Examples of Property Net Operating Income in a sentence
Property Net Operating Income (“NOI”) – NOI is defined as rent from income producing properties less property operating costs.
Property Net Operating Income — The Company uses property NOI, including same store NOI and same store NOI by market, as an operating measure.
Industrial Logistics Properties TrustCalculation and Reconciliation of Property Net Operating Income and Cash Basis Net Operating Income (1) (dollars in thousands)(unaudited) (1)The calculations of NOI and Cash Basis NOI exclude certain components of net income in order to provide results that are more closely related to ILPT’s property level results of operations.
Industrial Logistics Properties TrustCalculation and Reconciliation of Property Net Operating Income and Cash Basis Net Operating Income (1)(dollars in thousands)(unaudited) (1) The calculations of NOI and Cash Basis NOI exclude certain components of net income in order to provide results that are more closely related to ILPT’s property level results of operations.
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.