8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): August 1, 2016 (August 1, 2016)

HEALTHCARE TRUST OF AMERICA, INC.

HEALTHCARE TRUST OF AMERICA HOLDINGS, LP

(Exact name of registrant as specified in its charter)

Maryland	001-35568	20-4738467
Delaware	333-190916	20-4738347
(State or other jurisdiction of incorporation)	(Commission File Number)	(I.R.S. Employer Identification No.)
16435 N. Scottsdale Road, Suite 320
Scottsdale, Arizona		85254
(Address of principal executive offices)		(Zip Code)

(480) 998-3478

(Registrant’s telephone number, including area code)

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 2.02 Results of Operations and Financial Condition.

On August 1, 2016, Healthcare Trust of America, Inc. (NYSE: HTA) ( “HTA”) issued a press release announcing its financial results for the quarter and year ended June 30, 2016. HTA also commenced distributing its Supplemental Information for the quarter ended June 30, 2016. The press release and Supplemental Information are attached as Exhibit 99.1 and Exhibit 99.2, respectively, and are incorporated herein by reference. The press release and Supplemental Information are also available on HTA’s website, free of charge, at www.htareit.com.

The information included in this Current Report on Form 8-K, including Exhibit 99.1 and Exhibit 99.2, is deemed “furnished” and not filed under the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and shall not be incorporated by reference into any registration statement or other document filed under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

99.1	Press Release dated August 1, 2016.
99.2	Supplemental Information for the quarter ended June 30, 2016.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrants have duly caused this report to be signed on their behalf by the undersigned hereunto duly authorized.

	Healthcare Trust of America, Inc.
Date: August 1, 2016	By:	/s/ Scott D. Peters
		Name: Scott D. Peters
		Title: Chief Executive Officer, President and Chairman

	Healthcare Trust of America Holdings, LP
	By:	Healthcare Trust of America, Inc.,
		its General Partner
Date: August 1, 2016	By:	/s/ Scott D. Peters
		Name: Scott D. Peters
		Title: Chief Executive Officer, President and Chairman

EX-99.1

Exhibit 99.1

	PRESS RELEASE
	Financial Contact:
	Robert A. Milligan
	Chief Financial Officer
	480.998.3478

HEALTHCARE TRUST OF AMERICA, INC. REPORTS SECOND QUARTER EARNINGS

Scottsdale, Arizona (August 1, 2016) - Healthcare Trust of America, Inc. (NYSE: HTA) (“HTA”) announced results for the three and six months ended June 30, 2016.

Second Quarter 2016 Highlights

Operating

• Net Income Attributable to Common Stockholders: Increased 40.7% to $13.1 million, compared to Q2 2015. Earnings per diluted share increased 28.6% to $0.09 per diluted share, compared to Q2 2015.

• Funds From Operations (“FFO”): As defined by the National Association of Real Estate Investment Trusts (“NAREIT”), increased 9.4% to $53.3 million, compared to Q2 2015. FFO per diluted share was $0.38, consistent with Q2 2015.

• Normalized FFO: Increased 16.3% to $56.5 million, compared toQ2 2015.

• Normalized FFO Per Diluted Share: Increased 5.3% to $0.40 per diluted share, compared to Q2 2015.

• Same-Property Cash Net Operating Income (“NOI”): Increased $1.9 million, or 3.1%, to $65.2 million, compared to Q2 2015. Same-Property rental revenue increased $1.5 million, or 2.0%, to $73.4 million, compared to Q2 2015.

Portfolio

• Investments: During the quarter, HTA invested $273.8 million to acquire medical office buildings totaling approximately 919,000 square feet of gross leasable area (“GLA”) that were 96% leased in our key markets of Columbus, Ohio; Dallas, Texas; and Hartford, Connecticut, and strategically expanded our presence into two new markets of Birmingham, Alabama and Portland, Oregon.

• Dispositions: In June 2016, HTA completed the disposition of four senior care facilities located in Texas for an aggregate gross sales price of $26.5 million (approximately 155,000 square feet of GLA), generating a gain of $4.2 million. These assets were acquired in 2008. At the time of the sale, HTA had achieved an average annual yield of 9.5%.

• Leasing: During the quarter, HTA entered into new and renewal leases on approximately 528,000 square feet of GLA, or 3.1% of its portfolio. Quarter-to-date, renewal leases included tenant improvements of $0.86 per square foot per year of the lease term and approximately two days of free rent per year of the lease term. Tenant retention for the Same-Property portfolio was 87% by GLA for the quarter.

Balance Sheet and Capital Markets

• Balance Sheet: At the end of the quarter, HTA had total leverage of 26.2% measured as debt to capitalization, and 5.5x measured as debt to Adjusted Earnings Before Interest, Taxes, Depreciation and Amortization. Total liquidity at the end of the quarter was $591.6 million, including $583.5 million of availability under its unsecured revolving credit facility and $8.1 million of cash and cash equivalents.

• Equity: During the quarter, HTA issued $272.5 million of equity comprised of $171.9 million from the sale of common stock in an underwritten public offering at an average price of $28.75 per share, $70.8 million from the issuance of Class A Operating Partnership Units in connection with an acquisition transaction, and $29.8 million from the sale of common stock under the ATM at an average price of $29.75 per share.

Year-to-Date 2016 Highlights

Operating

• Net Income Attributable to Common Stockholders: Increased 42.5% to $22.9 million, compared to year-to-date 2015. Earnings per diluted share increased 30.8% to $0.17 per diluted share, compared to year-to-date 2015.

• FFO: As defined by NAREIT, increased 9.7% to $100.7 million, compared to year-to-date 2015. FFO per diluted share increased 2.8% to $0.74 per diluted share, compared to year-to-date 2015.

• Normalized FFO: Increased 14.1% to $108.6 million, compared toyear-to-date 2015.

• Normalized FFO Per Diluted Share: Increased 6.7% to $0.80 per diluted share, compared to year-to-date 2015.

• Same-Property Cash NOI: Increased $3.9 million, or 3.1%, to $129.0 million, compared to year-to-date 2015. Same-Property rental revenue increased $3.0 million, or 2.1%, to $145.4 million, compared to year-to-date 2015.

Portfolio

• Investments: Year-to-date, HTA has completed $435.8 million of investments totaling approximately 1.7 million square feet of GLA that were 94% leased as of the date of acquisition.

• Leasing: Year-to-date, HTA entered into new and renewal leases on approximately 783,000 square feet of GLA, or 4.6% of its portfolio. Year-to-date, renewal leases included tenant improvements of $1.04 per square foot per year of the lease term and approximately three days of free rent per year of the lease term. Tenant retention for the Same-Property portfolio was 85% by GLA year-to-date.

• Leased Rate: At the end of the quarter, the leased rate by GLA was 92.2%, an increase from 91.7% as of June 30, 2015. For the Same-Property portfolio the leased rate increased 40 basis points to 92.7% by GLA, compared to June 30, 2015.

Capital Markets

• Equity: Year-to-date, HTA issued $365.6 million of equity comprised of $171.9 million from the sale of common stock in an underwritten public offering at an average price of $28.75 per share, $70.8 million from the issuance of Class A Operating Partnership Units in connection with an acquisition transaction, and $122.9 million from the sale of common stock under the ATM at an average price of $27.82 per share.

Subsequent Events

• Debt: In July 2016, HTA issued $350.0 million of senior unsecured 10-year notes, with a coupon of 3.50% per annum. HTA intends to use the net proceeds of the offering to repay a portion of the outstanding indebtedness under the revolving credit and term loan facility and for general corporate purposes, including, without limitation, working capital and investment in real estate.

• Dividends: On August 1, 2016, HTA’s Board of Directors approved a 1.7% increase to the Company’s quarterly cash dividend of $0.30 per common share, from $0.295 per common share. The new dividend will be paid on October 7, 2016 to stockholders of record for its common stock on October 3, 2016. The dividend represents an annualized rate of $1.20 per share.

Financial Results

Rental Income

Rental income increased 14.0% to $113.1 million for the three months ended June 30, 2016, compared to $99.2 million for the three months ended June 30, 2015.

Net Income

Net income for the three months ended June 30, 2016, was $13.5 million, compared to $9.5 million for the three months ended June 30, 2015.

FFO

FFO, as defined by NAREIT, was $0.38 per diluted share, or $53.3 million, for the three months ended June 30, 2016, compared to $0.38 per diluted share, or $48.7 million, for the three months ended June 30, 2015.

Normalized FFO

Normalized FFO was $0.40 per diluted share, or $56.5 million, for the three months ended June 30, 2016, compared to $0.38 per diluted share, or $48.5 million, for the three months ended June 30, 2015.

Normalized FAD

Normalized Funds Available for Distribution (“Normalized FAD”) increased 12.6% to $50.1 million, for the three months ended June 30, 2016, compared to $44.4 million for the three months ended June 30, 2015.

NOI

NOI was $78.2 million for the three months ended June 30, 2016, compared to $70.1 million for the three months ended June 30, 2015.

Same-Property Cash NOI

Same-Property Cash NOI increased $1.9 million, or 3.1%, to $65.2 million, for the three months ended June 30, 2016, compared to $63.3 million for the three months ended June 30, 2015. Same-Property rental revenue increased $1.5 million, or 2.0%, to $73.4 million, for the three months ended June 30, 2016, compared to the three months ended June 30, 2015.

General and Administrative Expenses

General and administrative expenses were $6.8 million for the three months ended June 30, 2016, compared to $6.2 million for the three months ended June 30, 2015.

Interest Expense and Change in Fair Value of Derivative Financial Instruments

The total interest expense and change in fair value of derivative financial instruments for the three months ended June 30, 2016, was $15.3 million, which included $14.6 million of interest expense related to debt and interest rate swaps, and a net loss of $0.7 million on the change in the fair value of HTA’s derivative financial instruments.

