ATLANTA (AP) — ATLANTA (AP) — Piedmont Realty Trust, Inc. (PDM) on Monday reported a key measure of profitability in its third quarter.

The Atlanta-based real estate investment trust said it had funds from operations of $50.1 million, or 39 cents per share, in the period.

Funds from operations is a closely watched measure in the REIT industry. It takes net income and adds back items such as depreciation and amortization.

The company said it had a loss of $21 million, or 17 cents per share.

The commercial real estate investment trust, based in Atlanta, posted revenue of $151.2 million in the period.

Piedmont Realty Trust expects full-year funds from operations in the range of $1.55 to $1.57 per share.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PDM at https://www.zacks.com/ap/PDM