Adjusted Funds from Operations

Adjusted Funds from Operations. Means net income applicable to common shareholders (computed in accordance with GAAP), excluding non-cash interest from development loans and excluding gains or losses from the sale of property, plus depreciation and amortization expenses, plus depreciation and amortization from discontinued operations, and after adjustments for unconsolidated partnerships and joint ventures, income allocated to minority interest applicable to common units, income from discontinued operations allocated to... noncontrolling interest applicable to common units, non-cash amortization of deferred financing costs, amortization of loan discount or premium, non-cash stock expense, straight-line amortization of ground lease expense, non-cash impairment of long-lived assets, non-cash write-off of deferred financing costs in connection with refinancing activity, and acquisition and terminated acquisition costs. View More