Financial Highlights
Email pagePDF viewPrint viewEmail AlertRSS FeedsTearsheet

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 ($000)61,48855,21311.3758,09123.39
FFO per Share ($)0.840.7610.530.7925.32
AFFO per Share0.550.550.000.63(50.79)
Income Statement ($000)
 2016 Q42015 Q4Y-Y
Ch (%)
2016 Q3Q-Q
Ch (%)
Rental Revenue103,07098,3604.7999,79013.15
Partnership Income(845)34,892NM12,896NM
Total Revenue111,817140,639(20.49)120,969(30.26)
Rental Operating Expense35,35333,1606.6133,44622.81
Expenses59,47658,0002.5458,2968.10
Net Income19,70889,068(77.87)18,85818.03
Rental NOI67,71765,2003.8666,3448.28
Diluted EPS before Extraordinary Items ($)0.271.22(77.87)0.2615.38
Diluted EPS after Extraordinary Items ($)0.271.22(77.87)0.2615.38
Dividends Declared per Common Share ($)0.45750.45001.670.45750.00
Avg Diluted Shares Out (actual)73,205,00072,963,0000.3373,174,9340.16
Balance Sheet ($000)
 2016 Q42015 Q4Y-Y
Ch (%)
2016 Q3Q-Q
Ch (%)
Properties at Cost: Operational000.0000.00
Accumulated Depreciation000.0000.00
Net Properties: Operational000.0000.00
Land Held for Development000.0000.00
Total Real Estate Investments5,443,4265,377,7381.225,402,6043.02
Total Assets5,486,5095,417,7841.275,447,3712.87
Total Debt2,001,2911,944,1582.941,958,3758.77
Total Liabilities2,146,9492,089,4042.752,105,4257.89
Common Equity3,339,5603,328,3800.343,341,946(0.29)
Common Shares Outstanding (actual)73,233,85172,984,0770.3473,192,4160.23
Convertible Operating Partnership Units (actual)000.0000.00
Same Store Operations
 2016 Q42015 Q4Y-Y
Ch (bp)
2016 Q3Q-Q
Ch (bp)
Same-store NOI: Change from Prior (%)0.300.60(30)(1.00)130
EBITDA
 2016 Q42015 Q4Y-Y
Ch (bp)
2016 Q3Q-Q
Ch (bp)
Recurring EBITDA/ Interest Expense (x)2.015.39(338)1.992
Recurring EBITDA/ Interest & Preferred Dividends (x)2.015.39(338)1.992
Income Statement Ratios
 2016 Q42015 Q4Y-Y
Ch (bp)
2016 Q3Q-Q
Ch (bp)
Dividend Payout to FFO (%)54.4659.21(8)57.91(24)
G&A/ Revenue (%)4.023.34203.6837
Profitability Ratios
 2016 Q42015 Q4Y-Y
Ch (bp)
2016 Q3Q-Q
Ch (bp)
Return on Average Assets (%)1.446.62(518)1.386
Return on Average Equity (%)2.3610.81(845)2.2511
   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