HTA ended the quarter with a weighted average interest rate of 3.25% per annum, including the impact of interest rate swaps. The weighted average remaining term of the debt portfolio was 4.4 years, including extension options.

Balance Sheet

As of June 30, 2016, HTA had total assets of $3.5 billion, cash and cash equivalents of $8.1 million, and $583.5 million available under its unsecured revolving credit facility (includes the impact of $5.5 million of outstanding letters of credit). The leverage ratio of debt to capitalization was 26.2% as of June 30, 2016.

Leased Rate, Occupancy Rate and Tenant Retention

The leased rate (includes leases which have been executed, but which have not yet commenced) was 92.2% by GLA as of June 30, 2016, an increase from 91.7% as of June 30, 2015. The occupancy rate of HTA’s portfolio was 91.6% by GLA as of June 30, 2016, an increase from 91.1% as of June 30, 2015. Tenant retention for the Same-Property portfolio was 87% by GLA for the quarter.

Credit Rated Tenants

Investment grade rated tenants as a percent of annualized base rent was 43% as of June 30, 2016. Additionally, 59% of HTA’s annualized base rent as of June 30, 2016 was derived from tenants that have (or whose parent companies have) a credit rating from a nationally recognized rating agency.

In-House Property Management and Leasing Platform

As of June 30, 2016, HTA’s in-house property management and leasing platform operated approximately 15.7 million square feet of GLA, or 92% of HTA’s total portfolio.

About Healthcare Trust of America, Inc.

Healthcare Trust of America, Inc. (NYSE: HTA) is the largest dedicated owner and operator of medical office buildings (“MOBs”) in the United States, based on gross leasable area (“GLA”). We provide the real estate infrastructure for the integrated delivery of healthcare services in highly desirable locations. Over the last decade, we have invested $4.0 billion primarily in MOBs and other healthcare assets comprising 17.0 million square feet of GLA. Our investments are targeted in 20 to 25 key markets that we believe have superior healthcare demographics that support strong, long-term demand for medical office space. We have achieved, and continue to achieve, critical mass within these key markets by expanding our presence through accretive acquisitions, and utilizing our in-house operating expertise through our regionally located property management and leasing platform.

Founded in 2006 and listed on the New York Stock Exchange in 2012, HTA has produced attractive returns for its stockholders that we believe have significantly outperformed the S&P 500 and US REIT indices. More information about HTA can be found on the Company’s website at www.htareit.com.

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 and in adverse ways from those expressed or implied by such forward-looking statements. These risks, uncertainties and contingencies include, without limitation, 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 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 and adversely affect our financial results, include, without limitation, the risks described under Part I, Item 1A - Risk Factors, in our Annual Report on Form 10-K and in our other filings with the SEC.

Conference Call

HTA will host a conference call and webcast on Tuesday, August 2, 2016 at 11:00 a.m. Eastern Time (8:00 a.m. Pacific Time) to review its financial performance and operating results for the three and six months ended June 30, 2016.

Conference Call and Webcast Details:

Domestic Dial-In Number: (877) 507-6265

International Dial-In Number: (412) 902-6633

Canada Dial-In Number: (855) 669-9657

Webcast: www.htareit.com under the Investor Relations tab

Replay Conference Call Details:

Domestic Dial-In Number: (877) 344-7529

International Dial-In Number: (412) 317-0088

Canada Dial-In Number: (855) 669-9658

Conference ID: 10088845

Available August 2, 2016 (one hour after the end of the conference call) to September 5, 2016 at 11:00 a.m. Eastern Time

Supplemental Information

Supplemental financial data are available on the company’s website at www.htareit.com.

HEALTHCARE TRUST OF AMERICA, INC.

CONDENSED CONSOLIDATED BALANCE SHEETS

(In thousands, except share data)

(Unaudited)

	June 30, 2016			December 31, 2015
ASSETS
Real estate investments:
Land	$	357,602		$	303,706
Building and improvements	3,240,979			2,901,157
Lease intangibles	459,490			430,749
	4,058,071			3,635,612
Accumulated depreciation and amortization	(741,186		)	(676,144		)
Real estate investments, net	3,316,885			2,959,468
Cash and cash equivalents	8,148			13,070
Restricted cash and escrow deposits	16,268			15,892
Receivables and other assets, net	145,851			141,703
Other intangibles, net	45,137			42,167
Total assets	$	3,532,289		$	3,172,300
LIABILITIES AND EQUITY
Liabilities:
Debt	$	1,631,642		$	1,590,696
Accounts payable and accrued liabilities	90,123			94,933
Derivative financial instruments - interest rate swaps	5,393			2,370
Security deposits, prepaid rent and other liabilities	46,241			46,295
Intangible liabilities, net	37,226			26,611
Total liabilities	1,810,625			1,760,905
Commitments and contingencies
Redeemable noncontrolling interests	9,462			4,437
Equity:
Preferred stock, $0.01 par value; 200,000,000 shares authorized; none issued and outstanding	—			—
Class A common stock, $0.01 par value; 1,000,000,000 shares authorized; 137,752,741 and 127,026,839 shares issued and outstanding as of June 30, 2016 and December 31, 2015, respectively	1,378			1,270
Additional paid-in capital	2,625,269			2,328,806
Cumulative dividends in excess of earnings	(1,006,888		)	(950,652		)
Total stockholders’ equity	1,619,759			1,379,424
Noncontrolling interests	92,443			27,534
Total equity	1,712,202			1,406,958
Total liabilities and equity	$	3,532,289		$	3,172,300

HEALTHCARE TRUST OF AMERICA, INC.

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

(In thousands, except per share data)

(Unaudited)

	Three Months Ended June 30,						Six Months Ended June 30,
	2016			2015			2016			2015
Revenues:
Rental income	$	113,144		$	99,243		$	220,394		$	197,695
Interest and other operating income	90			68			155			136
Total revenues	113,234			99,311			220,549			197,831
Expenses:
Rental	35,061			29,237			68,414			59,934
General and administrative	6,813			6,224			13,586			12,799
Acquisition-related	2,062			1,101			3,875			2,458
Depreciation and amortization	44,738			38,066			82,566			74,661
Impairment	—			1,655			—			1,655
Total expenses	88,674			76,283			168,441			151,507
Income before other income (expense)	24,560			23,028			52,108			46,324
Interest expense:
Interest related to derivative financial instruments	(659		)	(820		)	(1,304		)	(1,375		)
(Loss) gain on change in fair value of derivative financial instruments, net	(658		)	1,314			(3,450		)	(696		)
Total interest related to derivative financial instruments, including net change in fair value of derivative financial instruments	(1,317		)	494			(4,754		)	(2,071		)
Interest related to debt	(13,989		)	(14,159		)	(28,117		)	(27,963		)
Gain on sale of real estate, net	4,212			—			4,212			—
(Loss) gain on extinguishment of debt, net	(22		)	121			(22		)	121
Other income	72			4			125			19
Net income	$	13,516		$	9,488		$	23,552		$	16,430
Net income attributable to noncontrolling interests	(442		)	(196		)	(618		)	(334		)
Net income attributable to common stockholders	$	13,074		$	9,292		$	22,934		$	16,096
Earnings per common share - basic:
Net income attributable to common stockholders	$	0.10		$	0.07		$	0.17		$	0.13
Earnings per common share - diluted:
Net income attributable to common stockholders	$	0.09		$	0.07		$	0.17		$	0.13
Weighted average common shares outstanding:
Basic	136,528			125,194			132,932			125,184
Diluted	140,512			127,124			135,876			127,114

HEALTHCARE TRUST OF AMERICA, INC.

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

(In thousands)

(Unaudited)

	Six Months Ended June 30,
	2016			2015
Cash flows from operating activities:
Net income	$	23,552		$	16,430
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation, amortization and other	81,362			72,905
Share-based compensation expense	3,033			3,104
Bad debt expense	386			289
Gain on sale of real estate, net	(4,212		)	—
Impairment	—			1,655
Loss (gain) onextinguishment of debt, net	22			(121		)
Change in fair value of derivative financial instruments	3,450			696
Changes in operating assets and liabilities:
Receivables and other assets, net	(667		)	(3,885		)
Accounts payable and accrued liabilities	(5,983		)	(12,024		)
Prepaid rent and other liabilities	(4,543		)	8,117
Net cash provided by operating activities	96,400			87,166
Cash flows from investing activities:
Investments in real estate	(336,760		)	(224,345		)
Proceeds from the sale of real estate	23,368			—
Capital expenditures	(21,826		)	(13,131		)
Restricted cash, escrow deposits and other assets	(426		)	4,550
Net cash used in investing activities	(335,644		)	(232,926		)
Cash flows from financing activities:
Borrowings on unsecured revolving credit facility	336,000			361,000
Payments on unsecured revolving credit facility	(293,000		)	(167,000		)
Borrowings on unsecured term loans	—			100,000
Payments on secured real estate term loan and mortgage loans	(22,791		)	(67,171		)
Deferred financing costs	—			(276		)
Security deposits	765			183
Proceeds from issuance of common stock	292,984			—
Repurchase and cancellation of common stock	(2,287		)	(1,298		)
Dividends paid	(76,018		)	(72,584		)
Distributions paid to noncontrolling interest of limited partners	(1,331		)	(930		)
Net cash provided by financing activities	234,322			151,924
Net change in cash and cash equivalents	(4,922		)	6,164
Cash and cash equivalents - beginning of period	13,070			10,413
Cash and cash equivalents - end of period	$	8,148		$	16,577

HEALTHCARE TRUST OF AMERICA, INC.

