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Long-term Construction Loan, Noncurrent

This element represents the noncurrent portion of a long-term real estate loan to finance building costs. The funds are disbursed as needed or in accordance with a prearranged plan; generally, a portion of the funds is disbursed at inception and the remainder as construction progresses. The money is repaid on completion of the project (generally one to seven years), usually from the proceeds of a mortgage loan. The rate is normally higher than the prime rate, and there is usually an origination fee. The effective yield on these loans tends to be high, and the lender has a security interest in the real property.

Compare To Other Companies

All Reported Long-term Construction Loan, Noncurrent (USD)

Value Reported On Form FY FP Start Date End Date Fiscal Period
$0.00 2022-05-23 10-Q 2022 Q1 2021-12-31
$0.00 2022-08-15 10-Q 2022 Q2 2021-12-31
$0.00 2022-11-14 10-Q 2022 Q3 2021-12-31 CY2021Q4I
$16,000,000.00 2022-05-23 10-Q 2022 Q1 2022-03-31 CY2022Q1I
$16,000,000.00 2022-08-15 10-Q 2022 Q2 2022-06-30 CY2022Q2I
$16,000,000.00 2022-11-14 10-Q 2022 Q3 2022-09-30 CY2022Q3I
$16,000,000.00 2023-05-15 10-Q 2023 Q1 2022-12-31
$16,000,000.00 2023-08-15 10-Q 2023 Q2 2022-12-31
$16,000,000.00 2023-11-20 10-Q 2023 Q3 2022-12-31
$16,000,000.00 2024-04-15 10-K 2023 FY 2022-12-31 CY2022Q4I
$16,000,000.00 2023-05-15 10-Q 2023 Q1 2023-03-31 CY2023Q1I
$16,000,000.00 2023-08-15 10-Q 2023 Q2 2023-06-30 CY2023Q2I
$16,000,000.00 2023-11-20 10-Q 2023 Q3 2023-09-30 CY2023Q3I
$16,000,000.00 2024-04-15 10-K 2023 FY 2023-12-31
$16,000,000.00 2024-05-17 10-Q 2024 Q1 2023-12-31
$16,000,000.00 2024-08-14 10-Q 2024 Q2 2023-12-31
$16,000,000.00 2024-11-14 10-Q 2024 Q3 2023-12-31 CY2023Q4I
$16,000,000.00 2024-05-17 10-Q 2024 Q1 2024-03-31 CY2024Q1I
$16,000,000.00 2024-08-14 10-Q 2024 Q2 2024-06-30 CY2024Q2I
$16,000,000.00 2024-11-14 10-Q 2024 Q3 2024-09-30 CY2024Q3I

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