Amalgamated Financial Corp. AMAL Unrecorded Unconditional Purchase Obligation
Unrecorded Unconditional Purchase Obligation at other companies
Other financials
Where this comes from
Reported directly by Amalgamated Financial Corp. in its filing.
Tagged under the XBRL concept us-gaap:UnrecordedUnconditionalPurchaseObligationBalanceSheetAmount.
The source filing: Amalgamated Financial Corp.’s 10-Q, filed May 5, 2026.
- Filed
- May 5, 2026, 8:47 AM EDT
- Fiscal quarter
- Q1 FY2026
- Calendar quarter
- Q1 2026
- Accession
- 0001823608-26-000113
During the year ended December 31, 2025, the Company entered into a fifteen year lease agreement, following a sixteen-month base rent abatement period, for the Company's headquarters. The base rent amount for the premises commences at $6.2 million per annum and is escalated by approximately 9% on the fifth anniversary of rent commencement and by an additional approximately 8% on the tenth anniversary of rent commencement. The lease is not set to commence until the Company moves to the new premises in 2026.
ITEM 5. Other Information [69](#iaf85e3db484d4dcda3464a22e026c828_133)
FAQ
- What is Amalgamated Financial Corp.'s unrecorded unconditional purchase obligation?
- Amalgamated Financial Corp. (AMAL) reported unrecorded unconditional purchase obligation of $6.2M in Q4 2025.
- What does unrecorded unconditional purchase obligation mean?
- Contractual commitments to purchase goods or services that are legally binding but have not yet been recognized as liabilities on the balance sheet because the goods or services have not been received. These obligations represent future cash outflows that are essential for ongoing operations.
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