Discontinued — last reported Q2 '23
Franklin BSP Realty Trust Various — Real Estate Owned, Accumulated Depreciation increased by 120.3% to $824.00K in Q2 2023 compared to the prior quarter. This increase may warrant attention — for this metric, lower values are generally preferred.
A high ratio of accumulated depreciation to gross assets may indicate an aging portfolio that requires future capital expenditure for maintenance or renovation.
The cumulative amount of depreciation expense recorded against the company's real estate assets over their useful lives....
Standard contra-asset account found on the balance sheet of any company holding depreciable real estate.
fbrt_segment_various_real_estate_owned_accumulated_depreciation| Q4 '22 | Q1 '23 | Q2 '23 | |
|---|---|---|---|
| Value | $115.00K | $374.00K | $824.00K |
| QoQ Change | — | +225.2% | +120.3% |