SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
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PURSUANT TO SECTION13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported):
JANUARY 14, 2004
RECKSON ASSOCIATES REALTY CORP.
AND
RECKSON OPERATING PARTNERSHIP, L.P.
(EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)
RECKSON ASSOCIATES REALTY CORP.
MARYLAND
RECKSON OPERATING PARTNERSHIP, L.P.
DELAWARE
(STATE OR OTHER JURISDICTION OF INCORPORATION OR ORGANIZATION)
Reckson Associates Realty Corp.
1-13762 11-3233650
Reckson Operating Partnership, L.P.
11-3233647
(COMMISSION FILE NUMBER) (IRS EMPLOYER ID. NUMBER)
225 BROADHOLLOW ROAD
MELVILLE, NEW YORK 11747
(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES) (ZIP CODE)
(631) 694-6900
(REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE)
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ITEM 5. OTHER EVENTS
Reckson Associates Realty Corp. (the "Company") and Reckson Operating
Partnership, L.P. ("Operating Partnership") are revising their historical
financial statements in accordance with Statement of Financial Accounting
Standards ("SFAS") No. 144, "Accounting for the Impairment or Disposal of
Long-Lived Assets" ("SFAS 144"). During November 2003, the Company through the
Operating Partnership sold certain properties and in compliance with SFAS 144
has reported revenues and expenses from these properties as income from
discontinued operations for each period presented in its quarterly report filed
for the quarter ended September 30, 2003 (including the comparable period of the
prior year). Consistent with the rules and regulations of the SEC applicable to
us we are reclassifing the reported revenue and expenses from these properties
as income from discontinued operations in our annual financial statements for
each of the three years shown in the Company's and the Operating Partnership's
last annual report on Form 10-K for the year ended December 31, 2002, since
those financials are incorporated by reference in subsequent filings with the
SEC made under the Securities Act of 1933, as amended, even though those
financial statements relate to a period prior to the date of the sale. These
reclassifications have no effect on the Company's or the Operating Partnership's
reported net income available to common shareholders or funds from operations
("FFO"). This Report on Form 8-K updates Items 6, 7, 8 and 15(a)1 of the
Company's and the Operating Partnership's Forms 10-K to reflect those properties
sold during 2003 as discontinued operations. All other items of the Form 10-K
remain unchanged. No attempt has been made to update matters in the Form 10-K
except to the extent expressly provided above.
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ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS
(c) EXHIBITS
23.1 Consent of Independent Auditors - Reckson Associates Realty Corp.
23.2 Consent of Independent Auditors - Reckson Operating Partnership,
L.P.
31.1 Certification of Scott H. Rechler, Chief Executive Officer and
President of Reckson Associates Realty Corp., pursuant to Rule
13a-14(a) or Rule 15(d)-14(a)
31.2 Certification of Michael Maturo, Executive Vice President and Chief
Financial Officer of Reckson Associates Realty Corp., pursuant to
Rule 13a-14(a) or Rule 15(d)-14(a)
31.3 Certification of Scott H. Rechler, Chief Executive Officer and
President of Reckson Associates Realty Corp., the sole general
partner of Reckson Operating Partnership, L.P., pursuant to Rule
13a-14(a) or Rule 15(d)-14(a)
31.4 Certification of Michael Maturo, Executive Vice President and Chief
Financial Officer of Reckson Associates Realty Corp., the sole
general partner of Reckson Operating Partnership, L.P., pursuant to
Rule 13a-14(a) or Rule 15(d)-14(a)
32.1 Certification of Scott H. Rechler, Chief Executive Officer and
President of Reckson Associates Realty Corp., pursuant to Section
1350 of Chapter 63 of Title 18 of the United States Code
32.2 Certification of Michael Maturo, Executive Vice President and Chief
Financial Officer of Reckson Associates Realty Corp., pursuant to
Section 1350 of Chapter 63 of Title 18 of the United States Code.
32.3 Certification of Scott H. Rechler, Chief Executive Officer and
President of Reckson Associates Realty Corp., the sole general
partner of Reckson Operating Partnership, L.P., pursuant to Section
1350 of Chapter 63 of Title 18 of the United States Code
32.4 Certification of Michael Maturo, Executive Vice President and Chief
Financial Officer of Reckson Associates Realty Corp., the sole
general partner of Reckson Operating Partnership, L.P., pursuant to
Section 1350 of Chapter 63 of Title 18 of the United States Code
99.1 Reckson Associates Realty Corp., revised financial information for
the years ended December 31, 2002, 2001 and 2000 for the adoption of
SFAS No. 144, "Accounting for the Impairment or Disposal of
Long-Lived Assets"
99.2 Reckson Operating Partnership, L.P., revised financial information
for the years ended December 31, 2002, 2001 and 2000 for the
adoption of SFAS No. 144, "Accounting for the Impairment or
Disposal of Long-Lived Assets"
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
RECKSON ASSOCIATES REALTY CORP.
By: /s/ Michael Maturo
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Michael Maturo
Chief Financial Officer
Date: January 14, 2004
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