EXHIBIT 99.1
Supplemental Data Report
Three Months Ended June 30, 2002
Dollars in thousands, except per share data, unless otherwise disclosed
Updated as of August 12, 2002
1) RECONCILIATION OF FUNDS FROM OPERATIONS (1) - UNAUDITED
For the Three Months For the Six Months
Ended June 30, Ended June 30,
------------------------- ----------------------------
2002 2001 2002 2001
------------------------- ----------------------------
Net Income before net gain (loss) on sale of real
estate properties $ 19,296 $ 19,409 $ 39,473 $ 39,435
Elimination of the recognition of rental
revenues on a straight line basis (2) (50) (1,443) (1,231) (3,191)
Preferred Stock Dividend (1,664) (1,664) (3,328) (3,328)
Real Estate Depreciation 10,072 9,989 20,317 19,941
------------------------- ----------------------------
Total Adjustments 8,358 6,882 15,758 13,422
------------------------- ----------------------------
Funds From Operations - Basic $ 27,654 $ 26,291 $ 55,231 $ 52,857
========================= ============================
Convertible Subordinated Debenture Interest 0 4 0 74
========================= ============================
Funds From Operations - Diluted $ 27,654 $ 26,295 $ 55,231 $ 52,931
========================= ============================
Funds From Operations Per Common Share - Basic $ 0.68 $ 0.66 $ 1.36 $ 1.33
========================= ============================
Funds From Operations Per Common Share - Diluted $ 0.67 $ 0.65 $ 1.33 $ 1.31
========================= ============================
Wtd Average Common Shares Outstanding - Basic 40,652,146 39,721,416 40,561,412 39,675,562
========================= ============================
Wtd Average Common Shares Outstanding - Diluted 41,512,283 40,566,400 41,456,693 40,543,038
========================= ============================
(1) Funds From Operations ("FFO") does not represent cash
generated from operating activities in accordance with
accounting principles generally accepted in the United States,
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 REIT's do, FFO on a
diluted basis would have been $0.67 and $1.36, respectively,
per common share for the three and six months ended June 30,
2002.
- -------------------------------------------------------------------------------
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 JUNE 30, 2002 PAGE 1 OF 13
2) CONDENSED CONSOLIDATED BALANCE SHEETS
ASSETS (Unaudited) (1)
JUNE 30, 2002 DEC. 31, 2001
------------- -------------
Real estate properties (2):
Land $ 147,152 $ 149,522
Buildings and improvements 1,330,296 1,332,948
Personal property 8,605 7,815
Construction in progress 18,064 18,255
----------- -----------
1,504,117 1,508,540
Less accumulated depreciation (177,782) (158,876)
----------- -----------
Total real estate properties, net 1,326,335 1,349,664
Cash and cash equivalents 1,070 2,930
Mortgage notes receivable 114,027 122,074
Other assets, net 90,999 80,813
----------- -----------
Total assets $ 1,532,431 $ 1,555,481
=========== ===========
LIABILITIES AND STOCKHOLDERS' EQUITY
Liabilities:
Notes and bonds payable $ 502,365 $ 505,222
Accounts payable and accrued liabilities 13,887 12,203
Other liabilities 13,025 25,969
----------- -----------
Total liabilities 529,277 543,394
----------- -----------
Commitments and contingencies -- --
Stockholders' equity:
Preferred stock, $.01 par value; 50,000,000 shares authorized;
issued and outstanding, 2002 and 2001-- 3,000,000 30 30
Common stock, $.01 par value; 150,000,000 shares authorized;
issued and outstanding, 2002-- 41,941,158; 2001-- 41,465,919 419 414
Additional paid-in capital 1,102,039 1,089,127
Deferred compensation (23,234) (12,852)
Cumulative net income 417,164 375,061
Cumulative dividends (493,264) (439,693)
----------- -----------
Total stockholders' equity 1,003,154 1,012,087
----------- -----------
Total liabilities and stockholders' equity $ 1,532,431 $ 1,555,481
=========== ===========
(1) The balance sheet at December 31, 2001 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.
