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Seritage Growth Properties SRG Amortization of above and below Market Leases

Amortization of above and below Market Leases at other companies

Kimco Realty logo
Kimco RealtyKIM
-$13.63M-157%
CTO Realty Growth logo
CTO Realty GrowthCTO
-$910K-103%
InvenTrust Properties logo
InvenTrust PropertiesIVT
-$2.26M-152%
Regency Centers logo
Regency CentersREG
-$5.05M+18.7%

Other financials

Income statement

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Revenue$2.1M-55.4%
Net income-$30.3M-36.6%
EPS (diluted)-$0.56-33.3%

Balance sheet

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Cash & equivalents$44.5M-52.8%
Total debt$600.0K-40.0%
Total equity$299.9M-21.3%
Total assets$361.2M-44.4%

Cash flow

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Operating cash flow-$5.7M+37.8%
CapEx$294.0K-95.9%
Free cash flow-$6.0M+63.1%

Valuation

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Market cap$149.82M-13.9%
Enterprise value$105.92M+2.9%
P/S9.6×-0.7×

Profitability

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Operating margin-55.1%
Net margin-487.6%-160pp
FCF margin-330.5%+127pp

Returns & leverage

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Return on equity-22.4%-5.7pp
Debt / equity0.0×

Where this comes from

Reported directly by Seritage Growth Properties in its filing.

Tagged under the XBRL concept us-gaap:AmortizationOfAboveAndBelowMarketLeases.

The official record: Seritage Growth Properties’s 10-Q, filed May 15, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Seritage Growth Properties's amortization of above and below market leases?
Seritage Growth Properties (SRG) reported amortization of above and below market leases of $39K in Q1 2026.
How has Seritage Growth Properties's amortization of above and below market leases changed year-over-year?
Seritage Growth Properties's amortization of above and below market leases decreased by 9.3% year-over-year, from $43K to $39K.
What is the long-term trend for Seritage Growth Properties's amortization of above and below market leases?
Over 4 years (2021 to 2025), Seritage Growth Properties's amortization of above and below market leases has grown at a -3.4% compound annual growth rate (CAGR), from $176K to $153K.
What does amortization of above and below market leases mean?
Reflects the non-cash adjustment to rental income resulting from the amortization of lease intangibles established during property acquisitions. These adjustments align contractual lease rates with market rates at the time of acquisition. It is essential for normalizing reported rental revenue to reflect current market conditions.