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Apple Hospitality REIT (APLE) Rent Expense (2016 - 2019)

Apple Hospitality REIT (APLE) has disclosed Rent Expense for 7 consecutive years, with $405000.0 as the latest value for Q4 2019.

  • On a quarterly basis, Rent Expense fell 85.45% to $405000.0 in Q4 2019 year-over-year; TTM through Dec 2019 was $1.7 million, a 85.41% decrease, with the full-year FY2020 number at $1.5 million, down 8.99% from a year prior.
  • Rent Expense was $405000.0 for Q4 2019 at Apple Hospitality REIT, down from $425000.0 in the prior quarter.
  • In the past five years, Rent Expense ranged from a high of $2.9 million in Q2 2018 to a low of $405000.0 in Q1 2019.
  • A 5-year average of $2.2 million and a median of $2.6 million in 2015 define the central range for Rent Expense.
  • Peak YoY movement for Rent Expense: surged 186.81% in 2015, then plummeted 85.79% in 2019.
  • Apple Hospitality REIT's Rent Expense stood at $2.5 million in 2015, then grew by 13.24% to $2.8 million in 2016, then increased by 0.18% to $2.8 million in 2017, then dropped by 1.52% to $2.8 million in 2018, then tumbled by 85.45% to $405000.0 in 2019.
  • Per Business Quant, the three most recent readings for APLE's Rent Expense are $405000.0 (Q4 2019), $425000.0 (Q3 2019), and $423000.0 (Q2 2019).