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

Exhibit 99.2

Three Months Ended December 31, 2005

Dollars in thousands, except per share data, unless otherwise disclosed

Updated as of February 9, 2006

Quarterly Supplemental Data Report is also available on the Company’s website — www.healthcarerealty.com
Bethany A. Mancini (615) 269-8175
Email: BMancini@healthcarerealty.com

Healthcare Realty Trust
Supplemental Data Report
Three Month Ended December 31, 2005 Page 1 of 14

1) CONSOLIDATED BALANCE SHEETS

	(Unaudited)
ASSETS	Dec. 31, 2005			Dec. 31, 2004
Real estate properties (1):
Land	$	133,195		$	137,470
Buildings, improvements and lease intangibles		1,670,884			1,660,690
Personal property		21,932			16,327
Construction in progress		7,030			18,826
		1,833,041			1,833,313
Less accumulated depreciation		(315,794	)		(270,519	)
Total real estate properties, net		1,517,247			1,562,794
Cash and cash equivalents		7,037			2,683
Mortgage notes receivable		105,795			40,321
Assets held for sale, net (2)		21,415			61,246
Other assets, net		96,158			83,766
Total assets	$	1,747,652		$	1,750,810
LIABILITIES AND STOCKHOLDERS’ EQUITY
Liabilities:
Notes and bonds payable	$	778,446		$	719,264
Accounts payable and accrued liabilities		30,774			28,279
Other liabilities		25,964			22,651
Total liabilities		835,184			770,194
Commitments and contingencies		0			0
Stockholders’ equity:
Preferred stock, $.01 par value; 50,000,000 shares authorized; issued and outstanding, none		0			0
Common stock, $.01 par value; 150,000,000 shares authorized; issued and outstanding, 2005 — 47,768,148; 2004 — 47,701,108		478			477
Additional paid-in capital		1,220,522			1,218,137
Deferred compensation		(13,013	)		(15,153	)
Cumulative net income		595,401			542,733
Cumulative dividends		(890,920	)		(765,578	)
Total stockholders’ equity		912,468			980,616
Total liabilities and stockholders’ equity	$	1,747,652		$	1,750,810

(1)	Total weighted average depreciable life is 34.3 years. (see schedule 5)
(2)	In accordance with SFAS No. 144, “Accounting for Impairment or Disposal of Long-Lived Assets,” the Company reported assets as held for sale and included them in discontinued operations on the Company’s income statement.

Healthcare Realty Trust
Supplemental Data Report
Three Month Ended December 31, 2005 Page 2 of 14

2) CONSOLIDATED STATEMENTS OF INCOME (1)

	For the Three Months						For the Twelve Months
	Ended December 31,						Ended December 31,
	2005			2004			2005		2004
	(Unaudited)			(Unaudited)			(Unaudited)		(Unaudited)
REVENUES
Master lease rental income	$	19,095		$	17,921		$	73,444	$	69,928
Property operating income		33,922			32,588			135,375		108,806
Straight-line rent		1,402			769			259		1,487
Mortgage interest income		2,827			1,180			9,103		8,766
Other operating income (2)		9,643			8,817			36,355		33,727
		66,889			61,275			254,536		222,714
EXPENSES
General and administrative		4,084			4,121			16,090		13,687
Property operating expenses		19,232			18,289			72,841		57,360
Other operating expenses (2)		4,058			3,801			15,937		14,517
Bad debt expense		1,177			103			1,308		(212	)
Interest		13,049			11,388			48,969		43,899
Depreciation		11,515			11,588			50,058		43,122
Amortization (3)		2,981			3,152			12,190		8,155
		56,096			52,442			217,393		180,528
INCOME FROM CONTINUING OPERATIONS		10,793			8,833			37,143		42,186
DISCONTINUED OPERATIONS
Operating income from discontinued operations		897			3,416			8,755		14,557
Gain on sale of real estate properties and impairments, net		(3	)		(607	)		6,770		(1,210	)
		894			2,809			15,525		13,347
NET INCOME	$	11,687		$	11,642		$	52,668	$	55,533
BASIC EARNINGS PER COMMON SHARE:
INCOME FROM CONTINUING OPERATIONS PER COMMON SHARE	$	0.23		$	0.19		$	0.80	$	0.97
DISCONTINUED OPERATIONS PER COMMON SHARE	$	0.02		$	0.06		$	0.33	$	0.30
NET INCOME PER COMMON SHARE	$	0.25		$	0.25		$	1.13	$	1.27
DILUTED EARNINGS PER COMMON SHARE:
INCOME FROM CONTINUING OPERATIONS PER COMMON SHARE	$	0.23		$	0.19		$	0.78	$	0.94
DISCONTINUED OPERATIONS PER COMMON SHARE	$	0.02		$	0.06		$	0.33	$	0.30
NET INCOME PER COMMON SHARE	$	0.25		$	0.25		$	1.11	$	1.24
WTD AVERAGE COMMON SHARES OUTSTANDING — BASIC		46,488,468			46,377,130			46,465,215		43,706,528
WTD AVERAGE COMMON SHARES OUTSTANDING — DILUTED		47,429,525			47,348,772			47,406,798		44,627,475

(1)	The income statements do not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements.
(2)	Includes the operations of the properties consolidated in the Company’s consolidated financial statements as required in FIN 46(R) as variable interest entities.
(3)	Financial Accounting Standards Board (“FASB”) Statement No. 141 requires that the purchase price of real estate operations be allocated between the land, the physical building as if the building was vacant when acquired, the lease intangible assets, the goodwill, and the customer relationship assets acquired. The purchase price allocated to the lease intangible assets is amortized over the remaining lease term, typically one to five years, compared to the estimated depreciable life of the building of 39 years.

