Tuesday, May 22, 2012

Breathing Smog While Pregnant May Worsen Asthma in Offspring

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Abandoned subway station turned into epic marketing stunt for Prometheus

If you've ever seen the?Prometheus movie poster, then you'd probably agree that the big head in it is not something the faint of heart would want to see during a train ride through a dark, subway tunnel. But if you think coming across the giant head in the dark is exciting rather than creepy, you'd love the?marketing stunt pulled by the?Prometheus people in Paris.

As part of a marketing campaign for?Ridley Scott's pseudo-prequel to?Alien, a massive bust was installed in a Parisian subway station that's been deserted for the past 73 years. Blue lights surround the area to add a chilling effect to it all.

Watch?the video above to see what the humongous disembodied head looks like to a train passenger. And while you're at it, check out this?promotional video of the movie shown during the 2012 TED conference.

[Source via?Nerd Approved]

This article was written by Mariella Moon and originally appeared on Tecca

More from Tecca:

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JPMorgan suspends stock repurchase plans

NEW YORK (AP) ? JPMorgan Chase is suspending plans to buy back its own stock, a little over a week after the bank posted a large trading loss.

The largest U.S. bank by assets disclosed the $2 billion trading loss on May 10 in a hastily-called conference call with investors and journalists.

The loss from an ill-timed trade on so-called credit derivatives has rattled investor confidence in JPMorgan Chase, leading to a 20 percent decline in the value of the stock since the disclosure, lopping off $30 billion of market value.

The loss has also hurt the reputation of CEO Jamie Dimon, who has since apologized to investors several times.

"It's an embarrassment, it's a black mark," Dimon said again Monday at a conference organized by Deutsche Bank.

Dimon said JPMorgan will continue to pay its quarterly dividend of 30 cents a share. But it will suspend plans to buy back shares because the bank is preparing for new international regulations that force banks to hold more capital to prepare for economic downturns.

Answering a question by an analyst on what made the company suspend its plans, Dimon said it was in response to regulators' requirements.

He said regulators need large banks like JPMorgan to not only pass the annual stress tests conducted by the U.S. Federal Reserve, but also "to be without stress in a normal environment." That's because regulators want banks to be able to easily comply with new international regulations that go into effect starting next year.

However, the large losses from it's the complex trade would make that difficult.

"We're obviously not going to be making as much money," said Dimon.

Dimon said he would like the bank to be on a "glide path" to be prepared for new regulatory capital requirements. But the level of risk has gone up from the trade, which affects how much capital the bank has to set aside for future losses.

Dimon has been trying to put out fires at the bank after making the announcement. Four days after the announcement the bank announced that Ina Drew, the chief investment officer for the bank and a 30-year veteran of the company who was responsible for the division that handled the trade, would retire.

JPMorgan's was scheduled to buy back $15 billion shares through the end of the first quarter of 2013.

JPMorgan's stock fell 3 percent to close at $32.51 Monday.

Dimon's announcement is an about-face from earlier statements. At a meeting with investors in February, Dimon had said buying back stock helps the company meet regulatory requirements quicker.

"I don't mind the low stock price," Dimon had said then. The bank had bought a lot of stock back in 2011 at $36.

Usually, the bank buys back the shares it issues for employee stock-based incentive awards.

Associated Press

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ASEAN, US talk security amid China stand-off

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Table Tennis Coaching -Pushing Yourself Additional Within the ...

Ping pong is often an entertaining and exciting game, and very best of all, it is actually relatively easy that practically anyone can perform it. However, given that desk tennis is a breeze to play many folks don?t see the should get appropriate instruction for it. This really is okay should you just choose to have some fun hitting the ball once inside an even though, but in case you actually choose to be great in the match, then you definitely actually must get desk tennis education.

Loads of people are hesitant to undertake table tennis training due to the fact it is somewhat uncommon. Many people don?t see it like swimming classes that loads of children genuinely go by way of. But like several activity, table tennis instruction follows a flow of willpower. Right here are some things you?ll need to take into consideration when you program to take desk tennis classes:

1. Frequency -the frequency of your table tennis instruction really depends on you -on what your objective is, how much you may commit, your urge to strengthen, your routine, your spending budget, amongst a lot of other individuals. But commonly, if you want to boost your video game it is best to have at the least one education session every single week, after which one more session to play as well. Training are pointless in the event you don?t follow what you learn. But taking part in an excessive amount of can also be counter effective. You may have to carefully study your routine and spell out how much you could dedicate for the table tennis instruction. Adhere together with the schedule you may have set to make sure that you would be obtaining essentially the most out of your training.

