1
EXHIBIT 99.1
HEALTHCARE REALTY
TRUST
SUPPLEMENTAL DATA REPORT
THREE MONTHS ENDED DECEMBER 31, 2000
Dollars in thousands, except per share data, unless otherwise disclosed
Updated as of February 9, 2001
1) RECONCILIATION OF FUNDS FROM OPERATIONS(1)
(Unaudited) (Unaudited)
FOR THE THREE MONTHS FOR THE TWELVE MONTHS
ENDED DEC. 31, ENDED DEC. 31,
---------------------------- ----------------------------
2000 1999 2000 1999
------------ ------------ ------------ ------------
NET INCOME BEFORE NET GAIN (LOSS) ON SALE OF REAL ESTATE PROPERTIES $ 18,321 $ 21,838 $ 80,469 $ 81,251
ELIMINATION OF THE RECOGNITION OF RENTAL REVENUES
ON A STRAIGHT LINE BASIS(2) (1,469) (2,432) (7,827) (6,885)
PREFERRED STOCK DIVIDEND (1,664) (1,664) (6,657) (6,656)
REAL ESTATE DEPRECIATION 9,835 9,363 38,393 38,017
PROVISION FOR LOSS ON INVESTMENT(2) 1,000 0 1,000 0
---------------------------- ----------------------------
TOTAL ADJUSTMENTS 7,702 5,267 24,909 24,476
---------------------------- ----------------------------
FUNDS FROM OPERATIONS - BASIC $ 26,023 $ 27,105 $ 105,378 $ 105,727
============================ ============================
CONVERTIBLE SUBORDINATED DEBENTURE INTEREST 71 0 275 0
============================ ============================
FUNDS FROM OPERATIONS - DILUTED $ 26,094 $ 27,105 $ 105,653 $ 105,727
============================ ============================
FUNDS FROM OPERATIONS PER COMMON SHARE - BASIC $ 0.66 $ 0.69 $ 2.66 $ 2.69
============================ ============================
FUNDS FROM OPERATIONS PER COMMON SHARE - DILUTED $ 0.65 $ 0.68 $ 2.62 $ 2.66
============================ ============================
COMMON SHARES OUTSTANDING - BASIC 39,675,271 39,442,885 39,544,400 39,326,594
============================ ============================
COMMON SHARES OUTSTANDING - DILUTED 40,408,944 39,991,191 40,301,409 39,810,306
============================ ============================
(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. Likewise, the Company excludes its
provision for loss on investment in computing FFO although NAREIT's
definition of funds from operations requires its inclusion. 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 $.66
and $2.79 per common share for the three months and twelve months ended
Dec. 31, 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 DECEMBER 31, 2000 PAGE 1 OF 13
2
2) CONDENSED CONSOLIDATED BALANCE SHEETS
(Unaudited) (1)
DEC. 31, 2000 DEC. 31, 1999
------------- -------------
ASSETS
Real estate properties:
Land $ 152,254 $ 150,591
Buildings and improvements 1,290,395 1,223,387
Personal property 5,785 5,165
Construction in progress 30,914 20,003
------------ ------------
1,479,348 1,399,146
Less accumulated depreciation (120,522) (83,996)
------------ ------------
Total real estate properties, net 1,358,826 1,315,150
Cash and cash equivalents 1,788 3,396
Restricted cash 577 990
Mortgage notes receivable 170,906 250,346
Other assets, net 54,979 38,082
------------ ------------
Total assets $ 1,587,076 $ 1,607,964
============ ============
LIABILITIES AND STOCKHOLDERS' EQUITY
Liabilities:
Notes and bonds payable $ 536,781 $ 563,884
Accounts payable and accrued liabilities 22,714 17,658
Other liabilities 19,544 8,519
------------ ------------
Total liabilities 579,039 590,061
------------ ------------
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 -- 40,314,399; 1999 -- 40,004,579 403 400
Additional paid-in capital 1,061,190 1,054,405
Deferred compensation (9,730) (9,509)
Cumulative net income 295,174 215,373
Cumulative dividends (339,030) (242,796)
------------ ------------
Total stockholders' equity 1,008,037 1,017,903
------------ ------------
Total liabilities and stockholders' equity $ 1,587,076 $ 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 DECEMBER 31, 2000 PAGE 2 OF 13
3
3) CONDENSED CONSOLIDATED STATEMENTS OF INCOME
FOR THE THREE MONTHS FOR THE TWELVE MONTHS
ENDED DEC 31, ENDED DEC 31,
---------------------------- ----------------------------
2000 1999 2000 1999
------------ ------------ ------------ ------------
(Unaudited) (Unaudited) (Unaudited)
REVENUES
Master lease rental income $ 25,022 $ 22,710 $ 97,238 $ 92,070
Property operating income 15,659 15,798 62,400 57,778
Straight line rent 1,469 2,432 7,827 6,885
Mortgage interest income 4,628 6,383 22,755 25,940
Management fees 656 717 2,785 2,727
Interest and other income 206 1,391 2,333 1,857
---------------------------- ----------------------------
47,640 49,431 195,338 187,257
---------------------------- ----------------------------
EXPENSES
General and administrative 2,181 1,795 8,739 7,287
Property operating expenses 5,423 5,942 22,628 21,077
Interest 10,561 10,237 42,995 38,603
Depreciation 9,990 9,503 38,994 38,566
Amortization 164 116 513 473
Provision for loss on investment 1,000 -- 1,000 --
---------------------------- ----------------------------
29,319 27,593 114,869 106,006
---------------------------- ----------------------------
NET INCOME BEFORE NET GAIN (LOSS) ON SALE OF REAL ESTATE
PROPERTIES 18,321 21,838 80,469 81,251
Net gain (loss) on sale of real estate properties (352) 2,625 (668) 4,776
---------------------------- ----------------------------
NET INCOME $ 17,969 $ 24,463 $ 79,801 $ 86,027
============================ ============================
NET INCOME PER COMMON SHARE - BASIC $ 0.41 $ 0.58 $ 1.85 $ 2.02
============================ ============================
NET INCOME PER COMMON SHARE - DILUTED $ 0.41 $ 0.57 $ 1.82 $ 1.99
============================ ============================
COMMON SHARES OUTSTANDING - BASIC 39,675,271 39,442,885 39,544,400 39,326,594
============================ ============================
COMMON SHARES OUTSTANDING - DILUTED 40,408,944 39,991,191 40,301,409 39,810,306
============================ ============================
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 DECEMBER 31, 2000 PAGE 3 OF 13
4
4) INVESTMENT PROGRESSION
A) CONSTRUCTION IN PROGRESS
FOR THE THREE FOR THE TWELVE
NUMBER OF MONTHS ENDED NUMBER OF MONTHS ENDED
PROPERTIES 12/31/00 PROPERTIES 12/31/00
---------- ------------- ---------- --------------
Balance at beginning of period 6 $ 19,810 6 $ 20,003
Fundings on projects in existence at
the beginning of the period -- 10,483 -- 20,627
New Projects started during the period 1 621 3 3,601
Completions 0 0 (2) (13,317)
-------------------------- -------------------------
Balance at end of period 7 $ 30,914 7 $ 30,914
========================== =========================
B) REAL ESTATE PROPERTIES
FOR THE THREE FOR THE TWELVE
NUMBER OF MONTHS ENDED NUMBER OF MONTHS ENDED
PROPERTIES 12/31/00 PROPERTIES 12/31/00
---------- ------------- ---------- --------------
Balance at beginning of period 208 $1,451,272 196 $ 1,379,143
Acquisitions 0 0 0 0
Additions/Improvements -- 4,192 -- 13,077
Completions(CIP) 0 0 2 13,317
Sales (2) (7,030) (6) (17,185)
Other(1) 0 0 14 60,082
-------------------------- ---------------------------
Balance at end of period 206 $1,448,434 206 $ 1,448,434
========================== ===========================
C) MORTGAGE NOTES RECEIVABLE
FOR THE THREE FOR THE TWELVE
NUMBER OF MONTHS ENDED NUMBER OF MONTHS ENDED
PROPERTIES 12/31/00 PROPERTIES 12/31/00
---------- ------------- ---------- --------------
Balance at beginning of period 55 $ 173,747 76 $ 250,346
Funding of Mortgage Commitments 0 23 2 2,126
Prepayments (1) (2,299) (10) (15,921)
Purchase Price Adjustment Amortization -- (159) -- (787)
Scheduled Principal Payments -- (406) -- (1,680)
Other(1) 0 0 (14) (63,178)
------------------------- ---------------------------
Balance at end of period 54 $ 170,906 54 $ 170,906
========================= ===========================
(1) Other adjustments for the twelve months ended 12/31/00 consists
of 14 mortgages which were converted to leases and net proceeds
from a mortgage participation transaction.