Healthcare Realty Trust
Supplemental Data Report
Three Months Ended December 31, 2005 Page 3 of 14

2) CONSOLIDATED STATEMENTS OF INCOME (cont.)

     RECONCILIATION OF NET INCOME TO TAXABLE INCOME (unaudited)

	For the Three Months						For the Twelve Months
	Ended December 31,						Ended December 31,
	2005			2004			2005		2004
Net income	$	11,687		$	11,642		$	52,668		$	55,533
Depreciation and amortization		3,181			4,951			15,519			12,189
Gain or Loss on disposition of depreciable assets		(764	)		1,182			2,851			667
Straight-line rent		(1,402	)		(726	)		(97	)		(1,569	)
Other		8,971			655			13,276			3,990
		9,986			6,062			31,549			15,277
Taxable Income (1)	$	21,673		$	17,704		$	84,217		$	70,810

(1) Before REIT dividend paid deduction

NOTE: The differences between financial statement net income and REIT taxable income arise from income and expenses included in net income that are nontaxable or nondeductible, respectively, for federal income tax purposes, or that are taxable or deductible, respectively, in another period or periods due to timing differences between the methods of accounting appropriate under generally accepted accounting principles and those required for federal income tax purposes. Such differences for the Company include those listed above in detail and other differences, which are attributable to deferred rents, reserves for doubtful accounts and other contingencies, prepaid expenses, deferred compensation, nondeductible expenses, nontaxable income, purchase accounting differences arising from tax-free reorganizations, and other differences between GAAP and federal income tax accounting methods.

Healthcare Realty Trust
Supplemental Data Report
Three Month Ended December 31, 2005 Page 4 of 14

3) STATEMENT OF CASH FLOWS

	For the Three Months						For the Twelve Months
	Ended December 31,						Ended December 31,
	2005			2004			2005			2004
	(Unaudited)			(Unaudited)			(Unaudited)			(Unaudited)
CASH FLOWS FROM OPERATING ACTIVITIES
Net income	$	11,687		$	11,642		$	52,668		$	55,533
Non-cash items:
Depreciation and amortization — real estate		14,559			15,767			62,758			54,639
Depreciation and amortization — other		322			2,096			1,544			2,781
Gain on sale of real estate		—			—			(7,483	)		—
Impairments due to sale of real estate		3			607			713			1,210
Deferred compensation amortization		843			891			3,678			3,554
Increase in deferred post-retirement benefits		546			320			1,254			902
Provision for bad debt		1,177			103			1,308			(212	)
Increase in straight-line rent		(1,404	)		(790	)		(99	)		(1,022	)
Total non-cash items		16,046			18,994			63,673			61,852
Other items:
Increase (decrease) in other liabilities		(111	)		1,169			(231	)		4,508
(Increase) decrease in other assets		(161	)		2,955			(9,708	)		(1,858	)
Increase (decrease) in accounts payable and accrued liabilities		(14,177	)		(11,246	)		2,505			6,203
Total other items		(14,449	)		(7,122	)		(7,434	)		(8,853	)
Net cash provided by operating activities		13,284			23,514			108,907			126,238
CASH FLOWS FROM INVESTING ACTIVITIES
Acquisition and development of real estate properties		(12,994	)		(16,711	)		(102,819	)		(355,470	)
Funding of mortgages and notes receivable		(11,320	)		(558	)		(76,636	)		(3,465	)
Proceeds from sales of real estate		—			5,000			130,079			10,189
Proceeds from mortgage and notes repayments		591			18,540			6,265			48,636
Net cash provided by (used in) investing activities		(23,723	)		6,271			(43,111	)		(300,110	)
CASH FLOWS FROM FINANCING ACTIVITIES
Borrowings on notes and bonds payable		87,100			57,000			250,348			565,494
Repayments on notes and bonds payable		(43,545	)		(57,891	)		(187,296	)		(436,689	)
Dividends paid		(31,520	)		(30,759	)		(125,342	)		(115,700	)
Debt issuance costs		—			—			—			(2,566	)
Proceeds from issuance of common stock		55			483			848			161,099
Net cash provided by (used in) financing activities		12,090			(31,167	)		(61,442	)		171,638
Increase (decrease) in cash and cash equivalents		1,651			(1,382	)		4,354			(2,234	)
Cash and cash equivalents, beginning of period		5,386			4,065			2,683			4,917
Cash and cash equivalents, end of period	$	7,037		$	2,683		$	7,037		$	2,683

