Global Net Lease Announces Operating Results For Second Quarter 2018
In calculating AFFO, we exclude certain expenses whichunder GAAP are characterized as operating expenses in determining operating net income.
- In calculating AFFO, we exclude certain expenses whichunder GAAP are characterized as operating expenses in determining operating net income.
- Further, under GAAP, certain contemplated non-cash fair value and other non-cash adjustments are considered operating non-cash adjustments to net income.
- NOI excludes certain components from net income in order to provide results that are more closely related to a property's results of operations.
- We believe that in order to facilitate a clear understanding of our operating results, NOI should be examined in conjunction with net income (loss) as presented in our consolidated financial statements.