PAGE 4 OF 13
5
5) INVESTMENT BY TYPE AND GEOGRAPHIC LOCATION
HEALTHCARE REALTY TRUST
SUPPLEMENTAL DATA REPORT
THREE MONTHS ENDED DECEMBER 31, 2000
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 11,179
2 California 50,838 28,752
3 Florida 34,911 46,567 7,881
4 Georgia 17,895
5 Kansas 10,888
6 Mississippi 364 4,290
7 Missouri 5,345 9,851
8 Nevada 43,505
9 Pennsylvania 4,933 4,372 621
10 Tennessee 20,274 8,350 10,732
11 Texas 24,272 57 8,630
12 Virginia 40,893 3,813 12,180
13 Wyoming 11,099
--------------------------------------------------------------
TOTAL P.O.A.S/OTHER 263,406 21,880 96,406 40,044 4,290
--------------------------------------------------------------
MASTER LEASES
1 Alabama 42,964 8,368 11,430
2 Arizona 5,274
3 Arkansas 2,989
4 California 28,934 8,094 1,046
5 Colorado
6 Connecticut
7 Florida 34,518 55,360 9,454 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
15 Missouri 16,015 4,470
16 Nevada 6,881 3,801
17 New Jersey
18 North Carolina
19 Ohio
20 Oklahoma
21 Pennsylvania
22 South Carolina
23 Tennessee 3,139 2,555
24 Texas 44,877 16,938 21,689 1,976 2,040
25 Virginia 40,761 1,941 2,119
26 Wyoming
--------------------------------------------------------------
TOTAL MASTER LEASES 207,348 139,080 47,158 5,334 40,390
--------------------------------------------------------------
Corporate Property
--------------------------------------------------------------
TOTAL EQUITY INVESTMENTS $ 470,754 $160,960 $ 143,564 $ 45,378 $ 44,680
==============================================================
MORTGAGES
1 Alabama
2 Arizona
3 California
4 Florida 9,430
5 Georgia
6 Idaho
7 Maryland
8 Massachusetts
9 Michigan
10 Mississippi
11 Montana
12 New Mexico
13 North Carolina
14 Ohio
15 Oregon
16 Pennsylvania
17 South Carolina
18 Tennessee
19 Texas 192
20 Virginia
21 Washington
--------------------------------------------------------------
TOTAL MTG. INVESTMENTS $ -- $ 9,622 $ -- $ -- $ --
--------------------------------------------------------------
TOTAL INVESTMENTS $ 470,754 $ 170,582 $ 143,564 $ 45,378 $ 44,680
==============================================================
PERCENT OF $ INVESTED 28.526% 10.337% 8.700% 2.750% 2.707%
==============================================================
NUMBER OF PROPERTIES 59 34 13 10 13
==============================================================
INPATIENT FACILITIES
---------------------------------------------------
Assisted Skilled Inpatient Other
Living Nursing Rehab Inpatient % of
Facilities Facilities Facilities Facilities(2) Total Total
--------------------------------------------------------------------------
PROPERTY OPERATING/OTHER AGREEMENTS
1 Arizona 14,713 0.89%
2 California 79,590 4.82%
3 Florida 89,359 5.41%
4 Georgia 17,895 1.08%
5 Kansas 10,888 0.66%
6 Mississippi 4,654 0.28%
7 Missouri 15,196 0.92%
8 Nevada 43,505 2.64%
9 Pennsylvania 2,880 12,806 0.78%
10 Tennessee 39,356 2.38%
11 Texas 32,959 2.00%
12 Virginia 56,886 3.45%
13 Wyoming 11,099 0.67%
--------------------------------------------------------------------------
TOTAL P.O.A.S/OTHER 0 0 0 2,880 428,906 25.99%
--------------------------------------------------------------------------
MASTER LEASES
80,609,716
1 Alabama 4,276 17,722 84,760 5.14%
2 Arizona 2,874 8,148 0.49%
3 Arkansas 2,989 0.18%
4 California 6,908 12,688 57,670 3.49%
5 Colorado 26,408 26,408 1.60%
6 Connecticut 11,925 11,925 0.72%
7 Florida 22,495 10,206 11,703 154,634 9.37%
8 Georgia 9,860 16,720 1.01%
9 Illinois 8,167 21,300 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 1.59%
14 Mississippi 9,768 9,768 0.59%
15 Missouri 6,114 10,897 37,496 2.27%
16 Nevada 10,682 0.65%
17 New Jersey 18,634 18,634 1.13%
18 North Carolina 3,819 6,176 9,995 0.61%
19 Ohio 4,393 4,393 0.27%
20 Oklahoma 12,964 12,964 0.79%
21 Pennsylvania 30,396 20,617 112,248 163,261 9.89%
22 South Carolina 3,005 3,005 0.18%
23 Tennessee 7,329 8,335 21,358 1.29%
