Community Healthcare Trust Announces Results for the Three Months Ended March 31, 2024
Community Healthcare Trust Announces Results for the Three Months Ended March 31, 2024
FRANKLIN, Tenn., April 30, 2024 /PRNewswire/ -- Community Healthcare Trust Incorporated (NYSE: CHCT) (the "Company") today announced results for the three months ended March 31, 2024. The Company reported net income for the three months ended March 31, 2024 of approximately $3.7 million, or $0.11 per diluted common share. Funds from operations ("FFO") and adjusted funds from operations ("AFFO") for the three months ended March 31, 2024 totaled $0.53 and $0.59, respectively, per diluted common share.
田納西州富蘭克林，2024 年 4 月 30 日/PRNewswire/--社區醫療信託公司（紐約證券交易所代碼：CHCT）（“公司”）今天公佈了截至2024年3月31日的三個月業績。該公司報告稱，截至2024年3月31日的三個月，淨收益約爲370萬美元，攤薄後每股普通股收益爲0.11美元。截至2024年3月31日的三個月，每股普通股的運營資金（“FFO”）和調整後的運營資金（“AFFO”）總額分別爲0.53美元和0.59美元。
Items Impacting Our Results include:
影響我們業績的項目包括：
- During the three months ended March 31, 2024, the Company acquired four real estate properties for an aggregate purchase price of approximately $34.2 million. Upon acquisition, the properties totaling approximately 165,000 square feet, were 98.6% leased in the aggregate with lease expirations through 2039.
- Subsequent to March 31, 2024, the Company acquired one inpatient rehabilitation facility for a purchase price and cash consideration of approximately $23.5 million. Upon acquisition, the property was 100.0% leased with a lease expiration in 2039. The acquisition was funded with proceeds from the Company's Revolving Credit Facility.
- The Company has seven properties under definitive purchase agreements, to be acquired after completion and occupancy, for an aggregate expected purchase price of approximately $169.5 million. The Company's expected returns on these investments are approximately 9.1% to 9.75%. The Company anticipates closing on one of these properties in the fourth quarter of 2024 with the remainder throughout 2025, 2026 and 2027; however, the Company cannot provide assurance as to the timing of when, or whether, these transactions will actually close.
- During the first quarter of 2024, the Company issued, through its at-the-market offering program, approximately 19,000 shares of common stock at an average gross sales price of $27.51 per share for net proceeds of approximately $0.5 million at an approximate 6.79% current equity yield.
- The Company has one property under a definitive sale agreement. The sales price less estimated costs to sell exceed the carrying value of the property. The Company expects to close on this property during the second or third quarter of 2024; however, the Company cannot provide assurance as to the timing of when, or whether, this transaction will actually close.
- During the first quarter of 2024, the Company's Board approved and adopted certain changes to executive compensation as described in more detail in the Company's Proxy Statement filed with the Securities and Exchange Commission on March 14, 2024. These changes were effective beginning January 1, 2024 for salary and long term equity incentive awards, and will be effective for annual bonuses with performance periods commencing on and after July 1, 2024.
- Effective February 16, 2024, one of the Company's tenants, GenesisCare and certain of its affiliates ("GenesisCare"), emerged from Chapter 11 bankruptcy protection, and GenesisCare U.S. is now an independent business delivering oncology and specialty care services in Florida and North Carolina. Of the Company's seven leases with GenesisCare, five were assumed or assigned to buyers as part of the bankruptcy process and two remain with the GenesisCare U.S. entity.
- On April 25, 2024, the Company's Board of Directors declared a quarterly common stock dividend in the amount of $0.46 per share. The dividend is payable on May 24, 2024 to stockholders of record on May 10, 2024.
