Real Estate |
205,186 |
204,102 |
188,820 |
181,578 |
179,612 |
160,175 |
150,123 |
136,153 |
135,618 |
135,532 |
135,376 |
134,520 |
134,079 |
133,499 |
126,385 |
126,242 |
126,558 |
109,041 |
108,687 |
108,247 |
95,962 |
94,224 |
70,357 |
61,335 |
60,900 |
47,916 |
24,216 |
Real Estate (Less Accumulated Depreciation) |
182,100 |
182,014 |
168,014 |
161,594 |
160,844 |
142,460 |
133,514 |
120,156 |
120,567 |
121,520 |
122,406 |
122,586 |
123,185 |
123,712 |
117,631 |
118,494 |
119,741 |
103,100 |
103,292 |
103,588 |
92,292 |
91,488 |
68,398 |
59,967 |
60,088 |
47,586 |
24,095 |
Secured Debt |
126,152 |
127,122 |
119,042 |
114,585 |
115,463 |
98,976 |
94,391 |
86,062 |
85,813 |
86,483 |
87,143 |
87,717 |
88,319 |
88,905 |
85,740 |
75,740 |
86,291 |
86,830 |
74,948 |
75,425 |
75,868 |
68,330 |
68,720 |
52,675 |
46,263 |
46,538 |
35,168 |
17,368 |
Total Debt |
126,152 |
127,122 |
119,042 |
114,585 |
115,463 |
98,976 |
94,931 |
86,062 |
85,813 |
86,483 |
87,143 |
87,717 |
88,319 |
88,905 |
85,740 |
85,750 |
86,291 |
86,860 |
74,948 |
75,425 |
75,868 |
68,341 |
68,720 |
52,675 |
46,263 |
46,538 |
35,168 |
17,368 |
Total Liabilities |
135,390 |
136,073 |
128,853 |
124,861 |
125,276 |
108,703 |
103,322 |
94,960 |
94,724 |
96,939 |
98,809 |
99,496 |
98,937 |
98,404 |
94,216 |
94,998 |
97,291 |
84,212 |
84,435 |
85,290 |
76,226 |
76,609 |
58,200 |
51,589 |
52,072 |
40,322 |
19,530 |
Equity (Attributable to Common Shares) |
55,461 |
55,838 |
53,855 |
52,742 |
52,414 |
50,895 |
34,599 |
33,604 |
33,720 |
32,557 |
32,246 |
32,096 |
32,584 |
33,717 |
34,560 |
34,851 |
35,281 |
35,806 |
36,390 |
36,949 |
33,550 |
23,678 |
24,249 |
24,650 |
24,751 |
9,761 |
10,938 |
Equity (Attributable to Partnership Units) |
20,739 |
21,265 |
20,699 |
20,548 |
20,751 |
17,292 |
17,686 |
16,164 |
16,551 |
16,219 |
16,342 |
16,589 |
17,201 |
18,207 |
16,897 |
17,354 |
17,878 |
18,444 |
19,045 |
19,639 |
17,124 |
16,937 |
17,592 |
18,115 |
18,372 |
18,844 |
8,756 |
Total Equity |
76,200 |
77,103 |
74,554 |
73,290 |
73,166 |
68,187 |
52,285 |
49,768 |
50,271 |
48,776 |
48,588 |
48,685 |
49,785 |
51,924 |
51,457 |
52,205 |
53,159 |
54,250 |
55,435 |
56,588 |
50,674 |
40,615 |
41,841 |
42,765 |
43,123 |
28,605 |
19,694 |
Total Assets |
211,590 |
213,176 |
203,407 |
198,151 |
198,441 |
176,891 |
155,607 |
144,727 |
144,995 |
145,714 |
147,397 |
148,181 |
148,722 |
150,328 |
145,673 |
147,203 |
150,450 |
138,462 |
139,870 |
141,878 |
126,900 |
117,224 |
100,041 |
94,354 |
95,195 |
68,927 |
39,225 |
Rental Revenue |
6,282 |
25,874 |
16,767 |
10,934 |
5,529 |
20,784 |
15,548 |
10,290 |
5,181 |
20,970 |
15,865 |
10,657 |
5,264 |
19,332 |
14,269 |
9,294 |
4,397 |
18,213 |
13,176 |
8,472 |
4,163 |
10,040 |
6,972 |
4,432 |
2,011 |
1,560 |
736 |
Interest Expense |
1,163 |
4,390 |
3,197 |
2,098 |
1,018 |
3,552 |
2,602 |
1,715 |
857 |
3,682 |
2,783 |
1,894 |
985 |
3,798 |
2,797 |
1,819 |
853 |
3,259 |
2,400 |
1,543 |
746 |
