CHICAGO (AP) _ Equity Commonwealth (EQC) on Tuesday reported a key measure of profitability in its third quarter.
The Chicago-based real estate investment trust said it had funds from operations of $25.7 million, or 21 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 net income of $21.9 million, or 18 cents per share.
The office building real estate investment trust posted revenue of $26.7 million in the period.
The company's shares have increased roughly 6% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $31.78, a climb of nearly 6% in the last 12 months.