{"id":9456,"date":"2020-05-06T10:44:00","date_gmt":"2020-05-06T10:44:00","guid":{"rendered":"https:\/\/icrowdnewswire.com\/?p=2542089"},"modified":"2020-05-06T10:44:00","modified_gmt":"2020-05-06T10:44:00","slug":"realty-income-announces-operating-results-for-first-quarter-2020","status":"publish","type":"post","link":"https:\/\/ipsnews.net\/business\/2020\/05\/06\/realty-income-announces-operating-results-for-first-quarter-2020\/","title":{"rendered":"Realty Income Announces Operating Results For First Quarter 2020"},"content":{"rendered":"<p>Realty Income Corporation, The Monthly Dividend Company<sup>&reg;<\/sup>, today announced operating results for the first quarter ended&nbsp;<span class=\"xn-chron\">March 31, 2020<\/span>. All per share amounts presented in this press release are on a diluted per common share basis unless stated otherwise.<\/p>\n<p class=\"prntac\"><strong>COMPANY HIGHLIGHTS<\/strong><strong>:<\/strong><\/p>\n<p><strong>For the quarter ended&nbsp;<span class=\"xn-chron\">March 31, 2020<\/span><\/strong>:<\/p>\n<ul>\n<li>Net income per share was&nbsp;<span class=\"xn-money\">$0.44<\/span><\/li>\n<li>AFFO per share increased 7.3% to&nbsp;<span class=\"xn-money\">$0.88<\/span>, compared to the quarter ended&nbsp;<span class=\"xn-chron\">March 31, 2019<\/span><\/li>\n<li>Invested&nbsp;<span class=\"xn-money\">$486.0 million<\/span>&nbsp;in 65 properties and properties under development or expansion, including&nbsp;<span class=\"xn-money\">$165.6 million<\/span>&nbsp;in four properties in the U.K.<\/li>\n<li>Raised&nbsp;<span class=\"xn-money\">$752.4 million<\/span>&nbsp;from the sale of common stock<\/li>\n<li>Completed the early redemption on all&nbsp;<span class=\"xn-money\">$250.0 million<\/span>&nbsp;in principal amount of the 5.750% Notes due 2021<\/li>\n<\/ul>\n<p><strong>CEO Comments<\/strong><\/p>\n<p>&#8220;First and foremost, our thoughts remain with everyone impacted by the COVID-19 pandemic. As we navigate through the current state of economic volatility and uncertainty, I want to thank my colleagues for their hard work and dedication to help maintain the strength of our business operations,&#8221; said&nbsp;<span class=\"xn-person\">Sumit Roy<\/span>, Realty Income&#8217;s President and Chief Executive Officer. &#8220;We continued the positive momentum into a strong first quarter of 2020, investing&nbsp;<span class=\"xn-money\">$486 million<\/span>&nbsp;in property acquisitions and ending the quarter well-positioned with a modest net debt to EBITDA<em>re&nbsp;<\/em>ratio of 5.0x and a fixed charge coverage ratio of 5.5x, which represents an all-time high. As of&nbsp;<span class=\"xn-chron\">May 1<\/span><sup>st<\/sup>, we had approximately&nbsp;<span class=\"xn-money\">$1.2 billion<\/span>&nbsp;of cash on hand and&nbsp;<span class=\"xn-money\">$1.1 billion<\/span>&nbsp;available on our&nbsp;<span class=\"xn-money\">$3.0 billion<\/span>&nbsp;revolving credit facility, excluding the&nbsp;<span class=\"xn-money\">$1.0 billion<\/span>&nbsp;accordion feature, which we believe provides us significant financial flexibility through the duration of the year.&#8221;<\/p>\n<p>&#8220;We have constructed our real estate portfolio, the majority of which is leased to leading national or multi-national operators, with a focus on economic resiliency. In&nbsp;<span class=\"xn-chron\">April 2020<\/span>, we collected approximately 83% of expected contractual rent, with substantially all the non-collected rent attributed to tenants in the theater, health and fitness, restaurant and child care industries, each of which have been disproportionately impacted by government-mandated closures. We will continue to partner with our tenants to achieve mutually beneficial outcomes during these challenging circumstances and remain committed to creating long-term value for our shareholders.&#8221;<\/p>\n<p><strong>Select Financial Results<\/strong><\/p>\n<p>The following summarizes our select financial results (dollars in millions, except per share data):<\/p>\n<div>\n<div class=\"divOverflow\">\n<div class=\"table-responsive\">\n<table class=\"prntblns\" border=\"0\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td class=\"prngen2\">&nbsp;<\/td>\n<td class=\"prngen3\" colspan=\"7\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\"><strong>Three Months Ended March 31,<\/strong><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">&nbsp;<\/td>\n<td class=\"prngen4\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\"><strong>2020<\/strong><\/span><\/p>\n<\/td>\n<td class=\"prngen4\">&nbsp;<\/td>\n<td class=\"prngen2\">&nbsp;<\/td>\n<td class=\"prngen4\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\"><strong>2019<\/strong><\/span><\/p>\n<\/td>\n<td class=\"prngen4\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnmr4 dnr\"><span class=\"prnews_span\">Total revenue<\/span><\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">414.3<\/span><\/p>\n<\/td>\n<td class=\"prngen6\">&nbsp;<\/td>\n<td class=\"prngen2\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">354.4<\/span><\/p>\n<\/td>\n<td class=\"prngen6\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnmr4 dnr\"><span class=\"prnews_span\">Net income available to common stockholders&nbsp;<sup>(1)(2)<\/sup><\/span><\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">146.8<\/span><\/p>\n<\/td>\n<td class=\"prngen2\">&nbsp;<\/td>\n<td class=\"prngen2\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">110.9<\/span><\/p>\n<\/td>\n<td class=\"prngen2\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnmr4 dnr\"><span class=\"prnews_span\">Net income per share<\/span><\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">0.44<\/span><\/p>\n<\/td>\n<td class=\"prngen2\">&nbsp;<\/td>\n<td class=\"prngen2\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">0.37<\/span><\/p>\n<\/td>\n<td class=\"prngen2\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnmr20 dnr\"><span class=\"prnews_span\">Funds from operations available to common&nbsp;<\/span><span class=\"prnews_span\">stockholders (FFO)&nbsp;<sup>(2)(3)<\/sup><\/span><\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">277.1<\/span><\/p>\n<\/td>\n<td class=\"prngen2\">&nbsp;<\/td>\n<td class=\"prngen2\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">245.7<\/span><\/p>\n<\/td>\n<td class=\"prngen2\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnmr4 dnr\"><span class=\"prnews_span\">FFO per share<\/span><\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">0.82<\/span><\/p>\n<\/td>\n<td class=\"prngen2\">&nbsp;<\/td>\n<td class=\"prngen2\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">0.81<\/span><\/p>\n<\/td>\n<td class=\"prngen2\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Adjusted funds from operations available to common&nbsp;<\/span><span class=\"prnews_span\">stockholders (AFFO)&nbsp;<sup>(3)<\/sup><\/span><\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">297.2<\/span><\/p>\n<\/td>\n<td class=\"prngen2\">&nbsp;<\/td>\n<td class=\"prngen2\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">248.7<\/span><\/p>\n<\/td>\n<td class=\"prngen2\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnmr4 dnr\"><span class=\"prnews_span\">AFFO per share<\/span><\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">0.88<\/span><\/p>\n<\/td>\n<td class=\"prngen2\">&nbsp;<\/td>\n<td class=\"prngen2\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">0.82<\/span><\/p>\n<\/td>\n<td class=\"prngen2\">&nbsp;<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<\/div>\n<div>\n<div class=\"divOverflow\">\n<div class=\"table-responsive\">\n<table id=\"convertedTablea05b\" class=\"prntblns\" border=\"1\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td class=\"prngen7\">&nbsp;<\/td>\n<td class=\"prngen8\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\"><sup>(1)<\/sup><\/span><\/p>\n<\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">The calculation to determine net income for a real estate company includes provisions for impairment, gains on sales of real estate, and foreign currency gains and losses. These items can vary from quarter to quarter and can significantly impact net income and period to period comparisons.<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\"><sup>(2)<\/sup>&nbsp;<\/span><\/p>\n<\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Net income available to common stockholders and FFO in the first three months of 2020 were impacted by a $9.8 million loss on extinguishment of debt due to the January 2020 early redemption of the 5.750% Notes due 2021 and a $3.5 million executive severance charge for our former chief financial officer (CFO).<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\"><sup>(3)<\/sup><sup>&nbsp;<\/sup><\/span><\/p>\n<\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">The company considers FFO and AFFO to be appropriate supplemental measures of a Real Estate Investment Trust&#8217;s (REIT&#8217;s) operating performance. Realty Income defines FFO, a non-GAAP measure, consistent with the National Association of Real Estate Investment Trusts&#8217; (Nareit&#8217;s) definition, as net income available to common stockholders, plus depreciation and amortization of real estate assets, plus impairments of real estate assets, and reduced by gains on property sales. AFFO further adjusts FFO for unique revenue and expense items, which the company believes are not as pertinent to the measurement of the company&#8217;s ongoing operating performance. Presentation of the information regarding FFO and AFFO is intended to assist the reader in comparing the operating performance of different REITs, although it should be noted that not all REITs calculate FFO and AFFO in the same way, so comparisons with other REITs may not be meaningful. FFO and AFFO should not be considered as alternatives to reviewing our cash flows from operating, investing, and financing activities. In addition, FFO and AFFO should not be considered as measures of liquidity, our ability to make cash distributions, or our ability to pay interest payments. See the reconciliations of net income available to common stockholders to FFO and AFFO on pages seven and eight of this press release.<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<\/div>\n<p><strong><em>Dividend Increases<br class=\"dnr\" \/><\/em><\/strong>In&nbsp;<span class=\"xn-chron\">March 2020<\/span>, we announced the 90<sup>th<\/sup>&nbsp;consecutive quarterly dividend increase, which is the 106<sup>th<\/sup>&nbsp;increase in the amount of the dividend since the company&#8217;s listing on the New York Stock Exchange (NYSE) in 1994. The annualized dividend amount as of&nbsp;<span class=\"xn-chron\">March 31, 2020<\/span>&nbsp;was&nbsp;<span class=\"xn-money\">$2.796<\/span>&nbsp;per share. The amount of monthly dividends paid per share increased 3.1% to&nbsp;<span class=\"xn-money\">$0.693<\/span>&nbsp;in the first quarter of 2020, as compared to&nbsp;<span class=\"xn-money\">$0.672<\/span>&nbsp;in the first quarter of 2019. During the first quarter of 2020, the company distributed&nbsp;<span class=\"xn-money\">$233.8 million<\/span>&nbsp;in common dividends to shareholders, representing 78.7% of its AFFO of&nbsp;<span class=\"xn-money\">$297.2 million<\/span>.<\/p>\n<p><strong>Real Estate Portfolio Update<\/strong><\/p>\n<p>As of March&nbsp;31, 2020, our portfolio consisted of 6,525 properties located in 49 U.S. states,&nbsp;<span class=\"xn-location\">Puerto Rico<\/span>&nbsp;and the U.K., and leased to approximately 630 different tenants doing business in 51 industries. The properties are primarily freestanding and leased under long-term, net lease agreements with a weighted average remaining lease term of 9.2&nbsp;years. The company&#8217;s portfolio of commercial real estate has historically provided dependable rental revenue supporting the payment of monthly dividends. As of March&nbsp;31, 2020, portfolio occupancy was 98.5% with 97 properties available for lease out of the 6,525, as compared to 98.6% as of&nbsp;<span class=\"xn-chron\">December 31, 2019<\/span>&nbsp;and 98.3% as of&nbsp;<span class=\"xn-chron\">March 31, 2019<\/span>.<\/p>\n<p><strong><em>Changes in Occupancy<\/em><\/strong><\/p>\n<div>\n<div class=\"divOverflow\">\n<div class=\"table-responsive\">\n<table class=\"prntblns\" border=\"0\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Properties available for lease at December 31, 2019<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">94<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Lease expirations<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">109<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Re-leases to same tenant&nbsp;<sup>(1)<\/sup><\/span><\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">(90)<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Re-leases to new tenant&nbsp;<sup>(1)(2)<\/sup><\/span><\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">(3)<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen11\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Vacant dispositions<\/span><\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">(13)<\/span><\/p>\n<\/td>\n<td class=\"prnsbt1 prnsbr1 prnvab prnsbbs prntar prnpl6 prnsbl1 prnpr8\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prnsbt1 prnsbr1 prnvab prnsbbd prnpl6 prnsbl1 prnpr6\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Properties available for lease at March 31, 2020<\/span><\/p>\n<\/td>\n<td class=\"prngen14\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">97<\/span><\/p>\n<\/td>\n<td class=\"prngen14\">&nbsp;<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<\/div>\n<div>\n<div class=\"divOverflow\">\n<div class=\"table-responsive\">\n<table id=\"convertedTable5704\" class=\"prntblns\" border=\"1\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td class=\"prngen7\">&nbsp;<\/td>\n<td class=\"prngen8\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\"><sup>(1)&nbsp;<\/sup><\/span><\/p>\n<\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">The annual new rent on these re-leases was $17.82 million, as compared to the previous annual rent of $18.0 million on the same properties, representing a rent recapture rate of 99.0% on the properties re-leased during the quarter ended March&nbsp;31, 2020.<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\"><sup>(2)&nbsp;<\/sup><\/span><\/p>\n<\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Re-leased one property to a new tenant without a period of vacancy, and two properties to new tenants after a period of vacancy.