Healthcare Realty Trust 8K Announces Fourth Quarter Results | SEC 22 Feb 10

Exhibit 99.2

SUPPLEMENTAL INFORMATION
Three Months Ended December 31, 2009
Dollars in thousands, except per share data, unless otherwise disclosed
Furnished as of February 22, 2010
(Unaudited)

Copies of this report may be obtained at www.healthcarerealty.com or by contacting Gabrielle M. Andrés at 615.269.8471 or gandres@healthcarerealty.com.

In addition to the historical information contained within, the matters discussed in this report may contain forward-looking statements that involve estimates, assumptions, risks and uncertainties. These risks are discussed in filings with the Securities and Exchange Commission by Healthcare Realty Trust, including its Annual Report on Form 10-K for the year ended December 31, 2009 under the heading “Risk Factors,” and as updated in its Quarterly Reports on Form 10-Q filed thereafter. Forward-looking statements represent the Company’s judgment as of the date of this report. The Company disclaims any obligation to update these estimates, assumptions and other forward-looking material.


Healthcare Realty Trust Incorporated Supplemental Information Three Months Ended December 31, 2009	Page 1 of 8

TABLE OF CONTENTS


Schedule 1 - Corporate Information			3

Schedule 2 - Consolidated Balance Sheets			4

Schedule 3 - Investment Progression			5

Schedule 4 - Investment by Type and Geographic Location			6

Schedule 5 - Development Properties			7

Schedule 6 - Lease Maturity Schedule			7

Schedule 7 - Square Feet Owned and/or Managed			8


Healthcare Realty Trust Incorporated Supplemental Information Three Months Ended December 31, 2009	Page 2 of 8

(1)

CORPORATE INFORMATION

Corporate Headquarters:

Healthcare Realty Trust Incorporated
Healthcare Realty Services Incorporaed
3310 West End Avenue, Suite 700
Nashville, TN 37203
Phone: 615.269.8175
Fax: 615.269.8461
E-mail: communications@healthcarerealty.com

Stock Exchange, Symbol and CUSIP Number:

Security Description

Stock Exchange

Symbol

CUSIP Number

Common Stock

NYSE

421946104

Senior Notes due 2011

OTC

421946AF4

Senior Notes due 2014

OTC

421946AF1

Senior Notes due 2017

OTC

42225BAA44

Web Site:www.healthcarerealty.com

Executive Officers:

David R. Emery, Chairman of the Board and Chief Executive Officer
John M. Bryant, Jr., Executive Vice President and General Counsel
Scott W. Holmes, Executive Vice President and Chief Financial Officer
B. Douglas Whitman, II, Executive Vice President and Chief Operating Officer

Board of Directors:

David R. Emery, Chairman of the Board and Chief Executive Officer, Healthcare Realty Trust Incorporated
Errol L. Biggs, Ph.D., Director, Graduate Programs in Health Administration, University of Colorado
C. Raymond Fernandez, M.D., Retired Chief Executive Officer, Piedmont Clinic
Batey M. Gresham, Jr., A.I.A., Founder, Gresham Smith & Partners
Marliese E. Mooney, Independent Healthcare Consultant
Edwin B. Morris III, Managing Director, Morris & Morse Company, Inc.
J. Knox Singleton, President and Chief Executive Officer, Inova Health Systems
Bruce D. Sullivan, Retired Audit Partner, Ernst & Young LLP
Dan S. Wilford, Retired President and Chief Executive Officer, Memorial Hermann Healthcare System

Professional Affiliations:

Independent Registered Public Accounting Firm
BDO Seidman, LLP
414 Union Street, Suite 1800
Nashville, TN 37219

Transfer Agent
Computershare Trust Company, N.A.
P.O. Box 43010
Providence, RI 02940-3010
Phone: 1.800.733.5001

Dividend Reinvestment Plan:

Through the Company’s transfer agent, Computershare, named shareholders of record can re-invest dividends in shares at a
5% discount and may also purchase up to $60,000 of HR common stock per calendar year without a service or sales charge.
For information, write Computershare, Investor Services, P.O. Box 43010, Providence, RI 02940-3010, or call
1.800.733.5001. Information may also be obtained at the transfer agent’s website, www.computershare.com.

