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Granite Point Mortgage Trust GPMT Operating Lease Variable Lease Income
Operating Lease Variable Lease Income at other companies
Other financials
Where this comes from
Reported directly by Granite Point Mortgage Trust in its filing.
Tagged under the XBRL concept us-gaap:OperatingLeaseVariableLeaseIncome.
The source filing: Granite Point Mortgage Trust’s 10-Q, filed August 5, 2026.
- Filed
- Aug 5, 2026, 4:17 PM EDT
- Fiscal quarter
- Q4 FY2026
- Calendar quarter
- Q4 2026
- Accession
- 0001703644-26-000034
| (in thousands) / Real Estate Owned, Net | Three Months Ended June 30, 2026 | Three Months Ended June 30, 2025 | Six Months Ended June 30, 2026 | Six Months Ended June 30, 2025 |
|---|---|---|---|---|
| Rental income | ||||
| Minimum lease payments | $2,059 | $2,450 | $4,173 | $4,679 |
| Variable lease payments | 857 | 919 | 1,649 | 1,726 |
| Total rental income | 2,916 | 3,369 | 5,822 | 6,405 |
| Other operating income | 571 | 384 | 885 | 442 |
| Revenue from real estate owned operations | 3,487 | 3,753 | 6,707 | 6,847 |
| Expenses from real estate owned operations (1) | (5,273) | (5,227) | (11,033) | (9,731) |
| Total | $(1,786) | $(1,474) | $(4,326) | $(2,884) |
Item 1. [Financial Statements (unaudited)](#i562168c3652448888595321297446d5c_25) [1](#i562168c3652448888595321297446d5c_25)
FAQ
- What is Granite Point Mortgage Trust's operating lease variable lease income?
- Granite Point Mortgage Trust (GPMT) reported operating lease variable lease income of $857K in Q2 2026.
- How has Granite Point Mortgage Trust's operating lease variable lease income changed year-over-year?
- Granite Point Mortgage Trust's operating lease variable lease income decreased by 6.7% year-over-year, from $919K to $857K.
- What does operating lease variable lease income mean?
- Captures rental income that is contingent upon future events, such as percentage rent based on tenant sales or index-linked adjustments. This metric provides insight into the upside potential of the lease portfolio beyond fixed contractual payments. It reflects the sensitivity of rental revenue to market conditions and tenant performance.
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