Examples of Comparable Portfolio in a sentence
Disclosure regarding the Comparable Portfolio is included on page 7 of this release.
Comparison of 2016 to 2015 Operating and maintenance expenses for the Comparable Portfolio Properties were lower in 2016 due to decreased recoverable operating expenses and professional fees.
The changes were due to the following (in millions): Comparison of 2017 to 2016 Depreciation expense for Comparable Portfolio Properties was lower in 2017, primarily as a result of accelerated depreciation charges in 2016 related to changes in the useful lives of certain assets related to the early termination of tenant leases.
The 20 Hotel Comparable Portfolio Adjusted EBITDA re Margins exclude any prior year property tax adjustments, net.Information regarding the non-GAAP financial measures disclosed in this release is provided below in “Non-GAAP Financial Measures.” Reconciliations of non-GAAP financial measures to the most comparable GAAP measure for each of the periods presented are included later in this release.
Comparable Portfolio operating statistics presented here and elsewhere in this release include both prior ownership results and the Company’s ownership results for The Confidante Miami Beach, acquired by the Company in June 2022.
The changes were due to the following (in millions): Comparison of 2017 to 2016 Table of ContentsDepreciation expense for Comparable Portfolio Properties was lower in 2017, primarily as a result of accelerated depreciation charges in 2016 related to changes in the useful lives of certain assets related to the early termination of tenant leases.
Oceans Edge Resort & Marina Florida Independent 175 1.62% 100% Fee Simple 2017 Total 21 Hotel Comparable Portfolio 10,780 100% (1) Assumes the full exercise of all lease extensions.
Comparable Portfolio Operating Statistics by Region (Unaudited) (1) Excludes properties that experienced material and prolonged business interruption during 2007 or 2006 (Fairmont Newport Beach and Hyatt Regency Century Plaza).
Pro Forma represents the Company's ownership results for the 24 Hotel Comparable Portfolio, as well as the common stock issuance in 2018 and the reduction of rental expense due to the acquisitions of previously leased building space and land in May 2018 and July 2018, respectively.
The 22 Hotel Comparable Portfolio Adjusted EBITDA re Margins exclude any prior year property tax adjustments, net.Disclosures regarding the non-GAAP financial measures in this release are included on pages 5 through 7.