(2) Total weighted average depreciable life is 34.5 years. (see
schedule 5)
HEALTHCARE REALTY TRUST
SUPPLEMENTAL DATA REPORT
THREE MONTHS ENDED JUNE 30, 2002 PAGE 2 OF 13
3) CONDENSED CONSOLIDATED STATEMENTS OF INCOME
FOR THE THREE MONTHS FOR THE SIX MONTHS
ENDED JUNE 30, ENDED JUNE 30,
-------------------------- -------------------------
2002 2001 2002 2001
----------- ------------ ----------- -----------
(Unaudited) (Unaudited) (Unaudited) (Unaudited)
REVENUES
Master lease rental income $ 24,683 $ 25,025 $ 49,579 $ 50,112
Property operating income 18,909 17,590 38,001 34,040
Straight line rent 50 1,443 1,231 3,191
Mortgage interest income 3,538 4,507 7,322 9,046
Management fees 278 381 593 723
Interest and other income 852 549 1,237 612
----------- ------------ ----------- -----------
48,310 49,495 97,963 97,724
----------- ------------ ----------- -----------
EXPENSES
General and administrative 2,726 2,758 5,234 4,793
Property operating expenses 7,399 6,672 14,862 12,863
Interest 8,499 10,414 17,438 20,199
Depreciation 10,357 10,168 20,880 20,280
Amortization 33 74 76 154
----------- ------------ ----------- -----------
29,014 30,086 58,490 58,289
----------- ------------ ----------- -----------
NET INCOME BEFORE NET GAIN (LOSS) ON SALE OF
REAL ESTATE PROPERTIES 19,296 19,409 39,473 39,435
Net gain (loss) on sale of real estate properties 2,959 (36) 2,630 582
----------- ------------ ----------- -----------
NET INCOME $ 22,255 $ 19,373 $ 42,103 $ 40,017
=========== ============ =========== ===========
NET INCOME PER COMMON SHARE - BASIC $ 0.51 $ 0.45 $ 0.96 $ 0.92
=========== ============ =========== ===========
NET INCOME PER COMMON SHARE - DILUTED $ 0.50 $ 0.44 $ 0.94 $ 0.91
=========== ============ =========== ===========
COMMON SHARES OUTSTANDING - BASIC 40,652,146 39,721,416 40,561,412 39,675,562
=========== ============ =========== ===========
COMMON SHARES OUTSTANDING - DILUTED 41,512,283 40,566,400 41,456,693 40,543,038
=========== ============ =========== ===========
NOTE: The income statements do not include all of the information and
footnotes required by generally accepted accounting principles for complete
financial statements.
RECONCILIATION OF NET INCOME TO TAXABLE INCOME (UNAUDITED)
FOR THE THREE MONTHS FOR THE SIX MONTHS
ENDED JUNE 30, ENDED JUNE 30,
----------------------- -----------------------
2002 2001 2002 2001
-------- -------- -------- --------
NET INCOME $ 22,255 $ 19,373 $ 42,103 $ 40,017
DEPRECIATION AND AMORTIZATION (1) 10,390 10,242 20,956 20,434
DEPRECIATION AND AMORTIZATION (2) (7,937) (8,406) (16,255) (16,812)
GAIN OR LOSS ON DISPOSITION OF DEPRECIABLE ASSETS 573 250 1,157 248
STRAIGHT LINE RENT (50) (1,443) (1,231) (3,191)
OTHER 429 200 (1,074) 400
-------- -------- -------- --------
3,405 843 3,553 1,079
-------- -------- -------- --------
TAXABLE INCOME (3) $ 25,660 $ 20,216 $ 45,656 $ 41,096
======== ======== ======== ========
(1) Per Statement of Income
(2) Tax basis
(3) Before REIT dividend paid deduction
NOTE: While taxable income cannot be determined with any certainty until
after the close of the calendar year, the Company has estimated taxable
income for the periods ended June 30, 2002 and June 30, 2001 based on
the Company's net income for financial statement purposes adjusted for
anticipated differences between financial statement net income and REIT
taxable income. These differences arise from income and expenses
included in net income that are nontaxable or nondeductible,
respectively, for federal income tax purposes, or that are taxable or
deductible, respectively, in another period or periods due to timing
differences between the methods of accounting appropriate under
generally accepted accounting principles and those required for federal
income tax purposes. Such differences for the Company include those
listed above in detail and other differences, which are attributable to
deferred rents, reserves for doubtful accounts and other contingencies,
prepaid expenses, deferred compensation, nondeductible expenses,
nontaxable income, purchase accounting differences arising from
tax-free reorganizations, and other differences between GAAP and
federal income tax accounting methods.
HEALTHCARE REALTY TRUST
SUPPLEMENTAL DATA REPORT
THREE MONTHS ENDED JUNE 30, 2002 PAGE 3 OF 13
4) INVESTMENT PROGRESSION
A) CONSTRUCTION IN PROGRESS
FOR THE THREE FOR THE SIX
NUMBER OF MONTHS ENDED NUMBER OF MONTHS ENDED
PROPERTIES 06/30/02 PROPERTIES 06/30/02
---------- ------------- ---------- ------------
Balance at beginning of period 3 $15,858 4 $ 18,255
Fundings on projects in existence at
the beginning of the period 0 2,206 0 4,911
New Projects started during the period 0 0 0 0
Completions 0 0 (1) (5,102)
--- ------- -- --------
Balance at end of period 3 $18,064 3 $ 18,064
=== ======= == ========
B) REAL ESTATE PROPERTIES
FOR THE THREE FOR THE SIX
NUMBER OF MONTHS ENDED NUMBER OF MONTHS ENDED
PROPERTIES 06/30/02 PROPERTIES 06/30/02
---------- ------------- ---------- ------------
Balance at beginning of period 204 $ 1,490,685 205 $ 1,490,285
Acquisitions 0 0 0 0
Additions/Improvements 0 6,625 0 10,428
Completions (CIP) 0 0 1 5,102
Sales (3) (11,257) (5) (19,762)
---- ----------- ---- -----------
