Weighed-average discount rate for operating and finance leases as of the balance sheet date 11. The easiest way to measure the weight of average lease expiry is to calculate your tenancy terms remaining value and divide this figure by the sum of the occupied area annual net rent and the vacant area potential annual net rent. The weighted average is calculated as the sum of all of the values multiplied by their weights divided by the sum of all of the weights.
A WAULT is simply the product of currently contracted rental income between now and the time the leases expire for any given tenant summed across tenants and then divided by the total annual income of the property or portfolio being studied.
Lease Term for any Aircraft means the number of months remaining until the earliest date on which such Lease terminates pursuant to its terms. Lets Look at an Example. 01 x 5 07 x 6 02 x 3 53 years. Weighted Average Lease Term means the weighted average based on each Aircrafts most recent Appraised Value of the Lease Terms of all Portfolio Aircraft.