EXHIBIT 99.3
(HEALTHCARE REALTY TRUST LOGO)
SUPPLEMENTAL DATA REPORT
THREE MONTHS ENDED SEPTEMBER 30, 2001
DOLLARS IN THOUSANDS, EXCEPT PER SHARE DATA, UNLESS OTHERWISE DISCLOSED
UPDATED AS OF OCTOBER 25, 2001
1) RECONCILIATION OF FUNDS FROM OPERATIONS (1)
(Unaudited) (Unaudited)
FOR THE THREE MONTHS FOR THE NINE MONTHS
ENDED SEPT. 30, ENDED SEPT, 30,
---------------------------- ----------------------------
2001 2000 2001 2000
---------------------------- ----------------------------
NET INCOME BEFORE NET GAIN (LOSS) ON SALE OF REAL ESTATE PROPERTIES $ 19,307 $ 20,196 $ 58,741 $ 62,147
NON-RECURRING DEBT-RELATED CHARGES 607 0 607 0
ELIMINATION OF THE RECOGNITION OF RENTAL REVENUES
ON A STRAIGHT LINE BASIS (2) (1,289) (1,890) (4,480) (6,358)
PREFERRED STOCK DIVIDEND (1,664) (1,664) (4,992) (4,992)
REAL ESTATE DEPRECIATION 10,007 9,654 29,949 28,558
---------------------------- ----------------------------
TOTAL ADJUSTMENTS 7,661 6,100 21,084 17,208
---------------------------- ----------------------------
FUNDS FROM OPERATIONS - BASIC $ 26,968 $ 26,296 $ 79,825 $ 79,355
============================ ============================
CONVERTIBLE SUBORDINATED DEBENTURE INTEREST 0 125 0 204
============================ ============================
FUNDS FROM OPERATIONS - DILUTED $ 26,968 $ 26,421 $ 79,825 $ 79,559
============================ ============================
FUNDS FROM OPERATIONS PER COMMON SHARE - BASIC $ 0.68 $ 0.67 $ 2.01 $ 2.01
============================ ============================
FUNDS FROM OPERATIONS PER COMMON SHARE - DILUTED $ 0.67 $ 0.66 $ 1.98 $ 1.97
============================ ============================
COMMON SHARES OUTSTANDING - BASIC 39,891,254 39,537,234 39,748,243 39,500,423
============================ ============================
COMMON SHARES OUTSTANDING - DILUTED 40,512,989 40,290,439 40,404,491 40,284,615
============================ ============================
(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 REITs, 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 $2.09 per common share,
respectively, for the three months and nine months ended September 30,
2001.
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 MONTHS ENDED SEPTEMBER 30, 2001 PAGE 1 OF 13
2) CONDENSED CONSOLIDATED BALANCE SHEETS
ASSETS (Unaudited) (1)
SEPT. 30, 2001 DEC. 31, 2000
-------------- -------------
Real estate properties:
Land $ 150,201 $ 152,254
Buildings and improvements 1,320,431 1,290,395
Personal property 7,099 5,785
Construction in progress 24,206 30,914
----------- -----------
1,501,937 1,479,348
Less accumulated depreciation (149,561) (120,522)
----------- -----------
Total real estate properties, net 1,352,376 1,358,826
Cash and cash equivalents 2,311 1,788
Restricted cash 0 577
Mortgage notes receivable 131,127 170,906
Other assets, net 84,127 54,979
----------- -----------
Total assets $ 1,569,941 $ 1,587,076
=========== ===========
LIABILITIES AND STOCKHOLDERS' EQUITY
Liabilities:
Notes and bonds payable $ 527,503 $ 536,781
Accounts payable and accrued liabilities 25,314 22,714
Other liabilities 18,742 19,544
----------- -----------
Total liabilities 571,559 579,039
----------- -----------
Commitments and contingencies -- --
Stockholders' equity:
Preferred stock, $.01 par value; 50,000,000 shares authorized;
issued and outstanding, 2001 and 2000-- 3,000,000 30 30
Common stock, $.01 par value; 150,000,000 shares authorized;
issued and outstanding, 2001--40,765,435; 2000--40,314,399 407 403
Additional paid-in capital 1,070,471 1,061,190
Deferred compensation (13,348) (9,730)
Cumulative net income 354,914 295,174
Cumulative dividends (414,092) (339,030)
----------- -----------
Total stockholders' equity 998,382 1,008,037
----------- -----------
Total liabilities and stockholders' equity $ 1,569,941 $ 1,587,076
=========== ===========
(1) The balance sheet at December 31, 2000 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, 2001 PAGE 2 OF 13
3) CONDENSED CONSOLIDATED STATEMENTS OF INCOME
FOR THE THREE MONTHS FOR THE NINE MONTHS
ENDED SEPT. 30, ENDED SEPT. 30,
------------------------- -------------------------
2001 2000 2001 2000
------------------------- -------------------------
(Unaudited) (Unaudited) (Unaudited) (Unaudited)
REVENUES
