Healthcare Realty Trust 8-K Healthcare Realty Trust Announces First Quarter Results

Exhibit 99.2

SUPPLEMENTAL INFORMATION
Three Months Ended March 31, 2010
Dollars in thousands, except per share data
Furnished as of May 10, 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 March 31, 2010	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 March 31, 2010	Page 2 of 8

(1) CORPORATE INFORMATION

A) Corporate Headquarters:

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

B) Stock Exchange, Symbol and CUSIP Number:

Security Description	Stock Exchange	Symbol	CUSIP Number
Common Stock	NYSE	HR		421946104
Senior Notes due 2011	OTC	HR		421946AF4
Senior Notes due 2014	OTC	HR		421946AF1
Senior Notes due 2017	OTC	HR		42225BAA44

C) Web Site: www.healthcarerealty.com

D) 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

E) 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

F) 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

G) 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.

H) 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.

I) 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 March 31, 2010	Page 3 of 8

(2) CONDENSED CONSOLIDATED BALANCE SHEETS

	March 31,			December 31,
	2010			2009
ASSETS
Real estate properties:
Land	$	137,601		$	135,495
Buildings, improvements, and lease intangibles		1,997,239			1,977,264
Personal property		17,868			17,509
Construction in progress		107,691			95,059
		2,260,399			2,225,327
Less accumulated depreciation		(451,452	)		(433,634	)
Total real estate properties, net		1,808,947			1,791,693
Cash and cash equivalents		11,045			5,851
Mortgage notes receivable		22,632			31,008
Assets held for sale and discontinued operations, net		1,553			17,745
Other assets, net		88,525			89,467
Total assets	$	1,932,702		$	1,935,764
LIABILITIES AND EQUITY
Liabilities:
Notes and bonds payable	$	1,035,059		$	1,046,422
Accounts payable and accrued liabilities		58,815			55,043
Liabilities of discontinued operations		904			251
Other liabilities		45,233			43,900
Total liabilities		1,140,011			1,145,616
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; 61,398,542 and 60,614,931 shares issued and outstanding at March 31, 2010 and December 31, 2009, respectively		614			606
Additional paid-in capital		1,536,683			1,520,893
Accumulated other comprehensive loss		(4,593	)		(4,593	)
Cumulative net income attributable to common stockholders		792,559			787,965
Cumulative dividends		(1,536,522	)		(1,518,105	)
Total stockholders’ equity		788,741			786,766
Noncontrolling interests		3,950			3,382
Total equity		792,691			790,148
Total liabilities and equity	$	1,932,702		$	1,935,764

Healthcare Realty Trust Incorporated
Supplemental Information
Three Months Ended March 31, 2010	Page 4 of 8

(3) INVESTMENT PROGRESSION

A) Construction in Progress

			Three
	Number of		Months Ended
	Properties		March 31, 2010
Balance at beginning of period		2	$	95,059
Fundings on projects in existence at the beginning of the period		—		12,632
New projects started during the period		—		—
Completions		—		—
Balance at end of period		2	$	107,691

B) Real Estate Properties

			Three
	Number of		Months Ended
	Properties		March 31, 2010
Balance at beginning of period		197	$	2,130,268
Acquisitions (1)		1		14,651
Additions/Improvements		—		7,789
Completions (CIP)		—		—
Assets classified as held for sale during the period		—		—
Dispositions (2)		—		—
Balance at end of period		198	$	2,152,708

C) Mortgage Notes Receivable

				Three
	Number of			Months Ended
	Investments			March 31, 2010
Balance at beginning of period		4		$	31,008
Fundings of new mortgages		1			1,532
Fundings on mortgages in existence at the beginning of the period		—			—
Repayments		—			—
Principal reductions due to acquisition (1)		(1	)		(9,900	)
Scheduled principal payments		—			(8	)
Balance at end of period		4		$	22,632

D) Unconsolidated Joint Ventures (3)

			Three
	Number of		Months Ended
	Investments		March 31, 2010
Balance at beginning of period		1	$	1,266
Equity in income recognized during the period		—		—
Balance at end of period		1	$	1,266

(1)	During the first quarter of 2010, 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 owned the medical office building. The Company held a mortgage note receivable associated with this building. Upon acquisition of the building by the joint venture, the loan was converted to a permanent mortgage note payable to the Company, which is eliminated in consolidation.
(2)	During the first quarter of 2010, the Company sold five medical office buildings in Virginia that were previously classified as held for sale and therefore, not presented in this progression.
(3)	The Company has an investment in a joint venture that it accounts for under the cost method.