- 在截至2024年3月31日的三個月中，公司收購了四處房地產，總收購價約爲3,420萬美元。收購後，總面積約爲16.5萬平方英尺的房產，總租賃率爲98.6％，租約到期至2039年。
- 2024年3月31日之後，公司以約2350萬美元的收購價和現金對價收購了一家住院康復機構。收購後，該物業的租賃率爲100.0％，租約將於2039年到期。此次收購的資金來自公司的循環信貸額度。
- 根據最終購買協議，該公司有七處房產將在完工和入住後收購，預計總收購價約爲1.695億美元。公司這些投資的預期回報率約爲9.1％至9.75％。該公司預計，其中一處房產將在2024年第四季度關閉，其餘部分將在2025年、2026年和2027年關閉；但是，公司無法保證這些交易何時或是否實際完成。
- 在2024年第一季度，公司通過其市場發行計劃發行了約19,000股普通股，平均總銷售價格爲每股27.51美元，淨收益約爲50萬美元，當前股票收益率約爲6.79％。
- 根據最終銷售協議，該公司擁有一處房產。銷售價格減去預計的銷售成本超過了房產的賬面價值。該公司預計將在2024年第二或第三季度關閉該物業；但是，公司無法保證該交易何時或是否實際完成。
- 在2024年第一季度，公司董事會批准並通過了對高管薪酬的某些修改，詳見公司於2024年3月14日向美國證券交易委員會提交的委託書。這些變更自2024年1月1日起生效，適用於薪資和長期股權激勵獎勵，並將對年度獎金生效，績效期從2024年7月1日及之後開始。
- 自2024年2月16日起，該公司的租戶之一GenesisCare及其某些附屬公司（“GenesisCare”）脫離了第11章的破產保護，美國GenesisCare現在是一家在佛羅里達州和北卡羅來納州提供腫瘤學和專科護理服務的獨立企業。在該公司與GenesisCare簽訂的七份租約中，有五份是作爲破產程序的一部分假定或轉讓給買家的，還有兩份仍在GenesisCare美國實體中。
- 2024 年 4 月 25 日，公司董事會宣佈季度普通股股息爲每股 0.46 美元。股息將於2024年5月24日支付給2024年5月10日登記在冊的股東。
About Community Healthcare Trust Incorporated
Community Healthcare Trust Incorporated is a real estate investment trust that focuses on owning income-producing real estate properties associated primarily with the delivery of outpatient healthcare services in our target sub-markets throughout the United States. As of March 31, 2024, the Company had investments of approximately $1.1 billion in 197 real estate properties (including a portion of one property accounted for as a sales-type lease and two properties classified as held for sale). The properties are located in 35 states, totaling approximately 4.4 million square feet in the aggregate.
關於社區醫療信託公司
Community Healthcare Trust Incorporated是一家房地產投資信託基金，專注於擁有創收房地產，主要與我們在美國各地的目標子市場提供門診醫療保健服務有關。截至2024年3月31日，該公司在197處房地產中投資了約11億美元（包括一處作爲銷售類租賃的房產的一部分和兩處歸類爲待售房產）。這些物業分佈在35個州，總面積約爲440萬平方英尺。
Additional information regarding the Company, including this quarter's operations, can be found at www.chct.reit. Please contact the Company at 615-771-3052 to request a printed copy of this information.