Master lease rental income $ 24,941 $ 24,108 $ 75,053 $ 72,216
Property operating income 15,783 15,936 49,822 46,740
Straight line rent 1,289 1,890 4,480 6,358
Mortgage interest income 4,669 5,635 13,714 18,127
Management fees 396 659 1,120 2,129
Interest and other income 740 1,360 1,353 2,127
------------------------- -------------------------
47,818 49,588 145,542 147,697
------------------------- -------------------------
EXPENSES
General and administrative (1) 2,772 2,559 7,565 6,558
Property operating expenses 6,288 5,982 19,151 17,205
Interest 9,161 10,925 29,360 32,434
Depreciation 10,216 9,810 30,496 29,004
Amortization 74 116 229 349
------------------------- -------------------------
28,511 29,392 86,801 85,550
------------------------- -------------------------
NET INCOME BEFORE NET GAIN (LOSS) ON SALE OF REAL ESTATE
PROPERTIES 19,307 20,196 58,741 62,147
Net gain (loss) on sale of real estate properties 416 (5) 999 (316)
------------------------- -------------------------
NET INCOME $ 19,723 $ 20,191 $ 59,740 $ 61,831
========================= =========================
NET INCOME PER COMMON SHARE - BASIC $ 0.45 $ 0.47 $ 1.38 $ 1.44
========================= =========================
NET INCOME PER COMMON SHARE - DILUTED $ 0.45 $ 0.46 $ 1.36 $ 1.42
========================= =========================
COMMON SHARES OUTSTANDING - BASIC 39,891,254 39,537,234 39,748,243 39,500,423
========================= =========================
COMMON SHARES OUTSTANDING - DILUTED 40,512,989 40,290,439 40,404,491 40,284,615
========================= =========================
(1) General and administrative expenses for 2001 includes 3rd quarter
non-recurring debt-related charges of approximately $607.
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, 2001 PAGE 3 OF 13
4) INVESTMENT PROGRESSION
A) CONSTRUCTION IN PROGRESS
FOR THE THREE FOR THE NINE
NUMBER OF MONTHS ENDED NUMBER OF MONTHS ENDED
PROPERTIES 09/30/01 PROPERTIES 09/30/01
---------------------------- -----------------------------
Balance at beginning of period 5 $20,157 7 $30,914
Fundings on projects in existence at
the beginning of the period -- 4,049 -- 18,030
New Projects started during the period 0 0 0 0
Completions 0 0 (2) (24,738)
---------------------------- -----------------------------
Balance at end of period 5 $24,206 5 $24,206
============================ =============================
B) REAL ESTATE PROPERTIES
FOR THE THREE FOR THE NINE
NUMBER OF MONTHS ENDED NUMBER OF MONTHS ENDED
PROPERTIES 09/30/01 PROPERTIES 09/30/01
---------------------------- -----------------------------
Balance at beginning of period 206 $1,473,529 206 $1,448,434
Acquisitions 1 14,107 1 14,107
Additions/Improvements -- 3,373 -- 9,737
Completions (CIP) 0 0 2 24,738
Sales (2) (13,278) (4) (19,285)
---------------------------- -----------------------------
Balance at end of period 205 $1,477,731 205 $1,477,731
============================ =============================
C) MORTGAGE NOTES RECEIVABLE
FOR THE THREE FOR THE NINE
NUMBER OF MONTHS ENDED NUMBER OF MONTHS ENDED
PROPERTIES 09/30/01 PROPERTIES 09/30/01
---------------------------- -----------------------------
Balance at beginning of period 46 $153,253 54 $170,906
Funding of Mortgages 0 2,839 0 2,911
Prepayments (6) (25,277) (14) (41,640)
Purchase Price Adjustment Amortization -- (164) -- (476)
Scheduled Principal Payments -- (76) -- (1,126)
Other -- 552 -- 552
---------------------------- -----------------------------
Balance at end of period 40 $131,127 40 $131,127
============================ =============================
HEALTHCARE REALTY TRUST
SUPPLEMENTAL DATA REPORT
THREE MONTHS ENDED SEPTEMBER 31, 2001 PAGE 4 OF 13
5) INVESTMENT BY TYPE AND GEOGRAPHIC LOCATION
OUTPATIENT FACILITIES INPATIENT FACILITIES
-------------------------------------------------------------------------------------------------
Comp. Other Assisted Skilled Inpatient Other
Ancillary Ambulatory Medical Outpatient Living Nursing Rehab Inpatient
Hospital Physician Care Office Facilit- Facili- Facili- Facili- Facili- % of
Facilities Clinics Centers Buildings ties(1) ties ties ties ties(2) Total Total
-----------------------------------------------------------------------------------------------------------------
PROPERTY OPERATING/OTHER AGREEMENTS
