Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
News Focus
Northstar Signs MOU to Mine High Grade Zone 2 at Cam Copper Mine (click to learn more)
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Whiterock Real Estate Investment Trust T.WRK.DB.K



TSX:WRK.DB.K - Post by User

Whiterock Real Estate Investment Trust > Aquisitions
<< Previous
 Bullboard Posts
Next >>
User Avatar Image
(0)
•••
Comment by Jimpossibleon Jun 08, 2010 8:02pm
410 Views
Post# 17170751

RE: RE: RE: Aquisitions

RE: RE: RE: AquisitionsHi, gw,

I'm not an accountant, but  in Canada, reits have been required to depreciate their properties at a high rate, and for book-keeping purposes this is a high cost, and it goes into the affo calculation. (if I'm not mistaken).... But it's not a cash cost. Also, over time, the value of properties seems to go up, not down.  They will add-back the non-cash depreciation to get to the amount of the distribution........... So, distributions can be more than AFFO.....
But, there's lots of people who don't like this....... it does make some funny-looking numbers sometimes.

<< Previous
 Bullboard Posts
Next >>
Dealroom for high-potential pre-IPO opportunities
USER FEEDBACK SURVEY ×

Be the voice that helps shape the content on site!

At Stockhouse, we’re committed to delivering content that matters to you. Your insights are key in shaping our strategy. Take a few minutes to share your feedback and help influence what you see on our site!

The Market Online in partnership with Stockhouse
Later
Participate
Not interested