W
heeler Real Estate Investment Trust Inc., based in Virginia Beach, reported its third-quarter funds from operations on Thursday. The real estate investment trust generated $679,000, or $1.75 per share, during the period. This key metric is closely watched in the REIT industry and accounts for net income by adding back depreciation and amortization.

    The company posted a loss of $35.7 million, or $91.99 per share, despite revenue of $24.8 million in the quarter.