AFFO Per Share definition
AFFO Per Share means the per share amount obtained by dividing AFFO by Fully Diluted Shares.
AFFO Per Share means AFFO divided by the weighted average shares of Common Stock outstanding, assuming redemption of common units of limited partnership interest of Mack-Cali Realty, L.P. into Common Stock, plus dilutive Common Stock equivalents determined in accordance with U.S. generally accepted accounting principles.
AFFO Per Share means AFFO for a given period divided by the weighted average number of shares of Class A Common Stock outstanding for the same period, adjusted to include the dilutive effect of stock options and restricted stock units.
More Definitions of AFFO Per Share
AFFO Per Share means Adjusted Funds From Operations which shall be computed based on the Company’s Consolidated Statements of Cash Flows, contained in its Annual Report on Form 10-K filed with the SEC, as follows: Net income (loss) from continuing operations, as adjusted for: Plus: Depreciation and amortization Plus: Provision for doubtful accounts Plus: Stock compensation expense Plus (less): Amortization of deferred rents Plus: Amortization of deferred lease incentives Plus: Amortization of deferred financing costs Plus: Amortization of above-market lease intangibles Less: Amortization of below-market lease intangibles Plus: Unrealized loss (gain) on interest rate swap valuation Plus: Amortization of premium (discount) on debt valuation Less: Actual losses from uncollectible accounts, previously reserved Less: (Gains) losses from sales of real estate or other investments Plus: Acquisition fees and due diligence expenses, including abandoned pursuit costs Plus: Merger and acquisition expenses Plus: Non-recurring impairments of real estate investments Plus: Non-recurring impairments of platform investments Plus: Non-recurring (gains) losses from extinguishment or sale of debt or ▇▇▇▇▇▇ Plus: Other non-cash charges Plus: Tax expense (benefits) related to excluded gains (losses) Plus: AFFO for platform/investment management business calculated in the same manner as set forth above Plus: Adjustments for investments in unconsolidated entities and joint ventures1
AFFO Per Share means net income or net loss, computed in accordance with GAAP, excluding depreciation and amortization related to real estate, gain and loss from the sale of certain real estate assets, gain and loss from change in control and impairment write-downs of certain real estate assets and investments in entities when the impairment is directly attributable to decreases in the value of depreciable real estate held by the Company, in each case determined consistently with the standards established by the Board of Governors of NAREIT, as restated in a White Paper approved by the Board of Governors of NAREIT effective December 2018, as amended from time to time, adjusted to exclude merger and transaction costs, costs related to the 2023 proxy contest and settlement costs related to the Blackwells/Related Parties litigation, debt extinguishment costs, fire loss and other costs related to damages at the Company’s properties, further adjusted to exclude unrealized gain and loss on derivative instruments on foreign currency transactions, gain or loss on investments, amortization of above-market and below-market leases intangibles, amortization of deferred financing costs, straight-line rent, and equity-based compensation costs in each case determined in a manner consistent with “Adjusted Funds From Operations” as described and calculated by the Company and included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2024 under the heading “Non-GAAP Financial Measures”, determined on a per-common share basis using the weighted average number of Company common shares outstanding on the applicable date as reflected in the financial statements in the Company’s Annual Report on Form 10-K for the year ended December 31, 2024.
AFFO Per Share means the Company’s Adjusted Funds from Operations per diluted share for the applicable fiscal year, provided the final calculation AFFO per Share shall be approved by the Committee. AFFO per Share shall be computed in a consistent manner from year to year and in accordance with disclosures made by the Company in its SEC filings or applicable supplemental financial data posted on the Company’s website.
AFFO Per Share means Adjusted Funds From Operations attributable to common stockholders per share on a diluted basis, as reported by the Company in its periodic filings with the Securities and Exchange Commission, and “2016 AFFO Per Share” is calculated by multiplying the Company’s AFFO Per Share in Q4 of 2016 by 4. “Leverage Adjustment” To the extent that the Company’s leverage ratio (calculated as net debt divided by total assets as reflected in the Company’s balance sheet (calculated in accordance with GAAP), plus accumulated depreciation (gross assets)) exceeds 50% during any consecutive 12 months or more within the Performance Period (the “Excess Leverage Period”), AFFO Per Share for each quarterly reporting period within the Excess Leverage Period shall be adjusted as follows:
AFFO Per Share means AFFO for a given period divided by the weighted average number of shares of Class A Common Stock outstanding for the same period, adjusted to include the dilutive effect of stock options and restricted stock units.
AFFO Per Share means Adjusted Funds From Operations attributable to common stockholders per share on a diluted basis, as reported by the Company in its periodic filings with the Securities and Exchange Commission, and “2017 AFFO Per Share” is calculated by adding the Company’s quarterly AFFO Per Share for each of the 4 quarters for the year ending December 31, 2017. “Leverage Adjustment” To the extent that the Company’s leverage ratio (calculated as net debt divided by total assets as reflected in the Company’s balance sheet (calculated in accordance with GAAP), plus accumulated depreciation (gross assets)) exceeds 50% during any consecutive 12 months or more within the Performance Period (the “Excess Leverage Period”), AFFO Per Share for each quarterly reporting period within the Excess Leverage Period shall be adjusted as follows:
AFFO Per Share means AFFO divided by the weighted average shares of Common Stock outstanding, assuming redemption of common units of limited partnership interest of ▇▇▇▇-▇▇▇▇ Realty, L.P. into Common Stock, plus dilutive Common Stock equivalents determined in accordance with U.S. generally accepted accounting principles.