Discontinued — last reported Q4 '20
Products & Services · Operating Lease Lease Income Loss
Storage Rent — Operating Lease Lease Income Loss
Analysis
StatementSegment
CategoryProfitability
SignalLower is better
VolatilityModerate
First reportedQ1 2018
Last reportedQ4 2020
How to read this metric
An increase suggests higher vacancy, increased bad debt, or aggressive rent concessions within the storage unit portfolio, while a decrease indicates improved collection or reduced loss exposure.
Detailed definition
This metric represents the negative financial impact or reduction in revenue associated with storage unit leasing activi...
Peer comparison
Peers in the multifamily REIT sector report similar ancillary revenue adjustments under 'other property income' or 'ancillary service losses'.
Metric ID:
eqr_segment_storage_rent_operating_lease_lease_income_lossSimilar Metrics at Other Companies
Frequently Asked Questions
- What does storage rent — operating lease lease income loss mean?
- The total revenue losses or adjustments incurred from leasing storage units to residents.