Financial Highlights

Mobile Investor SiteTear sheetEmail pagePDF viewPrint viewRSS News FeedsEmail Alert
Trend Analysis--Quarterly (click here for Annual Analysis)

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


Funds From Operations
 2014 Q22013 Q2Y-Y
Ch (%)
2014 Q1Q-Q
Ch (%)
Funds from Operations ($000)102,11496,4285.9095,03829.78
FFO per Share ($)0.390.375.410.3633.33
AFFO per Share0.340.319.680.3312.12
Income Statement ($000)
 2014 Q22013 Q2Y-Y
Ch (%)
2014 Q1Q-Q
Ch (%)
Rental Revenue200,959188,6136.55194,35213.60
Partnership Income(428)515NM(3,565)(351.98)
Total Revenue204,512193,6135.63195,88917.61
Rental Operating Expense68,24566,9541.9369,422(6.78)
Expenses202,343190,9425.97204,413(4.05)
Net Income31,0865,354480.6119,012254.03
Rental NOI132,714121,6599.09124,93024.92
Diluted EPS before Extraordinary Items ($)0.120.02500.000.07285.71
Diluted EPS after Extraordinary Items ($)0.120.02500.000.07285.71
Dividends Declared per Common Share ($)0.26000.235010.640.26000.00
Avg Diluted Shares Out (actual)252,191,000251,406,0000.31251,822,0000.59
Balance Sheet ($000)
 2014 Q22013 Q2Y-Y
Ch (%)
2014 Q1Q-Q
Ch (%)
Properties at Cost: Operational7,957,1857,582,9814.938,075,799(5.88)
Accumulated Depreciation2,290,0082,070,40310.612,273,3602.93
Net Properties: Operational5,667,1775,512,5782.805,802,439(9.32)
Land Held for Development47,038112,091(58.04)47,0380.00
Total Real Estate Investments6,654,4656,545,0741.676,637,6871.01
Total Assets6,932,4056,743,5432.806,834,0235.76
Total Debt3,747,7943,394,72310.403,628,24613.18
Total Liabilities3,982,4213,638,5959.453,851,44613.60
Common Equity2,635,9622,819,801(6.52)2,694,438(8.68)
Common Shares Outstanding (actual)251,492,420250,742,3250.30251,430,7080.10
Convertible Operating Partnership Units (actual)7,559,8617,571,702(0.16)7,567,252(0.39)
Same Store Operations
 2014 Q22013 Q2Y-Y
Ch (bp)
2014 Q1Q-Q
Ch (bp)
Same-store NOI: Change from Prior (%)5.506.80(130)5.60(10)
EBITDA
 2014 Q22013 Q2Y-Y
Ch (bp)
2014 Q1Q-Q
Ch (bp)
Recurring EBITDA/ Interest Expense (x)3.933.82113.4845
Recurring EBITDA/ Interest & Preferred Dividends (x)3.823.71113.3944
Income Statement Ratios
 2014 Q22013 Q2Y-Y
Ch (bp)
2014 Q1Q-Q
Ch (bp)
Dividend Payout to FFO (%)66.6763.51572.22(31)
G&A/ Revenue (%)6.135.10206.074
Profitability Ratios
 2014 Q22013 Q2Y-Y
Ch (bp)
2014 Q1Q-Q
Ch (bp)
Return on Average Assets (%)1.810.311491.1169
Return on Average Equity (%)4.580.743852.74185
   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.



Copyright 2014, © SNL Financial LC  Terms of Use