2,122 |
1,474 |
936 |
441 |
425 |
180 |
Total Revenue |
6,403 |
25,874 |
16,728 |
10,987 |
5,805 |
32,008 |
15,557 |
10,686 |
5,192 |
21,033 |
15,917 |
10,695 |
5,288 |
19,433 |
14,342 |
9,339 |
4,424 |
18,331 |
13,265 |
8,533 |
4,166 |
10,061 |
6,989 |
4,443 |
2,015 |
1,567 |
736 |
Net Income |
665 |
5,200 |
1,599 |
891 |
901 |
2,839 |
2,737 |
1,103 |
381 |
1,249 |
906 |
548 |
82 |
(891) |
(934) |
(783) |
(448) |
(2,630) |
(2,038) |
(1,464) |
(680) |
(2,525) |
(1,757) |
(1,288) |
(1,370) |
(3,173) |
(1,098) |
Net Income (Attributable to Common Shares) |
454 |
3,534 |
1,086 |
605 |
614 |
1,849 |
1,753 |
708 |
244 |
792 |
573 |
346 |
52 |
(568) |
(597) |
(499) |
(285) |
(1,650) |
(1,273) |
(909) |
(411) |
(1,409) |
(973) |
(704) |
(721) |
(1,916) |
(780) |
Net Income (Attributable to Partnership Units) |
211 |
1,666 |
513 |
286 |
287 |
990 |
984 |
396 |
137 |
457 |
333 |
202 |
30 |
(323) |
(337) |
(284) |
(163) |
(980) |
(765) |
(555) |
(269) |
(1,116) |
(784) |
(584) |
(649) |
(1,257) |
(318) |
FFO |
2,615 |
12,349 |
6,899 |
4,421 |
2,672 |
8,442 |
6,654 |
4,415 |
2,028 |
8,498 |
6,505 |
4,491 |
2,044 |
6,738 |
4,783 |
3,116 |
1,434 |
7,124 |
4,920 |
3,134 |
1,552 |
3,357 |
2,217 |
1,224 |
(201) |
(1,941) |
(753) |
Modified FFO |
2,615 |
12,349 |
2,470 |
4,421 |
2,672 |
8,442 |
6,654 |
4,415 |
2,028 |
8,498 |
6,505 |
4,491 |
2,044 |
6,738 |
4,783 |
3,116 |
1,434 |
7,124 |
4,920 |
3,134 |
1,552 |
4,035 |
2,896 |
1,901 |
477 |
351 |
255 |
Total Expenses |
5,738 |
18,859 |
15,129 |
10,096 |
4,905 |
19,069 |
13,908 |
9,207 |
4,810 |
19,784 |
15,011 |
10,148 |
5,205 |
20,325 |
15,277 |
10,123 |
4,871 |
20,960 |
15,302 |
9,997 |
4,846 |
12,585 |
8,746 |
5,730 |
3,385 |
4,739 |
1,834 |
FFO Payout (%) |
66.28% |
52.92% |
70.87% |
73.39% |
60.51% |
62.93% |
56.33% |
56.15% |
60.89% |
57.01% |
55.67% |
53.56% |
58.64% |
66.83% |
70.03% |
71.41% |
77.33% |
57.21% |
61.41% |
62.98% |
60.17% |
88.61% |
100.35% |
120.86% |
(366.75)% |
(45.14)% |
(61.84)% |
FFO/Total Revenue (%) |
40.84% |
47.73% |
41.10% |
40.43% |
51.58% |
40.61% |
42.79% |
42.89% |
39.14% |
40.41% |
41.00% |
42.14% |
38.83% |
34.75% |
33.52% |
33.53% |
32.61% |
38.86% |
37.09% |
36.73% |
37.27% |
31.72% |
31.72% |
27.54% |
(9.97)% |
(123.91)% |
(102.37)% |
Total Debt/Gross Real Estate (%) |
61.48% |
62.28% |
63.05% |
63.11% |
64.28% |
61.79% |
63.24% |
63.21% |
63.28% |
63.81% |
64.37% |
65.21% |
65.87% |
66.60% |
67.84% |
68.35% |
68.63% |
68.73% |
69.40% |
70.09% |
71.22% |
72.93% |
74.87% |
75.43% |
76.42% |
73.40% |
71.72% |
FFO/Share |
$0.25 |
$1.20 |
$0.67 |
$0.43 |
$0.26 |
$0.99 |
$0.81 |
$0.54 |
$0.25 |
$1.06 |
$0.81 |
$0.56 |
$0.26 |
$0.88 |
$0.63 |
$0.41 |
$0.19 |
$1.01 |
$0.71 |
$0.47 |
$0.26 |
$0.63 |
$0.42 |
$0.24 |
$ (0.04) |
$ (1.02) |
$ (0.51) |
Modified FFO per Share |
$0.25 |
$1.20 |
$0.67 |
$0.43 |
$0.26 |
$0.99 |
$0.81 |
$0.54 |
$0.25 |
$1.06 |
$0.81 |
$0.56 |
$0.26 |
$0.88 |
$0.63 |
$0.41 |
$0.19 |
$1.01 |