4) RECONCILIATION OF FUNDS FROM OPERATIONS (1) — Unaudited

	For the Three Months				For the Twelve Months
	Ended December 31,				Ended December 31,
	2005		2004		2005			2004
Net Income(2)	$	11,687	$	11,642	$	52,668		$	55,533
Net Gain on Sale of Real Estate Properties		0		0		(7,483	)		0
Real Estate Depreciation and Amortization		14,559		15,767		62,758			54,639
Total Adjustments		14,559		15,767		55,275			54,639
Funds From Operations — Basic and Diluted	$	26,246	$	27,409	$	107,943		$	110,172
Funds From Operations Per Common Share — Basic	$	0.56	$	0.59	$	2.32		$	2.52
Funds From Operations Per Common Share — Diluted	$	0.55	$	0.58	$	2.28		$	2.47
Wtd Average Common Shares Outstanding — Basic		46,488,468		46,377,130		46,465,215			43,706,528
Wtd Average Common Shares Outstanding — Diluted		47,429,525		47,348,772		47,406,798			44,627,475

(1)	Funds From Operations (“FFO”) and FFO per share are operating performance measures adopted by the National Association of Real Estate Investment Trusts, Inc. (“NAREIT”). NAREIT defines FFO as the most commonly accepted and reported measure of a REIT’s operating performance equal to “net income (computed in accordance with generally accepted accounting principles), excluding gains (or losses) from sales of property plus depreciation and amortization, and after adjustments for unconsolidated partnerships and joint ventures.”
	Management uses FFO and FFO per share to compare and evaluate its own operating results from period to period, and to monitor the operating results of the Company’s peers in the REIT industry. The Company reports FFO and FFO per share because these measures are observed by management to also be the predominant measures used by the REIT industry and by industry analysts to evaluate REITs. However, FFO does not represent cash generated from operating activities determined in accordance with accounting principles generally accepted in the United States (“GAAP”) and is not necessarily indicative of cash available to fund cash needs. FFO should not be considered an alternative to net income as an indicator of the Company’s operating performance or as an alternative to cash flow as a measure of liquidity.
(2)	See schedule 3, Statement of Cash Flows, for a reconciliation of non-cash items included in net income.

Healthcare Realty Trust
Supplemental Data Report
Three Months Ended December 31, 2005 Page 5 of 14

5) INVESTMENT PROGRESSION

A) Construction in Progress

			For the Three					For the Twelve
	Number of		Months Ended		Number of			Months Ended
	Properties		12/31/05		Properties			12/31/05
Balance at beginning of period		1	$	6,819		2		$	18,826
Fundings on projects in existence at the beginning of the period		0		40		0			4,339
New Projects started during the period (1)		1		171		1			171
Completions		0		0		(1	)		(16,306	)
Balance at end of period		2	$	7,030		2		$	7,030

B) Real Estate Properties (2)

			For the Three					For the Twelve
	Number of		Months Ended		Number of			Months Ended
	Properties		12/31/05		Properties			12/31/05
Balance at beginning of period		235	$	1,842,125		243		$	1,889,369
Acquisitions		0		0		8			56,417
Additions/Improvements		0		9,994		0			27,349
Completions (CIP)		0		0		1			16,306
Sales		0		0		(17	)		(137,322	)
Balance at end of period		235	$	1,852,119		235		$	1,852,119

C) Mortgage Notes Receivable

			For the Three						For the Twelve
	Number of		Months Ended			Number of			Months Ended
	Investments		12/31/05			Investments			12/31/05
Balance at beginning of period		10	$	95,648			8		$	40,321
Funding of Mortgages (1)		2		10,750			6			71,976
Repayments		0		0			(2	)		(4,073	)
Amortization		0		0			0			(217	)
Scheduled Principal Payments		0		(603	)		0			(2,212	)
Balance at end of period		12	$	105,795			12		$	105,795

(1)	During the quarter the Company funded two new mortgage notes receivable consisting of one group of independent living facilities and one group of assisted living facilities totaling $10.8 million. Also during the quarter, the Company began work on a new medical office building development in Texas.
(2)	Real Estate Properties includes assets held for sale.

Healthcare Realty Trust
Supplemental Data Report
Three Months Ended December 31, 2005 Page 6 of 14