NOI, CASH NOI AND SAME-PROPERTY CASH NOI

(In thousands)

(Unaudited)

	Three Months Ended June 30,						Six Months Ended June 30,
	2016			2015			2016			2015
Net income	$	13,516		$	9,488		$	23,552		$	16,430
General and administrative expenses	6,813			6,224			13,586			12,799
Acquisition-related expenses	2,062			1,101			3,875			2,458
Depreciation and amortization expense	44,738			38,066			82,566			74,661
Impairment	—			1,655			—			1,655
Interest expense and net change in fair value of derivative financial instruments	15,306			13,665			32,871			30,034
Gain on sale of real estate, net	(4,212		)	—			(4,212		)	—
Loss (gain) on extinguishment of debt, net	22			(121		)	22			(121		)
Other income	(72		)	(4		)	(125		)	(19		)
NOI	$	78,173		$	70,074		$	152,135		$	137,897
NOI percentage growth	11.6		%				10.3		%
NOI	$	78,173		$	70,074		$	152,135		$	137,897
Straight-line rent adjustments, net	(1,024		)	(2,066		)	(2,475		)	(4,085		)
Amortization of below and above market leases/leasehold interests, net	87			572			520			1,152
Lease termination fees	(10		)	—			(26		)	(11		)
Cash NOI	$	77,226		$	68,580		$	150,154		$	134,953
Non Same-Property Cash NOI	(11,977		)	(5,270		)	(21,123		)	(9,775		)
Same-Property Cash NOI (1)	$	65,249		$	63,310		$	129,031		$	125,178
Same-Property Cash NOI percentage growth	3.1		%				3.1		%
(1) Same-Property includes 280 and 278 buildings for the three and six months ended June 30, 2016 and 2015.

NOI is a non-GAAP financial measure that is defined as net income or loss (computed in accordance with GAAP) before: (i) general and administrative expenses; (ii) acquisition-related expenses; (iii) depreciation and amortization expense; (iv) impairment; (v) interest expense and net change in fair value of derivative financial instruments; (vi) gain or loss on sales of real estate; (vii) gain or loss on extinguishment of debt; and (viii) other income or expense. 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 the management of its properties. Additionally, HTA believes that NOI is a widely accepted measure of comparative operating performance of real estate investment trusts (“REITs”). However, HTA’s use of the term NOI may not be comparable to that of other REITs as they may have different methodologies for computing this amount. NOI should not be considered as an alternative to net income or loss (computed in accordance with GAAP) as an indicator of our financial performance. NOI should be reviewed in connection with other GAAP measurements.

Cash NOI is a non-GAAP financial measure which excludes from NOI: (i) straight-line rent adjustments; (ii) amortization of below and above market leases/leasehold interests; and (iii) lease termination fees. Contractual base rent, contractual rent increases, contractual rent concessions and changes in occupancy or lease rates upon commencement and expiration of leases are a primary driver of HTA’s revenue performance. HTA believes that Cash NOI, which removes the impact of straight-line rent adjustments, provides another measurement of the operating performance of its operating assets. Additionally, HTA believes that Cash NOI is a widely accepted measure of comparative operating performance of REITs. However, HTA’s use of the term Cash NOI may not be comparable to that of other REITs as they may have different methodologies for computing this amount. Cash NOI should not be considered as an alternative to net income or loss (computed in accordance with GAAP) as an indicator of our financial performance. Cash NOI should be reviewed in connection with other GAAP measurements.

To facilitate the comparison of Cash NOI between periods, HTA calculates comparable amounts for a subset of its owned properties referred to as “Same-Property”. Same-Property Cash NOI excludes properties which have not been owned and operated by HTA during the entire span of all periods presented, excluding properties intended for disposition in the near term, notes receivable interest income and certain non-routine items. Same-Property Cash NOI should not be considered as an alternative to net income or loss (computed in accordance with GAAP) as an indicator of our financial performance. Same-Property Cash NOI should be reviewed in connection with other GAAP measurements.

HEALTHCARE TRUST OF AMERICA, INC.

FFO, NORMALIZED FFO AND NORMALIZED FAD

(In thousands, except per share data)

(Unaudited)

	Three Months Ended June 30,						Six Months Ended June 30,
	2016			2015			2016			2015
Net income attributable to common stockholders	$	13,074		$	9,292		$	22,934		$	16,096
Depreciation and amortization expense related to investments in real estate	44,411			37,752			81,932			74,032
Gain on sale of real estate, net	(4,212		)	—			(4,212		)	—
Impairment	—			1,655			—			1,655
FFO attributable to common stockholders	$	53,273		$	48,699		$	100,654		$	91,783
Acquisition-related expenses	2,062			1,101			3,875			2,458
Loss (gain) on change in fair value of derivative financial instruments, net	658			(1,314		)	3,450			696
Loss (gain) on extinguishment of debt, net	22			(121		)	22			(121		)
Noncontrolling income from partnership units included in diluted shares	446			172			591			277
Other normalizing items, net	—			—			(16		)	89
Normalized FFO attributable to common stockholders	$	56,461		$	48,537		$	108,576		$	95,182
Other income	(72		)	(4		)	(125		)	(19		)
Non-cash compensation expense	1,230			1,190			3,033			3,104
Straight-line rent adjustments, net	(1,024		)	(2,066		)	(2,475		)	(4,085		)
Amortization of below and above market leases/leasehold interests and corporate assets, net	413			572			1,153			1,152
Deferred revenue - tenant improvement related	(7		)	(140		)	(7		)	(269		)
Amortization of deferred financing costs and debt discount/premium, net	776			804			1,493			1,743
Recurring capital expenditures, tenant improvements and leasing commissions	(7,716		)	(4,447		)	(12,984		)	(8,056		)
Normalized FAD attributable to common stockholders	$	50,061		$	44,446		$	98,664		$	88,752
Net income attributable to common stockholders per diluted share	$	0.09		$	0.07		$	0.17		$	0.13
FFO adjustments per diluted share, net	0.29			0.31			0.57			0.59
FFO attributable to common stockholders per diluted share	$	0.38		$	0.38		$	0.74		$	0.72
Normalized FFO adjustments per diluted share, net	0.02			0.00			0.06			0.03
Normalized FFO attributable to common stockholders per diluted share	$	0.40		$	0.38		$	0.80		$	0.75
Weighted average diluted common shares outstanding	140,512			127,124			135,876			127,114

HTA computes FFO in accordance with the current standards established by NAREIT. NAREIT defines FFO as net income or loss attributable to common stockholders (computed in accordance with GAAP), excluding gains or losses from sales of real estate property and impairment write-downs of depreciable assets, plus depreciation and amortization related to investments in real estate, and after adjustments for unconsolidated partnerships and joint ventures. HTA presents this non-GAAP financial measure because it considers it an important supplemental measure of its operating performance and believes it is frequently used by securities analysts, investors and other interested parties in the evaluation of REITs. Historical cost accounting assumes that the value of real estate assets diminishes ratably over time. Since real estate values have historically risen or fallen based on market conditions, many industry investors have considered the presentation of operating results for real estate companies that use historical cost accounting to be insufficient by themselves. Because FFO excludes depreciation and amortization unique to real estate, among other items, it provides a perspective not immediately apparent from net income or loss attributable to common stockholders.

HTA computes Normalized FFO, which excludes from FFO: (i) acquisition-related expenses; (ii) gain or loss on change in fair value of derivative financial instruments; (iii) gain or loss on extinguishment of debt; (iv) noncontrolling income or loss from partnership units included in diluted shares; and (v) other normalizing items, which include items that are unusual and infrequent in nature. HTA presents this non-GAAP financial measure because it allows for the comparison of our operating performance to other REITs and between periods on a consistent basis. HTA’s methodology for calculating Normalized FFO may be different from the methods utilized by other REITs and, accordingly, may not be comparable to other REITs. Normalized FFO should not be considered as an alternative to net income or loss attributable to common stockholders (computed in accordance with GAAP) as an indicator of our financial performance, nor is it indicative of cash available to fund cash needs. Normalized FFO should be reviewed in connection with other GAAP measurements.

HTA also computes Normalized FAD, which excludes from Normalized FFO: (i) other income or expense; (ii) non-cash compensation expense; (iii) straight-line rent adjustments; (iv) amortization of below and above market leases/leasehold interests and corporate assets; (v) deferred revenue - tenant improvement related; (vi) amortization of deferred financing costs and debt premium/discount; and (vii) recurring capital expenditures, tenant improvements and leasing commissions. HTA believes this non-GAAP financial measure provides a meaningful supplemental measure of our operating performance. Normalized FAD should not be considered as an alternative to net income or loss attributable to common stockholders (computed in accordance with GAAP) as an indicator of our financial performance, nor is it indicative of cash available to fund cash needs. Normalized FAD should be reviewed in connection with other GAAP measurements.