$0.71 |
$0.47 |
$0.26 |
$0.76 |
$0.55 |
$0.37 |
$ 0.10 |
$ 0.18 |
$ 0.17 |
Dividends Declared per Share |
$0.16500 |
$0.15812 |
- |
- |
$0.158125 |
$0.158125 |
$0.15125 |
$0.15125 |
$0.15125 |
$0.60375 |
$0.45270 |
$0.30180 |
$0.15090 |
$0.58938 |
$0.44203 |
$0.14730 |
$0.14734 |
$0.56375 |
$0.422811 |
$0.281874 |
$0.140937 |
$0.55 |
$0.4125 |
$0.2750 |
$ 0.1375 |
$ 0.3375 |
$ 0.2250 |
Debt Due this Fiscal Year |
1,392 |
- |
944 |
1,820 |
2,739 |
- |
12,071 |
12,680 |
16,646 |
0 |
754 |
1,355 |
1,884 |
- |
590 |
590 |
1,173 |
1,745 |
- |
505 |
983 |
1,338 |
- |
354 |
602 |
903 |
- |
107 |
Debt Due during Next Fiscal Year |
- |
5,338 |
5,203 |
5,080 |
5,080 |
3,090 |
2,662 |
2,474 |
2,359 |
17,346 |
17,189 |
19,941 |
29,132 |
2,500 |
2,409 |
2,409 |
2,409 |
2,026 |
2,033 |
2,033 |
1,859 |
1,758 |
1,407 |
1,258 |
1,258 |
954 |
537 |
Debt Due during Second Fiscal Year |
12,492 |
4,108 |
3,925 |
3,797 |
3,797 |
4,535 |
4,093 |
5,911 |
5,792 |
2,359 |
2,202 |
2,102 |
1,770 |
29,132 |
29,036 |
29,036 |
29,036 |
2,115 |
2,115 |
2,115 |
1,933 |
1,865 |
1,467 |
1,311 |
1,311 |
993 |
558 |
Debt Due during Third Fiscal Year |
- |
15,428 |
15,234 |
15,100 |
15,100 |
3,235 |
2,780 |
2,453 |
2,330 |
5,792 |
5,636 |
5,532 |
5,189 |
1,770 |
1,670 |
1,670 |
1,670 |
28,729 |
28,729 |
28,729 |
28,537 |
1,941 |
1,525 |
1,362 |
1,362 |
1,033 |
580 |
Debt Due during Fourth Fiscal Year |
15,696 |
3,912 |
3,709 |
3,569 |
3,569 |
14,517 |
14,046 |
13,707 |
13,580 |
11,515 |
11,407 |
11,052 |
5,189 |
5,085 |
5,085 |
5,085 |
1,350 |
1,350 |
1,350 |
1,149 |
28,512 |
28,078 |
27,908 |
27,908 |
1,073 |
601 |
Debt Due Thereafter |
96,571 |
98,337 |
90,671 |
85,858 |
85,858 |
73,600 |
59,250 |
49,217 |
45,520 |
59,100 |
50,323 |
47,886 |
39,732 |
50,785 |
47,425 |
47,425 |
47,425 |
41,166 |
41,167 |
41,166 |
33,995 |
35,144 |
20,139 |
14,090 |
14,090 |
31,353 |
15,129 |
Common shares/UPREIT Units Outstanding |
10,505,154 |
10,307,796 |
10,263,700 |
10,210,893 |
10,125,957 |
8,565,331 |
8,247,055 |
8,192,246 |
8,164,700 |
8,026,079 |
7,997,911 |
7,968,631 |
7,940,644 |
7,640,300 |
7,578,454 |
7,551,679 |
7,525,970 |
7,047,029 |
6,901,752 |
6,632,832 |
6,059,844 |
5,298,534 |
5,245,888 |
5,155,390 |
4,914,811 |
1,900,496 |
1,484,526 |
UPREIT Units Outstanding |
3,326,831 |
3,302,486 |
3,294,281 |
3,277,737 |
3,228,097 |
2,987,107 |
2,963,911 |
2,937,431 |
2,937,431 |
2,937,431 |
2,937,431 |
2,937,431 |
2,937,431 |
2,769,877 |
2,735,348 |
2,735,348 |
2,735,348 |
2,626,518 |
2,589,843 |
2,515,884 |
2,397,620 |
2,342,335 |
2,340,904 |
2,338,018 |
2,329,360 |
752,903 |
430,082 |
Common shares Outstanding |
7,178,323 |
7,005,310 |
6,969,419 |
6,933,156 |
6,897,860 |
5,578,224 |
5,283,144 |
5,254,815 |
5,227,269 |
5,088,648 |
5,060,480 |
5,031,200 |
5,003,213 |
4,870,423 |
4,843,106 |
4,816,331 |
4,790,622 |
4,420,510 |
4,311,910 |
4,116,948 |
3,662,224 |
2,956,198 |
2,904,984 |
2,817,372 |
2,585,451 |
1,147,593 |
1,054,444 |