Very high tenant credit quality with approximately 74% of the company's total annual rent attributable to U.S. federal government agencies. Relatively small asset base and narrow investment focus. "Modest" financial profile with low leverage and above-average debt service coverage. High percentage of floating-rate debt and short average debt tenor bolster debt coverage measures. We expect Government Properties Income Trust's (GOV) focus on primarily U.S. government-leased buildings to result in stable, predictable cash flows and low tenant risk. Additionally, we expect the company to maintain stronger-than-average credit metrics to offset the risk of its small portfolio and relatively short-weighted average remaining lease term. We could lower our rating on the company if additional government tenants do not renew expiring leases and
