1
EXHIBIT 99.1
HEALTHCARE REALTY
TRUST
SUPPLEMENTAL DATA REPORT
THREE MONTHS ENDED SEPTEMBER 30, 2000
Dollars in thousands, except per share data, unless otherwise disclosed
Updated as of November 16, 2000
1) RECONCILIATION OF FUNDS FROM OPERATIONS (1)
(Unaudited) (Unaudited)
FOR THE THREE MONTHS FOR THE NINE MONTHS
ENDED SEPT 30, ENDED SEPT 30,
----------------------------- ----------------------------
2000 1999 2000 1999
----------------------------- ----------------------------
NET INCOME BEFORE NET GAIN (LOSS) ON SALE OF REAL ESTATE PROPERTIES $ 20,196 $ 20,262 $ 62,147 $ 59,413
ELIMINATION OF THE RECOGNITION OF RENTAL REVENUES
ON A STRAIGHT LINE BASIS (2) (1,890) (1,394) (6,358) (4,453)
PREFERRED STOCK DIVIDEND (1,664) (1,664) (4,992) (4,990)
REAL ESTATE DEPRECIATION 9,654 9,326 28,558 28,652
----------------------------- ----------------------------
TOTAL ADJUSTMENTS 6,100 6,268 17,208 19,209
----------------------------- ----------------------------
FUNDS FROM OPERATIONS - BASIC $ 26,296 $ 26,530 $ 79,355 $ 78,622
============================= ============================
CONVERTIBLE SUBORDINATED DEBENTURE INTEREST 125 80 204 213
============================= ============================
FUNDS FROM OPERATIONS - DILUTED $ 26,421 $ 26,610 $ 79,559 $ 78,835
============================= ============================
FUNDS FROM OPERATIONS PER COMMON SHARE - BASIC $ 0.67 $ 0.68 $ 2.01 $ 2.00
============================= ============================
FUNDS FROM OPERATIONS PER COMMON SHARE - DILUTED $ 0.66 $ 0.67 $ 1.97 $ 1.97
============================= ============================
COMMON SHARES OUTSTANDING - BASIC 39,537,234 39,304,676 39,500,423 39,287,404
============================= ============================
COMMON SHARES OUTSTANDING - DILUTED 40,290,439 39,969,686 40,284,615 39,948,987
============================= ============================
(1) Funds From Operations ("FFO") does not represent cash generated from
operating activities in accordance with generally accepted accounting
principles, is not necessarily indicative of cash available to fund
cash needs and should not be considered as 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.
Management believes the Company's FFO is not directly comparable to
other healthcare REIT's, which own a portfolio of triple net leased
properties or mortgages, as the Company develops projects through a
development and lease-up phase before they reach their targeted cash
flow returns. Furthermore, the Company eliminates, in consolidation,
fee income for developing, leasing and managing owned properties and
expenses or capitalizes, whichever the case may be, related internal
costs.
(2) The Company calculates its FFO using a modified version of National
Association of Real Estate Investment Trust's ("NAREIT") October 1999
definition of funds from operations. The Company eliminates
straight-line rental revenue in computing FFO although NAREIT's
definition of funds from operations requires the inclusion of
straight-line rental revenue. If the Company had followed the NAREIT
definition of funds from operations, as other healthcare REITs do, FFO
on a diluted basis would have been $.70 and $2.13 per common share for
the three months and nine months ended Sept 30, 2000, respectively.
- -------------------------------------------------------------------------------
Quarterly Supplemental Data Report is also available on the Company's website--
www.healthcarerealty.com
Bethany A. Anderson (615) 269-8175
Email: BAnderson@healthcarerealty.com
- -------------------------------------------------------------------------------
HEALTHCARE REALTY TRUST
SUPPLEMENTAL DATA REPORT
THREE MONTHS ENDED SEPTEMBER 30, 2000 PAGE 1 OF 13
2
2) CONDENSED CONSOLIDATED BALANCE SHEETS
ASSETS (UNAUDITED) (1)
SEPT 30, 2000 DEC. 31, 1999
------------- -------------
Real estate properties:
Land $ 152,880 $ 150,591
Buildings and improvements 1,292,640 1,223,387
Personal property 5,752 5,165
Construction in progress 19,810 20,003
----------- -----------
1,471,082 1,399,146
Less accumulated depreciation (111,419) (83,996)
----------- -----------
Total real estate properties, net 1,359,663 1,315,150
Cash and cash equivalents 5,334 3,396
Restricted cash 574 990
Mortgage notes receivable 173,747 250,346
Other assets, net 37,677 38,082
----------- -----------
Total assets $ 1,576,995 $ 1,607,964
=========== ===========
LIABILITIES AND STOCKHOLDERS' EQUITY
Liabilities:
Notes and bonds payable $ 537,006 $ 563,884
Accounts payable and accrued liabilities 20,599 17,658
Other liabilities 9,696 8,519
----------- -----------
Total liabilities 567,301 590,061
----------- -----------
Commitments and contingencies -- --
Stockholders' equity:
Preferred stock, $.01 par value; 50,000,000 shares authorized;
issued and outstanding, 2000 and 1999 -- 3,000,000 30 30
Common stock, $.01 par value; 150,000,000 shares authorized;
issued and outstanding, 2000 -- 40,150,931; 1999 -- 40,004,579 402 400
Additional paid-in capital 1,056,739 1,054,405
Deferred compensation (10,087) (9,509)
Cumulative net income 277,204 215,373
Cumulative dividends (314,594) (242,796)
----------- -----------
Total stockholders' equity 1,009,694 1,017,903
----------- -----------
Total liabilities and stockholders' equity $ 1,576,995 $ 1,607,964
=========== ===========
(1) The balance sheet at December 31, 1999 has been derived from audited
financial statements at that date but does not include all of the information
and footnotes required by generally accepted accounting principles for complete
financial statements.