2. Duration of the coaching -how extended you teach is yet another thought. It is actually usually suggested to coach for just an hour to an hour and fifty percent like other kinds of sports activities. For those who go for a longer period than that, your concentration can endure and you may even grow exhausted with the activity instead of loving it.

3. Education style -the variety of lesson truly is determined by your level like a table tennis participant. If you?re a beginner, you?ll want to have an excellent foundation on the strategy for hitting the desk using the ball. This seems to become too simple a task, nevertheless it is the extremely foundation of desk tennis and also a lot of amateur gamers miss out on this one. Desk instruction must be mastered seriously well for other techniques to become discovered. This amount of training decreases the probabilities of the hitting the ball into other instructions.

Once you might be in a position to floor oneself with table coaching you are able to function on the next most important strokes for the training. These incorporate the backhand counterhit, the forehand counterhit, the backhand push, the forehand force, the serve, and the serve return. With out these issues you cannot anticipate to move for the next, intermediate, degree of table tennis taking part in.

You?ll be able to also consist of inside your desk tennis coaching a few of the fun things -the methods with the trade that make table tennis all the extra exciting. This includes the lobbing, smashing, the forehand loop and the backhand loop. Quickly sufficient you are able to mix these strokes as much as give an amazing activity.

4. Mindset -no subject just how much education you take for how lengthy and what sort, you?d not succeed in table tennis if you don?t have the mindset to stick to through. Table tennis is incredibly significantly a psychological activity because it is usually a physical sport. You mind has to become extremely active as every little thing occurs speedily, even quicker than in many other kinds of sports.

The frame of mind is also really substantially crucial in the course of desk tennis education. You?ve got to concentrate on what you might be training for at a specific time. You should set your thoughts to discover the strokes, that you simply are practicing. You ought to also spend attention for your coach or your education companion. You might need to take turns feeding balls to one another and when it is actually your turn be excellent at it as you?d hitting the ball. You can study from all aspects of instruction should you put your mind to it.

Desk tennis training might not truly be that important for many people today. But for those who definitely choose to be excellent within this match, it?s one thing that is certainly inescapable for you personally to go by means of.

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2012 Billboard Music Awards: And the Winners Are...


The outfit Miley Cyrus wore on the Billboard Music Awards may be dominating headlines right now, but a handful of trophies were handed out in Las Vegas tonight, as well.

Among the big winners, as listed below, included: Adele, Justin Bieber and Taylor Swift.

Justin Bieber at Billboard Music Awards

SOCIAL ARTIST
Justin Bieber

SPOTLIGHT AWARD
Katy Perry

TOP NEW ARTIST
Wiz Khalifa

WOMAN OF THE YEAR
Taylor Swift

HOT 100 SONG OF THE YEAR
"Party Rock Anthem” (LMFAO)

TOP DUO OR GROUP
LMFAO

TOP MALE ARTIST
Lil Wayne

R&B ARTIST OF THE YEAR
Chris Brown

MILLENNIUM AWARD
Whitney Houston (accepted by Bobbi Kristina Brown)

BATTLE OF THE BANDS
Patent Pending

TOP ROCK SONG
"Pumped Up Kicks” (Foster the People)

TOP ALTERNATIVE ARTIST
Coldplay

TOP LATIN ARTIST
Shakira

TOP TOURING ACT
U2

TOP COUNTRY ARTIST
Lady Antebellum

TOP COUNTRY ALBUM
Jason Aldean, My Kinda Party

TOP DANCE ARTIST
Lady Gaga

BILLBOARD ICON AWARD
Stevie Wonder

TOP HOT 100 ARTIST
Adele

TOP RAP ARTIST
Lil Wayne

TOP FEMALE ARTIST
Adele

TOP BILLBOARD 200 ARTIST
Adele

TOP ARTIST
Adele

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Wednesday, May 16, 2012

Healthcare Trust of America, Inc. Reports First Quarter 2012 Results ...

SCOTTSDALE, Ariz., May 15, 2012 /PRNewswire/ -- Healthcare Trust of America, Inc. ("HTA") announced results for the three months ended March 31, 2012.

