Adjusted Funds From Operations (AFFO): Definition and Calculation
What Are Adjusted Funds From Operations—AFFO? Adjusted funds from operations (AFFO) refers to the financial performance measure primarily used in the analysis of real estate investment trusts (REITs). The AFFO of a REIT, though subject to varying methods of computation, is generally equal to the trust’s funds from operations (FFO) with adjustments made for recurring…