7Baggers
Quarterly
Annual
    Unit: USD2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31 2020-09-30 2020-06-30 2020-03-31 2019-12-31 2019-09-30 2019-06-30 2019-03-31 2018-12-31 2018-09-30 2018-06-30 2018-03-31 2017-12-31 2017-09-30 2017-06-30 2017-03-31 2016-12-31 2016-09-30 2016-06-30 2016-03-31 2015-12-31 2015-09-30 2015-06-30 2015-03-31 2014-12-31 2014-09-30 2014-06-30 2014-03-31 2013-12-31 2013-09-30 2013-06-30 2013-03-31 2012-12-31 2012-09-30 2012-06-30 2012-03-31 2011-12-31 2011-09-30 2011-06-30 2011-03-31 2010-12-31 2010-09-30 2010-06-30 2010-03-31 2009-12-31 2009-09-30 2009-06-30 2009-03-31 2008-12-31 2008-09-30 2008-06-30 2006-12-31 2006-09-30 2006-06-30 2006-03-31 2005-12-31 2005-09-30 2005-06-30 2005-03-31 2004-12-31 2004-09-30 2004-06-30 2004-03-31 2003-12-31 2003-09-30 2003-06-30 2003-03-31 2002-12-31 
      
    		                                                                                       
      rental and other revenues
    		201,773,000 200,600,000 200,383,000 205,526,000 204,323,000 204,738,000 211,275,000 206,859,000 207,095,000 207,291,000 212,752,000 211,713,000 206,997,000 203,841,000 206,378,000 203,205,000 195,495,000 185,502,000 183,805,000 179,904,000 181,043,000 183,153,000 192,800,000 192,071,000 187,475,000 184,070,000 172,363,000 181,388,000 179,417,000 178,792,000 180,438,000 175,861,000 180,185,000 177,283,000 169,408,000 167,646,000 166,269,000 166,860,000 164,859,000 122,489,000 163,736,000 161,136,000 157,310,000 154,664,000 152,629,000 152,722,000 148,453,000 140,849,000 147,294,000 138,515,000 137,030,000 133,982,000 128,214,000 130,735,000 129,943,000 128,730,000 122,086,000 117,057,000 115,592,000 117,865,000 116,063,000 114,339,000 115,818,000 113,518,000 114,229,000 113,310,000 115,966,000 114,849,000 116,207,000 115,853,000 102,865,000 106,291,000 105,803,000 104,249,000 90,670,000 106,524,000 106,705,000 115,527,000 113,636,000 114,260,000 118,481,000       
      operating expenses:
    		                                                                                       