Balance at end of period 201 $ 1,486,053 201 $ 1,486,053
==== =========== ==== ===========
C) MORTGAGE NOTES RECEIVABLE
FOR THE THREE FOR THE SIX
NUMBER OF MONTHS ENDED NUMBER OF MONTHS ENDED
PROPERTIES 06/30/02 PROPERTIES 06/30/02
---------- ------------- ---------- ------------
Balance at beginning of period 31 $118,884 36 $122,074
Funding of Mortgages 0 54 0 3,864
Repayments (2) (4,507) (7) (11,016)
Purchase Price Adjustment Amortization 0 (159) 0 (318)
Scheduled Principal Payments 0 (245) 0 (577)
---- -------- --- --------
Balance at end of period 29 $114,027 29 $114,027
==== ======== === ========
HEALTHCARE REALTY TRUST
SUPPLEMENTAL DATA REPORT
THREE MONTHS ENDED JUNE 30, 2002 PAGE 4 OF 13
5) INVESTMENT BY TYPE AND GEOGRAPHIC LOCATION
OUTPATIENT FACILITIES INPATIENT FACILITIES
------------------------------------------------------ ---------------------------------------
Comp. Other Assist- In- Other
Ambu- Out- ed Skilled patient In-
Ancillary latory Medical patient Living Nursing Rehab patient
Hospital Physician Care Office Facili- Facil- Facil- Facil- Facil- % of
Facilities Clinics Centers Buildings ties(1) ities ities ities ities(2) Total Total
----------------------------------------------------------------------------------------------------------------
OPERATING
PROPERTIES
1 Arizona 3,534 12,997 16,531 1.02%
2 California 47,121 29,015 76,136 4.71%
3 Florida 30,693 10,308 46,957 8,266 96,224 5.95%
4 Georgia 18,836 18,836 1.16%
5 Kansas 10,983 10,983 0.68%
6 Mississippi 5,695 4,290 9,985 0.62%
7 Missouri 5,483 11,382 16,865 1.04%
8 Nevada 43,776 43,776 2.71%
9 Pennsylvania 13,152 4,960 2,902 21,014 1.30%
10 Tennessee 50,825 8,682 10,754 70,261 4.34%
11 Texas 24,376 8,753 33,129 2.05%
12 Virginia 28,950 3,289 12,447 44,686 2.76%
13 Wyoming 18,130 2,180 20,310 1.26%
---------------------------------------------------------------------------------------------------------------
TOTAL OPER.
PROPERTIES 296,071 32,722 100,351 42,400 4,290 0 0 0 2,902 478,736 29.59%
---------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
SAME FACILITY
NOI GROWTH: -1.6% 10.2% 8.4% 7.2% 0.0% 0.0% 2.1%
- ------------------------------------------------------------------------------------------------------------------------------------
MASTER LEASES
1 Alabama 42,964 8,368 11,430 4,275 17,722 84,759 5.24%
2 Arizona 5,274 2,874 8,148 0.50%
3 Arkansas 2,989 2,989 0.18%
4 California 28,934 8,181 1,046 12,688 50,849 3.14%
5 Colorado 4,967 21,441 26,408 1.63%
6 Connecticut 11,925 11,925 0.74%
7 Florida 39,270 45,054 10,128 1,417 9,481 23,159 10,206 11,703 150,418 9.30%
8 Georgia 5,369 1,561 9,860 16,790 1.04%
9 Illinois 11,680 1,453 13,133 0.81%
10 Indiana 3,640 3,640 0.22%
11 Kansas 7,593 7,593 0.47%
12 Massachusetts 26,823 26,823 1.66%
13 Michigan 12,715 13,558 26,273 1.62%
14 Mississippi 3,398 3,398 0.21%
15 Missouri 16,015 4,470 6,114 10,897 37,496 2.32%
16 Nevada 6,881 3,801 10,682 0.66%
17 New Jersey 18,634 18,634 1.15%
18 North Carolina 3,819 3,819 0.24%
19 Ohio 4,393 4,393 0.27%
20 Oklahoma 13,051 13,051 0.81%
21 Pennsylvania 30,396 20,617 112,248 163,261 10.09%
22 South Carolina 3,005 3,005 0.19%
23 Tennessee 3,139 2,555 7,329 8,335 21,358 1.32%
24 Texas 39,625 16,938 22,062 1,976 71,000 19,466 12,916 5,892 189,875 11.73%
25 Virginia 52,799 1,941 2,119 17,019 36,411 110,289 6.82%
26 Wyoming 6,838 6,838 0.42%
---------------------------------------------------------------------------------------------------------------
TOTAL MASTER
LEASES 218,886 124,968 48,205 5,334 38,350 226,131 179,934 154,589 19,450 1,015,847 62.78%
---------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
SAME FACILITY
NOI GROWTH: 2.1% 2.6% 3.3% 2.8% -1.5% 2.6% -1.2% 2.4% 1.6% 1.6%
- -----------------------------------------------------------------------------------------------------------------------------------
Corporate
Property 9,534 0.59%
---------------------------------------------------------------------------------------------------------------
TOTAL EQUITY
INVESTMENTS $514,957 $157,690 $ 148,556 $47,734 $ 42,640 $226,131 $179,934 $154,589 $ 22,352 $1,504,117 92.95%
===============================================================================================================
- ------------------------------------------------------------------------------------------------------------------------------------
Wtd Avg
Depreciable
Life (yrs): 36.4 33.2 33.1 35.4 35.5 32.3 35.5 34.8 31.3 34.5
Wtd Avg Period
Held (yrs): 5.7 4.7 4.6 6.4 5.3 3.7 5.4 3.7 3.7 5.0
- ------------------------------------------------------------------------------------------------------------------------------------
MORTGAGES
1 Alabama 1,189 1,189 0.07%
2 Arizona 6,055 17,237 23,292 1.44%
3 California 16,744 7,738 24,482 1.51%
4 Florida 9,414 11,816 21,230 1.31%
5 Georgia 1,118 1,118 0.07%
6 Idaho 4,788 4,788 0.30%
7 Michigan 10,848 10,848 0.67%
8 Mississippi 1,306 1,306 0.08%
9 New Mexico 745 745 0.05%
10 Ohio 1,568 588 2,156 0.13%
11 Oregon 2,844 2,844 0.18%
12 South Carolina 3,006 3,006 0.19%
13 Tennessee 1,893 11,754 13,647 0.84%
14 Texas 600 617 1,217 0.08%
15 Virginia 2,159 2,159 0.13%
---------------------------------------------------------------------------------------------------------------
TOTAL MTG.
