tenant reimbursements

tenant reimbursements

Amounts paid by a tenant to a landlord as reimbursement for operating expenses,taxes,and insurance,if required by the lease.

References in periodicals archive ?
Fixed rent payments account for about 68% of Iguatemi's net revenues, while tenant reimbursements represent an additional 11% of total net revenues.
They are supported by a lease structure that consist of fixed rent payments (70%) and tenant reimbursements (10%), which cover costs associated with property management and taxes.
NOI -- We define net operating income ("NOI") as operating revenues (rental income, tenant reimbursements and other income) less property and related expenses (property expenses, real estate taxes and insurance).
The other significant component in Caparra Hills' revenue structure is tenant reimbursements, which represent about of 25% of total revenues, covering costs associated with property management and taxes.
The borrower continues in efforts to lease up the property and completed asbestos remediation in early 2012 with all funds coming from tenant reimbursements and property cash flow.
Cost of operations were up $461,000 due mainly to adding additional square feet to this segment resulting in higher depreciation, operating expenses and property taxes partially offset by higher tenant reimbursements and higher corporate expenses due mainly to higher corporate bonus accruals and higher corporate medical claims.
The other significant component in company's revenue structure is tenant reimbursements, which represent about of 25% of total revenues, covering costs associated with property management and taxes.
Caparra's lease structure consists of fixed rent payments (65%) and tenant reimbursements (24%), which (basically covering costs associated with property management and taxes) represent about of 90% total revenues and make Caparra's revenues more predictable.
Rental income and tenant reimbursements from continuing operations for the years ended December 31, 2007 and 2006 were approximately $41,439,000 and $32,754,000, respectively.
Same-Property NOI -- Same-Property Net Operating Income ("Same-Property NOI"), defined as operating revenues (rental, tenant reimbursements and other revenues) less operating expenses (property operating expenses, real estate taxes and insurance) from the consolidated properties owned by us and in-service for the entirety of the periods compared, is a primary performance measure we use to assess the results of operations at our properties.
NOI - The Company defines net operating income ("NOI") as operating revenues (rental income, tenant reimbursements, and other income) less property and related expenses (property expenses, real estate taxes, and insurance).
The impact of prior year tenant reimbursements was not considered in making these comparisons.