Service Corporation International SCI Lessor — Land
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Where this comes from
Reported directly by Service Corporation International in its filing.
Tagged under the XBRL concept us-gaap:Land.
The source filing: Service Corporation International’s 10-K, filed February 12, 2026.
- Filed
- Feb 12, 2026, 4:19 PM EST
- Fiscal year
- FY2025
- Accession
- 0001628280-26-007695
We own certain land, buildings, and improvements for the sole purpose of generating lease income. Property is recorded at cost, and depreciation is recognized ratably over the estimated useful lives of the various classes of assets. Buildings and improvements are depreciated over a period ranging from ten years to forty years. For these properties, we recorded depreciation expense of $0.4 million for the years ended December 31, 2025, 2024, and 2023. As of December 31, 2025, our Consolidated Balance Sheet includes land of $24.7 million, and buildings and improvements of $9.3 million, net of $2.7 million accumulated depreciation, related to the buildings and improvements.
Item 8. Financial Statements and Supplementary Data
FAQ
- What is Service Corporation International's lessor — land?
- Service Corporation International (SCI) reported lessor — land of $24.7M in Q4 2025.
- How has Service Corporation International's lessor — land changed year-over-year?
- Service Corporation International's lessor — land decreased by 22.6% year-over-year, from $31.9M to $24.7M.
- What does lessor — land mean?
- This represents the book value of land assets held within the lessor segment, which are not subject to depreciation. These assets typically support the company's cemetery or funeral property operations and serve as a long-term capital base. It is a key indicator of the segment's physical footprint and potential for future development or revenue generation.
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