Discontinued — last reported Q1 '24
Real Estate — Other lease-related income
W.P. Carey Inc. Real Estate — Other lease-related income decreased by 17.4% to $2.16M in Q1 2024 compared to the prior quarter. Year-over-year, this metric declined by 83.9%, from $13.37M to $2.16M. Over 2 years (FY 2021 to FY 2023), Real Estate — Other lease-related income shows a downward trend with a -34.1% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase may indicate improved ancillary service monetization, while a decrease could reflect lower utilization of property amenities.
Detailed definition
Incidental income streams associated with lease agreements, such as late fees, parking revenue, or utility reimbursement...
Peer comparison
Commonly found in supplemental financial disclosures for diversified real estate portfolios.
wpc_segment_real_estate_other_lease_related_incomeHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $13.41M | $13.41M | $13.41M | $14.12M | $2.59M | $8.19M | $8.08M | $13.37M | $5.04M | $2.31M | $2.61M | $2.16M |
| QoQ Change | — | +0.0% | +0.0% | +5.3% | -81.7% | +216.2% | -1.3% | +65.4% | -62.3% | -54.2% | +13.0% | -17.4% |
| YoY Change | — | — | — | — | -80.7% | -38.9% | -39.7% | -5.3% | +94.5% | -71.8% | -67.7% | -83.9% |
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Frequently Asked Questions
- What is W.P. Carey Inc.'s real estate — other lease-related income?
- W.P. Carey Inc. (WPC) reported real estate — other lease-related income of $2.16M in Q1 2024.
- How has W.P. Carey Inc.'s real estate — other lease-related income changed year-over-year?
- W.P. Carey Inc.'s real estate — other lease-related income decreased by 83.9% year-over-year, from $13.37M to $2.16M.
- What is the long-term trend for W.P. Carey Inc.'s real estate — other lease-related income?
- Over 2 years (2021 to 2023), W.P. Carey Inc.'s real estate — other lease-related income has grown at a -34.1% compound annual growth rate (CAGR), from $53.66M to $23.33M.
- What does real estate — other lease-related income mean?
- Secondary income earned from properties beyond standard base rent.