Discontinued — last reported Q4 '23
Real Estate — Impairment charges — real estate
W.P. Carey Inc. Real Estate — Impairment charges — real estate increased by 369.5% to $71.24M in Q4 2023 compared to the prior quarter. Year-over-year, this metric grew by 459.4%, from $12.73M to $71.24M. Over 2 years (FY 2021 to FY 2023), Real Estate — Impairment charges — real estate shows an upward trend with a 88.8% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
An increase signals potential asset devaluation or poor investment performance, while a lack of charges suggests stable or appreciating asset valuations.
Detailed definition
Reflects non-cash charges recognized when the carrying value of a real estate asset exceeds its estimated fair value. Th...
Peer comparison
Commonly reported as 'Impairment of Real Estate Assets' by all real estate investment trusts.
wpc_segment_real_estate_impairment_charges_real_estateHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $0.00 | $16.30M | $7.95M | $20.18M | $6.21M | $0.00 | $12.73M | $0.00 | $0.00 | $15.17M | $71.24M |
| QoQ Change | — | — | -51.3% | +154.0% | -69.2% | -100.0% | — | -100.0% | — | — | +369.5% |
| YoY Change | — | — | — | — | — | -100.0% | +60.3% | -100.0% | -100.0% | — | +459.4% |
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Frequently Asked Questions
- What is W.P. Carey Inc.'s real estate — impairment charges — real estate?
- W.P. Carey Inc. (WPC) reported real estate — impairment charges — real estate of $71.24M in Q4 2023.
- How has W.P. Carey Inc.'s real estate — impairment charges — real estate changed year-over-year?
- W.P. Carey Inc.'s real estate — impairment charges — real estate increased by 459.4% year-over-year, from $12.73M to $71.24M.
- What is the long-term trend for W.P. Carey Inc.'s real estate — impairment charges — real estate?
- Over 2 years (2021 to 2023), W.P. Carey Inc.'s real estate — impairment charges — real estate has grown at a 88.8% compound annual growth rate (CAGR), from $24.25M to $86.41M.
- What does real estate — impairment charges — real estate mean?
- Non-cash accounting charges taken when the value of a property is determined to be lower than its recorded book value.