NASHVILLE, Tenn., Nov. 10 /PRNewswire-FirstCall/ -- Healthcare Realty Trust Incorporated (NYSE: HR) today announced results for the third quarter ended September 30, 2008. Funds from operations ("FFO") per diluted common share totaled $0.36, compared with $0.31 for the same period in 2007. FFO per diluted common share totaled $1.13 for the nine months ended September 30, 2008, compared with the prior year's $1.13. FFO would have been $0.38 and $1.14 per diluted common share for the three and nine months ended September 30, 2008, respectively, before a one-time charge of $765,000 related to a litigation expense settlement. Funds available for distribution ("FAD") for the third quarter of 2008 totaled $0.44 per diluted common share.
Revenues for the three months ended September 30, 2008 totaled $54.8 million, compared with the prior year's $50.5 million. Revenues for the nine months ended September 30, 2008 totaled $159.8 million, compared with the prior year's $149.7 million. Income from continuing operations for the three months ended September 30, 2008 totaled $3.3 million, compared with $4.0 million for the three months ended September 30, 2007. Income from continuing operations for the nine months ended September 30, 2008 totaled $12.5 million, compared with the prior year's $9.3 million.
Net income for the third quarter of 2008 totaled $5.5 million, or $0.11
per diluted common share, versus $5.5 million, or $0.12 per diluted common
share, for the third quarter of 2007. Net income for the nine months ended
September 30, 2008 totaled $26.1 million, or $0.52 per diluted common
share, compared with $55.5 million, or $1.17 per diluted common share for
the nine months ended September 30, 2007. Net income for the nine months
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