24 Texas 70,990 19,466 12,916 5,892 196,784 11.92%
25 Virginia 17,018 36,410 98,249 5.95%
26 Wyoming 6,838 6,838 0.41%
--------------------------------------------------------------------------
TOTAL MASTER LEASES 241,935 190,989 154,589 19,450 1,046,273 63.40%
--------------------------------------------------------------------------
Corporate Property
4,169 4,169 0.25%
--------------------------------------------------------------------------
TOTAL EQUITY INVESTMENTS $ 241,935 $ 190,989 $ 154,589 $ 26,499 $1,479,348 89.64%
==========================================================================
MORTGAGES
1 Alabama 4,650 7,944 12,594 0.76%
2 Arizona 10,769 17,703 28,472 1.73%
3 California 21,550 6,067 7,883 35,500 2.15%
4 Florida 11,965 609 22,004 1.33%
5 Georgia 1,130 1,130 0.07%
6 Idaho 4,912 4,912 0.30%
7 Maryland 15,060 15,060 0.91%
8 Massachusetts 2,230 2,230 0.14%
9 Michigan 11,062 11,062 0.67%
10 Mississippi 1,335 1,335 0.08%
11 Montana 2,064 2,064 0.13%
12 New Mexico 756 756 0.05%
13 North Carolina 2,477 2,477 0.15%
14 Ohio 1,599 599 2,198 0.13%
15 Oregon 2,922 2,922 0.18%
16 Pennsylvania 1,004 1,004 0.06%
17 South Carolina 3,073 3,073 0.19%
18 Tennessee 1,928 11,688 13,616 0.83%
19 Texas 1,860 2,450 4,502 0.27%
20 Virginia 2,216 2,216 0.13%
21 Washington 1,779 1,779 0.11%
--------------------------------------------------------------------------
TOTAL MTG. INVESTMENTS $ 72,700 $ 60,548 $ -- $ 28,036 $ 170,906 10.36%
--------------------------------------------------------------------------
TOTAL INVESTMENTS $ 314,635 $ 251,537 $ 154,589 $ 54,535 $1,650,254 100.00%
==========================================================================
PERCENT OF $ INVESTED 19.066% 15.242% 9.368% 3.305% 100.000%
===============================================================
NUMBER OF PROPERTIES 73 50 9 6 267
===============================================================
(1) 3 facility types <2% each.
(2) 4 facility types <2% each.
HEALTHCARE REALTY TRUST
SUPPLEMENTAL DATA REPORT
THREE MONTHS ENDED DECEMBER 31, 2000 PAGE 5 OF 13
6
6) INVESTMENT BY OPERATOR/SIGNIFICANT TENANT
Number of (1) Number of Total (1)
Real Estate Real Estate Mortgage Mortgage Number of Total
Properties Investment Properties Investment Properties Investment
------------------------ ---------------------- ---------------------
PUBLIC OR INVESTMENT GRADE OPERATORS/SIGNIFICANT TENANTS
-------------------------------------------------------
1 Healthsouth 30 297,822 0 30 297,822
2 HCA - The Healthcare Company 30 230,777 0 30 230,777
3 Tenet 13 103,879 1 7,883 14 111,762
4 Balanced Care 14 63,575 0 14 63,575
5 Integrated Health 3 36,327 0 3 36,327
6 Baptist Memorial Hospital 3 10,060 0 3 10,060
7 Caremark Rx 6 32,561 0 6 32,561
8 Emeritus 4 28,283 0 4 28,283
9 Methodist 4 25,919 0 4 25,919
10 Centennial 6 16,355 1 9,452 7 25,807
11 Ephrata Community Hospital 3 9,925 0 3 9,925
12 Quorum 4 24,158 0 4 24,158
13 United Medical Center 1 11,099 0 1 11,099
14 Ramsay 2 19,450 0 2 19,450
15 KS Management Services 1 16,938 0 1 16,938
16-2712 Operators With Less than 1% Each 16 104,560 1 7,153 17 111,713
----------------------- ---------------------- ---------------------
140 1,031,688 3 24,488 143 1,056,176
======================= ============================================
OTHER OPERATORS/SIGNIFICANT TENANTS
- -----------------------------------
28 Life Care Centers 12 82,822 2 9,446 14 92,268
29 Senior Lifestyles 10 75,759 0 10 75,759
30 Summerville 5 51,289 0 5 51,289
31 Lewis-Gale Clinic, LLC 10 44,908 0 10 44,908
32 Kerlan Jobe Orthopedic 1 28,752 0 1 28,752
33 Melbourne Internal Medicine 4 27,935 0 4 27,935
34 Multi-tenant 4 23,965 0 4 23,965
35 Prestige Care 0 7 23,180 7 23,180
36 MedCath 1 3,534 1 17,703 2 21,237
37 Wellington 5 18,969 0 5 18,969
38-6629 Operators With Less than 1% Each 21 85,558 41 96,089 62 181,647
