funds from operations


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Funds From Operations (FFO)

Used by real estate and other investment trusts to define the cash flow from trust operations; earnings with depreciation and amortization added back. A similar term increasingly used is funds available for distribution (FAD), which is FFO less capital investments in trust property and the amortization of mortgages.

Funds from Operations

In real estate investment trusts, a measure of revenue from operations involving liquid transfers like cash, rather than illiquid assets. In general, the FFO is determined by taking the REIT's earnings and adding back their depreciation and amortization of mortgages.

funds from operations

A measure of the profitability of any business, but particularly a real estate investment trust. It is net income without downward adjustments for depreciation or amortization and without considering any extraordinary revenues such as from the sale of an asset.

References in periodicals archive ?
Adjusted Funds from Operations was $35.2 million in the fourth quarter versus $29.3 million in the fourth quarter of 2016.
On a per-share basis, funds from operations came in at 96 cents -- ahead of First Call/Thomson Financial's analysts' estimate of 93 cents -- compared with 81 cents last year.
Under no set of facts, the court continued, could the suing investors prove the materiality of the alleged misrepresentation (that the defendants believed the Taj Mahal's funds from operations would be sufficient to cover debt service).
The company's above average net operating income growth and development pipeline position it to be one of the best funds from operations growth stories in 2019, Okusanya tells investors in a research note.
EDMONTON: Capital Power Corporation announced the acquisition of Arlington Valley, a 580 megawatt contracted natural gas facility in Arizona; achieved excellent operating performance with 98% facility availability and generated net cash flows from operating activities of $65 million and adjusted funds from operations of $156 million.
Funds from operations for the quarter were $1.26 per fully diluted common share compared to $1.16 for the same period last year.
Funds from operations were USD61.2 million, or USD0.26 per share, compared to USD71.8 million, or USD0.30 per share, for the same period in 2013.
The transaction is seen to immediately contribute to the buyera[euro](tm)s normalised funds from operations (FFO) and adjusted funds from operations (AFFO).Country: USASector: Construction/Real Estate, Banking/Financial ServicesTarget: American Realty Capital Trust Inc (ARCT)Buyer: Realty Income Corporation Deal size in USD: 2bnType: Corporate acquisitionFinancing: Cash & StockStatus: Closed
Funds from operations rose by roughly $4 million, to $68.1 million, while funds from operations per share (diluted) declined slightly from 69 to 68 cents.
Funds from operations have decreased to CAD55.6m for the first quarter of 2009 as compared to CAD94.6m for the same period of 2008.
Boston Properties showed a 10.2 percent leap in stock value since June 30, after announcing a 1 percent gain in funds from operations in the second quarter, during which it announced its joint purchase with a private Dubai-based investor of the $3.95 billion office tower package that included the GM Building, 540 Madison, 125 West 55th Street and Two Grand Central Tower.
GREENSBORO, N.C.-Tanger Factory Outlet Centers, the real estate investment trust that operates 34 outlet centers in 21 states, posted higher revenue, net income and funds from operations for the first quarter.