Name | Value |
---|---|
Revenues | 15.2M |
Cost of Revenue | 6.7M |
Gross Profit | 8.5M |
Operating Expense | 7.1M |
Operating I/L | 24.1M |
Other Income/Expense | 24.8M |
Interest Income | 29.3M |
Pretax | 26.3M |
Income Tax Expense | -0.0M |
Net Income/Loss | 26.1M |
Equity Commonwealth (NYSE: EQC) is a real estate investment trust (REIT) specializing in commercial office properties across the United States. The company's same property portfolio consists of 4 properties and 1.5 million square feet. EQC generates revenue through leasing office spaces to tenants, providing a steady income stream from rental payments. As an internally managed and self-advised REIT, EQC focuses on maximizing the value of its real estate assets and delivering consistent returns to its shareholders through strategic property management and leasing activities.