##### Table of Contents



UNITED STATES
 SECURITIES AND EXCHANGE
    COMMISSION
 Washington, D.C.
    20549
   FORM 10-Q
   þ

QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934For the quarterly period ended September 30,
    2010Oro

TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934For the transition period from
    
    to   Commission File Number:
    000-53206
   Healthcare Trust of America,
    Inc.
 (Exact name of registrant as
    specified in its charter)
   Maryland(State or other jurisdiction of incorporation or
    organization)

20-4738467(I.R.S. Employer Identification No.)16435 N. Scottsdale Road, Suite 320,
    Scottsdale, Arizona(Address of principal executive offices)

85254(Zip Code)    (480) 998-3478 (Registrants
    telephone number, including area code)
  N/A (Former
    name, former address and former fiscal year, if changed since
    last report)
   þ o
   Regulation S-T
 o o
   Rule 12b-2
  Large accelerated filer

o



Accelerated filer

oNon-accelerated filer

þ

(Do not check if a smaller reporting company)

Smaller reporting company

o
   Indicate by
    check mark whether the registrant is a shell company (as defined
    in
    Rule 12b-2
    of the Exchange Act).
    o Yes þ No




---



##### 



Healthcare
    Trust of America, Inc.
    (A Maryland Corporation)
    TABLE OF CONTENTS
   
  PART I  FINANCIAL
    INFORMATIONItem 1.

Financial Statements


2Condensed Consolidated Balance Sheets as of
    September 30, 2010 (Unaudited) and December 31, 2009
    (Unaudited)


2Condensed Consolidated Statements of Operations
    for the Three and Nine Months Ended September 30, 2010 and
    2009 (Unaudited)


3Condensed Consolidated Statements of Equity for
    the Nine Months Ended September 30, 2010 and 2009
    (Unaudited)


4Condensed Consolidated Statements of Cash Flows
    for the Nine Months Ended September 30, 2010 and 2009
    (Unaudited)


5Notes to Condensed Consolidated Financial
    Statements (Unaudited)


6Item 2.

Managements Discussion and Analysis of
    Financial Condition and Results of Operations


38Item 3.

Quantitative and Qualitative Disclosures About
    Market Risk


57Item 4.

Controls and Procedures


58PART II  OTHER
    INFORMATIONItem 1.

Legal Proceedings


59Item 1A.

Risk Factors


59Item 2.

Unregistered Sales of Equity Securities and Use
    of Proceeds


59Item 3.

Defaults Upon Senior Securities


60Item 4.

Reserved


60Item 5.

Other Information


60Item 6.

Exhibits


60Signatures


61EX-31.1EX-31.2EX-32.1EX-32.2




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##### Table of Contents



PART I 
    FINANCIAL INFORMATION  Item 1.
    Financial
    Statements.  Healthcare
    Trust of America, Inc.CONDENSED CONSOLIDATED BALANCE
    SHEETSAs of September 30, 2010 and
    December 31, 2009
    (Unaudited)
  September 30, 2010


December 31, 2009ASSETSReal estate investments, net

$
1,410,137,000


$
1,149,789,000Real estate notes receivable, net


56,505,000



54,763,000Cash and cash equivalents


221,186,000



219,001,000Accounts and other receivables, net


12,590,000



10,820,000Restricted cash and escrow deposits


24,406,000



14,065,000Identified intangible assets, net


240,303,000



203,222,000Other assets, net


31,780,000



21,875,000Total assets

$
1,996,907,000


$
1,673,535,000LIABILITIES AND EQUITYLiabilities:Mortgage loans payable, net

$
594,428,000


$
540,028,000Accounts payable and accrued liabilities


41,874,000



30,471,000Accounts payable due to former affiliates, net (Note 19)


1,007,000



4,776,000Derivative financial instruments


2,626,000



8,625,000Security deposits, prepaid rent and other liabilities


9,911,000



7,815,000Identified intangible liabilities, net


6,107,000



6,954,000Total liabilities


655,953,000



598,669,000Commitments and contingencies (Note 11)Redeemable noncontrolling interest of limited partners
    (Note 13)


4,049,000



3,549,000Stockholders Equity:Preferred stock, $0.01 par value; 200,000,000 shares
    authorized; none issued and outstanding






Common stock, $0.01 par value; 1,000,000,000 shares
    authorized; 180,683,141 and 140,590,686 shares issued and
    outstanding as of September 30, 2010 and December 31,
    2009, respectively


1,807,000



1,405,000Additional paid-in capital


1,601,485,000



1,251,996,000Accumulated deficit


(266,387,000
)


(182,084,000
)Total stockholders equity


1,336,905,000



1,071,317,000Total liabilities and equity

$
1,996,907,000


$
1,673,535,000    2




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##### Table of Contents



Healthcare
    Trust of America, Inc.CONDENSED CONSOLIDATED STATEMENTS
    OF OPERATIONSFor the Three and Nine Months Ended
    September 30, 2010 and 2009
    (Unaudited)
  Three Months Ended September 30,


Nine Months Ended September 30,2010


2009


2010


2009Revenues:Rental income

$
50,847,000


$
30,886,000


$
139,640,000


$
89,914,000Interest income from mortgage notes receivable and other income


1,649,000



862,000



5,937,000



2,128,000Total revenues


52,496,000



31,748,000



145,577,000



92,042,000Expenses:Rental expenses


17,837,000



10,494,000



47,587,000



32,854,000General and administrative


5,096,000



3,979,000



12,781,000



9,072,000Asset management fees to former advisor (Note 12)






1,196,000







3,783,000Acquisition-related expenses (Note 3)


1,019,000



5,920,000



6,845,000



9,100,000Depreciation and amortization


19,854,000



13,287,000



55,767,000



39,231,000Total expenses


43,806,000



34,876,000



122,980,000



94,040,000Income before other income (expense)


8,690,000



(3,128,000
)


22,597,000



(1,998,000
)Other income (expense):Interest expense (including amortization of deferred financing
    costs and debt discount):Interest expense related to mortgage loan payables, credit
    facility, and derivative instruments


(8,480,000
)


(7,072,000
)


(26,471,000
)


(22,001,000
)Net gain on derivative financial instruments


774,000



66,000



4,571,000



3,357,000Interest and dividend income


24,000



60,000



74,000



233,000Net income (loss)


1,008,000



(10,074,000
)


771,000



(20,409,000
)Less: Net (income) loss attributable to noncontrolling interest
    of limited partners


125,000



(70,000
)


60,000



(241,000
)Net income (loss) attributable to controlling interest

$
1,133,000


$
(10,144,000
)

$
831,000


$
(20,650,000
)Net income (loss) per share attributable to controlling
    interest on distributed and undistributed earnings 
    basic and diluted

$
0.01


$
(0.08
)

$
0.01


$
(0.20
)Weighted average number of shares outstanding Basic


166,281,800



124,336,078



155,480,689



105,257,482Diluted


166,480,852



124,336,078



155,679,741



105,257,482    3




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##### Table of Contents



Healthcare
    Trust of America, Inc.CONDENSED CONSOLIDATED STATEMENTS
    OF EQUITYFor the Nine Months Ended September 30,
    2010 and 2009
    (Unaudited)
  Stockholders EquityCommon StockNumber of





Additional


Accumulated


TotalShares


Amount


Paid-In Capital


Deficit


EquityBALANCE  December 31, 2008


75,465,437


$
755,000


$
673,351,000


$
(74,786,000
)

$
599,320,000Issuance of common stock


53,276,134



533,000



530,485,000







531,018,000Offering costs










(54,533,000
)






(54,533,000
)Issuance of restricted common stock


100,000















Amortization of share based compensation










660,000







660,000Issuance of common stock under the DRIP


2,807,028



28,000



26,638,000







26,666,000Repurchase of common stock


(791,112
)


(8,000
)


(7,520,000
)






(7,528,000
)Distributions














(57,491,000
)


(57,491,000
)Adjustment to redeemable noncontrolling interests










(566,000
)






(566,000
)Net loss attributable to controlling interest














(20,650,000
)


(20,650,000
)BALANCE  September 30, 2009


130,857,487


$
1,308,000


$
1,168,515,000


$
(152,927,000
)

$
1,016,896,000BALANCE  December 31, 2009


140,590,686


$
1,405,000


$
1,251,996,000


$
(182,084,000
)

$
1,071,317,000Issuance of common stock


38,890,967



392,000



377,843,000







376,135,000Offering costs










(38,580,000
)






(38,580,000
)Issuance of restricted common stock


210,000















1,900,000Amortization of share based compensation










879,000







879,000Issuance of common stock under the DRIP


4,269,072



43,000



40,513,000







40,556,000Repurchase of common stock


(3,277,584
)


(33,000
)


(31,140,000
)






(31,173,000
)Distributions














(85,435,000
)


(85,435,000
)Adjustment to redeemable noncontrolling interests










(26,000
)


301,000



275,000Net income attributable to controlling interest














831,000



831,000BALANCE  September 30, 2010


180,683,141


$
1,807,000


$
1,601,485,000


$
(266,387,000
)

$
1,336,905,000    4




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##### Table of Contents



Healthcare
    Trust of America, Inc.CONDENSED CONSOLIDATED STATEMENTS
    OF CASH FLOWSFor the Nine Months Ended September 30,
    2010 and 2009
    (Unaudited)
  Nine Months Ended September 30,2010


2009CASH FLOWS FROM OPERATING ACTIVITIESNet income (loss)

$
771,000


$
(20,409,000
)Adjustments to reconcile net loss to net cash provided by
    operating activities:Depreciation and amortization (including deferred financing
    costs, above/below market leases, debt discount, leasehold
    interests, deferred rent receivable, note receivable closing
    costs and discount and lease inducements)


