NEWTON, Mass. (AP) _ Service Properties Trust (SVC) on Thursday reported a key measure of profitability in its second quarter.

The real estate investment trust, based in Newton, Massachusetts, said it had funds from operations of $89.2 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 $11.4 million, or 7 cents per share.

The real estate investment trust, based in Newton, Massachusetts, posted revenue of $515.8 million in the period.

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