      rental property and other incomes
    		65,923,000 63,655,000 65,034,000 71,473,000 65,706,000 64,559,000 70,435,000 69,551,000 67,193,000 66,307,000 65,731,000 69,681,000 66,334,000 62,369,000 61,422,000 63,454,000 60,567,000 56,226,000 56,189,000 57,612,000 56,892,000 55,119,000 62,202,000 63,267,000 64,135,000 60,558,000 60,551,000 62,167,000 61,153,000 59,663,000 59,432,000 59,404,000 61,234,000 58,854,000 57,396,000 57,370,000 58,620,000 57,515,000 57,580,000 41,392,000 59,758,000 57,278,000 57,513,000 56,456,000 57,383,000 55,275,000 56,390,000 51,542,000 55,365,000 49,633,000 48,941,000 49,302,000 47,233,000 47,089,000 46,124,000 47,788,000 46,019,000 41,143,000 41,379,000 40,844,000 43,505,000 38,324,000 42,096,000 41,141,000 42,939,000 39,458,000 41,797,000 43,142,000 42,165,000 41,572,000 39,000,000 40,086,000 37,938,000 37,263,000 33,526,000 39,765,000 36,720,000 40,821,000 40,993,000 41,693,000 42,423,000       
      depreciation and amortization
    		73,898,000 74,679,000 71,405,000 72,514,000 79,116,000 73,745,000 73,671,000 78,995,000 74,765,000 75,018,000 70,633,000 75,144,000 73,057,000 69,742,000 69,667,000 69,832,000 66,547,000 61,949,000 60,927,000 60,671,000 60,303,000 59,461,000 61,150,000 64,990,000 60,850,000 59,460,000 69,204,000 58,032,000 57,661,000 56,694,000 57,568,000 58,898,000 56,973,000 55,816,000 56,145,000 58,406,000 52,923,000 55,317,000 53,494,000 45,718,000 54,652,000 51,240,000 50,308,000 49,128,000 48,287,000 50,443,000 48,165,000 46,567,000 48,124,000 42,394,000 42,144,000 40,563,000 38,651,000 40,276,000 38,362,000 39,552,000 36,320,000 33,430,000 33,812,000 35,430,000 34,281,000 33,353,000 32,912,000 32,605,000 32,637,000 32,931,000 33,424,000 32,408,000 32,109,000 31,365,000 28,370,000 29,056,000 29,596,000 28,706,000 22,885,000 29,888,000 29,969,000 35,122,000 29,308,000 33,419,000 34,411,000 34,316,000 33,451,000 31,543,000 32,412,000 33,294,000  
      impairments of real estate assets
    		8,800,000            1,515,000 35,000,000        1,778,000   5,318,000 531,000       1,445,000             588,000    1,066,000 415,000                                     
      general and administrative
    		8,995,000 10,319,000 12,457,000 10,149,000 9,898,000 9,357,000 12,499,000 12,189,000 8,873,000 9,380,000 12,415,000 9,533,000 9,586,000 9,591,000 13,556,000 10,144,000 10,350,000 10,107,000 9,952,000 10,862,000 9,155,000 10,084,000 10,930,000 10,409,000 11,717,000 9,560,000 12,381,000 9,137,000 9,551,000 9,540,000 11,778,000 9,861,000 9,247,000 9,050,000 11,490,000 8,826,000 9,863,000 8,327,000 11,137,000 8,131,000 9,182,000 8,892,000 11,437,000 9,250,000 7,526,000 8,733,000 10,714,000 9,245,000 8,969,000 8,397,000 10,582,000 9,079,000 9,725,000 8,900,000 9,673,000 7,744,000 12,212,000 7,978,000 7,793,000 8,579,000 8,882,000 6,980,000 8,507,000 9,396,000 9,485,000 9,486,000 8,315,000 8,681,000 8,885,000 10,766,000 11,011,000 8,546,000 9,060,000 8,692,000 9,150,000 7,430,000 8,124,000 8,429,000 13,136,000 10,089,000 7,869,000 12,167,000 6,671,000 6,276,000  5,344,000  
      total operating expenses
    		157,616,000 148,653,000 148,896,000 178,736,000 154,720,000 147,661,000 156,605,000 160,735,000 150,831,000 150,705,000 148,779,000 154,358,000 150,492,000 176,702,000 144,645,000 143,430,000 137,464,000 128,282,000 127,068,000 129,145,000 126,350,000 126,442,000 134,282,000 138,666,000 142,020,000 130,109,000 142,136,000 129,759,000 128,365,000 125,897,000 128,778,000 128,163,000 128,899,000 123,720,000 125,031,000 124,602,000 121,406,000 121,159,000 122,211,000 95,241,000 123,592,000 117,410,000 119,258,000 114,834,000 113,196,000 115,039,000 115,269,000 107,354,000 112,458,000 101,490,000 102,082,000 98,944,000 95,609,000 96,265,000 94,159,000 95,084,000 96,980,000 82,551,000 82,984,000 84,853,000 86,668,000 78,657,000 83,515,000 96,660,000 85,061,000 81,875,000 83,536,000 117,077,000 83,159,000 83,703,000 78,381,000 80,288,000 76,594,000 74,661,000 65,561,000 81,498,000 75,413,000 86,944,000 84,207,000 85,701,000 84,703,000 85,648,000 -7,897,000 103,944,000 104,385,000 104,257,000  
      interest expense
