Ault Alliance Says It Has Ended Marketing Process For Its Four Hotels Owned And Operated By Wholly Owned Subsidiary, Ault Global Real Estate Equities
Ault Alliance Says It Has Ended Marketing Process For Its Four Hotels Owned And Operated By Wholly Owned Subsidiary, Ault Global Real Estate Equities
As a result, it was determined that the Ault Global Real Estate Equities assets and liabilities previously presented as assets and liabilities held for sale within the Company's balance sheet will no longer meet the held for sale criteria. Assets of $91.0 million and liabilities of $70.4 million as of December 31, 2023 were reported as assets and liabilities held for sale. In future periods, assets and liabilities of AGREE will be reclassified to assets and liabilities held and used and amounts previously presented in discontinued operations will be reclassified into continuing operations for all periods presented.
結果，確定先前在公司資產負債表中作爲待售資產和負債列報的Ault Global Real Estate Estite資產和負債將不再符合待售標準。截至2023年12月31日，9,100萬美元的資產和7,040萬美元的負債被列爲待售資產和負債。在未來時期，AGREE的資產和負債將重新歸類爲持有和使用的資產和負債，先前在已終止業務中列報的金額將重新歸類爲所有列報期間的持續業務。