Net income allocable to common shareholders was $60.8 million, or $0.36 per diluted common share, compared to $135.5 million, or $0.80 per diluted common share, for the same period in 2009, representing a decrease of $74.7 million, or $0.44 per common share.

Same-store revenue decreased 0.2 percent or $0.8 million in the quarter compared to the same period in 2009, primarily due to a 1.5 percent reduction in realized rent per occupied square foot, offset partially by a 1.1 percent increase in average occupancy.

Cost of operations for the same-store facilities increased 2.2 percent or $2.6 million compared to the same period in 2009.

Net operating income for same-store facilities decreased 1.5 percent or $3.4 million compared to the same period in 2009.

Funds from operations (FFO) were $0.92 per common share on a diluted basis as compared to $1.40 per common share for the same period in 2009, representing a decrease of $0.48 per common share or 34.3 percent.