 NEW YORK AP _ Columbia Property Trust Inc. CXP on Thursday reported a key measure of profitability in its first quarter. The real estate investment trust, based in New York, said it had funds from operations of 45.2 million, or 39 cents per share, in the period. Funds from operations is a closely watched measure in the REIT industry. It takes net income and adds back items such as depreciation and amortization. The company said it had net income of 6.3 million, or 5 cents per share. The real estate investment trust posted revenue of 76.3 million in the period. The companys shares have declined 32 since the beginning of the year. In the final minutes of trading on Thursday, shares hit 14.29, a fall of 37 in the last 12 months. ___ This story was generated by Automated Insights using data from Zacks Investment Research. Access a Zacks stock report on CXP at 