HEALTHCARE REALTY TRUST
SUPPLEMENTAL DATA REPORT
THREE MONTHS ENDED SEPTEMBER 30, 2000 PAGE 2 OF 13
3
3) CONDENSED CONSOLIDATED STATEMENTS OF INCOME
(UNAUDITED) (UNAUDITED)
FOR THE THREE MONTHS FOR THE NINE MONTHS
ENDED SEPT 30, ENDED SEPT 30,
------------------------------ ----------------------------
2000 1999 2000 1999
------------------------------ ----------------------------
REVENUES
Master lease rental income $ 24,108 $ 22,866 $ 72,216 $ 69,360
Property operating income 15,936 14,623 46,740 41,980
Straight line rent 1,890 1,394 6,358 4,453
Mortgage interest income 5,635 6,717 18,127 19,229
Management fees 659 687 2,129 2,010
Interest and other income 1,360 231 2,127 794
------------------------------ ----------------------------
49,588 46,518 147,697 137,826
------------------------------ ----------------------------
EXPENSES
General and administrative 2,559 1,695 6,558 5,492
Property operating expenses 5,982 5,254 17,205 15,135
Interest 10,925 9,724 32,434 28,366
Depreciation 9,810 9,466 29,004 29,063
Amortization 116 117 349 357
------------------------------ ----------------------------
29,392 26,256 85,550 78,413
------------------------------ ----------------------------
NET INCOME BEFORE NET GAIN (LOSS) ON SALE OF REAL ESTATE
PROPERTIES 20,196 20,262 62,147 59,413
Net gain (loss) on sale of real estate properties (5) (32) (316) 2,150
------------------------------ ----------------------------
NET INCOME $ 20,191 $ 20,230 $ 61,831 $ 61,563
============================== ============================
NET INCOME PER COMMON SHARE - BASIC $ 0.47 $ 0.47 $ 1.44 $ 1.44
============================== ============================
NET INCOME PER COMMON SHARE - DILUTED $ 0.46 $ 0.47 $ 1.42 $ 1.42
============================== ============================
COMMON SHARES OUTSTANDING - BASIC 39,537,234 39,304,676 39,500,423 39,287,404
============================== ============================
COMMON SHARES OUTSTANDING - DILUTED 40,290,439 39,969,686 40,284,615 39,948,987
============================== ============================
NOTE> The income statements do not include all of the information and footnotes
required by generally accepted accounting principles for complete financial
statements.
HEALTHCARE REALTY TRUST
SUPPLEMENTAL DATA REPORT
THREE MONTHS ENDED SEPTEMBER 30, 2000 PAGE 3 OF 13
4
4) INVESTMENT PROGRESSION
A) CONSTRUCTION IN PROGRESS
FOR THE THREE FOR THE NINE
NUMBER OF MONTHS ENDED NUMBER OF MONTHS ENDED
PROPERTIES 09/30/00 PROPERTIES 09/30/00
---------------------------------- -------------------------------
Balance at beginning of period 6 $18,029 6 $20,003
Fundings on projects in existence at
the beginning of the period - 5,860 - 13,099
New Projects started during the period 1 10 2 25
Completions (1) (4,089) (2) (13,317)
---------------------------------- -------------------------------
Balance at end of period 6 $19,810 6 $19,810
================================== ===============================
B) REAL ESTATE PROPERTIES
FOR THE THREE FOR THE NINE
NUMBER OF MONTHS ENDED NUMBER OF MONTHS ENDED
PROPERTIES 09/30/00 PROPERTIES 09/30/00
---------------------------------- -------------------------------
Balance at beginning of period 204 $1,421,824 196 $1,379,143
Acquisitions 0 0 0 0
Additions/Improvements - 1,793 - 9,012
Completions (CIP) 1 4,089 2 13,317
Sales (1) (4,652) (4) (10,282)
Other (1) 4 28,218 14 60,082
---------------------------------- -------------------------------
Balance at end of period 208 $1,451,272 208 $1,451,272
================================== ===============================
C) MORTGAGE NOTES RECEIVABLE
FOR THE THREE FOR THE NINE
NUMBER OF MONTHS ENDED NUMBER OF MONTHS ENDED
PROPERTIES 09/30/00 PROPERTIES 09/30/00
---------------------------------- -------------------------------
Balance at beginning of period 74 $215,585 82 $250,346
Funding of Mortgage Commitments 1 229 3 2,463
Prepayments (9) (13,622) (9) (13,622)
Purchase Price Adjustment Amortization - (203) - (628)
Scheduled Principal Payments 0 (411) 0 (1,286)
Other (1) (11) (27,831) (21) (63,526)
---------------------------------- -------------------------------
Balance at end of period 55 $173,747 55 $173,747
================================== ===============================
(1) Other adjustments for the three months ended 9/30/00 consists of 4
mortgages which were converted to leases; and for the nine months
ended 9/30/00, it consists of 14 mortgages which were converted to
leases and net proceeds from a mortgage participation transaction.
HEALTHCARE REALTY TRUST
SUPPLEMENTAL DATA REPORT
THREE MONTHS ENDED SEPTEMBER 30, 2000 PAGE 4 OF 13
5
5) INVESTMENT BY TYPE AND GEOGRAPHIC LOCATION
OUTPATIENT FACILITIES
--------------------------------------------------------------------------
ANCILLARY COMP. MEDICAL OTHER
HOSPITAL PHYSICIAN AMBULATORY OFFICE OUTPATIENT
FACILITIES CLINICS CARE CENTERS BUILDINGS FACILITIES (1)
--------------------------------------------------------------------------
PROPERTY OPERATING/OTHER AGREEMENTS
- -----------------------------------
1 Arizona 3,534 11,035
2 California 50,715 28,752
3 Florida 34,587 37,199 7,877
4 Georgia 17,764
5 Kansas 10,888
6 Mississippi 10
7 Missouri 5,337 9,851
8 Nevada 43,394
9 Pennsylvania 4,851 4,325
10 Tennessee 14,573 8,257 10,714
11 Texas 23,954 50 118
12 Virginia 40,109 3,809 12,007
13 Wyoming 6,583
------------------------------------------------------------------------
TOTAL P.O.A.s/OTHER 250,962 21,728 86,887 30,716 0
------------------------------------------------------------------------
MASTER LEASES
- -------------
1 Alabama 42,964 8,368 11,430
2 Arkansas 2,989
3 Arizona 5,274
4 California 28,934 8,094 1,046
5 Colorado
6 Connecticut
7 Florida 34,502 55,360 22,447 1,417 9,481
8 Georgia 5,299 1,561
9 Illinois 11,680 1,453
10 Indiana
11 Kansas
12 Massachusetts 30,786
13 Michigan
14 Mississippi 4,290
15 Missouri 16,015 4,470
16 North Carolina
17 New Jersey
18 Nevada 6,881 3,801
19 Ohio
20 Oklahoma
21 Pennsylvania
22 South Carolina
23 Tennessee 3,139 2,555
24 Texas 48,114 25,450 21,689 1,976 2,040
25 Virginia 40,761 1,941 2,119
26 Wyoming
------------------------------------------------------------------------
TOTAL MASTER LEASES 210,569 147,592 60,151 5,334 44,680
------------------------------------------------------------------------
CORPORATE PROPERTY
------------------------------------------------------------------------
TOTAL EQUITY INVESTMENTS $ 461,531 $ 169,320 $ 147,038 $ 36,050 $ 44,680
========================================================================
MORTGAGES
- ---------
1 Alabama
2 Arizona
3 California
4 Florida 9,447
5 Georgia
6 Idaho
7 Massachusetts
8 Maryland
9 Michigan
10 Mississippi
11 Montana
12 North Carolina
13 New Mexico
14 Ohio
15 Oregon
16 Pennsylvania
17 South Carolina
18 Tennessee
19 Texas 201
20 Virginia
21 Washington
------------------------------------------------------------------------
TOTAL MTG. INVESTMENTS $ -- $ 9,648 $ -- $ -- $ --
------------------------------------------------------------------------
------------------------------------------------------------------------
TOTAL INVESTMENTS $ 461,531 $ 178,968 $ 147,038 $ 36,050 $ 44,680
========================================================================
PERCENT OF $ INVESTED 28.060% 10.881% 8.939% 2.192% 2.716%
========================================================================
NUMBER OF PROPERTIES 60 34 14 9 13
========================================================================
(1) 3 facility types <2% each.
