NEW YORK (AP) _ Getty Realty Corp. (GTY) on Wednesday reported a key measure of profitability in its third quarter.

The New York-based real estate investment trust said it had funds from operations of $25.8 million, or 54 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 net income of $13.3 million, or 27 cents per share.

The real estate investment trust posted revenue of $42 million in the period. Its adjusted revenue was $41.5 million.

Getty Realty expects full-year funds from operations in the range of $2.12 to $2.13 per share.

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