----------------------- ---------------------- ---------------------
73 443,491 51 146,418 124 589,909
----------------------- ---------------------- ---------------------
Corporate Property 4,169 4,169
----------------------- ---------------------- ---------------------
TOTAL INVESTMENT AND COMMITMENT 213 $ 1,479,348 54 $170,906 267 $1,650,254
======================= ====================== =====================
PUBLIC OR INVESTMENT GRADE OPERATORS/SIGNIFICANT TENANTS Commitments Total Percent
- -------------------------------------------------------- --------------------------------------
1 Healthsouth 1,334 299,156 17.55%
2 HCA - The Healthcare Company 2,130 232,907 13.66%
3 Tenet 111,762 6.56%
4 Balanced Care 63,575 3.73%
5 Integrated Health 36,327 2.13%
6 Baptist Memorial Hospital 24,946 35,006 2.05%
7 Caremark Rx 32,561 1.91%
8 Emeritus 28,283 1.66%
9 Methodist 25,919 1.52%
10 Centennial 25,807 1.51%
11 Ephrata Community Hospital 14,319 24,244 1.42%
12 Quorum 24,158 1.42%
13 United Medical Center 9,919 21,018 1.23%
14 Ramsay 19,450 1.14%
15 KS Management Services 16,938 0.99%
16-2712 Operators With Less than 1% Each 2,166 113,879 6.68%
------------------------------------------
54,814 1,110,990 65.16%
==========================================
OTHER OPERATORS/SIGNIFICANT TENANTS
- -----------------------------------
28 Life Care Centers 92,268 5.41%
29 Senior Lifestyles 75,759 4.44%
30 Summerville 51,289 3.01%
31 Lewis-Gale Clinic, LLC 44,908 2.63%
32 Kerlan Jobe Orthopedic 28,752 1.69%
33 Melbourne Internal Medicine 27,935 1.64%
34 Multi-tenant 23,965 1.41%
35 Prestige Care 23,180 1.36%
36 MedCath 21,237 1.25%
37 Wellington 18,969 1.11%
38-6629 Operators With Less than 1% Each -- 181,647 10.65%
------------------------------------------
-- 589,909 34.60%
------------------------------------------
Corporate Property 4,169 0.25%
------------------------------------------
TOTAL INVESTMENT AND COMMITMENT $ 54,81 $ 1,705,068 100.00%
==========================================
(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 786,768 678,352 1,783,988 1,586,129 198,990 5,034,227 27.00%
2 Texas 997,793 602,534 2,393,444 174,044 4,167,815 22.36%
3 Virginia 613,905 591,782 898,899 35,900 2,140,486 11.48%
4 California 317,821 385,655 362,854 1,066,330 5.72%
5 Tennessee 161,366 415,131 298,271 874,768 4.69%
6 Pennsylvania 722,053 57,452 45,809 825,314 4.43%
7 Alabama 549,373 138,551 687,924 3.69%
8 Georgia 138,599 203,062 40,000 381,661 2.05%
9 Michigan 235,227 129,408 364,635 1.96%
10 Arizona 74,507 75,621 192,987 343,115 1.84%
11 Missouri 201,167 48,062 249,229 1.34%
12 Nevada 43,579 195,516 239,095 1.28%
13 Massachusetts 210,987 23,862 234,849 1.26%
14 Colorado 225,764 225,764 1.21%
15 Mississippi 78,024 97,471 12,260 187,755 1.01%
16 Illinois 181,100 181,100 0.97%
17 Wyoming 29,851 137,000 166,851 0.90%
18 Ohio 33,181 124,411 157,592 0.85%
19 Kansas 57,035 83,664 140,699 0.75%
20 Oklahoma 139,216 139,216 0.75%
21 Kentucky 126,649 126,649 0.68%
22 North Carolina 69,781 54,600 124,381 0.67%
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 6,099,911 3,571,302 5,202,980 1,586,129 2,182,107 18,642,429 100.00%
===================== ====================== ================================
PERCENT OF TOTAL SQUARE FOOTAGE 32.72% 19.16% 27.91% 8.51% 11.71% 100.00%
===================== ====================== =======================
Healthcare Realty Trust
Supplemental Data Report
Three Months Ended December 31, 2000
Page 6 of 13
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 42,932 323,583 5,162,924 1,586,129 7,115,568 38.17%
Medical Office Buildings 1,090,456 2,377,798 22,451 3,490,705 18.72%
Assisted Living Facilities 1,633,995 1,209,597 2,843,592 15.25%
Skilled Nursing Facilities 1,286,351 747,217 2,033,568 10.91%
Physician's Clinics 869,303 198,688 17,605 105,915 1,191,511 6.39%
Comprehensive Ambulatory Care Centers 115,857 634,282 750,139 4.02%
