As Reported Financials

Source Document Currency Code (in thousands) 2013 Y 12/31/2014 USD 2014 Y 12/31/2015 USD 2015 Y 12/31/2016 USD 2016 Y 6/30/2017 USD 2017 Q2 YTD 6/30/2017 USD
Source Document Currency Code 2013 Y 12/31/2014 USD 2014 Y 12/31/2015 USD 2015 Y 12/31/2016 USD 2016 Y 6/30/2017 USD 2017 Q2 YTD 6/30/2017 USD

Assets

Rental property, net 1,144,455 1,288,873 1,130,266 1,059,272 1,021,168
Assets held-for-sale 106,468 59,717 90,674 13,176 0
Cash and cash equivalents 8,740 13,323 13,527 14,144 14,489
Escrows and reserves 7,673 2,986 2,514 1,419 2,518
Accounts and other receivables, net of allowance for doubtful accounts 12,384 10,587 9,868 6,892 5,621
Accrued straight-line rents, net of allowance for doubtful accounts 29,531 34,226 36,888 42,745 48,134
Notes receivable 54,696 63,679 34,000 NA NA
Investment in affiliates 49,150 47,482 48,223 49,392 41,363
Deferred costs, net 42,311 43,991 36,537 42,712 40,442
Prepaid expenses and other assets 8,261 7,712 6,950 5,389 4,137
Intangible assets, net 38,791 45,884 32,959 25,106 22,622
Total assets 1,502,460 1,618,460 1,442,406 1,260,247 1,200,494

Liabilities

Mortgage loans, net 270,167 305,139 307,769 296,212 271,720
Unsecured term loan, net 300,000 300,000 299,404 299,404 299,462
Unsecured revolving credit facility, net 99,000 205,000 116,865 141,555 73,958
Liabilities held-for-sale 5,541 4,562 1,513 NA NA
Accounts payable and other liabilities 41,296 41,113 47,972 43,904 44,137
Accrued interest 1,663 1,720 1,603 1,537 1,429
Rents received in advance 5,898 7,971 6,003 6,234 6,336
Tenant security deposits 4,861 5,891 4,982 4,982 4,848
Deferred market rent, net 1,522 2,827 2,154 1,792 1,641
Total liabilities 729,948 874,223 788,265 795,620 703,531
Noncontrolling interests in the Operating Partnership 33,221 33,332 28,813 28,244 28,637

Equity

Preferred Shares 160,000 160,000 160,000 NA NA
Common shares 59 59 58 58 59
Additional paid-in capital 911,533 913,282 907,220 913,367 915,758
Noncontrolling interests in a consolidated partnership 781 898 800 NA NA
Accumulated other comprehensive loss (3,836) (3,268) (2,360) (844) (27)
Dividends in excess of accumulated earnings (329,246) (360,066) (440,390) (476,198) (447,464)
Total equity 739,291 710,905 625,328 436,383 468,326
Total liabilities, noncontrolling interests and equity 1,502,460 1,618,460 1,442,406 1,260,247 1,200,494
Data shown on this page is extracted directly from the company’s documents. S&P makes every effort to line up fields, captions and headers that represent the same data over time, despite variations in how the company may report these items in different documents. In certain instances the variation in the company’s presentation over time may be too significant, potentially resulting in repeating and/or disordered items. Despite possible issues with the presentation, S&P, as always, stands by its commitment to the quality of the data.
Contact Information
First Potomac Realty Trust
7600 Wisconsin Avenue
11th Floor
Bethesda, MD 20814
(301) 986-9200



Investor Relations
(301) 244-6200
investorrelations@first-potomac.com


Transfer Agent
American Stock Transfer & Trust Co.
59 Maiden Lane
Plaza Level
New York, NY 10038
(800) 937-5449