有關公司的更多信息，包括本季度的運營，可在以下網址找到 www.chct.reit。請致電 615-771-3052 與公司聯繫，索取此信息的打印副本。
Cautionary Note Regarding Forward-Looking Statements
In addition to the historical information contained within, the matters discussed in this press release may contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are generally identifiable by use of forward-looking terminology such as "believes", "expects", "may", "will," "should", "seeks", "approximately", "intends", "plans", "estimates", "anticipates" or other similar words or expressions, including the negative thereof. Forward-looking statements are based on certain assumptions and can include future expectations, future plans and strategies, financial and operating projections or other forward-looking information. Such forward-looking statements reflect management's current beliefs and are based on information currently available to management. Because forward-looking statements relate to future events, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of the control of Community Healthcare Trust Incorporated (the "Company"). Thus, the Company's actual results and financial condition may differ materially from those indicated in such forward-looking statements. Some factors that might cause such a difference include the following: general volatility of the capital markets and the market price of the Company's common stock, changes in the Company's business strategy, availability, terms and deployment of capital, the Company's ability to refinance existing indebtedness at or prior to maturity on favorable terms, or at all, changes in the real estate industry in general, interest rates or the general economy, adverse developments related to the healthcare industry, changes in governmental regulations, the degree and nature of the Company's competition, the ability to consummate acquisitions under contract, catastrophic or extreme weather and other natural events and the physical effects of climate change, the occurrence of cyber incidents, effects on global and national markets as well as businesses resulting from increased inflation, rising interest rates, supply chain disruptions, labor conditions, the conflict between Russia and Ukraine, and/or new and ongoing hostilities between Israel and Hamas, and the other factors described in the section entitled "Risk Factors" in the Company's Annual Report on Form 10-K for the year ended December 31, 2023, and the Company's other filings with the Securities and Exchange Commission from time to time. Readers are therefore cautioned not to place undue reliance on the forward-looking statements contained herein which speak only as of the date hereof. The Company intends these forward-looking statements to speak only as of the time of this press release and undertakes no obligation to update forward-looking statements, whether as a result of new information, future developments, or otherwise, except as may be required by law.
關於前瞻性陳述的警示說明