1 Arizona 3,534 11,449 14,983 0.92%
2 California 51,676 28,787 80,463 4.93%
3 Florida 30,578 10,308 46,843 8,126 95,855 5.87%
4 Georgia 18,341 18,341 1.12%
5 Kansas 10,889 10,889 0.67%
6 Mississippi 2,881 4,290 7,171 0.44%
7 Missouri 5,354 10,263 15,617 0.96%
8 Nevada 43,642 43,642 2.67%
9 Pennsylvania 4,935 4,861 1,692 2,901 14,389 0.88%
10 Tennessee 45,000 8,705 10,754 64,459 3.95%
11 Texas 24,301 8,721 33,022 2.02%
12 Virginia 28,950 3,814 12,269 45,033 2.76%
13 Wyoming 16,196 2,180 18,376 1.13%
----------------------------------------------------------------------------------------------------------------
TOTAL P.O.A.S/
OTHER 280,923 33,042 97,342 43,742 4,290 0 0 0 2,901 462,240 28.31%
----------------------------------------------------------------------------------------------------------------
MASTER LEASES
1 Alabama 42,964 8,368 11,430 4,276 17,722 84,760 5.19%
2 Arizona 5,274 2,874 8,148 0.50%
3 Arkansas 2,989 2,989 0.18%
4 California 28,934 8,094 1,046 12,688 50,762 3.11%
5 Colorado 4,967 21,441 26,408 1.62%
6 Connecticut 11,925 11,925 0.73%
7 Florida 39,200 45,054 9,759 1,417 9,481 22,775 10,206 11,703 149,595 9.16%
8 Georgia 5,299 1,561 9,860 16,720 1.02%
9 Illinois 11,680 1,453 8,167 21,300 1.30%
10 Indiana 3,640 3,640 0.22%
11 Kansas 7,593 7,593 0.46%
12 Massachusetts 26,823 26,823 1.64%
13 Michigan 12,715 13,558 26,273 1.61%
14 Mississippi 3,398 3,398 0.21%
15 Missouri 16,015 4,470 6,114 10,897 37,496 2.30%
16 Nevada 6,882 3,801 10,683 0.65%
17 New Jersey 18,634 18,634 1.14%
18 North Carolina 3,819 6,176 9,995 0.61%
19 Ohio 4,393 4,393 0.27%
20 Oklahoma 13,046 13,046 0.80%
21 Pennsylvania 30,396 20,617 112,248 163,261 10.00%
22 South Carolina 3,005 3,005 0.18%
23 Tennessee 3,139 2,555 7,329 8,335 21,358 1.31%
24 Texas 44,877 16,938 21,839 1,976 71,000 19,466 12,916 5,892 194,904 11.93%
25 Virginia 52,799 1,941 2,119 17,019 36,410 110,288 6.75%
26 Wyoming 6,838 6,838 0.42%
----------------------------------------------------------------------------------------------------------------
TOTAL MASTER
LEASES 224,069 124,811 47,613 5,334 38,350 233,915 186,104 154,589 19,450 1,034,235 63.33%
----------------------------------------------------------------------------------------------------------------
Corporate
Property 5,462 5,462 0.33%
----------------------------------------------------------------------------------------------------------------
TOTAL EQUITY
INVESTMENTS $504,992 $157,853 $144,955 $ 49,076 $ 42,640 $233,915 $186,104 $154,589 $27,813 $1,501,937 91.97%
================================================================================================================
MORTGAGES
1 Alabama 4,606 7,885 12,491 0.76%
2 Arizona 6,099 17,476 23,575 1.44%
3 California 16,701 7,812 24,513 1.50%
4 Florida 9,439 11,988 604 22,031 1.35%
5 Georgia 1,125 1,125 0.07%
6 Idaho 4,851 4,851 0.30%
7 Massachusetts 2,207 2,207 0.14%
8 Michigan 10,941 10,941 0.67%
9 Mississippi 1,321 1,321 0.08%
10 New Mexico 751 751 0.05%
11 Ohio 1,584 594 2,178 0.13%
12 Oregon 2,884 2,884 0.18%
13 Pennsylvania 995 995 0.06%
14 South Carolina 3,051 3,051 0.19%
15 Tennessee 1,912 12,279 14,191 0.87%
16 Texas 626 1,202 1,828 0.11%
17 Virginia 2,194 2,194 0.13%
----------------------------------------------------------------------------------------------------------------
TOTAL MTG.
INVESTMENTS $ -- $ 10,065 $ -- $ -- $ -- $ 59,070 $ 36,704 $ -- $25,288 $ 131,127 8.03%
----------------------------------------------------------------------------------------------------------------
TOTAL
INVESTMENTS 504,992 $167,918 $144,955 $ 49,076 $ 42,640 $292,985 $222,808 $154,589 $53,101 $1,633,064 100.00%
================================================================================================================
PERCENT OF
$ INVENTED $ 30.923% 10.282% 8.876% 3.005% 2.611% 17.941% 13.644% 9.466% 3.252% 100.000%
================================================================================================================
NUMBER OF
PROPERTIES 60 33 13 10 12 63 45 9 5 250
================================================================================================================
NUMBER OF BEDS 5,259 4,929 759 366 11,313
=======================================================
(1) 3 facility types <2% each.