<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<\/div>\n<p><strong><em>Investments in Real Estate<br class=\"dnr\" \/><\/em><\/strong>The following table summarizes our acquisitions in the U.S. and U.K. for the periods indicated below:<\/p>\n<div>\n<div class=\"divOverflow\">\n<div class=\"table-responsive\">\n<table class=\"prntblns\" border=\"0\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td class=\"prngen2\">&nbsp;<\/td>\n<td class=\"prngen4\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Number of Properties<\/span><\/p>\n<\/td>\n<td class=\"prngen2\">&nbsp;<\/td>\n<td class=\"prngen4\" colspan=\"2\" nowrap=\"nowrap\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Leasable<br class=\"dnr\" \/>Square Feet<\/span><\/p>\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">(in millions)<\/span><\/p>\n<\/td>\n<td class=\"prngen2\">&nbsp;<\/td>\n<td class=\"prngen4\" colspan=\"3\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Investment<\/span><\/p>\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">($ in millions)<\/span><\/p>\n<\/td>\n<td class=\"prngen2\">&nbsp;<\/td>\n<td class=\"prngen4\" colspan=\"2\" nowrap=\"nowrap\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Weighted<br class=\"dnr\" \/>Average<br class=\"dnr\" \/>Lease Term<br class=\"dnr\" \/>(Years)<\/span><\/p>\n<\/td>\n<td class=\"prngen2\">&nbsp;<\/td>\n<td class=\"prngen4\" colspan=\"2\" nowrap=\"nowrap\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Initial Average<br class=\"dnr\" \/>Cash Lease<br class=\"dnr\" \/>Yield<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\"><strong>Three months ended March 31, 2020<\/strong><\/span><\/p>\n<\/td>\n<td class=\"prngen2\" colspan=\"2\">&nbsp;<\/td>\n<td class=\"prngen2\">&nbsp;<\/td>\n<td class=\"prngen2\" colspan=\"2\">&nbsp;<\/td>\n<td class=\"prngen2\">&nbsp;<\/td>\n<td class=\"prngen2\" colspan=\"3\">&nbsp;<\/td>\n<td class=\"prngen2\">&nbsp;<\/td>\n<td class=\"prngen2\" colspan=\"2\">&nbsp;<\/td>\n<td class=\"prngen2\">&nbsp;<\/td>\n<td class=\"prngen2\" colspan=\"2\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Acquisitions &#8211; U.S.&nbsp;<em>(in 22 states)<\/em><\/span><\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">54<\/span><\/p>\n<\/td>\n<td class=\"prngen2\">&nbsp;<\/td>\n<td class=\"prngen2\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">1.4<\/span><\/p>\n<\/td>\n<td class=\"prngen2\">&nbsp;<\/td>\n<td class=\"prngen2\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">318.3<\/span><\/p>\n<\/td>\n<td class=\"prngen2\">&nbsp;<\/td>\n<td class=\"prngen2\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">14.8<\/span><\/p>\n<\/td>\n<td class=\"prngen2\">&nbsp;<\/td>\n<td class=\"prngen2\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">6.5<\/span><\/p>\n<\/td>\n<td class=\"prngen15\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">%<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Acquisitions &#8211; U.K.&nbsp;<sup>(1)<\/sup><\/span><\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">4<\/span><\/p>\n<\/td>\n<td class=\"prngen4\">&nbsp;<\/td>\n<td class=\"prngen2\">&nbsp;<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">0.4<\/span><\/p>\n<\/td>\n<td class=\"prngen4\">&nbsp;<\/td>\n<td class=\"prngen2\">&nbsp;<\/td>\n<td class=\"prngen4\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">165.6<\/span><\/p>\n<\/td>\n<td class=\"prngen4\">&nbsp;<\/td>\n<td class=\"prngen2\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">12.5<\/span><\/p>\n<\/td>\n<td class=\"prngen2\">&nbsp;<\/td>\n<td class=\"prngen2\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">5.1<\/span><\/p>\n<\/td>\n<td class=\"prngen15\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">%<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Total Acquisitions<\/span><\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">58<\/span><\/p>\n<\/td>\n<td class=\"prngen2\">&nbsp;<\/td>\n<td class=\"prngen2\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">1.8<\/span><\/p>\n<\/td>\n<td class=\"prngen2\">&nbsp;<\/td>\n<td class=\"prngen2\">&nbsp;<\/td>\n<td class=\"prngen2\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">483.9<\/span><\/p>\n<\/td>\n<td class=\"prngen2\">&nbsp;<\/td>\n<td class=\"prngen2\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">14.2<\/span><\/p>\n<\/td>\n<td class=\"prngen2\">&nbsp;<\/td>\n<td class=\"prngen2\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">6.0<\/span><\/p>\n<\/td>\n<td class=\"prngen15\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">%<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Properties under Development &#8211; U.S.<\/span><\/p>\n<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">7<\/span><\/p>\n<\/td>\n<td class=\"prngen4\">&nbsp;<\/td>\n<td class=\"prngen2\">&nbsp;<\/td>\n<td class=\"prngen4\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">0.2<\/span><\/p>\n<\/td>\n<td class=\"prngen4\">&nbsp;<\/td>\n<td class=\"prngen2\">&nbsp;<\/td>\n<td class=\"prngen4\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">2.1<\/span><\/p>\n<\/td>\n<td class=\"prngen4\">&nbsp;<\/td>\n<td class=\"prngen2\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">10.6<\/span><\/p>\n<\/td>\n<td class=\"prngen2\">&nbsp;<\/td>\n<td class=\"prngen2\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">7.5<\/span><\/p>\n<\/td>\n<td class=\"prngen15\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">%<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Total&nbsp;<sup>(2)<\/sup><\/span><\/p>\n<\/td>\n<td class=\"prngen16\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">65<\/span><\/p>\n<\/td>\n<td class=\"prngen16\">&nbsp;<\/td>\n<td class=\"prngen2\">&nbsp;<\/td>\n<td class=\"prngen16\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">2.0<\/span><\/p>\n<\/td>\n<td class=\"prngen16\">&nbsp;<\/td>\n<td class=\"prngen2\">&nbsp;<\/td>\n<td class=\"prngen16\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen16\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">486.0<\/span><\/p>\n<\/td>\n<td class=\"prngen16\">&nbsp;<\/td>\n<td class=\"prngen2\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">14.1<\/span><\/p>\n<\/td>\n<td class=\"prngen2\">&nbsp;<\/td>\n<td class=\"prngen2\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">6.0<\/span><\/p>\n<\/td>\n<td class=\"prngen15\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">%<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">&nbsp;<\/td>\n<td class=\"prngen2\" colspan=\"2\">&nbsp;<\/td>\n<td class=\"prngen2\">&nbsp;<\/td>\n<td class=\"prngen2\" colspan=\"2\">&nbsp;<\/td>\n<td class=\"prngen2\">&nbsp;<\/td>\n<td class=\"prngen2\" colspan=\"3\">&nbsp;<\/td>\n<td class=\"prngen2\">&nbsp;<\/td>\n<td class=\"prngen2\" colspan=\"2\">&nbsp;<\/td>\n<td class=\"prngen2\">&nbsp;<\/td>\n<td class=\"prngen2\" colspan=\"2\">&nbsp;<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<\/div>\n<div>\n<div class=\"divOverflow\">\n<div class=\"table-responsive\">\n<table id=\"convertedTable4df5\" class=\"prntblns\" border=\"1\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td class=\"prngen7\">&nbsp;<\/td>\n<td class=\"prngen8\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\"><sup>(1)&nbsp;<\/sup><\/span><\/p>\n<\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Represents investments of &pound;133.3 million Sterling during the quarter ended March 31, 2020 converted at the applicable exchange rate on the date of acquisition.<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\"><sup>(2)&nbsp;<\/sup><\/span><\/p>\n<\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">The tenants occupying the new properties operate in 17 industries, and are 95.4% retail and 4.6% industrial, based on rental revenue. Approximately 36% of the rental revenue generated from acquisitions during the first quarter of 2020 is from investment grade rated tenants, their subsidiaries or affiliated companies.<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<\/div>\n<p><strong><em>Rent Increases<br class=\"dnr\" \/><\/em><\/strong>The following summarizes our same store rents on 5,535 properties under lease (dollars in millions):<\/p>\n<div>\n<div class=\"divOverflow\">\n<div class=\"table-responsive\">\n<table class=\"prntblns\" border=\"0\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td class=\"prngen2\">&nbsp;<\/td>\n<td class=\"prngen3\" colspan=\"7\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\"><strong>Three Months Ended March 31,<\/strong><\/span><\/p>\n<\/td>\n<td class=\"prngen2\">&nbsp;<\/td>\n<td class=\"prngen11\" colspan=\"2\" rowspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\"><strong>Increase<\/strong><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">&nbsp;<\/td>\n<td class=\"prngen4\" colspan=\"3\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\"><strong>2020<\/strong><\/span><\/p>\n<\/td>\n<td class=\"prngen2\">&nbsp;<\/td>\n<td class=\"prngen4\" colspan=\"3\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\"><strong>2019<\/strong><\/span><\/p>\n<\/td>\n<td class=\"prngen2\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnmr4 dnr\"><span class=\"prnews_span\">Rental Revenue<\/span><\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">321.5<\/span><\/p>\n<\/td>\n<td class=\"prngen6\">&nbsp;<\/td>\n<td class=\"prngen2\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen6\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">320.8<\/span><\/p>\n<\/td>\n<td class=\"prngen6\">&nbsp;<\/td>\n<td class=\"prngen2\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">0.2<\/span><\/p>\n<\/td>\n<td class=\"prnsbts prnsbr1 prnvab prnsbb1 prntal prnpl6 prnsbl1 prnpr6\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">%<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen2\">&nbsp;<\/td>\n<td class=\"prngen2\">&nbsp;<\/td>\n<td class=\"prngen2\">&nbsp;<\/td>\n<td class=\"prngen2\">&nbsp;<\/td>\n<td class=\"prngen2\">&nbsp;<\/td>\n<td class=\"prngen2\">&nbsp;<\/td>\n<td class=\"prngen2\">&nbsp;<\/td>\n<td class=\"prngen2\">&nbsp;<\/td>\n<td class=\"prngen2\">&nbsp;<\/td>\n<td class=\"prngen2\">&nbsp;<\/td>\n<td class=\"prngen2\">&nbsp;<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<\/div>\n<p><strong><em>Property Dispositions<br class=\"dnr\" \/><\/em><\/strong>The following summarizes our property dispositions (dollars in millions):<\/p>\n<div>\n<div class=\"divOverflow\">\n<div class=\"table-responsive\">\n<table class=\"prntblns\" border=\"0\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td class=\"prngen2\">&nbsp;<\/td>\n<td class=\"prngen2\" colspan=\"3\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\"><strong>Three Months Ended<\/strong><\/span><\/p>\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\"><strong>March 31, 2020<\/strong><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnmr4 dnr\"><span class=\"prnews_span\">Properties sold<\/span><\/p>\n<\/td>\n<td class=\"prngen6\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">17<\/span><\/p>\n<\/td>\n<td class=\"prngen6\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnmr4 dnr\"><span class=\"prnews_span\">Net sales proceeds<\/span><\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">126.2<\/span><\/p>\n<\/td>\n<td class=\"prngen2\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnmr4 dnr\"><span class=\"prnews_span\">Gain on sales of real estate<\/span><\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">38.5<\/span><\/p>\n<\/td>\n<td class=\"prngen2\">&nbsp;<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<\/div>\n<p><strong>Liquidity and Capital Markets<\/strong><\/p>\n<p><strong><em>Equity Capital Raising<br class=\"dnr\" \/><\/em><\/strong>During the quarter ended&nbsp;<span class=\"xn-chron\">March 31, 2020<\/span>, we raised&nbsp;<span class=\"xn-money\">$752.4 million<\/span>&nbsp;from the sale of common stock at a weighted average price of&nbsp;<span class=\"xn-money\">$77.37<\/span>&nbsp;per share, primarily from 9,690,500 shares issued in a&nbsp;<span class=\"xn-chron\">March 2020<\/span>&nbsp;overnight underwritten public offering, including 690,500 shares purchased by the underwriters upon the exercise of their option to purchase additional shares.<\/p>\n<p><strong><em>Credit Facility<br class=\"dnr\" \/><\/em><\/strong>We have a&nbsp;<span class=\"xn-money\">$3.0 billion<\/span>&nbsp;unsecured revolving credit facility, with an initial term that expires in&nbsp;<span class=\"xn-chron\">March 2023<\/span>&nbsp;(subject to two six-month options to extend). The revolving credit facility also has a&nbsp;<span class=\"xn-money\">$1.0 billion<\/span>&nbsp;expansion feature. As of&nbsp;<span class=\"xn-chron\">March 31, 2020<\/span>, the balance of borrowings outstanding under our revolving credit facility was&nbsp;<span class=\"xn-money\">$615.2 million<\/span>. On April&nbsp;9, 2020, we borrowed an additional&nbsp;<span class=\"xn-money\">$1.2 billion<\/span>&nbsp;on our credit facility to increase our cash position to&nbsp;<span class=\"xn-money\">$1.25 billion<\/span>&nbsp;as a conservative measure due to COVID&ndash;19.<\/p>\n<p>As of&nbsp;<span class=\"xn-chron\">May 1, 2020<\/span>, we had&nbsp;<span class=\"xn-money\">$1.9 billion<\/span>&nbsp;of borrowings outstanding under our revolving credit line, with a remaining available capacity of&nbsp;<span class=\"xn-money\">$1.1 billion<\/span>. The revolving credit facility also has a&nbsp;<span class=\"xn-money\">$1.0 billion<\/span>&nbsp;expansion feature, which is subject to obtaining lender commitments.<\/p>\n<p><strong><em>Early Redemption of 5.75% Notes Due&nbsp;<span class=\"xn-chron\">January 2021<\/span><br class=\"dnr\" \/><\/em><\/strong>In&nbsp;<span class=\"xn-chron\">January 2020<\/span>, we completed the early redemption on all&nbsp;<span class=\"xn-money\">$250.0 million<\/span>&nbsp;in principal amount of our outstanding 5.750% Notes due&nbsp;<span class=\"xn-chron\">January 2021<\/span>, plus accrued and unpaid interest. As a result of the early redemption, we recognized a&nbsp;<span class=\"xn-money\">$9<\/span>.8&nbsp;million loss on extinguishment of debt during the first quarter of 2020.<\/p>\n<p><strong>Impact of COVID-19<\/strong><\/p>\n<p>On&nbsp;<span class=\"xn-chron\">April 9, 2020<\/span>&nbsp;we withdrew our 2020 guidance that was provided on&nbsp;<span class=\"xn-chron\">February 19, 2020<\/span>&nbsp;due to the ongoing uncertainty regarding the impact of the COVID-19 pandemic and the measures taken to limit its spread. We are continuing to evaluate these impacts on our business as the situation continues to evolve and feel it is not prudent to provide revised guidance at this time.<\/p>\n<p>As of&nbsp;<span class=\"xn-chron\">May 1, 2020<\/span>:<\/p>\n<ul>\n<li>We have collected 82.9% of contractual rent<sup>(1)<\/sup>&nbsp;due for the month of&nbsp;<span class=\"xn-chron\">April 2020<\/span>&nbsp;across our total portfolio;<\/li>\n<li>We are in rent deferral discussions with tenants that account for a majority of the unpaid contractual rent for the month of&nbsp;<span class=\"xn-chron\">April 2020<\/span>, as well as certain tenants that did pay April contractual rent;<\/li>\n<li>We have collected 82.9% of contractual rent due for the month of&nbsp;<span class=\"xn-chron\">April 2020<\/span>&nbsp;from our top 20 tenants<sup>(2)<\/sup>; and<\/li>\n<li>We have collected 99.9% of contractual rent due for the month of April from 2020 our investment grade tenants<sup>(3)<\/sup>.<\/li>\n<\/ul>\n<div>\n<div class=\"divOverflow\">\n<div class=\"table-responsive\">\n<table id=\"convertedTable6ad8\" class=\"prntblns\" border=\"1\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td class=\"prngen18\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\"><sup>(1)<\/sup><\/span><\/p>\n<\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Contractual rent is the aggregate cash amount charged to tenants inclusive of April monthly base rent receivables, offset by applicable discounts or credits. U.K. rent (which is payable in pounds Sterling) was converted at the exchange rate in effect on May 1, 2020.<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen18\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\"><sup>(2)<\/sup><\/span><\/p>\n<\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">We define top 20 tenants as our 20 largest tenants based on percentage of total portfolio annualized rental revenue.