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FVR (FrontView REIT) Long-Term Capital Lease Obligation : $14.24 Mil (As of Sep. 2024)


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What is FrontView REIT Long-Term Capital Lease Obligation?

FrontView REIT's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2024 was $14.24 Mil.

FrontView REIT's quarterly Long-Term Capital Lease Obligation declined from Dec. 2023 ($17.42 Mil) to Jun. 2024 ($15.00 Mil) and declined from Jun. 2024 ($15.00 Mil) to Sep. 2024 ($14.24 Mil).

FrontView REIT's annual Long-Term Capital Lease Obligation declined from Dec. 2021 ($18.06 Mil) to Dec. 2022 ($17.62 Mil) and declined from Dec. 2022 ($17.62 Mil) to Dec. 2023 ($17.42 Mil).


FrontView REIT Long-Term Capital Lease Obligation Historical Data

The historical data trend for FrontView REIT's Long-Term Capital Lease Obligation 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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FrontView REIT Long-Term Capital Lease Obligation Chart

FrontView REIT Annual Data
Trend Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
18.06 17.62 17.42

FrontView REIT Quarterly Data
Dec21 Sep22 Dec22 Jun23 Sep23 Dec23 Jun24 Sep24
Long-Term Capital Lease Obligation Get a 7-Day Free Trial - 16.19 17.42 15.00 14.24

FrontView REIT  (NYSE:FVR) Long-Term Capital Lease Obligation Explanation

Long-Term Capital Lease Obligation are the amount due for long-term asset lease agreements that are nearly equivalent to asset purchases. Capital lease obligations are installment payments that constitute a payment of principal plus interest for the capital lease. The Short-Term Capital Lease Obligation is the portion of a Long-Term Capital Lease Obligation that is due over the next year.

Under US Generally Accepted Accounting Principles (GAAP), a capital lease is essentially equivalent to a purchase by the lessee if it meets the following criteria:

1. Ownership of the asset is transferred to the lessee at the end of the lease term;
2. The lease contains a bargain purchase option to buy the equipment at less than fair market value;
3. The lease term equals or exceeds 75% of the asset's estimated useful life;
4. The present value of the lease payments equals or exceeds 90% of the total original cost of the equipment.

FrontView REIT Long-Term Capital Lease Obligation Related Terms

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FrontView REIT Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » FrontView REIT Inc (NYSE:FVR) » Definitions » Long-Term Capital Lease Obligation
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Address
3131 McKinney Avenue, Suite L10, Dallas, TX, USA, 75204
FrontView REIT Inc is an internally managed net-lease REIT that is experienced in acquiring, owning, and managing out parcel properties that are net-leased to a diversified group of tenants. Its tenants include service-oriented businesses, such as restaurants, cellular stores, financial institutions, automotive stores and dealers, medical and dental providers, pharmacies, convenience and gas stores, car washes, home improvement stores, grocery stores, professional services as well as general retail tenants.