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Globalome Trust (Globalome Trust) Buildings And Improvements : $50.58 Mil (As of Sep. 2015)


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What is Globalome Trust Buildings And Improvements?

Globalome Trust's quarterly buildings and improvements increased from Mar. 2015 ($50.55 Mil) to Jun. 2015 ($50.55 Mil) and increased from Jun. 2015 ($50.55 Mil) to Sep. 2015 ($50.58 Mil).


Globalome Trust Buildings And Improvements Historical Data

The historical data trend for Globalome Trust's Buildings And Improvements 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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Globalome Trust Buildings And Improvements Chart

Globalome Trust Annual Data
Trend
Buildings And Improvements

Globalome Trust Quarterly Data
Mar14 Jun14 Sep14 Mar15 Jun15 Sep15
Buildings And Improvements Get a 7-Day Free Trial - - 50.55 50.55 50.58

Globalome Trust Buildings And Improvements Calculation

Buildings are typically valued at the time of acquisition or construction.  Broker and architect fees, permits, etc. can be covered within this category.  Building components, such as a roof, are normally recorded separately in an asset register since the value and useful lives of these components equal much less than the building itself.

Building improvements that extend the useful life of a building will fall into the category of “building improvements” and should be capitalized.  Improvements are commonly recorded at acquisition cost.  Building improvement examples include roofing, remodeling, replacements, etc.


Globalome Trust (Globalome Trust) Business Description

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Global Income Trust Inc is a real estate investment trust. The Company acquires and operates a diverse portfolio of income oriented commercial real estate. It invests in the real estate markets of United States.

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