    		38,475,000 37,665,000 36,642,000 37,270,000 37,472,000 35,904,000 36,552,000 35,302,000 34,247,000 34,063,000 33,098,000 29,573,000 26,392,000 25,027,000 24,393,000 25,098,000 21,986,000 19,001,000 19,768,000 19,959,000 19,886,000 19,840,000 21,277,000 22,026,000 20,527,000 20,356,000 18,739,000                                                             
      other income
    		1,753,000 4,629,000 1,625,000 1,778,000 1,872,000 7,455,000 1,232,000 1,353,000 754,000 1,181,000 1,147,000 155,250 138,000 120,000 363,000   332,000 312,000                                                                     
      gains on disposition of property
    		5,674,000  82,215,000 4,236,000 350,000 35,022,000 7,209,000 27,955,000  19,368,000 450,000  9,402,000 50,044,000 4,100,000 93,688,000 38,572,000 22,862,000 18,937,000 52,500,000 10,012,000 318,000 153,067,000 29,299,000 3,515,000 6,703,000  20,663,000 3,000 16,972,000  28,976,000 19,849,000  5,332,000 647,000 3,902,000 5,861,000 4,397,000 2,645,250 7,012,000 2,412,000 1,157,000             302,000 262,000 200,000  19,000 19,000 17,000 19,000 19,000 34,000 194,000     7,862,000 2,977,000 1,008,000 4,310,000 2,869,750 9,693,000 1,383,000 403,000 4,445,750 2,308,000 14,405,000       
      equity in earnings of unconsolidated affiliates
    		598,000 310,000 1,315,000 1,268,000 1,116,000 1,120,000 654,000 -795,000 400,000 798,000 704,000 452,000 457,000 326,000 300,000 333,000 546,000 431,000 637,000 1,040,000 823,000 1,179,000 963,000 907,000 940,000 765,000 664,000 597,000 573,000 546,000 522,000 647,000 5,047,000 755,000 955,000 783,000 2,808,000 917,000 1,285,000 711,000 780,000 1,776,000    667,000    913,000  2,365,000 1,324,000 1,508,000  945,000 1,113,000 1,353,000 1,467,000 1,120,000 1,018,000 888,000 10,890,000 1,577,000 682,000 1,862,000 1,300,000 1,155,000 1,214,000 1,520,000 1,492,000 1,342,000 1,924,000 2,083,000 2,339,000 2,060,000 2,263,000 2,641,000 1,934,000 2,631,000 1,549,000 1,402,000 1,848,000 1,626,000  1,761,000  
      net income
    		13,707,000 19,221,000 100,000,000 -3,198,000 15,469,000 64,770,000 27,213,000 39,335,000 23,171,000 43,870,000 44,954,000 29,143,000 40,110,000 52,602,000 42,103,000 129,024,000 75,587,000 61,844,000 56,855,000 85,287,000 42,331,000 38,956,000 191,340,000 62,346,000 29,557,000 41,394,000 8,386,000 55,377,000 35,009,000 52,998,000 34,246,000 59,075,000 59,549,000 39,554,000 33,485,000 27,036,000 33,840,000 33,528,000 446,735,000 21,917,000 31,617,000 26,891,000 20,835,000 23,585,000 54,299,000 24,512,000 13,576,000 31,690,000 56,068,000 29,579,000 13,760,000 15,609,000 35,796,000 14,498,000 18,332,000 12,850,000 8,244,000 14,434,000 12,443,000 11,399,000 8,773,000 40,049,000 12,082,000 -1,153,000 12,573,000 37,074,000 13,200,000 -13,345,000 14,711,000 14,983,000 24,416,000 8,909,000 6,273,000 14,146,000 6,999,000 22,871,000 11,434,000 21,154,000 9,674,000 21,559,000 5,398,000 5,884,000 12,930,000 21,473,000 10,120,000 11,172,000  
      yoy
    		-11.39% -70.32% 267.47% -108.13% -33.24% 47.64% -39.46% 34.97% -42.23% -16.60% 6.77% -77.41% -46.94% -14.94% -25.95% 51.28% 78.56% 58.75% -70.29% 36.80% 43.22% -5.89% 2181.66% 12.58% -15.57% -21.90% -75.51% -6.26% -41.21% 33.99% 2.27% 118.50% 75.97% 17.97% -92.50% 23.36% 7.03% 24.68% 2044.16% -7.07% -41.77% 9.71% 53.47% -25.58% -3.16% -17.13% -1.34% 103.02% 56.63% 104.02% -24.94% 21.47% 334.21% 0.44% 47.33% 12.73% -6.03% -63.96% 2.99% -1088.64% -30.22% 8.02% -8.47% -91.36% -14.53% 147.44% -45.94% -249.79% 134.51% 5.92% 248.85% -61.05% -45.14% -33.13% -27.65% 6.09% 111.82% 259.52% -25.18% 0.40% -46.66% -47.33%      
      qoq
    		-28.69% -80.78% -3226.95% -120.67% -76.12% 138.01% -30.82% 69.76% -47.18% -2.41% 54.25% -27.34% -23.75% 24.94% -67.37% 70.70% 22.22% 8.77% -33.34% 101.48% 8.66% -79.64% 206.90% 110.93% -28.60% 393.61% -84.86% 58.18% -33.94% 54.76% -42.03% -0.80% 50.55% 18.12% 23.85% -20.11% 0.93% -92.49% 1938.30% -30.68% 17.57% 29.07% -11.66% -56.56% 121.52% 80.55% -57.16% -43.48% 89.55% 114.96% -11.85% -56.39% 146.90% -20.91% 42.66% 55.87% -42.88% 16.00% 9.16% 29.93% -78.09% 231.48% -1147.88% -109.17% -66.09% 180.86% -198.91% -190.71% -1.82% -38.63% 174.06% 42.02% -55.66% 102.11% -69.40% 100.03% -45.95% 118.67% -55.13% 299.39% -8.26% -54.49% -39.78% 112.18% -9.42%   
      net income margin %
    		                                                                                       
