If the partnership completely disposes of the trade or business for which the costs are incurred (in the case of startup expenses) or liquidates (in the case of organizational expenses) before the 180-month period ends, any unamortized costs
are deductible at the time of the disposition or liquidation.
But they chose to amortize the retrofit of the space over 10 years, pledging to pay all unamortized costs
if they do not renew after the initial seven-year term (which is big $$
The company, Centre Tech III, had requested $13,582 to pay for unamortized costs
of refinishing the property and the unamortized balance of a real estate commission.
3 million in the first quarter of 2007 in conjunction with the unamortized costs
associated with the prior facilities.
2 million impairment expense reflects unamortized costs
associated with the acquisition, development and implementation of the system.
625% of the principal amount and associated unamortized costs
22 per share) in the third quarter of 2011 relating to the early termination of interest rate swap agreements and unamortized costs
associated with the repayment of the $150 million term note.
Net income before the after-tax cost of expensing the call premium and unamortized costs
on senior notes redeemed was $16.
2 million of deferred financing costs, which represents the pro-rata share of such unamortized costs
4 million related to the call premium and certain unamortized costs
associated with the original issuance of this debt.
As a result of the non-cash write-off of certain unamortized costs
and a discount related to the Exchangeable Notes, the company will record a charge to earnings and funds from operations (FFO) of approximately $1.
Income from continuing operations, before the after-tax cost of expensing the call premium and unamortized costs
on bonds redeemed in the quarter, was $10.