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Condor Hospitality Trust (Condor Hospitality Trust) Property, Plant and Equipment : $0.00 Mil (As of Sep. 2021)


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What is Condor Hospitality Trust Property, Plant and Equipment?


Condor Hospitality Trust Property, Plant and Equipment Historical Data

The historical data trend for Condor Hospitality Trust's Property, Plant and Equipment 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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Condor Hospitality Trust Property, Plant and Equipment Chart

Condor Hospitality Trust Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Property, Plant and Equipment
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Condor Hospitality Trust Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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Condor Hospitality Trust Property, Plant and Equipment Calculation

Property, Plant and Equipment (PPE) are the fixed assets of the companyFixed assets are also known as non-current assets.

Property, plant, and equipment includes assets that will - in the normal course of business - neither be used up in the next year nor will become a part of any product sold to customers.

Some of the most common parts of property, plant, and equipment are:


Land
Buildings (and leasehold improvements)
Transportation equipment
Manufacturing equipment
Office equipment
Office furniture

Companies with lots of property, plant, and equipment often have special categories. For example, railroad property includes:


Track
Ties
Ballast
Bridges
Tunnels
Signals
Locomotives
Freight Cars

There is often a note in the financial statements - found in a company's 10-K - that will explain the different categories of property a company owns.

The market value of property, plant, and equipment can differ tremendously from the book value of property, plant, and equipment.

For example, when Berkshire Hathaway liquidated its textile mills, it had to pay the buyers of the company's manufacturing equipment to haul the equipment away. That property, plant, and equipment was literally worth less than zero. On the other hand, some companies own thousands of acres of land.

All property, plant, and equipment other than land is depreciated. Land is never depreciated. However, land is not marked up to market value either. Under Generally Accepted Accounting Principles (GAAP), land is shown on the balance sheet at cost.

The property, plant, and equipment line shown on the balance sheet is usually net property, plant, and equipment. This means it is the cost of the property, plant, and equipment less accumulated depreciation.


Condor Hospitality Trust  (AMEX:CDOR) Property, Plant and Equipment Explanation

A company with durable competitive advantage doesn't need to constantly upgrade its equipment to stay competitive. The company replaces when it wears out. On the other hand, a company without any advantages must replace to keep pace.

Difference between a company with a moat and one without is that the company with the competitive advantage finances new equipment through internal cash flows, whereas the no advantage company requires debt to finance.

Producing a consistent product that doesn't change equates to consistent profits. There is no need to upgrade plants which frees up cash for other ventures. Think Coca Cola, Johnson & Johnson etc.


Condor Hospitality Trust Property, Plant and Equipment Related Terms

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Condor Hospitality Trust (Condor Hospitality Trust) Business Description

Traded in Other Exchanges
N/A
Address
1800 West Pasewalk Avenue, Suite 200, Norfolk, NE, USA, 68701
Condor Hospitality Trust Inc is a US-based self-administered real estate investment trust. It is engaged in the investment and ownership of select service, limited service, extended stay and compact full-service hotels. The primary business of the company is owning equity interests in hotel properties. It conducts its business through a traditional umbrella partnership REIT in which the hotel properties are owned by its operating partnership, Condor Hospitality Limited Partnership, and its subsidiaries.
Executives
Donald J Landry director 1492 LAKESHORE BLVD, SLIDELL LA 70461
Daniel Ricardo Elsztain director MORENO 877 PISO 22, BUENOS AIRES C1 C1091AAP
Daphne J Dufresne director 1800 WEST PASEWALK AVENUE, SUITE 120, NORFOLK NE 68701
Brendan Macdonald director 4275 EXECUTIVE SQUARE, SUITE 500, LAJOLLA CA 92037
Stepstone Rep Iii (gp), Llc director, 10 percent owner 4275 EXECUTIVE SQUARE, SUITE 500, LA JOLLA CA 92037
Stepstone Group Real Estate Holdings Llc director, 10 percent owner 4275 EXECUTIVE SQUARE, SUITE 500, LA JOLLA CA 92037
Stepstone Group Real Estate Lp director, 10 percent owner 4275 EXECUTIVE SQUARE, SUITE 500, LA JOLLA CA 92037
Srep Iii Flight - Investco, L.p. director, 10 percent owner 4275 EXECUTIVE SQUARE, SUITE 500, LA JOLLA CA 92037
Thomas Calahan director 1800 WEST PASEWALK AVENUE, SUITE 120, NORFOLK NE 68701
Noah Y. Davis director CONDOR HOSPITALITY TRUST, INC., 4800 MONTGOMERY LANE, SUITE 220, BETHESDA MD 20814
Matias Gaivironsky director 1800 WEST PASEWALK AVENUE, SUITE 120, NORFOLK NE 68701
Drew Iadanza director 4275 EXECUTIVE SQUARE, SUITE 500, LAJOLLA CA 92037
Blackham J William Iii director, officer: President and CEO 1100 RIVERCENTER BLVD, SUITE 480, COVINGTON KY 41011
Benjamin Wall director 4800 MONTGOMERY LANE, SUITE 220, BETHESDA MD 20814
Arinn Cavey officer: CFO and CAO 4800 MONTGOMERY LANE, SUITE 220, BETHESDA MD 20814