SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-Q/A
AMENDMENT NO. 1
[X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
For the quarterly period ended September 30, 1997
OR
[ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
Commission File Number: 001-14162
GLENBOROUGH REALTY TRUST INCORPORATED
(Exact name of registrant as specified in its charter)
Maryland 94-3211970
(State or other jurisdiction (I.R.S. Employer
of incorporation or organization) Identification No.)
400 South El Camino Real,
Suite 1100 San Mateo, California
(415) 343-9300 94402-1708
(Address of principal executive offices (Zip Code)
and telephone number)
Securities registered under Section 12(b) of the Act:
Name of Exchange
Title of each class: on which registered:
Common Stock, $.001 par value New York Stock Exchange
Securities registered pursuant to Section 12(g) of the Act: None
Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the preceding 12 months (or for such shorter period that the registrant was
required to file such reports), and (2) has been subject to such filing
requirements for the past 90 days.
Yes X No___
As of November 10, 1997, 31,474,692 shares of Common Stock ($.001 par value)
were outstanding.
Page 1 of 5
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EXPLANATORY NOTE
The undersigned Registrant hereby amends Item 6 - Exhibits and Reports on Form
8-K of its quarterly report on Form 10-Q for the quarter ended September 30,
1997 for the sole purpose of restating the Financial Data Schedule exhibit. Such
restatement reflects an accounting principle change and is attached hereto as
Exhibit 27.1 and is entitled "Restated Financial Data Schedule".
Page 2 of 5
<PAGE>
Item 6. Exhibits and Reports on Form 8-K
(a) Exhibits:
The Exhibit Index attached hereto is hereby
incorporated by reference to this item.
(b) Reports on Form 8-K:
On July 15, 1997, the Company filed a report on Form 8-K
with respect to the acquisition of the Centerstone
Property.
On July 15, 1997, the Company filed a report on Form 8-K
with respect to the July 1997 Offering.
On July 28, 1997, the Company filed a report on Form 8-K
to provide certain additional ownership and operational
information concerning the Company and the properties
owned or managed by it as of June 30, 1997.
On August 8, 1997, the Company filed a report on Form
8-K/A with respect to the acquisition of the Centerstone
Property.
On September 29, 1997, the Company filed a report on Form
8-K with respect to the acquisition of the T. Rowe Price
Properties and the Advance Properties.
On October 17, 1997, the Company filed a report on Form
8-K/A with respect to the acquisition of the T. Rowe Price
Properties and the Advance Properties.
On October 17, 1997, the Company filed a report on Form
8-K/A with respect to the acquisition of the Citibank Park
Property.
On October 17, 1997, the Company filed a report on Form
8-K to announce funds from operations for the third
quarter of 1997 and to provide certain additional
operational information concerning the Company.
On October 23, 1997, the Company filed a report on Form
8-K with respect to the October 1997 Offering.
On November 7, 1997, the Company filed a report on Form
8-K to provide certain additional ownership and
operational information concerning the Company and the
properties owned or managed by it as of September 30,
1997.
On November 10, 1997, the Company filed a report on Form
8-K with respect to the acquisition of the Copley
Properties.
Page 3 of 5
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SIGNATURES
Pursuant to the requirements of Section l3 or l5(d) of the Securities Exchange
Act of l934, the Registrant has duly caused this report to be signed on its
behalf by the undersigned, thereunto duly authorized.
GLENBOROUGH REALTY TRUST INCORPORATED
By: Glenborough Realty Trust Incorporated,
Date: June 12, 1998 /s/ Andrew Batinovich
Andrew Batinovich
Director, President
and Chief Operating Officer
(Principal Operating Officer)
Date: June 12, 1998 /s/ Terri Garnick
Terri Garnick
Senior Vice President,
Chief Accounting Officer,
Treasurer
(Principal Accounting Officer)
Page 4 of 5
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EXHIBIT INDEX
Exhibit No. Exhibit Title
27.1 Restated Financial Data Schedule
Page 5 of 5
<PAGE>
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<ARTICLE> 5
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 9-MOS
<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-START> JAN-01-1997
<PERIOD-END> SEP-30-1997
<CASH> 2,770
<SECURITIES> 0
<RECEIVABLES> 2,805
<ALLOWANCES> 0
<INVENTORY> 0
<CURRENT-ASSETS> 7,645
<PP&E> 623,829
<DEPRECIATION> 35,185
<TOTAL-ASSETS> 615,976
<CURRENT-LIABILITIES> 121,018
<BONDS> 142,955
0
0
<COMMON> 20
<OTHER-SE> 311,283
<TOTAL-LIABILITY-AND-EQUITY> 615,976
<SALES> 0
<TOTAL-REVENUES> 40,787
<CGS> 0
<TOTAL-COSTS> 11,282
<OTHER-EXPENSES> 11,587
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 6,416
<INCOME-PRETAX> 11,502
<INCOME-TAX> 0
<INCOME-CONTINUING> 11,502
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 11,502
<EPS-PRIMARY> 0.80
<EPS-DILUTED> 0.79
</TABLE>
