| Business Summary | | Realty
Income
Corporation
is
organized
to
operate
as
an
equity
real
estate
investment
trust.
The
Company
is
a
fully
integrated,
self-administered
real
estate
company
with
in-house
acquisition,
leasing,
legal,
retail
and
real
estate
research,
portfolio
management
and
capital
markets
expertise.
As
of
December
31,
2000,
the
Company
owned
a
diversified
portfolio
of
1,068
retail
properties
located
in
46
states
with
over
nine
million
square
feet
of
leasable
space
leased
to
72
different
retail
chains
doing
business
in
23
separate
retail
industries.
Of
the
1,068
properties
in
the
portfolio,
1,063
are
single-tenant
retail
properties
with
the
remainder
being
multi-tenant
properties.
As
of
December
31,
2000,
1,038
(97.6%)
of
the
1,063
single-tenant
properties
were
leased
with
an
average
remaining
lease
term
(excluding
extension
options)
of
approximately
7.8
years. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Realty
Income
Corp
is
a
real
estate
investment
trust
engaged
in
the
acquisition,
leasing,
legal,
retail,
and
real
estate
research,
portfolio
management
and
capital
markets.
For
the
six
months
ended
6/30/01,
revenues
increased
8%
to
$61.5
million.
Net
income
applicable
to
Common
increased
30%
to
$27.1
million.
Revenues
reflect
acquisition
of
properties.
Net
income
also
reflect
an
increase
in
gains
on
sale
of
investment
properties. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| William Clark, 63 Chairman | -- | Thomas Lewis, 48 Vice
Chairman, Pres, CEO | $858K | Gary Malino, 43 CFO,
Exec. VP, Treasurer | 432K | Michael Pfeiffer, 40 Exec.
VP, Gen. Counsel, Sec. | 432K | Kim Kundrak, 44 Sr.
VP of Portfolio Acquisitions | 274K | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|