(2) 4 facility types <2% each.
HEALTHCARE REALTY TRUST
SUPPLEMENTAL DATA REPORT
THREE MONTHS ENDED SEPTEMBER 31, 2001 PAGE 5 OF 13
6) INVESTMENT BY OPERATOR/SIGNIFICANT TENANT
Number of (1) Number of Total (1)
Real Estate Real Estate Mortgage Mortgage Number of Total Commit-
Properties Investment Properties Investment Properties Investment ments Total Percent.
------------------------ ---------------------- -----------------------------------------------
PUBLIC OR INVESTMENT GRADE OPERATORS/SIGNIFICANT TENANTS
1 Healthsouth 27 268,759 0 27 268,759 268,759 16.21%
2 HCA - The Healthcare Company 31 253,980 0 31 253,980 2,130 256,110 15.44%
3 Tenet 13 103,664 1 7,812 14 111,476 111,476 6.72%
4 Balanced Care 14 63,575 0 14 63,575 63,575 3.83%
5 Baptist Memorial Hospital 4 37,101 0 4 37,101 10,186 47,287 2.85%
6 Integrated Health 3 36,327 0 3 36,327 36,327 2.19%
7 Caremark Rx 5 28,597 0 5 28,597 28,597 1.72%
8 Methodist 4 26,101 0 4 26,101 26,101 1.57%
9 Ephrata Community Hospital 3 11,488 0 3 11,488 12,989 24,477 1.48%
10 Triad 4 24,158 0 4 24,158 24,158 1.46%
11 MedCath 1 3,534 1 17,476 2 21,010 21,010 1.27%
12 Ramsay 2 19,450 0 2 19,450 19,450 1.17%
13 United Medical Center 1 18,376 0 1 18,376 18,376 1.11%
14 KS Management Services 1 16,938 0 1 16,938 16,938 1.02%
15-27 13 Operators With Less
than 1% Each 18 120,373 1 7,360 19 127,733 -- 127,733 7.70%
------------------- ---------------- ---------------------------------------------
131 1,032,421 3 32,648 134 1,065,069 25,305 1,090,374 65.75%
------------------- ---------------- ---------------------------------------------
OTHER OPERATORS/SIGNIFICANT TENANTS
28 Life Care Centers 12 82,822 2 9,399 14 92,221 92,221 5.56%
29 Senior Lifestyles 10 75,769 0 10 75,769 75,769 4.57%
30 Summerville 5 51,570 0 5 51,570 51,570 3.11%
31 Lewis-Gale Clinic, LLC 10 45,033 0 10 45,033 45,033 2.72%
32 Kerlan Jobe Orthopedic 1 28,787 0 1 28,787 28,787 1.74%
33 Melbourne Internal Medicine 4 27,935 0 4 27,935 27,935 1.68%
34 Centennial 6 16,355 1 9,349 7 25,704 25,704 1.55%
35 Multi-tenant 4 24,474 0 4 24,474 24,474 1.48%
36 Wellington 5 18,969 0 5 18,969 18,969 1.14%
37-64 28 Operators With Less
than 1% Each 22 92,340 34 79,731 56 172,071 -- 172,071 10.38%
------------------- ---------------- ---------------------------------------------
79 464,054 37 98,479 116 562,533 -- 562,533 33.92%
------------------- ---------------- ---------------------------------------------
Corporate Property 5,462 5,462 5,462 0.33%
------------------- ---------------- ---------------------------------------------
TOTAL INVESTMENT
AND COMMITMENTS 210 $1,501,937 40 $131,127 250 $1,633,064 $25,305 $1,658,369 100.00%
=================== ================ =============================================
(1) Includes construction in progress.
7) SQUARE FEET OWNED AND/OR MANAGED BY GEOGRAPHIC LOCATION
Owned Third Party
---------------------------------- -----------------------
NOT Construction Property Asset
Managed In Progress Managed Management Management Mortgages Total Percent.
---------------------------------- -------------------------------------------------------
1 Florida 785,860 34,716 646,261 1,344,332 542,807 198,990 3,552,966 23.79%
2 Virginia 717,517 479,783 785,341 35,900 2,018,541 13.52%
3 Texas 1,097,527 484,508 124,647 110,151 1,816,833 12.17%
4 Tennessee 161,366 125,000 375,868 269,820 298,271 1,230,325 8.24%
5 California 256,144 386,148 465,380 1,107,672 7.42%
6 Pennsylvania 722,053 67,000 57,453 45,809 892,315 5.98%
7 Alabama 549,410 138,551 687,961 4.61%
8 Georgia 138,599 202,110 40,000 380,709 2.55%
9 Michigan 235,227 129,408 364,635 2.44%
10 Arizona 74,507 72,179 142,487 289,173 1.94%
11 Missouri 201,167 81,809 282,976 1.90%
12 Nevada 43,579 195,594 239,173 1.60%
13 Colorado 225,764 225,764 1.51%
14 Mississippi 25,000 60,520 36,951 49,280 25,619 12,260 209,630 1.40%
15 Massachusetts 185,327 23,862 209,189 1.40%
16 Wyoming 29,851 163,364 193,215 1.29%
17 Illinois 181,100 181,100 1.21%
18 Ohio 33,181 124,411 157,592 1.06%
19 Kansas 57,035 83,664 140,699 0.94%
20 Oklahoma 139,216 139,216 0.93%
21 Kentucky 134,556 134,556 0.90%
22 New Jersey 110,844 110,844 0.74%
23 Oregon 80,429 80,429 0.54%
24 North Carolina 69,781 69,781 0.47%
25 Connecticut 59,387 59,387 0.40%
26 South Carolina 21,120 23,000 44,120 0.30%
27 New Mexico 42,639 42,639 0.29%
28 Indiana 29,500 29,500 0.20%
29 Idaho 29,118 29,118 0.20%
30 Arkansas 11,963 11,963 0.08%
---------------------------------- -----------------------------------------------------
TOTAL SQUARE FEET 6,162,025 287,236 3,265,692 2,707,976 568,426 1,940,666 14,932,021 100.00%
================================== =====================================================
PERCENT OF TOTAL SQUARE FOOTAGE 41.27% 1.92% 21.87% 18.14% 3.81% 13.00% 100.00%
=================================== ============================================
HEALTHCARE REALTY TRUST
SUPPLEMENTAL DATE REPORT
THREE MONTHS ENDED SEPTEMBER 30, 2001 PAGE 6 OF 13
8) SQUARE FEET OWNED AND/OR MANAGED BY FACILITY TYPE
Owned Third Party
--------------------------------- -----------------------
NOT Construction Property Asset
Managed In Progress Managed Management Management Mortgages Total Percent.
--------------------------------- ------------------------------------------------------
Ancillary Hospital Facility 1,353,516 185,520 2,015,104 17,565 3,571,705 23.92%
Medical Office Buildings 42,932 67,000 328,301 2,670,806 568,426 3,677,465 24.63%
Assisted Living Facilities 1,519,294 1,166,636 2,685,930 17.99%
Skilled Nursing Facilities 1,286,351 569,537 1,855,888 12.43%
Physician's Clinics 793,913 247,413 19,605 105,915 1,166,846 7.81%
Comprehensive Ambulatory Care Centers 115,857 34,716 637,923 788,496 5.28%
Inpatient Rehab Hospitals 643,383 643,383 4.31%
Other Outpatient Facilities 253,438 36,951 290,389 1.94%
Other Inpatient Facilities 153,341 98,578 251,919 1.69%
--------------------------------- -----------------------------------------------------
TOTAL SQUARE FEET 6,162,025 287,236 3,265,692 2,707,976 568,426 1,940,666 14,932,021 100.00%
================================= =====================================================
PERCENT OF TOTAL SQUARE FOOTAGE 41.27% 1.92% 21.87% 18.14% 3.81% 13.00% 100.00%
================================== =============================================
9) SQUARE FEET OWNED AND/OR MANAGED BY OPERATOR/SIGNIFICANT TENANT
Owned Third Party
--------------------------------- -----------------------
NOT Construction Property Asset
Managed In Progress Managed Management Management Mortgages Total Percent.
--------------------------------- ----------------------------------------------------
PUBLIC OR INVESTMENT GRADE
OPERATOR/SIGNIFICANT TENANT
-------------------------------------
1 HCA - The Healthcare Company 812,032 34,716 772,745 1,181,403 542,807 3,343,703 22.39%
2 Healthsouth 1,124,390 111,816 1,236,206 8.28%
3 Tenet Healthcare Corporation 258,485 363,331 31,723 89,000 742,539 4.97%
4 Baptist Memorial Hospital 185,520 183,361 319,100 25,619 713,600 4.78%
5 Balanced Care 400,370 400,370 2.68%
6 Brookdale Communities 263,786 263,786 1.77%
7 Methodist 227,080 227,080 1.52%
8 Caremark Rx 164,941 164,941 1.10%
9 United Medical Center 163,364 163,364 1.09%
10 Integrated Health 153,660 153,660 1.03%
11 Ramsay 153,341 153,341 1.03%
12-28 17 Operators
with Square Feet Less Than 1% 695,558 67,000 501,258 144,366 -- 9,578 1,417,760 9.49%
--------------------------------- ---------------------------------------------------
TOTAL 3,762,777 287,236 2,322,955 1,676,592 568,426 362,364 8,980,350 60.14%
--------------------------------- ---------------------------------------------------
OTHER OPERATOR/SIGNIFICANT TENANT
-------------------------------------
29 Life Care Centers of America 620,527 131,813 752,340 5.04%
30 Medicorp Health System 663,533 663,533 4.44%
31 Senior Lifestyles 553,573 553,573 3.71%
32 Lewis-Gale Clinic, LLC 479,783 479,783 3.21%
33 Summerville 292,231 292,231 1.96%
34 Hearthstone 235,684 235,684 1.58%
35 Centennial Healthcare 151,172 80,000 231,172 1.55%
36 Mt. Sinai 229,753 229,753 1.54%
37 Multi-tenant 221,110 221,110 1.48%
38 Healthprime 165,738 165,738 1.11%
39-67 29 Operators
with Square Feet Less Than 1% 781,745 -- 241,844 138,098 -- 965,067 2,126,754 14.24%
--------------------------------- ---------------------------------------------------
TOTAL 2,399,248 -- 942,737 1,031,384 -- 1,578,302 5,951,671 39.86%
--------------------------------- ---------------------------------------------------
TOTAL SQUARE FEET 6,162,025 287,236 3,265,692 2,707,976 568,426 1,940,666 14,932,021 100.00%
================================= ===================================================
10) ASSISTED LIVING FACILITY OCCUPANCY
ALF Revenue Percent
For the Nine % of ALF
Number of Months Ended Revenue to
Occupancy Facilities 09/30/01 Total Revenue
--------------------------------------------------------
0% to 24.9% -- -- 0.0%
25% to 49.9% -- -- 0.0%
50% to 69.9% 4 1,292 0.9%
70% to 84.9% 20 7,198 4.9%
85% to 100.0% 39 12,747 8.8%
------------------------------------
63 21,237 14.6%
====================================
NOTE: Occupancy rates are generally as of June 30, 2001, and revenues are for
the nine months ended September 30, 2001.