(2) 4 facility types <2% each.
INPATIENT FACILITIES
-----------------------------------------------------------------
ASSISTED SKILLED INPATIENT OTHER
LIVING NURSING REHAB INPATIENT % OF
FACILITIES FACILITIES FACILITIES FACILITIES (2) TOTAL TOTAL
---------------------------------------------------------------------------------------------
PROPERTY OPERATING/OTHER AGREEMENTS
- -----------------------------------
1 Arizona 14,569 0.89%
2 California 79,467 4.83%
3 Florida 79,663 4.84%
4 Georgia 17,764 1.08%
5 Kansas 10,888 0.66%
6 Mississippi 10 0.00%
7 Missouri 15,188 0.92%
8 Nevada 43,394 2.64%
9 Pennsylvania 9,176 0.56%
10 Tennessee 33,544 2.04%
11 Texas 24,122 1.47%
12 Virginia 55,925 3.40%
13 Wyoming 6,583 0.40%
---------------------------------------------------------------------------------------------
TOTAL P.O.A.s/OTHER 0 0 0 0 390,293 23.73%
---------------------------------------------------------------------------------------------
MASTER LEASES
- -------------
1 Alabama 4,275 17,722 84,759 5.15%
2 Arkansas 2,989 0.18%
3 Arizona 2,874 8,148 0.50%
4 California 6,891 12,688 57,653 3.51%
5 Colorado 26,408 26,408 1.61%
6 Connecticut 11,925 11,925 0.72%
7 Florida 21,463 10,206 11,703 166,579 10.13%
8 Georgia 9,860 16,720 1.02%
9 Illinois 8,151 21,284 1.29%
10 Indiana 3,640 3,640 0.22%
11 Kansas 7,593 7,593 0.46%
12 Massachusetts 30,786 1.87%
13 Michigan 12,715 13,558 26,273 1.60%
14 Mississippi 9,752 14,042 0.85%
15 Missouri 6,114 10,897 37,496 2.28%
16 North Carolina 3,849 6,176 10,025 0.61%
17 New Jersey 18,634 18,634 1.13%
18 Nevada 10,682 0.65%
19 Ohio 4,338 4,338 0.26%
20 Oklahoma 12,951 12,951 0.79%
21 Pennsylvania 30,333 20,617 112,248 2,859 166,057 10.10%
22 South Carolina 3,005 3,005 0.18%
23 Tennessee 7,329 8,335 21,358 1.30%
24 Texas 70,977 19,466 12,916 5,891 208,519 12.68%
25 Virginia 16,735 36,410 97,966 5.96%
26 Wyoming 6,822 6,822 0.41%
---------------------------------------------------------------------------------------------
TOTAL MASTER LEASES 240,453 190,976 154,589 22,308 1,076,652 65.46%
---------------------------------------------------------------------------------------------
CORPORATE PROPERTY 4,137 4,137 0.25%
---------------------------------------------------------------------------------------------
TOTAL EQUITY INVESTMENTS $ 240,453 $ 190,976 $ 154,589 $ 26,445 $ 1,471,082 89.44%
=============================================================================================
MORTGAGES
- ---------
1 Alabama 4,664 7,965 12,629 0.77%
2 Arizona 10,798 17,779 28,577 1.74%
3 California 21,593 6,095 7,906 35,594 2.16%
4 Florida 5,714 6,913 22,074 1.34%
5 Georgia 1,133 1,133 0.07%
6 Idaho 4,932 4,932 0.30%
7 Massachusetts 2,238 2,238 0.14%
8 Maryland 15,117 15,117 0.92%
9 Michigan 11,105 11,105 0.68%
10 Mississippi 1,340 1,340 0.08%
11 Montana 2,073 2,073 0.13%
12 North Carolina 2,487 2,487 0.15%
13 New Mexico 758 758 0.05%
14 Ohio 1,604 601 2,205 0.13%
15 Oregon 2,934 2,934 0.18%
16 Pennsylvania 1,007 1,007 0.06%
17 South Carolina 3,080 3,080 0.19%
18 Tennessee 1,933 11,701 13,634 0.83%
19 Texas 1,863 2,453 4,517 0.27%
20 Virginia 4,527 4,527 0.28%
21 Washington 1,786 1,786 0.11%
---------------------------------------------------------------------------------------------
TOTAL MTG. INVESTMENTS $ 66,619 $ 69,342 $ -- $ 28,138 $ 173,747 10.56%
---------------------------------------------------------------------------------------------
---------------------------------------------------------------------------------------------
TOTAL INVESTMENTS $ 307,072 $ 260,318 $ 154,589 $ 54,583 $ 1,644,829 100.00%
=============================================================================================
PERCENT OF $ INVESTED 18.669% 15.826% 9.398% 3.318% 100.000%
==================================================================================
NUMBER OF PROPERTIES 72 52 9 6 269
==================================================================================
(1) 3 facility types <2% each.
(2) 4 facility types <2% each.
