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 2007-09-30 2007-06-30 2007-03-31 2006-09-30 2006-06-30 2006-03-31 2005-09-30 2005-06-30 2005-03-31 2004-06-30 2004-03-31 2003-09-30 2003-06-30 
      
    		                                                              
      revenues:
    		                                                              
      leasing revenue
    		237,232,000 232,725,000 235,647,000 257,392,000 203,448,000 197,961,000 191,652,000 220,020,000 197,305,000 192,653,000 199,045,000 212,952,000 195,594,000 188,590,000 203,412,000 213,890,000 197,135,000 196,987,000 179,535,000 185,342,000 175,506,000 168,754,000 210,721,000 222,584,000 214,260,000 211,022,000 211,008,000                                    
      other
    		10,623,000 11,130,000 8,656,000 8,565,000 9,689,000 10,781,000 8,902,000 10,717,000 13,403,000 11,686,000 9,054,000 8,193,000 7,503,000 8,081,000 6,327,000 8,476,000 8,215,000 11,855,000 5,321,000 5,647,000 4,334,000 3,003,000 9,258,000 7,825,000 6,889,000 7,831,000 5,334,000 19,751,000 13,520,000 12,889,000 13,809,000 15,335,000 11,701,000 13,519,000 15,264,000 16,343,000 12,048,000 17,789,000 13,148,000 18,669,000 14,477,000 15,321,000 13,003,000 20,588,000 10,614,000 10,594,000 10,430,000 14,472,000 11,006,000 8,756 9,287,000 7,511,000 9,443,000 6,250,000 6,795,000 5,436,000 11,036,000 5,078,000 8,750,000 3,972,000 12,175,000 7,877,000 
      management companies
    		5,407,000 5,938,000 4,921,000 7,719,000 7,087,000 6,779,000 8,229,000 7,951,000 7,444,000 8,035,000 6,755,000 7,080,000 7,607,000 7,420,000 6,405,000 7,037,000 6,787,000 6,631,000 5,568,000 3,654,000 6,004,000 6,830,000 6,973,000 11,432,000 9,978,000 9,119,000 10,180,000 11,390,000 11,052,000 10,496,000 10,542,000 11,439,000 10,056,000 10,003,000 11,896,000 10,539,000 8,983,000 11,325,000 8,617,000 9,184,000 5,271,000 6,174,000 5,625,000 8,733,000 8,352,000 8,776,000 8,121,000 8,999,000 10,742,000 9,242 9,599,000 8,754,000 8,023,000 7,369,000 7,257,000 6,921,000 11,441,000 5,277,000     
      total revenues
    		253,262,000 249,793,000 249,224,000 273,676,000 220,224,000 215,521,000 208,783,000 238,688,000 218,152,000 212,374,000 214,854,000 228,225,000 210,704,000 204,091,000 216,144,000 229,403,000 212,137,000 215,473,000 190,424,000 194,643,000 185,844,000 178,587,000 226,952,000 241,841,000 231,127,000 227,972,000 226,522,000 246,874,000 242,198,000 234,545,000 236,734,000 256,743,000 242,451,000 247,423,000 247,045,000 272,000,000 253,367,000 259,904,000 256,000,000 320,758,000 326,262,000 322,794,000 318,335,000 322,909,000 263,492,000 254,337,000 264,512,000 256,568,000 266,556,000 223,984 215,788,000 211,671,000 212,106,000 207,834,000 212,656,000  337,763,000 151,379,000 252,320,000 123,668,000 347,878,000 232,670,000 
      expenses:
    		                                                              