Healthcare Realty Trust Incorporated
Supplemental Information
Three Months Ended March 31, 2010	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			Development Properties (3)									% of
			(MOB)			(PC)			(ASC)			(SOP)			(SIP) (2)			(OTH)			Stabilization			CIP			Total			Total
Master Leases
	1	Alabama				$	17,660					$	2,698		$	17,722		$	9,493								$	47,573			2.1	%
	2	Arizona														16,012												16,012			0.7	%
	3	California					8,363									12,688												21,051			0.9	%
	4	Florida	$	17,440			28,553		$	6,144			3,411			11,703												67,251			2.9	%
	5	Georgia		7,822			2,683			3,133																		13,638			0.6	%
	6	Illinois		11,939						1,552																		13,491			0.6	%
	7	Iowa		83,621			1,839						2,154															87,614			3.8	%
	8	Indiana					21,597									43,406			3,790									68,793			3.0	%
	9	Massachusetts					12,035																					12,035			0.5	%
	10	Michigan																	13,105									13,105			0.6	%
	11	Missouri								5,208																		5,208			0.2	%
	12	Nevada		8,071																								8,071			0.4	%
	13	Pennsylvania														113,867												113,867			5.0	%
	14	Tennessee																	7,765									7,765			0.3	%
	15	Texas								17,314						19,225												36,539			1.6	%
	16	Virginia		7,020			30,919												11,317									49,256			2.2	%
	17	Washington		39,629																								39,629			1.7	%
		Master Leases	$	175,542		$	123,649		$	33,351		$	8,263		$	234,623		$	45,470		$	—		$	—		$	620,898			27.1	%
			(4) Normalized same facility NOI growth for Master Leases (1Q2010 vs. 1Q2009):																												1.9	%
Operating Properties
	1	Arizona		31,728			1,960															38,207						71,895			3.1	%
	2	Arkansas											3,055															3,055			0.1	%
	3	California		63,692						38,451																		102,143			4.5	%
	4	Colorado																				23,363						23,363			1.0	%
	5	District of Columbia		31,235																								31,235			1.4	%
	6	Florida		117,397			26,786																					144,183			6.3	%
	7	Hawaii		24,430																					72,514			96,944			4.2	%
	8	Illinois		23,491																		23,927						47,418			2.1	%
	9	Indiana		53,990																								53,990			2.4	%
	10	Kansas		13,754																								13,754			0.6	%
	11	Louisiana		11,731																								11,731			0.5	%
	12	Maryland		15,931																								15,931			0.7	%
	13	Michigan		23,055																								23,055			1.0	%
	14	Mississippi		8,377																								8,377			0.4	%
	15	Missouri		37,211																								37,211			1.6	%
	16	Nevada								3,801																		3,801			0.2	%
	17	North Carolina		142,138																								142,138			6.2	%
	18	Oregon		20,525																								20,525			0.9	%
	19	Pennsylvania		10,798																								10,798			0.5	%
	20	South Carolina		10,953																								10,953			0.5	%
	21	Tennessee		167,628			2,336																					169,964			7.4	%
	22	Texas		399,768			19,661			25,148												80,521						525,098			23.0	%
	23	Virginia											2,166															2,166			0.1	%
	24	Washington		19,880																					17,876			37,756			1.7	%
		Operating Properties	$	1,227,712		$	50,743		$	67,400		$	5,221		$	—		$	—		$	166,018		$	90,390		$	1,607,484			70.4	%
			(4) Normalized same facility NOI growth for Operating Properties (1Q2010 vs. 1Q2009):																												2.0	%
Land Held for Development																									17,301			17,301			0.8	%
Corporate Property																												14,716			0.6	%
		Total Equity Investments	$	1,403,254		$	174,392		$	100,751		$	13,484		$	234,623		$	45,470		$	166,018		$	107,691		$	2,260,399			98.9	%
		Average Age of Facility (years)		20			22			22			15			21			34									21
		1Q 2010 Economic Occupancy (5) (6)		88	%		90	%		87	%		63	%		100	%		94	%		16	%					84	%
		1Q 2010 Stabilized Occupancy (5)		88	%		90	%		87	%		63	%		100	%		94	%								89	%
Mortgage Investments				5,821			16,811																					22,632			1.0	%
		Mortgage Investments	$	5,821		$	16,811		$	—		$	—		$	—		$	—		$	—		$	—		$	22,632			1.0	%
Unconsolidated Joint Ventures
		Utah																	1,266									1,266			0.1	%
		Joint Venture Investments	$	—		$	—		$	—		$	—		$	—		$	1,266		$	—		$	—		$	1,266			0.1	%
		Total Investments	$	1,409,075		$	191,203		$	100,751		$	13,484		$	234,623		$	46,736		$	166,018		$	107,691		$	2,284,297			100.0	%
		Percent of $ Invested		62.2	%		8.4	%		4.4	%		0.6	%		10.3	%		2.1	%		7.3	%		4.7	%		100.0	%
		Number of Investments		123			33			10			5			13			11			8			2			205