<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen18\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\"><sup>(3)<\/sup><\/span><\/p>\n<\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">We define investment grade tenants as tenants with a credit rating, and tenants that are subsidiaries or affiliates of companies with a credit rating, of Baa3\/BBB- or higher from one of the three major rating agencies (Moody&#8217;s\/S&amp;P\/Fitch).<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<\/div>\n<p>Additional detail on April rent collections can be found in Realty Income&#8217;s supplemental materials available on Realty Income&#8217;s corporate website at&nbsp;www.realtyincome.com\/investors\/financial-information\/quarterly-results.<\/p>\n<p><strong>Conference Call Information<\/strong><\/p>\n<p>In conjunction with the release of our operating results, we will host a conference call on&nbsp;<span class=\"xn-chron\">May 5, 2020<\/span>&nbsp;at&nbsp;<span class=\"xn-chron\">11:30 a.m. PT<\/span>&nbsp;to discuss the results. To access the conference, dial (877) 701-6180. When prompted, provide the conference ID 2238836.<\/p>\n<p>A telephone replay of the conference call can also be accessed by calling&nbsp;(800) 585-8367 and entering the passcode 2238836. The telephone replay will be available through&nbsp;May 19, 2020. A live webcast will be available in listen-only mode by clicking on the webcast link on the company&#8217;s home page or in the investors section at&nbsp;www.realtyincome.com.<\/p>\n<p>A replay of the conference call webcast will be available approximately one hour after the conclusion of the live broadcast. The webcast replay will be available through&nbsp;<span class=\"xn-chron\">May 19, 2020<\/span>. No access code is required for this replay.<\/p>\n<p><strong>Supplemental Materials<\/strong><\/p>\n<p>Supplemental materials on first quarter operating results are available on our corporate website at&nbsp;www.realtyincome.com\/investors\/financial-information\/quarterly-results.<\/p>\n<p><strong>About Realty Income<\/strong><\/p>\n<p>Realty Income, The Monthly Dividend Company<sup>&reg;<\/sup>, is an S&amp;P 500 company dedicated to providing stockholders with dependable monthly income. The company is structured as a REIT, and its monthly dividends are supported by the cash flow from over 6,500 real estate properties owned under long-term lease agreements with commercial tenants. To date, the company has declared 598 consecutive common stock monthly dividends throughout its 51-year operating history and increased the dividend 106 times since Realty Income&#8217;s public listing in 1994 (NYSE:&nbsp;O). The company is a member of the S&amp;P 500 Dividend Aristocrats<sup>&reg;<\/sup>&nbsp;index. Additional information about the company can be obtained from the corporate website at&nbsp;www.realtyincome.com.<\/p>\n<p><strong>Forward-Looking Statements<\/strong><\/p>\n<p>Statements in this press release that are not strictly historical are &#8220;forward-looking&#8221; statements. Forward-looking statements involve known and unknown risks, which may cause the company&#8217;s actual future results to differ materially from expected results. These risks include, among others, general economic conditions, domestic and foreign real estate conditions, tenant financial health, the availability of capital to finance planned growth, volatility and uncertainty in the credit markets and broader financial markets, changes in foreign currency exchange rates, property acquisitions and the timing of these acquisitions, charges for property impairments, the effects of the COVID-19 pandemic and the measures taken to limit its impact, the effects of pandemics or global outbreaks of contagious diseases or fear of such outbreaks, the company&#8217;s tenants&#8217; ability to adequately manage its properties and fulfill their respective lease obligations to the company, and the outcome of any legal proceedings to which the company is a party, as described in the company&#8217;s filings with the Securities and Exchange Commission. Consequently, forward-looking statements should be regarded solely as reflections of the company&#8217;s current operating plans and estimates. Actual operating results may differ materially from what is expressed or forecast in this press release. The company undertakes no obligation to publicly release the results of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date these statements were made.<\/p>\n<div>\n<div class=\"divOverflow\">\n<div class=\"table-responsive\">\n<table id=\"convertedTable7404\" class=\"prntblns\" border=\"1\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td class=\"prngen3\" colspan=\"9\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\"><strong>CONSOLIDATED STATEMENTS OF INCOME<\/strong><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen3\" colspan=\"9\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">(dollars in thousands, except per share amounts) (unaudited)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen10\" colspan=\"9\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen2\" colspan=\"3\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Three Months<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen2\" colspan=\"3\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Three Months<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen19\" colspan=\"3\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Ended 3\/31\/20<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen19\" colspan=\"3\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Ended 3\/31\/19<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">REVENUE<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"3\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"3\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Rental (including reimbursable)<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">412,157<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">354,037<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Other<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen20\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">2,184<\/span><\/p>\n<\/td>\n<td class=\"prngen20\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen20\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">328<\/span><\/p>\n<\/td>\n<td class=\"prngen20\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnml20 dnr\"><span class=\"prnews_span\">Total revenue<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen20\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">414,341<\/span><\/p>\n<\/td>\n<td class=\"prngen20\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen20\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">354,365<\/span><\/p>\n<\/td>\n<td class=\"prngen20\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"3\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"3\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">EXPENSES<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"3\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"3\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Depreciation and amortization<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">164,585<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">137,517<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Interest<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">75,925<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">70,020<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Property (including reimbursable)<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">25,606<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">21,636<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">General and administrative<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">20,964<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">15,108<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Income taxes<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">2,763<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">1,445<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Provisions for impairment<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen20\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">4,478<\/span><\/p>\n<\/td>\n<td class=\"prngen20\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen20\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">4,672<\/span><\/p>\n<\/td>\n<td class=\"prngen20\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnml20 dnr\"><span class=\"prnews_span\">Total expenses<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen20\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">294,321<\/span><\/p>\n<\/td>\n<td class=\"prngen20\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen20\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">250,398<\/span><\/p>\n<\/td>\n<td class=\"prngen20\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnml20 dnr\"><span class=\"prnews_span\">Gain on sales of real estate<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">38,506<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">7,263<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnml20 dnr\"><span class=\"prnews_span\">Foreign currency and derivative losses, net<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen2\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">(1,564)<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">&mdash;<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnml20 dnr\"><span class=\"prnews_span\">Loss on extinguishment of debt<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen19\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">(9,819)<\/span><\/p>\n<\/td>\n<td class=\"prngen20\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen20\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">&mdash;<\/span><\/p>\n<\/td>\n<td class=\"prngen20\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Net income<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">147,143<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">111,230<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Net income attributable to noncontrolling interests<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen19\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">(316)<\/span><\/p>\n<\/td>\n<td class=\"prngen20\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen19\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">(288)<\/span><\/p>\n<\/td>\n<td class=\"prngen20\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Net income available to common stockholders<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen21\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen21\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">146,827<\/span><\/p>\n<\/td>\n<td class=\"prngen21\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen21\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen22\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">110,942<\/span><\/p>\n<\/td>\n<td class=\"prngen21\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"3\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"3\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Funds from operations available to common stockholders (FFO)<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">277,104<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">245,675<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Adjusted funds from operations available to common stockholders (AFFO)<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">297,223<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">248,734<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"3\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"3\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Per share information for common stockholders:<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"3\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"3\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Net income:<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"3\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"3\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnml20 dnr\"><span class=\"prnews_span\">Basic and Diluted<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">0.44<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">0.37<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"3\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"3\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">FFO:<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"3\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"3\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnml20 dnr\"><span class=\"prnews_span\">Basic and Diluted<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">0.82<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">0.81<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"3\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"3\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">AFFO:<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"3\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"3\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnml20 dnr\"><span class=\"prnews_span\">Basic and Diluted<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">0.88<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">0.82<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"3\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"3\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Cash dividends paid per common share<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">0.693<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">0.672<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<\/div>\n<div>\n<div class=\"divOverflow\">\n<div class=\"table-responsive\">\n<table id=\"convertedTable61c8\" class=\"prntblns\" border=\"1\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td class=\"prngen3\" colspan=\"9\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\"><strong>FUNDS FROM OPERATIONS (FFO)<\/strong><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen3\" colspan=\"9\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">(dollars in thousands, except per share amounts)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen10\" colspan=\"9\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen15\" colspan=\"9\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">We define FFO, a non-GAAP measure, consistent with Nareit&#8217;s definition, as net income available to common stockholders, plus depreciation and amortization of real estate assets, plus impairments of real estate assets, reduced by gains on real estate sales.