除了其中包含的歷史信息外，根據1995年《私人證券訴訟改革法》的安全港條款，本新聞稿中討論的事項還可能包含經修訂的1933年《證券法》第27A條和經修訂的1934年《證券交易法》第21E條所指的 “前瞻性陳述”。前瞻性陳述通常可以通過使用前瞻性術語來識別，例如 “相信”、“期望”、“可能”、“將”、“應該”、“尋求”、“大約”、“打算”、“計劃”、“估計”、“預期” 或其他類似的詞語或表達，包括否定詞語。前瞻性陳述基於某些假設，可能包括未來預期、未來計劃和戰略、財務和運營預測或其他前瞻性信息。此類前瞻性陳述反映了管理層當前的信念，並基於管理層目前獲得的信息。由於前瞻性陳述與未來事件有關，因此它們會受到固有的不確定性、風險和情況變化的影響，這些變化難以預測，其中許多是社區醫療信託公司（“公司”）無法控制的。因此，公司的實際業績和財務狀況可能與此類前瞻性陳述中顯示的業績和財務狀況存在重大差異。可能導致這種差異的一些因素包括：資本市場和公司普通股市場價格的總體波動性、公司業務戰略、可用性、條款和資本部署的變化、公司在到期日或到期前以優惠條件爲現有債務再融資的能力，或根本沒有能力，整個房地產行業的變化，利率或總體經濟的變化，與醫療保健行業相關的不利發展，政府法規、程度和性質公司的競爭對手、根據合同完成收購的能力、災難性或極端天氣和其他自然事件以及氣候變化的物理影響、網絡事件的發生、通貨膨脹率上升、利率上升、供應鏈中斷、勞動條件、俄羅斯和烏克蘭之間的衝突和/或以色列和哈馬斯之間新的和持續的敵對行動對全球和國內市場以及業務的影響，以及標題爲 “風險因素” 的章節中描述的其他因素在公司截至2023年12月31日止年度的10-K表年度報告，以及公司不時向美國證券交易委員會提交的其他文件。因此，提醒讀者不要過分依賴此處包含的前瞻性陳述，這些陳述僅代表截至本文發佈之日。除非法律要求，否則公司希望這些前瞻性陳述僅在本新聞稿發佈之時起發揮作用，並且沒有義務更新前瞻性陳述，無論是由於新信息、未來發展還是其他原因。
|
COMMUNITY HEALTHCARE TRUST INCORPORATED CONSOLIDATED BALANCE SHEETS (Dollars and shares in thousands, except per share amounts) | |||
|
(Unaudited) |
|||
|
March 31, 2024 |
December 31, 2023 |
||
|
ASSETS |
|||
|
Real estate properties: |
|||
|
Land and land improvements |
$ 142,120 |
$ 136,532 |
|
|
Buildings, improvements, and lease intangibles |
948,253 |
913,416 |
|
|
Personal property |
317 |
299 |
|
|
Total real estate properties |
1,090,690 |
1,050,247 |
|
|
Less accumulated depreciation |
(211,058) |
(200,810) |
|
|
Total real estate properties, net |
879,632 |
849,437 |
|
|
Cash and cash equivalents |
3,805 |
3,491 |
|
|
Restricted cash |
1,141 |
1,142 |
|
|
Real estate properties held for sale |
7,466 |
7,466 |
|
|
Other assets, net |
90,657 |
83,876 |
|
|
Total assets |
$ 982,701 |
$ 945,412 |
|
|
LIABILITIES AND STOCKHOLDERS' EQUITY |
|||
|
Liabilities |
|||
|
Debt, net |
$ 442,320 |
$ 403,256 |
|
|
Accounts payable and accrued liabilities |
11,775 |
12,032 |
|
|
Other liabilities, net |
16,960 |
16,868 |
|
|
Total liabilities |
471,055 |
432,156 |
|
|
Commitments and contingencies |
|||
|
Stockholders' Equity |
|||
|
Preferred stock, $0.01 par value; 50,000 shares authorized; none issued and outstanding |
— |
— |
|
|
Common stock, $0.01 par value; 450,000 shares authorized; 27,701 and 27,613 shares |
277 |
276 |
|
|
Additional paid-in capital |
690,491 |
688,156 |
|
|
Cumulative net income |
92,521 |
88,856 |
|
|
Accumulated other comprehensive gain |
21,490 |
16,417 |
|
|
Cumulative dividends |
(293,133) |
(280,449) |
|
|
Total stockholders' equity |
511,646 |
513,256 |
|
|
Total liabilities and stockholders' equity |
$ 982,701 |
$ 945,412 |
|
|
成立社區醫療信託基金 合併資產負債表 （美元和股份，以千美元計，每股金額除外） | |||
|
（未經審計） |
|||
|
2024年3月31日 |
2023年12月31日 |
||
|
資產 |
|||
|
房地產： |
|||
|
土地和土地改善 |
142,120 美元 |
136,532 美元 |
|
|
建築物、改善和租賃無形資產 |
948,253 |
913,416 |
|
|
個人財產 |
317 |
299 |
|
|
房地產總數 |
1,090,690 |
1,050,247 |
|
|
減去累計折舊 |
(211,058) |
(200,810) |
|
|
房地產總額，淨額 |
879,632 |
849,437 |
|
|
現金和現金等價物 |
3,805 |
3,491 |
|
|
受限制的現金 |
1,141 |
1,142 |
|
|
待售房地產 |
7,466 |
7,466 |
|
|
其他資產，淨額 |
90,657 |
83,876 |
|
|
總資產 |
982,701 美元 |
945,412 美元 |
|
|
負債和股東權益 |
|||
|
負債 |
|||
|
債務，淨額 |
442,320 美元 |
403,256 美元 |
|
|
應付賬款和應計負債 |
11,775 |
12,032 |
|
|
其他負債，淨額 |
16,960 |
16,868 |
|
|
負債總額 |
471,055 |
432,156 |
|
|
承付款和意外開支 |
|||
|
股東權益 |
|||
|
優先股，面值0.01美元；已授權50,000股；未發行和流通 |
— |
— |
|
|
普通股，面值0.01美元；授權45萬股；27,701股和27,613股 |
277 |
276 |
|
|
額外的實收資本 |
690,491 |
688,156 |
|
|
累計淨收入 |
92,521 |
88,856 |
|
|
累積其他綜合收益 |
21,490 |
16,417 |
|
|
累積分紅 |
(293,133) |
(280,449) |
|
|
股東權益總額 |
511,646 |
513,256 |
|
|
負債和股東權益總額 |
982,701 美元 |
945,412 美元 |
|
|
The Consolidated Balance Sheets do not include all of the information and footnotes required by accounting principles generally accepted in |
