30 million prepaid expense to account for the insurance expense it will show in July that it already paid for in June.

Tax assets can be quite complex. It is not common for companies to have both tax assets and tax liabilities. It is important that investors take note of both items when considering future taxes.

Non-Trade receivables are rarely a large item. They include money owed to the company by non-customers. Non-trade receivables can be caused by related party transactions, the sale of a business unit, etc. The notes to the company's financial statements will often provide much more detail on this item if it is truly important.

There are a variety of other current assets like non-trade receivables which are simply too numerous to list. If a company is following correct reporting procedures, it should not lump items that are different from one another and yet individually important to the company together under the line Other Current Assets.

At most companies, other current assets are a small and unimportant part of the total balance sheet.


Front Yard Residential Other Current Assets Related Terms

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Front Yard Residential (Front Yard Residential) Business Description

Traded in Other Exchanges
N/A
Address
c/o Altisource Asset Management Corporation, 5100 Tamarind Reef, Christiansted, VIR, 00820
Front Yard Residential Corp is a real estate investment trust, which focuses on acquiring, owning and managing single-family rental properties throughout the United States. It acquires its single-family rental properties through the acquisition of sub-performing and non-performing loan portfolios. The company is managed by Altisource Asset Management Corporation, which has a management team with extensive industry experience in real estate, non-performing loan portfolios, and mortgage loan servicing. Geographically the firm has its property portfolio across the region of Alabama, Georgia, Hawaii, Louisiana, New Jersey, Pennsylvania, Texas, New York, Kentucky and in many other regions.
Executives
Agatecreek Llc 10 percent owner 1195 BANGTAIL WAY, STEAMBOAT SPRINGS CO 80487
Scott Edward Burg 10 percent owner 1195 BANGTAIL WAY, STEAMBOAT SPRINGS CO 80487
Deer Park Road Management Company, Lp 10 percent owner 1195 BANGTAIL WAY, STEAMBOAT SPRINGS CO 80487
Deer Park Road Management Gp, Llc 10 percent owner 1195 BANGTAIL WAY, STEAMBOAT SPRINGS CO 80487
Deer Park Road Corp 10 percent owner 1195 BANGTAIL WAY, STEAMBOAT SPRINGS CO 80487
Michael David Craig-scheckman 10 percent owner 1195 BANGTAIL WAY, STEAMBOAT SPRINGS CO 80487
George G Ellison director, officer: Chief Executive Officer 402 STRAND STREET, FREDERIKSTED VI 00840-3531
Leland Abrams director C/O FRONT YARD RESIDENTIAL CORPORATION 5100 TAMARIND REEF CHRISTIANSTED VI 00820
Lazar Nikolic director C/O FRONT YARD RESIDENTIAL CORPORATION 5100 TAMARIND REEF CHRISTIANSTED VI 00820
George Whitfield Mcdowell director C/O FRONT YARD RESIDENTIAL CORPORATION 5100 TAMARIND REEF CHRISTIANSTED VI 00820
Wade J. Henderson director C/O ALTISOURCE RESIDENTIAL CORPORATION 36C STRAND STREET CHRISTIANSTED VI 00820
Rochelle R. Dobbs director C/O ALTISOURCE RESIDENTIAL CORPORATION 36C STRAND STREET CHRISTIANSTED VI 00820
Michael Graham Lubin officer: General Counsel and Secretary C/O ALTISOURCE ASSET MANAGEMENT 36C STRAND STREET CHRISTIANSTED VI 00820
Michael A. Eruzione director 402 STRAND STREET, C/O AAMC FREDERIKSTED, ST. CROIX VI 00840
Rene Dittrich officer: Chief Accounting Officer C/O ALTISOURCE ASSET MANAGEMENT, 36C STRAND STREET, CHRISTIANSTED VI 00820

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