(2) Adjusted Funds From Operations ("AFFO") is FFO, excluding, as applicable to the particular period, stock based compensation expense the amortization of debt issuance costs, bond premiums and original issuance discounts other depreciation amortization of land rights accretion on investment in leases, financing receivables non-cash adjustments to financing lease liabilities property transfer tax recoveries impairment charges straight-line rent adjustments losses on debt extinguishment and provision (benefit) for credit losses, net, reduced by capital maintenance expenditures. (1) Funds from Operations ("FFO") is net income, excluding (gains) or losses from dispositions of property, net of tax and real estate depreciation as defined by NAREIT. Net income, per diluted common share and OP units (4)įFO, per diluted common share and OP units (4)ĪFFO, per diluted common share and OP units (4) (NASDAQ: GLPI) (“GLPI” or the “Company”) today announced financial results for the quarter ended September 30, 2023. 26, 2023 (GLOBE NEWSWIRE) - Gaming and Leisure Properties, Inc.
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