(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)	Development properties are all classified as MOBs and further identified as Stabilization or Construction in Progress (CIP). Properties in Stabilization generated NOI of ($787,318) for the three months ended March 31, 2010. The Properties in Stabilization are estimated to have a weighted average remaining lease-up period of 9 quarters.
(4)	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 88% of the Company’s owned real estate portfolio is included in the calculation of the ‘same facility’ NOI growth.
(5)	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 eight development properties currently in stabilization. The average underlying tenant occupancy of the eight properties under Property Operating Agreements, as directed by the respective sponsor, was approximately 60%.
(6)	The Properties in Stabilization are currently 25% leased. The difference between occupied and leased reflects tenants that have signed leases but have not taken occupancy due to buildout of their suite.

Healthcare Realty Trust Incorporated
Supplemental Information
Three Months Ended March 31, 2010	Page 6 of 8

(5) DEVELOPMENT PROPERTIES (1)

     CONSTRUCTION IN PROGRESS

	Estimated							CIP at		Estimated		Estimated
	Completion		Property			Approximate		March 31,		Remaining		Total
State	Date		Type	Properties		Square Feet		2010		Fundings		Investment
Under construction:
Hawaii		2Q 2010	MOB		1		133,000	$	72,514	$	13,486	$	86,000
Washington		3Q 2011	MOB		1		206,000		17,876		74,324		92,200
Land held for development:
Texas									9,184
Texas									8,117
					2		339,000	$	107,691	$	87,810	$	178,200

(1) Properties currently under construction are estimated to reach stabilized occupancy over a period of two to three years following completion.

STABILIZATION IN PROGRESS

			Date					Investment at		Estimated								Estimated
	Number of		Transferred		Property	Square		March 31,		Total		1Q 2010						Stabilization
State	Properties		from CIP		Type	Feet		2010		Investment		NOI			Leased			Date
Texas		1		1Q 2008	MOB		140,221	$	22,621	$	24,900	$	324			55	%		2Q 2011
Colorado		2		3Q 2008	MOB		161,099		23,363		27,400		(308	)		19	%		4Q 2011
Arizona		2		4Q 2008	MOB		180,256		38,207		42,700		(221	)		7	%		1Q 2012
Texas		1		3Q 2009	MOB		129,879		31,529		33,000		(246	)		34	%		2Q 2012
Illinois		1		4Q 2009	MOB		95,436		23,927		26,400		(148	)		15	%		3Q 2012
Texas		1		4Q 2009	MOB		116,838		26,371		28,600		(188	)		23	%		4Q 2012
							823,729	$	166,018	$	183,000	$	(787	)

(6) LEASE MATURITY SCHEDULE (1)