First Quarter 2012 Highlights

  • Measured Growth in Normalized FFO:? Normalized funds from operations, or Normalized FFO, increased $1.8 million, or 6.2%, to $29.9 million, or $0.13 per share, as compared to 2011.
  • Increasing NOI:? Net operating income, or NOI, excluding the impact of lease termination revenue, increased by 6.1%, or $2.8 million, to $48.5 million as compared to 2011.
  • Reduced Rental Expenses:? Rental expenses as a percentage of rental income decreased to 32.5% as compared to 34.5% in 2011.
  • Focused Acquisitions:? We invested in four portfolios which included 16 high quality medical office buildings located on campuses or aligned with three regionally recognized healthcare systems, 13 of which were included in one transaction discussed below.? These healthcare systems are the dominant healthcare systems in these markets and these markets complement our existing portfolio. The aggregate purchase price of these investments for the quarter was $214.2 million and included approximately 1.2 million square feet of GLA with a weighted average occupancy of 99.5%. These investments increased our total portfolio value, based on purchase price, to $2.5 billion and our total portfolio GLA to approximately 12.4 million square feet. As of March 31, 2012, approximately 96% of our portfolio, based on GLA, was located on or adjacent to, or anchored by the campuses of nationally and regionally recognized healthcare systems. Highlights of our investments for the quarter included the following:
    • St. John Providence MOB ? An approximately 203,000 square foot on-campus medical office building located in Novi, Michigan, was acquired for $51.3 million.? The St. John Providence MOB, which was 99% leased as of the date of acquisition, is connected directly to the Providence Park Hospital via an enclosed walkway.? Providence Park Hospital is part of Ascension Health Systems (Moody's Investors Services rated Aa1).
    • Penn Avenue Place - Penn Avenue Place was acquired for $54.0 million and is an eight story, approximately 558,000 square foot, Class A office building located in Pittsburgh, Pennsylvania.? The building was approximately 99.6% occupied as of the date of acquisition and is anchored by Highmark, Inc. (Standard & Poor's Rating Service rated A).? Highmark, Inc., which leases and occupies 92.4% of the building, is one of the largest Blue Cross affiliates in the nation.?
    • Steward Portfolio - Located in Boston, Massachusetts, the Steward Portfolio was acquired for a purchase price of $100.0 million. This portfolio consists of 13 medical office buildings located on the campuses of the Steward Care network.? Steward Health Care System LLC master leased 100% of the GLA, on a triple net basis through 2024.? The buildings total approximately 372,000 square feet.? Steward Health Care System is the largest fully integrated community care organization in New England and is the third largest employer in Massachusetts.
    • Camp Creek MOB - An additional medical office building in our existing portfolio on the Camp Creek campus in Atlanta, Georgia, was acquired for $8.9 million. This building is approximately 30,000 square feet of GLA and is our third building in our Camp Creek portfolio, the original portion of which was acquired in the second quarter of 2010.?
  • Pro Forma Results:? If the above acquisitions were completed on the first day of the quarter, NOI would have been $51.5 million and normalized FFO would have been $31.9 million or $0.14 per share.
  • Credit Rated Tenants:? The acquisitions made during the quarter increased our investment grade rated tenants as a percent of annualized base rent to 39% as of March 31, 2012. This adds further strength to the 56% of our annualized base rent derived from tenants that have (or whose parent companies have) a credit rating from a nationally recognized rating agency.
  • Flexible Balance Sheet:? We had total assets of $2.5 billion, cash and cash equivalents of $35.1 million, and a leverage ratio of indebtedness to undepreciated assets of 30.4%. As of March 31, 2012, we had ample liquidity with $675.0 million available on our new credit facility discussed below.
  • New Unsecured Credit Facility: We entered into a new unsecured credit facility during the quarter.? The new facility replaced our previous credit facility that was to mature in May 2014 and decreased our funded borrowing costs by 60 basis points.? The new credit facility includes an unsecured revolving credit facility of $575.0 million and an unsecured term loan of $300.0 million that expires in 2016 with a one year extension option.? As of March 31, 2012, our $575.0 million credit facility was undrawn and we had $100.0 million available on our $300.0 million term loan.
  • Strong Occupancy & Tenant Retention:? The occupancy rate of our portfolio remains stable at approximately 91% and our tenant retention for the quarter was over 90%.
  • In-House Property Management Platform:? During the quarter we transitioned our South Carolina property portfolios and a significant portion of our Phoenix area portfolios from third party property management companies to our in-house property management platform. We expect to have 58% of our current GLA managed internally by year end.

?

Funds from Operations and Normalized Funds from Operations

HTA defines FFO, a non-GAAP measure, as net income or loss computed in accordance with GAAP, excluding gains or losses from sales of property and impairment write downs of depreciable assets, plus depreciation and amortization, and after adjustments for unconsolidated partnerships and joint ventures. HTA uses normalized funds from operations, or normalized FFO, which excludes from FFO transition charges, acquisition-related expenses, net change in fair value of derivative financial instruments, lease termination fee revenue, escrow settlement revenue, and the write-off of unamortized deferred financing costs or prepayment penalties, to further evaluate how its portfolio might perform after its acquisition stage is complete and the sustainability of its distributions in the future.