51,114,000



36,088,000Stock based compensation, net of forfeitures


879,000



660,000Loss on property insurance settlements






6,000Bad debt expense


379,000



1,097,000Change in fair value of derivative financial instruments


(4,571,000
)


(3,357,000
)Changes in operating assets and liabilities:Accounts and other receivables, net


(2,691,000
)


(2,806,000
)Other assets


(1,715,000
)


(3,202,000
)Accounts payable and accrued liabilities


9,393,000



8,837,000Accounts payable due to affiliates, net


(3,769,000
)


207,000Security deposits, prepaid rent and other liabilities


(167,000
)


(1,153,000
)Net cash provided by operating activities


49,623,000



15,968,000CASH FLOWS FROM INVESTING ACTIVITIESAcquisition of real estate operating properties


(277,980,000
)


(241,668,000
)Capital expenditures


(13,719,000
)


(6,320,000
)Restricted cash and escrow deposits


(10,341,000
)


(7,567,000
)Real estate deposits


(2,073,000
)


Proceeds from insurance settlement






299,000Net cash used in investing activities


(304,113,000
)


(255,256,000
)CASH FLOWS FROM FINANCING ACTIVITIESBorrowings on mortgage loans payable


79,125,000



1,696,000Purchase of noncontrolling interest


(3,900,000
)


Payments on mortgage loans payable and demand note


(83,810,000
)


(10,624,000
)Derivative financial instruments termination payments


(793,000
)


Proceeds from issuance of common stock


380,255,000



533,303,000Deferred financing costs


(2,328,000
)


(60,000
)Security deposits


855,000



126,000Repurchase of common stock


(31,173,000
)


(7,528,000
)Payment of offering costs


(38,580,000
)


(56,382,000
)Distributions


(42,870,000
)


(27,493,000
)Distributions to noncontrolling interest limited partner


(106,000
)


(290,000
)Net cash provided by financing activities


256,675,000



432,748,000NET CHANGE IN CASH AND CASH EQUIVALENTS


2,185,000



193,460,000CASH AND CASH EQUIVALENTS  Beginning of period


219,001,000



128,331,000CASH AND CASH EQUIVALENTS  End of period

$
221,186,000


$
321,791,000SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:Cash paid for:Interest

$
22,513,000


$
19,893,000Income taxes

$
149,000


$
74,000SUPPLEMENTAL DISCLOSURE OF NONCASH ACTIVITIES:Investing Activities:Accrued capital expenditures

$
3,813,000


$
1,243,000The following represents the significant increase in certain
    assets and liabilities in connection with our acquisitions of
    operating properties:Mortgage loans payable, net

$
(45,938,000
)

$
Security deposits, prepaid rent, and other liabilities

$
13,979,000


$
574,000Issuance of operating partnership units in connection with
    Fannin acquisition

$
1,557,000


$
Financing Activities:Issuance of common stock under the DRIP

$
40,556,000


$
26,666,000Distributions declared but not paid including stock issued under
    the DRIP

$
10,575,000


$
7,814,000Accrued offering costs

$
730,000


$
68,000Adjustment to redeemable noncontrolling interests

$
(275,000
)

$
566,000    5




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##### Table of Contents



Healthcare
    Trust of America, Inc.NOTES TO CONDENSED CONSOLIDATED FINANCIAL
    STATEMENTS (Unaudited)
 As of and for the Three and Nine Months Ended
    September 30, 2010 and 2009
  The use of the words we, us or
    our refers to Healthcare Trust of America, Inc. and
    its subsidiaries, including Healthcare Trust of America
    Holdings, LP, except where the context otherwise requires.
  1.
    Organization
    and Description of Business    day-to-day
          30-day
  follow-on
 6




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##### Table of Contents



Healthcare
    Trust of America, Inc.
    NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
    (Unaudited)(Continued)
    2.
    Summary
    of Significant Accounting Policies    Basis
    of Presentation
  Consolidation
      Form 10-K
 7




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##### Table of Contents



Healthcare
    Trust of America, Inc.
    NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
    (Unaudited)(Continued)
  Interim
    Unaudited Financial Data
    Cash
    and Cash Equivalents
    Segment
    Disclosure
  Segment Reporting healthcare-related
  Recently
    Issued Accounting Pronouncements
    Consolidation
    Pronouncements
  Amendments to FASB Interpretation
    No. 46(R) ASC 810-10, Consolidation  Overall ASC 810-10, ASC 810-10
 8




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##### Table of Contents



Healthcare
    Trust of America, Inc.
    NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
    (Unaudited)(Continued)
  Fair
    Value Pronouncements
  2010-06, Fair Value Measurements and Disclosures (Topic 820) 2010-06, 820-10 2010-06 2010-06 2010-06 2010-06 2010-06 2010-06
  Equity
    Pronouncements
  2010-01, Accounting for Distributions to Shareholders with Components
    of Stock and Cash 2010-01, 2010-01 2010-01 2010-01
  Credit
    Risk Pronouncements
  2010-20, Disclosures about the Credit Quality of Financing Receivables
    and the Allowance for Credit Losses 2010-20, 2010-20
 9




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##### Table of Contents



Healthcare
    Trust of America, Inc.
    NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
    (Unaudited)(Continued)
  3.
    Real
    Estate Investments    September 30, 2010


December 31, 2009Land

$
137,060,000


$
122,972,000Building and improvements


1,364,708,000



1,083,496,000Furniture and equipment


10,000



10,0001,501,778,000



1,206,478,000Less: accumulated depreciation


(91,641,000
)


(56,689,000
)$
1,410,137,000


$
1,149,789,000       MortgageDate

Ownership


Purchase


LoansProperty

Property Location

Acquired

Percentage


Price


Payable(1)Camp Creek

Atlanta, GA

3/02/10


100
%

$
19,550,000


$
King Street

Jacksonville, FL

3/09/10


100



10,775,000



6,602,000Sugarland

Houston, TX

3/23/10


100



12,400,000



Deaconess

Evansville, IN

3/23/10


100



45,257,000



Chesterfield Rehabilitation Center(2)

Chesterfield, MO

3/24/10


100



3,900,000



Pearland  Cullen

Pearland, TX

3/31/10


100



6,775,000



Hilton Head  Heritage

Hilton Head, SC

3/31/10


100



8,058,000



Triad Technology Center

Baltimore, MD

3/31/10


100



29,250,000



Mt. Pleasant (E. Cooper)

Mount Pleasant, SC

3/31/10


100



9,925,000



Federal North

Pittsburgh, PA

4/29/10


100



40,472,000



Balfour Concord Portfolio

Lewisville, TX

6/25/10


100



4,800,000



Cannon Park Place

Charleston, SC

6/28/10


100



10,446,000



7900 Fannin(3)

Houston, TX

6/30/10


84



38,100,000



22,687,000Balfour Concord Portfolio(4)

Denton, TX

6/30/10


100



8,700,000



4,657,000Pearland  Broadway(4)

Pearland, TX

6/30/10


100



3,701,000



2,381,000Overlook

Stockbridge, GA

7/15/10


100



8,140,000



5,440,000Sierra Vista

San Luis Obispo, CA

8/04/10


100



10,950,000



Hilton Head  Moss Creek(4)

Hilton Head, SC

8/12/10


100



2,652,000



Orlando Portfolio

Orlando & Oviedo, FL

9/29/10


100



18,300,000



Santa Fe Portfolio

Santa Fe, NM

9/30/10


100



9,560,000



Rendina Portfolio

Las Vegas, NV and

9/30/10


100



41,034,000



Poughkeepsie, NYTotal









$
342,745,000


$
41,767,000     (1)
    
    Represents the amount of the mortgage loan payable assumed or
    newly placed on the property in connection with the acquisition
    or secured by the property subsequent to acquisition.(2)
    
    Represents our purchase of the remaining 20% interest we
    previously did not own in the JV Company that owns Chesterfield
    Rehabilitation Center. See Note 13, Redeemable
    Noncontrolling Interest of Limited Partners, and Note 16,
    Business Combinations, for further information regarding this
    purchase. 10




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##### Table of Contents



Healthcare
    Trust of America, Inc.
    NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
    (Unaudited)(Continued)
   (3)
    
    Represents our purchase of the majority interest in the Fannin
    partnership, which owns the 7900 Fannin medical office building,
    the value of which is approximately $38,100,000. We acquired
    both the general partner interest and the majority of the
    limited partner interests in the Fannin partnership. The
    transaction provided the original physician investors with the
    right to remain in the Fannin partnership, to receive limited
    partnership units in our operating partnership, and/or receive
    cash. Ten investors elected to remain in the Fannin partnership,
    which represents a 16% noncontrolling interest in the property.(4)
    
    Represent purchases of additional medical office buildings
    within portfolios we had previously acquired during the nine
    months ended September 30, 2010.  4.
    Real
    Estate Notes Receivable, Net    Property NameLocation of Property

Property Type

Interest Rate


Maturity Date

September 30, 2010


December 31, 2009MacNeal Hospital Medical Office Building
    Berwyn, Illinois

Medical Office Building


5.95
%(1)

11/01/11

$
7,500,000


$
7,500,000MacNeal Hospital Medical Office Building
    Berwyn, Illinois

Medical Office Building


5.95
(1)

11/01/11


7,500,000



7,500,000St. Lukes Medical Office Building
    Phoenix, Arizona

Medical Office Building


5.85
(2)

11/01/11


3,750,000



3,750,000St. Lukes Medical Office Building
    Phoenix, Arizona

Medical Office Building


5.85
(2)

11/01/11


1,250,000



1,250,000Rush Presbyterian Medical Office Building
    Oak Park, Illinois

Medical Office Building


7.76
(3)

12/01/14


41,150,000



41,150,000Total real estate notes receivable










61,150,000



61,150,000Add: Notes receivable closing costs, net










600,000



788,000Less: discount, net(4)










(5,245,000
)