HEALTHCARE REALTY TRUST
SUPPLEMENTAL DATA REPORT
THREE MONTHS ENDED SEPTEMBER 30, 2000 PAGE 5 OF 13
6
6) INVESTMENT BY OPERATOR/SIGNIFICANT TENANT
Number of (1) Number of
Real Estate Real Estate Mortgage Mortgage
Properties Investment Properties Investment
------------------------- --------------------------
PUBLIC OR INVESTMENT GRADE OPERATORS/SIGNIFICANT TENANTS
--------------------------------------------------------
1 Healthsouth 30 296,895 0
2 HCA - The Healthcare Company 30 230,395 0
3 Tenet 13 103,415 1 7,906
4 Balanced Care 14 63,203 0
5 Integrated Health 3 36,327 0
6 Baptist Memorial Hospital 3 4,283 0
7 Caremark Rx 6 32,561 0
8 Emeritus 4 28,218 0
9 Centennial 6 16,355 1 9,489
10 Methodist 4 25,689 0
11 Quorum 4 24,158 0
12 Ephrata Community Hospital 2 9,176 0
13 Ramsay 2 19,450 0
14 United Medical Center 1 6,583 0
15 KS Management Services 1 16,938 0
16-27 12 Operators With Less than 1% Each 16 104,173 1 7,133
------------------------- -------------------------
139 1,017,819 3 24,528
------------------------- -------------------------
OTHER OPERATORS/SIGNIFICANT TENANTS
-----------------------------------
28 Life Care Centers 12 82,822 2 9,446
29 Senior Lifestyles 10 75,746 0
30 Summerville 5 50,258 0
31 Lewis-Gale Clinic, LLC 10 44,730 0
32 Kerlan Jobe Orthopedic 1 28,752 0
33 Melbourne Internal Medicine 4 27,935 0
34 Multi-tenant 5 27,606 0
35 Prestige Care 0 7 23,267
36 MedCath 1 3,534 1 17,778
37 Wellington 5 18,969 0
38-67 30 Operators With Less than 1% Each 22 88,774 42 98,728
------------------------- -------------------------
75 449,126 52 149,219
------------------------- -------------------------
Corporate Property 4,137
------------------------- -------------------------
TOTAL INVESTMENT AND COMMITMENTS 214 $ 1,471,082 55 $ 173,747
========================= =========================
Total (1)
Number of Total
Properties Investment Commitments Total Percent
-------------------------------------------------------------------
PUBLIC OR INVESTMENT GRADE OPERATORS/SIGNIFICANT TENANTS
--------------------------------------------------------
1 Healthsouth 30 296,895 296,895 17.61%
2 HCA - The Healthcare Company 30 230,395 2,130 232,525 13.79%
3 Tenet 14 111,321 111,321 6.60%
4 Balanced Care 14 63,203 63,203 3.75%
5 Integrated Health 3 36,327 36,327 2.16%
6 Baptist Memorial Hospital 3 4,283 28,584 32,867 1.95%
7 Caremark Rx 6 32,561 32,561 1.93%
8 Emeritus 4 28,218 28,218 1.67%
9 Centennial 7 25,844 25,844 1.53%
10 Methodist 4 25,689 25,689 1.52%
11 Quorum 4 24,158 24,158 1.43%
12 Ephrata Community Hospital 2 9,176 9,176 0.54%
13 Ramsay 2 19,450 19,450 1.15%
14 United Medical Center 1 6,583 10,531 17,114 1.02%
15 KS Management Services 1 16,938 16,938 1.01%
16-27 12 Operators With Less than 1% Each 17 111,306 -- 111,306 6.60%
-------------------------------------------------------------------
142 1,042,347 41,245 1,083,592 64.27%
-------------------------------------------------------------------
OTHER OPERATORS/SIGNIFICANT TENANTS
-----------------------------------
28 Life Care Centers 14 92,268 92,268 5.47%
29 Senior Lifestyles 10 75,746 75,746 4.49%
30 Summerville 5 50,258 50,258 2.98%
31 Lewis-Gale Clinic, LLC 10 44,730 44,730 2.65%
32 Kerlan Jobe Orthopedic 1 28,752 28,752 1.71%
33 Melbourne Internal Medicine 4 27,935 27,935 1.66%
34 Multi-tenant 5 27,606 27,606 1.64%
35 Prestige Care 7 23,267 23,267 1.38%
36 MedCath 2 21,312 21,312 1.26%
37 Wellington 5 18,969 18,969 1.13%
38-67 30 Operators With Less than 1% Each 64 187,502 -- 187,502 11.12%
-------------------------------------------------------------------
127 598,345 -- 598,345 35.49%
-------------------------------------------------------------------
Corporate Property 4,137 4,137 0.25%
-------------------------------------------------------------------
TOTAL INVESTMENT AND COMMITMENTS 269 $1,644,829 $ 41,245 $1,686,074 100.00%
===================================================================
(1) Includes construction in progress.