6) INVESTMENT BY TYPE AND GEOGRAPHIC LOCATION

				Inpatient Facilities
	Medical Office/			Assisted			Skilled			Inpatient			Independent			Other
	Outpatient			Living			Nursing			Rehab			Living			Inpatient						% of
	Facilities			Facilities			Facilities			Facilities			Facilities			Facilities			Total			Total
Master Leases
1 Alabama	$	55,560		$	4,457					$	17,722								$	77,739		3.96%
2 Arizona		5,253																		5,253		0.27%
3 Arkansas		3,055																		3,055		0.16%
4 California		25,834														$	12,688			38,522		1.96%
5 Florida		89,260			16,067						11,703									117,030		5.96%
6 Georgia		4,278			6,025															10,303		0.52%
7 Illinois		13,425																		13,425		0.68%
8 Indiana							$	3,790												3,790		0.19%
9 Massachusetts		12,035																		12,035		0.61%
10 Michigan								24,107									13,859			37,966		1.93%
11 Mississippi					3,569															3,569		0.18%
12 Missouri		21,057			6,250			11,139												38,446		1.96%
13 Nevada		3,801																		3,801		0.19%
14 North Carolina					3,982															3,982		0.20%
15 Ohio					4,612															4,612		0.23%
16 Oklahoma								13,037												13,037		0.66%
17 Pennsylvania					32,179			21,764			113,867									167,810		8.54%
18 South Carolina								26,786												26,786		1.36%
19 Tennessee		7,963			3,967			6,452					$	19,187						37,569		1.91%
20 Texas		41,418			28,895						13,203			44,112			6,022			133,650		6.80%
21 Virginia		65,043			17,675			38,040												120,758		6.15%
Total Master Leases	$	347,982		$	127,678		$	145,115		$	156,495		$	63,299		$	32,569		$	873,138		44.44%
				Same facility NOI growth for Master Leases (4Q2005 vs. 4Q2004):2.6%
Operating Properties
1 Arizona	$	26,933																	$	26,933		1.37%
2 California		97,203																		97,203		4.95%
3 District of Columbia		28,940																		28,940		1.47%
4 Florida		107,571																		107,571		5.47%
5 Georgia		10,054																		10,054		0.51%
6 Hawaii		28,914																		28,914		1.47%
7 Illinois		18,852																		18,852		0.96%
8 Kansas		11,975																		11,975		0.61%
9 Louisiana		11,685																		11,685		0.59%
10 Maryland		14,554																		14,554		0.74%
11 Michigan		21,369																		21,369		1.09%
12 Mississippi		10,887																		10,887		0.55%
13 Missouri		18,964																		18,964		0.97%
14 Nevada		53,298																		53,298		2.71%
15 Pennsylvania		23,304																		23,304		1.19%
16 Tennessee		153,293																		153,293		7.80%
17 Texas		306,025																		306,025		15.57%
18 Virginia		9,498																		9,498		0.48%
19 Wyoming		19,517																		19,517		0.99%
Total Oper. Properties	$	972,836		$	—		$	—		$	—		$	—		$	—		$	972,836		49.51%
				Same facility NOI growth for Operating Properties (4Q2005 vs. 4Q2004):3.9%
Corporate Property																				13,175		0.67%
Total Equity Investments	$	1,320,818		$	127,678		$	145,115		$	156,495		$	63,299		$	32,569		$	1,859,149		94.62%
Wtd Avg Depreciable Life (yrs):		34.4			32.8			33.3			34.8			33.1			34.6			34.3
Wtd Avg Period Held (yrs):		7.4			6.2			6.7			7.2			4.4			8.6			6.6
Mortgages
1 Arizona				$	4,524														$	4,524		0.23%
2 California					4,732															4,732		0.24%
3 Florida					11,032															11,032		0.56%
4 Georgia					4,750															4,750		0.24%
5 Indiana													$	6,000						6,000		0.31%
6 Maryland							$	27,333												27,333		1.39%
7 Oregon					2,563															2,563		0.13%
8 Tennessee								12,636												12,636		0.64%
9 Washington					32,225															32,225		1.64%
Total Mtg. Investments	$	—		$	59,826		$	39,969		$	—		$	6,000		$	—		$	105,795		5.38%
				Same facility NOI growth for Mortgages (4Q2005 vs. 4Q2004):  0.81%
Total Investments	$	1,320,818		$	187,504		$	185,084		$	156,495		$	69,299		$	32,569		$	1,964,944		100.00%
Percent of $ Invested		67.66	%		9.61	%		9.48	%		8.02	%		3.55	%		1.67	%		100.00	%
Number of Investments		163			34			32			9			8			3			249
Number of Beds					2,423			3,123			757			940			374			7,617

Healthcare Realty Trust
Supplemental Data Report
Three Months Ended December 31, 2005 Page 7 of 14

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

A) By Geographic Location

	Number of Properties						Owned						Third Party
			Third				Not		Construction				Property
	Owned		Party		Total		Managed		In Progress		Managed		Management		Total		Percent
1 Texas		50				50		832,454		123,200		2,316,236				3,271,890		24.75	%
2 Tennessee		23		5		28		536,799				1,259,154		246,857		2,042,810		15.45	%
3 Florida		29				29		715,481				603,273				1,318,754		9.97	%
4 Virginia		24		1		25		853,750				143,257		111,998		1,109,005		8.39	%
5 Pennsylvania		20				20		722,053				114,797				836,850		6.33	%
6 California		12				12		184,913				458,465				643,378		4.87	%
7 Michigan		12				12		364,635				198,909				563,544		4.26	%
8 Alabama		10				10		507,493								507,493		3.84	%
9 Hawaii		3				3				144,000		138,450				282,450		2.14	%
10 Missouri		10				10		172,412				106,146				278,558		2.11	%
11 Arizona		7		1		8		44,230				160,780		59,106		264,116		2.00	%
12 Illinois		3				3		115,100				141,765				256,865		1.94	%
13 Nevada		3				3		16,878				225,456				242,334		1.83	%
14 South Carolina		4				4		187,958								187,958		1.42	%
15 District of Columbia		2				2						182,836				182,836		1.38	%
16 Mississippi		3		2		5		25,000				94,987		48,710		168,697		1.28	%
17 Connecticut				24		24								161,823		161,823		1.22	%
18 Wyoming		1				1		—				139,647				139,647		1.06	%
19 Georgia		5				5		65,741				73,504				139,245		1.05	%
20 Oklahoma		5				5		139,216								139,216		1.05	%
21 Louisiana		2				2						133,211				133,211		1.01	%
22 Maryland		2				2						86,703				86,703		0.66	%
23 Massachusetts		2				2		84,242								84,242		0.64	%
24 Kansas		1				1						70,908				70,908		0.54	%
25 North Carolina		1				1		33,181								33,181		0.25	%
26 Ohio		1				1		33,181								33,181		0.25	%
27 Indiana		1				1		29,500								29,500		0.22	%
28 Arkansas		1				1		11,963								11,963		0.09	%
29 New York				1		1								1,926		1,926		0.01	%
Total Properties / Square Feet		237		34		271		5,676,180		267,200		6,648,484		630,420		13,222,284		100.00	%

