W. P. Carey Reports Q4 FFO of $0.90 vs. $0.43

Investment firm W. P. Carey & Co. LLC WPC today reported financial results for the fourth quarter and year-ended December 31, 2010. Funds from operations -- as adjusted (AFFO) for the fourth quarter of 2010 was $36.3 million or $0.90 per diluted share, compared to $33.7 million or $0.83 per diluted share for the fourth quarter of 2009. Total revenues net of reimbursed expenses for the fourth quarter of 2010 were $68.3 million, compared to $48.5 million for the fourth quarter of 2009.