      shopping center and operating expenses
    		79,755,000 79,848,000 85,163,000 87,107,000 75,128,000 70,446,000 74,187,000 71,614,000 76,358,000 69,948,000 70,487,000 72,542,000 74,694,000 69,728,000 72,920,000 80,510,000 70,696,000 67,655,000 76,155,000 64,674,000 64,680,000 57,133,000 70,725,000 68,523,000 69,328,000 64,092,000 69,604,000 62,787,000 72,101,000 68,072,000 74,510,000 72,663,000 75,598,000 71,032,000 75,897,000 78,079,000 76,310,000 73,910,000 79,324,000 89,324,000 94,950,000 93,877,000 101,664,000 95,922,000 85,352,000 81,865,000 90,376,000 80,862,000 86,184,000 73,831 68,774,000 68,622,000 70,958,000 69,430,000 66,461,000 69,538,000 106,521,000 47,788,000 90,369,000 42,836,000 122,215,000 81,243,000 
      leasing expenses
    		10,635,000 10,624,000 11,219,000 7,493,500 9,862,000 9,590,000 10,522,000 6,720,000 8,777,000 8,447,000 9,656,000 6,115,750 8,704,000 8,148,000 7,611,000 4,500,750 6,200,000 6,637,000 5,166,000 4,905,500 5,544,000 6,653,000 7,425,000 5,586,000 7,162,000 7,677,000 7,505,000                                    
      management companies' operating expenses
    		20,171,000 21,871,000 20,783,000 24,567,000 18,843,000 19,450,000 19,199,000 17,208,000 16,513,000 17,439,000 18,900,000 16,557,000 16,553,000 17,746,000 16,945,000 16,565,000 14,601,000 15,021,000 14,843,000 19,879,000 13,031,000 16,442,000 16,224,000 16,575,000 15,514,000 15,692,000 19,014,000 22,719,000 21,526,000 20,966,000 38,323,000 23,342,000 22,046,000 26,216,000 28,517,000 22,839,000 23,285,000 24,299,000 27,900,000 24,621,000 21,012,000 20,239,000 26,468,000 23,239,000 21,508,000 20,896,000 22,772,000 24,458,000 23,036,000              
      reit general and administrative expenses
    		6,928,000 7,798,000 7,612,000 7,496,000 6,010,000 6,996,000 7,643,000 7,546,000 5,910,000 8,802,000 6,980,000 7,082,000 6,779,000 6,441,000 6,862,000 7,691,000 7,599,000 6,679,000 8,087,000 7,687,000 7,589,000 8,242,000 6,821,000 5,799,000 5,285,000 4,589,000 6,961,000 5,746,000 5,439,000 4,956,000 8,019,000 7,032,000 5,287,000 7,458,000 8,463,000 4,977,000 6,930,000 7,681,000 8,629,000 7,210,000 6,688,000 7,550,000 8,422,000 12,073,000 5,339,000 5,123,000 6,877,000 9,100,000 5,955,000 1,992 4,412,000 5,373,000 2,551,000 3,292,000 3,698,000 3,420,000 6,517,000 2,652,000 5,294,000 3,024,000 8,832,000 6,020,000 
      depreciation and amortization
    		90,904,000 88,500,000 92,562,000 81,454,000 73,299,000 71,676,000 68,351,000 69,765,000 70,755,000 70,388,000 71,453,000 73,559,000 72,739,000 72,458,000 72,856,000 79,638,000 75,465,000 77,630,000 78,396,000 78,507,000 78,605,000 80,294,000 82,213,000 84,086,000 82,787,000 82,385,000 81,468,000 86,828,000 81,803,000 78,868,000 79,937,000 85,968,000 83,147,000 83,243,000 83,073,000 89,391,000 86,976,000 85,190,000 86,931,000 107,035,000 117,486,000 119,333,000 120,618,000 112,517,000 89,741,000 87,801,000 88,657,000 84,469,000 91,346,000 60,171 60,404,000 57,087,000 55,843,000 59,411,000 61,949,000 57,182,000 90,413,000 36,969,000 69,568,000 34,301,000 73,517,000 48,489,000 
      interest expense:
    		                                                              