      net (income) attributable to noncontrolling interests in the operating partnership
    		-256,000 -365,000 -1,956,000 71,000 -297,000 -1,281,000 -533,000 -778,000 -453,000 -947,000 -986,000 -621,000 -881,000 -1,203,000 -965,000 -3,237,000 -1,967,000 -1,624,000 -1,493,000 -2,254,000 -1,107,000 -1,017,000 -4,960,000 -1,577,000 -737,000 -1,044,000 -193,000 -1,417,000 -902,000 -1,381,000 -888,000 -1,557,000 -1,571,000 -1,043,000 -888,000 -720,000 -926,000 -939,000 -13,011,000 -622,000 -918,000 -782,000 -596,000 -729,000 -1,673,000 -742,000 -398,000 -978,000 -1,889,000 -1,243,000 -581,000 -688,000 -1,653,000 -686,000 -827,000 -595,000 -366,000 -623,000 -507,000 -501,000 -366,000 -1,933,000 -520,000 142,000 -591,000 -2,054,000                      
      net income attributable to noncontrolling interests in consolidated affiliates
    		2,000  26,000 3,750 8,000  5,000                                                            -18,000                     
      dividends on preferred stock
    		-576,000 -586,000 -621,000 -621,000 -622,000 -621,000 -621,000 -621,000 -622,000 -621,000 -621,000 -622,000 -621,000 -622,000 -621,000 -622,000 -621,000 -621,000 -622,000 -622,000 -622,000 -622,000 -622,000 -622,000 -622,000 -622,000 -622,000 -623,000 -623,000 -623,000 -623,000 -623,000 -623,000 -623,000 -623,000 -624,000 -624,000 -627,000 -626,000 -627,000 -626,000 -626,000 -627,000 -626,000 -627,000 -627,000 -627,000 -627,000 -627,000 -627,000 -627,000 -627,000 -627,000 -627,000 -627,000 -627,000 -627,000 -1,622,000 -1,677,000 -1,677,000 -1,677,000 -1,677,000 -1,677,000 -1,677,000 -1,677,000 -1,677,000 -1,677,000 -1,677,000 -2,451,000 -2,838,000 -4,113,000 -4,113,000 -4,113,000 -4,724,000 -5,113,000 -6,699,000 -7,713,000 -7,713,000 -7,713,000 -7,713,000 -7,713,000 -7,713,000      
      net income available for common stockholders
    		12,877,000 18,270,000 97,449,000 -3,729,000 14,558,000 62,870,000 26,064,000 37,997,000 22,101,000 42,298,000 43,834,000 27,550,000 38,251,000 50,511,000 40,260,000 124,922,000 72,105,000 59,305,000 54,459,000 82,109,000 40,304,000 37,028,000 185,473,000 59,852,000 27,901,000 39,422,000 7,255,000 53,048,000 33,160,000 50,686,000 32,449,000 56,570,000 57,040,000 37,589,000 31,674,000 25,380,000 31,971,000 31,648,000 432,790,000 20,352,000 29,749,000 25,155,000 19,316,000 21,916,000 51,708,000 22,705,000 12,128,000 29,729,000 53,349,000 27,522,000 12,349,000 14,074,000 33,357,000 12,962,000 16,694,000 11,427,000 7,002,000 10,112,000 10,136,000 9,017,000 6,878,000 36,224,000 9,671,000 -2,541,000 10,281,000 33,227,000 10,811,000 -15,022,000 12,152,000 12,145,000 20,303,000 4,796,000 2,160,000 7,619,000 1,886,000 11,900,000   1,961,000 13,846,000   5,217,000 13,760,000 2,407,000 3,459,000  
      earnings per common share – basic:
    		                                                                                       