7) SQUARE FEET OWNED AND/OR MANAGED BY GEOGRAPHIC LOCATION
Owned Third Party
--------------------- ------------------------
NOT Property Asset
Managed Managed Management Management Mortgages Total Percent
--------------------- ------------------------ ----------------------------------
1 Florida 830,748 691,202 1,920,148 1,586,129 198,990 5,227,217 27.90%
2 Texas 997,793 600,890 2,241,378 174,044 4,014,105 21.42%
3 Virginia 613,905 592,771 898,899 75,900 2,181,475 11.64%
4 California 317,821 384,312 362,854 1,064,987 5.68%
5 Tennessee 161,366 412,410 298,271 872,047 4.65%
6 Pennsylvania 758,703 57,657 45,809 862,169 4.60%
7 Alabama 549,373 138,551 687,924 3.67%
8 Michigan 235,227 129,408 364,635 1.95%
9 Georgia 106,215 202,019 40,000 348,234 1.86%
10 Arizona 74,507 75,621 192,987 343,115 1.83%
11 Missouri 172,412 103,176 275,588 1.47%
12 Nevada 43,579 195,516 239,095 1.28%
13 Massachusetts 210,987 23,862 234,849 1.25%
14 Colorado 225,764 225,764 1.20%
15 Mississippi 78,024 97,471 12,260 187,755 1.00%
16 Illinois 181,100 181,100 0.97%
17 Wyoming 29,851 137,000 166,851 0.89%
18 Ohio 33,181 124,411 157,592 0.84%
19 Oklahoma 139,216 139,216 0.74%
20 Kansas 57,035 71,086 128,121 0.68%
21 Kentucky 126,649 126,649 0.68%
22 North Carolina 69,781 54,600 124,381 0.66%
23 New Jersey 110,844 110,844 0.59%
24 Maryland 96,780 96,780 0.52%
25 Oregon 80,429 80,429 0.43%
26 Connecticut 59,387 59,387 0.32%
27 South Carolina 21,120 23,000 44,120 0.24%
28 New Mexico 42,639 42,639 0.23%
29 Washington 39,239 39,239 0.21%
30 Montana 38,955 38,955 0.21%
31 Indiana 29,500 29,500 0.16%
32 Idaho 29,118 29,118 0.16%
33 Arkansas 11,963 11,963 0.06%
--------------------- ------------------------ ---------------------------------
TOTAL SQUARE FEET 6,119,402 3,621,131 5,187,074 1,586,129 2,222,107 18,735,843 100.00%
===================== ======================== =================================
PERCENT OF TOTAL SQUARE FOOTAGE 32.66% 19.33% 27.69% 8.47% 11.86% 100.00%
==================== ======================= ======================
HEALTHCARE REALTY TRUST PAGE 6 OF 13
SUPPLEMENTAL DATA REPORT
THREE MONTHS ENDED SEPTEMBER 30, 2000
7
8) SQUARE FEET OWNED AND/OR MANAGED BY FACILITY TYPE
Owned Third Party
----------------------- ------------------------
Not Property Asset
Managed Managed Management Management Mortgages Total Percent
----------------------- ---------------------------------------------------------------
Ancillary Hospital Facility 1,090,456 2,356,243 294,419 1,586,129 5,327,247 28.43%
Medical Office Buildings 42,932 318,688 4,875,050 5,236,670 27.95%
Assisted Living Facilities 1,670,645 1,154,597 2,825,242 15.08%
Skilled Nursing Facilities 1,286,351 842,217 2,128,568 11.36%
Physician's Clinics 880,899 203,252 17,605 105,915 1,207,671 6.45%
Comprehensive Ambulatory 87,102 705,997 793,099 4.23%
Care Centers
Inpatient Rehab Hospitals 643,383 643,383 3.43%
Other Outpatient Facilities 264,293 36,951 301,244 1.61%
Other Inpatient Facilities 153,341 119,378 272,719 1.46%
----------------------- ---------------------------------------------------------------
TOTAL SQUARE FEET 6,119,402 3,621,131 5,187,074 1,586,129 2,222,107 18,735,843 100.00%
======================= ===============================================================
PERCENT OF TOTAL SQUARE FOOTAGE 32.66% 19.33% 27.69% 8.47% 11.86% 100.00%
======================= ===================================================
9) SQUARE FEET OWNED AND/OR MANAGED BY OPERATOR/SIGNIFICANT TENANT
Owned Third Party
---------------------- -----------------------
Not Property Asset
Managed Managed Management Management Mortgages Total Percent
---------------------- ----------------------------------------------------------
PUBLIC OR INVESTMENT GRADE
OPERATOR/SIGNIFICANT TENANT
-----------------------------------
1 HCA - The Healthcare Company 463,706 1,057,929 4,003,067 1,586,129 7,110,831 37.95%
2 Healthsouth 1,181,798 239,041 1,420,839 7.58%
3 Tenet Healthcare Corporation 226,101 361,495 49,300 89,000 725,896 3.87%
4 Balanced Care 437,020 437,020 2.33%
5 Baptist Memorial Hospital 277,243 277,243 1.48%
6 Centennial Healthcare 151,172 80,000 231,172 1.23%
7 Methodist 218,098 218,098 1.16%
8 Emeritus 210,552 210,552 1.12%
9 Caremark Rx 190,601 190,601 1.02%
10-28 19 Operators with Square
Feet Less Than 1% 994,112 521,673 126,649 -- -- 1,642,434 8.77%
---------------------- ----------------------------------------------------------
TOTAL 3,855,062 2,675,479 4,179,016 1,586,129 169,000 12,464,686 66.53%
---------------------- ----------------------------------------------------------
OTHER OPERATOR/SIGNIFICANT TENANT
-----------------------------------
29 Medicorp Health System 777,091 777,091 4.15%
30 Life Care Centers of America 620,527 131,813 752,340 4.02%
31 Senior Lifestyles 553,573 553,573 2.95%
32 Lewis-Gale Clinic, LLC 490,355 490,355 2.62%
33 Prestige Care 300,244 300,244 1.60%
34 Summerville 292,231 292,231 1.56%
35 Hearthstone 278,777 278,777 1.49%
36 Multi-tenant 240,019 240,019 1.28%
37 Healthprime 200,558 200,558 1.07%
38-71 34 Operators with Square Feet
Less Than 1% 798,009 215,278 230,967 -- 1,141,715 2,385,969 12.73%
---------------------- ----------------------------------------------------------
TOTAL 2,264,340 945,652 1,008,058 -- 2,053,107 6,271,157 33.47%
---------------------- ----------------------------------------------------------
TOTAL SQUARE FEET 6,119,402 3,621,131 5,187,074 1,586,129 2,222,107 18,735,843 100.00%
====================== ==========================================================
HEALTHCARE REALTY TRUST
SUPPLEMENTAL DATA REPORT
THREE MONTHS ENDED SEPTEMBER 30, 2000 PAGE 7 OF 13
8
10) LEASE/MORTGAGE MATURITY SCHEDULE
A) LEASES
Weighted
Average
Estimated Percent of Remaining
