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

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


Funds From Operations
 2016 Q22015 Q2Y-Y
Ch (%)
2016 Q1Q-Q
Ch (%)
Funds from Operations ($000)33,64537,923(11.28)40,070(64.14)
FFO per Share ($)0.290.33(12.12)0.34(58.82)
FAD per shareNA0.17NA0.14NA
Income Statement ($000)
 2016 Q22015 Q2Y-Y
Ch (%)
2016 Q1Q-Q
Ch (%)
Rental Revenue106,249114,252(7.00)109,628(12.33)
Partnership Income270422(36.02)24933.73
Total Revenue106,781125,068(14.62)110,883(14.80)
Rental Operating Expense41,27243,580(5.30)42,933(15.48)
Expenses107,503135,463(20.64)108,787(4.72)
Net Income(1,072)34,525NM64,541NM
Rental NOI64,97770,672(8.06)66,695(10.30)
Diluted EPS after Extraordinary Items ($)(0.02)0.13NM0.55NM
Dividends Declared per Common Share ($)0.18750.18750.000.18750.00
Avg Diluted Shares Out (actual)111,725,000116,666,000(4.24)116,687,000(17.01)
Balance Sheet ($000)
 2016 Q22015 Q2Y-Y
Ch (%)
2016 Q1Q-Q
Ch (%)
Properties at Cost: Operational3,220,2623,316,873(2.91)3,220,552(0.04)
Accumulated Depreciation347,778316,5129.88330,23121.25
Net Properties: Operational2,872,4843,000,361(4.26)2,890,321(2.47)
Land Held for Development000.0000.00
Total Real Estate Investments2,942,6583,104,329(5.21)2,939,5730.42
Total Assets3,448,0553,626,735(4.93)3,627,616(19.80)
Total Debt1,612,9841,801,806(10.48)1,777,795(37.08)
Total Liabilities1,794,4341,990,494(9.85)1,951,608(32.21)
Common Equity1,403,9851,381,6291.621,426,461(6.30)
Common Shares Outstanding (actual)111,734,698111,558,0760.16111,713,2770.08
Convertible Operating Partnership Units (actual)4,827,7184,832,924(0.11)4,832,723(0.41)
Same Store Operations
 2016 Q22015 Q2Y-Y
Ch (bp)
2016 Q1Q-Q
Ch (bp)
Same-store NOI: Change from Prior (%)0.90(4.40)5300.6030
EBITDA
 2016 Q22015 Q2Y-Y
Ch (bp)
2016 Q1Q-Q
Ch (bp)
Recurring EBITDA/ Interest Expense (x)3.793.59203.5920
Recurring EBITDA/ Interest & Preferred Dividends (x)3.793.59203.5920
Income Statement Ratios
 2016 Q22015 Q2Y-Y
Ch (bp)
2016 Q1Q-Q
Ch (bp)
Dividend Payout to FFO (%)64.6656.821455.1569
G&A/ Revenue (%)5.196.19(16)6.31(71)
   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.