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Article: Washington Real Estate Investment Trust Announces 3rd Quarter Total Funds From Operations of $18.9 Million ($0.48 Per Share).
- Article from:
- PR Newswire
- Article date:
- November 4, 2002
CopyrightCOPYRIGHT 2002 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Washington Real Estate Investment Trust (WRIT) reported today that Funds From Operations (FFO) decreased to $18,946,000 for the quarter ended September 30, 2002 from $19,306,000 for the quarter ended September 30, 2001. The following are reported amounts on a per share basis:
Q3 2002 Q3 2001
Funds from Operations ("FFO") Per Share $0.48$0.50
Funds Available for Distribution ("FAD") Per
Share $0.40$0.44
(Details regarding the above amounts are contained in the following pages. All amounts are fully diluted per ...