INVESTMENTS $ -- $ 10,014 $ -- $ -- $ -- $ 53,689 $ 25,349 $ -- $ 24,975 $ 114,027 7.05%
---------------------------------------------------------------------------------------------------------------
- ---------------------------------------------------------------------------------------------------------------------------
SAME FACILITY -0.8% 9.6% 11.2% 1.4% 7.4%
NOI GROWTH:
- ---------------------------------------------------------------------------------------------------------------------------
TOTAL
INVESTMENTS $514,957 $167,704 $ 148,556 $47,734 $ 42,640 $279,820 $205,283 $154,589 $ 47,327 $1,618,144 100.00%
===============================================================================================================
PERCENT OF
$ INVESTED 32.824% 10.364% 9.181% 2.950% 2.635% 17.293% 12.686% 9.554% 2.925% 100.00%
======================================================================================================
NUMBER OF
PROPERTIES 58 31 13 10 12 57 38 9 5 233
======================================================================================================
NUMBER OF BEDS 4,834 4,049 759 354 9,996
=================================================
(1) 3 facility types <2% each.
(2) 4 facility types <2% each.
HEALTHCARE REALTY TRUST
SUPPLEMENTAL DATA REPORT
THREE MONTHS ENDED JUNE 30, 2002 PAGE 5 OF 13
6) INVESTMENT BY OPERATOR/SIGNIFICANT TENANT
(1)
Number of Real Number of Total (1)
Real Estate Estate Mortgage Mortgage Number of Total Com-
Properties Investment Properties Investment Properties Investment mitments Total Percent
-----------------------------------------------------------------------------------------------------
PUBLIC OR INVESTMENT GRADE OPERATORS/SIGNIFICANT TENANTS
- ---------------------------------------------------------
1 Healthsouth 27 271,427 0 27 271,427 271,427 16.72%
2 HCA - The Healthcare
Company 29 246,181 0 29 246,181 428 246,609 15.19%
3 Tenet 12 99,261 1 7,738 13 106,999 106,999 6.59%
4 Balanced Care 14 63,575 0 14 63,575 63,575 3.92%
5 Baptist Memorial
Hospital 4 45,417 0 4 45,417 45,417 2.80%
6 Integrated Health 3 36,327 0 3 36,327 36,327 2.24%
7 Caremark Rx 5 28,597 0 5 28,597 28,597 1.76%
8 Methodist 4 26,323 0 4 26,323 26,323 1.62%
9 Triad 4 24,158 0 4 24,158 24,158 1.49%
10 Ephrata Community
Hospital 3 18,111 0 3 18,111 4,968 23,079 1.42%
11 MedCath 1 3,534 1 17,237 2 20,771 20,771 1.28%
12 United Medical Center 1 20,310 0 1 20,310 20,310 1.25%
13 Ramsay 2 19,450 0 2 19,450 19,450 1.20%
14 KS Management Services 1 16,938 0 1 16,938 16,938 1.04%
15-26 12 Operators With Less
than 1% Each 16 105,962 1 7,524 17 113,486 113,486 6.99%
-----------------------------------------------------------------------------------------------------
126 1,025,571 3 32,499 129 1,058,070 5,396 1,063,466 65.50%
-----------------------------------------------------------------------------------------------------
OTHER OPERATORS/SIGNIFICANT TENANTS
- -----------------------------------
27 Life Care Centers 12 82,822 2 9,330 14 92,152 92,152 5.68%
28 Summerville 5 51,953 0 5 51,953 51,953 3.20%
29 Lewis-Gale Clinic, LLC 8 44,686 0 8 44,686 44,686 2.75%
30 Senior Lifestyles 4 42,732 0 4 42,732 42,732 2.63%
31 Kerlan Jobe Orthopedic 1 29,015 0 1 29,015 29,015 1.79%
32 Emeritus 4 28,268 0 4 28,268 28,268 1.74%
33 Melbourne Internal
Medicine 4 27,935 0 4 27,935 27,935 1.72%
34 Centennial 6 16,355 1 9,272 7 25,627 25,627 1.58%
35 HRT Multi-tenant 4 24,979 0 4 24,979 24,979 1.54%
36 Wellington 5 18,969 0 5 18,969 18,969 1.17%
37-62 26 Operators With Less
than 1% Each 25 101,298 23 62,926 48 164,224 164,224 10.12%
-----------------------------------------------------------------------------------------------------
78 469,012 26 81,528 104 550,540 -- 550,540 33.91%
-----------------------------------------------------------------------------------------------------
Corporate Property 9,534 9,534 9,534 0.59%
-----------------------------------------------------------------------------------------------------
TOTAL INVESTMENT AND
COMMITMENTS 204 $ 1,504,117 29 $ 114,027 233 $ 1,618,144 $ 5,396 $1,623,540 100.00%
=====================================================================================================
(1) Includes construction in progress.
