ARES INDUSTRIAL REAL ESTATE INCOME TRUST Inc. Annual Depreciation in USD from 2018 to 2023

Taxonomy & unit
us-gaap: USD
Description
The amount of expense recognized in the current period that reflects the allocation of the cost of tangible assets over the assets' useful lives. Includes production and non-production related depreciation.
Summary
ARES INDUSTRIAL REAL ESTATE INCOME TRUST Inc. quarterly/annual Depreciation history and growth rate from 2018 to 2023.
  • ARES INDUSTRIAL REAL ESTATE INCOME TRUST Inc. Depreciation for the quarter ending June 30, 2024 was $54.8M, a 6.38% increase year-over-year.
  • ARES INDUSTRIAL REAL ESTATE INCOME TRUST Inc. Depreciation for the twelve months ending June 30, 2024 was $216M, a 6.17% increase year-over-year.
  • ARES INDUSTRIAL REAL ESTATE INCOME TRUST Inc. annual Depreciation for 2023 was $209M, a 15.3% increase from 2022.
  • ARES INDUSTRIAL REAL ESTATE INCOME TRUST Inc. annual Depreciation for 2022 was $181M, a 156% increase from 2021.
  • ARES INDUSTRIAL REAL ESTATE INCOME TRUST Inc. annual Depreciation for 2021 was $70.9M, a 178% increase from 2020.
Depreciation, Trailing 12 Months (USD)
Depreciation, Annual (USD)
Depreciation, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $209M +$27.8M +15.3% Jan 1, 2023 Dec 31, 2023 10-K 2024-03-08
2022 $181M +$110M +156% Jan 1, 2022 Dec 31, 2022 10-K 2024-03-08
2021 $70.9M +$45.4M +178% Jan 1, 2021 Dec 31, 2021 10-K 2024-03-08
2020 $25.5M +$13.5M +113% Jan 1, 2020 Dec 31, 2020 10-K 2023-03-20
2019 $12M +$9.86M +472% Jan 1, 2019 Dec 31, 2019 10-K 2022-03-09
2018 $2.09M Jan 1, 2018 Dec 31, 2018 10-K 2021-03-05
* An asterisk sign (*) next to the value indicates that the value is likely invalid.