EX-99.2

99.1 2Q 2016 Supplemental Information Exhibit 99.2

Company Overview Company Information 3 Second Quarter and Year-to-Date Highlights 4 Financial Highlights 5 Company Snapshot 6 Financial Information FFO, Normalized FFO, Normalized FAD and Adjusted EBITDA 7 Capitalization, Interest Expense and Covenants 8 Debt Composition and Maturity Schedule 9 Portfolio Information Investment Activity 10 Regional Portfolio Distribution and Key Markets and Top 75 MSA Concentration 11 Same-Property Performance and NOI 12 Portfolio Diversification by Type, Historical Campus Proximity and Ownership Interests 13 Tenant Lease Expirations and Historical Leased Rate 14 Key Health System Relationships and In-House Property Management and Leasing 15 Health System Relationship Highlights 16 Financial Statements Condensed Consolidated Balance Sheets 17 Condensed Consolidated Statements of Operations 18 Condensed Consolidated Statements of Cash Flows 19 Reporting Definitions 20 Forward-Looking Statements: Certain statements contained in this report constitute forward-looking statements within the meaning of the safe harbor from civil liability provided for such statements by the Private Securities Litigation Reform Act of 1995 (set forth in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, or the Exchange Act). Such statements include, in particular, statements about our plans, strategies, prospects and estimates regarding future medical office building market performance. Additionally, such statements are subject to certain risks and uncertainties, as well as known and unknown risks, which could cause actual results to differ materially and in adverse ways from those projected or anticipated. Therefore, such statements are not intended to be a guarantee of our performance in future periods. Forward-looking statements are generally identifiable by the use of such terms as “expect,” “project,” “may,” “should,” “could,” “would,” “intend,” “plan,” “anticipate,” “estimate,” “believe,” “continue,” “opinion,” “predict,” “potential,” “pro forma” or the negative of such terms and other comparable terminology. Readers are cautioned not to place undue reliance on these forward-looking statements. We cannot guarantee the accuracy of any such forward-looking statements contained in this report, and we do not intend to publicly update or revise any forward- looking statements, whether as a result of new information, future events, or otherwise, except as required by law. Any such forward-looking statements reflect our current views about future events, are subject to unknown risks, uncertainties, and other factors, and are based on a number of assumptions involving judgments with respect to, among other things, future economic, competitive and market conditions, all of which are difficult or impossible to predict accurately. To the extent that our assumptions differ from actual results, our ability to meet such forward-looking statements, including our ability to generate positive cash flow from operations, provide dividends to stockholders, and maintain the value of our real estate properties, may be significantly hindered. Forward-looking statements express expectations of future events. All forward-looking statements are inherently uncertain as they are based on various expectations and assumptions concerning future events and they are subject to numerous known and unknown risks and uncertainties that could cause actual events or results to differ materially from those projected. Due to these inherent uncertainties, our stockholders are urged not to place undue reliance on forward-looking statements. Forward-looking statements speak only as of the date made. In addition, we undertake no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to projections over time, except as required by law. These risks and uncertainties should be considered in evaluating forward-looking statements and undue reliance should not be placed on such statements. Additional information concerning us and our business, including additional factors that could materially affect our financial results, is included herein and in our other filings with the SEC. Table of Contents 2Q 2016 I Supplemental Information Healthcare Trust of America, Inc. I 2

Company Information Healthcare Trust of America, Inc. (NYSE: HTA) is the largest dedicated owner and operator of medical office buildings (“MOBs”) in the United States, based on gross leasable area (“GLA”). We provide the real estate infrastructure for the integrated delivery of healthcare services in highly desirable locations. Over the last decade, we have invested $4.0 billion primarily in MOBs and other healthcare assets comprising 17.0 million square feet of GLA. Our investments are targeted in 20 to 25 key markets that we believe have superior healthcare demographics that support strong, long-term demand for medical office space. We have achieved, and continue to achieve, critical mass within these key markets by expanding our presence through accretive acquisitions, and utilizing our in-house operating expertise through our regionally located property management and leasing platform. Founded in 2006 and listed on the New York Stock Exchange in 2012, HTA has produced attractive returns for its stockholders that we believe have significantly outperformed the S&P 500 and US REIT indices. More information about HTA can be found on the Company’s website at www.htareit.com. Company Overview Executive Management Scott D. Peters I Chairman, Chief Executive Officer and President Robert A. Milligan I Chief Financial Officer, Secretary and Treasurer Mark D. Engstrom I Executive Vice President - Acquisitions Amanda L. Houghton I Executive Vice President - Asset Management Contact Information Corporate Headquarters Healthcare Trust of America, Inc. I NYSE: HTA 16435 North Scottsdale Road, Suite 320 Scottsdale, Arizona 85254 480.998.3478 www.htareit.com Investor Relations Robert A. Milligan I Chief Financial Officer, Secretary and Treasurer Mary C. Jensen I Vice President - Capital Markets 16435 North Scottsdale Road, Suite 320 Scottsdale, Arizona 85254 480.998.3478 info@htareit.com Transfer Agent Computershare P.O. Box 30170 College Station, Texas 77842-3170 888.801.0107 2Q 2016 I Supplemental Information Healthcare Trust of America, Inc. I 3

(1) Refer to page 20 for the reporting definitions of NOI, Adjusted EBITDA, FFO, Normalized FFO and Normalized FAD. (2) Refer to page 12 for a reconciliation of GAAP Net Income to NOI. (3) Refer to page 7 for a reconciliation of GAAP Net Income to Adjusted EBITDA. (4) Refer to page 7 for a reconciliation of GAAP Net Income Attributable to Common Stockholders to FFO, Normalized FFO and FAD. (5) Calculated as the increase in Same-Property Cash NOI for the quarter as compared to the same period in the previous year. (6) Calculated as EBITDA divided by interest expense (excluding change in fair market value of derivatives) and scheduled principal payments. (7) For the periods 2Q15 and 3Q15, amounts have been adjusted to reflect the retrospective presentation of the early adoption of ASU 2015-03 and 2015-15 as of December 31, 2015. (8) Calculated as the common stock price on the last trading day of the period multiplied by the total diluted common shares outstanding at the end of the period, plus total debt outstanding at the end of the period. Refer to page 8 for details. Financial Highlights (unaudited and dollars in thousands, except per share data) Three Months Ended 2Q16 1Q16 4Q15 3Q15 2Q15 INCOME ITEMS Revenues $ 113,234 $ 107,315 $ 102,049 $ 103,942 $ 99,311 NOl (1)(2) 78,173 73,962 71,514 71,021 70,074 Adjusted EBITDA (1)(3) 294,256 279,916 267,476 265,024 267,072 FFO (1)(4) 53,273 47,381 49,924 46,499 48,699 Normalized FFO (1)(4) 56,461 52,115 50,737 50,001 48,537 Normalized FAD (1)(4) 50,061 48,603 44,889 44,683 44,446 Net income attributable to common stockholders per diluted share $ 0.09 $ 0.08 $ 0.08 $ 0.05 $ 0.07 FFO per diluted share 0.38 0.36 0.39 0.36 0.38 Normalized FFO per diluted share 0.40 0.40 0.39 0.39 0.38 Same-Property Cash NOI growth (5) 3.1% 3.0% 3.1% 3.1% 3.0% Fixed charge coverage ratio (6) 4.06x 3.85x 3.84x 3.77x 3.61x As of 2Q16 1Q16 4Q15 3Q15 2Q15 ASSETS Gross real estate investments $ 4,058,071 $ 3,806,206 $ 3,635,612 $ 3,600,705 $ 3,606,922 Total assets (7) 3,532,289 3,310,519 3,172,300 3,170,712 3,208,757 CAPITALIZATION Total debt (7) $ 1,631,642 $ 1,667,320 $ 1,590,696 $ 1,567,091 $ 1,629,676 Total capitalization (7)(8) 6,227,027 5,565,352 5,068,666 4,728,097 4,674,296 Total debt/capitalization (7) 26.2% 30.0% 31.4% 33.1% 34.9% Company Overview 2Q 2016 I Supplemental Information Healthcare Trust of America, Inc. I 5

Second Quarter Highlights Operating • Net Income Attributable to Common Stockholders: Increased 40.7% to $13.1 million, compared to Q2 2015. Earnings per diluted share increased 28.6% to $0.09 per diluted share, compared to Q2 2015. • Funds From Operations (“FFO”): As defined by the National Association of Real Estate Investment Trusts (“NAREIT”), increased 9.4% to $53.3 million, compared to Q2 2015. FFO per diluted share was $0.38, consistent with Q2 2015. • Normalized FFO: Increased 16.3% to $56.5 million, compared to Q2 2015. • Normalized FFO Per Diluted Share: Increased 5.3% to $0.40 per diluted share, compared to Q2 2015. • Same-Property Cash Net Operating Income (“NOI”): Increased $1.9 million, or 3.1%, to $65.2 million, compared to Q2 2015. Same-Property rental revenue increased $1.5 million, or 2.0%, to $73.4 million, compared to Q2 2015. Portfolio • Investments: During the quarter, HTA invested $273.8 million to acquire medical office buildings totaling approximately 919,000 square feet of gross leasable area (“GLA”) that were 96% leased in our key markets of Columbus, Ohio; Dallas, Texas; and Hartford, Connecticut, and strategically expanded our presence into two new markets of Birmingham, Alabama and Portland, Oregon. • Dispositions: In June 2016, HTA completed the disposition of four senior care facilities located in Texas for an aggregate gross sales price of $26.5 million (approximately 155,000 square feet of GLA), generating a gain of $4.2 million. These assets were acquired in 2008. At the time of the sale, HTA had achieved an average annual yield of 9.5%. • Leasing: During the quarter, HTA entered into new and renewal leases on approximately 528,000 square feet of GLA, or 3.1% of its portfolio. Quarter-to-date, renewal leases included tenant improvements of $0.86 per square foot per year of the lease term and approximately two days of free rent per year of the lease term. Tenant retention for the Same-Property portfolio was 87% by GLA for the quarter. Balance Sheet and Capital Markets • Balance Sheet: At the end of the quarter, HTA had total leverage of 26.2% measured as debt to capitalization, and 5.5x measured as debt to Adjusted Earnings Before Interest, Taxes, Depreciation and Amortization (“ Adjusted EBITDA”). Total liquidity at the end of the quarter was $591.6 million, including $583.5 million of availability under its unsecured revolving credit facility and $8.1 million of cash and cash equivalents. • Equity: During the quarter, HTA issued $272.5 million of equity comprised of $171.9 million from the sale of common stock in an underwritten public offering at an average price of $28.75 per share, $70.8 million from the issuance of Class A Operating Partnership Units in connection with an acquisition transaction, and $29.8 million from the sale of common stock under the ATM at an average price of $29.75 per share. Year-to-Date Highlights Operating • Net Income Attributable to Common Stockholders: Increased 42.5% to $22.9 million, compared to year-to-date 2015. Earnings per diluted share increased 30.8% to $0.17 per diluted share, compared to year-to-date 2015. • FFO: As defined by NAREIT, increased 9.7% to $100.7 million, compared to year-to-date 2015. FFO per diluted share increased 2.8% to $0.74 per diluted share, compared to year-to-date 2015. • Normalized FFO: Increased 14.1% to $108.6 million, compared to year-to-date 2015. • Normalized FFO Per Diluted Share: Increased 6.7% to $0.80 per diluted share, compared to year-to-date 2015. • Same-Property Cash NOI: Increased $3.9 million, or 3.1%, to $129.0 million, compared to year-to-date 2015. Same-Property rental revenue increased $3.0 million, or 2.1%, to $145.4 million, compared to year-to-date 2015. Portfolio • Investments: Year-to-date, HTA has completed $435.8 million of investments totaling approximately 1.7 million square feet of GLA that were 94% leased as of the date of acquisition. • Leasing: Year-to-date, HTA entered into new and renewal leases on approximately 783,000 square feet of GLA, or 4.6% of its portfolio. Year-to-date, renewal leases included tenant improvements of $1.04 per square foot per year of the lease term and approximately three days of free rent per year of the lease term. Tenant retention for the Same-Property portfolio was 85% by GLA year-to-date. • Leased Rate: At the end of the quarter, the leased rate by GLA was 92.2%, an increase from 91.7% as of June 30, 2015. For the Same-Property portfolio the leased rate increased 40 basis points to 92.7% by GLA, compared to June 30, 2015. Capital Markets • Equity: Year-to-date, HTA issued $365.6 million of equity comprised of $171.9 million from the sale of common stock in an underwritten public offering at an average price of $28.75 per share, $70.8 million from the issuance of Class A Operating Partnership Units in connection with an acquisition transaction, and $122.9 million from the sale of common stock under the ATM at an average price of $27.82 per share. Company Overview 2Q 2016 I Supplemental Information Healthcare Trust of America, Inc. I 4