      related parties
    		     -15,701,000 4,439,000 -24,197,000 3,418,000 5,980,000 -9,407,000 11,367,000 6,473,000 8,892,000 8,002,000 -283,000 -7,708,000 2,954,000 1,319,000 -42,729,000 -15,502,000 -32,807,000 -44,243,000 -2,768,000 -36,059,000 -13,243,000 -10,447,000 -1,598,000 1,074,000 -2,762,000 10,169,000 2,164,000 2,175,000 2,181,000 2,211,000 2,221,000 2,224,000 2,256,000 2,272,000 2,387,000 2,690,000 2,709,000 2,729,000 4,065,000 3,671,000 3,690,000 3,708,000 3,727,000 3,745,000 3,772 3,213,000 2,651,000 2,730,000  2,698,000 2,548,000 4,392,000 2,032,000 2,269,000 1,017,000 4,261,000 2,831,000 
      total expenses
    		281,092,000 280,566,000 286,413,000 268,520,000 240,241,000 217,923,000 232,092,000 192,881,000 231,693,000 229,728,000 216,899,000 237,118,000 232,099,000 227,710,000 229,055,000 234,772,000 215,904,000 228,536,000 236,543,000 186,574,000 206,633,000 188,798,000 191,482,000 230,239,000 194,875,000 211,544,000 223,260,000 224,565,000 225,796,000 231,146,000 253,424,000 233,894,000 229,343,000 230,270,000 237,251,000 238,007,000 228,200,000 232,275,000 246,135,000 276,117,000 295,328,000 308,927,000 321,785,000 303,645,000 249,789,000 241,485,000 255,378,000 237,923,000 259,183,000 213,884 214,370,000 216,392,000 213,962,000 214,780,000         
      equity in income of unconsolidated joint ventures
    		9,759,000       19,298,000 -107,465,000 -6,960,000  11,166,000 6,322,000 6,353,000 -29,097,000 -4,523,000 -1,733,000 20,035,000 1,910,000 -10,050,000 -12,513,000 -14,173,000 9,698,000 14,426,000 14,582,000 7,257,000 12,243,000 20,443,000 18,789,000 15,669,000 16,872,000 28,774,000 23,993,000 16,936,000 15,843,000 19,404,000 11,261,000 14,616,000 11,660,000 16,979,000 10,817,000 9,094,000 8,274,000 16,019,000 16,935,000 13,903,000 13,769,000 22,103,000 35,161,000 18,648 18,997,000 14,483,000 18,490,000 17,861,000 21,016,000  27,584,000 11,246,000     
      income tax benefit
    		710,000 188,000 822,000 879,000 -545,000 -258,000 1,224,000 655,000 -1,672,000 -371,000 1,882,000 258,000 166,000 670,000  2,504,000 -107,000 -7,107,000 -2,238,000 -237,000 -1,106,000 1,524,000 266,000 114,000 -678,000 -679,000 -346,000 1,805,000 -466,000 -684,000 2,949,000 -15,772,000 -2,869,000 -437,000 3,484,000 2,014,000 -905,000 -514,000 -1,317,000 1,146,000 859,000 283,000 935,000 510,000 689,000 2,898,000 172,000 -571,000 543,000  787,000 120,000   533,000        
      gain on sale or write down of assets
    		-72,634,000 -10,484,000  -233,347,000 -16,605,000 324,996,000 -36,085,000 706,000 -149,287,000 10,279,000 3,779,000 931,000 1,405,000 -1,091,000 6,453,000 -17,616,000 118,566,000   -7,196,000 11,786,000   3,597,000 -131,000   -31,311,000 46,516,000 -9,518,000 -37,512,000 5,212,000 -11,854,000 -477,000 49,565,000 -10,702,000 -19,321,000 10,915,000 434,456,000 385,326,000 -3,342,000  935,000                  11,983,000  
