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These excerpts taken from the IRETS 10-K filed Jul 14, 2008. OPERATING
SEGMENTS
IRET
reports its results in five reportable segments: multi-family residential
properties, and commercial office, medical (including senior housing),
industrial and retail properties. Our reportable segments are
aggregations of similar properties. The accounting policies of each
of these segments are the same as those described in Note 2. We disclose segment
information in accordance with SFAS 131, Disclosures about Segments of an
Enterprise and Related Disclosures (“SFAS 131”). SFAS 131
requires that segment disclosures present the measure(s) used by the chief
operating decision maker for purposes of assessing segment
performance.
2008 Annual Report
F-19
OPERATING SEGMENTS IRET reports its results in five reportable segments: multi-family residential properties, and commercial office, medical (including senior housing), industrial and retail properties. Our reportable segments are aggregations of similar properties. The accounting policies of each of these segments are the same as those described in Note 2. We disclose segment information in accordance with SFAS 131, Disclosures about Segments of an Enterprise and Related Disclosures (“SFAS 131”). SFAS 131 requires that segment disclosures present the measure(s) used by the chief operating decision maker for purposes of assessing segment performance. 2008 Annual Report F-19 | EXCERPTS ON THIS PAGE:
RELATED TOPICS for IRETS: |
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