Direct Deposit of Dividends:

Direct deposit of dividends is offered as a convenience to shareholders of record. For information, write Computershare,
Investor Services, P.O. Box 43010, Providence, RI 02940-3010, or call 1.800.733.5001.

Investor Relations:

Healthcare Realty Trust Incorporated
3310 West End Avenue, Suite 700
Nashville, TN 37203
Attention: Gabrielle M. Andrés
Phone: 615.269.8471
Fax: 615.983.8569
E-mail: gandres@healthcarerealty.com


Healthcare Realty Trust Incorporated Supplemental Information Three Months Ended December 31, 2009	Page 3 of 8

(2) CONSOLIDATED BALANCE SHEETS


	December 31,			December 31,
	2009			2008

ASSETS

Real estate properties:
Land	$	135,495		$	107,555
Buildings, improvements, and lease intangibles		1,977,264			1,792,402
Personal property		17,509			16,985
Construction in progress		95,059			84,782

		2,225,327			2,001,724
Less accumulated depreciation		(433,634	)		(367,360	)

Total real estate properties, net		1,791,693			1,634,364

Cash and cash equivalents		5,851			4,138

Mortgage notes receivable		31,008			59,001

Assets held for sale and discontinued operations, net		17,745			90,233

Other assets, net		89,467			77,044


Total assets	$	1,935,764		$	1,864,780


LIABILITIES AND EQUITY

Liabilities:
Notes and bonds payable	$	1,046,422		$	940,186

Accounts payable and accrued liabilities		55,043			45,937

Liabilities held for sale and discontinued operations		251			32,821

Other liabilities		43,900			49,589


Total liabilities		1,145,616			1,068,533

Commitments and contingencies

Equity:
Preferred stock, $.01 par value; 50,000,000 shares authorized; none issued and outstanding		—			—

Common stock, $.01 par value; 150,000,000 shares authorized; 60,614,931 and 59,246,284 shares issued and outstanding at December 31, 2009 and December 31, 2008, respectively		606			592

Additional paid-in capital		1,520,893			1,490,535

Accumulated other comprehensive loss		(4,593	)		(6,461	)

Cumulative net income attributable to common stockholders		787,965			736,874

Cumulative dividends		(1,518,105	)		(1,426,720	)


Total stockholders’ equity		786,766			794,820

Noncontrolling interests		3,382			1,427


Total equity		790,148			796,247


Total liabilities and equity	$	1,935,764		$	1,864,780


Healthcare Realty Trust Incorporated Supplemental Information Three Months Ended December 31, 2009	Page 4 of 8

(3) INVESTMENT PROGRESSION


(A) Construction in Progress				Three						Twelve
	Number of			Months Ended			Number of			Months Ended
	Properties			December 31, 2009			Properties			December 31, 2009

Balance at beginning of period		4		$	122,648			4		$	84,782

Fundings on projects in existence at the beginning of the period		—			19,263			—			74,606

New projects started during the period		0			0			1			10,514

Completions (1)		(2	)		(46,852	)		(3	)		(74,843	)


Balance at end of period		2		$	95,059			2		$	95,059


(B) Real Estate Properties				Three						Twelve
	Number of			Months Ended			Number of			Months Ended
	Properties			December 31, 2009			Properties			December 31, 2009

Balance at beginning of period		197		$	2,046,130			188		$	1,916,942

Acquisitions (2)		3			51,306			7			106,366

Additions/Improvements		0			9,924			0			35,493

Completions (CIP) (1)		2			46,852			3			74,843

Assets classified as held for sale during the period (3)		(5	)		(23,944	)		(5	)		(23,944	)

Reclassified assets previously held for sale to held for use		0			0			5			23,944

Dispositions		0			0			(1	)		(3,376	)


