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Alexander's ALX Amortization of deferred lease incentives

Amortization of deferred lease incentives at other companies

National Health Investors logo
National Health InvestorsNHI
$725K0.0%
Global Net Lease logo
Global Net LeaseGNL
$581K+21.5%
JBG SMITH Properties logo
JBG SMITH PropertiesJBGS
$571K-85.2%
Essential Properties Realty Trust logo
Essential Properties Realty TrustEPRT
$364K+23.4%
Easterly Government Properties logo
Easterly Government PropertiesDEA
$399K+21.3%
Urban Edge Properties logo
Urban Edge PropertiesUE
$106K+9.3%

Other financials

Income statement

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Revenue$53.4M-2.7%
Net income$4.7M-62.1%
EPS (diluted)$0.91-62.1%

Balance sheet

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Cash & equivalents$152.1M-59.7%
Total debt$21.3M+2.1%
Total equity$90.7M-44.4%
Total assets$1.1B-17.8%

Cash flow

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Operating cash flow$6.8M-56.6%

Valuation

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Market cap$1.36B+17.8%
P/E66×+36.9×
P/S6.4×+1.2×

Profitability

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Operating margin43.2%
Net margin9.7%-8.3pp

Returns & leverage

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Return on equity16.2%-4.0pp
Debt / equity0.2×+0.1×

Where this comes from

Reported directly by Alexander's in its filing.

Tagged under the XBRL concept alx:DeferredLeaseIncentivesAmortization.

The official record: Alexander's’s 10-Q, filed May 4, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Alexander's's amortization of deferred lease incentives?
Alexander's (ALX) reported amortization of deferred lease incentives of $1.72M in Q1 2026.
How has Alexander's's amortization of deferred lease incentives changed year-over-year?
Alexander's's amortization of deferred lease incentives decreased by 5.2% year-over-year, from $1.82M to $1.72M.
What does amortization of deferred lease incentives mean?
This represents the non-cash amortization of costs incurred to incentivize tenants to enter into lease agreements, such as tenant improvement allowances or rent abatements. It reflects the systematic recognition of these incentives as a reduction of rental revenue over the lease term. Investors track this to understand the underlying cash impact of lease-related concessions provided to tenants.