Inpatient Rehab Hospitals 643,383 643,383 3.45%
Other Outpatient Facilities 264,293 36,951 301,244 1.62%
Other Inpatient Facilities 153,341 119,378 272,719 1.46%
--------------------- ---------------------- ---------------------------------
TOTAL SQUARE FEET 6,099,911 3,571,302 5,202,980 1,586,129 2,182,107 18,642,429 100.00%
===================== ====================== =================================
PERCENT OF TOTAL SQUARE FOOTAGE 32.72% 19.16% 27.91% 8.51% 11.71% 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 419,726 1,065,223 4,018,973 1,586,129 7,090,051 38.03%
2 Healthsouth 1,210,553 185,123 1,395,676 7.49%
3 Tenet Healthcare Corporation 258,485 362,837 49,300 89,000 759,622 4.07%
4 Balanced Care 400,370 400,370 2.15%
5 Baptist Memorial Hospital 277,243 277,243 1.49%
6 Centennial Healthcare 151,172 80,000 231,172 1.24%
7 Methodist 219,742 219,742 1.18%
8 Emeritus 210,552 210,552 1.13%
9 Caremark Rx 190,601 190,601 1.02%
10-2819 Operators with Square Feet Less Than 1% 994,112 531,872 126,649 -- -- ,652,633 8.86%
--------------------- ---------------------- -------------------------------
TOTAL 3,835,571 2,642,040 4,194,922 1,586,129 169,000 12,427,662 66.66%
===================== ====================== ===============================
OTHER OPERATOR/SIGNIFICANT TENANT
--------------------------------------------------
29 Medicorp Health System 777,091 777,091 4.17%
30 Life Care Centers of America 620,527 131,813 752,340 4.04%
31 Senior Lifestyles 553,573 553,573 2.97%
32 Lewis-Gale Clinic, LLC 488,170 488,170 2.62%
33 Prestige Care 300,244 300,244 1.61%
34 Summerville 292,231 292,231 1.57%
35 Hearthstone 278,777 278,777 1.50%
36 Multi-tenant 222,062 222,062 1.19%
37 Healthprime 200,558 200,558 1.08%
38-7033 Operators with Square Feet Less Than 1% 798,009 219,030 230,967 -- 1,302,273 2,550,279 13.68%
--------------------- ---------------------- -------------------------------
TOTAL 2,264,340 929,262 1,008,058 -- 2,013,107 6,214,767 33.34%
--------------------- ---------------------- -------------------------------
TOTAL SQUARE FEET 6,099,911 3,571,302 5,202,980 1,586,129 2,182,107 18,642,429 100.00%
===================== ====================== ===============================
Healthcare Realty Trust
Supplemental Data Report
Three Months Ended December 31, 2000
Page 7 of 13
8
10) LEASE/MORTGAGE MATURITY SCHEDULE
A) LEASES
Weighted
Average
Estimated Percent of Remaining
Number of Annualized Annualized Lease
Properties Net Revenue Net Revenue Term (Years)
------------------------------------------------------
2001 3 1,155 0.78% 0.00
2002 0 -- 0.00% 0.00
2003 3 2,853 1.94% 0.05
2004 12 7,995 5.43% 0.19
2005 6 1,483 1.01% 0.07
2006 3 1,745 1.18% 0.07
2007 11 5,332 3.62% 0.22
2008 28 20,677 14.03% 0.87
2009 29 22,907 15.54% 1.27
2010 13 6,690 4.54% 0.55
2011 22 18,974 12.88% 1.19
2012 22 14,007 9.51% 1.20
2013 19 14,948 10.14% 1.27
2014 2 2,518 1.71% 0.17
2015 5 1,072 0.73% 0.19
After 2015 13 2,204 1.50% 0.59
Multi-tenant 22 22,801 15.47% 1.11
------------------------------------------------------
TOTAL 213 $147,361 100.00% 9.01
======================================================
B) MORTGAGES
Weighted
Average
Estimated Percent of Remaining
Number of Annualized Annualized Lease
Mortgages Net Revenue Net Revenue Term (Years)
-------------------------------------------------------
2001 3 803 4.30% 0.02
2002 10 3,071 16.44% 0.22
2003 11 1,933 10.35% 0.24
2004 10 2,649 14.18% 0.59
2005 4 1,657 8.87% 0.22
2006 2 841 4.50% 0.31
2007 5 1,442 7.72% 0.75
2008 3 1,674 8.96% 0.67
2009 4 2,401 12.85% 1.10
2010 1 946 5.06% 0.54
2011 0 -- 0.00% 0.00
2012 0 -- 0.00% 0.00
2013 1 1,267 6.78% 0.48
2014 0 -- 0.00% 0.00
2015 0 -- 0.00% 0.00
After 2015 0 -- 0.00% 0.00
-------------------------------------------------------
TOTAL 54 $ 18,684 100.00% 5.14
=======================================================
11) ASSISTED LIVING FACILITY OCCUPANCY