Balance at end of period		197		$	2,130,268			197		$	2,130,268


(C) Mortgage Notes Receivable				Three						Twelve
	Number of			Months Ended			Number of			Months Ended
	Investments			December 31, 2009			Investments			December 31, 2009

Balance at beginning of period		4		$	41,595			4		$	59,001

Fundings of new mortgages (4)		1			9,900			1			9,900

Fundings on mortgages in existence at the beginning of the period		0			0			0			10,616

Repayments (4)		(1	)		(12,645	)		(1	)		(12,645	)

Principal reductions		0			0			0			(102	)

Principal reductions due to acquisition (2)		0			(7,829	)		0			(35,736	)

Scheduled principal payments		0			(13	)		0			(26	)


Balance at end of period		4		$	31,008			4		$	31,008


(D) Unconsolidated Joint Ventures			Three					Twelve
	Number of		Months Ended		Number of			Months Ended
	Investments		December 31, 2009		Investments			December 31, 2009

Balance at beginning of period		1	$	1,266		2		$	2,784

Equity in income (loss) recognized during the period		0		0		0			(2	)

Acquisition of remaining equity interest in joint venture		0		0		(1	)		(1,700	)

Investment in preferred interest in joint venture		0		0		0			184


Balance at end of period		1	$	1,266		1		$	1,266


(1)		During the fourth quarter of 2009, the Company substantially completed development of two medical office buildings located in Illinois and Texas.

(2)		During the fourth quarter of 2009, a consolidated joint venture in which the Company has an 80% controlling interest purchased a medical office building in Iowa. The other interest holder in the joint venture constructed the medical office building which was funded by the Company through a construction loan. Upon acquisition of the building by the joint venture, the construction loan was partially converted to a permanent mortgage note payable to the Company with the remaining amount converting to additional equity investment in the joint venture by the Company. The permanent mortgage note is eliminated in consolidation. In addition, during the fourth quarter of 2009, the Company acquired a medical office building in Indiana and a specialty inpatient facility in Arizona.

(3)		During the fourth quarter of 2009, the Company reclassified five medical office buildings in Virginia to held for sale upon exercise of an option to purchase the properties.

(4)		During the fourth quarter of 2009, the Company funded a mortgage note receivable that is secured by a medical office building in Iowa. Also, during the fourth quarter of 2009, a mortgage note receivable secured by an ambulatory care/surgery facility was repaid in full by the borrower.

Healthcare Realty Trust Incorporated
Supplemental Information
Three Months Ended December 31, 2009

Page 5 of 8

(4) INVESTMENT BY TYPE AND GEOGRAPHIC LOCATION (1)


		Medical Office/Outpatient
		Medical			Physician			Ambulatory			Specialty			Specialty
		Office			Clinics			Care/Surgery			Outpatient			Inpatient			Other						% of
		(MOB)			(PC)			(ASC)			(SOP)			(SIP) (2)			(OTH)			Total			Total

Master Leases
1	Alabama				$	17,660					$	2,698		$	17,722		$	9,493		$	47,573			2.1	%
2	Arizona														16,013						16,013			0.7	%
3	California					8,363									12,688						21,051			0.9	%
4	Florida	$	17,441			28,553		$	6,144			3,411			11,703						67,252			3.0	%
5	Georgia		7,822			2,683			3,133												13,638			0.6	%
6	Illinois		11,939						1,552												13,491			0.6	%
7	Iowa		68,973			1,801						2,156									72,930			3.2	%
8	Indiana					21,597									43,406			3,790			68,793			3.0	%
9	Massachusetts					12,035															12,035			0.5	%
10	Michigan																	13,104			13,104			0.6	%
11	Missouri								5,208												5,208			0.2	%
12	Nevada		8,056																		8,056			0.4	%
13	Pennsylvania														113,867						113,867			5.0	%
14	Tennessee																	7,736			7,736			0.3	%
15	Texas								17,314						19,225						36,539			1.6	%
16	Virginia		7,020			30,919												11,267			49,206			2.2	%
17	Washington		39,629																		39,629			1.8	%

