The
Funds from operations is a closely watched measure in the REIT industry. It takes net income and adds back items such as depreciation and amortization.
The company said it had net income of
The real estate investment trust posted revenue of
For the year, the company reported funds from operations of
The company's shares have increased 4% since the beginning of the year. The stock has dropped 2% in the last 12 months.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from
For copyright information, check with the distributor of this item, STATS Perform dba Automated Insights.
, source