(7,175,000
)Real estate notes receivable, net









$
56,505,000


$
54,763,000     (1)
    
    The effective interest rate associated with these notes as of
    September 30, 2010 is 7.93%.(2)
    
    The effective interest rate associated with these notes as of
    September 30, 2010 is 7.80%.(3)
    
    Represents an average interest rate for the life of the note
    with an effective interest rate of 8.6%.(4)
    
    The discount is amortized on a straight-line basis over the
    respective life of each note. 11




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##### Table of Contents



Healthcare
    Trust of America, Inc.
    NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
    (Unaudited)(Continued)
  5.
    Identified
    Intangible Assets, Net    September 30, 2010


December 31, 2009In place leases, net of accumulated amortization of $38,476,000
    and $25,452,000 as of September 30, 2010 and
    December 31, 2009, respectively (with a weighted average
    remaining life of 94 months and 95 months as of
    September 30, 2010 and December 31, 2009, respectively)

$
93,816,000


$
80,577,000Above market leases, net of accumulated amortization of
    $5,287,000 and $3,233,000 as of September 30, 2010 and
    December 31, 2009, respectively (with a weighted average
    remaining life of 85 months and 87 months as of
    September 30, 2010 and December 31, 2009, respectively)


15,765,000



11,831,000Tenant relationships, net of accumulated amortization of
    $20,853,000 and $13,598,000 as of September 30, 2010 and
    December 31, 2009, respectively (with a weighted average
    remaining life of 150 months and 150 months as of
    September 30, 2010 and December 31, 2009, respectively)


107,537,000



89,610,000Leasehold interests, net of accumulated amortization of $322,000
    and $103,000 as of September 30, 2010 and December 31,
    2009, respectively (with a weighted average remaining life of
    871 months and 899 months as of September 30,
    2010 and December 31, 2009, respectively)


23,185,000



21,204,000$
240,303,000


$
203,222,000    12




---



##### Table of Contents



Healthcare
    Trust of America, Inc.
    NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
    (Unaudited)(Continued)
  6.
    Other
    Assets, Net    September 30, 2010


December 31, 2009Deferred financing costs, net of accumulated amortization of
    $4,705,000 and $3,346,000 as of September 30, 2010 and
    December 31, 2009, respectively

$
3,780,000


$
3,281,000Lease commissions, net of accumulated amortization of $936,000
    and $427,000 as of September 30, 2010 and December 31,
    2009, respectively


4,036,000



3,061,000Lease inducements, net of accumulated amortization of $467,000
    and $280,000 as of September 30, 2010 and December 31,
    2009, respectively


1,345,000



1,215,000Deferred rent receivable


15,598,000



9,380,000Prepaid expenses, deposits and other


7,021,000



4,938,000$
31,780,000


$
21,875,000     7.
    Mortgage
    Loans Payable, Net     13




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##### Table of Contents



Healthcare
    Trust of America, Inc.
    NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
    (Unaudited)(Continued)
    Interest


MaturityProperty

Rate


Date


September 30, 2010(a)


December 31, 2009(b)Fixed Rate Debt:Southpointe Office Parke and Epler Parke I


6.11
%


09/01/16


$
9,146,000


$
9,146,000Crawfordsville Medical Office Park and Athens 
    Surgery Center


6.12



10/01/16



4,264,000



4,264,000The Gallery Professional Building


5.76



03/01/17



6,000,000



6,000,000Lenox Office Park, Building G


5.88



02/01/17



12,000,000



12,000,000Commons V Medical Office Building


5.54



06/11/17



9,708,000



9,809,000Yorktown Medical Center and Shakerag Medical Center


5.52



05/11/17



13,477,000



13,530,000Thunderbird Medical Plaza


5.67



06/11/17



13,786,000



13,917,000Gwinnett Professional Center


5.88



01/01/14



5,443,000



5,509,000Northmeadow Medical Center


5.99



12/01/14



7,586,000



7,706,000Medical Portfolio 2


5.91



07/01/13



14,075,000



14,222,000Renaissance Medical Centre


5.38



09/01/15



18,548,000



18,767,000Renaissance Medical Centre


12.75



09/01/15



1,241,000



1,242,000Medical Portfolio 4


5.50



06/01/19



6,441,000



6,586,000Medical Portfolio 4


6.18



06/01/19



1,649,000



1,684,000Marietta Health Park


5.11



11/01/15



7,200,000



7,200,000Hampden Place


5.98



01/01/12



8,611,000



8,785,000Greenville  Patewood


6.18



01/01/16



35,718,000



36,000,000Greenville  Greer


6.00



02/01/17



8,440,000



Greenville  Memorial


6.00



02/01/17



4,468,000



Greenville  MMC


6.25



06/01/20



22,810,000



Sun City-Note B


6.54



09/01/14



14,852,000



14,997,000Sun City-Note C


6.50



09/01/14



4,430,000



4,509,000Sun City Note D


6.98



09/01/14



13,865,000



13,985,000King Street


5.88



03/05/17



6,487,000



Wisconsin MOB II  Mequon


6.25



07/10/17



9,981,000



Balfour Concord  Denton


7.95



08/10/12



4,624,000



Pearland-Broadway


5.57



09/01/12



2,371,000



7900 Fannin-Note A


7.30



01/01/21



21,835,000



7900 Fannin-Note B


7.68



01/01/16



821,000



Deaconess  Evansville


4.90



08/06/15



21,227,000



Overlook


6.00



11/05/16



5,428,000



Triad


5.60



09/01/22



12,000,000



Total fixed rate debt










328,532,000



209,858,000Variable Rate Debt:Senior Care Portfolio 1


4.75
%(c)


03/31/10




(e)


24,800,0001 and 4 Market Exchange


1.61
(c)


09/30/10




(e)


14,500,000East Florida Senior Care Portfolio


1.66
(c)


10/01/10



29,101,000



29,451,000Kokomo Medical Office Park


1.66
(c)


11/30/10



8,300,000



8,300,000Chesterfield Rehabilitation Center


1.91
(c)


12/30/10



22,000,000



22,000,000Park Place Office Park


1.81
(c)


12/31/10



10,943,000



10,943,000Highlands Ranch Medical Plaza


1.81
(c)


12/31/10



8,853,000



8,853,000Medical Portfolio 1


1.94
(c)


02/28/11



19,800,000



20,460,000Fort Road Medical Building


1.91
(c)


03/06/11




(e)


5,800,000Medical Portfolio 3


2.51
(c)


06/26/11



58,000,000



58,000,000SouthCrest Medical Plaza


2.46
(c)


06/30/11



12,870,000



12,870,000Wachovia Pool Loans(d)


4.65
(c)


06/30/11



48,947,000



49,696,000Cypress Station Medical Office Building


2.01
(c)


09/01/11



7,067,000



7,131,000Medical Portfolio 4


2.41
(c)


09/24/11




(e)


21,400,000Decatur Medical Plaza


2.26
(c)


09/26/11



7,900,000



7,900,000Mountain Empire Portfolio


2.36
(c)


09/28/11



18,527,000



18,882,000Sun City-Sun 1


1.76
(c)


12/31/14



2,000,000



2,000,000Sun City-Sun 2


1.76
(c)


12/31/14



9,504,000



9,618,000Total variable rate debt










263,812,000



332,604,000Total fixed and variable debt










592,344,000



542,462,000Add: Net premium










2,084,000



Less: Net discount














(2,434,000
)Mortgage loans payable, net









$
594,428,000


$
540,028,000  14




---



##### Table of Contents



Healthcare
    Trust of America, Inc.
    NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
    (Unaudited)(Continued)
    (a)
    
    As of September 30, 2010, we had variable rate mortgage
    loans on 17 of our properties with effective interest rates
    ranging from 1.66% to 4.65% per annum and a weighted average
    effective interest rate of 2.57% per annum. However, as of
    September 30, 2010, we had fixed rate interest rate swaps,
    ranging from 4.70% to 6.02%, on our variable rate mortgage loans
    payable on 8 of our properties, thereby effectively fixing our
    interest rate on those mortgage loans payable.(b)
    
    As of December 31, 2009, we had variable rate mortgage
    loans on 22 of our properties with effective interest rates
    ranging from 1.58% to 4.75% per annum and a weighted average
    effective interest rate of 2.65% per annum. However, as of
    December 31, 2009, we had fixed rate interest rate swaps,
    ranging from 4.51% to 6.02%, on our variable rate mortgage loans
    payable on 20 of our properties, thereby effectively fixing our
    interest rate on those mortgage loans payable.(c)
    
    Represents the interest rate in effect as of September 30,
    2010.(d)
    
    We have a mortgage loan in the principal amount of $48,947,000
    and $49,696,000, as of September 30, 2010 and
    December 31, 2009, respectively, secured by Epler Parke
    Building B, 5995 Plaza Drive, Nutfield Professional Center,
    Medical Portfolio 2 and Academy Medical Center.(e)
    
    Represent loan balances that we have paid off during the nine
    months ended September 30, 2010.    Year

Amount2010

$
81,051,0002011


177,879,0002012


20,703,0002013


19,300,0002014


47,939,000Thereafter


245,472,000Total

$
592,344,000       8.
    Derivative
    Financial Instruments  Derivatives and Hedging
 15




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##### Table of Contents



Healthcare
    Trust of America, Inc.
    NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
    (Unaudited)(Continued)
        Notional Amount


Index

Rate


Fair Value


Instrument

Maturity$
8,300,000


LIBOR


5.86
%

$
(87,000
)

Swap


11/30/108,853,000


LIBOR


5.52



(110,000
)

Swap


12/31/1010,943,000


LIBOR


5.52



(135,000
)

Swap


12/31/1022,000,000


LIBOR


5.59



(235,000
)

Swap


12/30/1029,101,000


LIBOR


6.02



(74,000
)

Swap


10/01/1019,727,000


LIBOR


5.23



(271,000
)