      weighted-average common shares outstanding – basic
    		108,403,000 107,825,000 107,683,000 106,167,000 106,010,000 105,996,000 105,804,000 105,529,000 105,671,000 105,457,000 105,288,000 105,120,000 105,184,000 105,163,000 104,933,000 104,232,000 104,277,000 104,106,000 103,963,000 103,876,000 103,896,000 103,886,000 103,813,000 103,692,000 103,727,000 103,693,000 103,600,000 103,439,000 103,471,000 103,428,000 103,324,000 102,682,000 103,237,000 102,475,000 101,738,000 98,439,000 98,973,000 97,648,000 96,373,000 94,404,000 94,693,000 94,055,000 93,222,000 90,743,000 90,668,000 90,254,000 89,966,000 85,335,000 87,467,000 82,811,000 81,029,000 75,811,000 76,590,000 74,662,000 72,836,000 72,281,000 72,492,000  71,817,000 71,578,000   71,414,000 67,971,000       54,489,000    53,732,000    53,323,000   53,542,000 53,272,000     
      earnings per common share – diluted:
    		                                                                                       
      weighted-average common shares outstanding – diluted
    		110,522,000 109,976,000 109,834,000 108,319,000 108,161,000 108,147,000 107,958,000 107,785,000 107,832,000 107,808,000 107,646,000 107,567,000 107,601,000 107,654,000 107,453,000 107,061,000 107,139,000 106,964,000 106,810,000 106,714,000 106,740,000 106,730,000 106,633,000 106,445,000 106,471,000 106,445,000 106,357,000 106,268,000 106,333,000 106,267,000 106,165,000 105,594,000 106,145,000 105,386,000 104,661,000 101,398,000 101,939,000 100,628,000 99,357,000 97,406,000 97,661,000 97,049,000 96,279,000 93,800,000 93,723,000 93,312,000 93,030,000 88,836,000 90,769,000 86,631,000 84,862,000 79,678,000 80,495,000 78,521,000 76,696,000 76,189,000 76,402,000  75,792,000 75,578,000   75,397,000 72,079,000       61,362,000    53,732,000    60,024,000   53,542,000 53,409,000     
      gain on deconsolidation of affiliate
    		          11,778,000                                                                             
      net (income)/loss attributable to noncontrolling interests in consolidated affiliates
    		     2,000  61,000 5,000 -4,000 487,000                                             -138,500 -249,000   -70,250 148,000                           
      net (income) attributable to noncontrolling interests in consolidated affiliates
    		           -350,000 -357,000 -266,000 -257,000 -243,000 -894,000 -294,000 -281,000 -302,000 -298,000 -289,000 -285,000 -295,000 -297,000 -306,000 -316,000 -289,000 -324,000 -308,000 -286,000 -325,000 -315,000 -299,000 -300,000 -312,000 -319,000 -314,000 -308,000 -316,000 -324,000 -328,000 -296,000 -314,000 -291,000 -438,000 -423,000 -356,000 -203,000 -187,000 -203,000 -220,000 -159,000 -223,000 -184,000   -182,000 -123,000   -215,000 -214,000 147,000 -24,000 -116,000                      
      other income/
    		               326,000 424,000   947,000 -3,311,000 588,000 69,000 761,000 174,000 321,000 -3,766,000                                                             
      interest expense:
    		                                                                                       
      contractual
    		                           16,986,000 16,719,000 17,155,000 17,705,000 17,176,000 16,395,000 15,345,000 17,023,000 17,031,000 17,722,000 18,674,000 19,715,000 20,462,000 20,484,000 20,857,000 20,442,000 19,935,000 20,962,000 20,640,000 20,750,000 20,959,000 22,683,000 22,398,000 22,798,000 22,529,000 22,910,000 23,643,000 23,948,000 23,111,000 23,356,000 22,940,000 22,431,000 22,199,000 22,020,000 21,705,000 21,802,000 21,457,000 20,001,000 19,945,000 20,579,000 23,055,000 22,995,000 23,345,000 22,374,000 23,809,000 24,338,000 23,913,000 24,232,000 24,490,000 24,994,000 25,588,000 25,983,000 25,636,000 27,371,000 26,057,000 27,575,000 28,122,000 27,822,000 27,674,000  
      amortization of debt issuance costs
    		                           731,000 718,000 722,000 686,000 721,000 796,000 809,000 840,000 861,000 844,000 811,000 990,000                                                 
      other income:
    		                                                                                       
      interest and other income
    		                           205,000 818,000 462,000 455,000 503,000 558,000 564,000 684,000 454,000 833,000 534,000 517,000 -1,506,000 1,038,000 1,199,000 1,238,000 1,576,000 1,054,000 1,410,000 1,399,000 1,615,000 1,582,000 1,617,000 1,783,000 1,470,000 1,916,000 1,737,000 2,230,000 2,110,000 1,505,000 1,899,000 1,873,000 1,986,000 1,710,000 966,000 1,700,000 1,648,000 3,324,000 2,284,000 1,007,000 407,000 1,019,000 1,604,000 2,674,000 1,189,000 1,162,000 1,986,000 1,606,000 2,136,000 1,411,000 1,980,000 1,332,000 1,735,000 1,482,000 3,346,000 3,342,000 2,506,000 3,229,000 2,890,000  
      gains on debt extinguishment
    		                               206,500  826,000                                                      
      income before disposition of investment properties and activity in unconsolidated affiliates
    		                           25,909,250 34,433,000 35,480,000 33,724,000                                                         
      dividends declared per common share
    		                           346.875 462.5 462.5 462.5 330 440 440 440 318.75 425 425 425 318.75 425 425 425 318.75 425 425 425 318.75 425 425 425 318.75 425 425 425 318.75 425 425  318.75 425 425  318.75 425 425 425 425 425 425 425 425 425 425 425 425 425 425 425 425 425 425      
      income from continuing operations before disposition of investment properties and activity in unconsolidated affiliates
    		                               29,452,000 34,653,000 38,799,000 27,198,000 25,606,000 27,130,000 26,750,000 22,460,000 4,604,000 19,670,000 22,703,000 17,867,000 20,477,000 17,813,000 17,898,000                                          
      income from continuing operations
    		                               59,075,000 59,549,000 39,554,000 33,485,000 27,036,000 33,840,000 33,528,000 28,142,000 6,178,000 31,617,000 26,891,000 20,835,000 23,585,000 54,299,000 24,512,000 13,192,000 17,318,000 17,026,000 16,232,000 13,135,000 15,609,000 12,313,000 12,357,000 13,115,000 12,850,000 5,402,000 14,143,000 12,443,000 11,399,000 8,773,000 40,112,000 11,894,000 -2,017,000 12,718,000 15,350,000 13,127,000 -20,505,000 11,721,000 9,907,000 13,274,000 6,003,000 6,088,000 11,754,000 5,722,000 12,144,000 8,882,000 5,681,000 7,157,000 20,381,000 8,869,000 1,662,000 4,976,000 7,186,000 4,994,000 9,076,000  
      discontinued operations:
    		                                                                                       
