Duke Realty Corporation (NYSE:DRE), a real estate investment trust (REIT), reported fourth quarter 2011 FFO (fund from operations) of $62.2 million or 24 cents per share compared with $71.8 million or 28 cents in the year-ago quarter. Fund from operations, a widely used metric to gauge the performance of REITs, is obtained after adding depreciation and amortization and other non-cash expenses to net income.
Excluding certain one-time items, the recurring FFO for the quarter was $78.2 million or 30 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards