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RAIT Financial Trust (RAIT Financial Trust) Long-Term Capital Lease Obligation : $0.00 Mil (As of Jun. 2019)


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What is RAIT Financial Trust Long-Term Capital Lease Obligation?

RAIT Financial Trust's Long-Term Capital Lease Obligation for the quarter that ended in Jun. 2019 was $0.00 Mil.


RAIT Financial Trust Long-Term Capital Lease Obligation Historical Data

The historical data trend for RAIT Financial Trust'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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RAIT Financial Trust Long-Term Capital Lease Obligation Chart

RAIT Financial Trust Annual Data
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Long-Term Capital Lease Obligation
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RAIT Financial Trust Quarterly Data
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RAIT Financial Trust  (OTCPK:RASLQ.PFD) 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.

RAIT Financial Trust Long-Term Capital Lease Obligation Related Terms

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RAIT Financial Trust (RAIT Financial Trust) Business Description

Industry
Traded in Other Exchanges
N/A
Address
100 North 18th Street, Two Logan Square, 23rd Floor, Philadelphia, PA, USA, 19103
RAIT Financial Trust is a United States-based real estate investment trust. Through its subsidiaries, the company invests in and manages a portfolio of commercial real estate (CRE) loans and properties. It operates in the business segment of real estate lending, owning and managing segment which focuses on lending, owning and managing commercial real estate assets throughout the United States. The form of the company's investments ranged from first mortgage loans to equity ownership of a commercial real estate property. It derives main revenue in the form of property income.

RAIT Financial Trust (RAIT Financial Trust) Headlines

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