UMHPC.PFD (UMH Properties) Construction In Progress : $0.00 Mil (As of Sep. 2024)

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What is UMH Properties Construction In Progress?

UMH Properties Construction In Progress Historical Data

The historical data trend for UMH Properties's Construction In Progress 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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UMH Properties Construction In Progress Chart

UMH Properties Annual Data

Trend

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Construction In Progress

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UMH Properties Quarterly Data
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UMH Properties Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

UMH Properties Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » UMH Properties Inc (NYSE:UMHpC.PFD) » Definitions » Construction In Progress

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Traded in Other Exchanges

UMHpD.PFD:USA UMH:USA UMH:Israel

Address

3499 Route 9, Suite 3C, Freehold, NJ, USA, 07728

Website

https://www.umh.reit

UMH Properties Inc together with its subsidiaries is a real estate investment trust. It is engaged in the business of ownership and operation of manufactured home communities - leasing manufactured homesites to residents . The Company also leases manufactured homes to residents and, through its wholly-owned taxable REIT subsidiary, UMH Sales and Finance, Inc. sells and finances the sale of manufactured homes to residents and prospective residents of its communities and for placement on customers' privately-owned land. The company also owns the land, utility connections, streets, lighting, driveways, common area amenities, and other capital improvements. It earns income from lease agreements for their sites and homes, where the company is the lessor.