Section 2: EX-99.1 (FOURTH QUARTER EARNINGS PRESS RELEASE, DATED FEBRUARY 20, 2013)

Exhibit 99.1
Carla Baca
Financial Communications
P: 615.269.8175
News Release
HEALTHCARE REALTY TRUST REPORTS NORMALIZED FFO OF $0.31 PER SHARE FOR THE FOURTH QUARTER

NASHVILLE, Tennessee, February 20, 2013 - Healthcare Realty Trust Incorporated (NYSE:HR) today announced results for the fourth quarter ended December 31, 2012. Normalized FFO for the three months ended December 31, 2012 totaled $0.31 per diluted common share. Normalized FAD for the three months ended December 31, 2012 totaled $0.33 per diluted common share.
Salient highlights include:
The year-over-year NOI for the same facility portfolio increased 3.8% in the fourth quarter.
Healthcare Realty's stabilizing properties (“SIP”) were 60% leased at year-end 2012.
NOI for the SIP properties reached approximately $1 million per quarter.
Since the beginning of the fourth quarter, the Company acquired five facilities for a total purchase price of $87.6 million. The buildings total approximately 288,000 square feet and have an average occupancy rate of 98%.
The per share results for the quarter were negatively affected by approximately $0.03 because of the 9.2 million shares issued at the end of the third quarter used primarily to fund the Mercy Health properties under construction. This interim dilution will reverse to accretion as the properties are completed in the second half of 2013.
In January 2013, the Company sold 1.6 million shares of common stock under its at-the-market equity offering program (“ATM”) for approximately $39.7 million in net proceeds used to fund recent acquisitions.
A dividend of $0.30 per share was declared for the fourth quarter of 2012, which is 90.9% of normalized FAD.
For the three months ended December 31, 2012, revenues grew by $1.7 million to $81.3 million, income from continuing operations totaled $0.4 million, and the Company recognized a net loss, including $7.7 million in impairment charges, totaling $6.4 million.
Healthcare Realty Trust is a real estate investment trust that integrates owning, managing, financing and developing income-producing real estate properties associated primarily with the delivery of outpatient healthcare services throughout the United States. The Company had investments of approximately $3.0 billion in 207 real estate properties and mortgages as of December 31, 2012. The Company's 202 owned real estate properties are located in 28 states and total approximately 13.6 million square feet. The Company provides property management services to approximately 10.1 million square feet nationwide.
The Company directs interested parties to its Internet site, www.healthcarerealty.com, where information is posted regarding this quarter's operations. Please contact the Company at 615.269.8175 to request a printed copy of this information.

In addition to the historical information contained within, the matters discussed in this press release may contain forward-looking statements that involve risks and uncertainties. These risks are discussed in filings with the Securities and Exchange Commission by Healthcare Realty Trust,

 
 
 
 
 
HEALTHCAREREALTY.COM | PAGE 1 OF 5


The following information was filed by Healthcare Realty Trust Inc (HR) on Wednesday, February 20, 2013 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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