B) By Facility Type

	Owned												Third Party
	Not			Construction						Total			Property
	Managed			In Progress			Managed			Owned			Management			Total
Medical Office/Outpatient Facilities		2,230,261			267,200			6,648,484			9,145,945			630,420			9,776,365
Assisted Living Facilities		886,982									886,982						886,982
Skilled Nursing Facilities		973,446									973,446						973,446
Inpatient Rehab Hospitals		643,383									643,383						643,383
Independent Living Facilities		725,767									725,767						725,767
Other Inpatient Facilities		216,341									216,341						216,341
Total Square Feet		5,676,180			267,200			6,648,484			12,591,864			630,420			13,222,284
Percent of Total Square Footage		42.93	%		2.02	%		50.28	%		95.23	%		4.77	%		100.00	%
Total Number of Properties		131			2			104			237			34			271

(1) Mortgage investments not included.

Healthcare Realty Trust
Supplemental Data Report
Three Months Ended December 31, 2005 Page 8 of 14

8) SQUARE FOOTAGE BY OWNERSHIP TYPE (1)

     A)Occupants Greater Than 1% (2)

			Inpatient Facilities
	Medical Office/			Assisted		Skilled		Inpatient		Independent		Other				% of
	Outpatient			Living		Nursing		Rehab		Living		Inpatient				Total (3)
	Facilities			Facilities		Facilities		Facilities		Facilities		Facilities		Total		Square Feet
1    Healthsouth		105,176							643,383						748,559		5.94	%
2    Baylor Health Systems		568,072													568,072		4.51	%
3    Emeritus Corporation					502,119										502,119		3.99	%
4    HCA		421,282													421,282		3.35	%
5    Cordia Enterprises											417,025				417,025		3.31	%
6    Senior Lifestyles											308,742				308,742		2.45	%
7    Epic Healthcare							269,967								269,967		2.14	%
8    Formation Capital							151,172								151,172		1.20	%
9    Ascension Nashville		150,612													150,612		1.20	%
10    Melbourne Internal Medicine Assocs		140,125													140,125		1.11	%
All Other Occupants:		7,760,678			384,863		552,307		—		—		216,341		8,914,189		70.79	%
Total		9,145,945			886,982		973,446		643,383		725,767		216,341		12,591,864		100.00	%

(1)	Mortgage investments not included.
(2)	Medical Office/Outpatient Facilities consists of approximately 2,465 occupants with an average square footage of approximately 3,660 feet per each, while Inpatient Facilities consists of 18 occupants with an average square footage of approximately 191,000 feet per each.
(3)	Based on Total Square Footage of Owned Properties

9) LEASE/MORTGAGE MATURITY SCHEDULE

     A)Leases

								Weighted
			Number of					Average
			Operating		Estimated		Percent of	Remaining
	Number of		Property		Annualized		Annualized	Lease
	Master Leases		Leases		Net Revenue		Net Revenue	Term (Years)
2006		3		260		22,345	11.26%		0.04
2007		11		245		21,201	10.68%		0.15
2008		13		184		19,554	9.85%		0.30
2009		21		229		34,653	17.46%		0.56
2010		12		104		14,258	7.18%		0.39
2011		7		34		13,442	6.77%		0.34
2012		5		20		6,824	3.44%		0.26
2013		24		27		21,593	10.88%		1.09
2014		4		28		6,856	3.45%		0.20
2015		8		11		7,753	3.91%		0.35
After 2015		22		5		30,001	15.12%		2.25
Total		130		1,147	$	198,480	100.00%		5.93
Number of Properties Represented: 235

     B)Mortgages

								Weighted
								Average
			Estimated		Percent of			Remaining
	Number of		Annualized		Annualized			Mortgage
	Mortgages		Net Revenue		Net Revenue			Term (Years)
2006		3		3,348		29.18	%		0.04
2007		1		540		4.71	%		0.04
2008		5		4,667		40.68	%		0.97
2009		3		2,918		25.43	%		0.78
2010		0		—		0.00	%		0.00
2011		0		—		0.00	%		0.00
2012		0		—		0.00	%		0.00
2013		0		—		0.00	%		0.00
2014		0		—		0.00	%		0.00
2015		0		—		0.00	%		0.00
After 2015		0		—		0.00	%		0.00
Total		12	$	11,473		100.00	%		1.84

Healthcare Realty Trust
Supplemental Data Report
Three Months Ended December 31, 2005 Page 9 of 14

