ATLANTA--Cousins Properties Incorporated (NYSE:CUZ) today reported its results of operations for the three and nine months ended September 30, 2009. All per share amounts are reported on a diluted basis; basic per share data is included in the Condensed Consolidated Statements of Income accompanying this release.
Funds from Operations Available to Common Stockholders (“FFO”) was $7.3 million, or $0.12 per share, before certain separation and non-cash impairment and valuation charges discussed below for the third quarter of 2009, compared with FFO of $20.9 million, or $0.39 per share, for the third quarter of 2008. FFO was $38.6 million, or $0.70 per share, before such charges for the nine months ended September 30, 2009, compared with $50.9 million, or $0.95 per share, for the same period in 2008.
For a complete copy of the company's news release and financials, please contact James A. Fleming, (top right photo) Executive Vice President and Chief Financial Officer, 404-407-1150, jimfleming@cousinsproperties.com or
Cameron Golden, Director of Investor Relations and Corporate Communications, 404-407-1984
mailto:camerongolden@cousinsproperties.com,%20Web site address: http://www.cousinsproperties.com/
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