	Master Leases	$	160,880		$	123,611		$	33,351		$	8,265		$	234,624		$	45,390		$	606,121			26.7	%



		(3) Normalized same facility NOI growth for Master Leases (4Q2009 vs. 4Q2008):																						1.9%

Operating Properties
1	Arizona		69,669			1,960															71,629			3.2	%
2	Arkansas											3,055									3,055			0.1	%
3	California		63,425						38,451												101,876			4.5	%
4	Colorado		23,207																		23,207			1.0	%
5	District of Columbia		30,629																		30,629			1.4	%
6	Florida		117,176			26,754															143,930			6.4	%
7	Hawaii		91,586																		91,586			4.1	%
8	Illinois		46,904																		46,904			2.1	%
9	Indiana		53,943																		53,943			2.4	%
10	Kansas		13,754																		13,754			0.6	%
11	Louisiana		11,723																		11,723			0.5	%
12	Maryland		15,931																		15,931			0.7	%
13	Michigan		22,956																		22,956			1.0	%
14	Mississippi		8,377									—									8,377			0.4	%
15	Missouri		37,093																		37,093			1.6	%
16	Nevada								3,801												3,801			0.2	%
17	North Carolina		141,480																		141,480			6.3	%
18	Oregon		20,523																		20,523			0.9	%
19	Pennsylvania		10,798																		10,798			0.5	%
20	South Carolina		10,953																		10,953			0.5	%
21	Tennessee		167,436			2,336															169,772			7.5	%
22	Texas		476,112			19,641			25,041												520,794			23.1	%
23	Virginia											2,166									2,166			0.1	%
24	Washington		30,394																		30,394			1.3	%

	Operating Properties	$	1,464,069		$	50,691		$	67,293		$	5,221		$	—		$	—		$	1,587,274			70.4	%



		(3) Normalized same facility NOI growth for Operating Properties (4Q2009 vs. 4Q2008):																						1.9%

Land Held for Development																					17,301			0.8	%
Corporate Property																					14,631			0.6	%

	Total Equity Investments	$	1,624,949		$	174,302		$	100,644		$	13,486		$	234,624		$	45,390		$	2,225,327			98.5	%



	Average Age of Facility (years)		20			21			22			15			21			32			20



	4Q 2009 Economic Occupancy (4)		79	%		92	%		87	%		63	%		100	%		94	%		83	%



	4Q 2009 Stabilized Occupancy (4)		88	%		92	%		87	%		63	%		100	%		94	%		90	%


Mortgage Investments			14,190			16,818															31,008			1.4	%

	Mortgage Investments	$	14,190		$	16,818		$	—		$	—		$	—		$	—		$	31,008			1.4	%


Unconsolidated Joint Ventures
	Utah																	1,266			1,266			0.1	%

	Joint Venture Investments	$	—		$	—		$	—		$	—		$	—		$	1,266		$	1,266			0.1	%


	Total Investments	$	1,639,139		$	191,120		$	100,644		$	13,486		$	234,624		$	46,656		$	2,257,601			100.0	%


	Percent of $ Invested		73.7	%		8.6	%		4.5	%		0.6	%		10.5	%		2.1	%		100.0	%


	Number of Investments		132			33			10			5			13			11			204


(1)		Excludes assets held for sale.

(2)		The Company’s inpatient rehabilitation facilities (included in SIP) have EBITDARM coverages of approximately 2.75 to 3.50 times.

(3)		The ‘same facility’ portfolio includes those properties that were in operation for the full quarter and for the full corresponding quarter of the prior year. The normalized same facility NOI growth rate in the portfolio is not representative of the entire portfolio. “Normalized” means adjusted for items that would otherwise prohibit a meaningful comparison of NOI for the two periods. Approximately 74% of the Company’s owned real estate portfolio is included in the calculation of the ‘same facility’ NOI growth.

(4)		The economic and stabilized occupancies assume that properties under a Property Operating Agreement or Master Lease Agreement have 100% economic occupancy. The stabilized occupancies exclude the nine development properties currently in lease-up. The average underlying tenant occupancy of the eight properties under Property Operating Agreements, as directed by the respective sponsor, was approximately 62%.


