Interest Expense in USD of TIAA REAL ESTATE ACCOUNT from 2020 to 2024

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 2024.
  • 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 2024 was $53.5M, a 20.3% decline from 2023.
  • 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.
Interest Expense, Trailing 12 Months (USD)
Interest Expense, Quarterly (USD)
Interest Expense, YoY Quarterly Growth (%)
Interest Expense, Annual (USD)
Interest Expense, YoY Annual Growth (%)

TIAA REAL ESTATE ACCOUNT Quarterly Interest Expense (USD)

Period TTM Value Value YoY Chg Change % Start Date End Date Report Filed
Q1 2024 $72.7M $17M +$5.6M +49.1% Jan 1, 2024 Mar 31, 2024 10-Q 2024-05-03
Q4 2023 $67.1M $17.7M +$7.9M +80.6% Oct 1, 2023 Dec 31, 2023 10-K 2025-03-06
Q3 2023 $59.2M $19M +$5.8M +43.9% Jul 1, 2023 Sep 30, 2023 10-Q 2023-11-03
Q2 2023 $53.4M $19M +$15.9M +513% Apr 1, 2023 Jun 30, 2023 10-Q 2023-08-04
Q1 2023 $37.5M $11.4M +$10.1M +777% Jan 1, 2023 Mar 31, 2023 10-Q 2024-05-03
Q4 2022 $27.4M $9.8M Oct 1, 2022 Dec 31, 2022 10-K 2025-03-06
Q3 2022 $13.2M +$12.3M +1367% Jul 1, 2022 Sep 30, 2022 10-Q 2023-11-03
Q2 2022 $3.1M Apr 1, 2022 Jun 30, 2022 10-Q 2023-08-04
Q1 2022 $1.3M Jan 1, 2022 Mar 31, 2022 10-Q 2023-05-05
Q3 2021 $900K Jul 1, 2021 Sep 30, 2021 10-Q 2022-11-04

TIAA REAL ESTATE ACCOUNT Annual Interest Expense (USD)

Period Value YoY Chg Change % Start Date End Date Report Filed
2024 $53.5M -$13.6M -20.3% Jan 1, 2024 Dec 31, 2024 10-K 2025-03-06
2023 $67.1M +$39.7M +145% Jan 1, 2023 Dec 31, 2023 10-K 2025-03-06
2022 $27.4M +$24.9M +996% Jan 1, 2022 Dec 31, 2022 10-K 2025-03-06
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.