Discontinued — last reported Q4 '20
An increase indicates that the real estate assets in this specific location are aging or that the company is continuing to hold these assets over time, reducing their net book value. A decrease would typically only occur if assets are sold, impaired, or if there is a change in accounting treatment for the property portfolio.
This metric represents the total cumulative depreciation recorded against real estate assets held directly by the compan...
Peers in the commercial real estate sector report similar accumulated depreciation figures for their specific property holdings, which are typically compared against the gross book value to assess the remaining useful life of the portfolio.
fbrt_segment_jeffersonville_in_real_estate_owned_accumulated_depreciation