|
合併資產負債表不包括普遍接受的會計原則所要求的所有信息和腳註 |
|
COMMUNITY HEALTHCARE TRUST INCORPORATED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS FOR THE THREE MONTHS ENDED MARCH 31, 2024 AND 2023 (Dollars and shares in thousands, except per share amounts) | |||
|
Three Months Ended March 31, |
|||
|
2024 |
2023 |
||
|
(Unaudited) |
|||
|
REVENUES |
|||
|
Rental income |
$ 28,342 |
$ 26,128 |
|
|
Other operating interest |
991 |
1,048 |
|
|
29,333 |
27,176 |
||
|
EXPENSES |
|||
|
Property operating |
5,791 |
4,873 |
|
|
General and administrative (1) |
4,554 |
16,205 |
|
|
Depreciation and amortization |
10,262 |
9,018 |
|
|
20,607 |
30,096 |
||
|
OTHER INCOME (EXPENSE) |
|||
|
Impairment of real estate asset |
— |
— |
|
|
Interest expense |
(5,062) |
(3,992) |
|
|
Deferred income tax expense |
— |
(35) |
|
|
Interest and other income, net |
1 |
25 |
|
|
(5,061) |
(4,002) |
||
|
NET INCOME (LOSS) |
$ 3,665 |
$ (6,922) |
|
|
NET INCOME (LOSS) PER COMMON SHARE (1): |
|||
|
Net income (loss) per common share - Basic |
$ 0.11 |
$ (0.32) |
|
|
Net income (loss) per common share - Diluted |
$ 0.11 |
$ (0.32) |
|
|
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING-BASIC |
26,297 |
24,227 |
|
|
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING-DILUTED |
26,297 |
24,227 |
|
|
(1)General and administrative expenses for the three months ended March 31, 2024 included stock-based compensation expense totaling | |||
|
成立社區醫療信託基金 簡明合併運營報表 在截至 2024 年 3 月 31 日和 2023 年 3 月 31 日的三個月 （美元和股份，以千美元計，每股金額除外） | |||
|
三個月已結束 3月31日 |
|||
|
2024 |
2023 |
||
|
（未經審計） |
|||
|
收入 |
|||
|
租金收入 |
28,342 美元 |
26,128 美元 |
|
|
其他經營權益 |
991 |
1,048 |
|
|
29,333 |
27,176 |
||
|
費用 |
|||
|
物業運營 |
5,791 |
4,873 |
|
|
一般和行政 (1) |
4,554 |
16,205 |
|
|
折舊和攤銷 |
10,262 |
9,018 |
|
|
20,607 |
30,096 |
||
|
其他收入（支出） |
|||
|
房地產資產減值 |
— |
— |
|
|
利息支出 |
(5,062) |
(3,992) |
|
|
遞延所得稅支出 |
— |
(35) |
|
|
利息和其他收入，淨額 |
1 |
25 |
|
|
(5,061) |
(4,002) |
||
|
淨收益（虧損） |
3,665 美元 |
美元 (6,922) |
|
|
普通股每股淨收益（虧損） (1): |
|||
|
普通股每股淨收益（虧損）——基本 |
0.11 美元 |
美元 (0.32) |
|
|
普通股每股淨收益（虧損）——攤薄 |
0.11 美元 |
美元 (0.32) |
|
|
已發行普通股的加權平均值——基本 |
26,297 |
24,227 |
|
|
已發行普通股的加權平均值（攤薄） |
26,297 |
24,227 |
|
|
(1)截至2024年3月31日的三個月的一般和管理費用包括股票薪酬支出，總計 | |||
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The Consolidated Statements of Income do not include all of the information and footnotes required by accounting principles generally |
|
合併損益表不包括會計原則通常要求的所有信息和腳註 |
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COMMUNITY HEALTHCARE TRUST INCORPORATED RECONCILIATION OF FFO and AFFO (1) (Unaudited; Dollars and shares in thousands, except per share amounts) | |||
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Three Months Ended March 31, |
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2024 |
2023 |
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Net income (loss) |
$ 3,665 |
$ (6,922) |
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Real estate depreciation and amortization |
10,378 |
9,088 |
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FFO |
$ 14,043 |
$ 2,166 |
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Straight-line rent |
(755) |
(917) |
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Stock-based compensation |
2,424 |
2,547 |
