AMERICAN CAMPUS COMMUNITIES INC (Form: 8
... A reconciliation of the range provided for projected net income to projected FFO and FFOM for the fiscal year ending December 31, 2015 is included in Table 4. Supplemental Information and Earnings Conference Call Supplemental financial and operating information, as well as this release, are availabl ...
... A reconciliation of the range provided for projected net income to projected FFO and FFOM for the fiscal year ending December 31, 2015 is included in Table 4. Supplemental Information and Earnings Conference Call Supplemental financial and operating information, as well as this release, are availabl ...
Annual Report2012
... lead to recovery of domestic activities as demand for reconstruction starts taking full effect. On the other hand, uncertainty will likely persist due to continued financial anxiety caused by the European economic crisis, the consistently high value of the yen, worries about economic stagnation in d ...
... lead to recovery of domestic activities as demand for reconstruction starts taking full effect. On the other hand, uncertainty will likely persist due to continued financial anxiety caused by the European economic crisis, the consistently high value of the yen, worries about economic stagnation in d ...
the use of portfolio credit risk models in central banks
... generally decreased interest rates and lower expected returns, an adequate return is nonetheless made on these public assets. Moreover, as demonstrated in Section 4 of this report, even a high credit quality portfolio may show a considerable amount of credit risk once the confidence level of CreditV ...
... generally decreased interest rates and lower expected returns, an adequate return is nonetheless made on these public assets. Moreover, as demonstrated in Section 4 of this report, even a high credit quality portfolio may show a considerable amount of credit risk once the confidence level of CreditV ...
1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
... Adjustments to reconcile net income to net cash provided by operating activities: Amortization of net deferred loan origination fees, discounts and premiums Provision for loan and real estate losses Depreciation and amortization Net gain on sales of securities and loans Amortization of goodwill Allo ...
... Adjustments to reconcile net income to net cash provided by operating activities: Amortization of net deferred loan origination fees, discounts and premiums Provision for loan and real estate losses Depreciation and amortization Net gain on sales of securities and loans Amortization of goodwill Allo ...
united states securities and exchange commission
... These statements are based on beliefs and assumptions of Piedmont’s management, which in turn are based on currently available information. Important assumptions relating to the forward-looking statements include, among others, assumptions regarding the demand for office space in the sectors in whic ...
... These statements are based on beliefs and assumptions of Piedmont’s management, which in turn are based on currently available information. Important assumptions relating to the forward-looking statements include, among others, assumptions regarding the demand for office space in the sectors in whic ...
The impact of market liquidity in times of stress on corporate bond
... literature (see O’Hara (1995)), which instead generates the lemons problem when there are too many, not too few, informed traders). Thus, the extent of liquidity is determined by the availability of “informed” traders in what amounts to a search framework. Liquidity is therefore linked to size becau ...
... literature (see O’Hara (1995)), which instead generates the lemons problem when there are too many, not too few, informed traders). Thus, the extent of liquidity is determined by the availability of “informed” traders in what amounts to a search framework. Liquidity is therefore linked to size becau ...
Soft budget constraint but no moral hazard? The Dutch local
... We describe the mechanism that has been put into place in order to prevent local financial crises in the Netherlands. This starts with vertical financial supervision, carried out by provinces. Provinces routinely check whether budgets are balanced, and when in doubt may place municipalities under a ...
... We describe the mechanism that has been put into place in order to prevent local financial crises in the Netherlands. This starts with vertical financial supervision, carried out by provinces. Provinces routinely check whether budgets are balanced, and when in doubt may place municipalities under a ...
Bank exposures and sovereign stress transmission
... growth. We also find that bank lending reacts primarily to the unexpected component of sovereign stress, i.e. to news that a sovereign default is more likely, as in the model proposed by Bocola (2016). Third, our estimation determines the direction of causality between sovereign exposures and bank l ...
... growth. We also find that bank lending reacts primarily to the unexpected component of sovereign stress, i.e. to news that a sovereign default is more likely, as in the model proposed by Bocola (2016). Third, our estimation determines the direction of causality between sovereign exposures and bank l ...
A Critical Comparison of cash- and asset-based Microcredit
... technologies, see figure 1 in appendix, there remains concern regarding the affordability of these products for those below-poverty-line, defined by the World Bank (2015) as under USD$1.90 a day. This paper will provide a theoretical case for a shift in emphasis from traditional microcredit to a mo ...
... technologies, see figure 1 in appendix, there remains concern regarding the affordability of these products for those below-poverty-line, defined by the World Bank (2015) as under USD$1.90 a day. This paper will provide a theoretical case for a shift in emphasis from traditional microcredit to a mo ...
- TestbankU
... However, the Treasury does not have risk of default so there is no effect on the risk premium on a loan to the Treasury. The weaker economy will have a more pronounced impact on the interest rate of the loan to the Treasury, because there is no offsetting effect. 18. Forecasting Interest Rates Based ...
... However, the Treasury does not have risk of default so there is no effect on the risk premium on a loan to the Treasury. The weaker economy will have a more pronounced impact on the interest rate of the loan to the Treasury, because there is no offsetting effect. 18. Forecasting Interest Rates Based ...
discrimination in the small-business credit market
... an active debate on the question of whether banks discriminate against minority applicants for mortgages. In an in uential study in that area, researchers at the Federal Reserve Bank of Boston tried to collect any information that might be deemed economically relevant to whether a loan would be app ...
