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Alexander's ALX Incentive From Lessor
Incentive From Lessor at other companies
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Where this comes from
Reported directly by Alexander's in its filing.
Tagged under the XBRL concept us-gaap:IncentiveFromLessor.
The source filing: Alexander's’s 10-Q, filed May 4, 2026.
- Filed
- May 4, 2026, 8:28 AM EDT
- Fiscal quarter
- Q1 FY2026
- Calendar quarter
- Q1 2026
- Accession
- 0000003499-26-000020
| LIABILITIES AND EQUITY | ||
|---|---|---|
| Mortgages payable, net of deferred debt issuance costs | $832,002 | $829,451 |
| Amounts due to Vornado | — | 134 |
| Accounts payable and accrued expenses | 38,030 | 36,538 |
| Lease incentive liability | 113,618 | 113,618 |
| Other liabilities | 21,918 | 21,811 |
| Total liabilities | 1,005,568 | 1,001,552 |
| Commitments and contingencies | ||
| Preferred stock: $1.00 par value per share; authorized, 3,000,000 shares; issued and outstanding, none | — | — |
Item 1. Financial Statements
FAQ
- What is Alexander's's incentive from lessor?
- Alexander's (ALX) reported incentive from lessor of $113.62M in Q1 2026.
- How has Alexander's's incentive from lessor changed year-over-year?
- Alexander's's incentive from lessor decreased by 1.3% year-over-year, from $115.12M to $113.62M.
- What does incentive from lessor mean?
- This represents financial concessions or allowances provided by a landlord to a tenant, often in the form of cash payments or rent abatements to incentivize lease agreements. It acts as a contra-expense or a reduction in the cost of leasing space. Tracking this helps investors understand the competitive dynamics of the leasing market and the true net effective rent being achieved.
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