      net income
    		-89,995,000 -41,544,000 -51,153,000 -219,620,000 -112,098,000 265,499,000 -131,446,000 66,466,000 -271,965,000 -14,406,000 -58,194,000 3,462,000 -13,502,000 -17,687,000 -37,354,000 -25,004,000 112,959,000 -4,062,000 -67,730,000 -204,844,000 -22,622,000 -26,727,000 8,731,000 29,739,000 50,025,000 13,947,000 8,843,000 13,246,000 81,241,000 8,866,000 -34,381,000 38,584,000 19,228,000 29,052,000 74,809,000 40,834,000 13,196,000 49,434,000 451,375,000 444,185,000 36,314,000 15,746,000 26,667,000 1,530,558,000 38,744,000 17,986,000 19,644,000 150,789,000 40,825,000 24,007 19,570,000 8,688,000 53,167,000 31,642,000 13,423,000 10,338,000 31,812,000 20,498,000 39,654,000 20,328,000 100,186,000 58,390,000 
      yoy
    		-19.72% -115.65% -61.08% -430.42% -58.78% -1942.98% 125.88% 1819.87% 1914.26% -18.55% 55.79% -113.85% -111.95% 335.43% -44.85% -87.79% -599.33% -84.80% -875.74% -788.81% -145.22% -291.63% -1.27% 124.51% -38.42% 57.31% -125.72% -65.67% 322.51% -69.48% -145.96% -5.51% 45.71% -41.23% -83.43% -90.81% -63.66% 213.95% 1592.64% -70.98% -6.27% -12.45% 35.75% 915.03% -5.10% 74819.82% 0.38% 1635.60% -23.21% -99.92% 45.79% -15.96% 67.13% 54.37% -66.15% -49.14% -68.25% -64.89%     
      qoq
    		116.63% -18.78% -76.71% 95.92% -142.22% -301.98% -297.76% -124.44% 1787.86% -75.24% -1780.94% -125.64% -23.66% -52.65% 49.39% -122.14% -2880.87% -94.00% -66.94% 805.51% -15.36% -406.12% -70.64% -40.55% 258.68% 57.72% -33.24% -83.70% 816.32% -125.79% -189.11% 100.67% -33.82% -61.17% 83.20% 209.44% -73.31% -89.05% 1.62% 1123.18% 130.62% -40.95% -98.26% 3850.44% 115.41% -8.44% -86.97% 269.35% 169954.57% -99.88% 125.25% -83.66% 68.03% 135.73% 29.84% -67.50% 55.20% -48.31% 95.07% -79.71% 71.58%  
      net income margin %
    		                                                       5.03%       
      less: net income attributable to noncontrolling interests
    		-2,635,000 -639,000 -1,030,000 1,216,250 -3,909,000 13,492,000 -4,718,000 -2,080,250 -9,418,000 558,000 539,000 -196,000 1,691,000 -2,303,000 -172,000                                                
      net income attributable to the company
    		-87,360,000 -40,905,000 -50,123,000 -211,210,000 -108,189,000 252,007,000 -126,728,000 62,179,000 -262,547,000 -14,964,000 -58,733,000 1,689,000 -15,193,000 -15,384,000 -37,182,000 -17,070,000 106,702,000 -11,765,000 -63,604,000 -190,418,000 -22,191,000 -25,116,000 7,522,000 26,891,000 46,371,000 15,734,000 7,824,000 11,749,000 74,028,000 7,816,000 -33,573,000 32,751,000 17,498,000 26,638,000 69,243,000 37,128,000 13,730,000 45,222,000 420,915,000 414,959,000 33,597,000 14,395,000 24,611,000 1,429,221,000 35,914,000 16,088,000 17,819,000 144,878,000 38,123,000              
      income per common share—attributable to common stockholders:
    		                                                              