Healthcare Realty Trust Incorporated
Supplemental Information		Page 6 of 8
Three Months Ended December 31, 2009

(5) DEVELOPMENT PROPERTIES

CONSTRUCTION IN PROGRESS


	Estimated							CIP at		Estimated		Estimated		Estimated
	Completion		Property			Approximate		December 31,		Remaining		Total		Stabilization
State	Date		Type	Properties		Square Feet		2009		Fundings		Investment		Date

Under construction:
Hawaii		2Q 2010	MOB		1		133,000	$	67,244	$	18,756	$	86,000		2Q 2013
Washington		3Q 2011	MOB		1		206,000		10,514		81,686		92,200		4Q 2014

Land held for development:
Texas									9,184
Texas									8,117


					2		339,000	$	95,059	$	100,442	$	178,200

STABILIZATION IN PROGRESS


			Date					Investment at		Estimated								Estimated
	Number of		Transferred		Property	Square		December 31,		Total		4Q 2009						Stabilization
State	Properties		from CIP		Type	Feet		2009		Investment		NOI			Leased			Date

Texas		1		1Q 2007	MOB		171,033	$	26,934	$	32,300	$	504			62	%		2Q 2010
Texas		1		1Q 2008	MOB		140,221		22,118		24,900		230			53	%		2Q 2011
Colorado		2		3Q 2008	MOB		161,099		23,207		27,400		(354	)		19	%		4Q 2011
Arizona		2		4Q 2008	MOB		180,256		38,098		42,700		(351	)		7	%		1Q 2012
Texas		1		3Q 2009	MOB		129,879		29,892		33,000		(137	)		34	%		2Q 2012
Illinois		1		4Q 2009	MOB		95,436		23,474		26,400		—			7	%		3Q 2012
Texas		1		4Q 2009	MOB		116,838		25,607		28,600		—			18	%		4Q 2012


							994,762	$	189,330	$	215,300	$	(108	)

(6) LEASE MATURITY SCHEDULE (1)


	Annualized							Average
	Minimum		Number of		Percentage			Square Feet
	Rents (2)		Leases		of Revenues			Per Lease

2010	$	29,016		338		13.5	%		3,692
2011		26,946		278		12.6	%		3,928
2012		25,554		236		11.9	%		4,492
2013		31,022		189		14.5	%		6,599
2014		33,001		245		15.4	%		5,140
2015		8,393		56		3.9	%		7,107
2016		10,325		44		4.8	%		8,841
2017		13,532		35		6.3	%		20,855
2018		9,593		59		4.5	%		8,654
2019		9,998		18		4.7	%		8,370
Thereafter		17,146		54		7.9	%		14,021


(1)		Mortgage notes receivable, investments in unconsolidated joint ventures and assets classified as held for sale are excluded.

(2)		Represents the annualizedminimum rentson leases in place, excluding the impact of renewals, future step-ups in rent, or sponsor support payments under property operating agreements and straight-line rent.

Healthcare Realty Trust Incorporated
Supplemental Information
Three Months Ended December 31, 2009

Page 7 of 8

(7) SQUARE FEET OWNED AND/OR MANAGED (1)

A) By Geographic Location


	Number of Properties									Owned (2)					Third Party
				Third				Not			Construction				Property
		Owned		Party		Total		Managed			in Progress		Managed (3)		Management		Total		Percent

