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ed FFO was up 18% to $0.87 per share. That compared to $0.74 a share a year ago. Some of the things that impacted that growth were same center NOI, which increased 4.6% compared to the second quarter of last year. That statistic does not include straight lining or rent, lease termination revenue or SFAS 141 revenue.This strong increase was driven by increased occupancy, positive re leasing spreads in 2012 that are now rolling through 2013 revenues,
cheap Michael Kors Smooth Outlook Large Coffee Totes and CPI increases on leases. This is the strongest increase we seen since before the recession. It cheap Michael Kors Striped Travel Large Brown Totes obviously well above our previous guidance range of 2.75% to 3.25% and as indicated in our earnings release, this morning we are raising our guidance and an important part of that is an upward revision of same center NOI
cheap Michael Kors Python Continental Large Navy Totes guidance to 3.75% to 4.25% for the year.We had gain on land sales during the quarter of $2.2 million. Those were included in our
cheap Michael Kors Hamilton Saffiano Large Green Totes previously issued guidance. There also significant interest savings during the quarter as our average interest rate went down to 4.3% compared to 4.7%, the second quarter of 2012.There another strong quarter in terms of balance sheet improvement. Our debt to market cap dropped to 41%. Our floating rate debt has been significantly reduced. Today it stands cheap Michael Kors Striped Lock Large Brown Totes at 18% of total debt, compared to 31% of
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