Swap


01/31/117,900,000


LIBOR


5.16



(239,000
)

Swap


09/26/1116,993,000


LIBOR


5.87



(1,475,000
)

Swap


09/28/139,618,000


LIBOR


2.00



255,000


Cap


12/31/14     Notional Amount


Index

Rate


Fair Value


Instrument

Maturity$
14,500,000


LIBOR


5.97
%

$
(505,000
)

Swap


09/28/108,300,000


LIBOR


5.86



(327,000
)

Swap


11/30/108,853,000


LIBOR


5.52



(326,000
)

Swap


12/31/1010,943,000


LIBOR


5.52



(403,000
)

Swap


12/31/1022,000,000


LIBOR


5.59



(759,000
)

Swap


12/30/1029,101,000


LIBOR


6.02



(998,000
)

Swap


10/01/1022,000,000


LIBOR


5.23



(688,000
)

Swap


01/31/115,800,000


LIBOR


4.70



(173,000
)

Swap


03/06/117,292,000


LIBOR


4.51



(75,000
)

Swap


05/03/1024,800,000


LIBOR


4.85



(206,000
)

Swap


03/31/1050,321,000


LIBOR


5.60



(922,000
)

Swap


06/30/1012,870,000


LIBOR


5.65



(236,000
)

Swap


06/30/1058,000,000


LIBOR


5.59



(1,016,000
)

Swap


06/26/1021,400,000


LIBOR


5.27



(782,000
)

Swap


09/23/117,900,000


LIBOR


5.16



(296,000
)

Swap


09/26/1117,304,000


LIBOR


5.87



(913,000
)

Swap


09/28/139,618,000


LIBOR


2.00



890,000


Cap


12/31/1454,000,000


N/A


N/A



1,051,000


Participation
    Interest(a)


12/01/29     (a)
    
    During the quarter ended September 30, 2010, we reevaluated
    a feature within the Rush Presbyterian Note Receivable which had
    been disclosed in the 2009 Annual Report as a derivative
    financial instrument. Based on this reevaluation, we determined
    that this feature, by its nature, qualifies for a scope
    exception under ASC 815, Derivatives and Hedging,
    and thus may be excluded from classification as a derivative
    financial instrument. As such, we have prospectively corrected
    our fair value and derivative instrument disclosures with
    respect to this feature. 16




---



##### Table of Contents



Healthcare
    Trust of America, Inc.
    NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
    (Unaudited)(Continued)
     Asset Derivatives

Liability DerivativesSeptember 30, 2010

December 31, 2009

September 30, 2010

December 31, 2009Derivatives not designated as

Balance Sheet



Balance Sheet



Balance Sheet



Balance Sheethedging instruments:

Location

Fair Value

Location

Fair Value

Location

Fair Value

Location

Fair ValueInterest Rate Swaps

Derivative
    Financial
    Instruments

$



Derivative
    Financial
    Instruments

$



Derivative
    Financial
    Instruments

$
2,626,000


Derivative
    Financial
    Instruments

$
8,625,000Interest Rate Cap

Other Assets

$
255,000


Other Assets

$
890,000     Amount of Gain (Loss)

Amount of Gain (Loss)Recognized

RecognizedDerivatives not designated as

Location of Gain (Loss)

Three Months Ended

Nine Months Endedhedging instruments under:

Recognized

September 30, 2010

September 30, 2009

September 30, 2010

September 30, 2009Interest Rate Swaps

Gain (loss) on derivative instruments

$
966,000


$
66,000


$
5,206,000


$
3,357,000Interest Rate Cap

Gain (loss) on derivative instruments

$
(192,000
)

$



$
(635,000
)

$
     9.
    Revolving
    Credit Facility     17




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##### Table of Contents



Healthcare
    Trust of America, Inc.
    NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
    (Unaudited)(Continued)
  10.
    Identified
    Intangible Liabilities, Net    September 30, 2010


December 31, 2009Below market leases, net of accumulated amortization of
    $4,309,000 and $3,033,000 as of September 30, 2010 and
    December 31, 2009, respectively (with a weighted average
    remaining life of 104 months and 94 months as of
    September 30, 2010 and December 31, 2009, respectively)

$
6,107,000


$
6,954,000$
6,107,000


$
6,954,000     11.
    Commitments
    and Contingencies  Litigation
    Environmental
    Matters
    Other
    Organizational and Offering Expenses
    Other
   18




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##### Table of Contents



Healthcare
    Trust of America, Inc.
    NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
    (Unaudited)(Continued)
  12.
    Related
    Party Transactions  Transition:
    Self-Management
          Former
    Executive Officers
  and/or
  Fees
    and Expenses Paid to Former Affiliates
   19




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##### Table of Contents



Healthcare
    Trust of America, Inc.
    NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
    (Unaudited)(Continued)
  Offering
    Stage
  Selling
    Commissions
    Marketing
    Support Fees and Due Diligence Expense Reimbursements
  bona fide
  Other
    Organizational and Offering Expenses
    Acquisition
    and Development Stage
  Acquisition
    Fee
   20




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##### Table of Contents



Healthcare
    Trust of America, Inc.
    NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
    (Unaudited)(Continued)
    
    for the first $375,000,000 in aggregate contract purchase price
    for properties acquired directly or indirectly by us after
    October 24, 2008, 2.5% of the contract purchase price of
    each such property;
    for the second $375,000,000 in aggregate contract purchase price
    for properties acquired directly or indirectly by us after
    October 24, 2008, 2.0% of the contract purchase price of
    each such property, which amount is subject to downward
    adjustment, but not below 1.5%, based on reasonable projections
    regarding the anticipated amount of net proceeds to be received
    in our initial offering; and
    for above $750,000,000 in aggregate contract purchase price for
    properties acquired directly or indirectly by us after
    October 24, 2008, 2.25% of the contract purchase price of
    each such property.        Operational
    Stage
  Asset
    Management Fee
        Property
    Management Fee
   21




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##### Table of Contents



Healthcare
    Trust of America, Inc.
    NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
    (Unaudited)(Continued)
  self-management,
  Lease
    Fee
    On-site
    Personnel and Engineering Payroll
  on-site
  Operating
    Expenses
      Related
    Party Services Agreement
  self-management,
 22




---



##### Table of Contents



Healthcare
    Trust of America, Inc.
    NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
    (Unaudited)(Continued)
      Compensation
    for Additional Services
    Liquidity
    Stage
  Disposition
    Fee
    Subordinated
    Participation Interest
    Accounts
    Payable Due to Former Affiliates, Net
    Entity

Fee

September 30, 2010


December 31, 2009Grubb & Ellis Realty Investors

Operating expenses

$
27,000


$
27,000Grubb & Ellis Realty Investors

Offering costs


90,000



90,000Grubb & Ellis Realty Investors

Due diligence


15,000



15,000Grubb & Ellis Realty Investors

On-site payroll and engineering


104,000



104,000Grubb & Ellis Realty Investors

Acquisition related expenses






3,769,000Triple Net Properties Realty, Inc.

Asset and property management fees


771,000



771,000$
1,007,000


$
4,776,000  23




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##### Table of Contents



Healthcare
    Trust of America, Inc.
    NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
    (Unaudited)(Continued)
    13.
    Redeemable
    Noncontrolling Interest of Limited Partners      and/or
  Distinguishing Liabilities From
    Equity,
 24




---



##### Table of Contents



Healthcare
    Trust of America, Inc.
    NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
    (Unaudited)(Continued)
    Balance as of December 31, 2008

$
1,951,000Net income attributable to noncontrolling interest of limited
    partners


241,000Distributions


(290,000
)Adjustments to noncontrolling interests


566,000Balance as of September 30, 2009

$
2,468,000Balance as of December 31, 2009

$
3,549,000Net loss attributable to noncontrolling interest of limited
    partners


(60,000
)Distributions


(116,000
)Valuation adjustments to noncontrolling interests


570,000Purchase of Chesterfield 20% interest


(3,900,000
)Addition of noncontrolling interest attributable to the Fannin
    acquisition


4,006,000Balance as of September 30, 2010

$
4,049,000       14.
    Stockholders
    Equity  Common
    Stock
      30-day
 25




---



##### Table of Contents



Healthcare
    Trust of America, Inc.
    NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
    (Unaudited)(Continued)
    Preferred
    Stock
    Distribution
    Reinvestment Plan
    Share
    Repurchase Plan
      2006
    Incentive Plan and 2006 Independent Directors Compensation
    Plan
  sub-plan,
   26




---



##### Table of Contents



Healthcare
    Trust of America, Inc.
    NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
    (Unaudited)(Continued)
          Restricted


WeightedCommon


Average GrantStock/Units


Date Fair ValueBalance  December 31, 2009


167,667


$
10.00Granted, net


210,000



10.00Vested


(63,324
)


10.00Forfeited


(4,842
)


Balance  September 30, 2010


309,501


$
10.00Nonvested shares expected to vest  September 30,
    2010


309,501


$
10.00   15.
    Fair
    Value of Financial Instruments  Fair Value Measurements and Disclosures
       27




---



##### Table of Contents



Healthcare
    Trust of America, Inc.
    NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
    (Unaudited)(Continued)
      Financial Instruments The Fair Value Option for Financial Assets and
    Financial Liabilities  including an Amendment of
    Statement No. 115 Disclosures
    about Fair Value of Financial Instruments
    Financial
    Instruments Reported at Fair Value
  Cash and
    Cash Equivalents
    Derivative
    Financial Instruments
         28




---



##### Table of Contents



Healthcare
    Trust of America, Inc.
    NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
    (Unaudited)(Continued)
  Assets
    and Liabilities at Fair Value
    Quoted Prices inActive Markets forIdentical Assets


Significant Other


Significantand Liabilities


Observable Inputs


Unobservable Inputs(Level 1 )


(Level 2)


(Level 3)