7) SQUARE FEET OWNED AND/OR MANAGED BY GEOGRAPHIC LOCATION
Number of Properties Owned Third Party
---------------------------- ------------------------------ -------------------
Construc- Asset
Third Mort- NOT tion In Property Manage-
Owned Party gages Total Managed Progress Managed Management ment Mortgages Total Percent
---------------------------- ------------------------------ ---------------------------------------------------
1 Florida 34 115 3 152 785,860 34,716 581,997 1,062,972 445,607 172,060 3,083,212 23.57%
2 Texas 26 2 28 1,097,527 406,647 66,665 1,570,839 12.01%
3 Virginia 27 1 1 29 716,321 459,469 111,998 35,900 1,323,688 10.12%
4 Tennessee 15 5 4 24 161,366 495,156 317,090 196,451 1,170,063 8.95%
5 California 12 1 4 17 256,144 361,346 30,245 465,380 1,113,115 8.51%
6 Pennsylvania 20 20 722,053 70,000 52,586 844,639 6.46%
7 Alabama 11 1 12 549,410 15,000 564,410 4.31%
8 Georgia 7 1 8 138,599 206,855 40,000 385,454 2.95%
9 Michigan 6 2 8 235,227 129,408 364,635 2.79%
10 Missouri 10 10 201,167 106,789 307,956 2.35%
11 Arizona 4 4 8 74,507 75,621 142,487 292,615 2.24%
12 Nevada 3 3 43,579 195,915 239,494 1.83%
13 Colorado 3 3 225,764 225,764 1.73%
14 Wyoming 2 2 29,851 192,883 222,734 1.70%
15 Mississippi 3 3 1 7 25,000 97,471 70,310 12,260 205,041 1.57%
16 Massachusetts 4 4 185,327 185,327 1.42%
17 Ohio 1 2 3 33,181 124,411 157,592 1.20%
18 Oklahoma 5 5 139,216 139,216 1.06%
19 Kansas 2 2 57,035 71,144 128,179 0.98%
20 Illinois 2 2 115,100 115,100 0.88%
21 New Jersey 2 2 110,844 110,844 0.85%
22 Oregon 0 1 1 80,429 80,429 0.61%
23 Connecticut 1 1 59,387 59,387 0.45%
24 South Carolina 1 1 2 21,120 23,000 44,120 0.34%
25 New Mexico 0 1 1 42,639 42,639 0.33%
26 North Carolina 1 1 33,181 33,181 0.25%
27 Indiana 1 1 29,500 29,500 0.23%
28 Idaho 0 1 1 29,118 29,118 0.22%
29 Arkansas 1 1 11,963 11,963 0.09%
-----------------------------------------------------------------------------------------------------------------
TOTAL SQUARE
FEET 6,058,229 104,716 3,303,879 1,592,615 445,607 1,575,208 13,080,254 100.00%
===================================================================================
TOTAL
PROPERTIES 204 125 29 358
==========================
HEALTHCARE REALTY TRUST
SUPPLEMENTAL DATA REPORT
THREE MONTHS ENDED JUNE 30, 2002 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 1,352,320 70,000 2,039,276 3,461,596 26.46%
Medical Office Buildings 42,932 398,549 1,562,370 445,607 2,449,458 18.73%
Assisted Living Facilities 1,453,294 1,028,805 2,482,099 18.98%
Skilled Nursing Facilities 1,249,751 341,910 1,591,661 12.17%
Physician's Clinics 793,913 169,344 105,915 1,069,172 8.17%
Comprehensive Ambulatory Care
Centers 115,857 34,716 659,759 810,332 6.20%
Inpatient Rehab Hospitals 643,383 643,383 4.92%
Other Outpatient Facilities 253,438 36,951 290,389 2.22%
Other Inpatient Facilities 153,341 30,245 98,578 282,164 2.16%
-------------------------------------- --------------------------------------------------------
TOTAL SQUARE FEET 6,058,229 104,716 3,303,879 1,592,615 445,607 1,575,208 13,080,254 100.00%
====================================== ========================================================
PERCENT OF TOTAL SQUARE FOOTAGE 46.32% 0.80% 25.26% 12.18% 3.41% 12.04% 100.00%
====================================== ===============================================
TOTAL NUMBER OF PROPERTIES 144 3 57 82 43 29 358
====================================== ===============================================
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 810,836 34,716 683,893 1,005,149 445,607 2,980,201 22.78%
2 Healthsouth 1,124,390 140,233 1,264,623 9.67%
3 Baptist Memorial Hospital 362,542 387,400 749,942 5.73%
4 Tenet Healthcare Corporation 258,485 338,528 61,968 89,000 747,981 5.72%
5 Balanced Care 400,370 400,370 3.06%
6 Brookdale Communities 263,786 263,786 2.02%
7 Methodist 221,100 221,100 1.69%
8 United Medical Center 192,883 192,883 1.47%
9 Medpartners 164,941 164,941 1.26%
10 Integrated Health 153,660 153,660 1.17%
11 Ramsay 153,341 153,341 1.17%
12-28 17 Operators with Square
Feet Less Than 1% 629,558 70,000 437,527 9,578 1,146,663 8.77%
---------------------------------- ---------------------------------------------------------
TOTAL 3,695,581 104,716 2,376,706 1,454,517 445,607 362,364 8,439,491 64.52%