Investments in Real Estate (1) $ 4.0 Total portfolio GLA (2) 17.0 Leased rate 92.2% Same-Property portfolio tenant retention rate (YTD) 85% % of GLA on-campus/aligned 97% % of invested dollars in key markets & top 75 MSAs 92% Investment grade tenants (3) 43% Credit rated tenants (3) 59% Weighted average remaining lease term for all buildings (4) 5.5 Weighted average remaining lease term for single-tenant buildings (4) 7.3 Weighted average remaining lease term for multi-tenant buildings (4) 4.7 Credit ratings (by Moody’s and Standard & Poor’s) Baa2(Stable)/BBB(Stable) Cash and cash equivalents (2) $ 8.1 Debt/capitalization 26.2% Weighted average interest rate per annum on portfolio debt (5) 3.25% Building Type Presence in Top MSAs Company Snapshot (as of June 30, 2016) Company Overview 2Q 2016 I Supplemental Information Healthcare Trust of America, Inc. I 6 (1) Amount represented in billions. (2) Amounts represented in millions. (3) Amounts based on annualized base rent. (4) Amounts presented in years. (5) Includes the impact of interest rate swaps. % of Portfolio (based on GLA) % of Portfolio (based on invested dollars)

FFO, Normalized FFO and Normalized FAD Three Months Ended Six Months Ended 2Q16 2Q15 2Q16 2Q15 Net income attributable to common stockholders $ 13,074 $ 9,292 $ 22,934 $ 16,096 Depreciation and amortization expense related to investments in real estate 44,411 37,752 81,932 74,032 Gain on sale of real estate, net (4,212) — (4,212) — Impairment — 1,655 — 1,655 FFO attributable to common stockholders $ 53,273 $ 48,699 $ 100,654 $ 91,783 Acquisition-related expenses 2,062 1,101 3,875 2,458 Loss (gain) on change in fair value of derivative financial instruments, net 658 (1,314) 3,450 696 Loss (gain) on extinguishment of debt, net 22 (121) 22 (121) Noncontrolling income from partnership units included in diluted shares 446 172 591 277 Other normalizing items, net — — (16) 89 Normalized FFO attributable to common stockholders $ 56,461 $ 48,537 $ 108,576 $ 95,182 Other income (72) (4) (125) (19) Non-cash compensation expense 1,230 1,190 3,033 3,104 Straight-line rent adjustments, net (1,024) (2,066) (2,475) (4,085) Amortization of below and above market leases/leasehold interests and corporate assets, net 413 572 1,153 1,152 Deferred revenue - tenant improvement related (7) (140) (7) (269) Amortization of deferred financing costs and debt discount/premium, net 776 804 1,493 1,743 Recurring capital expenditures, tenant improvements and leasing commissions (7,716) (4,447) (12,984) (8,056) Normalized FAD attributable to common stockholders $ 50,061 $ 44,446 $ 98,664 $ 88,752 Net income attributable to common stockholders per diluted share $ 0.09 $ 0.07 $ 0.17 $ 0.13 FFO adjustments per diluted share, net 0.29 0.31 0.57 0.59 FFO attributable to common stockholders per diluted share $ 0.38 $ 0.38 $ 0.74 $ 0.72 Normalized FFO adjustments per diluted share, net 0.02 0.00 0.06 0.03 Normalized FFO attributable to common stockholders per diluted share $ 0.40 $ 0.38 $ 0.80 $ 0.75 Weighted average diluted common shares outstanding 140,512 127,124 135,876 127,114 Adjusted EBITDA Three Months Ended 2Q16 Net income $ 13,516 Depreciation and amortization expense 44,738 Interest expense and net change in fair value of derivative financial instruments 15,306 EBITDA $ 73,560 Acquisition-related expenses 2,062 Gain on sale of real estate, net (4,212) Non-cash compensation expense 1,230 Pro forma impact of acquisitions 902 Loss on extinguishment of debt, net 22 73,564 Adjusted EBITDA $ 294,256 FFO, Normalized FFO, Normalized FAD and Adjusted EBITDA (unaudited and in thousands, except per share data) Financial Information 2Q 2016 I Supplemental Information Healthcare Trust of America, Inc. I 7

Capitalization Secured mortgages $ 324,599 Unsecured term loans 455,000 Unsecured senior notes 600,000 Unsecured revolving credit facility 261,000 Deferred financing costs, net (7,495) Discount, net (1,462) Total debt $ 1,631,642 Stock price (as of June 30, 2016) $ 32.34 Total diluted common shares outstanding 142,096 Equity capitalization $ 4,595,385 Total capitalization $ 6,227,027 Total undepreciated assets $ 4,273,475 Debt/capitalization 26.2% Debt/undepreciated assets 38.2% Debt/adjusted EBITDA ratio 5.5x Equity - 74% Secured debt - 5% Unsecured debt - 21% Financial Information Capitalization, Interest Expense and Covenants (as of June 30, 2016, dollars and shares in thousands, except stock price) 2Q 2016 I Supplemental Information Healthcare Trust of America, Inc. I 8 Interest Expense Covenants Three Months Ended Six Months Ended 2Q16 2Q15 2Q16 2Q15 Interest related to derivative financial instruments $ 659 $ 820 $ 1,304 $ 1,375 Loss (gain) on change in fair value of derivative financial instruments, net 658 (1,314) 3,450 696 Total interest related to derivative financial instruments, including net change in fair value of derivative financial instruments 1,317 (494) 4,754 2,071 Interest related to debt 13,989 14,159 28,117 27,963 Total interest expense $ 15,306 $ 13,665 $ 32,871 $ 30,034 Interest expense excluding net change in fair value of derivative financial instruments $ 14,648 $ 14,979 $ 29,421 $ 29,338 Bank Loans Required 2Q16 Total leverage ≤ 60% 38% Secured leverage ≤ 30% 7% Fixed charge coverage ≥ 1.50x 4.06x Unencumbered leverage ≤ 60% 36% Unencumbered coverage ≥ 1.75x 6.00x Senior Notes Required 2Q16 Total leverage ≤ 60% 39% Secured leverage ≤ 40% 8% Unencumbered asset coverage ≥ 150% 269% Interest coverage ≥ 1.50x 4.53x

Financial Information Debt Composition and Maturity Schedule (as of June 30, 2016, dollars in thousands) 2Q 2016 I Supplemental Information Healthcare Trust of America, Inc. I 9 Unsecured Revolving Credit Facility due 2020 (1) Secured Mortgages Unsecured Term Loan due 2019 Unsecured Term Loan due 2019 (2) Unsecured Senior Notes due 2021 Unsecured Senior Notes due 2023 Total 2016 $ — $ 30,485 $ — $ — $ — $ — $ 30,485 2017 — 117,409 — — — — 117,409 2018 — 15,246 — — — — 15,246 2019 — 10,135 155,000 300,000 — — 465,135 2020 261,000 49,795 — — — — 310,795 Thereafter — 101,529 — — 300,000 300,000 701,529 Subtotal 261,000 324,599 155,000 300,000 300,000 300,000 1,640,599 Deferred financing costs, net — (537) (644) (1,845) (2,233) (2,236) (7,495) Premiums (discounts), net — 1,835 — — (1,609) (1,688) (1,462) Total $ 261,000 $ 325,897 $ 154,356 $ 298,155 $ 296,158 $ 296,076 $ 1,631,642 Stated rate (3) 1.55% 5.27% 2.20% 1.65% 3.38% 3.70% 3.09% Hedged rate (4) 1.55% 5.58% 2.99% 1.77% 3.38% 3.70% 3.25% Debt Composition (1) Rate does not include the 20 basis points facility fee that is payable on the entire $850 million revolving credit facility. (2) Does not reflect the 1-year extension at the option of the borrower which could extend the term loan to 2020. (3) The stated rate on the debt instrument as of the end of the period. (4) The effective rate incorporates any swap instruments that serve to fix variable rate debt, as of the end of the period. Debt Maturity Schedule Unsecured Revolving Credit Facility due 2020 Unsecured Term Loan due 2019 Unsecured Term Loan due 2019 Unsecured Senior Notes due 2021 Unsecured Senior Notes due 2023 Secured Mortgages $1,000,000 $750,000 $500,000 $250,000 $0 2016 2017 2018 2019 2020 Thereafter $30,485 $117,409 $15,246 $465,135 $310,795 $701,529 (2) (1)