HEALTHCARE REALTY TRUST
SUPPLEMENTAL DATE REPORT
THREE MONTHS ENDED SEPTEMBER 30, 2001 PAGE 7 OF 13
11) 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% 0.03
2004 11 7,004 4.76% 0.13
2005 6 1,483 1.01% 0.06
2006 3 1,806 1.23% 0.06
2007 11 5,332 3.62% 0.19
2008 27 20,388 13.85% 0.78
2009 27 20,231 13.75% 1.08
2010 12 7,166 4.87% 0.50
2011 22 18,974 12.89% 1.12
2012 21 13,650 9.27% 1.11
2013 19 14,948 10.16% 1.21
2014 4 3,599 2.45% 0.16
2015 5 2,144 1.46% 0.18
After 2015 14 3,651 2.48% 0.72
Multi-tenant 22 22,801 15.49% 1.00
----------------------------------------------------------------------------
TOTAL 210 $147,185 100.00% 8.33
============================================================================
B) MORTGAGES
Weighted
Average
Estimated Percent of Remaining
Number of Annualized Annualized Mortgage
Properties Net Revenue Net Revenue Term (Years)
----------------------------------------------------------------------------
2001 1 257 1.82% 0.00
2002 9 2,177 15.38% 0.11
2003 6 536 3.79% 0.06
2004 9 2,567 18.13% 0.60
2005 3 1,443 10.19% 0.10
2006 1 398 2.81% 0.19
2007 2 490 3.46% 0.47
2008 3 1,674 11.83% 0.79
2009 4 2,401 16.96% 1.30
2010 1 946 6.68% 0.65
2011 0 -- 0.00% 0.00
2012 0 -- 0.00% 0.00
2013 1 1,267 8.95% 1.23
2014 0 -- 0.00% 0.00
2015 0 -- 0.00% 0.00
After 2015 0 -- 0.00% 0.00
----------------------------------------------------------------------------
TOTAL 40 $ 14,156 100.00% 5.50
============================================================================
12) COMMITMENTS AND CONSTRUCTION IN PROGRESS
AS OF SEPTEMBER 30, 2001
-------------------------------------------------------------------------------------------------
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 2 $13,054 $10,186 $23,240 0 $-- $-- $--
Ephrata Community Hospital 1 1,692 12,989 14,681 0 -- -- --
Conemaugh Health Systems 1 2,901 -- 2,901 0 -- -- --
Expansion of existing property 1 6,559 2,130 8,689 0 -- -- --
-------------------------------------------------------------------------------------------------
TOTAL 5 $24,206 $25,305 $49,511 0 $-- $-- $--
=================================================================================================
Percentage of construction in progress to total investment
Portfolio at September 30, 2001 1.48%
===========
</Table>
(1) Projected Timing of Conversion to Revenue Producing Assets:
QTR 4, 2001 QTR 1, 2002 QTR 2, 2002 QTR 3, 2002 QTR 4, 2002 QTR 1, 2003 Total
--------------------------------------------------------------------------------------------
Real Estate Investments with
related Commitments $ -- $15,136 $8,104 $ -- $ -- $26,271 $49,511
===========================================================================================
(2) During the three and nine months ending September 30, 2001, the Company
capitalized interest in the amount of $567,311 and $1,645,553,
respectively,.
