Advance Residence Investment (Advance Residence Investment) Other Income (Minority Interest) : $0.0 Mil (TTM As of Jan. 2023)

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What is Advance Residence Investment Other Income (Minority Interest)?

Other Income (Minority Interest) represents par value or stated value of the subsidiary stock not owned by the parent company plus the minority interest's equity in the surplus of the subsidiary. Advance Residence Investment's Other Income (Minority Interest) for the six months ended in Jan. 2023 was $0.0 Mil. Its Other Income (Minority Interest) for the trailing twelve months (TTM) ended in Jan. 2023 was $0.0 Mil.

Advance Residence Investment Other Income (Minority Interest) Historical Data

The historical data trend for Advance Residence Investment's Other Income (Minority Interest) 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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Advance Residence Investment Other Income (Minority Interest) Chart

Advance Residence Investment Annual Data

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Other Income (Minority Interest)

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Advance Residence Investment Semi-Annual Data
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Advance Residence Investment Other Income (Minority Interest) Calculation

Other Income (Minority Interest) represents par value or stated value of the subsidiary stock not owned by the parent company plus the minority interest's equity in the surplus of the subsidiary.

Other Income (Minority Interest) for the trailing twelve months (TTM) ended in Jan. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $0.0 Mil.

Advance Residence Investment (OTCPK:ADZZF) Other Income (Minority Interest) Explanation

Minority interest is a significant but non-controlling ownership of less than 50% of a company's voting shares by either an investor or another company. It is reported on the consolidated income statement as a share of profit belonging to minority shareholders.

Advance Residence Investment (Advance Residence Investment) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Advance Residence Investment Corp (OTCPK:ADZZF) » Definitions » Other Income (Minority Interest)

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Traded in Other Exchanges

3269:Japan

Address

3-26 Kanda-Nishikicho, Chiyoda Ward, Tokyo, JPN, 101-0054

Website

http://www.adr-reit.com

Advance Residence Investment Corp is a real estate investment trust that engaged in the property leasing business. It was created through consolidation type merger between the former Advance Residence Investment Corporation and Nippon Residential Investment Corporation. In order to secure stable earnings and steady growth in assets under management, the company procures funds through loans, issuance of investment corporation bonds, issuance of units, and other means of financing for purchasing real estate properties and repaying its debts. The company primarily invests in residential real estate properties located in central Tokyo, and the Tokyo metropolitan area.

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