SITE Centers (SITE Centers) Lease Termination Revenue (USD Mil) : 3.05 (As of Mar. 2024)

View and export this data going back to 1993. Start your Free Trial

What is SITE Centers Lease Termination Revenue (USD Mil)?

In the railway industry, Lease Termination Revenue (USD Mil) is a one-time negotiated lump sum fee that a tenant pays the company to exit its lease early.

SITE Centers's Lease Termination Revenue (USD Mil) for the quarter that ended in Mar. 2024 was 3.05 , which is higher than 0.02 for the pervious quarter ended in Dec. 2023.

SITE Centers's Lease Termination Revenue (USD Mil) for the annual that ended in Dec. 2023 was 0.60 , which is lower than 3.78 for the pervious year ended in Dec. 2022.

The historical rank and industry rank for SITE Centers's Lease Termination Revenue (USD Mil) or its related term are showing as below:

SITE Centers Lease Termination Revenue (USD Mil) Historical Data

The historical data trend for SITE Centers's Lease Termination Revenue (USD Mil) 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.

SITE Centers Lease Termination Revenue (USD Mil) Chart

SITE Centers Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Lease Termination Revenue (USD Mil)

Get a 7-Day Free Trial

Fixed Rate Debt (USD Mil)

Get a 7-Day Free Trial

Variable Rate Debt (USD Mil)

Get a 7-Day Free Trial

Same Property Revenue (USD Mil)

Get a 7-Day Free Trial

SITE CentersQuarterly Data

Trend

Jun19

Sep19

Dec19

Mar20

Jun20

Sep20

Dec20

Mar21

Jun21

Sep21

Dec21

Mar22

Jun22

Sep22

Dec22

Mar23

Jun23

Sep23

Dec23

Mar24

Lease Termination Revenue (USD Mil)

Get a 7-Day Free Trial

Fixed Rate Debt (USD Mil)

Get a 7-Day Free Trial

Variable Rate Debt (USD Mil)

Get a 7-Day Free Trial

Same Property Revenue (USD Mil)

Get a 7-Day Free Trial

Competitive Comparison of SITE Centers's Lease Termination Revenue (USD Mil)

For the REIT - Retail subindustry, SITE Centers's Lease Termination Revenue (USD Mil), along with its competitors' market caps and Lease Termination Revenue (USD Mil) data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

SITE Centers (NYSE:SITC) Lease Termination Revenue (USD Mil) Explanation

Lease Termination Revenue (USD Mil) is a one-time negotiated lump sum fee that a tenant pays the company to exit its lease early. It's one kind of income which exhausts the future profitability of the REIT company focusing on leasing business.

Normal termination revenue is under control, but when the economic circle is under recession, there may be many ternant who cannot afford the payment. Then the profitability of the company will decrease. A company can amortize the lease termination revenue over the period of the remaining term of the original lease.

SITE Centers Lease Termination Revenue (USD Mil) Related Terms

Thank you for viewing the detailed overview of SITE Centers's Lease Termination Revenue (USD Mil) provided by GuruFocus.com. Please click on the following links to see related term pages.

SITE Centers (SITE Centers) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » SITE Centers Corp (NYSE:SITC) » Definitions » Lease Termination Revenue (USD Mil)

Comparable Companies

Traded in Other Exchanges

SITCpA.PFD:USA DDR2:Germany

Address

3300 Enterprise Parkway, Beachwood, OH, USA, 44122

Website

https://www.sitecenters.com

SITE Centers Corp is a United States-based self-administered and self-managed REIT that operates as a fully integrated real estate company. The company is the owner and manager of open-air shopping centers that provide a compelling shopping experience and merchandise mix for retail partners and consumers.

Executives

John M Cattonar	officer: EVP & Chief Investment Officer	3300 ENTERPRISE PARKWAY, BEACHWOOD OH 44122
David R Lukes	director, officer: President & CEO	3300 ENTERPRISE PARKWAY, BEACHWOOD OH 44122
Christa A Vesy	officer: Sr. V.P. & Chief Acct. Officer	3300 ENTERPRISE PARKWAY, BEACHWOOD OH 44122
Fennerty Conor	officer: EVP, CFO & Treasurer	3300 ENTERPRISE PKWY, BEACHWOOD OH 44122
Alexander Otto	director, 10 percent owner	C/O KG CURA VERMOGENSVERWALTUNG G.M.B.H., WANDSBEKER STR. 3-7, HAMBURG 2M 22179
Katharina Otto-bernstein	10 percent owner	C/O KG CURA VERMOGENSVERWALTUNG G.M.B.H., WANDSBEKER STR. 3-7, HAMBURG 2M 22179
Victor B Macfarlane	director	151 EXECUTIVE PARK BLVD, BUILDING 2, SAN FRANCISCO CA 94134
Dawn M. Sweeney	director	3300 ENTERPRISE PARKWAY, BEACHWOOD OH 44122
Michael Makinen	officer: EVP & COO	3300 ENTERPRISE PARKWAY, BEACHWOOD OH 44122
Terrance R Ahern	director	1500 W 3RD ST, STE 410, CLEVELAND OH 44113
Thomas Finne	director	C/O KG CURA VERMOGENSVERWALTUNG G.M.B.H., WANDSBEKER STR. 3-7, HAMBURG 2M 22179
Linda B. Abraham	director	3300 ENTERPRISE PARKWAY, BEACHWOOD OH 44122
Scott D Roulston	director	3300 ENTERPRISE PARKWAY, CLEVELAND OH 44122
Matthew Louis Ostrower	officer: EVP, CFO & Treasurer	3300 ENTERPRISE PARKWAY, BEACHWOOD OH 44122
Robert H Gidel	director	677 N WASHINGTON BLVD, SARASOTA FL 34236