Gabrielle M. Andrés
HEALTHCARE REALTY TRUST ANNOUNCES FOURTH QUARTER RESULTS
NASHVILLE, Tennessee, February 22, 2011 Healthcare Realty Trust Incorporated (NYSE:HR) today
announced results for the fourth quarter ended December 31, 2010. FFO per diluted common share for
the three months ended December 31, 2010 totaled $0.30. FFO per diluted common share for the
twelve months ended December 31, 2010 totaled $1.14, which includes the effect of non-cash
impairment charges totaling $7.5 million, or $0.12 per diluted common share. FAD for the three
months ended December 31, 2010 totaled $0.29 per diluted common share.
for the three and twelve months ended December 31, 2010 totaled
$67.0 million and $258.4
million, respectively. Income (loss) from continuing operations for the three and twelve months
ended December 31, 2010 totaled ($0.2) million and $4.0 million, respectively. Net income
attributable to common stockholders for the three months ended
December 31, 2010 totaled $0.4
million, or $0.01 per diluted common share. Net income attributable to common stockholders for the
twelve months ended December 31, 2010 totaled $8.2 million, or $0.13 per diluted common share.
Along with FFO, net income attributable to common stockholders for the twelve months ended December
31, 2010 was also affected by impairment charges.
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 $2.6 billion in 209 real estate properties and mortgages as of December 31, 2010,
excluding assets classified as held for sale and including an investment in one unconsolidated
joint venture. The Companys 201 owned real estate properties, excluding assets classified as held
for sale, are comprised of six facility types, located in 28 states, totaling approximately 13.3
million square feet. The Company provides property management services to approximately 9.2
million square feet nationwide.
The Company directs interested parties to its Internet site, www.healthcarerealty.com, where
information is posted regarding this quarters 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,
including its Annual Report on Form 10-K for the year ended December 31, 2010 under the heading
Risk Factors, and as updated in its Quarterly Reports on Form 10-Q filed thereafter.
Forward-looking statements represent the Companys judgment as of the date of this release. The
Company disclaims any obligation to update forward-looking statements.