Retail Properties of America (RPAI) Reports Q4 FFO of $0.22

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Go back to Retail Properties of America (RPAI) Reports Q4 FFO of $0.22

Retail Properties of America, Inc. Reports Fourth Quarter And Full Year 2016 Results

February 14, 2017 4:15 PM EST

OAK BROOK, Ill., Feb. 14, 2017 /PRNewswire/ -- Retail Properties of America, Inc. (NYSE: RPAI) (the "Company") today reported financial and operating results for the quarter and year ended December 31, 2016.

FINANCIAL RESULTSFor the quarter ended December 31, 2016, the Company reported:

Net income attributable to common shareholders of $15.9 million, or $0.07 per share, compared to $0.6 million, or $0.00 per share, for the same period in 2015; Funds from operations (FFO) attributable to common shareholders of $52.9 million, or $0.22 per share, compared to $59.5 million, or $0.25 per share, for the same period in 2015; and... More