Other

Amortization Of Below Market Lease

Granite Point Mortgage Trust Amortization Of Below Market Lease remained flat by 0.0% to $14.00K in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 75.0%, from $8.00K to $14.00K.

Analysis

StatementIncome Statement
SectionOther
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ1 2022
Last reportedQ1 2026May 5, 2026

How to read this metric

Changes reflect the portfolio's exposure to favorable legacy lease contracts relative to current market pricing.

Detailed definition

This represents the amortization of the intangible liability created when a lease is acquired at rates lower than curren...

Peer comparison

Standard in M&A accounting for real estate portfolios.

Metric ID: other_amortization_of_below_market_lease

Historical Data

17 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$0.00$0.00$0.00$0.00$0.00$1.00K$6.00K$2.00K$2.00K$2.00K$8.00K$7.00K$8.00K$13.00K$14.00K$14.00K$14.00K
QoQ Change+500.0%-66.7%+0.0%+0.0%+300.0%-12.5%+14.3%+62.5%+7.7%+0.0%+0.0%
YoY Change+100.0%+33.3%+250.0%+300.0%+550.0%+75.0%+100.0%+75.0%
Range$0.00$14.00K
Avg YoY Growth+185.4%
Median YoY Growth+100.0%
Current Streak5 quarters growth

Amortization Of Below Market Lease at Other Companies

Frequently Asked Questions

What is Granite Point Mortgage Trust's amortization of below market lease?
Granite Point Mortgage Trust (GPMT) reported amortization of below market lease of $14.00K in Q1 2026.
How has Granite Point Mortgage Trust's amortization of below market lease changed year-over-year?
Granite Point Mortgage Trust's amortization of below market lease increased by 75.0% year-over-year, from $8.00K to $14.00K.
What does amortization of below market lease mean?
The non-cash adjustment for leases acquired at rates below current market value.