---------------------------------- ---------------------------------------------------------
OTHER OPERATOR/SIGNIFICANT TENANT
- ---------------------------------
29 Life Care Centers of America 620,527 131,813 752,340 5.75%
30 Lewis-Gale Clinic, LLC 459,469 459,469 3.51%
31 Senior Lifestyles 308,742 308,742 2.36%
32 Summerville 292,231 292,231 2.23%
33 Centennial Healthcare 151,172 80,000 231,172 1.77%
34 HRT Multi-tenant 225,855 225,855 1.73%
35 Emeritus 209,747 209,747 1.60%
36 Hearthstone 192,198 192,198 1.47%
37 Melbourne Internal Medicine 140,125 140,125 1.07%
38 HSI 139,216 139,216 1.06%
39-64 26 Operators with Square
Feet Less Than 1% 500,888 241,849 138,098 808,833 1,689,668 12.92%
---------------------------------- ---------------------------------------------------------
TOTAL 2,362,648 -- 927,173 138,098 -- 1,212,844 4,640,763 35.48%
---------------------------------- ---------------------------------------------------------
TOTAL SQUARE FEET 6,058,229 104,716 3,303,879 1,592,615 445,607 1,575,208 13,080,254 100.00%
================================== =========================================================
10) ASSISTED LIVING FACILITY OCCUPANCY
ALF Revenue
For the Three % of ALF
Number of Months Ended Revenue to
Occupancy Facilities 06/30/02 Total Revenue
---------------------------------------------------------------------
0% to 24.9% -- -- 0.0%
25% to 49.9% 1 113 0.2%
50% to 69.9% 4 281 0.6%
70% to 84.9% 20 2,307 4.8%
85% to 100.0% 32 4,151 8.6%
-----------------------------------------------
57 $ 6,852 14.2%
===============================================
NOTE: Occupancy rates are generally as of March 31, 2002 and revenues are for
the three months ended June 30, 2002.
HEALTHCARE REALTY TRUST
SUPPLEMENTAL DATA REPORT
THREE MONTHS ENDED JUNE 30, 2002 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)
-------------------------------------------------------------
2002 3 1,155 0.66% 0.00
2003 3 2,922 1.66% 0.02
2004 11 7,255 4.13% 0.09
2005 6 2,145 1.22% 0.05
2006 3 1,806 1.03% 0.05
2007 11 6,104 3.48% 0.17
2008 27 20,550 11.70% 0.71
2009 26 20,728 11.81% 0.97
2010 10 7,259 4.13% 0.39
2011 20 20,786 11.84% 1.05
2012 21 14,322 8.16% 1.05
2013 19 16,661 9.49% 1.11
2014 4 3,686 2.10% 0.31
2015 6 4,880 2.78% 0.30
After 2015 12 13,217 7.53% 0.41
Multi-tenant 22 32,103 18.28% 0.90
----------------------------------------------------------
TOTAL 204 $ 175,579 100.00% 7.57
==========================================================
B) MORTGAGES
Weighted
Average
Estimated Percent of Remaining
Number of Annualized Annualized Mortgage
Mortgages Net Revenue Net Revenue Term (Years)
--------------------------------------------------------------
2002 7 2,468 19.85% 0.02
2003 3 456 3.67% 0.03
2004 7 2,330 18.74% 0.44
2005 3 666 5.36% 0.26
2006 1 502 4.04% 0.18
2007 1 1,054 8.48% 0.38
2008 3 1,754 14.11% 0.80
2009 2 1,437 11.56% 0.84
2010 1 956 7.69% 0.68
2011 0 -- 0.00% 0.00
2012 0 -- 0.00% 0.00
2013 1 810 6.51% 0.63
After 2013 0 -- 0.00% 0.00
----------------------------------------------------------
TOTAL 29 $ 12,433 100.00% 4.26
==========================================================
12) CONSTRUCTION IN PROGRESS - AS OF JUNE 30, 2002
Investment Remaining Total
Operator Properties Balance Commitment Real Estate(1)
--------------------------------- -------------------------------------------------------------------
Ephrata Community Hospital 1 8,234 4,968 13,202
Conemaugh Health Systems 1 2,902 -- 2,902
Expansion of existing property 1 6,928 428 7,356
---------------------------------------------------------------
TOTAL 3 $ 18,064 $ 5,396 $ 23,460
===============================================================
Percentage of construction in progress to total investment portfolio: 1.12%
===========
(1) Projected Timing of Conversion to Revenue Producing Assets:
2002 2003
----------------------- -----------------------------------------------------
QTR 3 QTR 4 QTR 1 QTR 2 QTR 3 QTR 4 Total
----------------------- ----------------------------------------------------- -------------
$0 $13,202 $0 $10,258 $0 $0 $23,460
======================= ===================================================== =============
(2) During the three and six months ending June 30, 2002, the
Company capitalized interest in the amount of $333,458.73 and
$639,549.65, respectively.
