Cedar Realty Trust (CDR) Tops Q3 FFO by 1c

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Cedar Realty Trust Reports Third Quarter 2016 Results

November 3, 2016 4:02 PM EDT

PORT WASHINGTON, N.Y., Nov. 3, 2016 /PRNewswire/ -- Cedar Realty Trust, Inc. (NYSE: CDR the "Company") today reported results for the third quarter ended September 30, 2016. Net loss attributable to common shareholders was ($0.05) per diluted share compared with net income attributable to common shareholders of $0.03 per diluted share for the comparable 2015 period. Other highlights include:

Highlights

NAREIT-defined funds from operations (FFO) of $0.14 per diluted share Operating funds from operations (Operating FFO) of $0.15 per diluted share Same-property net operating income (NOI) increased 1.2% Signed 39 new and renewal leases for 223,100 square feet Comparable cash-basis... More