Name | Value |
---|---|
Revenues | 15.1M |
Cost of Revenue | 6.5M |
Gross Profit | 8.6M |
Operating Expense | 11.7M |
Operating I/L | 24.2M |
Other Income/Expense | 2.4M |
Interest Income | 29.7M |
Pretax | 26.6M |
Income Tax Expense | -0.0M |
Net Income/Loss | 26.5M |
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 totaling 1.5 million square feet. EQC generates revenue through leasing office spaces to businesses and tenants, thereby earning rental income. 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.