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Accelerated amortization of stock-based compensation (2) |
— |
11,799 |
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AFFO |
$ 15,712 |
$ 15,595 |
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FFO per Common Share-Diluted |
$ 0.53 |
$ 0.09 |
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AFFO per Common Share-Diluted |
$ 0.59 |
$ 0.62 |
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Weighted Average Common Shares Outstanding-Diluted (3) |
26,707 |
25,298 |
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成立社區醫療信託基金 FFO 和 AFFO 的協調 (1) （未經審計；美元和股份以千計，每股金額除外） | |||
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截至3月31日的三個月 |
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2024 |
2023 |
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淨收益（虧損） |
3,665 美元 |
美元 (6,922) |
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房地產折舊和攤銷 |
10,378 |
9,088 |
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FFO |
14,043 美元 |
2,166 美元 |
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直線租金 |
(755) |
(917) |
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基於股票的薪酬 |
2,424 |
2,547 |
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加快股票薪酬的攤銷 (2) |
— |
11,799 |
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AFFO |
15,712 美元 |
15,595 美元 |
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攤薄後每股普通股的FFO |
0.53 美元 |
0.09 美元 |
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攤薄後每股普通股AFFO |
0.59 美元 |
0.62 美元 |
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已發行攤薄後的加權平均普通股 (3) |
26,707 |
25,298 |
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(1) |
Historical cost accounting for real estate assets implicitly assumes that the value of real estate assets diminishes predictably over time. However, since real estate values have historically risen or fallen with market conditions, many industry investors deem presentations of operating results for real estate companies that use historical cost accounting to be insufficient by themselves. For that reason, the Company considers funds from operations ("FFO") and adjusted funds from operations ("AFFO") to be appropriate measures of operating performance of an equity real estate investment trust ("REIT"). In particular, the Company believes that AFFO is useful because it allows investors, analysts and Company management to compare the Company's operating performance to the operating performance of other real estate companies and between periods on a consistent basis without having to account for differences caused by unanticipated items and other events. The Company uses the National Association of Real Estate Investment Trusts, Inc. ("NAREIT") definition of FFO. FFO is an operating performance measure adopted by NAREIT. NAREIT defines FFO as the most commonly accepted and reported measure of a REIT's operating performance equal to net income (calculated in accordance with GAAP), excluding gains or losses from the sale of certain real estate assets, gains and losses from change in control, impairment write-downs of certain real estate assets and investments in entities when the impairment is directly attributable to decreases in the value of depreciable real estate held by the entity, plus