Other
Amortization of Above Market Lease
Granite Point Mortgage Trust Amortization of Above Market Lease decreased by 10.9% to $57.00K in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 18.6%, from $70.00K to $57.00K.
Analysis
StatementIncome Statement
SectionOther
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ1 2022
Last reportedQ1 2026May 5, 2026
How to read this metric
Changes reflect the portfolio's exposure to legacy lease contracts relative to current market pricing.
Detailed definition
This represents the amortization of the intangible asset created when a lease is acquired at rates higher than current m...
Peer comparison
Standard in M&A accounting for real estate portfolios.
Metric ID:
other_amortization_of_above_market_lease_69e4efHistorical Data
17 periods
| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $17.00K | $55.00K | $54.00K | $48.00K | $38.00K | $85.00K | $81.00K | $70.00K | $78.00K | $74.00K | $64.00K | $57.00K |
| QoQ Change | — | — | — | — | — | — | +223.5% | -1.8% | -11.1% | -20.8% | +123.7% | -4.7% | -13.6% | +11.4% | -5.1% | -13.5% | -10.9% |
| YoY Change | — | — | — | — | — | — | — | — | — | +123.5% | +54.5% | +50.0% | +45.8% | +105.3% | -12.9% | -21.0% | -18.6% |
Range$0.00 – $85.00K
Avg YoY Growth+40.8%
Median YoY Growth+47.9%
Current Streak3 quarters decline
Amortization of Above Market Lease at Other Companies
Frequently Asked Questions
- What is Granite Point Mortgage Trust's amortization of above market lease?
- Granite Point Mortgage Trust (GPMT) reported amortization of above market lease of $57.00K in Q1 2026.
- How has Granite Point Mortgage Trust's amortization of above market lease changed year-over-year?
- Granite Point Mortgage Trust's amortization of above market lease decreased by 18.6% year-over-year, from $70.00K to $57.00K.
- What does amortization of above market lease mean?
- The non-cash adjustment for leases acquired at rates above current market value.