Funds from operations for the six months were $77,286, or $0.24 per share, compared with $795,179, or $0.36 per share.
For the second quarter, operating revenues came in at $2.8 million and net income of $715,901 or $0.21 per share, a sizeable increase from the net income of $110,869, or $0.05 a share in the second quarter of 2000.
However, results for the second quarter of this year included operations from the company's Sheridan Plaza at Inverness and Sheridan Center buildings, and the Panorama Falls office building, which was acquired in May 2000.
The second quarter results do not include any operations form the self-storage facilities that AmeriVest sold in the third quarter of 2000 and only two months of operations from the Giltedge office building in Wisconsin, which it sold in June of this year.
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