On Feb. 28, American Financial Realty
- Adjusted funds from operations (FFO), a measure of cash flow, fell to $21 million versus $26 million last year.
- The company has struggled, and management deemed it necessary to reposition the portfolio. During the quarter, the company sold 27 properties for $917 million, and it plans to sell off another $575 million worth of property to pay down debt.
- The company's total occupancy was 86.9% at year-end; however, excluding the properties American Financial plans on selling, occupancy was 91.5%.
(Figures in thousands, except per-share data)
Income Statement Highlights
Get back to basics with a look at the income statement.
Balance Sheet Highlights
Cash + ST Invest.
Net Real Estate Investments
Learn the ways of the balance sheet.
Cash Flow Highlights
Find out why Fools always follow the money.
- American Financial's Acceptable Risks
- Something Afoot at American Financial
- American Financial Has More Work to Do
American Financial is a Motley Fool Income Investor recommendation. Try any one of our investing services free for 30 days.
Fool by Numbers is designed to give you the raw earnings information in a timely fashion, putting all the numbers you need in one easy-to-read place. But at The Motley Fool, we believe numbers tell only part of the story, so check Fool.com for more of our in-depth discussion of what the numbers mean.
Fool contributor Emil Lee is an analyst and a disciple of value investing. He doesn't own shares in any of the companies mentioned above. Emil appreciates your comments, concerns, and complaints. The Motley Fool has a disclosure policy.