depreciation and amortization related to real estate properties, and after adjustments for unconsolidated partnerships and joint ventures. NAREIT also provides REITs with an option to exclude gains, losses and impairments of assets that are incidental to the main business of the REIT from the calculation of FFO. In addition to FFO, the Company presents AFFO and AFFO per share. The Company defines AFFO as FFO, excluding certain expenses related to closing costs of properties acquired accounted for as business combinations and mortgages funded, excluding straight-line rent and the amortization of stock-based compensation, and including or excluding other non-cash items from time to time. AFFO presented herein may not be comparable to similar measures presented by other real estate companies due to the fact that not all real estate companies use the same definition. FFO and AFFO should not be considered as alternatives to net income (determined in accordance with GAAP) as indicators of the Company's financial performance or as alternatives to cash flow from operating activities (determined in accordance with GAAP) as measures of the Company's liquidity, nor are they necessarily indicative of sufficient cash flow to fund all of the Company's needs. The Company believes that in order to facilitate a clear understanding of the consolidated historical operating results of the Company, FFO and AFFO should be examined in conjunction with net income as presented elsewhere herein. |
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(2) |
In the first quarter of 2023, the Company accelerated the amortization of stock-based compensation upon the passing of our former CEO and President, impacting FFO per diluted share by $0.47. |
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(3) |
Diluted weighted average common shares outstanding for FFO and AFFO are calculated based on the treasury method, rather than the 2-class method used to calculate earnings per share. |
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(1) |
房地產資產的歷史成本覈算隱含地假設房地產資產的價值會隨着時間的推移而出現可預見的下降。但是，由於房地產價值歷來是隨着市場狀況而上升或下跌的，因此許多行業投資者認爲，使用歷史成本覈算的房地產公司單獨公佈經營業績是不夠的。出於這個原因，公司認爲運營資金（“FFO”）和調整後的運營資金（“AFFO”）是衡量股票房地產投資信託基金（“房地產投資信託基金”）經營業績的適當指標。特別是，該公司認爲AFFO很有用，因爲它允許投資者、分析師和公司管理層將公司的經營業績與其他房地產公司的經營業績以及不同時期的經營業績進行一致的比較，而不必考慮意外項目和其他事件造成的差異。 該公司使用全國房地產投資信託協會（“NAREIT”）對FFO的定義。FFO 是 NAREIT 採用的一項運營績效衡量標準。NAREIT將FFO定義爲房地產投資信託基金經營業績最常接受和報告的衡量標準，該指標等於淨收益（根據公認會計原則計算），不包括出售某些房地產資產的損益、控制權變更產生的損益、某些房地產資產的減值減記以及與實體投資有關的減值減值直接歸因於該實體持有的折舊房地產價值的下降以及與折舊和攤銷相關的損益用於不動產，調整後未合併的夥伴關係和合資企業。NAREIT還爲房地產投資信託基金提供了將房地產投資信託基金主要業務附帶資產的收益、虧損和減值排除在FFO的計算之外的選項。 除FFO外，公司還公佈每股AFFO和AFFO。公司將AFFO定義爲FFO，不包括與收購房產的交易成本相關的某些費用，這些費用計爲企業合併和抵押貸款融資，不包括直線租金和股票薪酬的攤銷，以及不時包括或排除其他非現金項目。由於並非所有房地產公司都使用相同的定義，因此此處提出的AFFO可能無法與其他房地產公司提出的類似衡量標準相提並論。 不應將FFO和AFFO視爲作爲公司財務業績指標的淨收益（根據公認會計原則確定）的替代方案，也不應被視爲衡量公司流動性的運營活動現金流的替代方案（根據公認會計原則確定），也不一定表示有足夠的現金流來滿足公司的所有需求。公司認爲，爲了便於清楚地了解公司的合併歷史經營業績，應將FFO和AFFO以及本文其他部分列出的淨收入結合起來進行審查。 |
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(2) |
2023年第一季度，我們的前首席執行官兼總裁去世後，公司加快了股票薪酬的攤銷，使攤薄後每股FFO增加了0.47美元。 |
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(3) |
FFO和AFFO的攤薄後加權平均流通普通股是根據財資法計算的，而不是用於計算每股收益的2類方法。 |
CONTACT: Bill Monroe, 615-771-3052
聯繫人：比爾·夢露，615-771-3052
SOURCE Community Healthcare Trust Incorporated
來源：社區醫療信託公司