10-Q quarterly report · filed Aug 3, 2016

Healthcare Realty Trust Inc (HR) Q2 2016 10-Q Quarterly Report

Short answer

Healthcare Realty Trust Inc (HR) filed its Q2 2016 10-Q quarterly report on Aug 3, 2016 for the quarter ended Jun 30, 2016.

Healthcare Realty Trust Inc Q2 2016 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Quarterly revenue $113.2M, up 14.0% YoY from $99.2M
  • NOI $78.2M, up 11.6% YoY from $70.1M; Same-Property Cash NOI $65.2M, up 3.1%
  • Best performance: 2015 and 2016 acquisitions, contributing $8.7M additional quarterly NOI
  • Operating cash flow $96.4M for six months, up from $87.2M; investing used $335.6M, including $336.8M real estate investments
  • Liquidity $591.6M, including $8.1M cash and $583.5M revolving capacity; capital needs and occupancy risks remained key headwinds

Risk Factors

  • No material Risk Factors changes disclosed from the 2015 10-K
  • Regulatory risk: REIT status depends on meeting Internal Revenue Code distribution requirements, potentially requiring borrowings or asset sales
  • Operational risk: 91.6% occupancy exposes rental income to lower occupancy and reduced renewal rates
  • Market risk: Variable-rate debt remains exposed to LIBOR movements despite interest-rate swaps
  • Financial risk: $465.1 million debt maturities scheduled in 2019

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

Other Healthcare Realty Trust Inc quarterly reports

Ask about this quarter

Compare quarters, check guidance or see what insiders and funds did around the report.