MFFO

AcronymDefinition
MFFOMothers Fighting For Others
MFFOMixed Fighter Force Operations
References in periodicals archive ?
Many of the adjustments in arriving at MFFO are not applicable to us.
The Company believes by excluding expensed acquisition costs, MFFO provides useful supplemental information that is comparable for each type of real estate investment and is consistent with management's analysis of the investing and operating performance of the Company's properties.
FFO AND MFFO FOR THE PERIODS ENDED JUNE 30, 2015 AND 2014 (Unaudited) (In thousands, except per share amounts)
The Company considers FFO and MFFO in evaluating operating performance and believes FFO and MFFO should be considered along with, but not as an alternative to, net income and cash flows as a measure of the Company's activities in accordance with GAAP.
Below is a reconciliation of MFFO to FFO and net income as reported in the Company's second quarter 2012 10-Q:
To view complete details of the Company's performance for the quarter ended June 30, 2012, and to find more information about the Company's MFFO, please refer to the Company's Quarterly Report on Form 10-Q.
We believe that both FFO adjusted for acquisition expenses and MFFO are helpful in assisting management and investors with the assessment of the sustainability of operating performance in future periods and, in particular, after our acquisition stage is complete, because both FFO adjusted for acquisition expenses and MFFO exclude acquisition expenses that affect property operations only in the period in which the property is acquired.
MFFO is not equivalent to our net income or loss as determined under GAAP, and MFFO may not be a useful measure of the impact of long-term operating performance on value if we do not continue to operate with a limited life and targeted exit strategy, as currently intended.
To view complete details of the Company's performance for the quarter ended March 31, 2012, and to find more information about the Company's MFFO, please refer to the Company's Quarterly Report on Form 10-Q.
The Company believes by excluding expensed acquisition costs, FFO adjusted for acquisition expenses and MFFO provide useful supplemental information that is comparable for each type of real estate investment and is consistent with management's analysis of the investing and operating performance of the Company's properties.
However, because real estate values and market lease rates historically rise or fall with market conditions, management believes that by excluding charges relating to amortization of these intangibles, MFFO provides useful supplemental information on the performance of the real estate.
The below table reflects the items deducted or added to net loss in our calculation of FFO and MFFO for the three months ended March 31, 2012.