      basic
    		-340 -160  20 -500 1,160      -80 -70   40 500                                              
      diluted
    		-340 -160  20 -500 1,160      -80 -70   40 500                                              
      weighted-average number of common shares outstanding:
    		                                                              
      basic
    		254,130,000,000 253,085,000,000 252,992,000,000 221,845,000,000 218,420,000,000 216,180,000,000 216,036,000,000 215,548,000,000 215,632,000,000 215,457,000,000 215,291,000,000 215,031,000,000 215,134,000,000 214,990,000,000 214,819,000,000 198,070,000,000 213,214,000,000 205,757,000,000 158,580,000,000 146,232,000,000 149,626,000,000 144,102,000,000 141,437,000,000 141,340,000,000 141,368,000,000 141,344,000,000 141,262,000,000 141,142,000,000 141,196,000,000 141,137,000,000 141,024,000,000 141,877,000,000 141,299,000,000 141,695,000,000 143,596,000,000 146,599,000,000 143,923,000,000 146,644,000,000 151,984,000,000 157,916,000,000 158,517,000,000 158,501,000,000 158,336,000,000 143,144,000,000 140,916,000,000 140,894,000,000 140,767,000,000 139,598,000,000 140,712,000,000 71,674,000 71,528,000,000 71,669,000,000 71,479,000,000 71,458,000,000 68,738,000 59,247,000,000       
      diluted
    		254,130,000,000 253,085,000,000 252,992,000,000 221,845,000,000 218,420,000,000 216,180,000,000 216,036,000,000 215,548,000,000 215,632,000,000 215,457,000,000 215,291,000,000 215,031,000,000 215,134,000,000 214,990,000,000 214,819,000,000 198,070,000,000 213,214,000,000 205,757,000,000 158,580,000,000 146,232,000,000 149,626,000,000 144,102,000,000 141,437,000,000 141,340,000,000 141,368,000,000 141,344,000,000 141,262,000,000 141,144,000,000 141,196,000,000 141,137,000,000 141,050,000,000 141,913,000,000 141,310,000,000 141,728,000,000 143,655,000,000 146,711,000,000 144,036,000,000 146,769,000,000 152,103,000,000 158,060,000,000 158,634,000,000 158,633,000,000 158,544,000,000 143,291,000,000 141,060,000,000 141,036,000,000 140,817,000,000 139,680,000,000 140,773,000,000 84,529,000 84,552,000,000 85,034,000,000 85,021,000,000 85,023,000,000 82,518,000 73,660,000,000       
      equity in loss of unconsolidated joint ventures
    		 -475,000 -799,000 7,692,000 -74,931,000 -56,837,000 -73,276,000    -61,810,000                                                    
      loss on sale or write down of assets
    		  -13,987,000               -3,927,000 -21,283,000   -3,867,000 -36,703,000   -9,059,000 -6,316,000               -4,671,000                     
      loss per common share—attributable to common stockholders:
    		                                                              
      basic
    		  -200    -590 -390 -1,220 -70 -270   -70 -170   -60                                             
      diluted
    		  -200    -590 -390 -1,220 -70 -270   -70 -170   -60                                             
      interest income:
    		                                                              
      loss on extinguishment of debt
    		                1,007,000          351,000                    358,000                
      income tax expense
    		              -1,799,000                                                
      less net income attributable to noncontrolling interests
    		               -7,934,000 6,257,000 7,703,000 -4,126,000 -14,426,000 -431,000 -1,611,000 1,209,000 2,848,000 3,654,000 -1,787,000 1,019,000 1,497,000 7,213,000 1,050,000 -808,000 5,833,000 1,730,000 2,414,000 5,566,000 3,706,000 -534,000 4,212,000 30,460,000 29,226,000 2,717,000 1,351,000 2,056,000 101,337,000 2,830,000 1,898,000 1,825,000 5,911,000 2,702,000              
      earnings per common share—attributable to common stockholders:
    		                                                              