	Annualized							Average
	Minimum		Number of		Percentage			Square Feet
	Rents (2)		Leases		of Revenues			Per Lease
2010	$	25,147		293		11.4	%		3,759
2011		27,335		286		12.4	%		3,804
2012		27,711		255		12.5	%		4,430
2013		31,693		202		14.4	%		6,274
2014		36,373		271		16.5	%		5,236
2015		9,678		76		4.4	%		5,956
2016		10,555		47		4.8	%		8,472
2017		13,921		38		6.3	%		20,243
2018		10,084		60		4.6	%		8,526
2019		10,770		19		4.9	%		9,237
Thereafter		17,503		56		7.8	%		13,651

(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 March 31, 2010	Page 7 of 8

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

A)By Geographic Location

	Number of Properties						Owned (2)								Third Party
			Third						Development Properties				Not		Property
	Owned		Party		Total		Managed (3)		Stabilization (3)		CIP		Managed		Management		Total		Percent
1 Texas		44				44		2,877,589		386,938				181,526				3,446,053		27.0	%
2 Tennessee		17		5		22		1,278,736						75,000		252,883		1,606,619		12.6	%
3 Florida		25				25		780,360						363,694				1,144,054		9.0	%
4 North Carolina		14				14		724,291										724,291		5.7	%
5 California		10				10		458,955						93,000				551,955		4.3	%
6 Pennsylvania		7				7		63,914						437,601				501,515		3.9	%
7 Arizona		10		1		11		201,789		180,256				51,903		59,106		493,054		3.9	%
8 Virginia		8				8		10,000						466,204				476,204		3.7	%
9 Indiana		5				5		248,663						205,499				454,162		3.5	%
10 Washington		5				5		73,548				206,000		159,071				438,619		3.4	%
11 Iowa		9				9								369,180				369,180		2.9	%
12 Illinois		4				4		142,955		95,436				115,100				353,491		2.8	%
13 Alabama		6				6								327,535				327,535		2.6	%
14 Michigan		8				8		199,749						121,672				321,421		2.5	%
15 Hawaii		3				3		173,502				133,000						306,502		2.4	%
16 Missouri		5				5		174,248						13,478				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		1.0	%
20 Mississippi		1		1		2		58,036								39,648		97,684		0.8	%
21 Maryland		2				2		94,664										94,664		0.7	%
22 Massachusetts		2				2								84,242				84,242		0.7	%
23 Georgia		3				3								78,779				78,779		0.6	%
24 Oregon		1				1		62,246										62,246		0.5	%
25 Kansas		1				1		70,908										70,908		0.5	%
26 Nevada		2				2		16,878						31,026				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		200		7		207		8,078,842		823,729		339,000		3,174,510		351,637		12,767,718		100.0	%

B)By Facility Type

	Owned															Third Party
				Stabilization			Construction			Not			Total			Property
	Managed (3)			in Progress (3)			in Progress			Managed			Owned			Management			Total			Percent
Medical Office		7,423,108			823,729			339,000			902,282			9,488,119			351,637			9,839,756			77.0	%
Physician Clinics		331,167									688,055			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		302,604									133,067			435,671						435,671			3.4	%
Specialty Outpatient		21,963									37,216			59,179						59,179			0.5	%
Total Square Feet		8,078,842			823,729			339,000			3,174,510			12,416,081			351,637			12,767,718			100.0	%
Percent of Total Square Footage		63.2	%		6.5	%		2.7	%		24.8	%		97.2	%		2.8	%		100.0	%
Total Number of Properties		125			8			2			65			200			7			207

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		735,144		73,501										808,645		6.5	%
2 HealthSouth										695,286				695,286		5.6	%
3 Carolinas Healthcare System		566,970												566,970		4.6	%
4 HCA		107,129		235,600		20,938						16,400		380,067		3.0	%
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%		7,883,366		517,127		414,733		59,179		102,786		481,893		9,459,084		76.2	%
Total Square Feet		9,488,119		1,019,222		435,671		59,179		915,597		498,293		12,416,081		100.0	%

(1)	Mortgage notes, investments in joint ventures and assets classified as held for sale are excluded.
(2)	Approximately 64% 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 1,468 leases with an average of 4,072 square feet per lease.

Healthcare Realty Trust Incorporated
Supplemental Information
Three Months Ended March 31, 2010	Page 8 of 8