10-Q quarterly report · filed Jul 30, 2015

Healthcare Realty Trust Inc (HR) Q2 2015 10-Q Quarterly Report

Short answer

Healthcare Realty Trust Inc (HR) filed its Q2 2015 10-Q quarterly report on Jul 30, 2015 for the quarter ended Jun 30, 2015.

Healthcare Realty Trust Inc Q2 2015 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Quarterly revenue $99.3M, up 10.8% or $9.6M YoY
  • NOI $70.1M, up 11.9% from $62.6M; NOI margin 70.6% vs 70.4% YoY
  • Same-Property Cash NOI $58.0M, up 3.0% or $1.7M, driven by rent escalations and occupancy
  • Operating cash flow $87.2M year-to-date, up $14.0M; acquisitions $224.3M and capital expenditures $13.1M
  • Outlook: acquisitions and leasing expected to increase operating cash flow; occupancy and rental-rate declines remain headwinds

Risk Factors

  • No risk-factor section provided, so changes from the 2014 10-K cannot be determined
  • Portfolio concentration risk: $3.6 billion invested primarily in U.S. medical office buildings
  • Real estate impairment risk: valuation depends on occupancy, rental rates, capitalization rates and lease-up periods
  • Financial exposure: $80.5 million loaned to five entities for potential Section 1031 exchanges
  • Accounting compliance risk: ASU 2014-09 adoption impact remains under evaluation

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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