Short answer

Healthcare Realty Trust Inc (HR) filed its fiscal 2011 10-K annual report with the SEC on Mar 27, 2012.

Top risk flagged: Healthcare reform laws, including the Patient Protection and Affordable Care Act, expanded tenant reporting and program-integrity obligations

Healthcare Realty Trust Inc FY2011 10-K analysis

AI summary of each section, grounded in the filing text

Fully integrated REIT acquiring, owning and operating healthcare real estate, primarily medical office buildings near major health-system campuses
2011 portfolio expansion: six buildings, 306,000 square feet, $68.3 million aggregate acquisition price
Strategic shift toward internal property management, with Indiana transitioned and approximately 61% of portfolio expected internally managed
Portfolio scale: 11.2 million square feet across 25 states, 91% occupancy, 95% located on or adjacent to healthcare-system campuses
Financing inflection: unsecured credit facility doubled to $575 million, alongside new agency ratings received in July 2011

Rental income $269.6M, up from $195.5M, driven by portfolio acquisitions
Net income $5.6M vs $7.9M loss, with NOI $185.7M vs $137.4M
Best performance: NOI growth 35.1% YoY, portfolio occupancy 91%
Operating cash flow $111.8M, acquisitions $61.4M, capex $16.0M, distributions $84.8M, buybacks $37.7M
Outlook: acquisitions and financing dependent on capital availability, rates, property supply, and healthcare regulation

Healthcare reform laws, including the Patient Protection and Affordable Care Act, expanded tenant reporting and program-integrity obligations
Commercial real estate slowdown and credit-market volatility threatened tenant defaults across Texas, Arizona, South Carolina, Florida and Indiana
Specialized senior-care properties faced costly re-leasing and regulatory-approval delays after operator failure
Larger healthcare REITs held lower-cost capital and operating-efficiency advantages in medical-office acquisitions
$639.1M debt outstanding, including $175.3M variable-rate debt and $79.6M maturing in 2012

Generated from the filing text; verify against the original. How to read a 10-K

Compare years, dig into a risk factor or check the numbers against insider trades and fund holders.