10) CONSTRUCTION IN PROGRESS — AS OF DECEMBER 31, 2005

	Estimated
	Substantial		Investment		Remaining		Total
Operator	Completion Date	Properties	Balance		Commitment		Real Estate (1)
CIP
Baylor All Saints MOB	3Q 2007	1	$	171	$	21,939	$	22,110
Hawaii MOB (1)	4Q 2008	1		6,859		40,141		47,000
Total CIP (2)		2	$	7,030	$	62,080	$	69,110
Other Commitments
Baylor Downtown MOB (3)	2Q 2007	1		—		30,600		30,600
Total Commitments		3	$	7,030	$	92,680	$	99,710
Percentage of construction in progress to total investment portfolio:								0.36	%

(1)	During the second quarter of 2004, the Company acquired land in Honolulu. The site is currently under preparation, and the building is in the design phase.
(2)	During the three and twelve months ended December 31, 2005, the Company capitalized interest in the amount of $172 thousand and $1.4 million respectively.
(3)	In January, 2006, the Company entered into an agreement to develop a medical office building in Texas. The Company has committed $30.6 million to this project and anticipates completion in the 2nd quarter of 2007.

11) DIVIDEND HISTORY (dollars not rounded to thousands)

A) Common Stock

				Change
				From Prior
Operating Period	Payment Date	Amount		Quarter		Annualized
First Quarter 2001	June 7, 2001		0.575		0.005		2.30
Second Quarter 2001	Sept. 6, 2001		0.580		0.005		2.32
Third Quarter 2001	Dec. 6, 2001		0.585		0.005		2.34
Fourth Quarter 2001	Mar. 6, 2002		0.590		0.005		2.36
First Quarter 2002	June 6, 2002		0.595		0.005		2.38
Second Quarter 2002	Sept. 5, 2002		0.600		0.005		2.40
Third Quarter 2002	Dec. 5, 2002		0.605		0.005		2.42
Fourth Quarter 2002	Mar. 6, 2003		0.610		0.005		2.44
First Quarter 2003	June 5, 2003		0.615		0.005		2.46
Second Quarter 2003	Sept. 4, 2003		0.620		0.005		2.48
Third Quarter 2003	Dec. 4, 2003		0.625		0.005		2.50
Fourth Quarter 2003	Mar. 4, 2004		0.630		0.005		2.52
First Quarter 2004	June 3, 2004		0.635		0.005		2.54
Second Quarter 2004	Sept. 2, 2004		0.640		0.005		2.56
Third Quarter 2004	Dec. 2, 2004		0.645		0.005		2.58
Fourth Quarter 2004	Mar. 3, 2005		0.650		0.005		2.60
First Quarter 2005	June 2, 2005		0.655		0.005		2.62
Second Quarter 2005	Sept. 1, 2005		0.660		0.005		2.64
Third Quarter 2005	Dec. 2, 2005		0.660		0.000		2.64
Fourth Quarter 2005	Mar. 2, 2006		0.660		0.000		2.64

B) Information Regarding Taxable Status of 2004 and 2005 Cash Distributions on HR Common Shares

	Cash		Taxable				Total
	Distribution		Ordinary		Return of		Capital
	Per Share		Dividend		Capital		Gain
2004	$	2.5500000	$	1.6260000	$	0.9240000	$	—
2005	$	2.6250000	$	1.7684479	$	0.7402763	$	0.1162758

Healthcare Realty Trust
Supplemental Data Report
Three Months Ended December 31, 2005 Page 10 of 14

12) LONG-TERM DEBT INFORMATION — As of December 31, 2005

A) Breakdown Between Fixed and Variable Rate Debt:

	Balance		Effective Rate
Fixed Rate Debt:
Senior Notes due 2006	$	29,400		9.49	%
Senior Notes due 2011, net		306,629		7.218	%	See Note (C)
Senior Notes due 2014, net		298,708		5.190	%	See Note (F)
Mortgage Notes Payable		70,709	Range from 5.49% to 8.00%			See Note (D)
		705,446
Variable Rate Debt:
Unsecured Credit Facility due 2006		73,000	1.10% over LIBOR			See Note (E)
		73,000
Total	$	778,446

B) Future Maturities:

																2011
	2006			2007			2008			2009			2010			and After		Total
Fixed Rate Debt:
Senior Notes due 2006	$	29,400		$	—		$	—		$	—		$	—		$	—	$	29,400
Senior Notes due 2011, net		1,956			2,099			2,254			2,419			2,597			295,304		306,629
Senior Notes due 2014, net		(131	)		(138	)		(145	)		(153	)		(161	)		299,436		298,708
Mortgage Notes Payable		4,422			4,781			5,138			5,530			5,947			44,891		70,709
Variable Rate Debt:
Unsecured Credit Facility due 2006		73,000			—			—			—			—			—		73,000
	$	108,647		$	6,742		$	7,247		$	7,796		$	8,383		$	639,631	$	778,446