      basic
    		                  -400 -1,300 -150 -180 50 190 330 110 50 80 520 50 -240 230 120 190 480 270 90 310 2,770 115 210 90 150                    
      diluted
    		                  -400 -1,300 -150 -180 50 190 330 110 50 80 520 50 -240 230 120 190 480 270 90 310 2,760 112.5 210 90 150                    
      costs related to shareholder activism
    		                             19,369,000                                 
      minimum rents
    		                           144,310,000 146,256,000 142,883,000 142,407,000 150,591,000 144,991,000 152,893,000 145,555,000 158,781,000 154,018,000 152,448,000 151,048,000 181,528,000 194,183,000 193,131,000 190,761,000 182,323,000 150,395,000 149,220,000 151,633,000 139,488,000 150,638,000 130,371 125,901,000 123,985,000 122,419,000 125,929,000 129,763,000 122,252,000 207,968,000 93,036,000 155,903,000 75,947,000 214,419,000 145,167,000 
      percentage rents
    		                           10,845,000 3,325,000 1,515,000 1,884,000 10,340,000 2,806,000 2,060,000 1,918,000 11,623,000 3,871,000 2,394,000 3,014,000 13,877,000 5,992,000 2,576,000 3,248,000 15,055,000 4,072,000 2,372,000 2,853,000 12,203,000 4,137,000 4,992 2,862,000 3,767,000 4,866,000 2,754,000 2,929,000 5,285,000 5,830,000 2,774,000 4,827,000 2,427,000 5,041,000 2,971,000 
      tenant recoveries
    		                           60,578,000 68,045,000 66,762,000 68,092,000 69,038,000 72,897,000 68,948,000 72,412,000 74,714,000 74,447,000 75,948,000 80,173,000 97,500,000 106,339,000 105,592,000 105,698,000 96,210,000 90,059,000 83,375,000 91,475,000 81,406,000 90,033,000 70,623 68,139,000 67,654,000 67,355,000 65,532,000 65,912,000 65,529,000 101,488,000 45,214,000 82,840,000 41,322,000 116,243,000 76,655,000 
      co-venture expense
    		                               -2,479,000 -3,150,000 -4,123,000 -3,877,000 -3,875,000 -3,006,000 -3,212,000 -3,289,000 -3,907,000 -2,954,000 -2,813,000 -2,130,000 -3,315,000 -2,144,000 -2,212,000 -1,820,000 -2,632,000 -2,053,000              
      gain on extinguishment of debt
    		                                       -152,250 27,000 1,609,000  101,250 46,000                  
      earnings per common share—net income attributable to common stockholders:
    		                                                              
      basic
    		                  -400 -1,300 -150 -180 50 190 330 110 50 80 520 50 -240 230 120 190 480 270 90 310 2,770 115 210 90 150                    
      diluted
    		                  -400 -1,300 -150 -180 50 190 330 110 50 80 520 50 -240 230 120 190 480 270 90 310 2,760 112.5 210 90 150                    
      costs related to unsolicited takeover offer
    		                                        209,000 11,423,000 13,572,000                    
      (gain) loss on extinguishment of debt
    		                                    -5,284,000                          
      gain on remeasurement of assets
    		                                         -14,000 22,103,000                    
      gain on early extinguishment of debt
    		                                      3,575,000         -484,500 6,000              
      (gain) loss on early extinguishment of debt
    		                                          -2,245,000                    
      gain on remeasurement, sale or write down of assets
    		                                           -376,000 9,561,000 -9,455,000 -1,611,000 -32,645,000 1,763,000              
      income from continuing operations
    		                                           1,530,558,000 38,744,000 17,986,000 19,644,000 4,900,000 42,787,000 27,745 23,454,000 9,265,000 15,738,000 10,156,000 13,949,000 11,022,000 35,564,000 23,422,000 47,537,000 24,619,000 1,320 890 
      discontinued operations:
    		                                                              
