Easterly Government Properties, Inc. · NYSE:DEA
Easterly Government Properties — Q3 2015 Earnings Presentation
15 slides from Easterly Government Properties's earnings presentation, Nov 5, 2015
Slide 1: Supplemental Information Package Third Quarter 2015
Supplemental Information Package Third Quarter 2015 Exhibit 99.2
Slide 2: Disclaimers - Forward-looking Statement
Disclaimers Forward-looking Statement We make statements in this Supplemental Information Package that are considered “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, or the Securities Act, and Section 21E of the Securities Exchange Act of 193
Slide 3: Supplemental Definitions
Supplemental Definitions Annualized lease income is defined as the annualized contractual base rent for the last month in a specified period, plus the annualized straight line rent adjustments for the last month in such period and the annualized expense reimbursements earned by us for the last month
Slide 4: Table of Contents
Overview Corporate Information and Analyst Coverage 5 Executive Summary 6 Corporate Financials Balance Sheet 7 Income Statement 8 Net Operating Income 9 EBITDA, FFO and CAD 10 Debt Debt Schedules Debt Maturities Properties Property Overview Tenants Lease Expirations Table of Contents 11 12 13 14 15
Slide 5: Corporate Information and Analyst Coverage
Corporate Information and Analyst Coverage Corporate Information Corporate Headquarters Stock Exchange Listing Information RequestsInvestor Relations 2101 L Street NW New York Stock Exchange Please contact ir@easterlyreit.comEvelyn Infurna Suite 750 or 202-971-9867 to request anICR, Inc. Washington,
Slide 6: Executive Summary
Executive Summary (Unaudited, in thousands except share and per share data) Price of Common Shares Three months ended September 30, 2015 Earnings Three months ended September 30, 2015 Pro forma nine months ended September 30, 2015 High closing price during period 16.20 $ Net income available to East
Slide 7: Balance Sheet
Balance Sheet (Unaudited, in thousands) Debt Schedules (Unaudited, in thousands) Date 42277 Debt Instrument Maturity Date Stated Rate September 30, 2015 Balance September 30, 2015 Percent of Total Indebtedness Debt Inputs Credit Facility Availability Unsecured revolving credit facility ICE - Charles
Slide 8: Income Statement
Income Statement (Unaudited, in thousands, except share and per share data) Debt Schedules (Unaudited, in thousands) Date 42277 Debt Instrument Maturity Date Stated Rate September 30, 2015 Balance September 30, 2015 Percent of Total Indebtedness Debt Inputs Credit Facility Availability Unsecured rev
Slide 9: Net Operating Income
Net Operating Income (Unaudited, in thousands) Debt Schedules (Unaudited, in thousands) Date 42277 Debt Instrument Maturity Date Stated Rate September 30, 2015 Balance September 30, 2015 Percent of Total Indebtedness Debt Inputs Credit Facility Availability Unsecured revolving credit facility ICE -
Slide 10: EBITDA, FFO and CAD
EBITDA, FFO and CAD (Unaudited, in thousands, except share and per share data) Debt Schedules (Unaudited, in thousands) Date 42277 Debt Instrument Maturity Date Stated Rate September 30, 2015 Balance September 30, 2015 Percent of Total Indebtedness Debt Inputs Credit Facility Availability Unsecured
Slide 11: Debt Schedules
Debt Schedules (Unaudited, in thousands) (1)Credit facility has available capacity of $349,833. Debt Schedules (Unaudited, in thousands) Date 42277 Debt Instrument Maturity Date Stated Rate September 30, 2015 Balance September 30, 2015 Percent of Total Indebtedness Debt Inputs Credit Facility Availa
Slide 12: Debt Maturities
Debt Maturities (Unaudited, in thousands) Unsecured Debt Year Scheduled Amortization Balloon Payments Credit Facility Total Percent of Debt Maturing Weighted Average Interest Rate of Maturing Debt 2015 $ 650 $ - $ - $ 650 0.5% 4.1% 2016 2,857 - - 2,857 2.4% 4.1% 2017 2,977 - - 2,977 2.5% 4.1% 2018 3
Slide 13: Property Overview
Property Overview Property Name Location Property Type Tenant Lease Expiration Year Year Built / Renovated Rentable Square Feet Annualized Lease Income Percentage of Total Annualized Lease Income Annualized Lease Income per Leased Square Foot U.S Government Leased Properties IRS - Fresno Fresno, CA
Slide 14: Tenants
Tenants Debt Schedules (Unaudited, in thousands) Date 42277 Debt Instrument Maturity Date Stated Rate September 30, 2015 Balance September 30, 2015 Percent of Total Indebtedness Debt Inputs Credit Facility Availability Unsecured revolving credit facility ICE - Charleston 22,253,318.390000001 Total C
Slide 15: Lease Expirations
Lease Expirations Debt Schedules (Unaudited, in thousands) Date 42277 Debt Instrument Maturity Date Stated Rate September 30, 2015 Balance September 30, 2015 Percent of Total Indebtedness Debt Inputs Credit Facility Availability Unsecured revolving credit facility ICE - Charleston 22,253,318.3900000
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