C)	In May 2001, the Company sold $300 million principal amount of unsecured Senior Notes due May 2011. The notes were priced to yield 8.202%. The Company also entered into an interest rate swap agreement with two banks on $125 million of these notes on which the Company will effectively pay interest at the equivalent rate of 4.12% over six month LIBOR. The rate is established each May 1 and November 1 for the previous six month period. The fair value of the interest rate swap is combined with the principal balance of the Senior Notes due 2011.
D)	In April 2001, the Company entered into six Mortgage Notes Payable with an aggregate principal balance of $35 million related to collateral with a book value at March 31, 2001 of $78.2 million. These Mortgage Notes Payable and related collateral are held by special purpose entities whose sole members are solely owned subsidiaries of HR. These Mortgage Notes Payable bear interest at 7.22%, are payable in monthly installments of principal and interest and mature in May 2011. Related to its second quarter 2005 acquisitions, the Company concurrently entered into or assumed mortgage notes of $9.2 million with interest rates ranging from 5.55% to 8.0%. In December 2005, the Company entered into a $15.1 million Mortgage Note Payable bearing interest of 5.490%.
E)	As of December 31, 2005, the Company had a three year $300 million senior unsecured revolving credit facility. The facility bore interest at LIBOR rates plus 1.10%, payable quarterly, and was scheduled to mature in October 2006. Under this credit facility, the Company paid a facility fee of 0.35% on the commitment, and was subject to other terms and conditions customary for transactions of this nature. Effective January 25, 2006, the Company entered into a new three year $400 million senior unsecured revolving credit facility. The new facility may be increased to $650 million at any time during the first two years of the facility term, at the Company’s request, subject to the availability of additional capital commitments, and may be extended for one year. The new facility currently bears interest at LIBOR rates plus 0.90% payable quarterly and matures in January 2009. In addition, the Company will pay a facility fee, currently 0.20%, on the commitment and is subject to other terms and conditions customary for such transactions.
F)	In March 2004, the Company sold at a discount $300 million principal amount of 5.125% unsecured Senior Notes due April 2014. The notes were priced to yield 5.19%.
G)	Credit Rating:
	Moody’s Investors Service has assigned a “Baa3” credit rating to the Company’s Senior Notes due 2006, 2011, and 2014.
	Standard & Poor’s has assigned a “BBB-” credit rating to the Company’s Senior Notes due 2006, 2011, and 2014.
	Fitch Ratings has assigned a “BBB” credit rating to the Company’s Senior Notes due 2006, 2011, and 2014.

Healthcare Realty Trust
Supplemental Data Report
Three Months Ended December 31, 2005 Page 11 of 14

13) COMMON SHARES INFORMATION

The share amounts below set forth the computation of basic and diluted shares (in accordance with FASB Statement No. 128) which will be used as the denominator in the computation of EPS and FFO per share amounts:

	For the Three Months						For the Twelve Months
	Ended December 31,						Ended December 31,
	2005			2004			2005			2004
Total Common Shares Outstanding		47,768,148			47,701,108			47,768,148			47,701,108
Weighted Average Common Shares Outstanding		47,759,173			47,690,534			47,746,562			45,015,205
Weighted Average Actual Restricted Stock Shares		(1,270,705	)		(1,313,404	)		(1,281,347	)		(1,308,677	)
Denominator Shares for Basic Common Share EPS and FFO		46,488,468			46,377,130			46,465,215			43,706,528
Dilutive effect of restricted stock shares		901,450			925,110			894,134			867,671
Dilutive effect of employee stock purchase plan		39,607			46,532			47,449			53,276
Denominator Shares for Diluted Common Share EPS and FFO		47,429,525			47,348,772			47,406,798			44,627,475

Note 1: As of December 31, 2005, HR had approximately 1,908 shareholders of record.

Note 2: During the third quarter of 2004, the Company issued 4.6 million shares of common stock at $36.30 per share ($34.57 per share net of discounts and commissions) in an underwritten public offering and received approximately $159.0 million in net proceeds.

14) BENEFICIAL SECURITY OWNERSHIP BY MANAGEMENT AND DIRECTORS AS OF DECEMBER 31, 2005

Officers	Owned			Restricted (1)		Total
David R. Emery		185,872	(2)		773,757		959,629
Scott W. Holmes		2,310			16,871		19,181
J. D. Carter Steele		3,723			16,471		20,194
John M. Bryant, Jr.		854			6,786		7,640
Other Officers as a group		60,900			448,868		509,768
Directors as a group		52,482			10,100		62,582
Total		306,141			1,272,853		1,578,994

(1)	These shares are subject to long-term vesting requirements pursuant to the terms of the 1993 Employees Stock Incentive Plan, the 2003 Employees Restricted Stock Incentive Plan and the HR Discretionary Bonus Program.
(2)	Includes 143,352 shares owned by the Emery Family Limited Partnership and 1,448 shares owned by the Emery Family 1993 Irrevocable Trust. Mr. Emery is a limited partner of the partnership and a beneficiary of the trust, but has no voting or investment power with respect to the shares owned by such partnership or trust.