% of ALF
Number of ALF Revenue to
Occupancy Facilities Revenue Total Revenue
---------------------------------------------------------------------
0% to 24.9% -- -- 0.0%
25% to 49.9% 4 2,789 1.4%
50% to 69.9% 12 4,208 2.2%
70% to 84.9% 25 11,846 6.1%
85% to 100.0% 32 11,002 5.6%
-------------------------------------------------------
73 29,845 15.3%
=======================================================
NOTE: Occupancy rates are generally as of September 30, 2000, and revenues
are for the year ended December 31, 2000. Three of the four facilities with
occupancy less than 50% were opened during 2000, and the fourth facility was
opened in late 1999.
Healthcare Realty Trust
Supplemental Data Report
Three Months Ended December 31, 2000
Page 8 of 13
9
12) COMMITMENTS AND CONSTRUCTION IN PROGRESS
AS OF DECEMBER 31, 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 $ 10,060 $ 24,946 $ 35,006 0 $ -- $ -- $ --
Conemaugh Health Systems 1 2,880 -- 2,880 0 -- -- --
Expansion of existing property 1 6,254 2,130 8,384 0 -- -- --
United Medical Center 1 11,099 9,919 21,018 0 -- -- --
Ephrata Community Hospital 1 621 14,319 14,940
Other Commitments 3 -- 3,500 3,500 0 -- -- --
------------------------------------------------------------------------------------------------
TOTAL 10 $ 30,914 $ 54,814 $ 85,728 0 $ -- $ -- $ --
================================================================================================
Percentage of construction in
progress to total investment
portfolio at December 31, 2000: 1.87%
==========
(1) Projected Timing of Conversion to Revenue Producing Assets:
QTR 1, 2001 QTR 2, 2001 QTR 3, 2001 QTR 4, 2001 QTR 1, 2002
----------------------------------------------------------------
Real Estate Investments with related Commitments $ -- $ 44,128 $ -- $ 23,780 $ --
================================================================
QTR 2, 2002 QTR 3, 2002 QTR 4, 2002 Total
----------------------------------------------------------------
Real Estate Investments with related Commitments $ 14,940 $ -- $ 2,880 $ 85,728
================================================================
13) LONG-TERM DEBT INFORMATION - AS OF DECEMBER 31, 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 74,501 7.50%
10.5% Convertible Subordinated Debentures 3,351 7.50%
Mortgage Notes Payable 57,096 Range from 7.625% to 9.3%
Other Note Payable 5,833 7.53%
---------
246,781
---------
Variable Rate Debt:
$300 Million Senior Revolving Credit Facility 265,000 See (C) Below
$200 Million Senior Term Loan Facility 25,000 See (D) Below
---------
290,000
---------
TOTAL $ 536,781
=========
B) FUTURE MATURITIES:
2001 2002 2003 2004 2005 2006 and After Total
------------------------------------------------------------------------------
Fixed Rate Debt:
Senior Notes due 2002 $ 18,000 $18,000 $ -- $ -- $ -- $ -- $ 36,000
Senior Notes due 2006 -- -- -- 20,300 20,300 29,400 70,000
6.55% Convertible Subordinated Debentures (236) 74,737 -- -- -- -- 74,501
10.5% Convertible Subordinated Debentures 35 3,316 -- -- -- -- 3,351
Mortgage Notes Payable 629 742 14,964 15,894 552 24,313 57,094
Other Note Payable 1,167 1,167 1,167 1,167 -- -- 5,835
Variable Rate Debt:
$300 Million Senior Revolving Credit Facility 265,000 -- -- -- -- -- 265,000
$200 Million Senior Term Loan Facility 25,000 -- -- -- -- -- 25,000
------------------------------------------------------------------------------
$ 309,595 $97,962 $16,131 $37,361 $22,019 $ 53,713 $536,781
==============================================================================
C) DETAILS CONCERNING $300 MILLION SENIOR REVOLVING CREDIT FACILITY ($265
MILLION OUTSTANDING):
i) Unused Borrowing Capacity: $35 Million
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 ($25 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: March 30, 2001
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.
