0000000000-18-028334.txt : 20181018
0000000000-18-028334.hdr.sgml : 20181018
20180912113217
ACCESSION NUMBER: 0000000000-18-028334
CONFORMED SUBMISSION TYPE: UPLOAD
PUBLIC DOCUMENT COUNT: 2
FILED AS OF DATE: 20180912
FILED FOR:
COMPANY DATA:
COMPANY CONFORMED NAME: CAMDEN PROPERTY TRUST
CENTRAL INDEX KEY: 0000906345
STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798]
IRS NUMBER: 766088377
STATE OF INCORPORATION: TX
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: UPLOAD
BUSINESS ADDRESS:
STREET 1: 11 GREENWAY PLAZA
STREET 2: SUITE 2400
CITY: HOUSTON
STATE: TX
ZIP: 77046
BUSINESS PHONE: 7133542500
MAIL ADDRESS:
STREET 1: 11 GREENWAY PLAZA
STREET 2: SUITE 2400
CITY: HOUSTON
STATE: TX
ZIP: 77046
PUBLIC REFERENCE ACCESSION NUMBER: 0000906345-18-000007
LETTER
1
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TEXT-EXTRACT
2
filename2.txt
Mail Stop 3233
September 12, 2018
Via E-mail
Mr. Alexander J. Jessett
Chief Financial Officer
Camden Property Trust
11 Greenway Plaza, Suite 2400
Houston, TX 77046
Re: Camden Property Trust
Form 10-K for the Fiscal Year Ended December 31, 2017
Filed February 16, 2018
Form 8-K filed August 2, 2018
File No. 1-12110
Dear Mr. Jessett:
We have limited our review of your filing to the financial statements
and related
disclosures and have the following comments. In some of our comments, we may
ask you to
provide us with information so we may better understand your disclosure.
Please respond to these comments within ten business days by providing
the requested
information or advise us as soon as possible when you will respond. If you do
not believe our
comments apply to your facts and circumstances, please tell us why in your
response.
After reviewing your response to these comments, we may have additional
comments.
Form 10-K for the year ended December 31, 2017
Financial Statements
Notes to Consolidated Financial Statements
2. Summary of Significant Accounting Policies and Recent Accounting
Pronouncements
Income Recognition, page F-12
1. We note your disclosure that your rental revenue is recorded when due
from residents and
is recognized monthly as it is earned. To the extent you have non-level
rents, please tell
Alexander J. Jessett
Camden Property Trust
September 12, 2018
Page 2
us and revise future filings to clarify if you record rental revenue on
a straight-line basis.
Please refer to ASC 840-20-25.
Form 8-K filed August 2, 2018
Exhibit 99.1
2. We note your presentation of FFO per share and AFFO per share for the
three and six
months ended June 30, 2018 and 2017. In future earnings releases, please
reconcile these
non-GAAP per share measures to GAAP earnings per share. Please refer to
Question
102.05 of the updated Compliance and Disclosure Interpretations issued
on May 17,
2016.
We remind you that the company and its management are responsible for
the accuracy
and adequacy of their disclosures, notwithstanding any review, comments, action
or absence of
action by the staff.
You may contact William Demarest, Accountant at 202-551-3432 or me at
202-551-3295
with any questions.
Sincerely,
/s/ Jennifer
Monick
Jennifer Monick
Assistant Chief
Accountant
Office of Real
Estate
& Commodities
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