... an active debate on the question of whether banks discriminate against minority applicants for mortgages. In an in uential study in that area, researchers at the Federal Reserve Bank of Boston tried to collect any information that might be deemed economically relevant to whether a loan would be app ...
pension funds and the u
... Applying a more complete economic analysis reveals why this supposed labor cost advantage of the United Kingdom did not translate into superior economic performance. If we look at the same phenomenon from a different perspective, we find that U.K. companies have also generally been more heavily equi ...
... Applying a more complete economic analysis reveals why this supposed labor cost advantage of the United Kingdom did not translate into superior economic performance. If we look at the same phenomenon from a different perspective, we find that U.K. companies have also generally been more heavily equi ...
Liquidity stress testing
... Consistency with solvency scenario • Often contain relevant parameters (e.g. bond prices) ...
... Consistency with solvency scenario • Often contain relevant parameters (e.g. bond prices) ...
Commercial Real Estate Non-Performing Loan Liquidating Trust
... Such a structure is often called a “liquidating trust” (“LT”). LT note holders are dependent primarily upon proceeds from the liquidation of mortgaged properties, as opposed to traditional cash securitizations where cash flows from the receipt of monthly borrower remittances. As of September 1, 2010 ...
... Such a structure is often called a “liquidating trust” (“LT”). LT note holders are dependent primarily upon proceeds from the liquidation of mortgaged properties, as opposed to traditional cash securitizations where cash flows from the receipt of monthly borrower remittances. As of September 1, 2010 ...
NI/Sales ROA
... Book Value of Equity per Share = $2,591/33 = $78.52 Market-to-Book = $88/$78.52 = 1.12 Sometimes called Price-to-Book Some contexts use Book-to-Market (BM), the inverse ...
... Book Value of Equity per Share = $2,591/33 = $78.52 Market-to-Book = $88/$78.52 = 1.12 Sometimes called Price-to-Book Some contexts use Book-to-Market (BM), the inverse ...
Design of Financial Securities: Empirical Evidence from Private-label RMBS Deals
... by exploiting the passage of Anti-Predatory Lending (APL) laws across several states during our sample period. These laws put stricter requirements on the lenders in terms of their lending practices and disclosure policy which, on the margin, made it more difficult for the lenders to originate poor- ...
... by exploiting the passage of Anti-Predatory Lending (APL) laws across several states during our sample period. These laws put stricter requirements on the lenders in terms of their lending practices and disclosure policy which, on the margin, made it more difficult for the lenders to originate poor- ...
Basel III Pillar 3 Regulatory Capital Disclosures
... offices in 36 countries to support customers who conduct business in the global economy. With approximately 265,000 active, full-time equivalent team members, we serve one in three households in the United States and are ranked No. 30 on Fortune’s 2015 rankings of America’s largest corporations. We ...
... offices in 36 countries to support customers who conduct business in the global economy. With approximately 265,000 active, full-time equivalent team members, we serve one in three households in the United States and are ranked No. 30 on Fortune’s 2015 rankings of America’s largest corporations. We ...
current expected credit loss (cecl) accounting
... or other fees? In other words, are balances FIFO (first in, first out) or LIFO (last in, first out)? Assuming payments apply first to the “oldest” balances (FIFO) is consistent with some credit-related processes, such as defining account delinquency – if a customer pays off any past-due amount, the ...
... or other fees? In other words, are balances FIFO (first in, first out) or LIFO (last in, first out)? Assuming payments apply first to the “oldest” balances (FIFO) is consistent with some credit-related processes, such as defining account delinquency – if a customer pays off any past-due amount, the ...
Annual Report 2014
... Copyright Bureau in the coming years. Both decisions were made by a fully united Board and can be seen as logical consequences of dramatic changes of mechanical rights administration in the Nordic and Baltic countries. Nordic cooperation It makes sense to cooperate among the Nordic societies as long ...
... Copyright Bureau in the coming years. Both decisions were made by a fully united Board and can be seen as logical consequences of dramatic changes of mechanical rights administration in the Nordic and Baltic countries. Nordic cooperation It makes sense to cooperate among the Nordic societies as long ...
Final Review – Ch 08 Acc 111 Ex. 225 Coffeldt Sign Company uses
... The December 31, 2013 balance sheet of Sauder Company had Accounts Receivable of ₤500,000 and a credit balance in Allowance for Doubtful Accounts of ₤33,000. During 2014, the following transactions occurred: sales on account ₤1,300,000; sales returns and allowances, ₤50,000; collections from custome ...
... The December 31, 2013 balance sheet of Sauder Company had Accounts Receivable of ₤500,000 and a credit balance in Allowance for Doubtful Accounts of ₤33,000. During 2014, the following transactions occurred: sales on account ₤1,300,000; sales returns and allowances, ₤50,000; collections from custome ...
Chapter 5 - Aufinance
... • If the money and capital markets are highly efficient, then interest rates will always be very near their equilibrium levels, and the optimal forecast of next period’s interest rate is the current interest rate. • Interest rates will change only if entirely new and unexpected information appears, ...
... • If the money and capital markets are highly efficient, then interest rates will always be very near their equilibrium levels, and the optimal forecast of next period’s interest rate is the current interest rate. • Interest rates will change only if entirely new and unexpected information appears, ...