HEALTHCARE REALTY TRUST
SUPPLEMENTAL DATA REPORT
THREE MONTHS ENDED JUNE 30, 2002 PAGE 8 OF 13
13) LONG-TERM DEBT INFORMATION - AS OF JUNE 30, 2002
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, net 303,767 8.202% See Note (C)
Mortgage Notes Payable 74,015 Range from 7.22% to 7.76% See Note (D)
Other Note Payable 4,083 7.53%
-------------
469,865
-------------
Variable Rate Debt:
Unsecured Credit Facility due 2004 32,500 1.15% over LIBOR See Note (E)
-------------
32,500
-------------
TOTAL $ 502,365
=============
B) FUTURE MATURITIES: 2007
2002 2003 2004 2005 2006 and 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, net (49) (122) (132) (144) (142) 304,356 303,767
Mortgage Notes Payable 1,309 3,571 18,867 3,748 4,032 42,488 74,015
Other Note Payable 583 1,167 1,167 1,166 -- -- 4,083
Variable Rate Debt:
Unsecured Credit Facility
due 2004 -- -- 32,500 -- -- -- 32,500
--------------------------------------------------------------------------------
$ 19,843 $ 4,616 $ 72,702 $ 25,070 $ 33,290 $346,844 $502,365
================================================================================
C) In May 2001, the Company sold $300 million principal amount of
unsecured Senior Notes due May 2011. The notes were priced to
yield 8.202%. The Company also entered into an interest rate
swap agreement with two banks on $125 million of these notes
on which the Company will effectively pay interest at the
equivalent rate of 1.99% over six month LIBOR. 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 wholly 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.
E) In July 2001, the Company entered into a $150 million
Unsecured Credit Facility due 2004 with six banks. The
Unsecured Credit Facility due 2004, matures in July 2004, is
priced at 1.15% over LIBOR, and has a 0.2% facility fee.
F) 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 Ratings 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 JUNE 30, 2002 PAGE 9 OF 13
14) DIVIDEND HISTORY (DOLLARS NOT ROUNDED TO THOUSANDS)
A) COMMON STOCK
Increase
From Prior
Operating Period Payment Date Amount Quarter Annualized
-------------------------------------------------------------------------------------------------------------
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
Fourth Quarter 2001 March 6, 2002 0.590 0.005 2.36
First Quarter 2002 June 6, 2002 0.595 0.005 2.38
Second Quarter 2002 Sept. 5, 2002 0.600 0.005 2.40
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
February 16, 2001 - May 15, 2001 May 31, 2001 0.55469 0.0 2.22
May 16, 2001 - August 15, 2001 Aug. 31, 2001 0.55469 0.0 2.22
August 16, 2001 - November 15, 2001 Nov. 30, 2001 0.55469 0.0 2.22
November 16, 2001 - February 15, 2002 Feb. 28, 2002 0.55469 0.0 2.22
February 16, 2002 - May 15, 2002 May 31, 2002 0.55469 0.0 2.22
May 16, 2002 - August 15, 2002 Aug. 30, 2002 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.
On or after September 30, 2002, the Company, at its option,
may redeem the Preferred Stock, in whole or in part, at any
time or from time to time, at the redemption price of $25.00
per share. The holder of each share of the Preferred Stock has
one vote, together with the holders of common stock on all
matters on which stockholders may vote.
C) INFORMATION REGARDING TAXABLE STATUS OF 2001 CASH
DISTRIBUTIONS
Cash Taxable
Distribution Ordinary Return of
Per Share Dividend Capital
-------------------------------------------
HR COMMON $ 2.310000 $ 1.954022 $ 0.355978
CUSIP # 421946104
HR 8.875% SERIES A PREFERRED $ 2.218760 $ 2.218760 $ --
CUSIP # 421946203
Note: While the taxability of 2002 dividends cannot be determined until
late January 2003, the Company is not aware of any activities that
would cause a substantial change in the taxability of the total 2002
dividend. Therefore, the taxability of the total 2002 dividend should
approximate the taxability of the dividends paid March 7, June 7,
September 6, and December 6, 2001.
