Community Healthcare Trust (CHCT) Misses Q3 FFO by 2c/Share

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Go back to Community Healthcare Trust (CHCT) Misses Q3 FFO by 2c/Share

Community Healthcare Trust Announces Results for the Three Months Ended September 30, 2015

November 12, 2015 5:00 PM EST

FRANKLIN, Tenn., Nov. 12, 2015 /PRNewswire/ -- Community Healthcare Trust Incorporated (NYSE: CHCT) today announced results for the three months ended September 30, 2015.  Normalized FFO for the three months ended September 30, 2015 totaled $0.27 per diluted common share.  The Company reported a net loss for the quarter of approximately $67,000.

Highlights include:

During the third quarter of 2015, the Company acquired three properties for a total purchase price of $13.1 million. The properties, located in three states, total approximately 71,000 square feet and were 93.6% leased upon acquisition. A quarterly common stock dividend of $0.375 per... More