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BioMed Realty Trust Reports First Quarter 2008 Financial Results
Date:4/30/2008

ly reports on Form 10-Q. The company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

(Financial Tables Follow)

BIOMED REALTY TRUST, INC.

CONSOLIDATED BALANCE SHEETS

(In thousands, except share and per share data)

March 31, December 31,

2008 2007

(Unaudited)

ASSETS

Investments in real estate, net $2,868,432 $2,805,983

Investment in unconsolidated partnerships 21,356 22,588

Cash and cash equivalents 19,383 13,479

Restricted cash 8,351 8,867

Accounts receivable, net 4,716 4,457

Accrued straight-line rents, net 40,682 36,415

Acquired above-market leases, net 5,374 5,745

Deferred leasing costs, net 112,334 116,491

Deferred loan costs, net 14,554 15,567

Other assets 30,767 27,676

Total assets $3,125,949 $3,057,268

LIABILITIES AND STOCKHOLDERS' EQUITY

Mortgage notes payable, net $377,675 $379,680

Secured construction loan 457,628 425,160

Secured term loan 250,000 250,000

Exchangeable senior notes 175,000 175,000

Unsecured line of credit 310,747 270,947


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SOURCE BioMed Realty Trust, Inc.
Copyright©2008 PR Newswire.
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