Trend Analysis--Quarterly (click here for Annual Analysis)

For the definition of a financial field, click on the field name.


Funds From Operations
 2016 Q12015 Q1Y-Y
Ch (%)
2015 Q4Q-Q
Ch (%)
Funds from Operations ($000)40,07039,6721.0039,8122.59
FFO per Share ($)0.340.340.000.340.00
FAD per share0.140.19(26.32)0.1330.77
Income Statement ($000)
 2016 Q12015 Q1Y-Y
Ch (%)
2015 Q4Q-Q
Ch (%)
Rental Revenue109,628116,915(6.23)110,856(4.43)
Partnership Income24916253.701,281(322.25)
Total Revenue110,883117,296(5.47)112,306(5.07)
Rental Operating Expense42,93344,994(4.58)41,07018.14
Expenses108,787123,806(12.13)115,169(22.17)
Net Income64,5417,614747.669,7602,245.12
Rental NOI66,69571,921(7.27)69,786(17.72)
Diluted EPS after Extraordinary Items ($)0.550.07685.710.082,350.00
Dividends Declared per Common Share ($)0.18750.18750.000.18750.00
Avg Diluted Shares Out (actual)116,687,000116,531,0000.13116,760,000(0.25)
Balance Sheet ($000)
 2016 Q12015 Q1Y-Y
Ch (%)
2015 Q4Q-Q
Ch (%)
Properties at Cost: Operational3,220,5523,418,060(5.78)3,332,021(13.38)
Accumulated Depreciation330,231317,5823.98308,77227.80
Net Properties: Operational2,890,3213,100,478(6.78)3,023,249(17.59)
Land Held for Development000.0000.00
Total Real Estate Investments2,939,5733,233,075(9.08)3,084,509(18.80)
Total Assets3,627,6163,756,697(3.44)3,609,2812.03
Total Debt1,777,7951,914,071(7.12)1,778,382(0.13)
Total Liabilities1,951,6082,097,349(6.95)1,973,070(4.35)
Common Equity1,426,4611,383,7193.091,388,69910.88
Common Shares Outstanding (actual)111,713,277111,538,6890.16111,631,1530.29
Convertible Operating Partnership Units (actual)4,832,7234,833,311(0.01)4,832,847(0.01)
Same Store Operations
 2016 Q12015 Q1Y-Y
Ch (bp)
2015 Q4Q-Q
Ch (bp)
Same-store NOI: Change from Prior (%)0.602.70(210)5.00(440)
EBITDA
 2016 Q12015 Q1Y-Y
Ch (bp)
2015 Q4Q-Q
Ch (bp)
Recurring EBITDA/ Interest Expense (x)3.593.26333.563
Recurring EBITDA/ Interest & Preferred Dividends (x)3.593.26333.563
Income Statement Ratios
 2016 Q12015 Q1Y-Y
Ch (bp)
2015 Q4Q-Q
Ch (bp)
Dividend Payout to FFO (%)55.1555.15055.150
G&A/ Revenue (%)6.317.57(17)5.8333
   Q-Q Ch(%)= most recent quarter minus prior quarter annualized e.g. [(Q4-Q3)/Q3]*4

  * Percentages presented for individual quarters are annualized by taking the quarter amount and multiplying by four.