Property Market Date Acquired % Leased at Acquisition Purchase Price GLA Yale One Long Wharf MOB New Haven, CT January 99% $ 73,810 287 Texas MOB Portfolio (7 buildings) Texas (Various) February 86 82,027 483 Charleston MOB Charleston, SC February 100 6,170 22 Hilliard II MOB Columbus, OH April 75 8,450 35 Connecticut MOB Portfolio (26 buildings) Connecticut (Various) April 98 180,286 579 Polaris MOB Columbus, OH April 100 14,600 45 Legacy MOB Portland, OR May 100 7,750 22 Independence MOB Dallas, TX May 90 24,000 72 Simon Williamson MOB Birmingham, AL June 100 27,750 102 Middletown MOB (2 buildings) Hartford, CT June 80 11,000 64 Total $ 435,843 1,711 Portfolio Information Investment Activity (as of June 30, 2016, dollars and GLA in thousands) 2016 Acquisitions Annual Investments (1) 2Q 2016 I Supplemental Information Healthcare Trust of America, Inc. I 10 Dispositions Acquisitions $900,000 $700,000 $500,000 $300,000 $100,000 -$100,000 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 $413,150 $542,976 $455,950 $802,148 $68,314 $294,937 $397,826 $439,530 (1) Excludes real estate notes receivable. (2) Excludes $9.4 million of additional investments which include the expansion of HTA’s Raleigh Medical Center Campus and a corporate office building in Charleston. $271,510 (2) $(35,685) $435,843 Property Location Date Disposed Disposition Price GLA SWLTC Portfolio (4 buildings) Texas (Various) June $ 26,500 155 2016 Dispositions $(26,500) $(82,885)

Region Investment % of Investment Total GLA % of Portfolio Annualized Base Rent % of Annualized Base Rent Southwest $ 1,136,774 28.5% 4,705 27.7% $ 101,832 28.4% Southeast 1,080,244 27.1 4,902 28.8 101,207 28.3 Northeast 1,150,560 28.9 4,420 26.0 99,400 27.8 Northwest 7,750 0.2 22 0.1 514 0.1 Midwest 608,894 15.3 2,966 17.4 54,982 15.4 Total $ 3,984,222 100% 17,015 100% $ 357,935 100% Portfolio Information Regional Portfolio Distribution and Key Markets and Top 75 MSA Concentration (as of June 30, 2016, dollars and GLA in thousands) Regional Portfolio Distribution Key Markets and Top 75 MSA Concentration (1) (1) Key markets are titled as such based on HTA’s concentration in the respective Metropolitan Statistical Area (“MSA”). 2Q 2016 I Supplemental Information Healthcare Trust of America, Inc. I 11 Key Markets Investment % of Investment Total GLA % of Portfolio Annualized Base Rent % of Annualized Base Rent Boston, MA $ 384,900 9.7% 947 5.6% $ 30,059 8.4% Hartford/New Haven, CT 265,095 6.7 934 5.5 19,595 5.5 Dallas, TX 244,778 6.1 730 4.3 20,217 5.6 Houston, TX 196,295 4.9 874 5.1 19,951 5.6 Phoenix, AZ 189,641 4.8 1,018 6.0 19,380 5.4 Albany, NY 179,253 4.5 880 5.2 16,583 4.6 Greenville, SC 179,070 4.5 965 5.7 17,728 5.0 Miami, FL 173,807 4.4 888 5.2 18,375 5.1 Atlanta, GA 156,743 3.9 658 3.9 13,238 3.7 Indianapolis, IN 155,700 3.9 977 5.7 15,090 4.2 Pittsburgh, PA 148,612 3.7 1,094 6.4 20,189 5.6 Tampa, FL 123,593 3.1 383 2.2 8,924 2.5 Denver, CO 111,700 2.8 371 2.2 8,391 2.3 Raleigh, NC 100,260 2.5 434 2.6 9,903 2.8 White Plains, NY 92,750 2.3 276 1.6 6,682 1.9 Charleston, SC 71,271 1.8 275 1.6 5,696 1.6 Columbus, OH 69,850 1.8 288 1.7 4,540 1.3 Orlando, FL 62,300 1.6 289 1.7 6,043 1.7 Honolulu, HI 47,250 1.2 143 0.8 3,768 1.1 Austin, TX 29,250 0.7 84 0.5 2,078 0.6 Top 20 MSAs 2,982,118 74.9 12,508 73.5 266,430 74.5 Additional Top 75 MSAs 675,418 17.0 3,040 17.9 62,167 17.4 Total Key Markets & Top 75 MSAs $ 3,657,536 91.9% 15,548 91.4% $ 328,597 91.9%

Three Months Ended Sequential Year-Over-Year 2Q16 1Q16 2Q15 $ Change % Change $ Change % Change Rental revenue $ 73,407 $ 73,256 $ 71,942 $ 151 0.2% $ 1,465 2.0% Tenant recoveries 18,126 18,954 17,889 (828) (4.4) 237 1.3 Total rental income 91,533 92,210 89,831 (677) (0.7) 1,702 1.9 Expenses 26,284 27,233 26,521 (949) (3.5) (237) (0.9) Same-Property Cash NOI $ 65,249 $ 64,977 $ 63,310 $ 272 0.4% $ 1,939 3.1% As of 2Q16 1Q16 2Q15 Number of buildings 280 280 280 GLA 14,002 14,002 13,982 Leased GLA, end of period 12,975 12,976 12,908 Leased %, end of period 92.7% 92.7% 92.3%  NOI Three Months Ended 2Q16 2Q15 Net income $ 13,516 $ 9,488 General and administrative expenses 6,813 6,224 Acquisition-related expenses 2,062 1,101 Depreciation and amortization expense 44,738 38,066 Impairment — 1,655 Interest expense and net change in fair value of derivative financial instruments 15,306 13,665 Gain on sale of real estate, net (4,212) — Loss (gain) on extinguishment of debt, net 22 (121) Other income (72) (4) NOI $ 78,173 $ 70,074 NOI percentage growth 11.6% NOI $ 78,173 $ 70,074 Straight-line rent adjustments, net (1,024) (2,066) Amortization of below and above market leases/leasehold interests, net 87 572 Lease termination fees (10) — Cash NOI $ 77,226 $ 68,580 Non Same-Property Cash NOI (11,977) (5,270) Same-Property Cash NOI $ 65,249 $ 63,310 Same-Property Cash NOI percentage growth 3.1% 2Q 2016 I Supplemental Information Healthcare Trust of America, Inc. I 12 Portfolio Information Same-Property Performance and NOI (as of June 30, 2016, unaudited and dollars and GLA in thousands) Same-Property Performance

As of 2Q16 1Q16 4Q15 3Q15 2Q15 Off-campus aligned 30% 27% 27% 27% 26% On-campus 67 70 70 70 70 On-campus/aligned 97% 97% 97% 97% 96% Off-campus/non-aligned 3 3 3 3 4 Total 100% 100% 100% 100% 100% Number of Buildings Number of States GLA % of Total GLA Annualized Base Rent % of Annualized Base Rent Medical Office Buildings Single-tenant 76 18 3,802 22.3% $ 78,413 21.9% Multi-tenant 252 26 12,133 71.3 250,381 70.0 Other Healthcare Facilities Hospitals 10 4 655 3.9 23,034 6.4 Senior care 5 2 425 2.5 6,107 1.7 Total 343 31 17,015 100% $ 357,935 100% Number of Buildings Number of States GLA % of Total GLA Annualized Base Rent % of Annualized Base Rent Net-Lease/Gross-Lease Net-lease 221 29 10,701 62.9% $ 233,055 65.1% Gross-lease 122 16 6,314 37.1 124,880 34.9 Total 343 31 17,015 100% $ 357,935 100% (1) Percentages shown as percent of total GLA. Portfolio Information Portfolio Diversification by Type, Historical Campus Proximity and Ownership Interests (as of June 30, 2016, dollars and GLA in thousands) Portfolio Diversification by Type Historical Campus Proximity (1) 2Q 2016 I Supplemental Information Healthcare Trust of America, Inc. I 13 Ownership Interests (1) As of 2Q16 1Q16 4Q15 3Q15 2Q15 Fee simple 68% 68% 68% 68% 68% Leasehold interests 32 32 32 32 32 Total 100% 100% 100% 100% 100%

As of 2Q16 1Q16 4Q15 3Q15 2Q15 Total portfolio leased rate 92.2% 92.1% 92.0% 92.0% 91.7% On-campus/aligned leased rate 92.3% 92.2% 92.1% 92.1% 92.0% Off-campus/non-aligned leased rate 89.4% 88.3% 88.7% 88.4% 83.1% Expiration Number of Expiring Leases Total GLA of Expiring Leases % of GLA of Expiring Leases Annualized Base Rent of Expiring Leases % of Total Annualized Base Rent Month-to-month 142 284 1.8% $ 5,742 1.6% 2016 212 525 3.3 11,470 3.2 2017 440 1,546 9.9 35,330 9.9 2018 376 1,858 11.8 39,349 11.0 2019 334 1,417 9.0 34,010 9.5 2020 275 1,262 8.0 30,634 8.6 2021 325 2,001 12.7 44,511 12.3 2022 144 1,218 7.8 28,380 7.9 2023 92 949 6.1 19,698 5.5 2024 90 1,404 9.0 30,676 8.6 2025 104 590 3.8 12,763 3.6 Thereafter 163 2,627 16.8 65,372 18.3 Total 2,697 15,681 100% $ 357,935 100% 2Q 2016 I Supplemental Information Healthcare Trust of America, Inc. I 14 Portfolio Information Tenant Lease Expirations and Historical Leased Rate (as of June 30, 2016, dollars and GLA in thousands) Tenant Lease Expirations Historical Leased Rate