<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen10\" colspan=\"9\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen2\" colspan=\"3\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Three Months<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen2\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Three Months<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen19\" colspan=\"3\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Ended 3\/31\/20<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen19\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Ended 3\/31\/19<\/span><\/p>\n<\/td>\n<td class=\"prngen20\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"3\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"3\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Net income available to common stockholders<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">146,827<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">110,942<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Depreciation and amortization<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">164,585<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">137,517<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Depreciation of furniture, fixtures and equipment<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen2\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">(126)<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen2\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">(155)<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Provisions for impairment<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">4,478<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">4,672<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Gain on sales of real estate<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen2\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">(38,506)<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen2\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">(7,263)<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">FFO adjustments allocable to noncontrolling interests<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen19\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">(154)<\/span><\/p>\n<\/td>\n<td class=\"prngen20\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen19\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">(38)<\/span><\/p>\n<\/td>\n<td class=\"prngen20\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">FFO available to common stockholders<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen20\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen23\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">277,104<\/span><\/p>\n<\/td>\n<td class=\"prngen20\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen20\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen23\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">245,675<\/span><\/p>\n<\/td>\n<td class=\"prngen20\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">FFO allocable to dilutive noncontrolling interests<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen20\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">369<\/span><\/p>\n<\/td>\n<td class=\"prngen20\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen20\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">&mdash;<\/span><\/p>\n<\/td>\n<td class=\"prngen20\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Diluted FFO<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen21\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen21\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">277,473<\/span><\/p>\n<\/td>\n<td class=\"prngen21\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen21\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen22\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">245,675<\/span><\/p>\n<\/td>\n<td class=\"prngen21\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"3\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"3\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">FFO per common share, basic and diluted<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">0.82<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">0.81<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"3\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"3\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Distributions paid to common stockholders<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">233,824<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">204,546<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"3\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"3\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">FFO available to common stockholders in excess of distributions paid to common stockholders<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">43,280<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">41,129<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"3\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"3\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Weighted average number of common shares used for FFO:<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"3\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"3\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnml10 dnr\"><span class=\"prnews_span\">Basic<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">336,624,567<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">303,528,336<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnml10 dnr\"><span class=\"prnews_span\">Diluted<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">337,439,634<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">303,819,878<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<\/div>\n<div>\n<div class=\"divOverflow\">\n<div class=\"table-responsive\">\n<table id=\"convertedTable608b\" class=\"prntblns\" border=\"1\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td class=\"prngen3\" colspan=\"9\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\"><strong>ADJUSTED FUNDS FROM OPERATIONS (AFFO)<\/strong><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen3\" colspan=\"9\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">(dollars in thousands, except per share amounts)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen10\" colspan=\"9\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\" colspan=\"9\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">We define AFFO as FFO adjusted for unique revenue and expense items, which the company believes are not as pertinent to the measurement of the company&#8217;s ongoing operating performance.&nbsp; Most companies in our industry use a similar measurement to AFFO, but they may use the term &#8220;CAD&#8221; (for Cash Available for Distribution) or &#8220;FAD&#8221; (for Funds Available for Distribution).<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen10\" colspan=\"9\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen2\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Three Months<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen2\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Three Months<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen19\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Ended 3\/31\/20<\/span><\/p>\n<\/td>\n<td class=\"prngen20\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen19\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Ended 3\/31\/19<\/span><\/p>\n<\/td>\n<td class=\"prngen20\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Net income available to common stockholders<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen24\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">146,827<\/span><\/p>\n<\/td>\n<td class=\"prngen24\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen24\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">110,942<\/span><\/p>\n<\/td>\n<td class=\"prngen24\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Cumulative adjustments to calculate FFO&nbsp;<sup>(1)<\/sup><\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen20\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">130,277<\/span><\/p>\n<\/td>\n<td class=\"prngen20\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen20\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">134,733<\/span><\/p>\n<\/td>\n<td class=\"prngen20\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">FFO available to common stockholders<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">277,104<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">245,675<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Executive severance charge&nbsp;<sup>(2)<\/sup><\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">3,463<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">&mdash;<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Loss on extinguishment of debt<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">9,819<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">&mdash;<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Amortization of share-based compensation<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">3,742<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">2,764<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Amortization of deferred financing costs&nbsp;<sup>(3)<\/sup><\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">1,360<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">1,040<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Amortization of net mortgage premiums<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen2\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">(354)<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen2\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">(354)<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Loss on interest rate swaps<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">686<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">678<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Straight-line payments from cross-currency swaps&nbsp;<sup>(4)<\/sup><\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">723<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">&mdash;<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Leasing costs and commissions<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen2\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">(138)<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen2\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">(323)<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Recurring capital expenditures<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">&mdash;<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen2\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">(56)<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Straight-line rent<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen2\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">(7,782)<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen2\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">(4,862)<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Amortization of above and below-market leases<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">6,430<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">4,114<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Other adjustments&nbsp;<sup>(5)<\/sup><\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen20\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">2,170<\/span><\/p>\n<\/td>\n<td class=\"prngen20\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen20\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">58<\/span><\/p>\n<\/td>\n<td class=\"prngen20\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">AFFO available to common stockholders<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen20\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen23\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">297,223<\/span><\/p>\n<\/td>\n<td class=\"prngen20\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen20\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen23\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">248,734<\/span><\/p>\n<\/td>\n<td class=\"prngen20\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">AFFO allocable to dilutive noncontrolling interests<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen20\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">376<\/span><\/p>\n<\/td>\n<td class=\"prngen20\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen20\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">&mdash;<\/span><\/p>\n<\/td>\n<td class=\"prngen20\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Diluted AFFO<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen21\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen21\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">297,599<\/span><\/p>\n<\/td>\n<td class=\"prngen21\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen21\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen21\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">248,734<\/span><\/p>\n<\/td>\n<td class=\"prngen21\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"3\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"3\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">AFFO per common share, basic and diluted<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">0.88<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">0.82<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"3\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"3\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Distributions paid to common stockholders<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">233,824<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">204,546<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"3\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"3\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">AFFO available to common stockholders in excess of distributions paid to common stockholders<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">63,399<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">44,188<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"3\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"3\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\" colspan=\"5\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Weighted average number of common shares used for AFFO:<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"3\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnml10 dnr\"><span class=\"prnews_span\">Basic<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">336,624,567<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">303,528,336<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnml10 dnr\"><span class=\"prnews_span\">Diluted<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">337,439,634<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">303,819,878<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<\/div>\n<div>\n<div class=\"divOverflow\">\n<div class=\"table-responsive\">\n<table id=\"convertedTableb88b\" class=\"prntblns\" border=\"1\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td class=\"prngen7\">&nbsp;<\/td>\n<td class=\"prngen8\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen18\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\"><sup>(1)<\/sup><\/span><\/p>\n<\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">See FFO calculation on page&nbsp;seven for reconciling items.<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen18\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\"><sup>(2)<\/sup><\/span><\/p>\n<\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">The executive severance charge represents the incremental costs incurred upon our former CFO&#8217;s departure in March 2020, consisting of $1.6 million of cash, $1.8 million of share-based compensation expense and $58,000 of professional fees.