TotalAssetsMoney market funds

$
43,000


$



$



$
43,000Derivative financial instruments






255,000







255,000Total assets at fair value

$
43,000


$
255,000


$



$
298,000LiabilitiesDerivative financial instruments

$



$
(2,626,000
)

$



$
(2,626,000
)Total liabilities at fair value

$



$
(2,626,000
)

$



$
(2,626,000
)     Quoted Prices inActive Markets forIdentical Assets


Significant Other


Significantand Liabilities


Observable Inputs


Unobservable Inputs(Level 1 )


(Level 2)


(Level 3)


TotalAssetsMoney market funds

$
43,000


$



$



$
43,000Derivative financial instruments(a)

$



$
890,000


$
1,051,000


$
1,941,000Total assets at fair value

$
43,000


$
890,000


$
1,051,000


$
1,984,000LiabilitiesDerivative financial instruments

$



$
(8,625,000
)

$



$
(8,625,000
)Total liabilities at fair value

$



$
(8,625,000
)

$



$
(8,625,000
)     (a)
    
    During the quarter ended September 30, 2010, we reevaluated
    a feature within the Rush Presbyterian Note Receivable which had
    been disclosed in our Annual Report as a derivative financial
    instrument. Based on this reevaluation, we determined that this
    feature, by its nature, qualifies for a scope exception under
    ASC 815, Derivatives and Hedging, and thus may be
    excluded from classification as a derivative financial
    instrument. As such, we have prospectively corrected our fair
    value and derivative instrument disclosures with respect to this
    feature.  Financial
    Instruments Disclosed at Fair Value
     29




---



##### Table of Contents



Healthcare
    Trust of America, Inc.
    NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
    (Unaudited)(Continued)
        16.
    Business
    Combinations      Business Combinations Business Combinations lease-up
   30




---



##### Table of Contents



Healthcare
    Trust of America, Inc.
    NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
    (Unaudited)(Continued)
    24-month
    
    An 80,652 square foot medical office portfolio consisting
    of two buildings located in Atlanta, Georgia. This portfolio is
    over 95% leased and was purchased on March 2, 2010 for
    $19,550,000.
    A 53,169 square foot medical office building located in
    Jacksonville, Florida, purchased on March 9, 2010 for
    $10,775,000. This building is 100% occupied and is situated on
    the campus of St. Vincents Medical Center.
    A 60,300 square foot medical office building located in
    Sugarland, Texas, purchased on March 23, 2010 for
    $12,400,000. This facility is located near three acute-care
    hospitals and is 100% leased with 83% of the space occupied by
    Texas Childrens Health Centers.
    A five-building medical office portfolio located in Evansville
    and Newburgh, Indiana, totaling 260,500 square feet and
    purchased on March 23, 2010 for $45,257,000. The portfolio
    is 100% master-leased to Deaconess Clinic, Inc., an affiliate of
    Deaconess Health System, Inc.
    A 60,800 square foot medical office building located on the
    campus of East Cooper Regional Medical Center in Mount Pleasant,
    South Carolina, purchased on March 31, 2010 for $9,925,000.
    The building is 88% leased to 16 tenants.
    A 34,980 square foot medical office building located in
    Pearland, Texas, purchased on March 31, 2010 for
    $6,775,000. The building is 98% occupied. On June 30, 2010,
    we purchased a second building within the Pearland portfolio:
    this add-on acquisition consisted of a 19,680 square foot
    medical office building that was purchased for $3,701,000 and is
    100% occupied.
    A 21,832 square foot medical office building located in
    Hilton Head, South Carolina, purchased on March 31, 2010
    for $8,058,000. The building is 100% occupied. On
    August 12, 2010, we purchased a second building within the
    Hilton ad portfolio: this add-on acquisition consisted of a
    9,062 square foot medical office building that is 100%
    occupied and was purchased for $2,652,000.
    A 101,400 square foot medical office building located in
    Baltimore, Maryland, purchased on March 31, 2010 for
    $29,250,000. The building is located on the Johns Hopkins
    University Bayview Medical Center Research Campus and is 100%
    leased.
    The remaining 20% interest in the JV Company that owns
    Chesterfield Rehabilitation Center. Our subsidiary exercised its
    call option to buy, for $3,900,000, 100% of the interest owned
    by its joint venture partner. As we continued to retain control
    of this entity despite the change in ownership interest, in
    accordance with ASC 805, we are accounting for this as an
    equity transaction. Thus, no gains or losses with respect to
    these changes were recognized in net income, nor are the
    carrying amounts of the assets and liabilities of the subsidiary
    adjusted. As such, this acquisition is not included within the
    purchase price allocation disclosed within this footnote. 31




---



##### Table of Contents



Healthcare
    Trust of America, Inc.
    NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
    (Unaudited)(Continued)
   
    A 191,612 square foot medical office building located in
    Pittsburgh, Pennsylvania. This building, which is located near
    the Federal North and Allegheny General Hospital Centers, is 99%
    occupied and was purchased on April 29, 2010 for
    $40,472,000.
    A two-building medical office portfolio in Denton, Texas, and
    Lewisville, Texas totaling 53,720 square feet. The
    Lewisville medical office building, purchased on June 25,
    2010 for $4,800,000, consists of approximately
    18,000 square feet and is 100% leased to one tenant with a
    remaining term of 10 years. The Denton medical office
    building, purchased on June 30, 2010 for $8,700,000, is an
    approximately 35,720 square foot facility located on the
    campus of Texas Health Presbyterian Hospital Denton, and it is
    100% leased through 2017.
    A 45,500 square foot medical office building located in
    Charleston, South Carolina for approximately $10,446,000. This
    building, which was purchased on June 28, 2010, is 100%
    leased and is located immediately adjacent to the campus of the
    Medical University of South Carolina, or MUSC, and MUSC
    Childrens Hospital.
    The majority interest in the Fannin partnership, which owns a
    medical office building located in Houston, Texas, on
    June 30, 2010. The value of the 7900 Fannin building is
    approximately $38,100,000. We acquired the general partner
    interest and the majority of the limited partner interests in
    the Fannin partnership. The original physician investors were
    provided the right to remain in the Fannin partnership, receive
    limited partner units in our operating partnership,
    and/or
    receive cash. Some of the original physician investors elected
    to remain in the Fannin partnership post-closing as limited
    partners. The property, known as 7900 Fannin, consists of a
    four-story building totaling 176,000 square feet that is
    adjacent to The Womans Hospital of Texas, an
    HCA-affiliated hospital within the Texas Medical Center. The
    building is currently over 99% occupied.
    A 35,177 square foot medical office building located in
    Stockbridge, Georgia. This building, which is situated in the
    southern suburbs of Atlanta, Georgia near the Henry Medical
    Center, has an occupancy rate of 100% and was purchased on
    July 15, 2010 for $8,140,000.
    A 45,000 square foot Class A medical office building
    located in San Luis Obispo, California. This building,
    which is located on the campus of the Sierra Vista Regional
    Medical Center, is approximately 85% leased and was purchased on
    August 4, 2010 for $10,950,000.
    A two-building medical office portfolio in Orlando, Florida
    totaling 105,555 square feet for an aggregate purchase
    price of $18,300,000. The Oviedo Medical Center is located
    approximately 10 miles northeast of Orlando and is adjacent
    to Florida Hospitals CentraCare urgent care center. The
    Lake Underhill Medical Center is located on the campus of
    Florida Hospital East Orlando. Both buildings were purchased on
    September 29, 2010, and they have an aggregate occupancy of
    98%.
    A 33,631 square foot medical office building located in
    Santa Fe, New Mexico. This building, which is located
    adjacent to the CHRISTUS St. Vincent Hospital and is currently
    100% leased, was purchased on September 30, 2010 for
    $9,560,000.
    Two buildings within a five-building portfolio, one of which is
    located in Las Vegas, Nevada and the other of which is located
    in Poughkeepsie, New York. The San Martin Medical Arts
    Pavilion, located in Las Vegas, is an approximately
    73,300 square foot multi-tenant office building located on
    the San Martin Campus of St. Rose Dominican Hospital.
    It was purchased on September 30, 2010 for approximately
    $18,061,000. The St. Francis Medical Arts Pavilion, located
    in Poughkeepsie, which consists of approximately
    79,000 square feet, was also purchased on
    September 30, 2010 for approximately $22,973,000. The
    buildings have an aggregate occupancy of approximately 95%.   32




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##### Table of Contents



Healthcare
    Trust of America, Inc.
    NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
    (Unaudited)(Continued)
    Supplementary
    Pro-Forma Information
        17.
    Concentration
    of Credit Risk         33




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##### Table of Contents



Healthcare
    Trust of America, Inc.
    NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
    (Unaudited)(Continued)
  18.
    Per Share
    Data  Earnings Per Share,
    19.
    Subsequent
    Events    Status
    of our Offering
    30-day
  Financing
  Unsecured
    Credit Facility
     34




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##### Table of Contents



Healthcare
    Trust of America, Inc.
    NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
    (Unaudited)(Continued)
    Secured
    Term Loan Commitment
  12-month
      Debt
    Repayment
    Loan
    Maturity Extension
    Share
    Repurchases
   35




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##### Table of Contents



Healthcare
    Trust of America, Inc.
    NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
    (Unaudited)(Continued)
  Entry
    into Redemption, Termination and Release Agreement
    Distributions
      Completed
    Acquisitions
  
    On October 29, 2010, we completed the acquisition of a
    228,900 square foot medical office building located less
    than one mile from Allegheny General Hospital, a hospital in the
    West Penn Allegheny Health System, in Pittsburgh, Pennsylvania.
    The building is currently 100% leased and was purchased for
    approximately $39,000,000.
    On November 12, 2010, we purchased a multi-tenant medical
    office building located in Raleigh, North Carolina for
    $16,500,000. This building consists of 89,000 square feet
    and is currently over 98.2% occupied.
    On November 12, 2010, we purchased an additional medical
    office building within our Rendina portfolio for $14,034,000.
    This building, located in St. Louis, Missouri, consists of
    48,009 square feet and has an occupancy rate of over 96%.  Pending
    Property Acquisitions
  
