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Meruelo Maddux Properties (MMPI)
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MMPI » Topics » Monitoring of Rents and Other Receivables

This excerpt taken from the MMPI 10-Q filed May 15, 2007.

Monitoring of Rents and Other Receivables

Our company maintains an allowance for estimated losses that may result from the inability of tenants to make required payments. If a tenant fails to make contractual payments beyond any allowance, the company may recognize bad debt expense in future periods equal to the amount of unpaid rent and deferred rent.

This excerpt taken from the MMPI 10-K filed Apr 2, 2007.

Monitoring of Rents and Other Receivables

The Company maintains an allowance for estimated losses that may result from the inability of tenants to make required payments. If a tenant fails to make contractual payments beyond any allowance, the Company may recognize bad debt expense in future periods equal to the amount of unpaid rent and deferred rent.

EXCERPTS ON THIS PAGE:

10-Q
May 15, 2007
10-K
Apr 2, 2007

RELATED TOPICS for MMPI:

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