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AMEN Properties (AMEN Properties) Long-Term Capital Lease Obligation : $0.00 Mil (As of Mar. 2023)


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What is AMEN Properties Long-Term Capital Lease Obligation?

AMEN Properties's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2023 was $0.00 Mil.


AMEN Properties Long-Term Capital Lease Obligation Historical Data

The historical data trend for AMEN Properties's Long-Term Capital Lease Obligation can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

AMEN Properties Long-Term Capital Lease Obligation Chart

AMEN Properties Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Long-Term Capital Lease Obligation
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AMEN Properties Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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AMEN Properties  (OTCPK:AMEN) Long-Term Capital Lease Obligation Explanation

Long-Term Capital Lease Obligation are the amount due for long-term asset lease agreements that are nearly equivalent to asset purchases. Capital lease obligations are installment payments that constitute a payment of principal plus interest for the capital lease. The Short-Term Capital Lease Obligation is the portion of a Long-Term Capital Lease Obligation that is due over the next year.

Under US Generally Accepted Accounting Principles (GAAP), a capital lease is essentially equivalent to a purchase by the lessee if it meets the following criteria:

1. Ownership of the asset is transferred to the lessee at the end of the lease term;
2. The lease contains a bargain purchase option to buy the equipment at less than fair market value;
3. The lease term equals or exceeds 75% of the asset's estimated useful life;
4. The present value of the lease payments equals or exceeds 90% of the total original cost of the equipment.

AMEN Properties Long-Term Capital Lease Obligation Related Terms

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AMEN Properties (AMEN Properties) Business Description

Industry
Traded in Other Exchanges
N/A
Address
P.O. Box 835451, Richardson, TX, USA, 75080
AMEN Properties Inc acquires investments in commercial real estate, natural gas properties, and other energy-related business properties. It derives revenue from oil and gas.
Executives
Jon M Morgan officer: Chief Executive Officer 303 W WALL, SUITE 1700, MIDLAND TX 79701
Blake Donald M Jr director 298 5TH AVENUE, NEW YORK NY 10001
Randy G Nicholson director 1202 ESTATES DRIVE SUITE D, ABILENE TX 79602
Earl Gjelde director 790 ROSE ACRES COURT, LOVELAND CO 80537
Eric L Oliver director 303 W WALL, SUITE 1700, MIDLAND TX 79701
Bruce E Edgington director 303 W WALL, SUITE 2300, MIDLAND TX 79701
Jesse T Correll director
John Bick officer: Managing Principal 1409 CROWLEY ROAD, ARLINGTON TX 76012
Kris Lawson Oliver officer: Chief Financial Officer 303 W. WALL STREET, SUITE 1700, MIDLAND TX 79701
Kevin Yung officer: Chief Operating Officer 303 W. WALL STREET, SUITE 2300, MIDLAND TX 79701
Padraig Ennis officer: Vice President 2821 MARMON, MIDLAND TX 79705
John M James officer: Chief Financial Officer 4485 HACKBERRY, MIDLAND TX 79707
Eric Boyt other: Former Chief Financial Officer

AMEN Properties (AMEN Properties) Headlines

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