TIAA REAL ESTATE ACCOUNT Annual Interest Expense in USD from 2020 to 2023

Taxonomy & unit
us-gaap: USD
Description
Amount of the cost of borrowed funds accounted for as interest expense.
Summary
Tiaa Real Estate Account quarterly/annual Interest Expense history and growth rate from 2020 to 2023.
  • Tiaa Real Estate Account Interest Expense for the quarter ending March 31, 2024 was $17M, a 49.1% increase year-over-year.
  • Tiaa Real Estate Account Interest Expense for the twelve months ending March 31, 2024 was $72.7M, a 93.9% increase year-over-year.
  • Tiaa Real Estate Account annual Interest Expense for 2023 was $67.1M, a 145% increase from 2022.
  • Tiaa Real Estate Account annual Interest Expense for 2022 was $27.4M, a 996% increase from 2021.
  • Tiaa Real Estate Account annual Interest Expense for 2021 was $2.5M, a 8.7% increase from 2020.
Interest Expense, Trailing 12 Months (USD)
Interest Expense, Annual (USD)
Interest Expense, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $67.1M +$39.7M +145% Jan 1, 2023 Dec 31, 2023 10-K 2024-03-14
2022 $27.4M +$24.9M +996% Jan 1, 2022 Dec 31, 2022 10-K 2024-03-14
2021 $2.5M +$200K +8.7% Jan 1, 2021 Dec 31, 2021 10-K 2024-03-14
2020 $2.3M Jan 1, 2020 Dec 31, 2020 10-K 2023-03-09
* An asterisk sign (*) next to the value indicates that the value is likely invalid.