<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen18\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\"><sup>(3)<\/sup><\/span><\/p>\n<\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Includes the amortization of costs incurred and capitalized upon issuance of our notes payable, assumption of our mortgages payable and issuance of our term loans. The deferred financing costs are being amortized over the lives of the respective notes payable, mortgages and term loans.&nbsp;No costs associated with our credit facility agreements or annual fees paid to credit rating agencies have been included.<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen18\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\"><sup>(4)<\/sup><\/span><\/p>\n<\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Straight-line payments from cross-currency swaps represent quarterly payments in U.S. dollars received by us from counterparties in exchange for associated foreign currency payments. These USD payments are fixed and determinable for the duration of the associated hedging transaction.<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen18\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\"><sup>(5)<\/sup><\/span><\/p>\n<\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Includes adjustments allocable to noncontrolling interests, obligations related to financing lease liabilities, and foreign currency gains and losses as a result of intercompany debt and remeasurement transactions.<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<\/div>\n<div>\n<div class=\"divOverflow\">\n<div class=\"table-responsive\">\n<table id=\"convertedTable9f79\" class=\"prntblns\" border=\"1\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td class=\"prngen3\" colspan=\"21\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\"><strong>HISTORICAL FFO AND AFFO<\/strong><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen3\" colspan=\"21\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">(dollars in thousands, except per share amounts)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen10\" colspan=\"21\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">For the three months ended March 31,<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"3\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">2020<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"3\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">2019<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"3\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">2018<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"3\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">2017<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"3\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">2016<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"3\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"3\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"3\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"3\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"3\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Net income available to common stockholders<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">146,827<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">110,942<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">83,163<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">71,586<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">63,473<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Depreciation and amortization, net of furniture, fixtures and equipment<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">164,459<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">137,362<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">130,944<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">120,940<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">107,740<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Provisions for impairment<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">4,478<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">4,672<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">14,221<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">5,433<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">1,923<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Gain on sales of real estate<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen2\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">(38,506)<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen2\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">(7,263)<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen2\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">(3,218)<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen2\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">(10,532)<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen2\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">(2,289)<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">FFO adjustments allocable to noncontrolling interests<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen19\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">(154)<\/span><\/p>\n<\/td>\n<td class=\"prngen20\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen19\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">(38)<\/span><\/p>\n<\/td>\n<td class=\"prngen20\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen19\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">(228)<\/span><\/p>\n<\/td>\n<td class=\"prngen20\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen19\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">(214)<\/span><\/p>\n<\/td>\n<td class=\"prngen20\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen19\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">(218)<\/span><\/p>\n<\/td>\n<td class=\"prngen20\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"3\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"3\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"3\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"3\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"3\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">FFO<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">277,104<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">245,675<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">224,882<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">187,213<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">170,629<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"3\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"3\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"3\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"3\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"3\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">FFO per diluted share<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">0.82<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">0.81<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">0.79<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">0.71<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">0.68<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"3\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"3\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"3\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"3\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"3\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">AFFO<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">297,223<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">248,734<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">224,560<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">201,336<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">175,918<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"3\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"3\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"3\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"3\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"3\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">AFFO per diluted share<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">0.88<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">0.82<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">0.79<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">0.76<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">0.70<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"3\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"3\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"3\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"3\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"3\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Cash dividends paid per share<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">0.693<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">0.672<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">0.651<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">0.624<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">0.588<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"3\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"3\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"3\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"3\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"3\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Weighted average diluted shares outstanding &#8211; FFO<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">337,439,634<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">303,819,878<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">284,345,328<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">263,934,304<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">250,381,001<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"3\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"3\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"3\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"3\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"3\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Weighted average diluted shares outstanding &#8211; AFFO<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">337,439,634<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">303,819,878<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">284,345,328<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">264,022,486<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">250,381,001<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<\/div>\n<div>\n<div class=\"divOverflow\">\n<div class=\"table-responsive\">\n<table id=\"convertedTable17aa\" class=\"prntblns\" border=\"1\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td class=\"prngen3\" colspan=\"9\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">REALTY INCOME CORPORATION AND SUBSIDIARIES<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen3\" colspan=\"9\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\"><strong>CONSOLIDATED BALANCE SHEETS<\/strong><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen3\" colspan=\"9\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">(dollars in thousands, except per share data) (unaudited)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prnsbtb1 prnrbrb1 prnvab prnsbbs prntar prnpl10 prnsblb1 prnpr8\">&nbsp;<\/td>\n<td class=\"prngen20\">&nbsp;<\/td>\n<td class=\"prngen26\" colspan=\"3\" nowrap=\"nowrap\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">March 31, 2020<\/span><\/p>\n<\/td>\n<td class=\"prngen20\">&nbsp;<\/td>\n<td class=\"prngen26\" colspan=\"3\" nowrap=\"nowrap\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">December 31, 2019<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">ASSETS<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"3\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"3\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Real estate held for investment, at cost:<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"3\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"3\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnml10 dnr\"><span class=\"prnews_span\">Land<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">5,742,023<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">5,684,034<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen27\">\n<p class=\"prnml10 dnr\"><span class=\"prnews_span\">Buildings and improvements<\/span><\/p>\n<\/td>\n<td class=\"prngen20\">&nbsp;<\/td>\n<td class=\"prngen20\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">14,070,733<\/span><\/p>\n<\/td>\n<td class=\"prngen20\">&nbsp;<\/td>\n<td class=\"prngen20\">&nbsp;<\/td>\n<td class=\"prngen20\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">13,833,882<\/span><\/p>\n<\/td>\n<td class=\"prngen20\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnml10 dnr\"><span class=\"prnews_span\">Total real estate held for investment, at cost<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">19,812,756<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">19,517,916<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen27\">\n<p class=\"prnml10 dnr\"><span class=\"prnews_span\">Less accumulated depreciation and amortization<\/span><\/p>\n<\/td>\n<td class=\"prngen20\">&nbsp;<\/td>\n<td class=\"prngen19\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">(3,242,175)<\/span><\/p>\n<\/td>\n<td class=\"prngen20\">&nbsp;<\/td>\n<td class=\"prngen20\">&nbsp;<\/td>\n<td class=\"prngen19\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">(3,117,919)<\/span><\/p>\n<\/td>\n<td class=\"prngen20\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnml10 dnr\"><span class=\"prnews_span\">Real estate held for investment, net<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">16,570,581<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">16,399,997<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Real estate and lease intangibles held for sale, net<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">21,356<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">96,775<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Cash and cash equivalents<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">41,804<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">54,011<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Accounts receivable<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">185,632<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">181,969<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Lease intangible assets, net<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">1,516,819<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">1,493,383<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen27\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Other assets, net<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen20\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">460,250<\/span><\/p>\n<\/td>\n<td class=\"prngen20\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen20\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">328,661<\/span><\/p>\n<\/td>\n<td class=\"prngen20\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prnsbtb1 prnrbrb1 prnvab prnsbbd prnpl14 prnsblb1 prnpr6\">\n<p class=\"prnml10 dnr\"><span class=\"prnews_span\">Total assets<\/span><\/p>\n<\/td>\n<td class=\"prngen22\">&nbsp;<\/td>\n<td class=\"prngen21\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen21\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">18,796,442<\/span><\/p>\n<\/td>\n<td