Number of Annualized Annualized Lease
Leases Net Revenue Net Revenue Term (Years)
-------------------------------------------------
2000 3 $ 1,294 0.82% 0.00
2001 2 722 0.45% 0.01
2002 0 - 0.00% 0.00
2003 4 4,556 2.87% 0.06
2004 13 8,511 5.36% 0.24
2005 4 635 0.40% 0.09
2006 8 5,953 3.75% 0.22
2007 14 8,108 5.11% 0.46
2008 23 15,063 9.49% 0.86
2009 34 22,913 14.44% 1.43
2010 14 10,549 6.65% 0.65
2011 28 23,909 15.07% 1.44
2012 16 10,449 6.58% 0.90
2013 17 11,781 7.42% 1.03
2014 3 2,299 1.45% 0.20
After 2014 12 4,386 2.76% 0.84
Multi-tenant 19 27,576 17.38% 1.10
----------------------------------------------
TOTAL 214 $158,704 100.00% 9.53
==============================================
B) MORTGAGES
Weighted
Average
Estimated Percent of Remaining
Number of Annualized Annualized Mortgage
Mortgages Net Revenue Net Revenue Term (Years)
--------------------------------------------------
2000 0 $ -- 0.00% 0.00
2001 3 811 4.28% 0.03
2002 10 3,071 16.22% 0.26
2003 11 1,933 10.21% 0.27
2004 10 2,649 13.99% 0.62
2005 4 1,657 8.75% 0.24
2006 2 841 4.44% 0.32
2007 5 1,442 7.61% 0.77
2008 4 1,921 10.14% 0.78
2009 4 2,401 12.68% 1.11
2010 1 946 4.99% 0.54
2011 0 -- 0.00% 0.00
2012 0 -- 0.00% 0.00
2013 1 1,267 6.69% 0.51
2014 0 -- 0.00% 0.00
After 2014 0 -- 0.00% 0.00
----------------------------------------------
TOTAL 55 $ 18,939 100.00% 5.45
==============================================
11) COMMITMENTS AND CONSTRUCTION IN PROGRESS
AS OF SEPTEMBER 30, 2000
--------------------------------------------------------------------------------------------------
REAL ESTATE INVESTMENTS MORTGAGE INVESTMENTS
--------------------------------------------------------------------------------------------------
Investment Remaining Total Investment Remaining Total
Operator Properties Balance Commitment Real Estate(1) Properties Balance Commitment Mortgages
---------------------------- --------------------------------------------------------------------------------------------------
Baptist Memorial Hospital 3 $ 4,283 $ 28,584 $ 32,867 0 $ -- $ -- $ --
Conemaugh Health Systems 1 2,859 -- 2,859 0 -- -- --
Expansion of existing property 1 6,085 2,130 8,215 0 -- -- --
United Medical Center 1 6,583 10,531 17,114 0 -- -- --
Future Commitments 0 -- -- - 0 -- -- --
--------------------------------------------------------------------------------------------------
TOTAL 6 $19,810 $ 41,245 $ 61,055 0 $ -- $ -- $ --
==================================================================================================
Percentage of construction in progress to total investment 1.20%
portfolio at September 30, 2000: ========
(1) Projected Timing of Conversion to Revenue Producing Assets:
QTR 4, 2000 QTR 1, 2001 QTR 2, 2001 QTR 3, 2001 QTR 4, 2001 QTR 1, 2002 QTR 2, 2002 Total
---------------------------------------------------------------------------------------------------
Real Estate Investments with
related Commitments $8,215 $-- $27,208 $-- $22,773 $-- $2,859 $61,055
===================================================================================================
HEALTHCARE REALTY TRUST
SUPPLEMENTAL DATA REPORT
THREE MONTHS ENDED SEPTEMBER 30, 2000 PAGE 8 OF 13
9
12) LONG-TERM DEBT INFORMATION - AS OF SEPTEMBER 30, 2000
A) BREAKDOWN BETWEEN FIXED AND VARIABLE RATE DEBT:
BALANCE EFFECTIVE RATE
----------------------------------------
Fixed Rate Debt:
Senior Notes due 2002 $ 36,000 7.41%
Senior Notes due 2006 70,000 9.49%
6.55% Convertible Subordinated Debentures 74,330 7.50%
10.5% Convertible Subordinated Debentures 3,444 7.50%
Mortgage Notes Payable 43,099 Range from 7.625% to 8.5%
Other Note Payable 5,833 7.53%
----------
232,706
----------
Variable Rate Debt:
$265 Million Senior Revolving Credit Facility 265,000 See (C) Below
$200 Million Senior Term Loan Facility 39,300 See (D) Below
----------
304,300
----------
----------
TOTAL $ 537,006
==========
B) FUTURE MATURITIES:
2000 2001 2002 2003 2004 2005 and After Total
---------------------------------------------------------------------------
Fixed Rate Debt:
Senior Notes due 2002 $ 18,000 $ 18,000 $ -- $ -- $ -- $ 36,000
Senior Notes due 2006 -- -- -- -- 20,300 49,700 70,000
6.55% Convertible Subordinated Debentures (171) (236) 74,737 -- -- -- 74,330
10.5% Convertible Subordinated Debentures 26 38 3,380 -- -- -- 3,444
Mortgage Notes Payable 108 684 742 804 15,894 24,867 43,099
Other Note Payable 1,167 1,167 1,167 1,167 1,165 5,833
Variable Rate Debt:
$265 Million Senior Revolving Credit Facility -- 265,000 -- -- -- -- 265,000
$200 Million Senior Term Loan Facility 39,300 -- -- -- -- -- 39,300
---------------------------------------------------------------------------
$ 39,263 $ 284,653 $ 98,026 $ 1,971 $37,361 $ 75,732 $537,006
===========================================================================
C) DETAILS CONCERNING $265 MILLION SENIOR REVOLVING CREDIT
FACILITY ($265 MILLION OUTSTANDING):
i) Unused Borrowing Capacity: $0
ii) Interest Rate: Lower of LIBOR plus 1.05% or Prime
iii) Interest Rate on Unused Balance: 0.200%
iv) Maturity: October 2001
D) DETAILS CONCERNING $200 MILLION SENIOR TERM LOAN FACILITY
($39.3 MILLION OUTSTANDING):
i) Unused Borrowing Capacity: $0
ii) Interest Rate: Lower of LIBOR plus 2.50% or Prime
iii) Interest Rate on Unused Balance: 0.200%
iv) Maturity: November 30, 2000
E) CREDIT RATING:
Moody's Investors Service has assigned a "Baa3" credit rating
to the Company's Senior Notes due 2002 and 2006, and a "Ba2"
rating to the Company's preferred stock and convertible
subordinated debentures.
Duff & Phelps Credit Rating Co. has assigned a "BBB" credit
rating to the Company's Senior Notes due 2002 and 2006, and a
"BBB-" rating to the Company's preferred stock and convertible
subordinated debentures.
