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International Market Centers (International Market Centers) Buildings And Improvements : $651.10 Mil (As of Dec. 2014)


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What is International Market Centers Buildings And Improvements?

International Market Centers's quarterly buildings and improvements increased from Dec. 2012 ($634.23 Mil) to Dec. 2013 ($639.86 Mil) and increased from Dec. 2013 ($639.86 Mil) to Dec. 2014 ($651.10 Mil).

International Market Centers's annual buildings and improvements increased from Dec. 2012 ($634.23 Mil) to Dec. 2013 ($639.86 Mil) and increased from Dec. 2013 ($639.86 Mil) to Dec. 2014 ($651.10 Mil).

International Market Centers Buildings And Improvements Historical Data

The historical data trend for International Market Centers'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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International Market Centers Buildings And Improvements Chart

International Market Centers Annual Data
Trend Dec12 Dec13 Dec14
Buildings And Improvements
634.23 639.86 651.10

International Market Centers Semi-Annual Data
Dec12 Dec13 Dec14
Buildings And Improvements 634.23 639.86 651.10

International Market Centers 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.

International Market Centers (International Market Centers) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » International Market Centers Inc (NYSE:IMC) » Definitions » Buildings And Improvements
Comparable Companies
HMG AIII WHLR PAZRF CDR SRRTF WSR UBA VSNDF PEI GTY LPMDF PPRQF RPT SGLMF BFS ADC CBL WPG KRG
Traded in Other Exchanges
N/A
Address
Website
http://www.imcenters.com
International Market Centers Inc was incorporated in Maryland on June 27, 2014. The Company is structured as an internally-managed REIT. The Company is the owner and operator of permanent business-to-business showroom space in North America for the home furniture industry and owners and operators of permanent business-to-business showroom space for the home décor and gift industries. The Company owns approximately 11.9 million gross square feet of showroom space across 13 buildings in High Point, North Carolina and three buildings and three exhibition pavilions in Las Vegas, Nevada. The Company leases its space on a long-term basis to manufacturers and suppliers of home furniture, home décor and gift products that participate in the Company's Markets. The Company faces competition from other Markets that serve manufacturers and suppliers and buyers of home furniture, home décor and gift products.

International Market Centers (International Market Centers) Headlines

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