class=\"prngen21\">&nbsp;<\/td>\n<td class=\"prngen22\">&nbsp;<\/td>\n<td class=\"prngen21\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen22\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">18,554,796<\/span><\/p>\n<\/td>\n<td class=\"prngen21\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"3\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"3\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">LIABILITIES AND EQUITY<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"3\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"3\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Distributions payable<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">80,911<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">76,728<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Accounts payable and accrued expenses<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">182,177<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">177,039<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Lease intangible liabilities, net<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">328,748<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">333,103<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Other liabilities<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">251,353<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">262,221<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Line of credit payable<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">615,176<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">704,335<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Term loans, net<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">499,151<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">499,044<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Mortgages payable, net<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">408,158<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">410,119<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen27\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Notes payable, net<\/span><\/p>\n<\/td>\n<td class=\"prngen20\">&nbsp;<\/td>\n<td class=\"prngen20\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">6,013,129<\/span><\/p>\n<\/td>\n<td class=\"prngen20\">&nbsp;<\/td>\n<td class=\"prngen20\">&nbsp;<\/td>\n<td class=\"prngen20\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">6,288,049<\/span><\/p>\n<\/td>\n<td class=\"prngen20\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prnsbtb1 prnrbrb1 prnvab prnsbbs prnpl14 prnsblb1 prnpr6\">\n<p class=\"prnml10 dnr\"><span class=\"prnews_span\">Total liabilities<\/span><\/p>\n<\/td>\n<td class=\"prngen20\">&nbsp;<\/td>\n<td class=\"prngen20\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">8,378,803<\/span><\/p>\n<\/td>\n<td class=\"prngen20\">&nbsp;<\/td>\n<td class=\"prngen20\">&nbsp;<\/td>\n<td class=\"prngen20\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">8,750,638<\/span><\/p>\n<\/td>\n<td class=\"prngen20\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"3\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"3\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Commitments and contingencies<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"3\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"3\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"3\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"3\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Stockholders&#8217; equity:<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"3\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"3\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Common stock and paid in capital, par value $0.01 per share, 740,200,000 shares authorized, 343,402,030 and 333,619,106 shares issued and outstanding as of March 31, 2020 and December 31, 2019, respectively<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">13,604,055<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">12,873,849<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Distributions in excess of net income<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen2\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">(3,173,468)<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen2\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">(3,082,291)<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen27\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Accumulated other comprehensive loss<\/span><\/p>\n<\/td>\n<td class=\"prngen20\">&nbsp;<\/td>\n<td class=\"prngen19\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">(42,572)<\/span><\/p>\n<\/td>\n<td class=\"prngen20\">&nbsp;<\/td>\n<td class=\"prngen20\">&nbsp;<\/td>\n<td class=\"prngen19\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">(17,102)<\/span><\/p>\n<\/td>\n<td class=\"prngen20\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prnsbt1 prnsbr1 prnvab prnsbb1 prnpl10 prnsbl1 prnpr6\">\n<p class=\"prnml10 dnr\"><span class=\"prnews_span\">Total stockholders&#8217; equity<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">10,388,015<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<td class=\"prngen10\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">9,774,456<\/span><\/p>\n<\/td>\n<td class=\"prngen10\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen27\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Noncontrolling interests<\/span><\/p>\n<\/td>\n<td class=\"prngen20\">&nbsp;<\/td>\n<td class=\"prngen20\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">29,624<\/span><\/p>\n<\/td>\n<td class=\"prngen20\">&nbsp;<\/td>\n<td class=\"prngen20\">&nbsp;<\/td>\n<td class=\"prngen20\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">29,702<\/span><\/p>\n<\/td>\n<td class=\"prngen20\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prnsbtb1 prnrbrb1 prnvab prnsbbs prnpl10 prnsblb1 prnpr6\">\n<p class=\"prnml10 dnr\"><span class=\"prnews_span\">Total equity<\/span><\/p>\n<\/td>\n<td class=\"prngen20\">&nbsp;<\/td>\n<td class=\"prngen20\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">10,417,639<\/span><\/p>\n<\/td>\n<td class=\"prngen20\">&nbsp;<\/td>\n<td class=\"prngen20\">&nbsp;<\/td>\n<td class=\"prngen20\" colspan=\"2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">9,804,158<\/span><\/p>\n<\/td>\n<td class=\"prngen20\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prnsbtb1 prnrbrb1 prnvab prnsbbd prnpl10 prnsblb1 prnpr6\">\n<p class=\"prnml10 dnr\"><span class=\"prnews_span\">Total liabilities and equity<\/span><\/p>\n<\/td>\n<td class=\"prngen21\">&nbsp;<\/td>\n<td class=\"prngen21\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen21\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">18,796,442<\/span><\/p>\n<\/td>\n<td class=\"prngen21\">&nbsp;<\/td>\n<td class=\"prngen21\">&nbsp;<\/td>\n<td class=\"prngen21\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">$<\/span><\/p>\n<\/td>\n<td class=\"prngen21\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">18,554,796<\/span><\/p>\n<\/td>\n<td class=\"prngen21\">&nbsp;<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<\/div>\n<div>\n<div class=\"divOverflow\">\n<div class=\"table-responsive\">\n<table id=\"convertedTable1e24\" class=\"prntblns\" border=\"1\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td class=\"prngen3\" colspan=\"20\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\"><strong>Realty Income Performance vs. Major Stock Indices<\/strong><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen33\" colspan=\"20\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen33\">&nbsp;<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen3\" colspan=\"3\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\"><strong>Equity<\/strong><\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen3\" colspan=\"3\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\"><strong>NASDAQ<\/strong><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen33\">&nbsp;<\/td>\n<td class=\"prngen3\" colspan=\"3\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\"><strong>Realty&nbsp;Income<\/strong><\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen3\" colspan=\"3\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\"><strong>REIT&nbsp;Index<sup>&nbsp;(1)<\/sup><\/strong><\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen3\" colspan=\"3\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\"><strong>DJIA<\/strong><\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen3\" colspan=\"3\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\"><strong>S&amp;P&nbsp;500<\/strong><\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen3\" colspan=\"3\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\"><strong>Composite<\/strong><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen33\">&nbsp;<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Dividend<\/span><\/p>\n<\/td>\n<td class=\"prngen36\">&nbsp;<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Total<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Dividend<\/span><\/p>\n<\/td>\n<td class=\"prngen36\">&nbsp;<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Total<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Dividend<\/span><\/p>\n<\/td>\n<td class=\"prngen36\">&nbsp;<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Total<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Dividend<\/span><\/p>\n<\/td>\n<td class=\"prngen36\">&nbsp;<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Total<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Dividend<\/span><\/p>\n<\/td>\n<td class=\"prngen36\">&nbsp;<\/td>\n<td class=\"prngen35\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Total<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen33\">&nbsp;<\/td>\n<td class=\"prngen26\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">yield<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen26\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">return&nbsp;<sup>(2)<\/sup><\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen26\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">yield<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen26\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">return&nbsp;<sup>(3)<\/sup><\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen26\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">yield<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen26\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">return&nbsp;<sup>(3)<\/sup><\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen26\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">yield<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen26\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">return&nbsp;<sup>(3)<\/sup><\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen26\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">yield<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen26\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">return&nbsp;<sup>(4)<\/sup><\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen33\">&nbsp;<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen3\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">10\/18 to 12\/31\/1994<\/span><\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">10.5%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">10.8%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">7.7%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">0.0%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">2.9%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen37\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">(1.6%)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">2.9%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen37\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">(1.2%)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">0.5%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen37\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">(1.7%)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen33\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">1995<\/span><\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">8.3%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">42.0%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">7.4%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">15.3%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">2.4%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">36.9%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">2.3%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">37.6%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">0.6%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">39.9%<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen33\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">1996<\/span><\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">7.9%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">15.4%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">6.1%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">35.3%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">2.2%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">28.9%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">2.0%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">23.0%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">0.2%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">22.7%<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen33\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">1997<\/span><\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">7.5%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">14.5%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">5.5%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">20.3%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">1.8%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">24.9%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">1.6%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">33.4%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">0.5%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">21.6%<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen33\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">1998<\/span><\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">8.2%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">5.5%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">7.5%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen37\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">(17.5%)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">1.7%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">18.1%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">1.3%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">28.6%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">0.3%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">39.6%<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen33\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">1999<\/span><\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">10.5%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen37\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">(8.7%)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">8.7%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen37\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