However, funds from operations for the second quarter were $1.823 million, or 14 cents per diluted shared, compared with $1.087 million, or 12 cents per diluted share in the second quarter 2002.

This represents a 68% increase in FFO and a 17% increase in FFO per diluted share. The FFO is typically considered one of the most important measures of the financial performance of a REIT.

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