      income from discontinued operations
    		                                      4,097,000         2,933,000 1,096,000 184,000 94,000  547,000 756,000 83,000 224,250 269,000 291,000  102,750  197,000 14,000 37,000 232,000 781,000  120 50 90 210 50  40 30 200 50 290 50 20  80 150 270 100 40  
      net gains on disposition of discontinued operations
    		                                      414,496,000        384,000 11,439,000 37,946,000 13,163,000 1,244,000 7,363,750 22,936,000 1,385,000 5,134,000        174,000                         
      income from continuing operations available for common stockholders
    		                               550 550 370 310 250 320 320 270 50 310 270 210 240 570 250 130 180 180 180 140 180 150 150 160 160 60 140 140 120 100 510 140 122.5 150 190 170                     
      income from discontinued operations available for common stockholders
    		                                   -30   4,220         150 430 150 10  290 20 70  40       10  310                      
      net income available for common stockholders:
    		                                                                                       
      financing obligation
    		                                       -491,000 155,000 317,000                                              
      losses on debt extinguishment
    		                                       -23,000     -326,000   -3,000 -32,000  -164,000   -973,000                                  
      gain on disposition of investment in unconsolidated affiliate
    		                                        4,155,000                                               
      amortization of deferred financing costs
    		                                       1,144,000 873,000 828,000 800,000 812,000 819,000 799,000 652,000 942,000 963,000 948,000 949,000 976,000 907,000 900,000 902,000 864,000 806,000 821,000 821,000 857,000 858,000 835,000 835,000 782,000 627,000 689,000 662,000 678,000 714,000 686,000 492,000 557,000 582,000 744,000 864,000 823,000 838,000 847,000 847,000 782,000 925,000 855,000 876,000 819,000 757,000 626,000  
      gains/(losses) on debt extinguishment
    		                                         -220,000    18,000                                          
      financing obligations
    		                                          181,000 182,000 567,000 -226,000 -40,000 -24,000 26,000 -60,000 121,000 -52,000 -205,000 -48,000 -48,000 184,000 228,000 146,000 291,000 931,000 460,000 394,000 476,000 -21,000 706,000 710,000 735,000 631,000 783,000 764,000 972,000 850,000 1,398,000 942,000 914,000 1,073,000 1,398,000 1,647,000 2,626,000 1,378,000 1,426,000       
      equity in earnings/(losses) of unconsolidated affiliates
    		                                          1,811,000 221,500 248,000  -29,000 -456,000 -3,173,000  436,000    -162,000                                 
      gains/(losses) on disposition of property
    		                                           2,167,000 36,238,000 5,947,000   34,000                                       
      gain on acquisition of controlling interest in unconsolidated affiliate
    		                                                7,451,000                                       
      income from continuing operations before activity in unconsolidated affiliates
    		                                              13,221,000                                         
      income from continuing operations before disposition of property and condominiums and acquisition of controlling interest in and equity in earnings/(losses) of unconsolidated affiliates
    		                                               9,945,250 12,714,000                                       
      gains on for-sale residential condominiums
    		                                                     110,000 65,000        190,000 99,000 187,000 289,000 347,000                     
      income from continuing operations before disposition of property and condominiums and equity in earnings of unconsolidated affiliates
    		                                                 15,356,000    10,739,000     10,938,000                             
      losses on disposition of property
    		                                                 -37,000                                      
      income from continuing operations before disposition of condominiums and equity in earnings/(losses) of unconsolidated affiliates
    		                                                  12,699,000    13,212,000                                 
      impairments of real estate assets held for sale
    		                                                  -713,000                                     
      income from continuing operations before disposition of property, condominiums and investments in unconsolidated affiliates and equity in earnings of unconsolidated affiliates
    		                                                   13,055,000 10,909,000                                   
      gains/(losses) on for-sale residential condominiums
    		                                                   189,000 80,000   6,000 -476,000                               
      gains on disposition of investments in unconsolidated affiliates
    		                                                                                       
