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See: Interest During Construction
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Intangible Drilling Costs

Expenses a company has when it drills for oil or natural gas. Intangible drilling costs are sometimes convenient for a company's tax purposes because it can deduct intangible drilling costs in one year when the company perhaps found little or no oil from profits made in a different year when the company does find oil.

Interest During Construction

In project finance, the interest that accumulates on a loan that finances the construction of a building or development. The IDC is a cost for the project, though it is not always calculated as such. The IDC is calculated until the project begins to generate revenue, when the company financing the project begins to service its debts.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
References in periodicals archive ?
So, instead of a normal tenant just being uncomfortable if part of the air conditioning goes down, the problem can actually result in shutting down the equipment." The same is true for power, which is why almost all facilities, from a telecom hotel to data center, boast a back-up power supply.
Chalme has worked with the telecom hotels -- also known as 'mission critical facilities' -- for the past two years.
Cushman & Wakefield has extensive knowledge on and experience in industrial markets nationwide, and closely follows trends in such specific areas as telecom hotels, e-commerce fulfillment centers, manufacturing sites, warehouses, and distribution centers.
Data center hotels are already supplementing telecom hotels as an alternative to office, industrial, or residential use of existing structures.
In addition, Cushman & Wakefield will negotiate agreements for telecom hotels and switching center leases, as well as agreements that will allow AFS to access a customer's building to facilitate high-speed broadband data transmission.
Warehouse construction climbed 11%, boosted by the recent strength for store construction and growing demand for "telecom hotels" that house communications and Internet-related equipment.
"And this doesn't bode well for telecom hotels, for the uncertain future has led to a withdrawal of capital."

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