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Taxonomy & unit
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us-gaap: USD
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Description
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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.
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Summary
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Lodging Fund REIT III, Inc. quarterly/annual Depreciation history and growth rate from Q1 2019 to Q1 2024.
- Lodging Fund REIT III, Inc. Depreciation for the quarter ending March 31, 2024 was $2.56M, a 5.42% increase year-over-year.
- Lodging Fund REIT III, Inc. annual Depreciation for 2023 was $9.97M, a 24.7% increase from 2022.
- Lodging Fund REIT III, Inc. annual Depreciation for 2022 was $8M, a 65.5% increase from 2021.
- Lodging Fund REIT III, Inc. annual Depreciation for 2021 was $4.83M, a 39.6% increase from 2020.
Depreciation, Trailing 12 Months (USD)
Depreciation, Quarterly (USD)
Depreciation, YoY Quarterly Growth (%)