Health System Weighted Average Remaining Lease Term (2) Credit Rating Total Leased GLA % of Leased GLA Annualized Base Rent % of Annualized Base Rent Highmark-Allegheny Health Network (3) 6 A- 877 5.6% $ 16,414 4.6% Greenville Hospital System 8 A1 798 5.1 15,113 4.2 Tufts Medical Center 11 BBB 252 1.6 9,662 2.7 Hospital Corporation of America 3 BB 367 2.3 9,248 2.6 Steward Health Care System 11 B2 321 2.1 7,904 2.2 Community Health Systems (TN) 2 B2 335 2.1 7,868 2.2 Aurora Health Care 8 A2 277 1.8 6,385 1.8 Boston Medical Center 5 Baa2 87 0.6 4,804 1.3 Rush University Medical Center 4 A1 137 0.9 4,800 1.3 Indiana University Health 2 Aa3 313 2.0 4,586 1.3 Tenet Healthcare 3 B2 186 1.2 4,216 1.2 Deaconess Health System 7 AA- 261 1.7 4,087 1.1 Boston University 5 A1 74 0.5 4,021 1.1 Mercy Health 11 Aa3 112 0.7 3,471 1.0 Community Health Network (IN) 5 A2 187 1.2 3,454 1.0 Banner Health 3 AA- 137 0.9 3,345 0.9 Diagnostic Clinic (BCBS of FL) 14 A+ 117 0.8 3,318 0.9 Total 4,838 31.1% $ 112,696 31.4% * Other notable tenant: Forest Park Medical Center ABR $2.8M (0.8%). As of June 30, 2016, HTA’s in-house property management and leasing platform operated approximately 15.7 million square feet of GLA, or 92%, of HTA’s total portfolio. Portfolio Information Key Health System Relationships and In-House Property Management and Leasing (as of June 30, 2016, dollars and GLA in thousands, except as otherwise noted) Key Health System Relationships (1) In-House Property Management and Leasing (1) The amounts in this table illustrate only direct leases with selected top health systems in the HTA portfolio and is not inclusive of all health system tenants. (2) In years. (3) Credit rating refers to Highmark, Inc. Refer to page 16 for details. 2Q 2016 I Supplemental Information Healthcare Trust of America, Inc. I 15 Key Market Portfolio Property HTA Management Office HTA Regional Headquarter Office

Boston Medical Center (Baa2), located in the historic South End Medical cluster of Boston, Massachusetts, is a private, not-for-profit academic center seeing more than one million patient visits a year. BMC is the primary teaching affiliate for the Boston University’s School of Medicine, and is the busiest trauma and emergency services center in New England. They have initiated a $300 million campus redesign which will include an additional 400,000 SF for inpatient services. As a recognized leader in groundbreaking medical research, BMC received approximately $120 million in 2015 to fund over 500 research and service projects. Community Health Systems, Inc. (B2), headquartered in Franklin, Tennessee, is one of the nation’s leading operators of general acute care hospitals. The organization includes 159 affiliated hospitals in 22 states with approximately 123,000 employees and 20,000 physicians. Affiliated hospitals are dedicated to providing quality healthcare for local residents and contribute to the economic development of their communities. Based on the unique needs of each community served, these hospitals offer a wide range of diagnostic, medical and surgical services in inpatient and outpatient settings. Greenville Health System (A1), located in Greenville, South Carolina, is a public not-for-profit academic healthcare delivery system committed to medical excellence through clinical care, education and research. GHS is a health resource for its community and a leader in transforming the delivery of healthcare for the benefit of people and communities served. The University of South Carolina School of Medicine Greenville is located on GHS’ Greenville Memorial Medical Campus. The medical school is focused on transforming healthcare by training physicians to connect with communities, patients, colleagues and technology in a new, more progressive way. Highmark-Allegheny Health Network (A-), based in Pittsburgh, Pennsylvania, is a diversified healthcare partner that serves members across the United States through its businesses in health insurance, dental insurance, vision care and reinsurance. Highmark is the fourth largest BlueCross and Blue Shield-affiliated company. In 2013, Highmark and West Penn Allegheny combined to create an integrated care delivery model which they believe will preserve an important community asset that provides high-quality, efficient health care for patients. Highmark’s mission is to deliver high quality, accessible, understandable and affordable experiences, outcomes and solutions to their customers. Hospital Corporation of America (BB), based in Nashville, Tennessee, HCA was one of the nation’s first hospital companies. Today, they are a company comprised of locally managed facilities that includes approximately 165 hospitals, 115 freestanding surgery centers in 20 states and England employing approximately 233,000 people. Approximately four to five percent of all inpatient care delivered in the country today is provided by HCA facilities. HCA is committed to the care and improvement of human life and strives to deliver high quality, cost effective healthcare in the communities they serve. Indiana University Health (Aa3), based in Indianapolis, Indiana, is Indiana’s most comprehensive healthcare system. A unique partnership with Indiana University School of Medicine, one of the nation’s leading medical schools, gives patients access to innovative treatments and therapies. IU Health is comprised of hospitals, physicians and allied services dedicated to providing preeminent care throughout Indiana and beyond. Steward Health Care System (B2), located in Boston, Massachusetts, is a community-based accountable care organization and community hospital network with 3,000 physicians, 10 hospital campuses, 24 affiliated urgent care providers, home care, hospice and other services. The system serves more than one million patients annually in over 150 communities in the greater Boston area. Other Steward Health Care entities include Steward Medical Group, Steward Health Care network, and Steward Home Care. Tenet Healthcare System (B2), located in Dallas, Texas, is a leading health care services company. Through its network, Tenet operates 79 hospitals, over 400 outpatient centers and has over 130,000 employees. Across the network, compassionate, quality care is provided to millions of patients through a wide range of services. Tenet is affiliated with Conifer Health Solutions, which helps hospitals, employers and health insurance companies improve the efficiency and performance of their operations and the health of the people they serve. Tufts Medical Center (BBB), located in Boston, Massachusetts, is a 415-bed academic medical center, providing everything from routine and emergency care to treating the most complex diseases and injuries affecting adults and children throughout New England. Tufts Medical Center is the principal teaching hospital for Tufts University School of Medicine, and has consistently been ranked in the top quartile of major academic medical centers in the country by The University Health System Consortium. WellStar Health System (A2), located in Atlanta, Georgia, is a leading not-for-profit health system with over 3,200 beds in the Southeast. Today, the WellStar Health System is comprised of 11 hospitals, eight urgent care centers, 16 satellite diagnostic imaging centers, over 850 medical providers, and over 20,000 employees. With the acquisition of Tenet Healthcare’s five Georgia-based hospitals and a new partnership with West Georgia Health in LaGrange, GA., WellStar becomes the largest health system in Georgia and one of the largest not-for-profit health systems in the country. Portfolio Information Health System Relationship Highlights 2Q 2016 I Supplemental Information Healthcare Trust of America, Inc. I 16

As of 2Q16 4Q15 ASSETS Real estate investments: Land $ 357,602 $ 303,706 Building and improvements 3,240,979 2,901,157 Lease intangibles 459,490 430,749 4,058,071 3,635,612 Accumulated depreciation and amortization (741,186) (676,144) Real estate investments, net 3,316,885 2,959,468 Cash and cash equivalents 8,148 13,070 Restricted cash and escrow deposits 16,268 15,892 Receivables and other assets, net 145,851 141,703 Other intangibles, net 45,137 42,167 Total assets $ 3,532,289 $ 3,172,300 LIABILITIES AND EQUITY Liabilities: Debt $ 1,631,642 $ 1,590,696 Accounts payable and accrued liabilities 90,123 94,933 Derivative financial instruments - interest rate swaps 5,393 2,370 Security deposits, prepaid rent and other liabilities 46,241 46,295 Intangible liabilities, net 37,226 26,611 Total liabilities 1,810,625 1,760,905 Commitments and contingencies Redeemable noncontrolling interests 9,462 4,437 Equity: Preferred stock, $0.01 par value; 200,000,000 shares authorized; none issued and outstanding — — Class A common stock, $0.01 par value; 1,000,000,000 shares authorized; 137,752,741 and 127,026,839 shares issued and outstanding as of June 30, 2016 and December 31, 2015, respectively 1,378 1,270 Additional paid-in capital 2,625,269 2,328,806 Cumulative dividends in excess of earnings (1,006,888) (950,652) Total stockholders’ equity 1,619,759 1,379,424 Noncontrolling interests 92,443 27,534 Total equity 1,712,202 1,406,958 Total liabilities and equity $ 3,532,289 $ 3,172,300 Financial Statements Condensed Consolidated Balance Sheets (unaudited and in thousands, except share data) 2Q 2016 I Supplemental Information Healthcare Trust of America, Inc. I 17

Three Months Ended Six Months Ended 2Q16 2Q15 2Q16 2Q15 Revenues: Rental income $ 113,144 $ 99,243 $ 220,394 $ 197,695 Interest and other operating income 90 68 155 136 Total revenues 113,234 99,311 220,549 197,831 Expenses: Rental 35,061 29,237 68,414 59,934 General and administrative 6,813 6,224 13,586 12,799 Acquisition-related 2,062 1,101 3,875 2,458 Depreciation and amortization 44,738 38,066 82,566 74,661 Impairment — 1,655 — 1,655 Total expenses 88,674 76,283 168,441 151,507 Income before other income (expense) 24,560 23,028 52,108 46,324 Interest expense: Interest related to derivative financial instruments (659) (820) (1,304) (1,375) (Loss) gain on change in fair value of derivative financial instruments, net (658) 1,314 (3,450) (696) Total interest related to derivative financial instruments, including net change in fair value of derivative financial instruments (1,317) 494 (4,754) (2,071) Interest related to debt (13,989) (14,159) (28,117) (27,963) Gain on sale of real estate, net 4,212 — 4,212 — (Loss) gain on extinguishment of debt, net (22) 121 (22) 121 Other income 72 4 125 19 Net income $ 13,516 $ 9,488 $ 23,552 $ 16,430 Net income attributable to noncontrolling interests (442) (196) (618) (334) Net income attributable to common stockholders $ 13,074 $ 9,292 $ 22,934 $ 16,096 Earnings per common share - basic: Net income attributable to common stockholders $ 0.10 $ 0.07 $ 0.17 $ 0.13 Earnings per common share - diluted: Net income attributable to common stockholders $ 0.09 $ 0.07 $ 0.17 $ 0.13 Weighted average common shares outstanding: Basic 136,528 125,194 132,932 125,184 Diluted 140,512 127,124 135,876 127,114 2Q 2016 I Supplemental Information Healthcare Trust of America, Inc. I 18 Financial Statements Condensed Consolidated Statements of Operations (unaudited and in thousands, except per share data)

