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GIPR (Generationome Properties) Long-Term Capital Lease Obligation : $6.48 Mil (As of Mar. 2025)


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What is Generationome Properties Long-Term Capital Lease Obligation?

Generationome Properties's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2025 was $6.48 Mil.

Generationome Properties's quarterly Long-Term Capital Lease Obligation increased from Sep. 2024 ($6.45 Mil) to Dec. 2024 ($6.47 Mil) and increased from Dec. 2024 ($6.47 Mil) to Mar. 2025 ($6.48 Mil).

Generationome Properties's annual Long-Term Capital Lease Obligation increased from Dec. 2022 ($6.36 Mil) to Dec. 2023 ($6.42 Mil) and increased from Dec. 2023 ($6.42 Mil) to Dec. 2024 ($6.47 Mil).


Generationome Properties Long-Term Capital Lease Obligation Historical Data

The historical data trend for Generationome Properties'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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Generationome Properties Long-Term Capital Lease Obligation Chart

Generationome Properties Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial - - 6.36 6.42 6.47

Generationome Properties Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Long-Term Capital Lease Obligation Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.43 6.44 6.45 6.47 6.48

Generationome Properties  (NAS:GIPR) 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.

Generationome Properties Long-Term Capital Lease Obligation Related Terms

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Generationome Properties Business Description

Industry
Traded in Other Exchanges
N/A
Address
401 East Jackson Street, Suite 3300, Tampa, FL, USA, 33602
Generation Income Properties Inc is an internally managed real estate investment company focused on acquiring and managing income-producing retail, office and industrial properties net leased to high-quality tenants in markets throughout the United States. Its key source of revenue is the rental income. The company holds properties in Alabama, Arizona, Colorado, the District of Columbia, Florida, Illinois, North Carolina and Virginia.
Executives
David Sobelman director, officer: Chairman, President, CEO 401 EAST JACKSON STREET, SUITE 3300, TAMPA FL 33602
Patrick Quilty director 401 EAST JACKSON STREET, SUITE 3300, TAMPA FL 33602
Allison Davies officer: CFO & Treasurer 401 EAST JACKSON STREET, SUITE 3300, TAMPA FL 33602
Gena Cheng director 401 EAST JACKSON STREET, SUITE 3300, TAMPA FL 33602
Betsy Peck director 401 EAST JACKSON STREET, SUITE 3300, TAMPA FL 33602
Richard D. Russell officer: CFO & Treasurer 3201 W BAY VISTA AVE, TAMPA FL 33611
Benjamin Adams director 401 EAST JACKSON STREET, SUITE 3300, TAMPA FL 33602
Stuart Eisenberg director 401 EAST JACKSON STREET, SUITE 3300, TAMPA FL 33602
John Robert Sierra 10 percent owner 509 GUISANDO DE AVILA, SUITE 200, TAMPA FL 33613
John Robert Sierra Sr. Revocable Family Trust 10 percent owner 509 GUISANDO DE AVILA, SUITE 200, TAMPA FL 33613