| |
Trend Analysis
Funds From Operations
| | Q2 2008 | Q1 2008 | Q4 2007 | Q3 2007 | Q2 2007 (Restated 08/05/2008) |
|---|
| Funds From Operations - REIT |
5,477.00
|
N/A
|
6,295.00
|
(10,359.00)
|
4,064.00
|
Income Statement
| Revenues | Q2 2008 | Q1 2008 | Q4 2007 | Q3 2007 | Q2 2007 (Restated 08/05/2008) |
|---|
| Total Revenue |
34,020.00
|
32,121.00
|
38,947.00
|
49,681.00
|
32,043.00
|
| Property revenue |
33,435.00
|
31,431.00
|
35,916.00
|
46,659.00
|
28,274.00
|
| Rental Revenues |
N/A
|
N/A
|
N/A
|
N/A
|
N/A
|
| Expenses | Q2 2008 | Q1 2008 | Q4 2007 | Q3 2007 | Q2 2007 (Restated 08/05/2008) |
|---|
| Pro Forma Stock Compensation Expense |
N/A
|
N/A
|
N/A
|
N/A
|
N/A
|
| Interest Expense |
8,977.00
|
9,133.00
|
9,950.00
|
10,787.00
|
9,882.00
|
| Total Operating Expense |
36,498.00
|
35,071.00
|
40,446.00
|
48,824.00
|
36,656.00
|
| Other Operating Expenses |
N/A
|
N/A
|
N/A
|
N/A
|
N/A
|
| Interest expense |
8,977.00
|
9,133.00
|
9,950.00
|
10,787.00
|
9,882.00
|
| Per Share Data | Q2 2008 | Q1 2008 | Q4 2007 | Q3 2007 | Q2 2007 (Restated 08/05/2008) |
|---|
| Diluted EPS after Stock Based Comp. Exp. |
N/A
|
N/A
|
N/A
|
N/A
|
N/A
|
| Basic EPS after Stock Based Comp. Exp. |
N/A
|
N/A
|
N/A
|
N/A
|
N/A
|
| Diluted Normalized EPS |
(0.23)
|
(0.26)
|
(0.17)
|
(0.02)
|
(0.36)
|
| Basic Normalized EPS |
(0.23)
|
(0.26)
|
(0.17)
|
(0.02)
|
(0.36)
|
| Diluted EPS Including ExtraOrd Items |
(0.09)
|
2.32
|
0.07
|
(0.21)
|
0.51
|
| Diluted EPS Excluding ExtraOrd Items |
(0.23)
|
(0.26)
|
(0.17)
|
(0.02)
|
(0.36)
|
| Basic EPS Including ExtraOrdinary Item |
(0.09)
|
2.32
|
0.07
|
(0.21)
|
0.51
|
| Basic EPS Excluding ExtraOrdinary Items |
(0.23)
|
(0.26)
|
(0.17)
|
(0.02)
|
(0.36)
|
| Income | Q2 2008 | Q1 2008 | Q4 2007 | Q3 2007 | Q2 2007 (Restated 08/05/2008) |
|---|
| Net Income after Stock Based Comp. Exp. |
N/A
|
N/A
|
N/A
|
N/A
|
N/A
|
| Normalized Income After Taxes |
(2,478.00)
|
(2,950.00)
|
(1,499.00)
|
857.00
|
(4,613.00)
|
| Normalized Income Before Taxes |
(2,478.00)
|
(2,950.00)
|
(1,499.00)
|
857.00
|
(4,613.00)
|
| Diluted Net Income |
(1,380.00)
|
37,445.00
|
1,106.00
|
(4,021.00)
|
8,796.00
|
| Income Available to Com Incl ExtraOrd |
(1,380.00)
|
37,445.00
|
1,106.00
|
(4,021.00)
|
8,796.00
|
| Income Available to Com Excl ExtraOrd |
(3,715.00)
|
(4,186.00)
|
(2,725.00)
|
(387.00)
|
(6,203.00)
|
| Income from discontinued operations: Ope |
42.00
|
(1,279.00)
|
10.00
|
(1,117.00)
|
2,517.00
|
| Net Income Before Extra. Items |
(2,514.00)
|
(2,986.00)
|
(1,524.00)
|
813.00
|
(4,770.00)
|
| Net Income After Taxes |
(2,478.00)
|
(2,950.00)
|
(1,499.00)
|
857.00
|
(4,613.00)
|
| Provision for Income Taxes |
0.00
|
0.00
|
0.00
|
0.00
|
0.00
|
| Net Income Before Taxes |
(2,478.00)
|
(2,950.00)
|
(1,499.00)
|
857.00
|
(4,613.00)
|
| Interest Income |
(92.00)
|
(16.00)
|
(58.00)
|
(71.00)
|
(64.00)
|
Balance Sheet
| Assets | Q2 2008 | Q1 2008 | Q4 2007 | Q3 2007 | Q2 2007 |
|---|
| Net Assets Recognized on Balance Sheet |
N/A
|
N/A
|
N/A
|
N/A
|
N/A
|
| Total Assets |
706,632.00
|
665,991.00
|
686,796.00
|
706,117.00
|
706,798.00
|
| Other assets net |
10,255.00
|
13,209.00
|
13,383.00
|
16,531.00
|
12,178.00
|
| Other assets associated with property he |
N/A
|
57.00
|
0.00
|
0.00
|
0.00
|
| Other Assets-Held For Sale |
N/A
|
N/A
|
N/A
|
N/A
|
N/A
|
| Total Current Assets |
N/A
|
N/A
|
N/A
|
N/A
|
N/A
|
| Liabilities | Q2 2008 | Q1 2008 | Q4 2007 | Q3 2007 | Q2 2007 |
|---|
| Total Long Term Debt, Supplemental |
N/A
|
N/A
|
N/A
|
N/A
|
N/A
|
| Total Liabilities & Shareholders' Equity |
706,632.00
|
665,991.00
|
686,796.00
|
706,117.00
|
706,798.00
|
| Total Long Term Debt |
511,659.00
|
467,321.00
|
510,915.00
|
511,693.00
|
451,914.00
|
| Total Current Liabilities |
N/A
|
N/A
|
N/A
|
N/A
|
N/A
|
| Other Liabilities |
N/A
|
28.00
|
0.00
|
0.00
|
0.00
|
| Equity | Q2 2008 | Q1 2008 | Q4 2007 | Q3 2007 | Q2 2007 |
|---|
| Total Preferred Shares Outstanding |
220.85
|
220.85
|
220.85
|
220.85
|
220.85
|
| Total Common Shares Outstanding |
16,378.02
|
16,378.72
|
16,353.70
|
16,907.99
|
17,376.52
|
| Total Equity |
120,755.00
|
123,080.00
|
89,786.00
|
99,074.00
|
112,088.00
|
| Treasury shares |
(66,884.00)
|
(66,924.00)
|
(67,393.00)
|
(60,127.00)
|
(53,894.00)
|
| Common shares |
2,300.00
|
2,300.00
|
2,300.00
|
2,300.00
|
2,300.00
|
|
|
|
