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Phillips Edison & Company PECO Amortization of above and below Market Leases
Amortization of above and below Market Leases at other companies
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Where this comes from
Reported directly by Phillips Edison & Company in its filing.
Tagged under the XBRL concept us-gaap:AmortizationOfAboveAndBelowMarketLeases.
The source filing: Phillips Edison & Company’s 10-Q, filed July 24, 2026.
- Filed
- Jul 24, 2026, 4:06 PM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0001476204-26-000032
| Line item | Six Months Ended June 30, 2026 | Six Months Ended June 30, 2025 |
|---|---|---|
| Adjustments to reconcile net income to net cash provided by operating activities: | ||
| Depreciation and amortization of real estate assets | 131,653 | 135,703 |
| Depreciation and amortization of corporate assets | 718 | 774 |
| Net amortization of above- and below-market leases | (5,083) | (4,072) |
| Amortization of deferred financing expenses | 1,706 | 2,416 |
| Amortization of debt and derivative adjustments | 1,349 | 1,252 |
| Loss on extinguishment or modification of debt, net | 1,080 | 1 |
| Gain on disposal of property, net | (26,207) | (5,543) |
Item 1. FINANCIAL STATEMENTS (CONDENSED AND UNAUDITED)
FAQ
- What is Phillips Edison & Company's amortization of above and below market leases?
- Phillips Edison & Company (PECO) reported amortization of above and below market leases of -$2.63M in Q2 2026.
- How has Phillips Edison & Company's amortization of above and below market leases changed year-over-year?
- Phillips Edison & Company's amortization of above and below market leases decreased by 23.7% year-over-year, from -$2.13M to -$2.63M.
- What is the long-term trend for Phillips Edison & Company's amortization of above and below market leases?
- Over 4 years (2021 to 2025), Phillips Edison & Company's amortization of above and below market leases has grown at a 24.6% compound annual growth rate (CAGR), from -$3.58M to -$8.64M.
- What does amortization of above and below market leases mean?
- This represents the non-cash adjustment to rental revenue resulting from the amortization of lease intangibles recorded at the time of property acquisition. It accounts for the difference between contractual lease rates and market rates at the time of lease inception. This adjustment is critical for normalizing rental income to reflect current market conditions.
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