15) INSTITUTIONAL HOLDINGS AS OF SEPTEMBER 30, 2005

A)	Institutional Shares Held:	28,311,747		(Source: Form 13F Filings)
B)	Number of Institutions:	204
C)	Percentage of Common Shares Outstanding:	59.51	%

16) BOOK VALUE PER COMMON SHARE

Total Stockholders’ Equity	$	912,468
Total Common Shares Outstanding		47,768,148
Book Value Per Common Share	$	19.10

Healthcare Realty Trust
Supplemental Data Report
Three Months Ended December 31, 2005 Page 12 of 14

17) OTHER 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: hrinfo@healthcarerealty.com

          Other Offices:

Central Regional Office — Arizona
Tennessee Regional Office — Tennessee
Texas Regional Office — Texas
Western Regional Office — California

B) Stock Exchange, Symbol and CUSIP Number:

Security Description	Stock Exchange	Symbol	CUSIP Number
Common Stock	New York Stock Exchange	HR		421946104
Senior Notes due 2011	OTC	HR		421946AE4
Senior Notes due 2014	OTC	HR		421946AF1

C) Web Site:www.healthcarerealty.com

D) Corporate Officers:

Healthcare Realty Trust Incorporated
David R. Emery, Chairman of the Board and Chief Executive Officer
John M. Bryant, Jr., Senior Vice President and General Counsel
Scott W. Holmes, Senior Vice President and Chief Financial Officer
J. D. Carter Steele, Senior Vice President and Chief Operating Officer
Fredrick M. Langreck, Senior Vice President / Treasurer
B. Douglas Whitman, Senior Vice President / Real Estate Investments
James M. Albright, Vice President / Asset Management
Stephen E. Cox, Jr., Vice President / Assistant General Counsel
James C. Douglas, Vice President / Asset Administration
Angela R. Hoke, Vice President and Chief Accounting Officer
Leigh Ann Stach, Vice President / Financial Reporting
Roger O. West, Vice President / Special Counsel
William R. Davis, Associate Vice President / Information Technology
Toni L. Ewing, Associate Vice President / Asset Administration
Robert E. Hull, Associate Vice President / Asset Administration
Bethany A. Mancini, Associate Vice President / Corporate Communications
Todd J. Meredith, Associate Vice President / Real Estate Investments
Rebecca T. Oberlander, Associate Vice President / Human Resources
Amy M. Poley, Associate Vice President / Real Estate Investments
Timothy H. Staggs, Associate Vice President / Corporate Compliance
Kimberly R. Sullivan, Associate Vice President / Asset Administration
Rita H. Todd, Corporate Secretary

Healthcare Realty Services Incorporated
J.D. Carter Steele, President
Anne C. Barbour, Vice President / National Asset Manager
Gilbert T. Irvin, Vice President / Operations
Julie A. Wilson, Vice President / National Asset Manager
Amy A. Byrd, Associate Vice President / National Asset Manager
Revell M. Lester, Associate Vice President / Project Development Services
Steve L. Standifer, Associate Vice President / Real Estate Investments

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 — Center for Health Administration, University of Colorado (Healthcare Academician)
C. Raymond Fernandez, M.D., Chief Executive Officer and Chief Medical Officer, Piedmont Clinic (Physician)
Batey M. Gresham, Jr., A.I.A., Founder, Gresham Smith & Partners (Healthcare Architect)
Marliese E. Mooney (Hospital Operations Consultant)
Edwin B. Morris III, Managing Director, Morris & Morse (Real Estate Finance Executive)
J. Knox Singleton, Chief Executive Officer, INOVA Health Systems (Healthcare Provider Executive)
Bruce D. Sullivan, retired audit partner, Ernst & Young LLP (Accounting and Financial Reporting Executive)
Dan S. Wilford, retired President and Chief Executive Officer, Memorial Hermann Healthcare System (Healthcare Provider Executive)

Healthcare Realty Trust
Supplemental Data Report
Three Months Ended December 31, 2005 Page 13 of 14

17) OTHER CORPORATE INFORMATION (cont.)

     F)     Professional Affiliations:

Independent Public Auditors

BDO Seidman, LLP

Clark Tower

5100 Poplar Avenue, Suite 2600

Memphis, TN 38137-2601

Transfer Agent

Computershare Trust Company, N.A.

P.O. Box 43010

Providence, RI 02940-3010

Phone: 781-575-3400

     G)     Direct Deposit of Dividends:

Direct deposit of dividends is offered as a convenience to stockholders of record. For information, write Computershare, Shareholder Services, P.O. Box 43010, Providence, RI 02940-3010, or call (781) 575-3400.

     H)     Analysts Providing Research Coverage on HR:

A.G. Edwards & Sons, Inc.	John Sheehan (314) 955-5834
Friedman, Billings, Ramsey & Co.	Paul Morgan (415) 874-3412
Harris Nesbitt Corp.	Richard Anderson (212) 885-4180
Stifel Nicolaus & Co., Inc.	Jerry Doctrow (410) 454-5142
Prudential Securities, Inc.	Jamie Feldman (212) 778-1724
Ryan Beck & Co.	Robert Mains (201) 748-4965
Wachovia Securities	Stephen Swett (212) 909-0954

     I)     Investor Relations:

Healthcare Realty Trust Incorporated

3310 West End Avenue, Suite 700

Nashville, TN 37203

Attention: Bethany A. Mancini

Phone: 615-269-8175

Fax: 615-269-8461

E-mail: BMancini@healthcarerealty.com

In addition to the historical information contained within, this enclosed information may contain forward-looking statements that involve risks and uncertainties, including the development of transactions that may materially differ from the results of these projections. These risks are discussed in a 10-K filed with the SEC by Healthcare Realty Trust for the year ended December 31, 2004. Forward-looking statements represent the Company’s judgment as of the date of the release of this information. The Company disclaims any obligation to update this forward-looking material.

Healthcare Realty Trust
Supplemental Data Report
Three Months Ended December 31, 2005 Page 14 of 14