      excess of preferred stock redemption/repurchase cost over carrying value
    		                                                         -1,895,000           -108,000                   
      impairment of assets held for use
    		                                                        2,429,000               2,600,000    4,415,000 600,000 2,572,000 770,000 500,000        
      loss on debt extinguishment
    		                                                       -6,000  -24,000             -116,750  -467,000  -113,250 -323,000 -103,000 -27,000 -3,114,250  -12,457,000       
      income from continuing operations before disposition of property, condominiums and investment in unconsolidated affiliates and equity in earnings of unconsolidated affiliates
    		                                                       11,597,000 2,221,000 12,474,000  10,391,000 7,682,000 13,714,000                          
      gains on disposition of investment in unconsolidated affiliates
    		                                                        2,282,000     25,330,000                          
      net gains/(losses) on disposition of discontinued operations
    		                                                        2,573,000     -260,000                          
      gains on disposition of for-sale residential condominiums
    		                                                         116,000 38,000 -131,000 54,000 163,000                          
      net incomees on disposition of discontinued operations
    		                                                                                       
      earnings per common share - basic:
    		                                                                                       
      weighted-average common shares outstanding - basic
    		                                                         72,211,000   71,631,000 71,601,000   70,902,000 66,122,000 63,631,000 58,803,000 58,497,000 56,940,000                  
      earnings per common share - diluted:
    		                                                                                       
      weighted-average common shares outstanding - diluted
    		                                                         76,197,000   75,638,000 75,607,000   75,072,000 70,234,000 67,705,000 63,238,000 62,938,000 61,492,000  61,457,000                
      gain/(loss) on debt extinguishment
    		                                                           -620,000 -85,000                           
      gain on debt extinguishment
    		                                                                 630,000                      
      income/(loss) from discontinued operations available for common stockholders
    		                                                             -60,000  5,419,250 -137,000                       
      income from continuing operations before disposition of property and condominiums and
    		                                                                                       
      dividends declared and paid per common share
    		                                                              425                         
      gains on debt extinguishments
    		                                                               321,750 657,000                       
      income from continuing operations before disposition of property and
    		                                                                                       
      condominiums and equity in earnings of unconsolidated affiliates
    		                                                               8,728,250 11,815,000                       
      net gains/(losses) from discontinued operations
    		                                                               5,159,750 -377,000                       
      income before disposition of property and condominiums and equity
    		                                                                                       
      in earnings of unconsolidated affiliates
    		                                                                 13,005,000                      
      gains on disposition of discontinued operations
    		                                                                 20,943,000                      
      income before disposition of property and condominiums and equity in earnings of
    		                                                                                       
      unconsolidated affiliates
    		                                                                  11,461,000                     
      net gains on disposition of property
    		                                                                  19,000 -1,071,000 1,745,000 107,000                  
      net gains on sales of discontinued operations
    		                                                                  73,000                     
      net income attributable to noncontrolling interests in the operating partnership
    		                                                                  -694,000                     
      interest expenses:
    		                                                                                       
      income before disposition of property, insurance gain, minority
    		                                                                                       
      interest and equity in earnings of unconsolidated affiliates
    		                                                                   7,284,750 9,575,000 8,959,000                  
      gain from property insurance settlement
    		                                                                                       
      minority interest
    		                                                                   -21,000 -813,000 -679,000 -954,000 -292,000 -430,000 -614,000        -231,000 -579,000 -857,000 -656,000 -1,221,000  
      income from discontinued operations, net of minority interest
    		                                                                   962,000 50,000 374,000 1,922,000 311,000  634,000 2,916,000 585,000 1,971,000 1,331,000 343,000 548,000  667,000 2,850,000 3,007,000 3,781,000 2,266,000  
      net gains on sales of discontinued operations, net of minority interest
    		                                                                   6,198,000 2,940,000 4,702,000                  
      release of fasb fin 48 tax liability
    		                                                                                       
      net income per common share - basic:
    		                                                                                       
      net income per common share - diluted:
    		                                                                                       
      excess of preferred stock redemption cost over carrying value
    		                                                                         -1,803,000  -4,272,000            
      income/(loss) before disposition of property, minority interest and equity in earnings of unconsolidated affiliates
    		                                                                      4,874,000 1,976,000     5,370,000 2,454,000          
      net gains and (impairments) on sales of discontinued operations, net of minority interest, including gain from related party transactions of 4,816 in the nine months ended september 30, 2005
    		                                                                      1,159,500 2,595,000                
      net income per common share — basic:
    		                                                                                       
      income/(loss) from continuing operations
    		                                                                      160 40 40 100 -5 20 20    20       
      weighted-average common shares outstanding — basic
    		                                                                       54,470,000                
      net income per common share — diluted:
    		                                                                                       
      income before disposition of property, minority interest and equity in earnings of unconsolidated affiliates
    		                                                                        3,586,000 5,975,000 1,719,750 453,000            
      (loss)/income from discontinued operations, net of minority interest
    		                                                                        -100,000        -14,000       
      net gains and (impairments) on sales of discontinued operations, net of minority interest, including gain from related party transactions of 952 and 4,816 in the three and six months ended june 30, 2005, respectively
    		                                                                        285,000               
      net income per common share—basic:
    		                                                                                       