HEALTHCARE REALTY TRUST
SUPPLEMENTAL DATA REPORT
THREE MONTHS ENDED SEPTEMBER 30, 2000 PAGE 9 OF 13
10
13) DIVIDEND HISTORY
A) COMMON STOCK (DOLLARS NOT ROUNDED TO THOUSANDS)
INCREASE
FROM PRIOR
OPERATING PERIOD PAYMENT DATE AMOUNT QUARTER ANNUALIZED
---------------------------------------------------------------------------------------------------
First Quarter 1995 May 15, 1995 0.455 0.005 1.82
Second Quarter 1995 Aug. 15, 1995 0.460 0.005 1.84
Third Quarter 1995 Nov. 15, 1995 0.465 0.005 1.86
Fourth Quarter 1995 Feb. 15, 1996 0.470 0.005 1.88
First Quarter 1996 May 15, 1996 0.475 0.005 1.90
Second Quarter 1996 Aug. 15, 1996 0.480 0.005 1.92
Third Quarter 1996 Nov. 15, 1996 0.485 0.005 1.94
Fourth Quarter 1996 Feb. 17, 1997 0.490 0.005 1.96
First Quarter 1997 May 15, 1997 0.495 0.005 1.98
Second Quarter 1997 Aug. 15, 1997 0.500 0.005 2.00
Third Quarter 1997 Nov. 17, 1997 0.505 0.005 2.02
Fourth Quarter 1997 Feb. 16, 1998 0.510 0.005 2.04
First Quarter 1998 May 18, 1998 0.515 0.005 2.06
Second Quarter 1998 Aug. 17, 1998 0.520 0.005 2.08
Third Quarter 1998 Nov. 16, 1998 0.525 0.005 2.10
Fourth Quarter 1998 Feb. 15, 1999 0.530 0.005 2.12
First Quarter 1999 May 17, 1999 0.535 0.005 2.14
Second Quarter 1999 Aug. 16, 1999 0.540 0.005 2.16
Third Quarter 1999 Nov. 16, 1999 0.545 0.005 2.18
Fourth Quarter 1999 Feb. 16, 2000 0.550 0.005 2.20
First Quarter 2000 May 17, 2000 0.555 0.005 2.22
Second Quarter 2000 Aug. 16, 2000 0.560 0.005 2.24
Third Quarter 2000 Dec. 6, 2000 0.565 0.005 2.26
B) PREFERRED STOCK
INCREASE
FROM PRIOR
OPERATING PERIOD PAYMENT DATE AMOUNT QUARTER ANNUALIZED
-------------------------------------------------------------------------------------------------------
September 1, 1998 - November 15, 1998 Nov. 26, 1998 0.46224 0.0 2.22
November 16, 1998 - February 15, 1999 Feb. 26, 1999 0.55469 0.0 2.22
February 16, 1999 - May 15, 1999 May 28, 1999 0.55469 0.0 2.22
May 16, 1999 - August 15, 1999 Aug. 27, 1999 0.55469 0.0 2.22
August 16, 1999 - November 15, 1999 Nov. 26, 1999 0.55469 0.0 2.22
November 16, 1999 - February 15, 2000 Feb. 29, 2000 0.55469 0.0 2.22
February 16, 2000 - May 15, 2000 May 31, 2000 0.55469 0.0 2.22
May 16, 2000 - August 15, 2000 Aug. 31, 2000 0.55469 0.0 2.22
August 16, 2000 - November 15, 2000 Nov. 30, 2000 0.55469 0.0 2.22
Healthcare Realty Trust Incorporated is authorized to issue
50,000,000 shares of Preferred Stock. 3,000,000 shares of
8 7/8% Series A Voting Cumulative Preferred Stock, par value
$.01 per share, are issued and outstanding. Upon dissolution
of the Company, the Preferred Stock is senior to common stock
with respect to dividend rights and rights upon liquidation.
Holders of Preferred Stock are entitled to receive cumulative
preferential cash dividends at the rate of 8 7/8% per annum of
the liquidation preference of $25.00 per share payable
quarterly, in arrears, on the last business day in February,
May, August, and November of each year.
Preferred Stock is not redeemable prior to September 30, 2002.
On or after September 2002, the Company, at its option, may
redeem Preferred Stock, in whole or in part, at any time or
from time to time, at the redemption price. The holders of
each share of Preferred Stock have one vote and vote together
with the holders of common stock on all matters on which
stockholders may vote.
C) INFORMATION REGARDING TAXABLE STATUS OF 1999 CASH
DISTRIBUTIONS (DOLLARS NOT ROUNDED TO THOUSANDS)
CASH TAXABLE
DISTRIBUTION ORDINARY RETURN OF
PER SHARE DIVIDEND CAPITAL
----------------------------------------
HR COMMON $ 2.15000 $ 1.99973 $ 0.15027
CUSIP # 421946104
HR 8.875% SERIES A PREFERRED $ 2.21876 $ 2.21876 $ --
CUSIP # 421946203
Note> While the taxability of 2000 dividends cannot be
determined until late January 2001, the Company is not aware
of any activities that would cause a substantial change in the
taxability of the total 2000 dividend. Therefore, the
taxability of the total 2000 dividend should approximate the
taxability of the dividends paid February 15, May 17, August
16, and November 16, 1999
HEALTHCARE REALTY TRUST
SUPPLEMENTAL DATA REPORT
THREE MONTHS ENDED SEPTEMBER 30, 2000 PAGE 10 OF 13
11
14) 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 NINE MONTHS
ENDED SEPT 30, ENDED SEPT 30,
---------------------------- -----------------------------
2000 1999 2000 1999
---------------------------- -----------------------------
TOTAL COMMON SHARES OUTSTANDING 40,150,931 39,842,091 40,150,931 39,842,091
============================ =============================
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING 40,144,276 39,835,669 40,107,465 39,818,397
Actual Restricted Stock Shares (607,042) (530,993) (607,042) (530,993)
---------------------------- -----------------------------
DENOMINATOR SHARES FOR BASIC COMMON SHARE EPS AND FFO 39,537,234 39,304,676 39,500,423 39,287,404
Restricted Shares - Treasury 517,809 482,134 564,485 476,759
Dilution for Convertible Debentures 179,076 181,136 181,136 181,136
Dilution for Employee Stock Purchase Plan 56,320 1,740 38,571 3,688
---------------------------- -----------------------------
DENOMINATOR SHARES FOR DILUTED COMMON SHARE EPS AND FFO 40,290,439 39,969,686 40,284,615 39,948,987
============================ =============================
NOTE: AS OF SEPTEMBER 30, 2000, HR HAD APPROXIMATELY 1,758 SHAREHOLDERS OF
RECORD.
15) BENEFICIAL SECURITY OWNERSHIP BY MANAGEMENT AND DIRECTORS
Owned Restricted (1) Reserved (2) Options Total
------------------------------------------------------------------------
OFFICERS
-------------------------------------
David R. Emery 144,800(3) 287,712 225,000 0 657,512
Timothy G. Wallace 32,938 149,800 110,000 0 292,738
Roger O. West 3,238 151,576 110,000 0 264,814
Other Officers as a group 20,808 12,793 0 0 33,601
Directors as a group 50,663 3,150 0 0 53,813
------------------------------------------------------------------------
TOTAL 252,447 605,031 445,000 0 1,302,478
========================================================================
(1) These shares are subject to long-term vesting requirements pursuant to
the terms of the 1993 Employees Stock Incentive Plan and the HR Discretionary
Bonus Program.