">(4.6%)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">1.3%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">27.2%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">1.1%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">21.0%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">0.2%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">85.6%<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen33\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">2000<\/span><\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">8.9%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">31.2%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">7.5%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">26.4%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">1.5%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen37\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">(4.7%)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">1.2%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen37\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">(9.1%)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">0.3%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen37\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">(39.3%)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen33\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">2001<\/span><\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">7.8%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">27.2%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">7.1%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">13.9%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">1.9%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen37\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">(5.5%)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">1.4%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen37\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">(11.9%)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">0.3%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen37\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">(21.1%)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen33\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">2002<\/span><\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">6.7%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">26.9%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">7.1%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">3.8%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">2.6%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen37\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">(15.0%)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">1.9%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen37\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">(22.1%)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">0.5%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen37\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">(31.5%)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen33\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">2003<\/span><\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">6.0%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">21.0%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">5.5%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">37.1%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">2.3%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">28.3%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">1.8%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">28.7%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">0.6%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">50.0%<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen33\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">2004<\/span><\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">5.2%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">32.7%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">4.7%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">31.6%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">2.2%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">5.6%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">1.8%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">10.9%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">0.6%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">8.6%<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen33\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">2005<\/span><\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">6.5%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen37\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">(9.2%)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">4.6%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">12.2%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">2.6%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">1.7%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">1.9%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">4.9%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">0.9%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">1.4%<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen33\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">2006<\/span><\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">5.5%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">34.8%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">3.7%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">35.1%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">2.5%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">19.0%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">1.9%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">15.8%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">0.8%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">9.5%<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen33\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">2007<\/span><\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">6.1%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">3.2%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">4.9%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen37\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">(15.7%)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">2.7%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">8.8%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">2.1%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">5.5%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">0.8%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">9.8%<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen33\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">2008<\/span><\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">7.3%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen37\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">(8.2%)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">7.6%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen37\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">(37.7%)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">3.6%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen37\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">(31.8%)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">3.2%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen37\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">(37.0%)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">1.3%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen37\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">(40.5%)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen33\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">2009<\/span><\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">6.6%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">19.3%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">3.7%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">28.0%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">2.6%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">22.6%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">2.0%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">26.5%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">1.0%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">43.9%<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen33\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">2010<\/span><\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">5.1%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">38.6%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">3.5%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">27.9%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">2.6%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">14.0%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">1.9%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">15.1%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">1.2%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">16.9%<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen33\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">2011<\/span><\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">5.0%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">7.3%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">3.8%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">8.3%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">2.8%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">8.3%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">2.3%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">2.1%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">1.3%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen37\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">(1.8%)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen33\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">2012<\/span><\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">4.5%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">20.1%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">3.5%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">19.7%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">3.0%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">10.2%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">2.5%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">16.0%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">2.6%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">15.9%<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen33\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">2013<\/span><\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">5.8%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen37\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">(1.8%)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">3.9%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">2.9%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">2.3%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">29.6%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">2.0%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">32.4%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">1.4%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">38.3%<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen33\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">2014<\/span><\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">4.6%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">33.7%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">3.6%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">28.0%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">2.3%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">10.0%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">2.0%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">13.7%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">1.3%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">13.4%<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen33\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">2015<\/span><\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">4.4%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">13.0%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">3.9%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">2.8%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">2.6%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">0.2%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">2.2%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">1.4%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">1.4%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">5.7%<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen33\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">2016<\/span><\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">4.2%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">16.0%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">4.0%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">8.6%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">2.5%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">16.5%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">2.1%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">12.0%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">1.4%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">7.5%<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen33\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">2017<\/span><\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">4.5%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">3.6%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">3.9%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">8.7%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">2.2%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">28.1%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">1.9%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">21.8%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">1.1%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">28.2%<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen33\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">2018<\/span><\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">4.2%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">15.2%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">4.4%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen37\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">(4.0%)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">2.5%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen37\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">(3.5%)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">2.2%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen37\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">(4.4%)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">1.4%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen37\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">(3.9%)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen33\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">2019<\/span><\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">3.7%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">21.1%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">3.7%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">28.7%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">2.4%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">25.3%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">1.9%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">31.5%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">1.1%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">35.2%<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen3\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Q1 