      weighted-average common shares outstanding—basic
    		                                                                        53,879,000 53,813,000  53,768,000 53,736,000 53,644,000  53,373,000 53,274,000    53,270,000 53,428,000  
      net income per common share—diluted:
    		                                                                                       
      weighted-average common shares outstanding—diluted
    		                                                                        60,387,000 60,588,000  60,486,000 60,351,000 53,644,000  54,002,000 53,274,000    53,315,000 53,475,000  
      gains on sales and impairments of discontinued operations, net of minority interest, including a gain from a related party transaction of 3,864 in 2005
    		                                                                         1,758,000              
      settlement of bankruptcy claim
    		                                                                               14,435,000        
      minority interest in the operating partnership
    		                                                                          -15,000 -62,000 -134,000 183,000 65,000 -1,491,000 -166,000       
      gains on sales and impairments of discontinued operations, net of minority interest, including a gain from related party transactions of 4,816 in the nine months ended september 30, 2005
    		                                                                          6,216,250 10,142,000            
      gains/(losses) on sales and impairments of discontinued operations, net of minority interest, including gain from related party transactions of 952 and 4,816 in the three and six months ended june 30, 2005, respectively
    		                                                                            581,000           
      net income available for/(loss attributable to) common stockholders
    		                                                                            3,721,000 13,441,000          
      net income/(loss) per common share—basic:
    		                                                                                       
      net income/
    		                                                                            70 250          
      net income/(loss) per common share—diluted:
    		                                                                                       
      net gains on sales of discontinued operations, net of minority interest, including a gain from a related party transaction of 3,864 in 2005
    		                                                                             14,142,000          
      (loss) from continuing operations
    		                                                                             -40          
      gain on extinguishment of co-venture obligation
    		                                                                                       
      income before disposition of property, co-venture expense, minority interest and equity in earnings of unconsolidated affiliates
    		                                                                              1,305,000 16,933,000        
      co-venture expense
    		                                                                                       
      gain on sale of discontinued operations, net of minority interest
    		                                                                              152,250 630,000     1,345,000   
      other income/expense:
    		                                                                                       
      (loss)/income before disposition of property, co-venture expense, minority interest and equity in earnings of unconsolidated affiliates
    		                                                                                -6,919,000       
      (loss)/gain on sale of discontinued operations, net of minority interest
    		                                                                                -3,457,000       
      net (loss attributable to)/income available for common stockholders
    		                                                                                -2,315,000       
      (loss)/income from discontinued operations
    		                                                                                -60       
      net (loss)/income
    		                                                                                -40 -30      
      rental revenue
    		                                                                                 108,622,000 106,342,000 106,991,000 105,659,000 109,020,000  
      rental property
    		                                                                                 39,165,000 37,801,000 37,184,000 36,870,000 37,319,000  
      income before gain/(loss) on disposition of land and depreciable assets, minority interest and discontinued operations
    		                                                                                 810,000 4,469,750 7,179,000  9,414,000  
      gain on disposition of land
    		                                                                                 1,138,000 397,000 1,067,000 1,412,000   
      (loss)/gain on disposition and impairment of depreciable assets
    		                                                                                 -55,000      
      income before minority interest and discontinued operations
    		                                                                                 1,893,000 5,555,000 8,043,000 5,650,000 10,297,000  
      gain/(loss) on sale of discontinued operations, net of minority interest
    		                                                                                 3,555,000 3,113,750 11,280,000    
      net (loss)/income attributable to common stockholders
    		                                                                                 -1,829,000      
      net (loss)/income per common share – basic:
    		                                                                                       
      net (loss)/income per common share – diluted:
    		                                                                                       
      litigation reserve
    		                                                                                       
      (loss)/gain on disposition of depreciable assets
    		                                                                                  9,250 -203,000    
      dividends on preferred shares
    		                                                                                  -5,784,750 -7,713,000 -7,713,000 -7,713,000  
      (loss)/income from continuing operations
    		                                                                                  -20 -10 -50   
      weighted-average shares outstanding—basic
    		                                                                                   53,080,000    
      weighted-average shares outstanding—diluted
    		                                                                                   53,261,000    
      distributions declared per common share
    		                                                                                  358.75 425 425 585  
      general and administrative includes 3,514 and 3,700 of nonrecurring compensation expense in the three and six months ended june 30, 2002, respectively
    		                                                                                    6,524,000   
      equity in (loss)/earnings of unconsolidated affiliates
    		                                                                                    -485,000   
      income before gain on disposition of land and depreciable assets, minority interest and discontinued operations
    		                                                                                    4,018,000   
      gain on disposition of depreciable assets
    		                                                                                    220,000 20,000  
      gain/(loss) on disposition of land
    		                                                                                     863,000  
      loss on sale of discontinued operations, net of minority interest
    		                                                                                     -170,000  
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.