HEALTHCARE REALTY TRUST
SUPPLEMENTAL DATA REPORT
THREE MONTHS ENDED SEPTEMBER 30, 2001 PAGE 8 OF 13
13) LONG-TERM DEBT INFORMATION - AS OF SEPTEMBER 30, 2001
A) BREAKDOWN BETWEEN FIXED AND VARIABLE RATE DEBT:
Balance Effective Rate
----------------------------------
Fixed Rate Debt:
Senior Notes due 2002 $ 18,000 7.41%
Senior Notes due 2006 70,000 9.49%
Senior Notes due 2011 306,402 8.20% See Note (C)
6.55% Convertible Subordinated Debentures 0 7.50% See Note (F)
10.5% Convertible Subordinated Debentures 0 7.50% See Note (F)
Mortgage Notes Payable 76,434 Range from 7.22% to 7.76% See Note (D)
Other Note Payable 4,667 7.53%
---------
475,503
---------
Variable Rate Debt:
$150 Million Unsecured Credit Facility 52,000 1.15% over LIBOR See Note (E)
---------
52,000
---------
TOTAL $ 527,503
=========
B) FUTURE MATURITIES:
2006 and
2001 2002 2003 2004 2005 After Total
--------------------------------------------------------------------------------
Fixed Rate Debt:
Senior Notes due 2002 $ -- $ 18,000 $ -- $ -- $ -- $ -- $ 18,000
Senior Notes due 2006 -- -- -- 20,300 20,300 29,400 70,000
Senior Notes due 2011 (20) (112) (122) (132) (144) 306,932 306,402
6.55% Convertible Subordinated Debentures -- -- -- -- -- -- --
10.5% Convertible Subordinated Debentures -- -- -- -- -- -- --
Mortgage Notes Payable 413 3,315 3,571 18,867 3,747 46,521 76,434
Other Note Payable -- 1,167 1,167 1,167 1,166 -- 4,667
Variable Rate Debt:
$150 Million Unsecured Credit Facility -- -- -- 52,000 -- -- 52,000
--------------------------------------------------------------------------------
$ 393 $ 22,370 $ 4,616 $ 92,202 $ 25,069 $382,853 $527,503
================================================================================
C) In May 2001, the Company sold $300 million principal amount of
unsecured Senior Notes due May 2011 which 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 1.99% 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. The
proceeds from these Mortgage Notes Payable were used to fully repay the
Senior Term Loan Facility due 2001 and partially repay the Senior
Revolving Credit Facility due 2001.
E) In July 2001, the Company entered into a new $150 million Unsecured
Credit Facility with six banks. The previous Senior Revolving Credit
Facility was fully retired in May 2001 using proceeds from the sale of
$300 million Senior Notes due 2011. The new Unsecured Credit Facility,
which matures in July 2004, is priced at 1.15% over LIBOR and has a
0.2% facility fee. The Company funded its redemptions of it Convertible
Subordinated Debentures with proceeds from this new facility.
F) In July 2001, the Company paid in full its 6.55% Convertible
Subordinated Debentures due 2002 and its 10.5% Convertible Subordinated
Debentures due 2002. These redemptions, which totaled approximately
$74.7 million, were funded from proceeds of the Company's $300 million
Senior Notes due 2011 and the new Unsecured Credit Facility.
G) CREDIT RATING:
Moody's Investors Service has assigned a "Baa3" credit rating to the
Company's Senior Notes due 2002, 2006, and 2011, and a "Ba2" rating to
the Company's preferred stock.
Standard & Poor's Investors Service has assigned a "BBB-" credit rating
to the Company's Senior Notes due 2002, 2006, and 2011 and a "BB+"
rating to the Company's preferred stock.
Fitch IBCA Duff & Phelps Credit Rating Co. has assigned a "BBB" credit
rating to the Company's Senior Notes due 2002, 2006, and 2011, and a
"BBB-" rating to the Company's preferred stock.
HEALTHCARE REALTY TRUST
SUPPLEMENTAL DATA REPORT
THREE MONTHS ENDED SEPTEMBER 30, 2001 PAGE 9 OF 13
14) DIVIDEND HISTORY
A) COMMON STOCK (DOLLARS NOT ROUNDED TO THOUSANDS)
Increase
From Prior
Operating Period Payment Date Amount Quarter Annualized
---------------------------------------------------------------------------------------------------
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
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
B) PREFERRED STOCK
Increase
From Prior
Operating Period Payment Date Amount Quarter Annualized
---------------------------------------------------------------------------------------------------
September 1, 1998 - November 15, 1998 Nov. 26, 1998 0.4622 0.0 2.22
November 16, 1998 - February 15, 1999 Feb. 26, 1999 0.5546 0.0 2.22
February 16, 1999 - May 15, 1999 May 28, 1999 0.5546 0.0 2.22
May 16, 1999 - August 15, 1999 Aug. 27, 1999 0.5546 0.0 2.22
August 16, 1999 - November 15, 1999 Nov. 26, 1999 0.5546 0.0 2.22
November 16, 1999 - February 15, 2000 Feb. 29, 2000 0.5546 0.0 2.22
February 16, 2000 - May 15, 2000 May 31, 2000 0.5546 0.0 2.22
May 16, 2000 - August 15, 2000 Aug. 31, 2000 0.5546 0.0 2.22
August 16, 2000 - November 15, 2000 Nov. 30, 2000 0.5546 0.0 2.22
November 16, 2000 - February 15, 2001 Feb. 28, 2001 0.5546 0.0 2.22
February 16, 2001 - May 15, 2001 May 31, 2001 0.5546 0.0 2.22
May 16, 2001 - August 15, 2001 Aug. 31, 2001 0.5546 0.0 2.22
August 16, 2001 - November 15, 2001 Nov. 30, 2001 0.5546 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
Note> While the taxability of 2001 dividends cannot be determined until
late January 2002, the Company is not aware of any activities that
would cause a substantial change in the taxability of the total 2001
dividend. Therefore, the taxability of the total 2001 dividend should
approximate the taxability of the dividends paid February 16, May 17,
August 16, and December 6, 2000.
