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Healthcare Realty Trust Announces Third Quarter Results
Date:11/10/2008

TY TRUST INCORPORATED

Condensed Consolidated Statements of Income (1)

(Dollars in thousands, except per share data)

(Unaudited)

Three Months Ended Nine Months Ended

September 30, September 30,

2008 2007 2008 2007

REVENUES

Master lease rent $14,434 $13,979 $43,669 $42,358

Property operating 35,441 31,208 101,767 92,190

Straight-line rent 113 611 (87) 655

Mortgage interest 579 404 1,647 1,217

Other operating 4,255 4,269 12,846 13,257

54,822 50,471 159,842 149,677

EXPENSES

General and

administrative 6,018 4,335 17,926 15,730

Property operating 22,062 18,849 60,220 54,155

Impairment 1,600 - 1,600 -

Bad debts, net

of recoveries 95 53 355 130

Depreciation 12,353 10,719 35,733 31,322

Amortization 769 997 1,919 3,597

42,897 34,953 117,753 104,934

OTHER INCOME (EXPENSE)

Gain on extinguishment

of debt, net 2,015 - 2,024 -

Interest expense (10,785) (12,096) (32,379) (36,819)

Interest and other

income, net 184 533 807 1,326

(8,586) (11,563) (29,548) (35,493)

INCOME FROM CONTINUING

OPERATIONS 3,339 3,955 12,541 9,250

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SOURCE Healthcare Realty Trust Incorporated
Copyright©2008 PR Newswire.
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