2020<\/span><\/p>\n<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">5.6%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen37\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">(31.3%)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">4.8%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen37\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">(23.4%)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">3.0%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen37\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">(22.7%)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">2.3%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen37\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">(19.6%)<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">1.5%<\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen37\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">(14.2%)<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen33\">&nbsp;<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen33\">&nbsp;<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen5\" colspan=\"2\" nowrap=\"nowrap\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\"><strong>Compound Average<\/strong>&nbsp;<\/span><\/p>\n<p class=\"prnews_p dnr\">&nbsp;<\/p>\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\"><strong>Annual Total Return<sup>&nbsp;(5)<\/sup><\/strong><\/span><\/p>\n<p class=\"dnr\">&nbsp;<\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\"><strong>14.6%<\/strong><\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\"><strong>9.5%<\/strong><\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\"><strong>9.5%<\/strong><\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\"><strong>9.0%<\/strong><\/span><\/p>\n<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen34\">&nbsp;<\/td>\n<td class=\"prngen2\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\"><strong>9.5%<\/strong><\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<\/div>\n<div>\n<div class=\"divOverflow\">\n<div class=\"table-responsive\">\n<table id=\"convertedTable56ce\" class=\"prntblns\" border=\"1\" cellspacing=\"0\" cellpadding=\"0\">\n<tbody>\n<tr>\n<td class=\"prngen7\">&nbsp;<\/td>\n<td class=\"prngen8\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen9\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Note:<\/span><\/p>\n<\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">The dividend yields are calculated as annualized dividends based on the last dividend paid in applicable time period divided by the closing price as of period end.&nbsp; Dividend yield sources: Nareit website and Bloomberg, except for the 1994 NASDAQ dividend yield which was sourced from Datastream \/ Thomson Financial.<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen7\">&nbsp;<\/td>\n<td class=\"prngen8\">&nbsp;<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen18\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\"><sup>(1)<\/sup><\/span><\/p>\n<\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">FTSE Nareit US Equity REIT Index, as per Nareit website.<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen18\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\"><sup>(2)<\/sup><\/span><\/p>\n<\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Calculated as the difference between the closing stock price as of period end less the closing stock price as of previous period, plus dividends paid in period, divided by closing stock price as of end of previous period.&nbsp; Does not include reinvestment of dividends for the annual percentages.<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen18\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\"><sup>(3)<\/sup><\/span><\/p>\n<\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Includes reinvestment of dividends.&nbsp; Source: &nbsp;Nareit website and Factset.<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen18\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\"><sup>(4)<\/sup><\/span><\/p>\n<\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">Price only index, does not include dividends as NASDAQ did not report total return metrics for the entirety of the measurement period. Source: Factset.<\/span><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"prngen18\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\"><sup>(5)<\/sup><\/span><\/p>\n<\/td>\n<td class=\"prngen5\">\n<p class=\"prnews_p dnr\"><span class=\"prnews_span\">The Compound Average Annual Total Return rates are calculated in the same manner for each period from Realty Income&#8217;s NYSE listing on October&nbsp;18, 1994 through March 31, 2020, and (except for NASDAQ) assume reinvestment of dividends. Past performance does not guarantee future performance.&nbsp;Realty Income presents this data for informational purposes only and makes no representation about its future performance or how it will compare in performance to other indices in the future.<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<\/div>\n<p class=\"tags\">\n<div><strong>See Campaign: <\/strong><a href=\"http:\/\/www.realtyincome.com\" target=\"_blank\">http:\/\/www.realtyincome.com<\/a><br \/><b>Contact Information:<\/b><br \/>http:\/\/www.realtyincome.com<\/p>\n<p><b>Tags:<\/b><br \/><a href=\"\"><\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/news-category\/wire\/\" rel=\"category tag\">Wire<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/news-category\/wire-real-estate\/\" rel=\"category tag\">Wire Real Estate<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/global-regions\/united-states\/\" rel=\"category tag\">United States<\/a>, <a href=\"https:\/\/icrowdnewswire.com\/category\/language\/english\/\" rel=\"category tag\">English<\/a><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"\" alt=\"image\" width=\"400\" height=\"300\" class=\"cwdfimg\" \/><\/div>\n<div>\n<h3>Contact Information:<\/h3>\n<p>http:\/\/www.realtyincome.com<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Realty Income Corporation, The Monthly Dividend Company&reg;, today announced operating results for the first quarter ended&nbsp;March 31, 2020. All per share amounts presented in this press release are on a diluted per common share basis unless stated otherwise. COMPANY HIGHLIGHTS: For the quarter ended&nbsp;March 31, 2020: Net income per share was&nbsp;$0.44 AFFO per share increased &hellip; <a href=\"https:\/\/icrowdnewswire.com\/2020\/05\/06\/realty-income-announces-operating-results-for-first-quarter-2020\/\">Continue reading <span>Realty Income Announces Operating Results For First Quarter 2020<\/span><\/a> <a href=\"https:\/\/ipsnews.net\/business\/2020\/05\/06\/realty-income-announces-operating-results-for-first-quarter-2020\/\" class=\"more-link\">Continue Reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":46,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,22,54,18],"tags":[],"class_list":["post-9456","post","type-post","status-publish","format-standard","hentry","category-english","category-united-states","category-wire","category-wire-real-estate"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Realty Income Announces Operating Results For First Quarter 2020 - Business<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ipsnews.net\/business\/2020\/05\/06\/realty-income-announces-operating-results-for-first-quarter-2020\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Realty Income Announces Operating Results For First Quarter 2020 - Business\" \/>\n<meta property=\"og:description\" content=\"Realty Income Corporation, The Monthly Dividend Company&reg;, today announced operating results for the first quarter ended&nbsp;March 31, 2020. All per share amounts presented in this press release are on a diluted per common share basis unless stated otherwise. COMPANY HIGHLIGHTS: For the quarter ended&nbsp;March 31, 2020: Net income per share was&nbsp;$0.44 AFFO per share increased &hellip; Continue reading Realty Income Announces Operating Results For First Quarter 2020 Continue Reading &rarr;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ipsnews.net\/business\/2020\/05\/06\/realty-income-announces-operating-results-for-first-quarter-2020\/\" \/>\n<meta property=\"og:site_name\" content=\"Business\" \/>\n<meta property=\"article:published_time\" content=\"2020-05-06T10:44:00+00:00\" \/>\n<meta name=\"author\" content=\"Asiya\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Asiya\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"23 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ipsnews.net\/business\/2020\/05\/06\/realty-income-announces-operating-results-for-first-quarter-2020\/\",\"url\":\"https:\/\/ipsnews.net\/business\/2020\/05\/06\/realty-income-announces-operating-results-for-first-quarter-2020\/\",\"name\":\"Realty Income Announces Operating Results For First Quarter 2020 - Business\",\"isPartOf\":{\"@id\":\"https:\/\/ipsnews.net\/business\/#website\"},\"datePublished\":\"2020-05-06T10:44:00+00:00\",\"author\":{\"@id\":\"https:\/\/ipsnews.net\/business\/#\/schema\/person\/3a37b5ed16b9ebaf70290330c45a2e37\"},\"breadcrumb\":{\"@id\":\"https:\/\/ipsnews.net\/business\/2020\/05\/06\/realty-income-announces-operating-results-for-first-quarter-2020\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/ipsnews.net\/business\/2020\/05\/06\/realty-income-announces-operating-results-for-first-quarter-2020\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/ipsnews.net\/business\/2020\/05\/06\/realty-income-announces-operating-results-for-first-quarter-2020\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/ipsnews.net\/business\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Realty Income Announces Operating Results For First Quarter 2020\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/ipsnews.net\/business\/#website\",\"url\":\"https:\/\/ipsnews.net\/business\/\",\"name\":\"Business\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/ipsnews.net\/business\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/ipsnews.net\/business\/#\/schema\/person\/3a37b5ed16b9ebaf70290330c45a2e37\",\"name\":\"Asiya\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ipsnews.net\/business\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/d4d7dcc41e3f5a5cad4cf78eca935d2f4c65cc9a91e376789d357e29806bcb91?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/d4d7dcc41e3f5a5cad4cf78eca935d2f4c65cc9a91e376789d357e29806bcb91?s=96&d=mm&r=g\",\"caption\":\"Asiya\"},\"sameAs\":[\"https:\/\/icrowdnewswire.com\/fc\"],\"url\":\"https:\/\/ipsnews.net\/business\/author\/asiya\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Realty Income Announces Operating Results For First Quarter 2020 - Business","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/ipsnews.net\/business\/2020\/05\/06\/realty-income-announces-operating-results-for-first-quarter-2020\/","og_locale":"en_US","og_type":"article","og_title":"Realty Income Announces Operating Results For First Quarter 2020 - Business","og_description":"Realty Income Corporation, The Monthly Dividend Company&reg;, today announced operating results for the first quarter ended&nbsp;March 31, 2020. All per share amounts presented in this press release are on a diluted per common share basis unless stated otherwise. COMPANY HIGHLIGHTS: For the quarter ended&nbsp;March 31, 2020: Net income per share was&nbsp;$0.44 AFFO per share increased &hellip; Continue reading Realty Income Announces Operating Results For First Quarter 2020 Continue Reading &rarr;","og_url":"https:\/\/ipsnews.net\/business\/2020\/05\/06\/realty-income-announces-operating-results-for-first-quarter-2020\/","og_site_name":"Business","article_published_time":"2020-05-06T10:44:00+00:00","author":"Asiya","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Asiya","Est. reading time":"23 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/ipsnews.net\/business\/2020\/05\/06\/realty-income-announces-operating-results-for-first-quarter-2020\/","url":"https:\/\/ipsnews.net\/business\/2020\/05\/06\/realty-income-announces-operating-results-for-first-quarter-2020\/","name":"Realty Income Announces Operating Results For First Quarter 2020 - Business","isPartOf":{"@id":"https:\/\/ipsnews.net\/business\/#website"},"datePublished":"2020-05-06T10:44:00+00:00","author":{"@id":"https:\/\/ipsnews.net\/business\/#\/schema\/person\/3a37b5ed16b9ebaf70290330c45a2e37"},"breadcrumb":{"@id":"https:\/\/ipsnews.net\/business\/2020\/05\/06\/realty-income-announces-operating-results-for-first-quarter-2020\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ipsnews.net\/business\/2020\/05\/06\/realty-income-announces-operating-results-for-first-quarter-2020\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/ipsnews.net\/business\/2020\/05\/06\/realty-income-announces-operating-results-for-first-quarter-2020\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/ipsnews.net\/business\/"},{"@type":"ListItem","position":2,"name":"Realty Income Announces Operating Results For First Quarter 2020"}]},{"@type":"WebSite","@id":"https:\/\/ipsnews.net\/business\/#website","url":"https:\/\/ipsnews.net\/business\/","name":"Business","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ipsnews.net\/business\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/ipsnews.net\/business\/#\/schema\/person\/3a37b5ed16b9ebaf70290330c45a2e37","name":"Asiya","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ipsnews.net\/business\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/d4d7dcc41e3f5a5cad4cf78eca935d2f4c65cc9a91e376789d357e29806bcb91?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/d4d7dcc41e3f5a5cad4cf78eca935d2f4c65cc9a91e376789d357e29806bcb91?s=96&d=mm&r=g","caption":"Asiya"},"sameAs":["https:\/\/icrowdnewswire.com\/fc"],"url":"https:\/\/ipsnews.net\/business\/author\/asiya\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ipsnews.net\/business\/wp-json\/wp\/v2\/posts\/9456","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ipsnews.net\/business\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ipsnews.net\/business\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ipsnews.net\/business\/wp-json\/wp\/v2\/users\/46"}],"replies":[{"embeddable":true,"href":"https:\/\/ipsnews.net\/business\/wp-json\/wp\/v2\/comments?post=9456"}],"version-history":[{"count":2,"href":"https:\/\/ipsnews.net\/business\/wp-json\/wp\/v2\/posts\/9456\/revisions"}],"predecessor-version":[{"id":9517,"href":"https:\/\/ipsnews.net\/business\/wp-json\/wp\/v2\/posts\/9456\/revisions\/9517"}],"wp:attachment":[{"href":"https:\/\/ipsnews.net\/business\/wp-json\/wp\/v2\/media?parent=9456"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ipsnews.net\/business\/wp-json\/wp\/v2\/categories?post=9456"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ipsnews.net\/business\/wp-json\/wp\/v2\/tags?post=9456"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}