Six Months Ended 2Q16 2Q15 Cash flows from operating activities: Net income $ 23,552 $ 16,430 Adjustments to reconcile net income to net cash provided by operating activities: Depreciation, amortization and other 81,362 72,905 Share-based compensation expense 3,033 3,104 Bad debt expense 386 289 Gain on sale of real estate, net (4,212) — Impairment — 1,655 Loss (gain) on extinguishment of debt, net 22 (121) Change in fair value of derivative financial instruments 3,450 696 Changes in operating assets and liabilities: Receivables and other assets, net (667) (3,885) Accounts payable and accrued liabilities (5,983) (12,024) Prepaid rent and other liabilities (4,543) 8,117 Net cash provided by operating activities 96,400 87,166 Cash flows from investing activities: Investments in real estate (336,760) (224,345) Proceeds from the sale of real estate 23,368 — Capital expenditures (21,826) (13,131) Restricted cash, escrow deposits and other assets (426) 4,550 Net cash used in investing activities (335,644) (232,926) Cash flows from financing activities: Borrowings on unsecured revolving credit facility 336,000 361,000 Payments on unsecured revolving credit facility (293,000) (167,000) Borrowings on unsecured term loans — 100,000 Payments on secured real estate term loan and mortgage loans (22,791) (67,171) Deferred financing costs — (276) Security deposits 765 183 Proceeds from issuance of common stock 292,984 — Repurchase and cancellation of common stock (2,287) (1,298) Dividends paid (76,018) (72,584) Distributions paid to noncontrolling interest of limited partners (1,331) (930) Net cash provided by financing activities 234,322 151,924 Net change in cash and cash equivalents (4,922) 6,164 Cash and cash equivalents - beginning of period 13,070 10,413 Cash and cash equivalents - end of period $ 8,148 $ 16,577 Financial Statements Condensed Consolidated Statements of Cash Flows (unaudited and in thousands) 2Q 2016 I Supplemental Information Healthcare Trust of America, Inc. I 19

2Q 2016 I Supplemental Information Healthcare Trust of America, Inc. I 20 Reporting Definitions Adjusted Earnings Before Interest, Taxes, Depreciation and Amortization (“Adjusted EBITDA”): Is presented on an assumed annualized basis. We define Adjusted EBITDA for HTA as net income computed in accordance with GAAP plus: (i) depreciation and amortization; (ii) interest expense and net change in the fair value of derivative financial instruments; (iii) acquisition-related expenses; (iv) gain or loss on the sales of real estate; (v) non-cash compensation expense; (vi) pro forma impact of our acquisitions/dispositions; and (vii) other normalizing items. We consider Adjusted EBITDA an important measure because it provides additional information to allow management, investors, and our current and potential creditors to evaluate and compare our core operating results and our ability to service debt. Annualized Base Rent: Annualized base rent is calculated by multiplying contractual base rent for the end of the period by 12 (excluding the impact of abatements, concessions, and straight-line rent).  Cash Net Operating Income (“Cash NOI”):  Cash NOI is a non-GAAP financial measure which excludes from NOI: (i) straight-line rent adjustments; (ii) amortization of below and above market leases/leasehold interests; and (iii) lease termination fees. Contractual base rent, contractual rent increases, contractual rent concessions and changes in occupancy or lease rates upon commencement and expiration of leases are a primary driver of HTA’s revenue performance. HTA believes that Cash NOI, which removes the impact of straight- line rent adjustments, provides another measurement of the operating performance of its operating assets. Additionally, HTA believes that Cash NOI is a widely accepted measure of comparative operating performance of real estate investment trusts (“REITs”). However, HTA’s use of the term Cash NOI may not be comparable to that of other REITs as they may have different methodologies for computing this amount. Cash NOI should not be considered as an alternative to net income or loss (computed in accordance with GAAP) as an indicator of our financial performance. Cash NOI should be reviewed in connection with other GAAP measurements. Credit Ratings: Credit ratings of our tenants or their parent companies. Funds from Operations (“FFO”): HTA computes FFO in accordance with the current standards established by NAREIT. NAREIT defines FFO as net income or loss attributable to common stockholders (computed in accordance with GAAP), excluding gains or losses from sales of real estate property and impairment write-downs of depreciable assets, plus depreciation and amortization related to investments in real estate, and after adjustments for unconsolidated partnerships and joint ventures. HTA presents this non-GAAP financial measure because it considers it an important supplemental measure of its operating performance and believes it is frequently used by securities analysts, investors and other interested parties in the evaluation of REITs. Historical cost accounting assumes that the value of real estate assets diminishes ratably over time. Since real estate values have historically risen or fallen based on market conditions, many industry investors have considered the presentation of operating results for real estate companies that use historical cost accounting to be insufficient by themselves. Because FFO excludes depreciation and amortization unique to real estate, among other items, it provides a perspective not immediately apparent from net income or loss attributable to common stockholders. Gross Leasable Area (“GLA”): Gross leasable area (in square feet). Investments in Real Estate: Based on acquisition price. Leased Rate: Leased rate represents the percentage of total GLA that is leased, including month-to-month leases and leases which have been executed, but which have not yet commenced, as of the date reported. Metropolitan Statistical Area (“MSA”): Is a geographical region with a relatively high population density at its core and close economic ties throughout the area. MSAs are defined by the Office of Management and Budget. Net Operating Income (“NOI”):  NOI is a non-GAAP financial measure that is defined as net income or loss (computed in accordance with GAAP) before: (i) general and administrative expenses; (ii) acquisition-related expenses; (iii) depreciation and amortization expense; (iv) impairment; (v) interest expense and net change in fair value of derivative financial instruments; (vi) gain or loss on sales of real estate; (vii) gain or loss on extinguishment of debt; and (viii) other income or expense. 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 the management of its properties. Additionally, HTA believes that NOI is a widely accepted measure of comparative operating performance of REITs. However, HTA’s use of the term NOI may not be comparable to that of other REITs as they may have different methodologies for computing this amount. NOI should not be considered as an alternative to net income or loss (computed in accordance with GAAP) as an indicator of our financial performance. NOI should be reviewed in connection with other GAAP measurements. Normalized Funds Available for Distribution (“Normalized FAD”): HTA computes Normalized FAD, which excludes from Normalized FFO: (i) other income or expense; (ii) non-cash compensation expense; (iii) straight-line rent adjustments; (iv) amortization of below and above market leases/leasehold interests and corporate assets; (v) deferred revenue - tenant improvement related; (vi) amortization of deferred financing costs and debt premium/discount; and (vii) recurring capital expenditures, tenant improvements and leasing commissions. HTA believes this non-GAAP financial measure provides a meaningful supplemental measure of our operating performance. Normalized FAD should not be considered as an alternative to net income or loss attributable to common stockholders (computed in accordance with GAAP) as an indicator of our financial performance, nor is it indicative of cash available to fund cash needs. Normalized FAD should be reviewed in connection with other GAAP measurements. Normalized Funds From Operations (“Normalized FFO”): HTA computes Normalized FFO, which excludes from FFO: (i) acquisition-related expenses; (ii) gain or loss on change in fair value of derivative financial instruments; (iii) gain or loss on extinguishment of debt; (iv) noncontrolling income or loss from partnership units included in diluted shares; and (v) other normalizing items, which include items that are unusual and infrequent in nature. HTA presents this non-GAAP financial measure because it allows for the comparison of our operating performance to other REITs and between periods on a consistent basis. HTA’s methodology for calculating Normalized FFO may be different from the methods utilized by other REITs and, accordingly, may not be comparable to other REITs. Normalized FFO should not be considered as an alternative to net income or loss attributable to common stockholders (computed in accordance with GAAP) as an indicator of our financial performance, nor is it indicative of cash available to fund cash needs. Normalized FFO should be reviewed in connection with other GAAP measurements. Off-Campus/Non-Aligned:  A building or portfolio that is not located on or adjacent to a healthcare or hospital campus or does not have a majority alignment with a recognized healthcare system. On-Campus/Aligned:  On-campus refers to a property that is located on or adjacent to a healthcare or hospital campus. Aligned refers to a property that is not on a healthcare or hospital campus, but anchored by a healthcare system. Recurring Capital Expenditures, Tenant Improvements and Leasing Commissions: Represents amounts paid for: (i) recurring capital expenditures required to maintain and re-tenant our properties, (ii) second generation tenant improvements; and (iii) leasing commissions paid to secure new tenants. Excludes capital expenditures and tenant improvements for recent acquisitions that were contemplated in the purchase price or closing agreements. Retention:  Tenant Retention is defined as the sum of the total leased GLA of tenants that renewed a lease during the period over the total GLA of leases that renewed or expired during the period. Same-Property Cash Net Operating Income (“Same-Property Cash NOI”): To facilitate the comparison of Cash NOI between periods, HTA calculates comparable amounts for a subset of its owned properties referred to as “Same Property”. Same-Property Cash NOI excludes properties which have not been owned and operated by HTA during the entire span of all periods presented, excluding properties intended for disposition in the near term, notes receivable interest income and certain non-routine items. Same-Property Cash NOI should not be considered as an alternative to net income or loss (computed in accordance with GAAP) as an indicator of our financial performance. Same-Property Cash NOI should be reviewed in connection with other GAAP measurements.