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MCLEAN, Va. (AP) — MCLEAN, Va. (AP) — Gladstone Commercial Corp. (GOOD) on Tuesday reported a key measure of profitability in its second quarter.
The real estate investment trust, based in McLean, Virginia, said it had funds from operations of $14.6 million, or 36 cents per share, in the period.
Funds from operations is a closely watched measure in the REIT industry. It takes net income and adds back items such as depreciation and amortization.
The company said it had a loss of $1.6 million, or 4 cents per share.
The real estate investment trust, based in McLean, Virginia, posted revenue of $37.1 million in the period.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GOOD at https://www.zacks.com/ap/GOOD