FFO or normalized FFO should not be considered as an alternative to net income or to cash flows from operating activities and are not intended to be used as a liquidity measure indicative of cash flow available to fund HTA's cash needs, including its ability to make distributions. FFO and normalized FFO should be reviewed in connection with other GAAP measurements.? For more information on FFO and normalized FFO, please see HTA's Form 10-Q for the three months ended March 31, 2012 as filed with the Securities and Exchange Commission.?

The following is the reconciliation of FFO and normalized FFO to net (loss) income for the three months ended March 31, 2012 and 2011:


Three Months Ended March 31,


2012


2011

Net (loss) income

$ ? ? ? ? ? ?(307,000)


$ ? ? ? ? ? 2,190,000

Depreciation and amortization?

27,357,000


26,750,000

FFO

$ ? ? ? ?27,050,000


$ ? ? ? ? 28,940,000

FFO per share?? basic and diluted

$ ? ? ? ? ? ? ? ? ? ? 0.12


$ ? ? ? ? ? ? ? ? ? ? 0.13

Acquisition-related expenses

2,321,000


1,062,000

Net change in fair value of derivative financial instruments

508,000


(504,000)

Escrow settlement revenue

(350,000)


?

Acceleration of deferred financing costs associated with our former credit facility

415,000


?

Lease termination fee revenue

?


(1,307,000)

Normalized FFO

$ ? ? ? ? 29,944,000


$ ? ? ? 28,191,000

Normalized FFO per share?? basic and diluted

$ ? ? ? ? ? ? ? ? ? ? 0.13


$ ? ? ? ? ? ? ? ? ? 0.13

Weighted average common shares outstanding:




Basic

228,881,454


214,797,450

Diluted

229,606,840


214,996,502

Net Operating Income

NOI is a non-GAAP financial measure that is defined as net income (loss), computed in accordance with GAAP, generated from HTA's total portfolio of properties before interest expense, general and administrative expenses, depreciation, amortization, acquisition-related expenses, and interest and dividend income. HTA believes that NOI provides an accurate measure of the operating performance of its operating assets because NOI excludes certain items that are not associated with management of the properties. Additionally, HTA believes that NOI is a widely accepted measure of comparative operating performance in the real estate community. However, HTA's use of the term NOI may not be comparable to that of other real estate companies as they may have different methodologies for computing this amount.

The following is the reconciliation of net (loss) income to NOI for the three months ended March 31, 2012 and 2011:


?????? Three Months Ended March 31,?????


2012


2011

Net (loss) income

$ ? ? ? ? (307,000)


$ ? ? ? 2,190,000

Add:




General and administrative expenses

8,150,000


7,308,000

Acquisition-related expenses

2,321,000


1,062,000

Depreciation and amortization

27,357,000


26,750,000

Interest expense and change in the fair value of derivative financial instruments

11,033,000


9,842,000

Less:




Interest and dividend income

27,000


118,000

Net operating income

$ ? ? 48,527,000


$ ? ? 47,034,000

Note that all figures are rounded to reflect approximate amounts.? For more information on financial results, please see HTA's Form 10-Q for the three months ended March 31, 2012 as filed with the Securities and Exchange Commission.?

For more information on Healthcare Trust of America, Inc., please visit www.htareit.com.

About Healthcare Trust of America, Inc.

Healthcare Trust of America, Inc. is a fully integrated, self-administered, and internally managed real estate investment trust.? We invest primarily in high-quality medical office buildings in our target markets.? We have acquired high-quality medical office buildings and other facilities that serve the healthcare industry with an aggregate purchase price of approximately $2.5 billion through March 31, 2012.? As of March 31, 2012, our portfolio consisted of 245 medical office buildings and 19 other facilities that serve the healthcare industry, as well as two portfolios of mortgage loans receivable secured by medical office buildings.? Our portfolio is comprised of approximately 12.4 million square feet of GLA, with an occupancy of approximately 91%, including leases we have executed, but which have not yet commenced. Approximately 96% of our portfolio, based on GLA, is located on or aligned with campuses of nationally or regionally recognized healthcare systems. Our portfolio is diversified geographically across 26 states, with no state having more than 11.0% of the total portfolio GLA as of March 31, 2012.