    On August 12, 2010, we entered into purchase and sale
    agreements to purchase two medical office buildings within a
    medical office portfolio located in Santa Fe, New Mexico.
    One of the buildings within this portfolio was purchased during
    the three months ended September 30, 2010 for $9,560,000
    and is further described in Note 16, Business Combinations.
    The second building, the purchase price for which is
    approximately $6,232,000, consists of 19,290 square feet
    and is 100% occupied.
    On September 4, 2010, we entered into purchase and sale
    agreements to purchase two additional medical office buildings
    within the Rendina portfolio. These buildings, located in
    Tucson, Arizona and Wellington, Florida, comprise a total of
    approximately 108,151 square feet and each have an
    occupancy rate of 100%. The aggregate purchase price associated
    with these two medical office buildings is $29,174,000. 36




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##### Table of Contents



Healthcare
    Trust of America, Inc.
    NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
    (Unaudited)(Continued)
   
    On October 5, 2010, we signed purchase and sale agreements
    to acquire a portfolio of four medical office buildings located
    in Phoenix, Arizona for an aggregate purchase price of
    approximately $60,753,000. This portfolio consists of 270,843
    total square feet and has an aggregate occupancy of
    approximately 98.3%.
    On October 22, 2010, we entered into purchase and sale
    agreements to acquire a portfolio of nine medical office
    buildings located in Albany and Carmel, New York, North Adams,
    Massachusetts, and Temple Terrace, Florida for approximately
    $196,645,000. The total portfolio consists of approximately
    959,893 square feet and has an aggregate occupancy of 98%.
    On November 11, 2010, we signed a purchase and sale
    agreement to acquire a 220,000 square foot portfolio
    consisting of four long-term acute care hospitals located in
    Augusta, Georgia, Orlando and Tallahassee, Florida, and Dallas,
    Texas. These buildings, the aggregate purchase price for which
    is $99,000,000, are each 100% occupied.   37




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##### Table of Contents



Item 2.
    Managements
    Discussion and Analysis of Financial Condition and Results of
    Operations.  The use of the words we, us or
    our refers to Healthcare Trust of America, Inc. and
    its subsidiaries, including Healthcare Trust of America
    Holdings, LP, except where the context otherwise requires.
  Form 10-Q, Form 10-K
  Forward-Looking
    Statements
    
    changes in economic conditions generally and the real estate and
    healthcare markets specifically;
    legislative and regulatory changes impacting the healthcare
    industry, including the implementation of the healthcare reform
    legislation enacted in 2010;
    legislative and regulatory changes impacting real estate
    investment trusts, or REITs, including their taxation;
    the availability of debt and equity capital;
    changes in interest rates;
    competition in the real estate industry;
    the supply and demand for operating properties in our proposed
    market areas;
    changes in accounting principles generally accepted in the
    United States of America, or GAAP; and
    the risk factors in our 2009 Annual Report and this Quarterly
    Report on
    Form 10-Q.  Form 10-K Form 10-Q
   38




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##### Table of Contents



Overview
    and Background
    2010
    Company Highlights
  Acquisitions
    and Portfolio Performance
  
    Since January 1, 2010, we have completed 19 new
    acquisitions, expanded four of our existing portfolios through
    the purchase of an additional medical office building within
    each, and purchased the remaining 20% interest we previously did
    not own in the HTA-Duke Chesterfield Rehab, LLC, which owns the
    Chesterfield Rehabilitation Center. These purchases:  
    consist of 31 medical office buildings;
    have an aggregate purchase price of approximately $412,279,000;
    comprise a total of approximately 1,904,301 square
    feet; and
    possess a strong average occupancy rate of 97.4%.  
    We have a number of currently pending acquisitions in our
    pipeline, which we expect to close during the fourth quarter of
    2010. These pending acquisitions:  
    would add a total of approximately 1,548,186 square feet to
    our current portfolio;
    have an aggregate purchase price of approximately $391,804,000,
    bringing our total expected asset portfolio in excess of
    $2 billion as of year-end 2010; and
    have an average occupancy rate of 96%.  
    Our asset management performance and acquisition performance has
    allowed us to realize a 63% and a 66% increase in our net
    operating income, or NOI, for the three and nine months ended
    September 30, 2010, respectively, as compared to the three
    and nine months ended September 30, 2009. NOI is a non-GAAP
    financial measure. For a reconciliation of NOI to net income
    (loss), see Net Operating Income.
    We maintained a strong occupancy rate of approximately 91% for
    the nine months ended September 30, 2010.  FFO
    and MFFO Performance
  
    For the three months ended September 30, 2010, our funds
    from operations, or FFO, has increased by 559% to $20,371,000
    from $3,092,000 for the three months ended September 30,
    2009. FFO is a non-GAAP financial measure. For a reconciliation
    of FFO to net income (loss), see Funds from Operations and
    Modified Funds from Operations. 39




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##### Table of Contents




    Our FFO of $55,931,000 for the nine months ended
    September 30, 2010 represents a 202% increase over our FFO
    of $18,504,000 recorded for the nine months ended
    September 30, 2009.
    For the nine months ended September 30, 2010, our FFO of
    $55,931,000 fully covered the $42,870,000 portion of our
    distributions that was paid in cash.
    For the three months ended September 30, 2010, our modified
    funds from operations, or MFFO, has increased by 80% to
    $21,390,000 from $11,869,000 for the three months ended
    September 30, 2009. MFFO is a
    non-GAAP
    financial measure. For a reconciliation of MFFO to net income
    (loss), see Funds from Operations and Modified Funds from
    Operations.
    Our MFFO of $63,782,000 for the nine months ended
    September 30, 2010 represents a 104% increase over our MFFO
    of $31,322,000 recorded for the nine months ended
    September 30, 2009.
    Our MFFO of $63,782,000 represented 76% of our distributions
    during the nine months ended September 30, 2010. This
    represents a percentage increase of 31% over our MFFO coverage
    rate of 58% for the nine months ended September 30, 2009.  Financing &
    Liquidity
  
    On October 13, 2010, we obtained an unsecured credit
    facility in the aggregate maximum principal amount of
    $200,000,000, subject to increase. This credit facility will
    afford us the ability to timely utilize corporate-level debt, if
    and when needed, for strategic acquisitions and other corporate
    purposes.
    On November 3, 2010, we obtained a commitment, subject to
    certain customary conditions to closing, from Wells Fargo Bank,
    N.A. for a variable rate senior secured real estate term loan in
    the maximum amount of $135,000,000 to refinance approximately
    $99,000,000 of certain debt maturing in 2010 and 2011 and to
    finance additional office and medical office buildings that are
    held as collateral. Concurrently, we entered into an interest
    rate swap on $75,000,000 of this secured term loan, effectively
    fixing the interest rate for this portion at 3.435%.
    We maintained a leverage ratio of our mortgage loans payable
    debt to total assets of 29.8%.
    We finished the period with a strong cash position, maintaining
    cash on hand of $221,186,000 as of September 30, 2010.
    During the nine months ended September 30, 2010, we secured
    approximately $79,125,000 in new long term financing with a
    weighted average interest rate of 5.75% and a weighted average
    term of 8.1 years. These loans are secured by our
    Greenville, Wisconsin MOB II, Deaconess, and NIH Triad
    properties.
    The long term financing and financing commitment we have secured
    since January 1, 2010, including the $135,000,000 secured
    real estate term loan commitment (subject to certain customary
    conditions to closing), has allowed us to reduce our overall
    cost of borrowing.  Self-Management
    Impact
  
    For the three and nine months ended September 30, 2010, we
    would have been required to pay acquisition, asset management
    and above market property management fees of approximately
    $7,933,000 and $24,887,000, respectively, to our former advisor
    if we were still subject to the advisory agreement under its
    original terms prior to the commencement of our transition to
    self-management.
    The cost of self-management during the three and nine months
    ended September 30, 2010 was approximately $2,839,000 and
    $7,057,000, respectively. Therefore, we achieved a cost savings
    of approximately $5,094,000 ($7,933,000 minus $2,839,000) for
    the three months ended September 30, 2010 and approximately 40




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##### Table of Contents



$17,830,000 ($24,887,000 minus $7,057,000) for the nine months
    ended September 30, 2010 resulting from our self-management
    cost structure.  
    Consistent with our self-management model, we have implemented
    another upgrade to our asset management capabilities by
    implementing Resolve Technologys business intelligence
    solution. The new information technology integrates and
    consolidates our existing technology platforms and provides
    management with reports that enable real-time visibility into
    asset and portfolio performance.  Stockholder
    Value Enhancement
  
    During the nine months ended September 30, 2010, we engaged
    J.P. Morgan Securities, LLC (JP Morgan) to act
    as our lead strategic advisor. JP Morgan will assist our board
    and management team in exploring various actions to maximize
    stockholder value, including the assessment of various liquidity
    alternatives. As we have previously disclosed, we intend to
    effect a liquidity event by September 2013.
    On October 18, 2010 we entered into a Redemption,
    Termination, and Release Agreement, or the
    Redemption Agreement, with our former advisor to purchase
    the limited partner interest, including all rights with respect
    to a subordinated distribution upon the occurrence of specified
    liquidity events and other rights that our former advisor held
    in our operating partnership. In addition, we have resolved all
    remaining issues with our former advisor. In connection with the
    execution of the Redemption Agreement, we made a one-time
    payment to our former advisor of $8,000,000.  Company
    Description
  day-to-day
         41




