UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K/A
CURRENT REPORT
Pursuant To Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of report (Date of earliest event reported): October 1, 2010 (September 30, 2010)
HEALTHCARE REALTY TRUST INCORPORATED
(Exact Name of Registrant as Specified in Charter)
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MARYLAND
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001-11852
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62-1507028 |
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(State or other jurisdiction
of incorporation)
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(Commission File Number)
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(I.R.S. Employer
Identification No.) |
3310 West End Ave. Suite 700 Nashville, Tennessee 37203
(Address of principal executive offices) (Zip Code)
(615) 269-8175
(Registrants telephone number, including area code)
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following provisions (see General
Instruction A.2. below):
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Item 2.06 Material Impairments
This Form 8-K/A amends the Current Report on Form 8-K filed by Healthcare Realty Trust
Incorporated (the Company) on September 17, 2010 regarding the impairment of certain assets of
the Company. Subsequent to the filing of the Form 8-K on September 17, 2010, the Company received
an unsolicited offer to purchase a property that the Company owns in Houston, Texas. The Company
has decided to sell this property and concluded on September 30, 2010 that the carrying value of
the property is not likely to be fully recovered. Accordingly, the Company expects to record an
impairment on this property in the third quarter of approximately $2.8 million to $3.0 million.
When this charge is included with the impairment disclosed on the other five properties in the
September 17, 2010 Form 8-K, the Company expects to record an aggregate impairment in the third
quarter of approximately $7.2 million to $7.7 million. As previously disclosed, the Company also
expects to record a gain on the sale of one property of $4.6 million in the third quarter of 2010.
Item 8.01 Other Events
On September 23, 2010, the Company completed the acquisition of a portfolio of four
medical office buildings located in The Woodlands, Texas for aggregate consideration of
approximately $70 million. These facilities add approximately 273,000 square feet to the Companys
portfolio. With the closing of this transaction, the Company has acquired eight buildings with an
aggregate of approximately 592,500 square feet for a total consideration of approximately $138
million during the third quarter of 2010.