HEALTHCARE REALTY TRUST
SUPPLEMENTAL DATA REPORT
THREE MONTHS ENDED JUNE 30, 2002 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 SIX MONTHS
ENDED JUNE 30, ENDED JUNE 30,
--------------------------- ---------------------------
2002 2001 2002 2001
--------------------------- ---------------------------
TOTAL COMMON SHARES OUTSTANDING 41,941,158 40,595,511 41,941,158 40,595,511
=========================== ===========================
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING 41,911,126 40,559,591 41,820,392 40,513,737
Actual Restricted Stock Shares (1,258,980) (838,175) (1,258,980) (838,175)
--------------------------- ---------------------------
DENOMINATOR SHARES FOR BASIC COMMON SHARE EPS AND FFO 40,652,146 39,721,416 40,561,412 39,675,562
Restricted Shares - Treasury 765,027 555,268 782,022 584,591
Dilution for Convertible Debentures 0 173,688 0 175,167
Dilution for Employee Stock Purchase Plan 95,110 116,028 113,259 107,718
--------------------------- ---------------------------
DENOMINATOR SHARES FOR DILUTED COMMON SHARE EPS AND FFO 41,512,283 40,566,400 41,456,693 40,543,038
=========================== ===========================
NOTE: AS OF JUNE 30, 2002, HR HAD APPROXIMATELY 1,732 SHAREHOLDERS OF
RECORD.
16) BENEFICIAL SECURITY OWNERSHIP BY MANAGEMENT AND DIRECTORS AS OF JUNE
30, 2002
OFFICERS Owned Restricted (1) Reserved (2) Options Total
-------- ------------------------------------------------------------------------------
David R. Emery 144,800 (3) 588,680 225,000 0 958,480
Timothy G. Wallace 34,356 308,959 110,000 0 453,315
Roger O. West 4,656 310,735 110,000 0 425,391
Other Officers as a group 24,388 44,215 0 0 68,603
Directors as a group 48,135 2,850 0 0 50,985
---------------------------------------------------------------------------------
TOTAL 256,335 1,255,439 445,000 0 1,956,774
=================================================================================
(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 MARCH 31, 2002
A) Institutional Shares Held: 18,967,562 (Source: Form 13F Filings)
============
B) Number of Institutions: 168
============
C) Percentage of Common Shares Outstanding: 45.26%
============
18) BOOK VALUE PER COMMON SHARE
Total Stockholders' Equity $ 1,003,154
Less: Preferred Stock Liquidation/Redemption Value 75,000
------------
Total Common Stockholders' Equity $ 928,154
Total Common Shares Outstanding 41,941,158
============
Book Value Per Common Share $ 22.13
============
HEALTHCARE REALTY TRUST
SUPPLEMENTAL DATA REPORT
THREE MONTHS ENDED JUNE 30, 2002 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
Mid-America Regional Office
Mid-Atlantic Regional Office
Southern California Regional Office
Texas/Southwest 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
Eric W. Fischer, Senior Vice President / Real Estate
Investments
Scott W. Holmes, Senior Vice President / Financial
Reporting
Fredrick M. Langreck, Senior Vice President / Treasurer
J. D. Carter Steele, Senior Vice President / Asset
Administration
John M. Bryant, Jr., Vice President/Assistant General
Counsel
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 Services
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)
Dan S. Wilford, President and Chief Executive Officer,
Memorial Hermann Healthcare System (Healthcare
Provider Executive)
HEALTHCARE REALTY TRUST
SUPPLEMENTAL DATA REPORT
THREE MONTHS ENDED JUNE 30, 2002 PAGE 12 OF 13
19) OTHER CORPORATE INFORMATION (CONT.)
F) PROFESSIONAL AFFILIATIONS:
INDEPENDENT PUBLIC AUDITORS
Ernst & Young LLP
424 Church Street, Suite 1100
Nashville, TN 37219
TRANSFER AGENT
EquiServe
P.O. Box 43010
Providence, RI 02940-3010
Phone: 781-575-3400
G) DIVIDEND REINVESTMENT PLAN:
Through the Company's transfer agent, 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. For information, write EquiServe,
Shareholder Services, P.O. Box 43010, Providence, RI
02940-3010, or call (781) 575-3400.
H) DIRECT DEPOSIT OF DIVIDENDS:
Direct deposit of dividends is offered as a convenience to
stockholders of record. For information, write EquiServe,
Shareholder Services, P.O. Box 43010, Providence, RI
02940-3010, or call (781) 575-3400.
I) 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
Legg Mason Wood Walker Inc. Jerry 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
J) PROJECTED DATES FOR 2002 DIVIDEND AND EARNINGS PRESS RELEASES:
DIVIDEND EARNINGS
-------- --------
First Quarter 2002 April 24, 2002 April 26, 2002
Second Quarter 2002 July 23, 2002 July 26, 2002
Third Quarter 2002 October 22, 2002 October 25, 2002
Fourth Quarter 2002 January 28, 2003 January 31, 2003
NOTE: A conference call will be scheduled at 9:00 AM CST the
morning of the earnings press release.
K) 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, 2001. 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 JUNE 30, 2002 PAGE 13 OF 13