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##### Table of Contents



30-day
      (480) 998-3478. (888) 801-0107.
  Critical
    Accounting Policies
    Interim
    Unaudited Financial Data
   42




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##### Table of Contents



Recently
    Issued Accounting Pronouncements
    Acquisitions
    Completed During the Nine Months Ended September 30,
    2010
    Acquisitions
    Completed Subsequent to September 30, 2010
  
    On October 29, 2010, we completed the acquisition of a
    228,900 square foot Class A medical office building
    located less than one mile from Allegheny General Hospital, a
    flagship hospital in the West Penn Allegheny Health System, in
    Pittsburgh, Pennsylvania. The building is currently 100% leased
    and was purchased for approximately $39,000,000.
    On November 12, 2010, we purchased a multi-tenant medical
    office building located in Raleigh, North Carolina for
    $16,500,000. This building consists of 89,000 square feet
    and is currently over 98.2% occupied.
    On November 12, 2010, we purchased an additional medical
    office building within our Rendina portfolio for $14,034,000.
    This building, located in St. Louis, Missouri, consists of
    48,009 square feet and has an occupancy rate of over 96%.  Pending
    Acquisitions
  
    On August 12, 2010, we entered into purchase and sale
    agreements to purchase two medical office buildings within a
    medical office portfolio located in Santa Fe, New Mexico.
    One of the buildings within this portfolio was purchased during
    the three months ended September 30, 2010 for $9,560,000
    and is further described in Note 16, Business Combinations.
    The second building, the purchase price for which is
    approximately $6,232,000, consists of 19,290 square feet
    and is 100% occupied.
    On September 4, 2010, we entered into purchase and sale
    agreements to purchase two additional medical office buildings
    within the Rendina portfolio. These buildings, located in
    Tucson, Arizona and Wellington, Florida, comprise a total of
    approximately 108,151 square feet and each have an
    occupancy rate of 100%. The aggregate purchase price associated
    with these two medical office buildings is $29,174,000.
    On October 5, 2010, we signed purchase and sale agreements
    to acquire a portfolio of four medical office buildings located
    in Phoenix, Arizona for an aggregate purchase price of
    approximately $60,753,000. This portfolio consists of 270,843
    total square feet and has an aggregate occupancy of
    approximately 98.3%.
    On October 22, 2010, we entered into purchase and sale
    agreements to acquire a portfolio of nine medical office
    buildings located in Albany and Carmel, New York, North Adams,
    Massachusetts, and Temple Terrace, Florida for approximately
    $196,645,000. The total portfolio consists of approximately
    959,893 square feet and has an aggregate occupancy of 98%.
    On November 11, 2010, we signed a purchase and sale
    agreement to acquire a 220,000 square foot portfolio
    consisting of four long-term acute care hospitals located in
    Augusta, Georgia, Orlando and Tallahassee, Florida, and Dallas,
    Texas. These buildings, the aggregate purchase price for which
    is $99,000,000, are each 100% occupied.   43




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##### Table of Contents



Status of
    Our Offering
    Financing
  Unsecured
    Credit Facility
      Secured
    Term Loan Commitment
  12-month
    Entry
    into Redemption, Termination and Release Agreement
   44




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##### Table of Contents



Factors
    Which May Influence Results of Operations
    Rental
    Income
    Offering
    Proceeds
    Scheduled
    Lease Expirations
    Results
    of Operations
  Comparison
    of the Three and Nine Months Ended September 30, 2010 and
    2009
     45




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##### Table of Contents



Rental
    Income
      Rental
    Expenses
    Three Months Ended September 30,


Nine Months Ended September 30,2010


2009


2010


2009Real estate taxes

$
5,323,000


$
3,701,000


$
14,616,000


$
11,241,000Building maintenance


3,990,000



2,090,000



11,434,000



6,647,000Utilities


4,721,000



2,204,000



10,625,000



6,445,000Property management fees


679,000
(a)


734,000
(a)


1,967,000
(a)


2,506,000
(a)Administration


1,041,000



776,000



3,056,000



2,402,000Grounds maintenance


667,000



383,000



2,469,000



1,501,000Non-recoverable operating expenses


900,000



345,000



2,180,000



1,210,000Insurance


342,000



227,000



931,000



729,000Other


174,000



34,000



309,000



173,000Total rental expenses

$
17,837,000


$
10,494,000


$
47,587,000


$
32,854,000     (a)
    
    For the three and nine months ended September 30, 2010, the
    decrease in property management fees of $55,000 and $539,000
    relative to the three and nine months ended September 30,
    2009, respectively, is due to our ability to secure more
    favorable property management contracts and to therefore realize
    cost savings under our self-management structure throughout the
    current year.  General
    and Administrative Expenses
   46




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##### Table of Contents



Three Months Ended September 30,

Nine Months Ended September 30,2010




2009




2010




2009Professional and legal fees


965,000


(a)


711,000


(a)


2,330,000


(a)


2,410,000


(a)Bad debt expense


282,000





169,000





379,000


(b)


1,097,000


(b)Salaries and benefits


2,027,000


(c)


1,193,000


(c)


5,021,000


(c)


1,994,000


(c)Directors fees


224,000





134,000





506,000





436,000Directors and officers insurance premiums


136,000





124,000





409,000





371,000Bank charges


13,000





64,000





80,000





201,000Restricted stock compensation


514,000





543,000





879,000





660,000Investor services


312,000


(d)


651,000


(d)


898,000


(d)


771,000


(d)Postage


20,000





79,000





51,000





194,000Corporate office overhead


318,000


(e)


118,000


(e)


1,252,000


(e)


286,000


(e)Franchise & state taxes


(68,000
)




29,000





149,000





77,000Other


353,000





164,000





827,000





575,000$
5,096,000




$
3,979,000




$
12,781,000




$
9,072,000     (a)
    
    The increase in professional and legal fees for the three months
    ended September 30, 2010 of $254,000 as compared to the
    three months ended September 30, 2009 was primarily due to
    an increase in legal fees during the current quarter related to
    the filing of our preliminary proxy as well as to the proposed
    amendment of our charter as we continue to evaluate potential
    future liquidity alternatives. In addition, we experienced an
    increase in audit fees for our Quarterly Reports on
    Form 10-Q
    and our Annual Report on
    Form 10-K.
    The decrease in professional and legal fees for the nine months
    ended September 30, 2010 of $80,000 as compared to the nine
    months ended September 30, 2009 was due to a
    year-to-date
    decrease in one-time, non-recurring consulting and legal costs
    of $675,000 incurred during the nine months ended
    September 30, 2009, for, among other things, our transition
    to self-management. This decrease was offset by a $595,000
    increase in audit fees following our transition to self
    management for our Quarterly Reports on
    Form 10-Q
    and our Annual Report on
    Form 10-K.(b)
    
    The decrease in bad debt expense for the nine months ended
    September 30, 2010 of $718,000, as compared to the nine
    months ended September 30, 2009 was also primarily due to
    the
    year-to-date
    realization of performance efficiencies under our
    self-management structure and experienced third-party property
    management groups, which resulted in an increased collection
    effort and improved tenant oversight.(c)
    
    The increase in salaries and benefits for the three and nine
    months ended September 30, 2010 of $834,000 and $3,027,000,
    respectively, as compared to the three and nine months ended
    September 30, 2009 was due to an increase in the number of
    employees hired for self-management during 2009 and the nine
    months ended September 30, 2010. We had 44 employees
    as of September 30, 2010 as compared to 20 employees
    as of September 30, 2009.(d)
    
    The decrease in investor services expense for the three months
    ended September 30, 2010 of $339,000 as compared to the
    three months ended September 30, 2009 was primarily due to
    one-time transition costs incurred during the prior year
    comparable quarter in conjunction with our transition to
    self-management. Additionally, during the three months ended
    September 30, 2009, we incurred approximately $200,000 in
    proxy solicitation costs. For the current year, such proxy
    solicitation costs will not be incurred until the fourth quarter
    of 2010. The overall increase in investor services expense for
    the nine months ended September 30, 2010 of $127,000 was
    due to the introduction and implementation of the latest state
    of the art investor services platform provided by DST Systems,
    Inc. This upgrade was done in conjunction with our transition to
    self-management in the third quarter of 2009. These improved
    investor services provide our stockholders and their financial
    advisors with direct access to real-time information. In
    addition to the increased expense driven by our transition to a
    higher-quality investor services platform, our
    year-to-date 47




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##### Table of Contents



increase in expenses was also attributable to the increase in
    the number of our stockholders and to printing costs associated
    with our 2009 Annual Report.(e)
    
    The increase in corporate office overhead for the three and nine
    months ended September 30, 2010 of $200,000 and $966,000 is
    attributable to the increase in size of our organization and
    infrastructure resulting from being a fully self-managed company
    throughout 2010 as compared to the prior year, in which we were
    initially establishing our corporate office in Scottsdale,
    Arizona.  Asset
    Management Fees
    Acquisition-Related
    Expenses
      Depreciation
    and Amortization
   48




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##### Table of Contents



Three Months Ended September 30,


Nine Months Ended September 30,2010


2009


2010


2009Depreciation of properties

$
12,516,000


$
8,178,000


$
34,923,000


$
23,390,000Amortization of identified intangible assets


7,107,000



4,964,000



20,273,000



15,578,000Amortization of lease commissions


195,000



136,000



509,000



247,000Other assets


36,000



9,000



62,000



16,000Total depreciation and amortization

$
19,854,000


$
13,287,000


$
55,767,000


$
39,231,000   Interest
    Expense and Gain on Derivative Instruments
    Three Months Ended September 30,


Nine Months Ended September 30,2010


2009


2010


2009Interest expense on our mortgage loans payable and derivative
    instruments

$
8,031,000


$
6,493,000


$
24,663,000


$
20,269,000Amortization of deferred financing fees associated with our
    mortgage loans payable