      gain on the disposition of assets
    		                                               35,157,750 -1,281,000              
      income from discontinued operations
    		                                               106,000 -681,000 237  179,000 116,000 304,000 934,000 722,000 1,745,000 978,000 274,000 82,000 1,332,000  
      total income from discontinued operations
    		                                               145,889,000 -1,962,000    46,330,000   722,000       
      earnings per common share attributable to company—basic:
    		                                                              
      discontinued operations
    		                                               970 -10    550 310 10 10 30 20 10 0 360 40 
      net income attributable to common stockholders
    		                                           9,970 250 110 130 1,040 270              
      earnings per common share attributable to company—diluted:
    		                                                              
      management companies’ operating expenses
    		                                                 17,908 18,519,000 17,755,000 14,455,000 12,125,000 14,714,000 11,748,000 23,338,000 10,538,000     
      minority interest in consolidated joint ventures
    		                                                              
      gain on sale of assets
    		                                                 147 2,279,000 1,752,000 538,000   10,000 1,281,000 1,308,000 781,000 27,000 22,584,000 8,794,000 
      loss on early extinguishment of debt
    		                                                              
      income before minority interest and preferred dividends
    		                                                 27,077 21,968,000 9,155,000 62,068,000          
      less: minority interest in operating partnership
    		                                                 3,070 2,398,000 467,000 8,901,000 4,770,000         
      less: preferred dividends
    		                                                 6,727 6,122,000 6,122,000 6,199,000 5,970,000 5,970,000  6,923,000 2,358,000 4,425,000 2,212,000 12,458,000 10,391,000 
      net income available to common stockholders
    		                                                 17,280 13,448,000 2,566,000 46,968,000 25,672,000 7,453,000 4,064,000 24,889,000 18,140,000 35,229,000 18,116,000 87,728,000 47,999,000 
      earnings per common share—basic:
    		                                                              
      earnings per common share—diluted:
    		                                                              
      loss on sale of assets
    		                                                              
      earnings per common share - basic:
    		                                                              
      earnings per common share - diluted:
    		                                                              
      interest expense
    		                                                     70,522,000         
      total from discontinued operations
    		                                                     26,256,000 934,000  1,927,000 1,275,000 587,000 109,000   
      income before minority interest
    		                                                     36,412,000 14,883,000 11,744,000 37,491,000 24,697,000 48,124,000 24,728,000 123,099,000 71,089,000 
      others
    		                                                      68,452,000 68,806,000 99,883,000 40,532,000 65,819,000 32,316,000 94,586,000 64,158,000 
      total interest expense
    		                                                      71,150,000 71,354,000 104,275,000 42,564,000 68,088,000 33,333,000 98,847,000 66,989,000 
      less: minority interest
    		                                                      1,460,000  5,679,000 4,199,000 8,470,000 4,400,000 22,913,000 12,699,000 
      net income per share
    		                                                      0.11  0.42 0.31 0.6 0.31 1.68 0.93 
      total revenue
    		                                                       205,423,000       
      yoy
    		                                                              
      qoq
    		                                                              
      equity in income from unconsolidated joint ventures
    		                                                       18,831,000       
      less minority interest
    		                                                       1,406,000       
      less preferred dividends
    		                                                       6,274,000       
      earnings per common share — basic
    		                                                              
      earnings per common share — diluted
    		                                                              
      weighted-average number of common shares outstanding - basic
    		                                                        58,984,000 58,865,000 58,354,000 58,390,000 52,305,000 51,733,000 
      weighted-average number of common shares outstanding - diluted
    		                                                        73,452,000 73,284,000 72,966,000 72,987,000 75,124,000 65,915,000 
      equity in income of unconsolidated joint ventures and the management company
    		                                                          28,160,000 14,850,000   
      equity in income of unconsolidated joint ventures and the management companies
    		                                                            42,859,000 29,607,000 
      income of the operating partnership from continuing operations before minority interest
    		                                                            99,183,000 68,330,000 
      total discontinued operations
    		                                                            23,916,000  
      gain on sale of asset
    		                                                             2,759,000 
    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.