Sunstone Hotel Investors (FRA:UF2) Long-Term Capital Lease Obligation : €14.3 Mil (As of Mar. 2024)

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What is Sunstone Hotel Investors Long-Term Capital Lease Obligation?

Sunstone Hotel Investors's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was €14.3 Mil.

Sunstone Hotel Investors's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (€16.8 Mil) to Dec. 2023 (€15.3 Mil) and declined from Dec. 2023 (€15.3 Mil) to Mar. 2024 (€14.3 Mil).

Sunstone Hotel Investors's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (€22.2 Mil) to Dec. 2022 (€17.9 Mil) and declined from Dec. 2022 (€17.9 Mil) to Dec. 2023 (€15.3 Mil).

Sunstone Hotel Investors Long-Term Capital Lease Obligation Historical Data

The historical data trend for Sunstone Hotel Investors'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.

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Sunstone Hotel Investors Long-Term Capital Lease Obligation Chart

Sunstone Hotel Investors Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

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58.74

37.42

22.23

17.95

15.35

Sunstone Hotel Investors Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															14.41	13.17	16.76	15.35	14.34

Sunstone Hotel Investors (FRA:UF2) 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.

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Sunstone Hotel Investors (FRA:UF2) Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Sunstone Hotel Investors Inc (FRA:UF2) » Definitions » Long-Term Capital Lease Obligation

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SHO:USA

Address

15 Enterprise, Suite 200, Aliso Viejo, CA, USA, 92656

Website

https://www.sunstonehotels.com

Sunstone Hotel Investors Inc is a real estate investment trust that acquires, owns, manages, and renovates the full-service hotel and select-service hotel properties across various states in the United States. The firm's portfolio consists primarily of urban, upper-upscale hotels. The vast majority of these hotels are managed under Marriott, Hilton, Fairmont, and Sheraton brands. Regionally, the company's assets are located in its California, Other West, Midwest, and East geographical segments within the U.S. The majority of the company's revenue is derived from its Eastern operations, closely followed by its Californian operations. Sunstone's sole source of income is hotel revenue from its hotel ownership segment.

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