379,000



374,000



1,131,000



1,117,000Amortization of deferred financing fees associated with our
    credit facility


45,000



95,000



235,000



286,000Amortization of debt discount or premium


24,000



69,000



347,000



207,000Unused credit facility fees


1,000



41,000



95,000



122,000Total interest expense


8,480,000



7,072,000



26,471,000



22,001,000Net gain on derivative financial instruments


(774,000
)


(66,000
)


(4,571,000
)


(3,357,000
)Total interest expense and gain on derivative financial
    instruments

$
7,706,000


$
7,006,000


$
21,900,000


$
18,644,000      49




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##### Table of Contents



Interest
    and Dividend Income
    Liquidity
    and Capital Resources
           50




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##### Table of Contents



Other
    Liquidity Needs
        Cash
    Flows
       51




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##### Table of Contents



Distributions
             52




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##### Table of Contents



Financing
      Mortgage
    Loans Payable, Net
    Revolving
    Credit Facility
    REIT
    Requirements
   53




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##### Table of Contents



Commitments
    and Contingencies
    Debt
    Service Requirements
      Off-Balance
    Sheet Arrangements
    Inflation
    Funds
    from Operations and Modified Funds from Operations
     54




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##### Table of Contents



one-time
    Acquisition-related expenses:
  Transition charges: self-management
 55




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##### Table of Contents



Three Months Ended September 30,2010





20092010


Per Share


2009


Per ShareNet income (loss)

$
1,008,000


$



$
(10,074,000
)

$
(0.08
)Add:Depreciation and amortization  consolidated properties


19,854,000



0.12



13,287,000



0.11Net income (loss) attributable to noncontrolling interest of
    limited partners


125,000







(70,000
)


Less:Depreciation and amortization related to noncontrolling interests


(616,000
)






(51,000
)


FFO attributable to controlling interest

$
20,371,000






$
3,092,000FFO per share  basic and diluted





$
0.12






$
0.03Add:Acquisition expenses


1,019,000



0.01



5,920,000



0.05Transition charges










2,857,000



0.02MFFO attributable to controlling interest

$
21,390,000






$
11,869,000MFFO per share  basic and diluted





$
0.13






$
0.10Weighted average common shares outstanding  basic


166,281,800



166,281,800



124,336,078



124,336,078Weighted average common shares outstanding  diluted


166,480,852



166,480,852



124,336,078



124,336,078     Nine Months Ended September 30,2010





20092010


Per Share


2009


Per ShareNet income (loss)

$
771,000


$



$
(20,409,000
)

$
(0.19
)Add:Depreciation and amortization  consolidated properties


55,767,000



0.36



39,231,000



0.37Net income (loss) attributable to noncontrolling interest of
    limited partners


60,000







(241,000
)


Less:Depreciation and amortization related to noncontrolling interests


(667,000
)






(77,000
)


FFO attributable to controlling interest

$
55,931,000






$
18,504,000FFO per share  basic and diluted





$
0.36






$
0.18Add:Acquisition expenses


6,845,000



0.04



9,100,000



0.08Transition charges


1,006,000



0.01



3,718,000



0.04MFFO attributable to controlling interest

$
63,782,000






$
31,322,000MFFO per share  basic and diluted





$
0.41






$
0.30Weighted average common shares outstanding  basic


155,480,689



155,480,689



105,257,482



105,257,482Weighted average common shares outstanding  diluted


155,679,741



155,679,741



105,257,482



105,257,482  56




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##### Table of Contents



Net
    Operating Income
      Three Months Ended September 30,


Nine Months Ended September 30,2010


2009


2010


2009Net income (loss)

$
1,008,000


$
(10,074,000
)

$
771,000


$
(20,409,000
)Add:General and administrative expense


5,096,000



3,979,000



12,781,000



9,072,000Acquisition-related expenses


1,019,000



5,920,000



6,845,000



9,100,000Asset management fees






1,196,000







3,783,000Depreciation and amortization


19,854,000



13,287,000



55,767,000



39,231,000Interest Expense


7,706,000



7,006,000



21,900,000



18,644,000Less:Interest and dividend income


(24,000
)


(60,000
)


(74,000
)


(233,000
)Net operating income

$
34,659,000


$
21,254,000


$
97,990,000


$
59,188,000   Subsequent
    Events
    Item 3.
    Quantitative
    and Qualitative Disclosures About Market Risk.  Form 10-K,
 57




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##### Table of Contents



Expected Maturity Date2010

2011

2012

2013

2014

Thereafter

Total

Fair ValueFixed rate debt - principal payments

$
1,094,000


$
4,855,000


$
19,789,000


$
18,373,000


$
47,746,000


$
236,675,000


$
328,532,000


$
355,443,000Weighted average interest rate on maturing debt


5.80
%


5.81
%


6.56
%


5.86
%


6.43
%


5.64
%


5.66
%


Variable rate debt - principal payments

$
79,957,000


$
173,024,000


$
914,000


$
927,000


$
193,000


$
8,797,000


$
263,812,000


$
263,403,000Weighted average interest rate on maturing debt (based on rates
    in effect as of September 30, 2010)


2.05
%


3.33
%


6.42
%


5.74
%


6.40
%


4.90
%


2.57
%


       Item 4.
    Controls
    and Procedures.  Evaluation of disclosure controls and
    procedures.
  Rules 13a-15(e) 15d-15(e)
  Changes in internal control over financial
    reporting.
 58




---



##### Table of Contents



PART II 
    OTHER INFORMATION  Item 1.
    Legal
    Proceedings.    Item 1A.
    Risk
    Factors.  Form 10-K,
    We may
    not have sufficient cash available from operations to pay
    distributions, and, therefore, distributions may be paid with
    offering proceeds or borrowed funds.
      Item 2.
    Unregistered
    Sales of Equity Securities and Use of Proceeds.  Use of
    Public Offering Proceeds
  Form S-11 No. 333-133652)
  Form S-11 No. 333-158418)
   59




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##### Table of Contents



Purchases
    of Equity Securities by the Issuer and Affiliated
    Purchasers
      Maximum ApproximateTotal Number of Shares

Dollar ValuePurchased as Part of

of Shares that MayPublicly

Yet be PurchasedTotal Number of

Average Price

Announced

Under thePeriod

Shares Purchased

Paid per Share

Plan or Program(1)

Plans or Programs(2)July 1, 2010 to July 31, 2010


1,216,328


$
9.55



1,216,328


$
August 1, 2010 to August 31, 2010


41,423


$
9.58



41,424


$
September 1, 2010 to September 30, 2010





$







$
     (1)
    
    Our board of directors adopted a share repurchase plan, which
    was publicly announced on September 20, 2006. Our board of
    directors adopted an amended share repurchase plan, which was
    publicly announced on August 25, 2008. Through
    September 30, 2010, we had repurchased
    5,151,988 shares of our common stock pursuant to our share
    repurchase plan. Our share repurchase plan does not have an
    expiration date but may be terminated at our board of
    directors discretion.(2)
    
    Subject to funds being available, we will limit the number of
    shares repurchased during any calendar year to 5.0% of the
    weighted average number of our shares outstanding during the
    prior calendar year.  Item 3.
    Defaults
    Upon Senior Securities.    Item 4.
    Reserved.  Item 5.
    Other
    Information.    Item 6.
    Exhibits.  Form 10-Q) Form 10-Q.
 60




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##### Table of Contents



SIGNATURES    Healthcare Trust of America, Inc.(Registrant)November 15, 2010

By:

/s/ Scott D. PetersDate



Scott D. PetersChief Executive Officer, President and Chairman (Principal
    executive officer)November 15, 2010

By:

/s/ Kellie S. PruittDate



Kellie S. PruittChief Financial Officer 
    (Principal financial officer and 
    Principal accounting officer)  61




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##### Table of Contents



EXHIBIT INDEX
    Regulation S-K,
  Form 10-Q Regulation S-K).
  3
.1

Third Articles of Amendment and Restatement of NNN
    Healthcare/Office REIT, Inc. (included as Exhibit 3.1 to
    our Annual Report on
    Form 10-K
    for the year ended December 31, 2006 and incorporated
    herein by reference)3
.2

Bylaws of NNN Healthcare/Office REIT, Inc. (included as
    Exhibit 3.2 to our Registration Statement on
    Form S-11
    (File
    No. 333-133652)
    filed on April 28, 2006 and incorporated herein by
    reference)3
.3

Amendment to the Bylaws of Grubb & Ellis Healthcare
    REIT, Inc., effective April 21, 2009 (included as
    Exhibit 3.4 to Post-Effective Amendment No. 11 to our
    Registration Statement on
    Form S-11
    (File
    No. 333-133652)
    filed on April 21, 2009 and incorporated herein by
    reference)3
.4

Articles of Amendment of Grubb & Ellis Healthcare
    REIT, Inc., effective August 24, 2009 (included as
    Exhibit 3.1 to our Current Report on
    Form 8-K
    filed August 27, 2009 and incorporated herein by reference)3
.5

Amendment to the Bylaws of Grubb & Ellis Healthcare
    REIT, Inc., effective August 24, 2009 (included as
    Exhibit 3.2 to our Current Report on
    Form 8-K
    filed August 27, 2009 and incorporated herein by reference)31
.1*

Certification of Chief Executive Officer, pursuant to
    Section 302 of the Sarbanes-Oxley Act of 200231
.2*

Certification of Chief Financial Officer, pursuant to
    Section 302 of the Sarbanes-Oxley Act of 200232
.1**

Certification of Chief Executive Officer, pursuant to
    18 U.S.C. Section 1350, as created by Section 906
    of the Sarbanes-Oxley Act of 200232
.2**

Certification of Chief Financial Officer, pursuant to
    18 U.S.C. Section 1350, as created by Section 906
    of the Sarbanes-Oxley Act of 2002     *
    
    Filed herewith.**
    
    Furnished herewith. 62