Sentences with phrase «unconsolidated joint»

HCP owns over 500 senior housing facilities and has interests in over 300 nursing facilities, as well as ownership in many unconsolidated joint ventures.

Not exact matches

The National Association of Real Estate Investment Trusts («NAREIT») defines funds from operations («NAREIT FFO») as net income / (loss) attributable to common shareholders computed in accordance with generally accepted accounting principles in the United States («GAAP»), excluding gains or losses from sales of operating real estate assets and change in control of interests, plus (i) depreciation and amortization of operating properties and (ii) impairment of depreciable real estate and in substance real estate equity investments and (iii) after adjustments for unconsolidated partnerships and joint ventures calculated to reflect NAREIT FFO on the same basis.

[NB: Joint Fuels Terminal acquisition will presumably have no impact, as it's 50 % owned / controlled with Valero Energy & should remain unconsolidated].