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Urban Edge Properties UE Reportable Segment — Lease expense
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Where this comes from
Reported directly by Urban Edge Properties in its filing.
Tagged under the XBRL concept us-gaap:OperatingLeaseExpense.
The source filing: Urban Edge Properties’s 10-Q, filed April 29, 2026.
- Filed
- Apr 29, 2026, 7:00 AM EDT
- Fiscal quarter
- Q1 FY2026
- Calendar quarter
- Q1 2026
- Accession
- 0001611547-26-000039
| (Amounts in thousands) | Three Months Ended March 31, 2026 | Three Months Ended March 31, 2025 |
|---|---|---|
| EXPENSES | ||
| Real estate taxes | 17,066 | 16,840 |
| Property operating | 29,321 | 24,466 |
| Lease expense | 2,075 | 2,098 |
| Total property operating expenses | 48,462 | 43,404 |
| Property net operating income | $72,951 | $71,425 |
| Reconciliation of Property NOI to income before income taxes | ||
| Depreciation and amortization | (32,312) | (37,195) |
ITEM 1. FINANCIAL STATEMENTS
FAQ
- What is Urban Edge Properties's reportable segment — lease expense?
- Urban Edge Properties (UE) reported reportable segment — lease expense of $2.08M in Q1 2026.
- How has Urban Edge Properties's reportable segment — lease expense changed year-over-year?
- Urban Edge Properties's reportable segment — lease expense decreased by 1.1% year-over-year, from $2.1M to $2.08M.
- What does reportable segment — lease expense mean?
- This represents the costs incurred by the company related to lease obligations, such as ground leases or other contractual rental payments for property interests. It is a vital component in evaluating the net cash flow generated by leased assets and the company's underlying leasehold liabilities.
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