Mobile IR SiteSocial media sharingEmail pagePDF viewPrint viewRSS FeedsEmail AlertTear sheet

For the definition of a financial field, click on the field name. For definition of FFO and EBITDA refer to the Non-GAAP Financial Measure section under Selected Financial Data.

All references to earnings per share are diluted earnings per share.
Trend Analysis--Quarterly (click here for Annual Analysis)

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


Funds From Operations
 2020 Q22019 Q2Y-Y
Ch (%)
2020 Q1Q-Q
Ch (%)
Funds from Operations ($000)12,00129,806(59.74)29,267(235.98)
FFO per Share ($)0.310.75(58.67)0.74(232.43)
AFFO per ShareNANANANANA
Income Statement ($000)
 2020 Q22019 Q2Y-Y
Ch (%)
2020 Q1Q-Q
Ch (%)
Rental Revenue38,01738,277(0.68)38,035(0.19)
Partnership Income0128NM231NM
Total Revenue28,48146,394(38.61)46,641(155.74)
Rental Operating Expense4,1113,9105.144,223(10.61)
Expenses26,09826,360(0.99)26,773(10.08)
Net Income1,95220,534(90.49)63,722(387.75)
Rental NOI33,90634,367(1.34)33,8121.11
Diluted EPS before Extraordinary Items ($)0.050.51(90.20)1.60(387.50)
Diluted EPS after Extraordinary Items ($)0.050.51(90.20)1.60(387.50)
Dividends Declared per Common Share ($)0.57000.57000.000.57000.00
Avg Diluted Shares Out (actual)39,137,00039,769,000(1.59)39,541,000(4.09)
Balance Sheet ($000)
 2020 Q22019 Q2Y-Y
Ch (%)
2020 Q1Q-Q
Ch (%)
Properties at Cost: Operational1,435,5281,440,149(0.32)1,431,4931.13
Accumulated Depreciation330,098332,364(0.68)320,33212.19
Net Properties: Operational1,105,4301,107,785(0.21)1,111,161(2.06)
Land Held for Development000.0000.00
Total Real Estate Investments1,388,7781,419,476(2.16)1,409,071(5.76)
Total Assets1,510,1721,499,4800.711,524,785(3.83)
Total Debt689,465677,2311.81689,4270.02
Total Liabilities722,867711,8701.54718,7302.30
Common Equity778,894779,171(0.04)797,629(9.40)
Common Shares Outstanding (actual)39,242,73239,747,191(1.27)39,217,8480.25
Convertible Operating Partnership Units (actual)000.0000.00
Same Store Operations
 2020 Q22019 Q2Y-Y
Ch (bp)
2020 Q1Q-Q
Ch (bp)
Same-store NOI: Change from Prior (%)NANANANANA
EBITDA
 2020 Q22019 Q2Y-Y
Ch (bp)
2020 Q1Q-Q
Ch (bp)
Recurring EBITDA/ Interest Expense (x)4.974.8894.8313
Recurring EBITDA/ Interest & Preferred Dividends (x)4.974.8894.8313
Income Statement Ratios
 2020 Q22019 Q2Y-Y
Ch (bp)
2020 Q1Q-Q
Ch (bp)
Dividend Payout to FFO (%)183.8776.0014277.03555
G&A/ Revenue (%)16.089.916210.93188
Profitability Ratios
 2020 Q22019 Q2Y-Y
Ch (bp)
2020 Q1Q-Q
Ch (bp)
Return on Average Assets (%)0.515.48(497)16.77(1,626)
Return on Average Equity (%)0.9810.42(944)32.03(3,105)
   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.