(2) These shares are specifically reserved for performance-based awards
under the 1993 Employees Stock Incentive Plan. The issuance of "Reserved Stock"
to eligible employees is contingent upon the achievement of specific performance
criteria. When issued, these shares will be subject to long-term vesting
requirements pursuant to the terms of the 1993 Employees Stock Incentive Plan.
(3) 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.
16) INSTITUTIONAL HOLDINGS AS OF JUNE 30, 2000
A) Institutional Shares Held: 15,973,203 (Source: Form 13F Filings)
============
B) Number of Institutions: 130
============
C) Percentage of Common Shares Outstanding: 39.80%
============
17) BOOK VALUE PER COMMON SHARE
Total Stockholders' Equity $ 1,009,694
Less: Preferred Stock Liquidation/Redemption Value 75,000
------------
Total Common Stockholders' Equity $ 934,694
Total Common Shares Outstanding 40,150,931
============
Book Value Per Common Share $ 23.28
============
HEALTHCARE REALTY TRUST
SUPPLEMENTAL DATA REPORT
THREE MONTHS ENDED SEPTEMBER 30, 2000 PAGE 11 OF 13
12
18) 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:
Houston (Texas) Regional Office
Georgia Regional Office
Mid-Atlantic Regional Office
East Florida Regional Office
West Florida Regional Office
Southern California Regional Office
Mid-America Regional Office
B) STOCK EXCHANGE, SYMBOL AND CUSIP NUMBER:
Security Description Stock Exchange Symbol CUSIP Number
-------------------------------------------------------------------------------------------------------------
Common Stock New York Stock Exchange HR 421946104
8.875% Series A Preferred Stock New York Stock Exchange HR.A 421946203
6.55% Convertible Subordinated Debentures New York Stock Exchange HRM02 421946AA2
10.5% Convertible Subordinated Debentures New York Stock Exchange HRA02 421946AB0
C) WEB SITE:
www.healthcarerealty.com
D) CORPORATE OFFICERS:
HEALTHCARE REALTY TRUST INCORPORATED
David R. Emery, Chairman of the Board and Chief
Executive Officer
Timothy G. Wallace, Executive Vice President and
Chief Financial Officer
Roger O. West, Executive Vice President and
General Counsel
Fredrick M. Langreck, Senior Vice President/Treasurer
Scott W. Holmes, Senior Vice President/Financial
Reporting
Michael W. Crisler, Senior Vice President/Technology
Leigh Ann Stach, Vice President/Controller
J. D. Carter Steele, Vice President/Real Estate
Investments
Keith A. Harville, Vice President/Real Estate Investments
Eric W. Fischer, Vice President/Real Estate Investments
Rita H. Todd, Corporate Secretary
HEALTHCARE REALTY SERVICES INCORPORATED
B. Bart Starr, Chairman of the Board
Roland H. Hart, President
James P. Tainter, Vice President/Management Services
Thomas M. Carnell, Vice President/Design & Construction
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)
Thompson S. Dent, Chairman and Chief Executive Officer, Phycor, Inc. (Physician Practice Management Executive)
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)
HEALTHCARE REALTY TRUST
SUPPLEMENTAL DATA REPORT
THREE MONTHS ENDED SEPTEMBER 30, 2000 PAGE 12 OF 13
13
F) PROFESSIONAL AFFILIATIONS:
INDEPENDENT PUBLIC AUDITORS
Ernst & Young LLP
NationsBank Plaza
414 Union Street
Nashville, TN 37219-1779
TRANSFER AGENT
BankBoston
c/o EquiServe, LP
Investor Services
P.O. Box 8040
Boston, MA 02266-8040
Phone: 781-575-3400
G) DIVIDEND REINVESTMENT PLAN:
Through the Company's transfer agent, Boston EquiServe, named
Shareholders of Record can re-invest dividends in shares at a
5% discount without a service or sales charge. In addition, up
to $5 thousand of HR common stock may be purchased per quarter
through the transfer agent without a service or sales charge
to the shareholder.
H) ANALYSTS PROVIDING RESEARCH COVERAGE ON HR:
A.G. Edwards & Sons, Inc. Manuel K. Pyles (314) 955-3588
Bank of America Securities LLC (212) 847-5638
Credit Suisse First Boston Corporation Larry Raiman (212) 538-2380
First Union Securities, Inc. Philip J. Martin (312) 574-6280
J. J. B. Hilliard, W. L. Lyons, Inc. John M. Roberts (502) 588-9143
Legg Mason Wood Walker Inc. Jerry L. Doctrow (410) 454-5142
Prudential Securities, Inc. Jim Sullivan (212) 778-2515
SunTrust Equitable Securities James G. Baker, III (615) 780-9413
UBS Warburg Howard Capek (212) 821-6369
I) PROJECTED DATES FOR 2000 DIVIDEND AND EARNINGS PRESS RELEASES:
DIVIDEND EARNINGS
-------------- --------------
First Quarter 2000 April 25, 2000 April 28, 2000
Second Quarter 2000 July 25, 2000 July 28, 2000
Third Quarter 2000 October 24, 2000 October 27, 2000
Fourth Quarter 2000 January 23, 2001 January 26, 2001
NOTE> A conference call will be scheduled at 9:00 AM CST the morning of
the earnings press release.
J) INVESTOR RELATIONS:
Healthcare Realty Trust Incorporated
3310 West End Avenue, Suite 700
Nashville, TN 37203
Attention: Bethany A. Anderson
Phone: 615-269-8175
Fax: 615-269-8461
E-mail: BAnderson@healthcarerealty.com
Except for the historical information contained herein, 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 fully disclosed in a 10-K filed with the SEC by Healthcare Realty
Trust Incorporated for the year ended December 31, 1999. The 10-K is
available via the Company's web site or by calling Investor Relations
at (615) 269-8175. These forward looking statements represent the
Company's judgment as of the date of the release of this information.
The Company disclaims any intent to update this forward looking
material.
HEALTHCARE REALTY TRUST
SUPPLEMENTAL DATA REPORT
THREE MONTHS ENDED SEPTEMBER 30, 2000
PAGE 13 OF 13