Financial Highlights

Email pagePDF viewPrint viewEmail Alert
Entire IR Site Press Releases Only Filings Only
Trend Analysis--Quarterly
Annual Analysis

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


Funds from Operations
 2018 Q42017 Q4 Y-Y
Ch (%)
2018 Q3 Q-Q
Ch (%)
Funds from Operations ($000)322,426313,7952.75302,85325.85
FFO per Share ($)0.840.822.440.7925.32
AFFO per ShareNANANANANA
Income Statement ($000)
 2018 Q42017 Q4 Y-Y
Ch (%)
2018 Q3 Q-Q
Ch (%)
Rental Revenue652,553630,5193.49652,677(0.08)
Partnership Income(674)(1,222)(44.84)(985)(126.29)
Total Revenue652,752629,9103.63655,544(1.70)
Rental Operating Expense195,878180,8138.33197,929(4.14)
Expenses530,221515,3562.88546,090(11.62)
Net Income122,388130,084(5.92)223,846(181.30)
Rental NOI456,675449,7061.55454,7481.70
Diluted EPS before Extraordinary Items ($)0.310.34(8.82)0.58(186.21)
Diluted EPS after Extraordinary Items ($)0.310.34(8.82)0.58(186.21)
Dividends Declared per Common Share ($)0.54000.50387.200.54000.00
Avg Diluted Shares Out (actual)384,296,073383,105,3150.31383,883,5870.43
Balance Sheet ($000)
 2018 Q42017 Q4 Y-Y
Ch (%)
2018 Q3 Q-Q
Ch (%)
Properties at Cost: Operational26,311,70425,764,3862.1226,203,2041.66
Accumulated Depreciation6,696,2816,040,37810.866,494,77012.41
Net Properties: Operational19,615,42319,724,008(0.55)19,708,434(1.89)
Land Held for Development61,03862,538(2.40)61,0380.00
Total Real Estate Investments19,873,09020,044,772(0.86)19,988,306(2.31)
Total Assets20,394,20920,570,599(0.86)20,542,150(2.88)
Total Debt8,817,9398,957,291(1.56)8,823,793(0.27)
Total Liabilities9,615,4549,729,781(1.18)9,693,820(3.23)
Common Equity10,135,92410,205,184(0.68)10,198,144(2.44)
Common Shares Outstanding (actual)369,405,161368,018,0820.38368,409,5861.08
Convertible Operating Partnership Units (actual)13,904,03513,768,4380.9814,023,002(3.39)
Same Store Operations
 2018 Q42017 Q4 Y-Y
Ch (bp)
2018 Q3 Q-Q
Ch (bp)
Same-store NOI: Change from Prior (%)1.902.10(20)1.7020
EBITDA
 2018 Q42017 Q4 Y-Y
Ch (bp)
2018 Q3 Q-Q
Ch (bp)
Recurring EBITDA/ Interest Expense (x)4.474.26204.3116
Recurring EBITDA/ Interest & Preferred Dividends (x)4.434.23204.2716
Income Statement Ratios
 2018 Q42017 Q4 Y-Y
Ch (bp)
2018 Q3 Q-Q
Ch (bp)
Dividend Payout to FFO (%)64.2961.43568.35(24)
G&A/ Revenue (%)5.475.1865.3211
Profitability Ratios
 2018 Q42017 Q4 Y-Y
Ch (bp)
2018 Q3 Q-Q
Ch (bp)
Return on Average Assets (%)2.392.52(13)4.37(198)
Return on Average Equity (%)4.694.96(27)8.57(387)
   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.