1 Texas			44				44		181,526					3,264,527				3,446,053		27.1	%
2 Tennessee			17		5		22		75,000					1,278,736		252,883		1,606,619		12.6	%
3 Florida			25				25		363,694					780,360				1,144,054		9.0	%
4 North Carolina			14				14							724,291				724,291		5.7	%
5 California			10				10		93,000					458,955				551,955		4.3	%
6 Pennsylvania			7				7		437,601					63,914				501,515		3.9	%
7 Arizona			10		1		11		51,903					382,045		59,106		493,054		3.9	%
8 Virginia			8				8		466,204					10,000				476,204		3.7	%
9 Indiana			5				5		205,499					248,663				454,162		3.6	%
10 Washington			5				5		159,071			206,000		73,548				438,619		3.4	%
11 Illinois			4				4		115,100					238,391				353,491		2.8	%
12 Alabama			6				6		327,535									327,535		2.6	%
13 Michigan			8				8		121,672					199,749				321,421		2.5	%
14 Hawaii			3				3					133,000		173,502				306,502		2.4	%
15 Iowa			8				8		300,646									300,646		2.4	%
16 Missouri			5				5		13,478					174,248				187,726		1.5	%
17 District of Columbia			2				2							182,836				182,836		1.4	%
18 Colorado			2				2							161,099				161,099		1.3	%
19 Louisiana			2				2							133,211				133,211		1.1	%
20 Mississippi			1		1		2							58,036		39,648		97,684		0.8	%
21 Maryland			2				2							94,664				94,664		0.8	%
22 Massachusetts			2				2		84,242									84,242		0.7	%
23 Georgia			3				3		78,779									78,779		0.6	%
24 Kansas			1				1							70,908				70,908		0.6	%
25 Oregon			1				1							62,246				62,246		0.5	%
26 Nevada			2				2		31,026					16,878				47,904		0.4	%
27 South Carolina			1				1							39,801				39,801		0.3	%
28 Arkansas			1				1							11,963				11,963		0.1	%

Total Properties / Square Feet			199		7		206		3,105,976			339,000		8,902,571		351,637		12,699,184		100.0	%

B) By Facility Type


				Owned									Third Party
	Not			Construction						Total			Property
	Managed			in Progress			Managed (3)			Owned			Management			Total			Percent

Medical Office		833,748			339,000			8,246,837			9,419,585			351,637			9,771,222			77.0	%
Physician Clinics		688,055						331,167			1,019,222						1,019,222			8.0	%
Specialty Inpatient		915,597									915,597						915,597			7.2	%
Other		498,293									498,293						498,293			3.9	%
Ambulatory Care/Surgery		133,067						302,604			435,671						435,671			3.4	%
Specialty Outpatient		37,216						21,963			59,179						59,179			0.5	%


Total Square Feet		3,105,976			339,000			8,902,571			12,347,547			351,637			12,699,184			100.0	%


Percent of Total Square Footage		24.4	%		2.7	%		70.1	%		97.2	%		2.8	%		100.0	%


Total Number of Properties		64			2			133			199			7			206

C) By Occupancy


															% of Total
	Medical		Physician		Ambulatory		Specialty		Specialty						Square
Occupants Greater than 1%	Office		Clinics		Care/Surgery		Outpatient		Inpatient		Other		Total		Feet

1 Baylor Health Care System		731,796		73,501										805,297		6.5	%
2 HealthSouth										695,286				695,286		5.6	%
3 Carolinas Healthcare System		568,687												568,687		4.6	%
4 HCA		30,495		235,600		8,749						16,400		291,244		2.4	%
5 Ascension Health Care System		195,510												195,510		1.6	%
6 OrthoIndy				58,474						117,525				175,999		1.4	%
7 Melbourne Internal Medicine Assocs				134,520										134,520		1.1	%

All Other Occupants Less than 1%		7,893,097		517,127		426,922		59,179		102,786		481,893		9,481,004		76.8	%


Total Square Feet		9,419,585		1,019,222		435,671		59,179		915,597		498,293		12,347,547		100.0	%


(1)		Mortgage notes, investments in joint ventures and assets classified as held for sale are excluded.

(2)		Approximately 67% of the portfolio is considered to be located on or adjacent to a hospital campus.

(3)		The owned and managed portfolio, excluding third party managed properties, consists of 1,405 leases with an average of 4,069 square feet per lease.


Healthcare Realty Trust Incorporated Supplemental Information Three Months Ended December 31, 2009	Page 8 of 8

Healthcare Realty Trust 8-KHealthcare Realty Trust Announces Fourth Quarter Results