HEALTHCARE REALTY TRUST
SUPPLEMENTAL DATA REPORT
THREE MONTHS ENDED SEPTEMBER 30, 2001 PAGE 10 OF 13
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 NINE MONTHS
ENDED SEPT. 30, ENDED SEPT. 30,
------------------------- -------------------------
2001 2000 2001 2000
------------------------- -------------------------
TOTAL COMMON SHARES OUTSTANDING 40,765,435 40,150,931 40,765,435 40,150,931
========================= =========================
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING 40,729,439 40,144,276 40,586,428 40,107,465
Actual Restricted Stock Shares (838,185) (607,042) (838,185) (607,042)
------------------------- -------------------------
DENOMINATOR SHARES FOR BASIC COMMON SHARE EPS AND FFO 39,891,254 39,537,234 39,748,243 39,500,423
Restricted Shares - Treasury 506,341 517,809 544,116 564,485
Dilution for Convertible Debentures 0 179,076 0 181,136
Dilution for Employee Stock Purchase Plan 115,394 56,320 112,132 38,571
------------------------- -------------------------
DENOMINATOR SHARES FOR DILUTED COMMON SHARE EPS AND FFO 40,512,989 40,290,439 40,404,491 40,284,615
========================= =========================
NOTE: AS OF SEPTEMBER 30, 2001, HR HAD APPROXIMATELY 1,783 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) 392,602 168,750 0 706,152
Timothy G. Wallace 32,938 208,773 82,500 0 324,211
Roger O. West 3,238 210,549 82,500 0 296,287
Other Officers as a group 17,360 19,994 0 0 37,354
Directors as a group 41,349 2,700 0 0 44,049
--------------------------------------------------------------
TOTAL 239,685 834,618 333,750 0 1,408,053
==============================================================
(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 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 JUNE 30, 2001
A) Institutional Shares Held: 17,749,529 (Source: Form 13F Filings)
===========
B) Number of Institutions: 179
===========
C) Percentage of Common Shares Outstanding: 43.72%
===========
18) BOOK VALUE PER COMMON SHARE
Total Stockholders' Equity $ 998,382
Less: Preferred Stock Liquidation/Redemption
Value 75,000
-----------
Total Common Stockholders' Equity $ 923,382
Total Common Shares Outstanding 40,765,435
===========
Book Value Per Common Share $ 22.65
===========
HEALTHCARE REALTY TRUST
SUPPLEMENTAL DATA REPORT
THREE MONTHS ENDED SEPTEMBER 30, 2001 PAGE 11 OF 13
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
Senior Notes due 2011 OTC HR 421946AE4
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
Michael W. Crisler, Senior Vice President / Technology
Scott W. Holmes, Senior Vice President / Financial Reporting
Fredrick M. Langreck, Senior Vice President / Treasurer
J. D. Carter Steele, Senior Vice President / Asset Administration
Eric W. Fischer, Vice President / Real Estate Investments
Keith A. Harville, Vice President / Real Estate Investments
Donald L. Husi, Vice President / Senior Living Asset Administration
Leigh Ann Stach, Vice President / Financial Reporting and
Controller
B. Douglas Whitman, Associate 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
Thomas M. Carnell, Vice President / Design & Construction
Gilbert T. Irvin, Vice President / Operations
Anne C. Sanborn, Associate Vice President / Project Development
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)
HEALTHCARE REALTY TRUST
SUPPLEMENTAL DATA REPORT
THREE MONTHS ENDED SEPTEMBER 30, 2001 PAGE 12 OF 13
F) PROFESSIONAL AFFILIATIONS:
INDEPENDENT PUBLIC AUDITORS
Ernst & Young LLP
Bank of Americas 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. Ann Melnick (314) 955-2947
Banc of America Securities Gary Taylor (212) 847-5174
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
UBS Warburg Howard Capek (212) 821-6369
Wachovia Securities, Inc. Stephen Swett (212) 909-0954
I) PROJECTED DATES FOR 2001 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. 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
Incorporated for the year ended December 31, 2000. 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 SEPTEMBER 30, 2001 PAGE 13 OF 13