Property Net Operating Income or "Property NOI" means, with respect to any Property for any Rolling Period (without duplication) the aggregate amount of (i) Property Income for such period minus (ii) Property Expenses for such period.
Examples of Property Net Operating Income in a sentence
For our definition of NOI and Core NOI, as well as an important discussion of their uses and inherent limitations, see "Real Estate Property Net Operating Income and Core Net Operating Income" below.
Real Estate Property Net Operating Income and Core Net Operating Income We present NOI and Core NOI, as defined below, in this information statement as supplemental measures of our performance that are not required by, or presented in accordance with, accounting principles generally accepted in the United States of America ("GAAP").
Property Net Operating Income - The Company uses property NOI, including same store NOI and same store NOI by market, as an operating measure.
Commercial Property Net Operating Income Commercial property net operating income is defined by us as revenue from commercial property operations less direct commercial property expense.
Commercial Property Net Operating Income We define commercial property net operating income as revenue from commercial property operations less direct commercial property expense.