Newton-based Government Properties Income Trust (GOV) reported $14.2 million in funds from operations for the second quarter, compared to $9.7 million for the same quarter last year.

The firm completed an initial public offering in June 2009. Prior to completing its IPO, GOV and its properties were wholly owned by CommonWealth REIT.

Net income available for common shareholders for the second quarter was $7.7 million, compared to $5.9 million for the same period last year.

Funds from operations were $26.7 million  for the six months ended June 30, 2010, compared to $21.7 million, for the same period last year.

Since April 1, 2010, GOV said in a statement it has acquired or has entered purchase and sale agreements to acquire 20 properties for an aggregate purchase price of $367 million, excluding acquisition costs. The properties include a 125,000 square foot office property in Malden, purchased for $40.5 million; a 26,600 square foot office property in Burlington, Vt., purchased for $9.7 million; a 250,000 square foot  office property in Eagan, Minn., purchased for $19.5 million; and a group of 15 properties comprising 1.9 million square feet purchased from CommonWealth REIT for an aggregate purchase price of $231 million, excluding acquisition costs.