Fitch IBCA, 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 December 31, 2000
Page 9 of 13
10
14) 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
Fourth Quarter 2000 March 7, 2001 0.570 0.005 2.28
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
November 16, 2000 - February 15, 2001 Feb. 28, 2001 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 2000 CASH DISTRIBUTIONS
(DOLLARS NOT ROUNDED TO THOUSANDS)
Cash Taxable
Distribution Ordinary Return of
Per Share Dividend Capital
---------------------------------------------------
HR COMMON $ 2.230000 $ 1.900346 $ 0.329654
CUSIP # 421946104
HR 8.875% SERIES A PREFERRED $ 2.218760 $ 2.218760 $ --
CUSIP # 421946203
Healthcare Realty Trust
Supplemental Data Report
Three Months Ended December 31, 2000 Page 10 of 13
11
15) 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 DEC 31, ENDED DEC 31,
---------------------------- ----------------------------
2000 1999 2000 1999
---------------------------- ----------------------------
TOTAL COMMON SHARES OUTSTANDING 40,314,399 40,004,579 40,314,399 40,004,579
============================ ============================
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING 40,282,091 39,973,878 40,151,220 39,857,587
Actual Restricted Stock Shares (606,820) (530,993) (606,820) (530,993)
---------------------------- ----------------------------
DENOMINATOR SHARES FOR BASIC COMMON SHARE EPS AND FFO 39,675,271 39,442,885 39,544,400 39,326,594
Restricted Shares - Treasury 504,583 548,306 533,955 482,496
Dilution for Convertible Debentures 178,548 0 181,136 0
Dilution for Employee Stock Purchase Plan 50,542 0 41,918 1,216
---------------------------- ----------------------------
DENOMINATOR SHARES FOR DILUTED COMMON SHARE EPS AND FFO 40,408,944 39,991,191 40,301,409 39,810,306
============================ ============================
NOTE: AS OF DECEMBER 31, 2000, HR HAD APPROXIMATELY 1,733 SHAREHOLDERS
OF RECORD.
16) 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.
17) INSTITUTIONAL HOLDINGS AS OF SEPTEMBER 30, 2000
---------
A) Institutional Shares Held: 17,539,049 (Source: Form 13F Filings)
===========
B) Number of Institutions: 141
===========
C) Percentage of Common Shares Outstanding: 43.68%
===========
18) BOOK VALUE PER COMMON SHARE
Total Stockholders' Equity $ 1,008,037
Less: Preferred Stock Liquidation/Redemption Value 75,000
-----------
Total Common Stockholders' Equity $ 933,037
Total Common Shares Outstanding 40,314,399
===========
Book Value Per Common Share $ 23.14
===========
Healthcare Realty Trust
Supplemental Data Report
Three Months Ended December 31, 2000 Page 11 of 13
12
19) 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:
East Florida Regional Office
Georgia Regional Office
Mid-America Regional Office
Mid-Atlantic Regional Office
Southern California Regional Office
Texas/Southwest Regional Office
West Florida 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 December 31, 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
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 2001 April 24, 2001 April 27, 2001
Second Quarter 2001 July 24, 2001 July 27, 2001
Third Quarter 2001 October 23, 2001 October 26, 2001
Fourth Quarter 2001 January 22, 2002 January 25, 2002
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
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 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.
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, 2000 Page 13 of 13