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Cogdell Spencer Inc. Message Board

  • PhanManLover PhanManLover May 22, 2009 10:06 AM Flag


    "Now let me discuss guidance for 2009. We are revising our 2009 guidance for FFO Modified, or FFOM excluding impairment charges to be in the range of $0.90 to $0.98 per fully diluted share and unit for 2009. As a reminder, we believe FFOM to be an important supplemental measure of operating performance because it adds back to traditionally defined FFO, the non-cash amortization of non-real estate related intangible assets associated with purchase accounting for the Erdman merger."

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