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BioMed Realty Trust Reports Third Quarter 2010 Financial Results
Date:11/3/2010

g interests9,934

9,590Total equity2,322,348

1,823,932Total liabilities and equity$  3,572,553

$  3,283,274BIOMED REALTY TRUST, INC.CONSOLIDATED STATEMENTS OF INCOME(In thousands, except share data)(Unaudited)For the Three Months EndedSeptember 30,For the Nine Months EndedSeptember 30,2010200920102009Revenues:Rental$  72,971

$  68,472

$  215,950

$  202,608Tenant recoveries22,723

19,240

63,823

57,510Other income39

5,251

1,628

12,876Total revenues95,733

92,963

281,401

272,994Expenses:Rental operations19,998

18,726

54,926

55,539Real estate taxes9,408

8,233

26,832

23,079Depreciation and amortization27,774

30,953

83,159

82,767General and administrative6,805

5,712

19,523

16,119Acquisition related expenses

420

244

2,388

244Total expenses64,405

63,868

186,828

177,748Income from operations31,328

29,095

94,573

95,246Equity in net loss of unconsolidated partnerships(308)

(1,118)

(686)

(1,884)Interest income55

62

126

226Interest expense(21,589)

(19,614)

(64,719)

(44,567)(Loss)/gain on derivative instruments(287)

(14)

(634)

289(Loss)/gain on extinguishment of debt(22)

(2,286)

6,152Net income9,177

8,411

26,374

55,462Net income attributable to noncontrolling interests(104)

(108)

(321)

(1,458)Net income attributable to Company9,073

8,303

26,053

54,004Preferred stock dividends(4,241)

(4,241)

(12,722)

(12,722)Net income available to common stockholders'/>"/>

SOURCE BioMed Realty Trust, Inc.
Copyright©2010 PR Newswire.
All rights reserved

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