Financial Highlights

Email pagePDF viewEmail AlertPrint view
Email pagePDF viewEmail AlertPrint view
Trend Analysis--Quarterly (click here for Annual Analysis)

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


Funds From Operations
 2016 Q42015 Q4Y-Y
Ch (%)
2016 Q3Q-Q
Ch (%)
Funds from Operations ($000)138,487118,45416.91135,9337.52
FFO per Share ($)0.470.4114.630.468.70
AFFO per Share0.400.378.110.41(9.76)
Income Statement ($000)
 2016 Q42015 Q4Y-Y
Ch (%)
2016 Q3Q-Q
Ch (%)
Rental Revenue240,081234,3522.44240,255(0.29)
Partnership Income(440)680NM4,838NM
Total Revenue245,485238,6922.85246,839(2.19)
Rental Operating Expense71,17071,589(0.59)71,535(2.04)
Expenses223,217235,960(5.40)227,726(7.92)
Net Income259,746177,16346.6129,4663,126.04
Rental NOI168,911162,7633.78168,7200.45
Diluted EPS before Extraordinary Items ($)0.880.6144.260.103,120.00
Diluted EPS after Extraordinary Items ($)0.880.6144.260.103,120.00
Dividends Declared per Common Share ($)0.29500.27756.310.29500.00
Avg Diluted Shares Out (actual)271,551,437266,107,9002.05268,305,0484.84
Balance Sheet ($000)
 2016 Q42015 Q4Y-Y
Ch (%)
2016 Q3Q-Q
Ch (%)
Properties at Cost: Operational9,271,8479,053,5992.418,984,36912.80
Accumulated Depreciation2,923,0722,646,04410.472,849,90210.27
Net Properties: Operational6,348,7756,407,555(0.92)6,134,46713.97
Land Held for Development111,02878,08542.19111,0280.00
Total Real Estate Investments7,538,9437,499,0020.537,417,9986.52
Total Assets7,679,5847,663,8440.217,651,1691.49
Total Debt3,401,4783,570,795(4.74)3,544,390(16.13)
Total Liabilities3,673,1323,816,797(3.76)3,824,415(15.82)
Common Equity3,046,6522,853,2976.782,876,44823.67
Common Shares Outstanding (actual)267,259,469261,844,5212.07267,222,1860.06
Convertible Operating Partnership Units (actual)24,930,98025,191,272(1.03)25,027,942(1.55)
Same Store Operations
 2016 Q42015 Q4Y-Y
Ch (bp)
2016 Q3Q-Q
Ch (bp)
Same-store NOI: Change from Prior (%)5.306.60(130)6.40(110)
EBITDA
 2016 Q42015 Q4Y-Y
Ch (bp)
2016 Q3Q-Q
Ch (bp)
Recurring EBITDA/ Interest Expense (x)5.224.32905.23(1)
Recurring EBITDA/ Interest & Preferred Dividends (x)5.064.20855.08(2)
Income Statement Ratios
 2016 Q42015 Q4Y-Y
Ch (bp)
2016 Q3Q-Q
Ch (bp)
Dividend Payout to FFO (%)62.7767.68(7)64.13(9)
G&A/ Revenue (%)7.679.34(18)7.642
Profitability Ratios
 2016 Q42015 Q4Y-Y
Ch (bp)
2016 Q3Q-Q
Ch (bp)
Return on Average Assets (%)13.559.723841.541,201
Return on Average Equity (%)34.5024.549964.013,049
   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 2017, © S&P Global Market Intelligence  Terms of Use