FORWARD-LOOKING LANGUAGE

This press release contains certain forward-looking statements with respect to HTA. Forward-looking statements are statements that are not descriptions of historical facts and include statements regarding management's intentions, beliefs, expectations, plans or predictions of the future, within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Because such statements include risks, uncertainties and contingencies, actual results may differ materially from those expressed or implied by such forward-looking statements. These risks, uncertainties and contingencies include, but are not limited to, the following: changes in economic conditions generally and the real estate market specifically; legislative and regulatory changes, including changes to laws governing the taxation of REITs and changes to laws governing the healthcare industry; the assessment of strategic success of our alternatives, including potential liquidity alternatives; the availability of capital; changes in interest rates; competition in the real estate industry; the supply and demand for operating properties in our proposed market areas; changes in accounting principles generally accepted in the United States of America; policies and guidelines applicable to REITs; the availability of properties to acquire; and the availability of financing.? Additional information concerning us and our business including additional factors that could materially affect our financial results including, but not limited to, the risks described under Part I, Item 1A, Risk Factors, included in our annual report on Form 10-K and in our other filings with the SEC.

?

Healthcare Trust of America, Inc.

CONDENSED CONSOLIDATED BALANCE SHEETS

As of March 31, 2012 and December 31, 2011

(Unaudited)

?


March 31, 2012?????


December?31, 2011?

ASSETS


Real estate investments, net

$ ? ? ?1,973,458,000


$ ? ? ?1,806,471,000

Real estate notes receivable, net

57,431,000


57,459,000

Cash and cash equivalents

35,120,000


69,491,000

Accounts and other receivables, net

12,388,000


12,658,000

Restricted cash and escrow deposits

17,927,000


16,718,000

Identified intangible assets, net

296,731,000


272,390,000

Other assets, net

64,541,000


56,442,000

Total assets

$ ? ? ?2,457,596,000


$ ? ? ?2,291,629,000



LIABILITIES AND EQUITY


Liabilities:




Mortgage and secured real estate term loans payable, net

$ ? ? ? ? 636,466,000


$ ? ? ? ? 639,149,000

Term loan

200,000,000


?

Accounts payable and accrued liabilities

43,244,000


47,801,000

Derivative financial instruments?interest rate swaps

2,270,000


1,792,000

Security deposits, prepaid rent and other liabilities

23,270,000


19,930,000

Identified intangible liabilities, net

12,899,000


11,832,000

Total liabilities

918,149,000


720,504,000





Commitments and contingencies




Redeemable noncontrolling interest of limited partners

3,690,000


3,785,000

Stockholders' Equity:




Preferred stock, $0.01?par value; 200,000,000?shares authorized; none issued and outstanding

?


?

Common stock, $0.01?par value; 1,000,000,000?shares authorized; 229,514,049 and 228,491,312?shares issued and outstanding as of March?31, 2012 and December?31, 2011, respectively

2,295,000


2,284,000

Additional paid-in capital

2,042,528,000


2,032,305,000

Accumulated deficit

(509,066,000)


(467,249,000)

Total stockholders' equity

1,535,757,000


1,567,340,000

Total liabilities and equity

$ ? ? ?2,457,596,000


$ ? ? ?2,291,629,000

?

Healthcare Trust of America, Inc.

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

For the Three Months Ended March 31, 2012 and 2011

(Unaudited)

?


?

???????? Three Months Ended March 31,????????


2012


2011

Revenues:




Rental income

$ ? ? ? ?69,935,000


$ ? ? ? ?69,243,000

Interest income from mortgage notes receivable and other income

1,308,000


1,649,000

Total revenues

71,243,000


70,892,000

Expenses:




Rental expenses

22,716,000


23,858,000

General and administrative expenses

8,150,000


7,308,000

Acquisition-related expenses

2,321,000


1,062,000

Depreciation and amortization

27,357,000


26,750,000

Total expenses

60,544,000


58,978,000

Income before other income (expense)

10,699,000


11,914,000

Other income (expense):




Interest expense (including amortization of deferred financing costs and debt premium/discount):




Interest expense related to mortgage loan payables and credit facility

(10,233,000)


(9,986,000)

Interest expense related to derivative financial instruments? and net change in fair value of derivative financial instruments

(800,000)


144,000

Interest and dividend income

27,000


118,000

Net (loss) income

$ ? ? ? ? ? (307,000)


$ ? ? ? ? ?2,190,000

Less: net income attributable to noncontrolling interest of limited partners

(8,000)


(40,000)

Net (loss) income attributable to controlling interest

$ ? ? ? ? ? (315,000)


$ ? ? ? ? ?2,150,000

Net (loss) income per share attributable to controlling interest on distributed and undistributed earnings?? basic and diluted

$ ? ? ? ? ? ? ? ? ? 0.00


$ ? ? ? ? ? ? ? ? ? ?0.01

Weighted average number of shares outstanding??




Basic

228,881,454


214,797,450

Diluted

228,881,454


214,996,502

?

SOURCE Healthcare Trust of America, Inc.

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