Easterly Government Properties, Inc.
Real estate investment trust that acquires, develops and manages Class A commercial properties, including facilities leased to government tenants.
From the annual report
We present certain financial information and metrics at Easterly Share, which is calculated on an entity-by-entity basis. At Easterly Share information, which we also refer to as being at share, pro rata, our pro rata share or our share is not, and is not intended to be, a presentation in accordance with accounting principles generally accepted in the United States of America ( GAAP ). We are an internally managed real estate investment trust, or REIT, focused primarily on the acquisition, development and management of Class A commercial properties that are leased to U.S. Government agencies that serve essential functions. We generate approximately 90% of our revenue by leasing our properties to such agencies either directly or through the U.S. General Services Administration ( GSA ). Our objective is to generate attractive risk-adjusted returns for our stockholders over the long term through dividends and capital appreciation. We focus primarily on acquiring, developing and managing U.S. Government-leased properties that are essential to supporting the mission of the tenant agency and strive to be a partner of choice for the U.S. Government, working closely with the tenant agency to meet its needs and objectives. We continue to pursue opportunities to add properties to our portfolio, including acquiring properties leased to state and local governments with strong creditworthiness and other opportunities that directly or indirectly support the mission of select government agencies.
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